Gambling news - page 338

Online sportsbetting bust in Taiwan

3 Jul 2018

A 35-year-old Taiwanese man, identified only as Chang, has been arrested for operating illegal online betting websites in Taipei since January 2018 from his home. Authorities said the man had accepted wagers amounting to 40 million New Taiwan Dollars (NT$), or GBP 996,541, on FIFA related football betting over the past two weeks through the …

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Irish tech firm Banach raises Euro 2.2 million in seed funding

3 Jul 2018

Dublin-based betting technology firm Banach Technology Limited, founded in 2015, has raised Euro 2.2 million in enterprise seed funding which it will use to both expand product development and double its staff complement. The company offers clients product, pricing and risk management streams of data in the sports gaming sector. Banach Technology is led by …

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Cherry awarded Polish license

2 Jul 2018

Cherry AB has become the ninth licensed operator in the Polish market following a sportsbetting license award from Poland’s Ministry of Development and Finance, a process that reportedly took six months. The online sportsbook operates under Cherry Online Polska Sp. z.o.o., with its headquarters in Warsaw. Other license awards comprise: Fortuna, Milennium, TotoLotek S.A., E-Toto, forBET, LV Bet …

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New release from NoLimit City

2 Jul 2018

Nolimit City launched its neon—futuristic, Asian-themed slot title ‘Coins of Fortune’ this past week. Set in the fast-paced cities of Tokyo, Beijing and Shang-Hai – this is the first Asian-themed title from the developer. It’s a five by three-reel, 20 lines slot machine offering the tree stacked symbol ‘Dragon Nudge’ and the walking wild feature known …

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SBTech secures second US partnership

2 Jul 2018

SBTech has secured its second major US partnership after Churchill Downs with Resorts Casino Hotel (RCH) for the provision of sports betting services across online and on-property channels in the New Jersey market, subject to regulatory approvals. Under the terms of the deal, RCH will launch SBTech’s sportsbook solution including a fully integrated on-property and omni-channel offering, backed …

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TBH completes sale of retail assets

2 Jul 2018

The Betmakers Holdings Limited (TBH) (formerly TopBetta Holdings) has completed the sale of its retail businesses TopBetta and Mad Bookie to PlayUp Limited for a $6 million consideration, which will be paid in two tranches. “Completion of the Sale allows TBH to focus on rolling out its plans to be the preferred wholesale supplier of smarter data feeds and B2B wagering solutions …

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Twelth Colombian iGaming operator licensed 

2 Jul 2018

Colombian regulator Coljuegos has authorised the twelfth online gaming operator, apuestalo.co, owned by Royal Betting Solutions SAS. apuestalo.co. joins wplay.co, betplay.com.co, colbet.co, zamba.co, codere.com.co, mijugada.co, masgol.co, luckia. co, sportium.com.co, rushbet.co, aquijuego.co and apuestalo.co in the market. Coljuegos revealed approximately 870,000 players have registered with licensed operators in the lead up to the Football World Cup, an increase of 35 …

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W88 becomes official betting partner of LCFC

2 Jul 2018

Online operator W88 has been named Leicester City Football Club’s (LCFC) Official Betting Partner for the 2018/19 and 2019/20 Premier League seasons. W88 will gain brand exposure through pitch-side LED advertising, LCFC marketing activities and club-experiences. “We are very proud to partner with Leicester City Football Club, who have experienced incredible worldwide growth since winning the Premier League in …

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iGaming Platform to integrate Wazdan content

2 Jul 2018

Wazdan is the latest content provider to be signed up by iGaming Platform (iGP). Under the terms of the deal, Wazdan will supply its full HTML5 slots portfolio via iGaming Platform’s Game Hub aggregation platform. Wazdan omni-channel titles, including Football Mania Deluxe, Magic Stars 3, Wild Guns, Jumping Fruits, Magic Fruits Deluxe, Dracula’s Castle, Fenix Play Deluxe and Bars & …

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Dobrobet removes pirate Playtech and NetEnt software?

2 Jul 2018

Curacao-licensed, Bosnian-language online casino operator Dobrobet has announced its removal of pirated Playtech and NetEnt games following an expose by casino affiliate Latest Casino Bonuses (LCB). The outfit carried a range of unlicensed pirated games which it took down shortly after an article by LCB but not before allegedly throwing legal threats at the affiliate. However, a cursory glance at their ‘about us’ page still …

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MGA delivers growth in 2017

2 Jul 2018

In its latest annual report, the Malta Gambling Authority (MGA) delivered a 6 percent rise in licence fees, gaming tax and other administrative fees and fines for a total revenue of Euro 66.3 million in 2017 (2016: Euro 62.5 million). The direct contribution of the gaming industry to the Maltese economy was valued at Euro 1.1 billion …

