Gambling news - page 346

Daruma dominates Paraguay sports betting market

7 Jun 2018

On the threshold of the world’s biggest football championship in Russia, the Paraguayan sports betting company Daruma Sam S.A. has been given what amounts to an effective monopoly in the local market by Conajzar, the Paraguay gambling regulator. The exclusive licence covers both land and online operations of the company, which has agreed to a …

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Bravio Technologies to distribute Scout Gaming DFS platform

7 Jun 2018

The Scout Gaming group has entered into an agreement with Bravio Technologies to deliver the company’s Daily Fantasy Sports platform in the Pan-Asia region. The Scout Gaming platform, including Daily Fantasy Sports and Pooled Betting games, will become available to mobile phone subscribers throughout the region. Initially, a Free-2-Play Tipping game will be rolled out …

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Booongo releases new Age of Caesar online slot

7 Jun 2018

Booongo Gaming has released its latest online slot, a 5 reel, 30 pay-line game titled Age of Caesar which is themed on the glory days of the Roman Empire with symbols depicting Roman standards and banners, the emperor and his entourage, swords, Caesar’s coins and the legionaries who marched all over the known world to …

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Philippines IT firm to roll out live dealer products

7 Jun 2018

In what it claims is a first for the Philippines market, Manila based multi-facetted IT company DFNN has revealed that it will soon roll out a live dealer gambling product initially aimed at the Philippines domestic e-casino market. CEO Calvin Lim revealed this week that the product will be an innovative experience for players on …

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Playtech sels off GVC shares

7 Jun 2018

Online gambling group Playtech plc no longer holds ordinary shares in the GVC Holdings online and land gambling group following its sale of 19.6 million GVC shares (about 3.4 percent of the total) which it received as a result of its previous holding Ladbrokes Coral, acquired earlier this year by GVC. In a stock exchange …

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Third time lucky for former Amaya CEO in insider trading prosecution

7 Jun 2018

Former Amaya CEO David Baazov and associates Yoel Altman and Benjamin Ahdoot have been successful in getting 23 insider trading related charges thrown out in a Quebec Court following a flawed prosecution process by the  Quebec securities regulator the Autorité des marches financiers (AMF). On Wednesday Quebec judge Salvatore Mascia granted Baazov defence’s third motion …

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We Are Casino expands into poker vertical

6 Jun 2018

We Are Casino (WAC) has partnered EvenBet Gaming for the integration of its flagship poker solution. WAC has high hopes for the product in terms of player loyalty and engagement. Dmitry Starostenkov, EvenBet Gaming CEO, said, “It’s very pleasing to announce this deal with We Are Casino, who are a rising star. In a highly competitive sector, the …

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MGA to host new Gaming Act info sessions

6 Jun 2018

The Malta Gaming Authority (MGA) will host a series of information sessions for external stakeholders prior to the new Gaming Act coming into force on July 1, 2018. “These sessions are aimed at giving a thorough explanation of the main changes in the new regulatory regime, with specific focus on the broadened regulatory scope of the MGA”. In related …

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GVC Holdings boosts board with U.S. expertise

6 Jun 2018

GVC Holdings PLC has appointed Virginia McDowell to the Company’s Board as an independent non-executive director with immediate effect. McDowell has 35 years of experience working in the US gaming industry and is the current Vice Chairperson of Global Gaming Women, a non-profit organisation with a mission to support, inspire and influence the development of women in the gaming …

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Bahamas government proposes increased taxation on online gambling operators

6 Jun 2018

The Government of the Bahamas has alarmed online operators by proposing a tax hike of significant proportions. Operators who presently pay 11 percent of GGR or 25 percent of EBITDA (whichever is the greater) plus an additional 2 percent to worthy causes could find themselves paying somwhere between 20 percent to 50 percent of GGR under the …

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New Chinese themed slot from Realtime Gaming

6 Jun 2018

Online gambling games developer RealTime Gaming has released its latest high resolution online slot, a Chinese mythology themed game based on the Wu Xing concept of five elements, where the Sun and Moon balance the five elements of nature: Fire, Water, Earth, Wood and Metal. Titled Tian Di Yuan Su (Gods of Nature) the 5 reel, 30 pay-line slot …

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Slotland launch Crypto online casino

6 Jun 2018

Online casino operator Slotland has launched a crypto-currency only sister site CryptoSlots. The new destination offers a million-dollar jackpot game and 21 proprietary slots and video poker games supporting Bitcoin, Bitcoin Cash and Litecoin transactions. “In our other casinos, we’ve seen a huge increase in players opting to play in cryptocurrencies to avoid banking delays and complications,” Slotland’s Michael …

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Luckia nets sponsorship deal with Celta

6 Jun 2018

Spanish online operator Luckia has scored a sponsorship partnership with Spanish professional football club, Real Club Celta de Vigo (Celta). The one-year deal, with an option to extend, will see Luckia enjoy a wide range of branding opportunities at La Liga level.

