The Governance Commission for Government-owned and Controlled Corporations (GOCCs) in the Philippines has recommended that the Philippine Amusement and Gaming Authority should separate its regulatory functions from its commercial businesses. In a statement this week the Commission reported that it has reviewed the mandates of 12 GOCCs in relation to competitive neutrality issues, as part …
US racing corporate Churchill Downs Inc., revealed part of its future motivation in a conference call following the release this week of its Q1-2018 results (see previous report). That motivation includes growth in states where online gambling and sports betting has or may become legal following state legislation (as is currently the case in New …
Risk management and eSports solutions provider Pinnacle has announced the launch of its new business-to-business platform titled Pinnacle Solution. The platform initially offers two core products, an iFrame API and a turnkey solution. Pinnacle said the platform offers “increased profit potential”, as well as boasting the same reputation as its B2C offering. “After 20 successful …
Durham County Cricket Club has announced that online sports betting operator 188BET has signed a one-year contract extension that will see the bookmakers remain as a sponsor for the 2018 cricket season. The extension will see 188BET logos featured prominently around the Emirates Riverside stadium and the betting specialists will continue to sponsor Durham’s T20 …
The recent furores around lootbox and increased youth gambling appears to have triggered a reaction from the Gambling Business Group, who’s chief executive, Peter Hannibal, issued a statement Thursday calling on the UK government to create a new organisation dedicated to the regulation of video gaming. “The video gaming or eSports world is a good …
Police in south China’s Guangdong Province have busted a major online gambling case, seizing and freezing a total 215 million yuan (US$ 34 million) of property and funds, according to the Xinhua news agency.. Police units arrested more than 140 suspects, seized 130 million yuan worth of property and froze 85 million yuan of funds, …
Red Tiger Gaming has announced the latest addition to its suite of video slots, Laser Fruit, an innovative new twist on a classic fruit theme that the developer claims offers an unprecedented 60 million ways to win. The reels of the game, which feature vibrant neon colours and a traditional range of fruit, bars and …
Pragmatic Play has added to its portfolio of video slots with the launch of Fire 88. Against a backdrop of flames, the 3×3 reels of Fire 88 contain symbols like dragons, diamonds and coins, as well as two varieties of the number 88 – one of the luckiest pairings in Chinese numerology. The blazing 88 …
Following an enquiry into the use of loot boxes in video games (see previous report) a panel of Belgian Gaming Commission officials has concluded that in certain circumstances the practice constitutes gambling. The panel specifically named Overwatch, FIFA 18 and Counter-Strike: Global Offensive but dropped Star Wars Battlefront II from its allegation of gambling law …
Vegas Crest Casino has announced that it has taken 50 new slots from Xplosive Games on board, bringing its total games inventory to almost 830 games. The operator offers both mobile and desktop action.
The Chinese news agency Xinhua reports that China’s lottery sales rose 9.4 percent year on year to 104.18 billion yuan (around US$ 16.5 billion) in the first quarter of 2018, quoting official numbers from the Ministry of Finance. March alone saw lottery tickets worth over 40 billion yuan sold, a year-on-year increase of 5.9 percent, …
Inspired Entertainment has netted a content supply deal with Novomatic’s Italian gaming platform until 2022. Two Inspired games will initially rollout across Novomatic’s Italian retail estate totalling over 30,000 terminals, with the potential for further titles and exclusives in the future. “Inspired is delighted to be partnering with Novomatic in this exciting and strategic deal,” Luke Alvarez, President and …
Greek gaming firm Intralot has named Michael Kogeler as group chief operating officer responsible for coordination of the Group’s worldwide business operations, relationships with partners and customers and trading operations. Kogeler joins the company having held several senior positions at Microsoft over the past fourteen years including general manager of Central and Eastern Europe, chief operating officer and chief …
Sportsbetting provider Kambi Group plc reported a robust performance in its first quarter 2018 financial report. Key performance indicators for the 12 week period ending March 31, 2018 include: Revenue amounting to Euro 16.4 million (Q1/2017: Euro 14.2 million), 15 percent. 42 percent increase in operating profit (EBIT) amounting to Euro 2.0 million (Q1/2017: Euro 1.4 million) …
Slots developer Wazdan has clinched a content supply deal with ALEA and their flagship brands SlotsMillion and LadyLucks. Wazdan’s full portfolio over 100 plus HTML5 titles will be offered to SlotsMillion and LadyLucks’ customers including popular slots Great Book of Magic Deluxe, Valhalla and Wild Guns. “We are fully dedicated to making sure our players have an amazing experience when they play …
Sweden’s Gambling Authority, Lotteriinspektionen, published its 2017 gambling statistics report Wednesday revealing a relatively flat market in terms of licensed operators with marginal growth driven by online gambling. Key figures from licensed operators include: Total stakes of SEK 48 billion (2016: 47 billion). Gross gaming revenue (GGR) of SEK 17.2 billion (2016: SEK 17.1 billion). The authority splits …
Yggdrasil Gaming has launched its first co-produced White Label Studios game, ‘Royal Family’ exclusively with LeoVegas. The five-reel, four-row, 25-payline Royal Family includes collectable Feature Prizes, a Royal Chest and a Free Spin mode with sticky wilds, with a choice of 12 bonus features. The game will be marketed as part of the LeoVegas Originals …
Slots developer Play’n GO released a new Ancient Egyptian-themed slot title, ‘Legacy of Egypt’ this week. This five-reel, 30-line slot explores the land of the Pharaohs where powerful gods and wealthy leaders compete on the reels. Features include wild Scarab and free-spin Pyramid scatter symbols to assist winning combinations in unlocking the prize puzzle. When …
Betsson AB (publ) has reported first quarter results with a decline in EBIT attributed to negative currency fluctuations, increased marketing spend and a disappointing return from recent acquisitions. Key metrics for the 12-week period ending March 31, 2018 include: Group revenue of SEK 1,210 million (Q1/2017: SEK 1,102 million), up 10 percent with an organic …
Cherry AB subsidiary ComeOn Malta Ltd has appointed Lahcene Merzoug as managing director succeeding Tomas Johansson who has been overseeing the position in an acting role. Merzoug joins the company from Mr Green where he served as chief marketing officer. He previously held senior roles at Evoke Gaming and is described as having a solid …
Kindred Group plc’s first quarter financials reveal a strong performance highlighted by a 34 percent increase in gross winnings revenue on the mobile channel year-on-year which now accounts for 72 percent of the group’s total gross winnings revenue. Key performance indicators for the 12-week period ending March 31, 2018 include: Gross winnings revenue of GBP …
The Norwegian Gaming Authority has begun a consultative period on its proposed regulations to further restrict competition to the state-owned gambling monopoly Norsk Tipping and Norsk Rikstoto. The consultation period will end August 15. The proposals include a tightening of regulations on financial transactions with unauthorised operators, a measure already in force that requires banks …
Inspired Entertainment, Inc. has launched a range of new and upgraded content in retail venues and online with Italian operator, SNAITECH. SNAITECH’s Italian retail estate has launched Inspired’s Mike Tyson Boxing on a mixed Virtual Sports channel while a bespoke lane-based version of Inspired’s Rush Sprints 2 product will be added to SNAITECH’s dedicated racing channel. In addition, an additional ‘QUAD’ …
Jackpotjoy has taken a range of Gamesys content live on its Vera&John brand delivered via its in-house proprietary platform. The deal marks Vera&John as Gamesys Games’ first B2B content partner offering titles that include Tiki Island, Secrets of the Phoenix and Double Buble to selected markets outside the UK. “We have a great relationship with Gamesys, following the acquisition of …