Blackstone Capital-owned Spanish gambling group Cirsa has posted a Q2-2018 trading update reporting 3.2 percent y-o-y revenue growth despite incurring a Euro 3 million loss in LatAm currency fluctuations over the reporting period. Highlights of the report include: * 3.2 percent y-o-y increase in revenue to Euro 358 million; * Adjusted EBITDA up 3.8 percent …
Macau’s Gaming Inspection and Coordination Bureau released revenue performance figures for the Asian gambling hub Monday, revealing that revenues rose 2.8 percent year-on-year to 22 billion patacas ($2.73 billion). The percentage growth was slightly below analyst predictions of 3 to 10 percent, but marked the twenty-sixth consecutive monthly gain in the former Portuguese colony, after …
Macau’s Gaming Inspection and Coordination Bureau released revenue performance figures for the Asian gambling hub Monday, revealing that revenues rose 2.8 percent year-on-year to 22 billion patacas ($2.73 billion). The percentage growth was slightly below analyst predictions of 3 to 10 percent, but marked the twenty-sixth consecutive monthly gain in the former Portuguese colony, after …
The Manila Bulletin reported over the weekend that the Philippinnes regulator Philippine Amusement and Gaming Corp. (Pagcor) has conducted raids on over 170 online gaming firms it claims were operating without licenses during a crackdown against illegal operators. In a statement, Andrea D. Domingo, Pagcor chairperson said the 170 companies have been found in violation …
Its back to the jungle and ancient Aztec temples in the latest themed slot from Thunderkick, a a 5-reel, 20-payline game titled Jaguar Temple. Online punters can win up to 2,045x bet on a single spin, so there is potential for major reward in the HTML5 based game, which has features that include wilds and …
Several progressive jackpot tracking websites reported over the weekend that a stunningly fortunate online punter has cracked the Microgaming Mega Moolah jackpot for Euro 18,910,668.01 at the Grand Mondial online casino. Microgaming has not confirmed the big hit yet, and an official announcement has yet to be made by the online casino. Once confirmed, the …
In an interview with South African newspaper Saturday Star this week, the chief executive of the Casino Association of SA (Casa), Themba Ngobese, again railed against the growing incidence of illegal online gambling in South Africa, and the lack of law enforcement activity to bring it under proper control. Online gambling is specifically illegal under …
Indian financial media reports over the weekend indicate that online card games are showing remarkable revenue growth rates of between 50 to 100 percent y-o-y, with analysts predicting that Rs 11,880 crore (1 crore = 10 million) is achievable by 2023. In recent times, online gaming, particularly card games, has seen traction in the country …
Los Angeles headquartered online gambling technology provider WPFH announced over the weekend that it has secured a contract to design, build and oversee the development of a master data center for all of the online gaming/casinos of the Castilblanco Luxury Casino & Resort Project in Spain. This will include the creation and maintenance of data …
The announcement by Romanian regulator Oficiul National Pentru Jocuri de Noroc (ONJN) this week that it has suspended the licensing of online gambling operators Sea-Bet Ltd and fixed odds betting firm Bet Club System SRL – both members of the same corporate group – has triggered speculation in the absence of official explanation. Malta-based Sea-Bet …
August 2018 stats from the Nevada Gaming Control Board released Friday showed that the state’s gambling operators suffered their second consecutive month of decline as revenues fell 7.7 percent y-o-y. The decline was worse than the 0.16 percent fall experienced in July 2018. The Strip saw revenues fall a worrying 12.4 percent y-o-y, significantly worse …
Online gambling games developer Ganapati has released its much-publicised new slot Wild Sumo which as the title suggests has a theme based on the ancient Japanese art of sumo wrestling. The three reel, 10 pay-line game has an interesting random 5x multiplier that kicks in as part of a Sumo training feature. During the base …
Operators taking their chances by offering unlicensed gambling services to Dutch punters can expect to see an emboldened and assertive regulator in coming months following a decision this week by the Dutch Council of State – the nation’s highest court – that Kansspelautoriteit has the right to impose hefty fines on gambling sites it decides …
Speculation earlier this week in the Racing Post that Remote Gambling Association chief executive Clive Hawkswood had decided to step down was confirmed Friday by the veteran online gambling trade association executive, who revealed that he plans to depart early next year after 14 years at the helm. He will assist the organisation in its …
Online gambling B2B technology provider GameAccount Network (GAN) posted its six-month performance numbers for the first half of 2018 Friday, reporting that despite promising future developments in the United States lying ahead, it had experienced widening losses after tax at GBP 2.9 million. Nevertheless, the board noted that the company had performed “in line with …
Online casino games producer Spinmatic has signed a deal to provide its portfolio of games to aggregator and platform provider WeAreCasino. Recent release Holly Molly Hole will be included in the partnership, as will Baby Blue, Calico Jack, Fruit Cube and the full suite of best-performing Spinmatic slots, according to a company statement issued Friday.. …
Australian specialist slot developer Lightning Box has announced its relocation to new offices after doubling its staff in the last 18 months. The new offices occupy 120 square metres of prime waterfront in Sydney’s iconic Darling Harbour. Managing director Peter Causley said the growing team was enjoying its new surroundings as it developed innovative slots …
One of the most respected and sensible influencers on the Massachusetts gambling front, Massachusetts Gambling Commission chairman Stephen Crosby stepped down in a surprise resignation Wednesday, citing accusations of historical bias and prejudging the outcome of the ongoing Wynn Resorts suitability investigation. In a letter to fellow commissioners Crosby explained: “With a profound sense of …
Thursday’s House of Representatives’ Judiciary Committee’s Subcommittee on Crime, Terrorism, Homeland Security, and Investigations hearing on whether the US federal government should be involved in the emerging liberalised sports betting market took just 90 minutes to conclude, with anti-gambling spokespersons generally outnumbering the more rational presentations. Much of the debate centred on whether regulation of …
European online gambling giant 888 Holdings announced Thursday that it has launched its 888Sports website in New Jersey, for the first time offering its sports gambling services to punters present within the state’s borders. The move is part of a major US-focussed push by 888 to strengthen its already prominent position in the United States, …
E-Sports games publisher EA Sports has teamed with the German Football League (DFL) on a project to launch an eSports tournament for clubs in both the Bundesliga and Bundesliga 2. The eSports tournament is likely to have teams from the two Liga tiers playing the latest FIFA with the support of the game publisher. Christian …
1X2 Network has added more diversity to its burgeoning 3PI game aggregation platform after agreeing a deal to integrate sports betting and casino hybrid and table games from developer SpiffX. SpiffX, which has announced an intention to change its branding to Spiffbet is a game provider developing online games for casino and betting under the …
The newly launched Loterias Online in Brazil reports that initial interest among players has been high, with 341,000 player registrations and turnover of US$4.45 million. Management reports that the website has recorded over 3.5 million visits, and that total average purchase during the first month was US$147,500 per day at an average ticket of US$12.3. …
Online gambling games and software developer NetEnt issued an advisory Thursday revealing that its games are now live on the regulated market in Canada Following completed technical integration, a range of NetEnt’s popular games is now live with British Columbia Lottery Corporation (BCLC) through an agreement with IGT, the company said. This marks the first …