Gambling news - page 256

Cherry AB receives $1 billion takeover offer

18 Dec 2018

Cherry AB’s Independent Bid Committee (IBC) said in an industry update Tuesday that it recommends shareholders accept a public offer from the European Entertainment Intressenter Bid Co AB of SEK87 per series A and B share which based on all shares of series A and B in Cherry, corresponds to approximately SEK 9,193 million ($1,016,965,512 or GBP 802,273,110).  The …

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Betway launches ‘The Hunch’ in debut campaign with Saatchi & Saatchi

18 Dec 2018

Online gambling group Betway has announced the first fruit of its marketing collaboration signed in August this year with Saatchi & Saatchi – a new campaign based on the notion of ‘having a Hunch’ in life…the feeling that all sports fans experience at one time or another, prompting them to stick by their hunch despite …

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Kindred Group signs with major U.S. payment processor Mazooma

18 Dec 2018

US verified bank payments in online sports betting and igaming speciialist Mazooma announced Monday that it has been selected by the Kindred online gambling group as its ACH technology partner for Kindred Group’s U.S. launch and ongoing operations. Jamie MacKay, CEO, Mazooma said in a company statement that his company was proud to be selected …

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DraftKings launches New Jersey online casino

18 Dec 2018

Enhancing its dominant position in New Jersey sports betting, DraftKings launched an online casino in the state on Monday, branded DraftKings Casino and integrated with the sportsbook via the app. The app is currently available in Android format, with the introduction of an iOS version imminent. At opening only online blackjack was available, but plans …

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Indian law minister confirms interpretation of Law Commission’s stance on gambling

18 Dec 2018

Answering a question in the upper house of parliament this week, India’s Union Minister of Law and Justice, Ravi Shankar Prasad, confirmed that the recommendation of the Law Commission of India earlier this year was for a complete ban on gambling. Our readers will recall that the interpretation of the recommendation became confused when many …

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Another four licensees named in Swedish market

17 Dec 2018

Sweden’s gambling authority Lotteriinspektionen has awarded an additional four online gambling licenses to Bayton Ltd, Dumarca Gaming, Enlabs AB and Jackpotjoy Group marking a total of 31 licensees preparing for the opening of the newly regulated market on January 1, 2018. Bayton Ltd’s online casino license covers its Spin Casino, JackpotCity and Ruby Fortune brands, and Dumarca Gaming, verajohn.se, and intercasino.se brands. Enlabs AB is …

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GAN completes fourteenth U.S. simulated gaming launch

17 Dec 2018

B2B gaming software-as-a-service-solutions provider GAN has completed its fourteenth US simulated gaming launch for Pearl River Resort in Choctaw Mississippi. Under the terms, Pearl River Resorts simulated gaming has launched at freeplay.pearlriverresort.com with the operator also licensing GAN’s US Patent addressing loyalty awards linking. Dermot Smurfit, CEO of GAN: “This represents a brand new, strategic market for GAN, and we …

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Norwegian court rules against GiG

17 Dec 2018

Gaming Innovation Group (GiG) will mull its options in terms of an appeal against a recent Norwegian Court ruling that determined the company had entered into an alleged oral agreement with Euro TV AS for the transfer of Euro 3.4 million shares or alternatively remuneration of NOK4,000,000 plus interest during April 2015. GiG denies the oral agreement saying …

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PlayAGS agrees acquisition of Integrity Gaming

17 Dec 2018

Gaming supplier PlayAGS, Inc. announced reaching a definitive agreement to acquire all issued and outstanding common shares of Integrity Gaming Corp., for a cash payment of CA$0.46 per share or a total transaction value of US$49 million, which includes repaying US$36 million of Integrity’s outstanding debt. The transaction is expected to close in the first half of …

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Codere clinches NBA sponsorship deal

17 Dec 2018

Gaming operator Codere has been named first-ever official gaming partner of the US National Basketball Association (NBA) in Mexico. The multi-year partnership will be promoted in retail locations across Mexico, on Codere’s assets and the NBA’s online platforms, including NBA.com, the NBA App and NBA Mexico social media platforms. “Our partnership with the NBA reinforces our values and leadership …

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Class suit takes on Canada’s ALC

17 Dec 2018

A lawsuit filed initially by two claimants Douglas Babcock and Fred Small in 2012 against the Atlantic Lottery Corporation (ALC) may have far reaching effects on the VLT sector across Canada. Certified a class suit in 2017 which may involve up to 30,000 players, the claim seeking damages equal to the “unlawful gain” by the Crown corporation through VLT’s …

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SBTech inks deals with Red Tiger Gaming and Sazka

