Gambling news - page 364

Rank Group appoint O’Reilly as CEO

30 Apr 2018

O’Reilly brings over two decades of industry experience to the table, Rank said, most recently serving as a non-executive director on the William Hill Board and as chairman of digital design and development business, Grand Parade Limited.  Prior to these, he has held various senior positions in the industry including managing director of Coral Interactive …

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Betsoft signs content deal with Groove Gaming

30 Apr 2018

Betsoft Gaming has extended its reach in key European markets, signing a comprehensive content deal with casino consultants Groove Gaming. The agreement is all-encompassing: Groove Gaming will add every game from the developer’s Slots3 series, along with the complete collection of Betsoft table games, to its library of more than a thousand titles. Based in …

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Gambling groups appeal to UK government on FOBT issue

29 Apr 2018

The BBC reports that several British gambling firms have penned a letter to the UK government Culture Secretary Matt Hancock, appealing for more consideration before any radical cuts to Fixed Odds Betting Terminal maximum stakes are brought into force. The groups reportedly include Ladbrokes’ owner GVC, William Hill, Betfred, Scotbet, and Jenningsbet, who claim in …

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Private equity group acquires Spanish gambling group

29 Apr 2018

The Spanish gambling group Cirsa and private equity fund manager Blackstone Group have jointly announced an acquisition agreement that will see Blackstone acquire Cirsa’s casino, bingo and sports betting operations in Spain, Italy and Latin America, but not the business in Argentina, which continues to operate separately, helmed by Cirsa founder Manuel Hernandez. The consideration …

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NSoft provides sports betting solution to Romanian gambling firm

29 Apr 2018

Sports betting solutions and platform provider NSoft has strengthened its market position in Romania by providing a sportsbook and virtual games software solution to Bingo Bet. The offer includes virtual games Lucky Six, Greyhound Races and Lucky X. The sportsbook package represents a comprehensive software solution including Pre-Match Betting and Live Betting. It is a …

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Malta cabinet approves cryptocurrency bills

29 Apr 2018

The Malta government’s Cabinet has approved three cryptocurrency bills, which will be subjected to a public consultation process in the near future prior to being introduced to parliament. The bills are the Virtual Financial Assets Bill, which provides the regulatory framework for cryptocurrencies and initial coin offerings (ICOs); the Malta Digital Innovation Authority Bill and …

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Digital boosts growth at Svenska Spel in Q1-2018 performance

29 Apr 2018

According to Q1-2018 performance statistics released Friday by gambling regulator Lotteriinspektionen, Sweden’s national gambling operations achieved online and land turnover growth of 2.8 percent year-on-year at SEK 5.63 billion. SEK 4.13 billion was generated by locally licensed digital and land activity, a 1.1 percent y-o-y overall decline in turnover, whilst internationally licensed operators accessing the …

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Gamstop now live with some major online gambling groups

28 Apr 2018

GAMSTOP, the UK national self-exclusion system pioneered by the Remote Gaming Association and the UK Gambling Commission, is now live with a number of major UK-licensed online gambling groups, including Ladbrokes and Paddy Power Betfair. ‘ Forum reports from players who have tested the system indicate that it is fast, easy to use and effective. …

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Online casino launches its own live talk show

28 Apr 2018

Lets Bet, the live dealer and RNG online casino enterprise founded by former NetEnt and Leo Vegas execs Michael Pedersen and Stefan Lind, has enhanced its social interaction offering to players with the launch of a live streamed online casino talk show, offering interactive entertainment seven hours a day between 6pm and 1 am. The …

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A new haven for online gambling operators?

28 Apr 2018

The autonomous Spanish cities of Melilla and Ceuta, situated on small enclaves on the Moroccan coast across the Mediterranean from Gibraltar, could become attractive online gambling hubs if Spanish tax proposals are accepted, according to an assessment by Spanish legal experts Loyra Abrogados, The rationale for further tax breaks in these small formerly freeport enclaves …

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Proposal to remove sunset clause in daily fantasy sports bill

28 Apr 2018

An amendment that would remove the July 2018 “sunset” provision in a 2016 Massachusetts daily fantasy sports legalisation bill has passed in a committee and House budget vote Friday and now awaits action in the Senate. Proposed by Representative Mark Cusack, the so far successful amendment has been applauded by DFS market leader DraftKings, which …

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Metrics going in the right direction for Mr Green

27 Apr 2018

The Mr Green online casino group has posted a strong Q1-2018 performance with good organic growth, highlighting: * Total revenues of SEK 381 million up 38 percent y-o-y; *  EBITDA up 34 percent at SEK 46 million; * Customer deposits up 40 percent at to SEK 1.1 billion. * The group completed its acquisition of …

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InPlayNet touts new online gambling platform

27 Apr 2018

InPlayNet issued a statement Friday touting its in-house developed new multi-vertical online gambling platform, set for roll-out in Q4 this year. The statement informs that the new platform is a result of more than three years of research, development and coding, using the latest technologies, and is fully responsive on all devices. This applies not …

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Realistic Games upgrades Tutankhamun slot

27 Apr 2018

Online casino content supplier Realistic Games has re-launched an updated version of one of its most popular games, Tutankhamun Deluxe. The upgraded game is a five-reel, 20-line slot which has been re-purposed in HTML5 as the company continues to phase out its flash portfolio of titles. Tutankhamun Deluxe is now a full-page game, meaning it …

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Forthcoming Chinese government ban on social poker games hits company share prices hard

27 Apr 2018

Shares in Chinese companies offering online and mobile social poker games have shed up to a fifth of their value over the past week, following reports in local media that the government would ban all poker-related applications from June 1 (see previous reports). The Reuters news agency has developed the story, which broke a week …

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Majority of Americans in favour of legalised sports betting

27 Apr 2018

With the decision of the US Supreme Court in the New Jersey sports betting case (hopefully) imminent, the industry considered the results of a new Seton Hall poll this week. The poll showed that by a margin of 55 percent vs. 35 percent, Americans favour legalised betting on sports events…and by a margin of 48 …

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Philippines commission recommends separation of functions at PAGCOR

27 Apr 2018

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 …

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Legalised online and sports gambling attractive to Churchill Downs

27 Apr 2018

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 …

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Pinnacle launches new B2B ‘Pinnacle Solution’

26 Apr 2018

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 …

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Online sports betting operator extends cricket sponsorship

26 Apr 2018

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 …

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Gambling Business Group suggests separate regulator for video game sector

26 Apr 2018

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 …

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Chinese police bust US$ 34 million online gambling ring

26 Apr 2018

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, …

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Red Tiger Gaming launches Laser Fruit

26 Apr 2018

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 …

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Pragmatic Play turns up the heat with Fire 88 online slot

26 Apr 2018

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 …

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