Gambling news - page 323

Dafabet extends partnership with Celtic FC

3 Aug 2018

Champion Scots football club Celtic has announced that it has extended its current two-year partnership with online sports betting operator Dafabet, which will now run through 2025. Sponsorship experts have hailed the deal as football’s biggest ever front-of-shirt sponsorship agreement. Celtic chief executive Peter Lawwell said: “We are absolutely delighted to secure such a lucrative, …

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Second online and mobile betting licence imminent in New Jersey?

3 Aug 2018

Resorts Casino Hotel in New Jersey has announced its second online and mobile sports betting partnership in as many days, following up an earlier reveal of its association with DraftKings with the news that its partnership with The Stars Group is awaiting licence approval by the Division for Gaming Enforcement. “We believe The Stars Group …

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Bet365 goes big on Spanish football

3 Aug 2018

European sports betting behemoth bet365 has announced a total of 11 La Liga football club sponsorships in Spain for the coming 2018-19 season. On Wednesday the company named the teams it has partnered with as RCD Espanyol, Villarreal, Athletic Club, Real Betis, Getafe, SD Huesca, Celta Vigo, Rayo Vallecano, Real Valladolid and SD Éibar. Other …

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Microgaming looks to the future with time capsule

3 Aug 2018

Microgaming marked its Isle of Man HQ’s first anniversary with the burial of a time capsule this week, scheduled to be reopened thirty years on.. CEO John Coleman celebrated the milestone alongside staff at the software giant’s Isle of Man campus on Wednesday 1 August by placing a time capsule underneath the building’s entrance. To …

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William Hill makes provision for FOBT losses in latest H1-2018 report

3 Aug 2018

William Hill plc’s H1-2018 results posted this week highlight the severe impact that the UK government’s radical reduction in Fixed Odds Betting Terminal maximum deposits is expected to have on retail betting shops across the country. Hill had already warned that the new GBP 2 staking limit on FOBTs in shops would cut Retail’s gaming …

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Sugarhouse online casino in New Jersey awards its biggest jackpot yet

3 Aug 2018

Rush Street Interactive online casino subsidiary Playsugarhouse.com has awarded what it claims is the largest online jackpot yet on its Divine Fortune progressive jackpot slot, paying out $287,945  to a local woman resident who had bet just $2. The woman, who wishes to remain anonymous, revealed that she had been at work when she decided …

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Churchill Downs releases Q2-2018 results

3 Aug 2018

Churchill Downs Incorporated has posted its Q2-2018 results, highlighting the following metrics: * Net revenue of $379.4 million, 12 percent up on Q2-2017; * Net income of $103.1 million compared to $78.3 million in the prior year – up 32 percent; * Income from continuing operations, net of tax was $103.2 million for the second …

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Boyd Gaming and FanDuel form sports betting partnership

3 Aug 2018

Boyd Gaming Corporation and FanDuel Group – a subsidiary of Paddy Power Betfair plc, announced Thursday that they have formed a strategic alliance to pursue sports betting and online gaming opportunities across the United States. The partnership brings together two of the largest and most geographically diversified companies in the gaming entertainment industry, a joint …

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Zeal Group encouraged by H1-2018 results

2 Aug 2018

Online lottery group Zeal has posted a positive set of H1-2018 results, highlighting: * Revenue up 17 percent y-o-y at Euro 73 million; * Sales up marginally at Euro 141.9 million; * Marketing spend up 69 percent; * New players up at 293,000 (H1-2017 : 174,000; * On the negative side, the company withdrew from …

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Norwegian App Store drops gambling apps following regulator’s complaint

2 Aug 2018

Norway’s gambling regulator has become increasingly aggressive in commercially protecting the market, presently restricted in licensing terms to Norsk Tipping and Norsk Rikstoto. In its latest initiative the Norwegian Gaming Authority asked the App Store to remove apps used by Norwegians, saying that it was motivated by concerns for player safety, protecting problem gamblers and …

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Plenty of interest as Sweden opens new gambling licence window

2 Aug 2018

Online gambling operators are clearly interested in entering the soon-to-be-liberalised Swedish gambling market, it appears from the 22 applications submitted on the first day for licence applications. Lotteriinspektionen reported brisk business Wednesday as major companies like Betsson, Cherry, Expekt and Svenska Spel threw their hats into the ring in preparation for the official market opening …

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Bots vs. humans in eSports clash

2 Aug 2018

OpenAI’s team of bots is 1.28 on with Betway to triumph over a professional team in a 5v5 game this Sunday 5th August. A year after unveiling a bot that could win a 1v1 game, OpenAI will take on a team of five professional human players this Sunday and the online bookmaker expects the bots …