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Kambi Group prepares for ATG partnership 

6 Jun 2018

A media advisory from B2C sports betting services provider Kambi Group plc reveals advanced commercial discussions between the group and Sweden’s horserace betting monopoly operator AB Trav och Galopp (ATG). The two parties are “close to agreeing a deal” in which the horse racing operator will offer its customers a Kambi-powered sportsbook. ATG will soon begin internal product testing, …

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Olympic Entertainment Group partners Greentube

6 Jun 2018

Olympic Entertainment Group’s online brand OlyBet has gone live with online and mobile content from Greentube in multiple European markets. The slots mix includes titles such as Columbus™ deluxe and Power Stars™, NOVOMATIC classics Book of Ra™ deluxe, Lucky Lady’s Charm™ deluxe and Sizzling Hot™ deluxe, as well as content from Greentube’s in-house studios, subsidiaries and third-party providers. Michael Bauer, …

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Streamlined Gaming Realms board

6 Jun 2018

Gaming Realms plc’s reshaped focus on core activities and the disposal of non-core assets is the impetus behind numerous changes on the Board. Group Executive Chairman, Michael Buckley, will assume the role of non-executive Chairman as of July 1, 2018 while Atul Bali and Chris Bell will step down to pursue other professional commitments. The Company will now have three Executive …

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Kentucky iLottery raises eyebrows with “no withdrawal of player deposit’ policy

6 Jun 2018

Online gambling industry observers have reacted critically to the tweets by online gambling security information specialist Gus Fritschie this week drawing attention to Kentucky iLottery terms and conditions which prohibit the withdrawal of player deposits once made. Fritschie warned that any “deposited” player funds will be retained in perpetuity by the state in a policy …

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EvenBet supplies poker to We Are Casino

6 Jun 2018

Online gambling software developer EvenBet Gaming has announced a new agreement to integrate its poker product into We Are Casino’s progressive platform. EvenBet says that integrating a sophisticated poker product into any casino or sportsbook delivers proven benefits across any number of KPIs – particularly as reliable cross-selling techniques and user-engagement have become ever more …

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New amendments to New York sports betting bill

6 Jun 2018

Industry observers are debating the difference between an “integrity fee” and a “royalty payment” following the introduction to the New York House of Assembly this week of a sports betting amendment draft that whilst closely following its equivalent in the state Senate, has a different take on the US sports leagues’ demands for an “integrity …

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State governor kicks off Delaware’s sports betting service

6 Jun 2018

Tuesday a landmark day in state gambling as Delaware becomes the first state to take advantage of newly liberalised market. The US state of Delaware met its pledge to launch intrastate sports betting services Tuesday when Governor John Carney made the first bet – $10 on the underdog Philadelphia Phillies over the Chicago Cubs. Nevada’s …

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Slotland launches cryptocurrency online casino

6 Jun 2018

Online casino and proprietary slot developer Slotland announced the launch of a cryptocurrency denominated online casino Wednesday, titled CryptoSlots. The new online venue features a million-dollar jackpot game and 21 unique slots and video poker games. CryptoSlots currently supports Bitcoin, Bitcoin Cash and Litecoin transactions and will be adding additional cryptocurrencies soon, according to the …

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Former Israel Credit Cards execs settle US $4.5 million  civil litigation.

6 Jun 2018

In an Israeli case originating back to 2006 – 2009, a group of 16 former executives and board members of Israel Credit Cards (Cal) have agreed to settle the issue in a 16 million shekels (US$4.5 million) agreement that finalises the civil lawsuit filed against them by Discount shareholders for their role in enabling Cal …

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BtoBet eyes Peruvian expansion

6 Jun 2018

Online sports betting provider BtoBet has announced plans to extend its LatAm reach in Colombia and Mexico to Peru after observing that the latter’s shifting posture toward regulation makes it an attractive market. Chairman Alessandro Fried says that after a full analysis BtoBet sees Peru as an essential growth area for the company in LatAm. …

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Gaming Realms achieves profitability in 2017

5 Jun 2018

Mobile real money and social games provider Gaming Realms plc has delivered a maiden full year adjusted EBITDA of GBP 0.8 million turning its fortunes around from a GBP 2 million EBITDA loss in 2016. A 7 percent decline in total revenue, attributed to the disposal of white label operations and agency business, was offset by significant …

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