Gambling news - page 358

Revenues up in Q1-2018 at Scientific Games

3 May 2018

Scientific Games Corporation reported Thursday on its results for the first quarter ended March 31, 2018, highlighting: * Revenues up 12 percent y-o-y at $811.8 million, reflecting the inclusion of $49.2 million in revenue from the NYX Gaming Group Limited acquisition completed on January 5, 2018, along with 7 percent growth in lottery revenue and …

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Relax Gaming content now live on EveryMatrix platform

3 May 2018

Package initially incorporates table games, including Roulette and Blackjack, with further content to be rolled out later in the year. Relax Gaming has integrated its latest table games content into EveryMatrix’s platform, making it available to numerous operators across several territories. The developer will initially incorporate its suite of table games, including Roulette and Blackjack, …

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Asian distributor takes majority share in gaming studio

3 May 2018

Asian distributor QTech Games has announced a new acquisition deal, which sees the company take a majority share in rising-star Swedish video slots development studio Snowborn Games. After a successful 2017 of triple-digit growth, and enhancing the speed and performance of games on its platform, QTech has broadened its global reach in 2018 with a …

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Red Tiger to launch GBP100,000 Drop

3 May 2018

Isle of Man based Red Tiger Gaming is to launch a slot version of The GBP 100,000 Drop in conjunction with the television new game show of the same name. The Channel 4 programme, which launches on May 7th and is fronted by Davina McCall, is a daytime take on The Million Pound Drop, which …

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Cherry Group reports strong Q1-2018 performance

3 May 2018

Sweden’s Cherry gambling group has reported strong growth and earnings in its Q1-2018 interim report, highlighting: • Group revenue up by 26 percent to SEK 681 million (541), with organic revenue growth amounting to 25 percent (44); • Profitability improved and EBITDA up by 131 percent to SEK 192 million (83) on a margin of …

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U.S. university study concludes DFS is a skill activity

3 May 2018

The Journal of Sports Science will soon carry a scientific study carried out by academics at the Kansas State University which demonstrates that successful daily fantasy sports activity requires a significant skill element that places it outside the common definition of gambling. Lead by Professor Todd Easton and co-author Sarah Newell, the study used computer …

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Online casino operator signs for iSoftbet games

3 May 2018

Online casino and sportsbook operator Betrebels has signed up for iSoftbet’s full suite of proprietary and third-party content. Under the deal, iSoftBet’s entire portfolio of original and branded slots, including hits Platoon and Paranormal Activity, will be available to BetRebels players across desktop and mobile platforms. The integration also includes the supplier’s latest and most …

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Asia is video bingo provider Zitro’s new focus

3 May 2018

Barcelona based international video bingo games developer and provider Zitro has revealed that Asia is its current focus, with plans to expand in the region by serving online casino operators directly with its Bryke video  bingo and slots product range. The company is to increase investment and commercial activity in the region. CEO Sebastian Salat …

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Czech gambling group acquires Croatian sports betting enterprise

3 May 2018

The owner of Croatian sports betting operator Supersport, Danko Ćorić, has sold a controlling interest in the company to Czech gambling group Sazka for an undisclosed consideration. Detailing the agreement, Sazka said that Supersport has been active in the Croatian online and retail sports betting sector for the past 18 years, and presents Sazka with …

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New chief for Scientific Games

3 May 2018

Online and land gambling provider group Scientific Games announced new executive appointments Wednesday, naming Barry Cottle, currently CEO of SG Interactive, as the company’s new President and CEO, effective June 1, 2018. Cottle will replace current President and CEO Kevin Sheehan who will remain with the company as a senior advisor. The company also announced …

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Philippines treasurer does well out of PAGCOR’s first quarter earnings

2 May 2018

In the Philippines, the state operated gambling regulator and operator Philippine Amusement and Gaming Corp (Pagcor) has posted a positive Q1-2018, highlighting the following: * Net income up 7.6 percent y-o-y at PHP1.42 billion (US$27.3 million); * Total revenue from gaming operations up 12.5 percent at PHP15.80 billion; * PHP8.29 billion paid out in gaming …

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Revenues lag in Bet-At-Home’s first quarter

2 May 2018

Frankfurt-listed online gambling group Bet-At-Home AG has released its Q1-2018 numbers, reporting lagging gross revenue but positive EBITDA metrics. Highlights of the report include: * Gross betting and gaming revenue down 10.8 percent y-o-y at Euro 33.2 million. Result was impacted by a decline in Polish revenues; * Group betting and gaming turnover totaled Euro …

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Two new exclusive releases from Microgaming

