Gambling news - page 351

New GAN CFO based in Las Vegas

29 May 2018

UK-listed online gaming firm GAN has announced the appointment of Richard Santiago as its chief financial officer. Santiago, who will be based in Las Vegas, Nevada, joins the firm mid June 2018 having served at the US internet-based food delivery firm, EatStreet. Previously, Santiago served in senior finance roles with numerous internet gaming firms including Activision Blizzard and Riot …

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Relax Gaming and Red Rake Gaming in content deal

29 May 2018

Relax Gaming has entered into a B2B partnership with gaming platform Red Rake Gaming, the company announced in a statement Tuesday. Red Rake offers a wide-ranging portfolio, comprising of slot, video poker and video bingo games, which will be available to operators via Relax’s Silver Bullet platform. The platform aggregates hundreds of titles from a …

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Pragmatic Play goes live with Starcasino in Italy

29 May 2018

Online casino games developer Pragmatic Play has integrated its entire catalogue of online slots with StarCasino.it, part of the Betsson Group brand portfolio. The deal boosts the operator’s offering to players with games including hit titles Wolf Gold, Chilli Heat and Lucky New Year, alongside an exclusive game Star Jackpot, which has already paid out …

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Illinois gambling expansion bill stalls in committee

29 May 2018

The last-minute resurrection in the Illinois House of SB7, a gambling expansion bill covering DFS, sports betting and online gambling, has stalled in the Executive Committee. Our readers may recall that with just days to go before the current legislative session ends, Rep. Robert Rita, who heads the House Gaming Subcommittee, revitalised SB7 – a …

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Philippines online gambling licensing issue claims another victim

29 May 2018

The row over the authority to issue online gambling licenses outside its jurisdiction by the Aurora Pacific Economic Zone that has already seen two APECO officials fired by President Rodrigo Duterte (see previous reports) has claimed another victim…this time Rudolf Jurado, head of the government’s Office of the Government Corporate Counsel (OGCC). In a typically …

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Paddy Power Betfair kicks off share buy-back program

29 May 2018

Paddy Power Betfair plc has followed up on its Q1 trading update pledge to return GBP 500 million to shareholders over the next 12 to 18 months, initially commencing with a share buyback of GBP 200 million. In a stock exchange advisory Tuesday the company revealed that it has entered into irrevocable, non-discretionary arrangements with …

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Dodging the Italian gambling bullet

28 May 2018

The news that the Italian president, Sergio Mattarella, has vetoed a proposed finance minister put forward by a political party coalition following hung national elections in March has enabled the Italian gambling industry to dodge what could have been a damaging political bullet. The coalition comprised the two radical political party winners in the election – Five …

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ARJEL launch responsible gambling social media campaign

28 May 2018

French gambling authority ARJEL has launched a responsible gambling social media campaign ahead of the World Cup. The campaign was formed in response to the growing popularity of sports betting in France, the regulator said, and will initially focus on the football, tennis and basketball disciplines. Produced by creative agency GoodSeed, the campaign’s underlying theme is that punters …

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Latvia’s Klondaika selects Altenar sports book

28 May 2018

Latvian online casino operator Klondaika has selected Malta-based sports betting solutions provider ALTENAR for the roll out of its new sportsbook later this week. Primed for the beginning of the football World Cup, the Klondaika sports book offers betting on twenty-one sports supported in a multi-lingual environment. “Klondaika is a rising star of the Latvian gaming market, so it …

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Veteran industry marketing exec joins Real Time Gaming

28 May 2018

Online gambling games and software developer Real Time Gaming (RTG) has announced that industry marketing executive Alex Czajkowski has joined the company’s Asia operations as Corporate Marketing Officer based in Manila, Philippines. Briefing media this week, Czajkowski said that whilst European firms were deeply engaged in mergers and acquisitions the Asian i-gaming market for RTG games is booming. “Having …

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Myanmar government warns private telecomm firms to eschew online gambling

28 May 2018

Soe Thein, the director general of the Myanmar Department of Posts and Telecommunications, did not mince his words this week in a letter warning private telecommunications firms to stay away from any aspect of online gambling, either directly or indirectly, on pain of being shut down. The official said that the majority of internet gamblers …

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UK licensed gambling firms may face more restrictions

27 May 2018

Online and land gambling companies licensed in the UK could be faced with more restrictions if a cross-party group of MPs succeeds in its demands that the pastime be treated as a public health issue with restrictions similar those required of the tobacco and alcohol industries. Reporting on the group, which includes shadow culture secretary …

