Gambling news - page 1159

FCBetz disappointing for The Weather Lottery

20 Jun 2011

The UK-based The Weather Lottery (TWL) released a trading and prospect update this week. The company reports disappointing developments with regard to the company’s intended expansion into the online gaming sector, under the brand FCBETZ.com. The intention of the brand was to provide a number of football league clubs and their supporters with a full …

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Company set to capitalise on US online gambling

20 Jun 2011

Former entertainment industry executive, Jon Richmond (53) is expected to be named chief executive officer of U.S. Digital Gaming (USDG), a casino executive-backed venture founded in 2009, reported The Wall Street Journal. The company is said to be positioning itself as a comprehensive provider of online gambling services in the U.S. market including software, legal …

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Bet365 reports another major winner

20 Jun 2011

Online gambling group bet365 has reported another big June winner following a GBP100 000 hit on its Deal or No Deal game. A player from Colchester, UK identified as Julie is the lucky winner, and plans to use the windfall to visit friends in Canada and buy a new car for herself.

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UK gambling act under review?

20 Jun 2011

The independent business services firm Ernst and Young has published a report on the UK Gambling Act commissioned by the National Casino Industry Forum…and its findings are not happy conclusions. Reporting on the study, the Telegraph newspaper notes that the Gambling Act 2005, which was expected to create more land casinos, has in fact limited …

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Car workers caught gambling online

19 Jun 2011

97 workers at the Hyundai Motor Company in Korea have been disciplined after admitting they had gambled online whilst at work, reports the Yonhap news agency. The company revealed that following a snitch report that production line workers were using company time and computers to gamble on the internet, an IT audit was launched in …

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Top gambling expo to relocate

18 Jun 2011

January 2012 will be the last time industry people tread the well-worn route to the prestigious ICE exhibition in London, which has for years been located at the famous and central Earls Court exhibition centre. Clarion Events, which organises the annual expo, has announced that it has signed a five year deal that will see …

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Companion tax measure for online gambling legalisation bill

18 Jun 2011

A sense of deja vu was perhaps inevitable this week as Congressman Jim McDermott launched HR2230, the  Internet Gambling Regulation and Tax Enforcement Act, in the House Financial Services Committee, supported by Representative John Campbell and the committee’s ranking Democrat member Barney Frank. Deja vu, because McDermott was the man behind previous online gambling tax …

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DDoS attacker jailed for extortion

17 Jun 2011

A hacker based in Germany has been sentenced by a Dusseldorf court to a thirty-four month jail sentence for targeting six unidentified online gambling websites in a DDoS extortion scam ahead of the Soccer World Cup 2010. According to a German news source, the hacker spent $65 on the hire of a botnet before blackmailing …

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Betclic Turf launched

17 Jun 2011

Online gambling operator Betclic Everest Group launched Betclic Turf into the French market, this week. Betclic Turf is the company’s new online horse race betting offering which has launched on a new technological platform provided by Groupe Carrus. José Covès, a well-known horse racing journalist, has been engaged as Betclic Turf’s celebrity spokesman and ambassador …

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Boylesports appoints new commercial manager

17 Jun 2011

Irish independent bookmaker Boylesports announced the appointment of Sharon Byrne to its senior management team, this week. Sharon joins the company as Commercial Manager, with fifteen years of experience as an independent bookmaker and as the chairperson of the Irish Bookmaker Association, which represents 700 of the 1150 betting shops around the country. John Boyle, …

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Paddy Power reviews GBP6M creative account

17 Jun 2011

Irish bookmaker Paddy Power is reviewing its arrangement with Big Al’s Creative Emporium in view of the fact that the agency has accepted a commission from its competitor Betfair. The agency is responsible for the controversial Paddy Power “blind football” advert that featured a blind footballer kicking a cat.  The advert was the UK Advertising …

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Dragon Island from NetEnt

17 Jun 2011

“Dragon Island™” is Net Entertainment’s first video slot to feature “Win Both Ways” which gives players the opportunity to win on symbol combinations from both left to right and right to left. By activating Win Both Ways, the player automatically doubles the current bet and plays for a x2 payout when receiving five symbols in …

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RGA disappointed with Consumer Right Directive

17 Jun 2011

The Remote Gambling Association (RGA) has expressed its disappointment that gambling has been excluded from the general scope of the Consumer Rights Directive between EU institutions. The RGA commented as follows: Gamblers left out of the Consumer Rights Directive In the context of the agreement just reached between the EU institutions on the final text …

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Online gambling the answer for Saskatchewan First Nations?

