Germany’s Hessen Fiscal Court has ruled against Paddy Power Betfair plc’s (PPB) appeal of a 2012 German tax assessment relating to the Betfair Exchange, which operated in Germany until November 2012. The Fiscal Court deemed that a tax liability of approximately Euro 40 million (GBP 36 million) along with accrued interest is payable. The second case involves a retroactive …
IGT has announced the appointment of Bob Vincent as Chairperson of IGT Global Solutions Corporation; Wendy Montgomery as Senior Vice President of Global Brand, Marketing, and Communications; and Scott Gunn as Senior Vice President of Corporate Public Affairs. Bob Vincent will serve as a senior consultant to IGT Chief Executive Officer Marco Sala and the rest of IGT’s senior leadership team. He has a …
The UK Advertising Standards Authority has published new standards to protect children and young people from exposure to gambling advertising effective April 1, 2019. The new standards: Prohibit online ads for gambling products being targeted at groups of individuals who are likely to be under 18 based on data about their online interests and browsing behaviour; Extensively …
Kindred Group showcased a solid performance for the full year 2018 period and an all-time-high performance in Gross winnings revenue during the fourth quarter 2018. Key performance indicators for the 12 month period ending December 31, 2018, include: Gross winnings revenue amounted to GBP 907.6 million (2017: GBP 751.4 million) for the full year 2018. Underlying …
Playtech BGT Sports has agreed a long-term omni-channel sportsbook extension with Codere for Spain and Latin America. The new contract, which will run until late 2022, covers its retail presence and online facilities in Spain, Mexico, Panama, and Colombia. It includes over 9,000 betting terminals and retail tills, with numbers expected to grow in the coming months. Playtech …
Cherry AB’s latest annual report for full year 2018 details a substantial increase in consolidated revenue, profit and EBITDA. Key performance highlights for the 12 months ending December 31, 2018 include: Consolidated revenue increased by 44 percent to SEK 3,236 million (2017: SEK 2,252 million), of which organic growth amounted to 3 percent. Corporate acquisitions contributed …
Italy’s Agenzia delle dogane e dei monopoli (ADM) has finally published a list of licensees whose concessions are valid until December 31, 2022. Sixty-six concessions have been awarded and another four – Scommentendo SRL, Sogno Di Tolosa, Spati SRL and Universal Solutions SRL – with limitations attached. The number falls below the regulator’s anticipated surge of interest and a concession cap …
The Malta Gaming Authority (MGA) has suspended gaming licence MGA/B2C/247/2013 belonging to Betixx Limited effective February 12, 2019. Betixx and the websites it operates are no longer authorised to continue conducting gaming by means of distance communications under an Authority licence, the MGA said. “No further information shall be released at this stage in order not to compromise any investigations that …
The Dutch Remote Gaming Bill, after years of languishing in the Senate, has been scheduled for a vote on Tuesday, February 19 2019 following the conclusion of the Senate’s second day of deliberations. According to local news reports, the Casino Reform Bill, also under deliberation, has been withdrawn for the time being because of a lack of …
Former VE Global executive Morten Tonnesen is reportedly wooing investors for the further development and expansion of a new iGaming platform dubbed BetWarrior. Tonnesen is looking to raise an eyebrow-raising GBP 77 million acquisition war chest, the Belfast Telegraph reports which it is thought will be used for acquisitions of technology providers, sports news companies and smaller operators. According to …
PokerStars Casino has launched its in-house developed real-money slot game ‘Victory Tribes’, hailed as an industry first for its multiple community features. The tribal-themed slot allows players to customise their game by selecting their “tribe” and taking on opponents in the bonus game, “Tournament Battles”. Five times every hour, up to 50 players will battle each …
Quickspin has launched its much anticipated ‘Ticket to the Stars’, a vintage space adventure-themed slot and their second game of the year. Every point of light in the night sky is a potential vacation destination filled with relaxation, romance and wealth in Ticket to the Stars. This vintage-Americana-design slot offers an Unlimited Multiplier +2 Spins in …
