The Montreal-based internet gambling group Amaya Gaming, which has been making waves this year with the acquisition of Chartwell Technology, significant investments in Cryptologic stock and deals in the African state of Kenya, has reported a quarterly loss of $1.8 million. Management revealed Thursday that Amaya lost $1.8 million in its latest quarter compared with …
The Committee on Finance and Revenue enquiry into Washington DC’s move to legalise online gambling has prompted a hold on implementation until more community input on the desirability of such a move can be obtained. Washington newspapers reported late Thursday that the commencement of legal online gambling regulated by the DC Lottery Corporation will be …
Amid the licence suspensions and speculation on the future of Full Tilt Poker and payment of its players this week, rival gambling group 888.com pitched in with a communication to its marketing affiliates that is clearly designed to assuage any fears they may have regarding the safety of the Gibraltar-based company. In a reference to …
Two online gambling websites in the Win United stable, a group in which Sportingbet founder and respected industry exec Mark Blandford has a substantial interest, are to receive software from Chartwell Technology in an agreement signed this week. The multiyear agreement enables Win United’s sites YouWin and Sportsbook to deploy Chartwell table games, card games …
Scotland’s STV will launch a new online casino service dubbed STV Live casino on July 1st, aided by technology from Dublin-based VueTec. The game brings live gaming action from the casino floor in Ireland, in real time and from real casino tables. VueTec technology allows online players to view all the casino action live on …
Following yesterday’s news that the South African Gambling Review Commission has recommended that online wagering be made legal in the country, the local publication ITWeb ran an assessment of the situation Thursday. After years of investigations and parliamentary and public debate, the government has yet to move decisively on the issue, with the ministry for …
The European Court of Justice ruled Thursday that France may keep its horse betting monopoly…but only if it is applied consistently to fight the dangers of gambling, reports the Reuters news service. The ruling represents something of a setback for European internet betting corporates that have been using litigation break national monopolies, and it came …
Following a competitive review that ran alongside a review of its creative business, Walker Media has been reappointed by Ladbrokes to handle its GBP 9 million media planning and buying account. Campaign live reports that agencies were partnered with media agencies during the pitch process in order to offer Ladbrokes an integrated solution. Ladbrokes plans …
An agreement signed between Italian gaming platform Gioco Online Italia and Malta-based and licenced Medialivecasino Ltd will give Italian players live dealer online roulette, blackjack and baccarat. A Gioco Online Italia spokesperson said the agreement represents an important step for the Italian gaming platform with a view to legalised online casino games in Italy. Mauro …
bwin.party digital entertainment announced the commencement of a share buy-back programme and the sale of its Ongame network in a trading update released this week. The company reported on its trading performance from the period beginning April 2011, which it says has largely been in-line with management expectations, with the exception of sports margins due …
The Washington DC measure legalising intrastate online gambling is fully legal, and the DC Lottery’s plan to launch internet gambling within the district can lawfully progress, the District’s Attorney General Irvin B. Nathan told a hearing by the council’s Committee on Finance and Revenue Wednesday. Nathan said the measure complies with federal laws and may …
The latest 3D internet slot from online gambling software provider Betsoft is themed on the city of light and titled A Night in Paris. The 5 reel, 30 pay-line slot is the 21st addition to the company’s growing range of innovative games featuring cinematic animation, 3D and digital sound and unusual themes. In A Night …
The Swedish online gambling software supplier Net Entertainment has launched its latest rich-featured branded online slot under licence from Universal, titled Frankenstein. Themed on the famous 1931 horror fantasy of a being made up of spare human parts, the offering is replete with ghostly buildings, dark, stormy nights and weird characters, all carried on cartoon …
The Microgaming-powered online casino operations of Canbet, a subsidiary of the Australian group IAS, are to be closed today following a decision by the company to focus on its core business of horse racing and sports betting. Marketing affiliates of the internet casino were told in a communication Wednesday that with effect June 30th the …
Bookmaker Ladbrokes have advised players and affiliates that the company will no longer continue taking bets and registrations from Polish IP Addresses or players who have their country of residence listed as Poland. New Polish gambling legislation, due to come into force in July 2011, allows for operators to offer sports betting only under a …
The South African Government’s Trade and Industry Minister Rob Davies has cautioned both offshore gambling operators and resident online gamblers in a press conference held this week on the outcomes of the Gambling Review Commission. Davies warned that despite offshore operators establishing businesses in the country, his department would not be pressured into accepting forms …
Betfair announced it will embark on a share re-purchase programme over the next twelve month period following a slump in share prices since its IPO in October 2010. The re-purchase programme will be conducted on the open market and the company intends buying back GBP 50 million of its ordinary shares. David Yu, chief executive …
Following industry speculation, UK Bookmaker Ladbrokes has presented a new cross-channel, centralised structure in the re-organisation of its senior management. Ladbrokes confirmed that it will move forward in three operational groups; Customer experience, Channels and Products – each lead by an existing director . Customer Experience will be led by Stephen Vowles and will be …
The Entraction Holdings’ Board has received a proposal for election of four new board members from International Game Technology’s wholly-owned subsidiary and largest shareholder Eagle Ice AB. The proposal names Robert C. Melendres, the Chief Legal Officer and Corporate Secretary of IGT; Gideon Bierer, Executive Vice President of IGT; Craig Churchill, Senior Vice President of …
The Sporting Index Group’s B2B arm Sporting Solutions announced the inclusion of boxing to its in-play offering, this week. The inclusion will allow partners to access eleven in-play markets on all major boxing bouts and will launch in time for the World Title Showdown between David Haye v Wladimir Klitschko. Current Sporting Solutions partner operators …
Regardless of challenges in regulatory environments and a series of middle management and high profile staff departures, the company has posted strong profitability and record revenue for the period. The company’s outlook for the first eight weeks and beyond of its current fiscal year are positive with “many of the new products expected to drive …
Rival Gaming released its latest offering this week, a five-reel, fifteen payline video i-Slot titled “The Back Nine”. The new slot, due for release across Rival powered brands, is a continuation of the company’s flagship title “Hole in Won”. The aim of this game is for players to successfully putt their way through each of …
Online sports betting group Sportingbet has announced the appointment of Rory Macnamara as a non-executive director and chairman of its audit committee, with immediate effect. Macnamara qualified as an ACA with Price Waterhouse before joining Morgan Grenfell, later Deutsche Morgan Grenfell, in 1981 as an investment banker. Over the following seventeen years he advised clients …
The situation at the UK online and land gambling group Rank plc appeared to be going from bad to worse this week, with conflicting signals on an Asian takeover bid leaving investors confused and in many cases angry. Compounding an already serious situation, today (Tuesday) saw the resignations of chief executive officer Ian Burke and …