Gambling news - page 390

Kenyan operators lose fight against government’s 35 percent tax

29 Dec 2017

In Kenya, the Association of Gambling Operators, which represents online and retail sports betting companies, has lost its challenge to the government’s 35 percent tax levy (see previous reports) in the High Court. On Thursday Justice John Mativo dismissed the challenge after the Association claimed that the high rate of taxation would kill mainstream firms …

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Vampire theme in latest online slot from Wazdan

29 Dec 2017

The latest game release from online gambling games developer Wazdan would have perhaps been more relevant a month or so back when rivals were all launching slots with horror themes to mark Halloween: Wazdan’s Dracula’s Castle would have certainly been a great fit for the period with its ghoulish and rather bloodthirsty graphics, chilling sound …

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Genesis hits the ground running in 2018

28 Dec 2017

Online gambling games developer Genesis plans to get 2018 off to a flying start with the release of three new slot; a classic single-lined game titled FaFaFa, the manga-inspired Fire & Ice Island, and the lucky Chinese-themed Da Hong Bao, FaFaFa is a, Asian-themed single-lined slot game that draws inspiration from the original slot machine …

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Scientific Games attacked for social casino games

28 Dec 2017

The UK newspaper The Guardian, which is becoming well-known for its numerous anti-gambling articles, has focused its latest attack on US developer Scientific Games, pointing out that in addition to providing FOBTs to Ladbrokes and casino games for several online gambling websites, the developer makes a variety of its games available in the social casino …

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New slot from Swedish developer Elk Studios

28 Dec 2017

The latest slot from Swedish developer ELK Studios is a five reel, 178 ways-to-win game with a pirate theme titled Wild Seas. The theme takes players to the Caribbean and the dangerous era of the pirates, who plunder merchant convoys off Port Royale and carouse  after cashing in their spoils in the port. The central …

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New York governor signs new charity online raffle law

27 Dec 2017

On Christmas Eve New York Governor Andrew Cuomo signed into state law the Charitable Gaming Act, which represents another step towards the expansion of online gambling because it permits online lottery activity, albeit for charitable causes, along with the use of credit and debit cards to buy tickets. Reporting on the new law, the Buffalo …

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Comics company registers trademarks in gambling categories

27 Dec 2017

The recent move by DC Comics to register several of its trademarks (The Dark Knight, Green Lantern, The Flash, Man Of Steel and Wonder Woman) in gambling and entertainment categories is being interpreted as a protective strategy by the company rather than an actual move into the gambling operational sector. Gamblers will already be aware …

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BetSpin exits the UK market

27 Dec 2017

BetSpin, an online casino licensed by the UK Gambling Commission under parent company MT SecureTrade Limited of Malta, advised its players and affiliates earlier this month that with effect from December 22 it will reject all attempts to deposit in preparation for a full closure to UK players on January 19 2018. The casino’s advisory …

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New Jersey assembly under fire for new online racetrack legislation

27 Dec 2017

The approval by the New Jersey House of Assembly earlier this (December) month of a proposal that casino gambling via the internet be permitted has come in for some flak from the media, which reminds lawmakers that New Jersey residents overwhelmingly rejected the idea of expanded casino gambling beyond Atlantic City last year in a …

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Bitcoin begins to recover one week after crash

27 Dec 2017

Last Friday’s spectacular 30 percent plunge in the value of the hitherto booming Bitcoin cyber-currency, which saw it retreat from almost $20,000 to just over $10,400 (see previous  report) has been ameliorated by a rebound to just over $16,000 on the Coinbase exchange on Wednesday 27 December. Rival currencies litecoin and ethereum were up 4.4 …

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Irish finance minister ditches proposed gambling tax increase

27 Dec 2017

Paschal Donohoe, the Irish Minister of Finance, has announced that the government will not impose a doubling of the tax rate on gambling operators…at least not in the 2018 budget, although the possibility may be revisited at some future point. Donohoe’s finance department had presented three options that could have raised up to Euro 50 …

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Belize-based Xwin cryptobet raises a million dollars in pre-ICO sale

26 Dec 2017

Belize-based Xwin CryptoBet has announced that it has raised a million dollars in a pre-ICO sale of tokens, thanks to a 3,000-strong sports betting community it has already attracted. The organisation plans to operate an online Ethereum cyber-currency eSports betting site in 2018, and claims strong interest from unidentified South Korean and Japanese venture capital …

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Families of problem gamblers empowered by new rules in Japan