2 May 2018

Games developer Just For The Win is behind Microgaming’s two exclusive, ancient travel-themed game releases this May. The first title, ‘Temple of Tut’ is a 5-reel, 10-payline slot in which three bold explorers lead players through Tutankhamun’s treasure chamber. Temple of Tut pays both ways and features free spins and a new Super Reels feature. …

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Dutch council of state rules monopoly will stand on sports competitions and scratch card lottery

2 May 2018

The Netherlands Council of State has determined that the monopoly on sports competitions and instant lottery will remain despite the Supreme Court of The Hague ruling that a transparent licensing procedure must be undertaken. The long-running legal battle on the matter dates back to 2014 when the license, held by Lotto B.V., expired and was …

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iSoftBet clinch deal with BetRebels

2 May 2018

iSoftBet has signed a content supply deal with BetRebels in which its full suite of proprietary and third-party content will be integrated with the online casino and sportsbook operator across desktop and mobile platforms. The integration through iSoftBet’s Game Aggregation Platform (GAP) includes proprietary titles Eye of The Amulet, Legend of Loki and many more, …

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Chitty Bang from Pariplay

2 May 2018

https://youtu.be/TWiI6WfDlPo Pariplay Ltd’s latest HTML5 release is an in-house developed online video slot titled ‘Chitty Bang’. Themed on a classic fruit machine, Chitty Bang offers three bonus features which include a giant reel re-spin, Wilds, Scatter Free Spins and a mystery mega symbol. Richard Mintz, Commercial and Marketing Director at Pariplay, said: “We believe the …

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ESSA publish first quarter integrity report

2 May 2018

ESSA sports betting integrity organisation has published its first quarter 2018 report detailing receipt of fifty suspicious betting alerts. Tennis led the table with 27 alerts over the past quarter, followed by football with eleven and Table Tennis with 4.  The remaining eight alerts were received on badminton, volleyball, basketball, beach volleyball, esports and ice …

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Lottoland live with Pragmatic Play content

2 May 2018

Lottoland has gone live with over 80 HTML5 titles from casino games developer Pragmatic Play. The first raft of games in the initial rollout, which include Wolf Gold and Ancient Gold among others, will be made available to Lottoland customers in multiple markets including the UK. Melissa Summerfield, Chief Commercial Officer at Pragmatic Play, said: …

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Pinnacle abandons attempt to licence in the UK

2 May 2018

Malta-licensed online betting operator and B2B platform supplier Pinnacle has taken to social media to announce that it has abandoned its attempt to obtain UK licensing from the Gambling Commission. The company had planned a 2017 launch for UK operations but was unable to achieve this due to delays in its application review. In a …

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Novibet online casino takes SG interactive games

2 May 2018

Scientific Games Corporation announced Wednesday that SG Digital will provide games to Novibet online casino via its Open Gaming System (OGS). The agreement between SG Digital and Novibet brings more than 1000 games to the online casino, including brands from SG Digital’s nine in-house game studios. Matt Davey, Group Chief Executive, SG Digital, said: “We’re …

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LeoVegas reports Q1-2018 results

2 May 2018

Online gambling operator Leo Vegas has posted its Q1-2018 results, highlighting: * Revenue up by 76 percent y-o-y to Euro 77.4 million (43.9); * Organic growth of 40 percent – excluding markets closed in 2017 – 61 percent; * EBITDA Euro 9.5 million (6.0), corresponding to an EBITDA margin of 12.3 percent (13.7 percent); * …

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Subdued performance from Paddy Power Betfair in Q1 trading update

2 May 2018

Paddy Power Betfair issued its Q1-2018 trading update Wednesday, reporting an unusually subdued performance due to “bookmaker friendly sports results” and poor weather conditions. Highlights of the update included: * Q1 overall group revenue 2 percent down at GBP 408 million (flat on a constant currency basis); * Underlying EBITDA down 8 percent to GBP …

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Daily fantasy sports now legal in Pennsylvania

2 May 2018

Six online fantasy sports game operators are now offering wagers that are regulated and taxed by Pennsylvania, the state Gaming Control Board said in a press statement Tuesday after regulation began over the weekend. The six companies successful in passing regulatory requirements are: DRAFT, Fantasy Football Players Championship, Fanduel, DraftKings, Boom Fantasy and Fastpick. The …

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LeoVegas fined by the UKGC

2 May 2018

The UK Gambling Commission has imposed another heavy fine on an online gambling operator, hitting Leo Vegas with a GBP 627,000 punishment for “misleading ads and not protecting vulnerable customers,” according to a BBC report Wednesday. The Commission alleges that the operator did not “take all reasonable steps” to stop problem gamblers who had asked …

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