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Remembering the biggest ever online jackpot

2 Aug 2018

In an interesting PR exercise, online gambling group Betway has resurrected the almost three-year-old story of Jon Heywood, a former British army trooper who hit the headlines in October 2015 when he hit what is still the biggest ever online jackpot playing the Microgaming Mega Moolah progressive. Heywood’s win of GBP 13,213,838.68 came just 25 …

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Scientific Games reduces losses in Q2-2018

2 Aug 2018

US gambling supply company Scientific Games has posted its Q2-2018 report, announcing strong revenues and a reduction in debt. Highlights include: * Revenue up 10 percent at $844.7 million, with a $50.6 million contribution from NYX subsidiary; * Net loss for the group narrowed to $5.8 million, compared to $39.1 million in Q2-2017, thanks to …

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First mobile sports betting licence awarded in New Jersey

2 Aug 2018

The Bloomberg business news agency reports that Resorts Casino Hotel and DraftKings have received approval to become the first companies to offer online and mobile sports betting in New Jersey. The New Jersey Division of Gaming Enforcement gave approval Wednesday afternoon to the casino and its Boston-based online partner to launch an invitation-only version of …

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No tax relief for Albanian gambling operators

2 Aug 2018

Significant tax reductions which would have seen Albanian gambling operators paying 15 percent tax on gross earnings rather than turnover have been vetoed by national president Ilir Meta, according to local media reports. The reductions were approved last month by the ruling Socialist Party, but President Meta claimed that the lower tax take would have …

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Malta implements new gambling act

2 Aug 2018

The government of Malta announced the implementation of the Mediterranean island jurisdiction’s new Gaming Act on Wednesday (August 1). The act was passed by parliament in March this year and comes into force following the approval of the EU Technical Regulation Information System (TRIS) process, in line with European Union Directive 2015/1535. The new framework …

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MGM Resorts goes live in Mississippi with sports betting

2 Aug 2018

Mississippi joined Delaware and New Jersey Wednesday as the first states to start accepting sports bets following the recent overthrow of the Professional and Amateur Sports Protection Act by the US Supreme Court. MGM Resorts International properties Beau Rivage Resort and Casino in Biloxi and Gold Strike Casino Resort in Tunica were the first to …

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Mega Fortune jackpot delivers again

1 Aug 2018

Michael Pedersen, CEO of online casino operation LetsBet.com, has revealed that a 27-year-old Swedish punter who wishes to remain anonymous, has scored a Euro 6.7 million jackpot on NetEnt’s Mega Fortune progressive. Incredibly, the player had only just signed up and had a mere three hours of membership before hitting the win of a lifetime. …

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Luckbox eSports enterprise updates progress

1 Aug 2018

Luckbox, the eSports betting enterprise which accepts cryptocurrencies and was founded by former Pokerstars managers Lars Lien and Mike Stevens (see previous reports) has given an update on progress so far following its ICO. The most significant development was the acquisition this week of the Isle of Man Gaming Supervision Commission’s first crypto-based eSports betting …

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Global Gaming applies for Swedish licence

1 Aug 2018

Global Gaming’s subsidiary SafeEnt Ltd, Malta filed a licence application in Sweden Wednesday, preparing for the liberalisation of the market early next year. Global Gaming CEO Joacim Möller said in a company statement: “Sweden is Global Gaming and Ninja Casino’s premier market, so it is of the utmost importance for us to be able to …

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KamaGames adds Craps to games suite

1 Aug 2018

Social mobile poker operator KamaGames has launched its latest social casino game titled simply Craps Based on the popular dice game enjoyed in casinos around the world, Craps is the first 3D multiplayer game of its kind launched on the App Store and Google Play, the company claims. Like many classic games, it takes just …

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Energybet expands relationship with UK football club

1 Aug 2018

After two years of being shirt sponsor for UK football club Leyton Orient, Energybet.com has expanded the relationship and is now the club’s official betting partner. Reprising last season, Energybet will be engaging with fans throughout the season with match day giveaways, half time competitions on the pitch, plus offering fans match and hospitality tickets. …

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Tighter controls to be imposed by UK Gambling Commission

1 Aug 2018

Following industry consultations, the UK Gambling Commission is set to introduce tighter standards of operational conduct from October this year. Aimed at creating a fairer environment for punters, the changes include giving the Commission power to impose unlimited fines for promotional campaigns that appeal to children or glamorise gambling. Operators will also face am eight-week …

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