25 Dec 2017

The families of problem gamblers are soon to be empowered to have their loved one’s online racing betting accounts blocked, according to a report in the Japan Times Monday. The Japan Racing Association has drawn up a new system for implementation early in the new year that allows families to make application for their loved …

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China lottery sales continued to rise in November

25 Dec 2017

China’s Ministry of Finance has released sales numbers for the nation’s popular Welfare and Sports lotteries, reporting an overall 11.8 percent year-on-year increase to 38.56 billion yuan (about US$ 5.82 billion ) The state news agency Xinhua reports that sales of Welfare lottery tickets increased 8.6 percent year on year to 19.4 billion yuan last …

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Games developer BetGames TV to provide content to Bulgarian operator

23 Dec 2017

Games developer BetGames TV has landed its first Bulgarian content deal, inking an agreement with online betting and casino operator EFbet for the provision of live dealer games. The package includes Bet on Poker, Bet on Baccarat, Dice, Dice Duel, Lucky5, Lucky6, Lucky7, War of Bets and Wheel of Fortune, for desktop and mobile, which …

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GVC acquisition of Ladbrokes Coral a new challenge for Hornby?

23 Dec 2017

It appears from an article in The Times on Saturday that former banker and Ladbrokes Coral chief operating officer Andy Hornby (50) will be appointed the chief operating officer of the combined GVC Holdings and Ladbrokes Coral group, responsible for all retail betting in the UK and Europe and all digital marketing. The merger is …

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Volatile Bitcoin takes a dive

23 Dec 2017

The volatility of cyber currencies, now in wide use in the online gambling industry, was dramatically illustrated Friday as Bitcoin prices plunged over 30 percent, triggering a domino-effect among other crypto-currencies available on the unregulated market. The Telegraph newspaper reported that Coinbase, a major cyber currency exchange, has temporarily disabled buying amid a massive sell-off …

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Sweeping changes proposed for UK horse racing subsidy

22 Dec 2017

UK government wants to do away with Horserace Betting Levy Board and empower the Gambling Commission to take up its responsibilities. Radical changes to the administration of the UK horse racing industry’s levy paid by bookmaking firms have been proposed by the government’s Department for Digital, Culture, Media & Sport in its second round of …

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Cherry Group uses option to acquire remaining available shares in Game Lounge

22 Dec 2017

The Cherry gambling group has revealed that it has decided to exercise its option to acquire up to 100 percent of the shares in the affiliate company Game Lounge Ltd. The purchase price for an additional 44 percent of the shares is based on a multiple of 4.5 times the 2017 profit of the affiliate …

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Habanero clinches content deal with Digitain

22 Dec 2017

Multi-channel sports betting and casino platform provider Digitain is set to integrate content from online slots and table game developer Habanero. Among the games made available to Digitain operator partners via the deal will be Habanero’s latest release 5 Mariachis, as well as a popular titles Rolling Roger, The Dead Escape, and Panda Panda. The …

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Spain’s “The Fat One” lottery draw takes place tonight

22 Dec 2017

Millions of Spaniards and other European punters will be avidly watching the spectacular annual lottery draw for prizes totalling around Euro 2.4 billion. The televised annual drawing of Spain’s El Gordo (The Fat One) Christmas lottery will again grab the attention of millions of hopeful ticket buyers tonight (Friday) in a spectacular 08h00 GMT presentation …

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Red Rake Gaming launches new online slot

22 Dec 2017

Spanish online gambling games developer Red Rake Gaming has announced the launch of its latest online slot, an ancient Egyptian themed game titled the Asp of Cleopatra. The theme is inspired by the legend of Cleopatra and her unfortunate end via a self-induced snake bite after her forces were defeated by the Roman legions. One …

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Ladbrokes Coral and GVC seal acquisition deal

22 Dec 2017

The GVC Holdings acquisition of Ladbrokes Coral is on, according to UK media reports early Friday, which advise that GVC has agreed to buy its rival for GBP 4 billion. The online gambling group, which owns brands such as Bwin, Sportingbet, PartyPoker and Foxy Bingo, confirmed it is to pay 32.7 pence in cash and …

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Live dealer provider to stream from U.S. land casino

22 Dec 2017

Live dealer technology and games provider Authentic Gaming has signed a partnership with Foxwoods Resort Casino to live-stream roulette games from its casino floor to online players. Foxwoods Casino Resort is North America’s largest resort casino, and the fifth largest in the world, featuring over 9 million square feet of gaming, dining, hotel, shopping and …

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