Gambling news - page 315

High 5 Games launches When Pigs Fly slot

16 Aug 2018

High 5 Games has successfully launched its real-money When Pigs Fly slot for HTML5 consumption by all active partners. “When Pigs Fly is one-of-a-kind and has already proven itself as a top performer in the social casino space” said Nicholas Chin, senior director of business development at High 5. The game features stacked and expanding …

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Rank Group pre-tax FY profit plunges 40 percent

16 Aug 2018

The UK land and online gambling corporate Rank Group plc posted a dismal set of results Thursday, reporting that it plans to cut costs and boost revenue following a plunge of more than 40 percent in FY pre-tax profits. Traffic at the group’s bingo and casino assets dropped, and even the digital division saw lower …

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Resorts opens retail sports book in New Jersey

16 Aug 2018

Resorts Casino Hotel launched its land sportsbook in New Jersey Wednesday, revealing that it anticipates launching an online version next (September) month. The sportsbook is on temporary premises that were formerly the property’s iGaming Lounge pending the completion of a permanent home elsewhere on the Resorts premises at the end of 2018. Resorts has New …

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Pennsylvania Gaming Control Board passes temporary sports betting regulations

16 Aug 2018

Apparently ignoring the fact that there has not yet been a single application for the expensive Pennsylvania sports betting licences, the state Gaming Control Board on Wednesday voted to approve the temporary regulations currently standing. The Board decided what types of sports betting will be allowed and what will be prohibited, rules regarding the testing …

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Three casino operators approved for online gambling in Pennsylvania

16 Aug 2018

The Pennsylvania Gaming Control Board awarded Interactive Gaming Certificates to three casino license holders Wednesday. The approvals were the first made by the Board for Interactive Gaming in its plan to consider all nine petition requests by casino operators at its August, September and two October 2018 public meetings. The Board has yet to establish …

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Nielsen study defines typical U.S. sports punter

16 Aug 2018

The American Gaming Association has published the results of a Nielsen sports study into the typical sports betting demographic in the United States, revealing the following interest points: * 44 percent of sports punters are under age 35 years, prompting the AGA to predict that the vertical could attract millennials to live sports events and …

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Indiana takes a wait and see attitude on sports betting

16 Aug 2018

The US state of Indiana is taking a cautious approach to the newly liberalised sports betting sector in the United States, with the regulator hiring respected consultants Eilers & Krejcik Gaming LLC to carry out a comprehensive study before any moves are made. Sara Tait, executive director of the Indiana Gaming Commission, consulted with the …

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Mexican media giant to offload International Bets subsidiary

16 Aug 2018

Mexican media corporate giant Grupo Televisa has reportedly again put its online and land gambling subsidiary International Bets on the sales block. The subsidiary comprises PlayCity Casino and PlayCity Apuestas, offering 17 land gaming venues along with online sports betting services powered by provider Kambi. The reports note that Grupo Televisa is looking for around …

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BetConstruct to provide live dealer action for Bally’s Sri Lanka

16 Aug 2018

In its latest deal designed to enable land-based casino operators to benefit from the lucrative online gambling vertical, live dealer technology and games provider BetConstruct has inked an agreement with Bally’s Sri Lanka that combines the thrill of the real gaming floor with the convenience of play-anywhere games on desktop, tablet and mobile. BetConstruct developed …

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FanDuel founders  launch civil action against Paddy Power Betfair

16 Aug 2018

Civil litigation filed in a Scottish court this week reveals that former FanDuel CEO Nigel Eccles, along with three other founders of the company – Lesley Eccles, Tom Griffiths and Rob Jones – are unhappy with the manner in which they claim Paddy Power Betfair directors “purposely undervalued” FanDuel in the recent $465 million acquisition …

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Pennsylvania regulator set to discuss sports betting regulations

16 Aug 2018

Industry observers are expecting new developments in Pennsylvanian sports betting to flow from a scheduled meeting of the Pennsylvania Gaming Control Board Wednesday at which board members are to discuss and possibly vote in new regulations based on state legislation that was approved with contingencies 10 months ago (see previous reports) The legislation (HB271) has …

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Pokerstars Play launches live social casino games

16 Aug 2018

PokerStars Play has become the first social gaming mobile app to launch live poker and casino with the addition of two live play money games, War of Bets and Bet on Poker. The play-money games, provided to PokerStars Play by developer BetGames.TV, are claimed to be unique in the social poker and casino landscape and …

