The former French gambling monopoly Pari-Mutuel Urbain (PMU) reported strong first half 2011 results this week, attributed to historical growth and successful diversification. Key performance highlights for the first six months of 2011 compared to the same period in 2010 include: – Overall growth in revenue of Euro 5.1 billion, up 8.1 percent – Overall …
The widely discussed rumour that GTechG2’s Boss Media online gambling subsidiary has had its Malta licence revoked was firmly scotched this week in a notification displayed on regulator LGA’s website. The notice, headed “False Report on Licensee”, read: “The Lotteries and Gaming Authority (Malta) categorically denies the allegations published on an internet website in relation …
Atlantic City gambling operators under pressure from a four-and-a-half year business drought caused by the recession and competition from neighbouring states were feeling a little more optimistic this week as official statistics for the month of June showed a little improvement. Casino revenues fell just 3.7 percent in June, to $276.2 million, whilst June slot …
Official figures for May 2011 released this week show that Nevada gaming revenues soared by 16.2 percent overall, driven mainly by baccarat and slot performances, reports Barron’s business news. Vegas Strip revenue rose 28.9 percent compared with a 2.2 percent drop on the Strip in April, and a 13 percent gain in March this year. …
The New Zealand government’s abhorrence of internet gambling is selective; it appears, as the national lottery presses ahead with plans to exploit the internet in order to boost sales. According to TVNZ, the national Lottery Commission’s statement of intent for the next two years includes selling lotto tickets in supermarkets and a push towards more …
Online betting exchange Betfair announced the creation of an emerging markets position, this week and has hired Matt Robinson to fill it. Robinson will join the company as Emerging Markets Director from the position of Central Marketing Director at Bwin.party Digital Entertainment plc and will report to Niall Wass, Betfair’s Chief Commercial Officer. A company …
ConradK, a UK online punter with a new taste for live dealer action, became a big winner on live roulette at Guru Play Casino.com last week, cashing out Euro 40 000 on his first trial of live dealer gambling. The punter told casino management that he was surfing around the internet when he saw an …
Sheikh Al Khalifa is unlikely to be popular with other members of the Bahraini royal family following UK and Bahraini court orders enforcing a GBP240,272 betting debt owed to the UK-based Spreadex company, a financial and sports spread betting organisation. The Ahul Bayt news agency reports that unless the debt was paid in full by …
The French regulator ARJEL has announced the approval of new online gambling licenses to Aubsail SAS in respect of its operation France-pari-sportif.fr, which is authorised to offer a range of internet sports betting that includes fixed odds and live betting. The licence was issued for five years from July 7. France-bet-sportif.com is the brainchild of …
The events of Black Friday in the United States have probably added momentum to British Culture Secretary Jeremy Hunt’s review of UK online gambling, The Guardian newspaper reported over the weekend. Hunt is preparing to radically overhaul online gambling licensing rules, reportedly to ensure that the Exchequer gets his cut through new advertising restrictions on …
Entering the competitive UK sports betting market this week is a new company co-owned by Cheshire businessman Paul Antrobus, his son Steven and gambling experts Leon Hosking and Chris Calderwood. Branded ApolloBet.com, the site is powered by the Isle of Man regulated JenningsBet and claims membership of the Association of British Bookmakers. Pro snooker player …
English Premier League Wigan Athletic Football Club confirmed its most lucrative shirt sponsorship in the club’s history of a two-year deal signed with online betting brand 12BET. The Manchester-based club sponsorship is effective from July 1 2011 and 12BET’s logo will appear on all Wigan Athletic replica shirts and training apparel, excluding juniors, for the …
Media and online gaming company Media Corporation Plc presented its third quarter trading update this week. The company reported good growth in revenues from its media division, Eyeconomy but declining results from its online gaming arm, Purple Lounge in its third fiscal quarter. Q3 2011 Key Performance Indicators include: – Group Revenues of GBP 11.4 …
The French National Commission for Data Protection Authority (CNIL) and online gaming regulatory authority ARJEL will be teaming up to oversee compliance and data protection issues. The two independent administrative authorities will begin on-site inspections of the thirty-five French-licenced online gaming operators to ensure compliance with regulatory objectives including the fight against addiction, protection of …
A New Jersey financial advisor ruined both his career and his reputation, and prejudiced his clients, through his inability to control his internet gambling, a court of law heard this week. Daniel J. Trolaro (35) pleaded guilty to stealing $1.9 million in client money and losing most of it to feed an online gambling addiction …
Finland’s state tri-opoly on internet gambling could benefit from the country’s new coalition government, which has hinted at an intention to restrict still further any competition from foreign internet gambling companies. Government spokesmen have not been specific in how this is to be achieved, but the overall intention is to restrict any incursions by foreign …
Managers from Rewards Affiliates have informed affiliate marketers that the MiniVegas group of online casinos is the latest Casino Rewards acquisition. To date no official and general public announcement has been made, but the agreement apparently involves seven Microgaming powered and eCOGRA accredited online casinos that are well established. The consideration paid has not been …
Online casino software provider, Net Entertainment has clinched two further supply deals with G.Matica and Interwetten for the Italian market. G.Matica, already licenced by the Italian gaming authority AAMS to offer online sports betting, poker and casino has signed a multi-year agreement with Net Entertainment as their online casino games supplier. Net Entertainment’s existing client, …
Licensees using the Openbet online gambling platform will soon have the benefit of additional anti-fraud and player-verification protection following an agreement between the UK software provider and information services firm Experian. Experian’s identity and fraud tools will be integrated into the OpenBet platform, enabling operators to quickly and easily access player verification and anti-fraud services …
Jackpot Party.com has a new online slot from the studios of its parent company, WMS Gaming. Branded ‘Chieftain’ the new 5 reel slot features an Aztec theme with appropriate animated symbols carrying a variety of entertaining features that include up to 50 retriggering free spins where wins are doubled; access to a big win progressive …
The Bwin sports brand has signed on as the new sponsor for Euroleague Basketball, the most important professional club basketball competition in Europe. Bwin’s marketing and media rights agreement for Euroleague events runs until June 2014, and significantly broadens the footprint of the internet gambling firm within European basketball. “We are proud to announce the …
Pro snooker player Andrew Higginson is fronting the launch of a new online betting website titled Apollo Bet.com. The British-based company is co-owned by Widnes, Cheshire businessman Paul Antrobus, his son Steven and gambling experts Leon Hosking and Chris Calderwood. The site which took nine months to build “has the potential to rival the biggest …
Manila-based live dealer provider EntwineTech has entered into a deal with U.S. company Atlantis Internet Group (Atlantis) via their Tribal Gaming Network. The Atlantis Internet Group is a public Nevada gaming corporation that specialises in the development of casino games, casino management software, slot machine software, gaming networks and land based casino development. A company …
Greek proposals to regulate online gambling, already mired in controversy and reservations about compliance with EU law, suffered another setback this week when the European Commission responded to the latest draft. The Commission issued a detailed opinion against the Greek draft law on online gambling on 7 July 2011, confirming that the Commission has strong …