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GVC management could face shareholder discontent over pay packages

27 May 2018

Despite a positive series of acquisitions and financial results, the board at GVC Holdings plc could find itself facing shareholder concerns regarding the high level of executive remuneration at its agm next month, according to a report in the publication This Is Money over the weekend. Our readers may recall that Playtech plc stakeholders earlier …

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Sky Bet in major responsible gambling initiative

26 May 2018

In a major responsible gambling initiative agreed as part of its sponsorship deal with the English Football League, online gambling firm Sky Bet has invested GBP 1 million in an EFL education program targeting EFL clubs and designed to improve awareness. The marketing publication Drum reports that the EFL has signed a five-year agreement with …

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Surprise move on online gambling in Illinois House

26 May 2018

With less than a week left in the current legislative session, the House Gaming Subcommittee mulls amendments to a casino bill. In a surprise move Friday, and with barely a week left of the current legislative session, the Illinois House Gaming Subcommittee was presented with amendments to a Senate bill (SB 7) originally intended to …

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Gaming technology firm to acquire fantasy sports firm

26 May 2018

World Poker Fund Holdings, Inc. (WPFH), revealed Thursday that it has signed a definitive agreement to acquire Picking Duck. WPFH has also brought back Picking Duck’s Handicapper Marketplace, where the public can “buy sports picks” from professional handicappers, and has also acquired the rights to develop and produce “Beat the Bookie”, which will initially launch …

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Isle of Man eSports operator introduces live betting

26 May 2018

Rivalry.gg, a dedicated eSports sportsbook licensed by the Isle of Man Gambling Supervision Commission announced Friday that it is launching live, in-play betting, currently one of the most engaging betting experiences in eSports allowing bettors to place bets throughout a match on a variety of in-game events and outcomes. With the average age of eSports …

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Cherry CEO dismissed by board of directors

26 May 2018

In an announcement by its board of directors Friday Cherry Group AB said that it has “terminated the employment of Anders Holmgren as CEO and President of Cherry effective immediately.” Company chairman Morten Klein acknowledged the contribution Holmgren has made during his fifteen month tenure as CEO and President, but said that the board has …

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Lightning Box achieves Portuguese regulatry approval for its games

25 May 2018

Lightning Box, the specialist online slots developer, has received approval to launch its games in Portugal on the SG Digital platform. The Portuguese gaming regulator, Serviço de Regulação e Inspeção de Jogos (SIRJ), has granted Lightning Box the right to release nine games from its offering, including  Silver Lion, Stellar Jackpots-Chilli Gold x2, Stellar Jackpots-Serengeti …

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Aussie gambling group under investigation following Lottoland complaint

25 May 2018

Tatts Group’s A$5 million anti-Lottoland campaign in Australia  may have consequences for the gambling group following a complaint lodged by the online lottery betting company with the New South Wales Liquor & Gaming regulator. Local media reports Thursday note that the regulator has confirmed to Lottoland that it has launched an investigation into its complaints …

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Shares soar after GVC issues trading update

25 May 2018

The UK-based online gambling group GVC Holdings plc issued a trading update Friday, forecasting higher cost synergies from its GBP 4 billion acquisition of bookmaker Ladbrokes Coral, and posting a 17 percent growth rate in online gaming revenue. Shares of the company rose as much as 4.6 percent to an all-time high of 1,028 pence …

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U.S. sports leagues sued by New Jersey horse racing association

25 May 2018

The New Jersey Thoroughbred Horsemen’s Association filed a legal action against the four major US pro sports leagues and the NCAA Thursday, claiming the leagues cost one of the state’s racetracks more than $130 million in lost revenue by blocking the advent of legal sports betting. The action follows the victory of New Jersey in …

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Massachusetts to hold back in race to offer sports betting

25 May 2018

It appears that Massachusetts will not be among the front-running states offering sports betting following the recent Supreme Court decision overturning the federal Professional and Amateur Sports Protection Act. On Thursday House Speaker Robert DeLeo said he intended to take his time making a decision on whether to embrace sports gambling and would be taking …

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IEC confirms agreement to acquire Wigan Athletic FC

25 May 2018

Hong Kong-listed gaming and entertainment firm, International Entertainment Corp., which earlier this month signed an Asian poker partnership deal with the Stars Group (see previous report has confirmed that it has reached agreement to acquire the UK football club Wigan Athletic for GBP 22.4 million and now awaits the approval of the Hong Kong stock …

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