17 Dec 2018

Sports betting and gaming technology supplier SBTech will boost its casino platform with the integration of Red Tiger Gaming content. SBTech operators will gain access to Red Tiger’s full portfolio of slots and table games. The Red Tiger Gaming portfolio includes Smart Spins, a suite of creative marketing and bonusing tools. Richard Carter, CEO, SBTech, said: “Red Tiger games are …

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UK whistle to whistle ban has public support

17 Dec 2018

The new Whistle-to-Whistle ban during live sports broadcasts before the 9pm watershed agreed by UK betting firms has received majority support from the public in a snap YouGov survey. 78 percent of respondents support the ban, while 6 percent oppose it.  16 percent fell into the “don’t know” category. The Industry Group for Responsible Gambling  (IGRG) confirmed the adoption of …

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Kindred Group to take on Norwegian Apple App Store ban

17 Dec 2018

Kindred Group has reportedly filed legal papers against the Norwegian gambling regulator, Lotteri- og stiftelsestilsynet for its part in having payment transfers blocked and its iOS app denied by the Apple App Store. Kindred Group’s Trannel International Ltd subsidiary has filed the complaint, represented by top Norwegian legal firm Glittertind AS. Kindred Group alleges its services have been unfairly targeted by Lotteri- …

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Betlion launch in Kenya

17 Dec 2018

Victor Chandler sportsbetting brand BetLion has expanded its operations to Kenya. BetLion, who initially launched operations in Uganda, will compete against the likes of Sportpesa and Betway in the Kenyan market with an offer for live, pre-match and virtual sports betting across web, android app, and SMS platforms.

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MGA publishes gaming industry performance report

17 Dec 2018

The Malta Gaming Authority (MGA) published its interim performance report Monday covering the January to June 2018 period. Performance stats for the remote gaming industry identified during the reporting period include: A total of 121 remote gaming license applications, with 62 awarded, an increase of 18.5 percent. The termination of nine licenses on operator request, while five …

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Scientific Games executive promotions

17 Dec 2018

Scientific Games issued a statement Monday detailing three significant executive level promotions to solidify the company’s leadership team going into 2019. Jim Kennedy, currently Executive Vice President and Group Chief Executive, Lottery, will become Chairman, Lottery. Patrick McHugh, who currently serves as Senior Vice President Global Lottery Systems, has been appointed the Lottery’s new Executive Vice …

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UBET brand abandoned on Monday

16 Dec 2018

The merged Tatts-Tabcorp gambling giant in Australia has revealed that it will be ditching the UBET retail and online gambling brand Monday in favour of the new TAB identity. Rebranding to TAB will impact websites and 1,300 UBET retail outlets in Queensland, South Australia, Tasmania and the Northern Territory, where Tatts held exclusive retail betting …

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Thai police move on streaming sites

16 Dec 2018

The police in Bangkok have reported that Department of Special Investigation officials have shut down several major websites that illegally streamed movies and football matches with links to online gambling and pornography. The Bangkok Post quotes police reports that over 120 officers were involved in the operation, which targeted 19 locations around the city and …

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Daily fantasy sports technology provider eyes Asian market

14 Dec 2018

Stockholm-based daily fantasy sports technology provider Scout Gaming, which recently raised SEK 42 million in the financial markets to further its US ambitions, has announced a new deal that will enable it to penetrate further into Asia as well. The company has signed a multi-year global liquidity deal with Dafabet that will see its technology …

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William Hill to challenge Dutch regulator’s hefty fine

14 Dec 2018

William Hill plc has confirmed that it intends to launch an appeal against the Euro 300,000 fine imposed on it earlier this year by Dutch regulator KSA for offering online games of chance to Dutch consumers on a website with Dutch translation facilities and using the Dutch bank account-linked iDEAL online payment solution. Online gambling …

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Wazdan games now live on Islands Lotto

14 Dec 2018

Online slots developer Wazdan has gone live with Islands Lotto, an independently run online lottery operator offering a wide range of instant win games and slots, licensed by the Jersey Gambling Commission. Brand-owner Twelve40 has continued to enhance its platform with a series of significant integrations, adding Wazdan’s online casino content to its portfolio. Back …

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NetEnt and Bethard in virtual live casino partnership

14 Dec 2018

In the casino, Next Level Live, players can move between three external environments (underwater, volcano and space), depending on the action on the two blackjack and one roulette tables. There is also a special sports roulette table which shows players a feed of live football results. NetEnt’s exclusive virtual casinos are collaborative productions with partner …

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Kentucky AG suggests sports betting solution to the state’s massive pension fund deficit

14 Dec 2018

Faced with a massive state pension fund deficit, Kentucky Attorney General Andrew Beshear has recommended to state lawmakers that they carefully consider a controlled expansion of gambling within state borders. Financial experts have predicted that the state will need between $39 billion and $70 billion over the coming 30 years to pay the pensions of …

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