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Playtech shares plunge 23 percent following second profit warning

2 Jul 2018

Playtech’s trading update earlier today (Monday) voicing concerns regarding competition in the Asian market (see previous report) have been interpreted as the group’s second profit warning this year, triggering a 23 percent decline in share price Monday morning on the London exchange. In early trading, shares were down 23 per cent at 580p. The bank …

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NetEnt launches much anticipated Jumanji online slot

2 Jul 2018

Online gambling games and software provider NetEnt has at last released its much hyped and anticipated blockbuster online slot Jumanji, themed on the beloved classic film of the same title from Sony Pictures Entertainment. The unique branded 5 reel game combines the classic board game with video slots and unleashes a rhino stampede, wild monkeys, …

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Evolution secures live dealer contract ahead of Swedish market liberalisation

2 Jul 2018

Live dealer technology provider Evolution Gaming is off to a fast start in the soon-to-be-liberalised Swedish gambling market, announcing this week that it has secured a deal to provide live casino gambling to the established and primarily horse racing Swedish group AB Trav och Galopp (ATG). The company says it will be ready to go …

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Realistic Games new slot has a futuristic theme

2 Jul 2018

The latest HTML5 slot from Realistic Games is a five reel, twenty pay-line game with a futuristic theme titled Clockwork Mice, which has been released across desktop and mobile channels this week. The theme features a space age inspired world populated by tiny automatons and backs a slot with wilds, scatters, up to 24 re-triggering …

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American Gaming Association announces interim CEO

2 Jul 2018

The American Gaming Association has announced that its general counsel and VP industry services, Stacy Papadopoulos (47), will act as CEO until a replacement for departing Geoff Freeman is found. Our readers will recall that Freeman resigned last month and is to join the Grocery Manufacturers Association on August 1 as CEO and president. Last …

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Playtech reports rising revenues in trading update

2 Jul 2018

In a trading update issued Monday, online gambling technology and games provider Playtech plc reported that revenues have continued to rise. In business-to-business operations the company reported that average daily revenue on a year-to-date basis excluding Asia is up 7 percent compared with the same period last year, and up 12 percent in Q2-2018 vs. …

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New jackpot product can be used across all verticals

2 Jul 2018

Two former Playtech managers, Amir Askarov and Dan Fischer, have launched what they claim is a revolutionary online gambling marketing platform designed to allow operators to create differentiation by using the full power of jackpots, thus driving player engagement. Titled Blue Ribbon, the platform allows operators to create, customise and control bespoke jackpots that are …

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Finnplay secures licence in Romania

1 Jul 2018

Finnplay, the Finnish-based open gaming platform provider, announced Sunday that the company has been awarded a Class II licence in the regulated Romanian market by the Romanian National Gambling Office (ONJN). The licence will enable the company to deliver its Billfold platform services to Class 1 Operating licensed holders in the country. Martin Prantner, the …

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Macau gambling growth in June lower than expected

1 Jul 2018

Gross gaming revenue in Macau for the month of June amounted to MOP22.49 billion (US$2.78 billion), up 12.5 percent year-on-year but lower than expectations by analysts of a 17-21 percent range. Macau’s Gaming Inspection and Co-ordination Bureau (DICJ) revealed the latest numbers on Sunday, noting that the amount recorded in June 2018 represents a 11.8 …

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Latest Playson online slot revisits the undersea temples of Atlantis

1 Jul 2018

Online gambling games developer Playson has released across mobile and desktop channels a new 5 reel, 25 pay-line online slot with an undersea theme titled God of the Wild Sea. The theme takes players to the fabled undersea temples of the lost city of Atlantis, where the sea god Poseidon rules. Reel symbols continue the …

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Gambling tax cuts passed in Spanish budget

30 Jun 2018

There was good news from Spain this week, where parliamentarians passed the 2018 budget containing significant reductions in taxation on gambling in a move to attract more operators, especially in the online environment, to the market. The cuts to tax rates based on GGR, include a 5 percent reduction on fixed-odds sports betting, other fixed-odds …

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Chinese police report online sports betting bust

29 Jun 2018

Police in the Chinese city of Shenzhen have reported raiding and dismantling an illegal online sports betting operation taking bets on the World Cup football championship. Seven individuals have been arrested in connection with the ring, which police claim took in around 100 million yuan (about 15.1 million U.S. dollars).

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Motor racing betting app launched

29 Jun 2018

Digital media company Motorsport Network has moved into the betting business with a proprietary app titled Pit Stop Betting available at App Store and Google Play. The app offers an array of event-by-event betting cards with simple, visible pay-out terms and seeks to appeal to a knowledgeable audience. It covers 10 motorsport series at launch, …

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