The Stars Group subsidiary Stars Interactive Holdings has sold off its entire shareholding in online gambling group Jackpot Joy plc, according to reports in the UK investment press. The reports advise that Stars originally planned to offload around half of its shareholding (2.8 million shares) but has now sold its entire 5.6 million shareholding – …
Microgaming report that a player on the software provider’s Mega Moolah progressive slot at the Grand Mondial online casino hit a significant jackpot…on his first day after signing up. The player, who has elected to remain anonymous, won Euro 938,306.35 on November 15 and has been paid out in a single tranche. Regrettably the press …
A little over a year from the first moves to clarify the status of daily fantasy sports in Ohio, the state Senate has passed bill H132, which in late May this year sailed through the House on an 82 vs. 15 vote before being referred to the Senate. The bill has now been referred to …
Yggdrasil Gaming transports players on a virtual trip to remember in its new slot release, themed on the famous Orient Express. Passengers will start the luxurious journey in Paris, spinning their way to Istanbul, and stopping in Venice and Belgrade on the way, and seeking opportunities to win rewards via free spins and unique features, …
Malta-based online gambling games developer Pragmatic Play has announced the launch of Santa, a new video slot arriving just in time for the festive season. The theme sees Saint Nick spread festive cheer across the reels of the 3×5 slot, set against the backdrop of a snow-shrouded pine forest. The game blends a classic Christmas …
The latest numbers from the UK Gambling Commission, covering the period April 2016 to March 2017, show that online gross gambling yield (GGY) totals GBP 4.7 billion – a 10.1 percent year-on-year rise, and an improvement on the GBP 4.5 billion generated between October 2015 and September 2016. The gambling sector as a whole delivered …
GVC Holding’s decision to offload its Turkish interests earlier this year (see previous reports) has turned out to be a timely move as news emerged this week that gambling financial transactions are going to be more closely scrutinised and monitored. The Trend news agency reports that the Turkish Banking Supervision Body has confirmed that restrictions …
Australian gambling supplier Aristocrat reports that it has acquired social casino company Big Fish Gaming from Churchill Downs for US$990 million, making it the second largest social casino publisher by revenue in the sector. Trevor Croker, Aristocrat’s chief executive officer, said: “The strategic and financial benefits from the acquisition are highly compelling. The acquisition of …
Australian gambling group Tabcorp has bought off CrownBet’s opposition to its merger plans with Tatts by agreeing to supply a digital stream of SKY1 and SKY2 racing content for the personal use of CrownBet’s Australian wagering customers. The agreement also carries an annual fee payable by CrownBet that has not been disclosed. In a company …
Former Amaya CEO David Baazov, already facing insider trading charges in Quebec over the $4.9 billion Rational Group acquisition (see previous reports) has had more stress placed on him this week by the news that a Kenyan charity has launched litigation claiming payment of a Sh73 million (US$ 707,000) obligation. Local media reports name the …
High 5 Games has entered into its first third party content supply agreement with Australian development studio Lighting Box for the provision of five titles which will launch exclusively over the next 12 months on High 5 Casino. Chilli Gold will be the first to roll out next week, followed by Silver Pride in early …
Enigmatic software developer Nuworks Games has launched a new festive season-themed slot titled ‘Silver Bells’. Silver Bells offers a Free Spins bonus feature triggered by silver bells scatters. Three or more Silver Bells trigger up to 75 free spins where prizes are tripled. As an added bonus, if no Wilds have appeared in the triggering …
A Ninja Casino customer has won a SEK 1.2 million (Euro 122,000) jackpot playing Play’n GO’s Book of the Dead slot game. The jackpot was paid into the winner’s bank account in record time by the Global Gaming flagship brand using the company’s payments solution which connects player accounts directly to their bank accounts via …
Microgaming powered Prima Networks has signed a reseller deal with prominent Italian operator Microgame S.p.A. Under the terms of the deal, Microgame and its partners will gain access to the largest game portfolio in Italy, with over 250 slots and table games from Microgaming. Microgame’s total network in Italy spans 130 different brands and over …
Canadian-based Pollard Equities Limited (Pollard), a company that holds an approximate 73.5 percent ownership interest in Pollard Banknote Limited (Banknote) has purchased four million warrants to acquire ordinary shares of NYX Gaming Group Limited for an aggregated price of CDN$0.03 per warrant, an early warning report details. Assuming Pollard exercises all the Warrants it owns, …
The Russian government’s strategy to significantly ramp up taxes on gambling in the future (see previous reports) has started, with President Vladimir Putin signing two tax bills into law this week which will impact operators and payment hubs (TSUPIS). The increases are nationwide and range from RUB 50,000 (US$860) to 250,000 ($4,300) for a gaming …
For the umpteenth time the Paddy Power online and land betting group has been hauled over the coals by the UK Advertising Standards Authority, which has condemned one of the betting group’s video ads as “socially irresponsible”. The material was aired in August this year and triggered two complaints that it implies that it is …
Online gambling technology and games provider opens new office on The Rock. Online gambling technology and games provider Playtech plc has expanded its operational activity in Gibraltar (one of several Playtech centres around the globe) with the opening of a new office at the World Trade Centre complex on The Rock. Opening the new offices, …
John Rau, deputy premier and attorney General for the South Australian provincial government, made some startling if unsubstantiated allegations against online gambling operators in the provincial parliament this week, threatening to name and shame non-compliant operators, and calling for a crackdown on advertising and cold calling that allegedly targets minors. Rau wants operators to obtain …
The US independent research and consulting group Spectrum has published its annual assessment of the gambling industry and its direction of travel next year, commenting that “…2018 should prove to be the most significant as political, technological, demographic and regulatory changes converge in markets around the world.” Spectrum Managing Director Michael Pollock listed the following …
The Ministry of Finance of Argentina’s Province of Córdoba has indicated the implementation of a 10.5 percent tax on all online wagers effective January 1, 2018. The Ministry, which expects to rake in annual taxes for 2018 of around US$4.3 million, forecast to double in 2019, has indicated credit card companies will be required to …
Spain’s gambling authority Dirección General de Ordenación del Juego (DGOJ) hosted a delegation from the General Directorate : Ministry of Finance of the People´s Republic of China at its offices Monday. The bilateral meeting reportedly covered in-depth information on the DGOJ’s lottery and online gambling regulatory systems, among other topics.
Gambling.com, a digital marketing and affiliate network in the online gambling industry, has reported that it has successfully completed its planned capital raising for the year at Euro 16 million, which is being spent on new acquisitions. Using a series of convertible bond issues that were snapped up by mainly Nordic investors, attracted by a …
The Australian gambling group Tatts released its fiscal Q1 results this week, noting that significant growth in its digital operations has made a valuable contribution to the group results. Highlights of the report include: * Group revenue up 6.8 percent year-on-year at A$ 743.1 million; * Net profit after tax up 14.8 percent at A$ …