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Launch of Yggdrasil’s Hanzo Dojo imminent

16 Aug 2018

Launching August 23 is the latest online game from Yggdrasil Gaming , a 5 reel, 25 pay-line slot with a theme based on the mythical ultimate training ground for Japanese super-fighters, titled Hanzo Dojo. The  top quality graphics feature a range of symbols that include the dojo’s pupils samurai, ninja, sumo and fan fighters,  and …

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Yggdrasil to supply games to Genting

15 Aug 2018

Online gambling games and software provider Yggdrasil Gaming announced Wednesday that it has signed a deal with the major gambling group Genting to provide its suite online games. Genting UK, part of the international Genting group of companies, will offer its online players Yggdrasil’s full games catalogue, including the successful Vikings series. In addition to …

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Pokerstars announces new Galactic Series

15 Aug 2018

In a move to provide tournament action for players in the shared liquidity pool comprising France, Spain and Portugal, PokerStars has announced that it is to invest Euro 15 million in guarantees for its new Galactic Series. French, Italian and Portuguese players were denied access to top tournaments like WCOOP for legal reasons, and the …

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EveryMatrix opens new office building in Malta

15 Aug 2018

Online gambling games and platform provider EveryMatrix’s commercial team, led by Ian Freeman, has moved into new offices in Malta along with the company’s compliance and legal staff. “The new Malta office opening was a natural step in our business growth strategy,” said EveryMatrix CEO Ebbe Groes in a statement Tuesday. “Over the last years, …

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Japanese lottery struggling

15 Aug 2018

The younger player demographic has shown little interest in traditional lottery betting, and Takarakuji lottery officials in Japan believe this is the root cause for the continued decline of the lottery, which in FY 2017 saw sales decline 6.9 percent to the yen equivalent of US$ 7.1 billion. The downward trajectory in 2017 was a …

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New Jersey online gambling sets new records in July

15 Aug 2018

New Jersey’s online gambling sector continued on its upward curve in July 2018, with a new record for revenues set at $25.9 million… a good $300,000 improvement on the previous record set in March this year (see previous report). On a year-on-year basis, July’s revenues exceeded those of a year earlier by $5.3 million, according …

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Mybet headed for insolvency?

15 Aug 2018

Struggling gambling group Mybet Holdings is reportedly headed for insolvency following the failure of its latest discussions with a potential investor, according to business media reports. The company’s directors issued a statement Tuesday confirming that an application for insolvency is being prepared for submission to a local court later this week, and explained that the …

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Draftkings eyes West Coast sports betting markets

14 Aug 2018

Former DFS but increasingly sports betting focused DraftKings has revealed that it has opened a 10-person, predominantly marketing office in San Francisco and has plans for a similar presence in Las Vegas. Explaining the Boston-headquartered company’s growing focus on the US West Coast, DraftKings chief revenue officer Matt Kalish said: “Presence in these international hubs …

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Jackpot Joy and Vera John online gambling parent reports H1 results

14 Aug 2018

The JPJ online gambling group, which operates the Jackpot Joy and Vera and John enterprises, has posted its H1-2018 results, highlighting: * Revenue up 10 percent y-o-y at GBP 161.1 million; * Adjusted net income up 7 percent at GBP 45.5 million; * Adjusted EBITDA  down by 4 percent at GBP 56.9 million after investment …

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Betway to sponsor eSports team

14 Aug 2018

Online bookmaker Betway has signed a sponsorship deal with top eSports team Invictus Gaming for the upcoming Dota 2 professional season, including this month’s The International 2018. The deal marks Betway’s first venture into Dota 2 eSports after previously announcing sponsorship of the upcoming CS:GO Major in September (see previous report). Betway will have exclusive …

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New CEO for Global Gaming

14 Aug 2018

The Global Gaming board of directors has officially appointed Joacim Möller as CEO and Group CEO of Global Gaming with immediate effect. Möller previously held the position of chief people & organisation officer and COO of Global Gaming since January 2017 and has been acting CEO since May 2018. He has over 20 years’ experience …

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NetEnt games live at Atlantic City casino resort online operation

14 Aug 2018

Online gambling games and software provider NetEnt announced Tuesday that its games are now live with Ocean Resort’s online operation in Atlantic City, New Jersey. NetEnt has gone live with a broad selection of video slots. In the coming months the whole portfolio of online casino games from the Swedish provider will be available to …

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