Slots producer Wazdan has agreed a deal with Oryx Gaming for the integration of its content across Oryx’ proprietary iGaming platform. Wazdan joins other third party providers including Gamomat, Kalamba Games, Golden Hero and Givme Games, along with several other integrations including Quickfire, Greentube, Netent, Play’n GO, NYX, EGT, Evolution, Realistic, Kiron, Amatic and Isoftbet. Wazdan content is expected …
The Malta Gaming Authority (MGA) has suspended Morpheus Games’ gaming license MGA/B2C/383/2017 as of 31 January, 2019. The company, along with associated operations, has been directed to indefinitely suspend all gaming operations, cease to register new players or accept any deposits on the Licence. The MGA declined to disclose the reasons for the suspension saying “no further information shall …
SoftGamings has agreed a content supply deal with Relax Gaming in which its stable of operator partners will gain access to Relax Gaming’s portfolio of in-house and Silver Bullet partner content. Relax Gaming video slots, including Erik the Red and The Great Pigsby, will be made available via SoftGamings’ platform, as will products from Relax’s Silver Bullet partners, including Dice Lab, …
LeoVegas Group CEO, Gustaf Hagman, has described 2018 as the most challenging the company has every encountered in its fourth quarter 2018 report, despite a welcome boost in December which delivered an all-time-high in revenue following three sequential quarters of slow growth. Key performance indicators for the three month period ending December 31, 2018 include: Revenue increased …
NetEnt delivered a solid full year 2018 performance reporting a revenue rise to SEK 1,782 million and EBITDA of SEK 816 million. Key performance highlights: Revenues for the full year amounted to SEK 1,782 million (2017: SEK 1,636 million) EBITDA was SEK 816 million (2017: SEK 740 million), a margin of 45.8 percent (2017: 45.2 percent). …
The Office of the Vermont Attorney General published a customer notification from Scientific Games’ Don Best subsidiary last week informing of a Consumer Data Breach that took place in October 2018. The customer letter details “the unauthorized disclosure of some of your personal information,” and expresses the company’s deep regret of the incident. The malware attack which occurred from 12 …
Gaming supplier PlayAGS has completed its acquisition of Integrity Gaming Corp bolstering its portfolio with the addition of a further 2,700 games. Our readers will recall AGS acquired all issued and outstanding common shares of Integrity Gaming Corp. for a cash payment valued at $49 million, which included repaying U.S. $35 million of Integrity’s outstanding debt. Integrity’s installed base …
Spanish slot developer MGA Games has expanded its presence through a distribution deal with Codere. Under the terms, MGA’s complete portfolio of slots and video bingo titles has been integrated to the Codere Apuestas platform. “We are enormously pleased with the agreement reached with CODERE, a great national and international company, and the fact that we can offer our games …
Swedish listed iGaming firm GoldBlue has reached agreement with Zustro for the integration of the ZustroPlay live casino product. Zustro develops and operates omni-channel live casino products for the South East Asian market offering four games Dragon Tiger, Baccarat, Roulette and Sic Bo. “Zustro sees our team-up with GoldBlue as a mutually beneficial relationship which …
Independent games studio D-Tech has partnered Leander Games with the release of its ‘Year of the Dog’ slot. Established in mid-2017, D-Tech specialises in Asian-themed games which are developed by its team of ten creatives situated in Hong Kong and China Harmen Brenninkmeijer, CEO of D-Tech: “We are very excited to sign this deal to …
Scout Gaming has entered Brazil for the first time following the signing of an agreement with startup brand Jogajà for the supply of its full product range. “We are continuing to build our global network and, with this deal, are entering South America. We notice how global interest in Fantasy Sports is gradually increasing,” Scout …
Gaming Innovation Group (GiG) has reported a 26 percent increase in full year 2018 revenues amounting to Euro 151.4 million (FY2017: Euro 120.4 million) and EBITDA of Euro 16.1 million, up 28 percent over 2017. A further decrease in the number of employees in Q4 2018 resulted in an 8 percent decrease in other operating …