17 Jun 2011

The call by Saskatchewan First Nation tribes for the legalisation on online gambling in the Canadian province has been given added momentum this week by the release of statistics showing a decline in revenues at Indian land casinos. Revenues declined for the second consecutive year, requiring the Saskatchewan Party cabinet to approve a Cdn$46.3-million payment …

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Online operations good for US racing firm

17 Jun 2011

The annual shareholders’ meeting of US horseracing company Churchill Downs produced some interesting numbers this week, illustrating that the company is increasingly reliant on ‘alternative’ revenues such as online bets, made possible by carve-outs in US federal legislation. The Thoroughbred Times reports that in 2006 around 90 percent of the company’s earnings came from track …

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Jaxx – Mybet boosts player verification

16 Jun 2011

The online gambling operations of Jaxx and MyBet have been given a further level of protection against fraudsters and attempts at access by minors with the implementation of new ID verification software from specialist company 192business. Jaxx and myBet are licensed in the UK and in Malta and offer internet sports betting options to customers …

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Washington DC: Online gambling may be shortlived

16 Jun 2011

The decision by the Washington DC Council to permit internet gambling in the district may be short-lived, according to reports in the Washington Post this week. Councillors are questioning the motives of the original proposer of the plan, Michael A. Brown, suggesting that there needs to be a full vetting of the plan to make …

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Chartwell losses double in latest results

15 Jun 2011

Canadian online gambling provider Chartwell Technology Inc announced unimpressive results for the three months ended April 30, 2011 this week. The company doubled its losses compared to the same period in 2010 and total revenue fell by 24.5 percent. Key Performance Indicators for the three month period ending 30 April 2011 include: –  Total revenue …

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Cherry AB loses senior executive

15 Jun 2011

Gunnar Lind tendered his resignation as chief executive officer and president of Cherryföretagen to the board of Cherry AB, this week. “With almost 5 years as CEO and president of Cherryföretagen behind me, I feel that the time has come to leave the post to a new leader. “It has been a challenging and exciting …

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Betfair makes multi million donation to racing

15 Jun 2011

Betfair announced its continual support of British racing with a voluntary donation of GBP 6 Million to the sport, this week. The donation is in lieu of the 50th Levy Scheme payment it would have been required to make had the company remained under a UK licence. Betfair is said to be the first major …

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Ladbrokes and Microgaming renew online gambling agreement

15 Jun 2011

Online gambling software provider Microgaming and the major UK gambling group Ladbrokes have signed a new platform and content supply agreement through which Microgaming will continue to supply casino and games software to Ladbrokes’ internet betting and gaming website under new terms that offer both parties revenue growth opportunities. Ladbrokes online casino has been powered …

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IGT in spanish online deal

15 Jun 2011

The latest content supply agreement for International Game Technology (IGT) is with Play Games Online Ltd to provide premium game content to Botemagico.com, an online casino and entertainment website targeting the Spanish market. As has been the case in previous deals announced recently, the game titles will be integrated via the IGT rgs (remote game …

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Former Gala Coral ceo now charity chairman

14 Jun 2011

Neil Goulden, former chief exec of the online and land gambling group Gala Coral, has been elected chairman of the GREat Foundation, a charity that promotes responsible gambling. The Board of Trustees announced Goulden’s appointment at its meeting this week, along with new trustees Andrew Love – deputy chairman of the Ritz Hotel and executive …

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Good online results for Loto Quebec

14 Jun 2011

The Quebec provincial government’s sally into the online gambling market appears to be generating positive results, judging by the latest financial report from operator Loto Quebec. In a section of the report devoted to the new online gambling venture through the Espacejeux website, the company advised that one of the highlights of the year has …

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