Gambling news - page 303

Vietnamese police detain online gambling mastermind

1 Oct 2018

Vietnamese police have announced the arrest Sunday of Chinese-Vietnamese citizen Lam The Tai (48) who they allege is the mastermind behind a now disabled US$26.7 million illegal online football betting syndicate that operated in the central province of Thanh Hoa. Tai was arrested along with four other unnamed accomplices amid charges that he regularly organised …

Read now

Armenia tightens gambling regulations

1 Oct 2018

The Armenian government has moved on tightening up gambling regulations following weeks of industry speculation that moves were afoot. The new regulations mainly impact marketing and advertising, restricting the latter to licensed and regulated operators in the country, and requiring that all advertising and promotion be targeted on citizens no younger than 21 years of …

Read now

Armenia tightens gambling regulations

1 Oct 2018

The Armenian government has moved on tightening up gambling regulations following weeks of industry speculation that moves were afoot. The new regulations mainly impact marketing and advertising, restricting the latter to licensed and regulated operators in the country, and requiring that all advertising and promotion be targeted on citizens no younger than 21 years of …

Read now

Online casino and EFL club join to support Responsible Gambling Week

1 Oct 2018

Middlesbrough FC and principal partner the 32Red online casino are teaming up to support Responsible Gambling Week in the UK next month. The football club became the first in the EFL to publicly sign up to Responsible Gambling Week and 32Red is keen to show its support in delivering the message, according to a club …

Read now

Online casino and EFL club join to support Responsible Gambling Week

1 Oct 2018

Middlesbrough FC and principal partner the 32Red online casino are teaming up to support Responsible Gambling Week in the UK next month. The football club became the first in the EFL to publicly sign up to Responsible Gambling Week and 32Red is keen to show its support in delivering the message, according to a club …

Read now

Slotland launches new slot to celebrate twentieth anniversary

1 Oct 2018

Online casino operator Slotland is celebrating its twentieth birthday this year with the launch of a new proprietary developed slot titled Birthday Bash. There’s no mistaking the party theme in this desktop slot, which sports greeting cards, party hats, balloons, candy, flowers and cake on its reels. Players can hold up to four symbols for …

Read now

Pragmatic play pens flagship Pokerstars Casino deal

1 Oct 2018

Online gambling games developer Pragmatic Play announced Monday that it has signed a content provision agreement with PokerStars Casino. The partnership will give PokerStars Casino’s players access to all of Pragmatic Play’s portfolio, such as recent releases like Da Vinci’s Treasure, Peking Luck and Madame Destiny, as well as popular classics like Wolf Gold. Yossi …

Read now

Pragmatic play pens flagship Pokerstars Casino deal

1 Oct 2018

Online gambling games developer Pragmatic Play announced Monday that it has signed a content provision agreement with PokerStars Casino. The partnership will give PokerStars Casino’s players access to all of Pragmatic Play’s portfolio, such as recent releases like Da Vinci’s Treasure, Peking Luck and Madame Destiny, as well as popular classics like Wolf Gold. Yossi …

Read now

Betfred beefs up compliance training

1 Oct 2018

Online and retail bookmaker Betfred is taking the increasing focus on regulatory compliance in the gambling industry seriously, announcing this week that it is to beef up staff and training programs, and has hired the Isle of Man based SMP eGaming consultancy to  implement its Compliance Academy. SMG specialises in multi-jurisdictional compliance, AML frameworks and …

Read now

Betfred beefs up compliance training

1 Oct 2018

Online and retail bookmaker Betfred is taking the increasing focus on regulatory compliance in the gambling industry seriously, announcing this week that it is to beef up staff and training programs, and has hired the Isle of Man based SMP eGaming consultancy to  implement its Compliance Academy. SMG specialises in multi-jurisdictional compliance, AML frameworks and …

Read now

Cirsa issues trading update

1 Oct 2018

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 …

Read now

Cirsa issues trading update

1 Oct 2018

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 …

Read now

Macau gambling revenue remains on growth path in September 2018

1 Oct 2018

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 …

Read now

Macau gambling revenue remains on growth path in September 2018

1 Oct 2018

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 …

Read now

PAGCOR cracks down on unlicensed online casino operators

30 Sep 2018

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 …

Read now

Back to the Aztec jungle for thunderkick’s latest slot

30 Sep 2018

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 …

Read now

Unconfirmed report that record jackpot has been hit on Microgaming’s Mega Moolah

30 Sep 2018

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 …

Read now

South african land casino chief rails against growing threat of online gambling

30 Sep 2018

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 …

Read now

Strong growth in online card games in India

30 Sep 2018

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 …

Read now

Major Spanish deal for U.S. technology provider

30 Sep 2018

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 …

Read now

Why has Romania suspended two online gambling licenses?

29 Sep 2018

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 …

Read now

Another disappointing month for Nevada gambling operators

29 Sep 2018

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 …

Read now

Wild Sumo slot debuts

29 Sep 2018

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 …

Read now

Top Dutch court backs gambling regulator

29 Sep 2018

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 …

Read now