Scientific Games Corporation has strengthened the senior management team of SG Digital with the appointment of Nikos Konstakis as its new VP Sportsbook. Konstakis will be responsible for overseeing OpenBet’s product development roadmap and delivering and enhancing its sportsbook proposition for customers following the Supreme Court’s overturning of the Professional and Amateur Sports Betting Act. …
In an op-ed article in the Yorkshire Post this (Friday) morning Sky Betting and Gaming CEO Richard Flint reacted to the UK government’s indication that it may seek higher taxes from online gambling firms to recoup tax losses brought about by the decision to chop FOBT maximum bets to GBP 2. Flint points out that …
BetSoft takes players on a journey to a world of whimsical fantasy with its new 5 reel, 25 pay-line, story-driven slot titled Ogre Empire, set for release on May 28. The theme is set in a fantasy city where the residents must take refuge indoors when an ogre turns their rooftops into his new throne. …
Mississippi is moving fast on the introduction of sports betting regulation following the US Supreme Court decision this week, publishing regulations proposed by the Mississippi Gaming Commission and announcing a 25-day window for public submissions. The proposals could see the state’s 28 licensed land casino operators offering sports betting as early as July this year, …
Hopes that Kenya’s business-killing tax rate of 35 percent on GGR would be reduced to just 15 percent on operators and a 20 percent tax on players’ winnings were dashed this week when the Assembly’s Labour and Social Welfare committee withdrew amendments to the Betting, Lotteries and Gaming Act proposed earlier this year by National …
The state of Delaware could be among the front runners in offering sports betting following the US Supreme Court decision earlier this week overturning the 1996 Professional and Amateur Sports Protection Act. Delaware was one of three states granted limited exemption from the federal law, but its demise now allows the state to widen its …
Scientific Games Corporation announced Thursday that its SG Digital division has appointed Steve Schrier as its new chief commercial officer, responsible for establishing customer partnerships and for all account management and business development across the division. Prior to taking on his new role at SG Digital, Schrier spent over two decades in senior commercial roles …
A study by YouGovUS has shown that US consumers aged 18-34 are more likely to agree (50 percent) that online gambling should be legal than disagree (28 percent), and that Americans aged 35-49 favour online gambling, while consumers aged 50-64 are divided on the issue and the majority of those aged 65+ oppose it. The …
Flushed with the success of their anti-FOBT campaign, anti-gambling activists and problem gambling charities are now looking for a new target….and it might just be online gambling. In an interview with the Independent newspaper Thursday GambleAware chief Marc Etches said that attention must be paid to the rapidly growing online gambling sector, pointing out that …
Antigua-based eSports operator Esports Entertainment Group (EEG) has announced a further $600,000 investment from Colorado-based First Capital Ventures, adding to a similar amount the US company invested in March last year. Today’s financing announcement represents the exercise of warrants held by First Capital and demonstrates the firm’s continued commitment and confidence in the future of …
Racing Victoria’s chief executive, Giles Thompson, told local media reporters in Victoria this week that many of the online bookmaking firms had “given undertakings” to the state’s three racing codes that they would maintain their support of the industry, so long as the point of consumption Victorian tax rate remains at 8 percent. The Sydney …
Kambi Group plc has unveiled a multi-year deal to provide online US betting company Rush Street Interactive with sportsbook technology and services. Following this week’s U.S. Supreme Court decision to repeal the country’s federal sports betting ban in full, Rush Street plans to launch a Kambi-powered Sportsbook within select states where permitted, the company advised …
The Mansion online sportsbook and casino operator has clinched a sponsorship deal at a premier UK horseracing event and is to support two high profile races in York. Tomorrow’s (Friday) Mansionbet Yorkshire Cup will be the first sponsored race, followed by the MansionBet Sprint on Saturday May 26. York Racecourse sponsorship head James Brennan said …
The Romanian newspaper Bursa reports that the management team at the Romanian National Office for Gambling (ONJN) has been replaced on the orders of the national prime minister, Viorica Dăncilă. The chief regulator Dan Iliovici, who has been in post for just over a year, was among those removed from office; he has been replaced …
Eastern Europe-facing gambling group Fortuna Entertainment has posted a positive Q1-2018 report, highlighting: * Revenues up 157.6 percent y-o-y at Euro 110 million; * Player stakes rose 163.7 percent to almost Euro 800 million; * EBITDA up an impressive 665.6 percent at Euro 22.8 million; * Adjusted EBITDA up 724 percent at Euro 222.8 million; …
Swedish gambling supplier Global Gaming has appointed Lars Kollind as head of its B2B operations, tasked with boosting the company’s growth. Kollind, who will be based at Global Gaming’s Malta Office in Sliema, previously enjoyed a successful career as sales director for B2B at Aspire Global. Some of the company’s successful brands including Netticasino and …
Following the multi-year deal early in 2017, online gambling games developer Nolimit City announced Thursday its successful integration into the iGaming eco-system of Gaming Innovation Group (GiG). This will see the distribution of Nolimit’s game portfolio across GiG’s partner network and its own proprietary casino brands. Mathias Larsson, managing director at GiG Games Services, said …
US media reports that the state of New Jersey may seek to recoup both its substantial legal costs and the hundreds of millions it may have made had the sports leagues not challenged its attempts to introduce intrastate sports betting in 2014 have been discounted by legal experts. They have pointed out that the leagues …
Widespread overnight reports in the UK press Wednesday have predicted that the UK government’s decision on Fixed Odds Betting Terminal maximum deposits is imminent…and the consensus is that it will not be good news for High Street retail bookmakers. The reports claim that the government will impose a GBP 2 maximum stake despite last-minute warnings …
The Vietnam News Service reports that police in the northern Bac Ninh Province of the country have broken up an illegal online gambling ringt that generated over VNĐ152 billion (US$6.6 million). Six game arcades were involved in the investigation, which resulted in the arrest of 18 individuals on gambling charges, according to a police spokesman. …
BetDigital is expanding its portfolio with the release of three new omni-channel slot releases ‘Wilds Deluxe’, ‘AbraCARDabra!’ and ‘Knights of Gold’. Wilds Deluxe is a five reel, 10-payline, adjacent pays, classic slot that is a smash hit in U.K. retail shops. The online version, released with William Hill for a period of exclusivity, is proving as popular as …
Media reports earlier this week that the Playtech agm today (Wednesday) could see fireworks over investor concerns regarding executive remuneration (see previous Infoowa report) have been followed by a statement from the company on this clearly contentious issue and how stakeholders voted. The statement details the results on the resolution on remuneration: Total votes cast: 231,043,589 For: …
Australian media have reported that online sports betting firm Neds has been handed an A$18,000 fine in the Downing Centre Local Court after being convicted of five contraventions of gambling advertising laws. The company was prosecuted by the New South Wales Liquor and Gaming regulator following complaints to the Advertising Standards Board that the advertisements offered NSW residents inducements to gamble or open …
Independent research specialists Technavio has published the conclusions of its latest UK gambling industry study, covering the period 2018 to 2022 and predicting that the compound annual growth rate (CAGR) will exceed 5 percent over the period. One of the key factors driving growth is the increased adoption of online platforms for gambling,the report notes. The online gambling sector in …