Detective Roland Benavides, an Oklahoma City police officer was indicted and charged with illegal gambling by a Multi-County Grand Jury this week. Benavides had been under investigation by the Oklahoma City Police Department for over a year before being charged said Police Chief Bill Citty. The officer has been charged with three counts in connection …
The “Deal or No Deal” slot exclusive to GameSys’ Jackpotjoy.com paid out a life-changing win of GBP511 103 to a lucky player identified as Annette M. “I am a 500K Winner! Very, very, very happy and in total shock with the win. I have no words and think I am still in big shock. It …
Among the most recent indictments unsealed by federal enforcement agencies is one naming Canadian software specialist David Parchomchuk, and it could be either a wrongful prosecution or a new direction for US law actions against online gambling. Parchomchuk, of British Columbia, has hired a top lawyer to defend himself against US Attorney and Homeland Security …
Relative newcomer to the roll call of online gambling jurisdictions, Jersey in the Channel Isles, has approached the British government with a request that its licensees be admitted to the UK advertising white list, enabling them to market their services in the United Kingdom, reports the BBC. Island politicians are currently engaged with their British …
The Guardian newspaper reports that the long-running auction for the state-owned The Tote gambling company is over at last…and online and land gambling tycoon Fred Done of Betfred is the winner. The BBC has confirmed the newspaper’s reports that the UK Sports and Culture Secretary, Jeremy Hunt, is to make an official statement Friday awarding …
Samantha Grindrod, a 27-year-old finance manager for a firm in Bolton, UK, has been jailed for 16 months for misappropriating company funds which were subsequently spent on internet gambling and alcohol, the Manchester Evening News reports. Grindrod pleaded guilty to diverting some GBP 117 000 from the account of GB Car Loans where she worked …
The Spanish lottery giant Sociedad Estatal de Loterias y Apuestas del Estado SA is eyeing the online market following new Spanish laws on gambling, and wants to play a role in the international consolidation of the gaming industry in the coming years, its chairman said Wednesday. “It’s clear that size is important in gaming,” Aurelio …
Macau’s gaming revenues show no sign of slowing down according to data released by the Macau Gaming Inspection and Coordination Bureau despite the Government’s attempts at encouraging a measured pace of growth. The former Portuguese enclave’s gaming revenues for the month of May 2011 were 24.31 billion patacas ($3 billion) representing a record growth of …
Genera Networks has signed a contract with Norsk Tipping of Norway as a preferred Game Provider for Multix, the Interactive Video Terminal (IVT) platform. Following a public procurement process, Genera Networks will provide Norsk Tipping with high-performance games proven online and optimised for the Norwegian wide area market. The contract will run for three years, …
Antilles Netherlands licenced online sportsbook All You Bet.com has augmented its offering with mini-game slots accessible from its “live betting zone”. Mini-live dealer and roulette have been added via its Microgaming-powered online site. An AllYouBet.com spokesperson commented: “Even the most hardcore sports bettors tend to have a soft spot for miniature casino games, which are …
Spain’s gambling act, approved by the Congress of Deputies last month, was promulgated in the official Government Gazette on 28 May 2011 reports trade association AEDAPI. The association reports “… the text lays the groundwork for the creation of a tax rate for gambling houses (25% over revenues for the most part), a licensing system …
UK-based white label provider, Plus-Five Gaming announced the completion of a deal with Viaden Gaming, this week. The deal will see Viaden Gaming’s casino, slots and mobile games added to Plus-Five’s network of fifteen white label partners. The Plus-Five Gaming network offers bingo, poker, sports betting and live dealer games from Aberrant Software, AliQuantum Gaming, …
London-based online gaming operator, Gaming Media Group (GMG) has acquired independent Danish poker operator Mermaid Gaming. Under the terms of the deal, GMG has acquired 100 percent of Mermaid Gaming in exchange for a 15 percent shareholding in GMG’s online gaming operation, Gaming Media Marketing Ltd. Mermaid Gaming has been valued at GBP1.5 million. The …
A financial and banking exec has been named as the new CEO of Swedish gambling monopoly Svenska Spel, and will take up his responsibilities within the next few months, replacing temporary chief Anders Hagg, the company’s CFO who has been keeping the seat warm. Lennart Kall has built a career in banking and finance and …
On a day in which Athens prosecutors launched fraud charges against managers alleged to be involved in a scam with OPAP, the Greek gaming company Intralot announced a weak set of first quarter 2011 results. Although consolidated revenues increased by 32 percent compared to Q1-2010, reaching Euro 300.9 million, and EBITDA grew by 14.6 percent …
Driven into bankruptcy by its creditors, the Czech national lottery Sazka is now in the hands of bankruptcy administrator Josef Cupka, and a bid has already been offered. The Fortuna Entertainment Group announced Tuesday that it has submitted its official offer to take over Sazka’s lottery business at between CZK 2 billion and CZK 2.5 …
The Greek newspaper Ekathimerini reports that a major scandal involving the state gambling monopoly OPAP is brewing following fraud charges laid Monday by an Athens prosecutor. The charges have been laid against the owner of the Intracom telecommunications systems and technology group, Sokratis Kokkalis, and another four members of the company’s subsidiary Intralot and state …
NetPlay TV, the UK interactive television gambling company, announced its preliminary results for the year ended 31 December 2010 this week. The company showed an increase in revenue from recurring activities of 7.1 percent to GBP19.8 million (2009: GBP18.5 million) but an EBITDA loss of GBP2.78 million (2009: GBP1.32 million). Casino revenue rose 21.8 percent …
The Microgaming-powered King Cashalot progressive jackpot has paid out a huge GBP1.5 million to one lucky Ladbrokes player this week, according to a company announcement which gave little information on the lucky player or his or her plans for the cash bonanza. King Cashalot is one of 37 progressive jackpots, all of which are part …
Online gambling group Betfair’s management woes continued this week with reports that Matt Carter, a ten year veteran in the company responsible for technical architecture and advanced technology, is leaving. Carter’s next career move is not at present known. The Guardian newspaper reported that Carter has become the latest influential employee to quit, following the …
Two men have been indicted by an Oklahoma grand jury for running an online sports betting website over the past two years. David Roy Tune (61) faces allegations on thirty counts that include illegal gambling and racketeering on which he could be punished by 10 years jail-time. Prosecutors claim that the online gambling website launched …
Gibraltar-based bwin.party digital entertainment has issued its first annual report combining the results of consortium members Party Gaming and bwin and revealing some interesting statistics. Key performance indicators for the full year 2010 period: Sportsbetting – (Key Brand: bwin) – 2010 net gaming revenue Euro 258.6 million – Amount wagered in 2010 Euro 3.9 billion …
A new independent Montreal-based venture SAVA Transmedia aims to enter the social and mobile gaming development market. SAVA Transmedia, headed up by Alain Tascan, co-founder of Ubisoft Montréal and founder of EA Montréal, will specialise in the development of social games for new and fast-growing platforms, including Facebook, iOS, Android and Windows Mobile. A company …
Almost a year ago, the RealTime Gaming-powered online casino Freespin.com closed its virtual doors after informing players: “It is with great regret and a heavy heart that we announce that FreeSpin.com casino will be closing on June 30, 2010. “If you currently have a balance with the casino, please either play out your balance or …