Gambling news - page 406

Company financial officer blew a quarter million Euros on internet gambling

22 Jan 2018

The Galway Circuit Court in Ireland was the scene of a hearing this week in which a 26-year-old financial officer at the Galway City Bin Company, Mark Hehir, was sentenced. Last May, Hehir pleaded guilty to 10 sample charges from a total of 72 on the charge sheet detailing fraudulent transactions he made in siphoning …

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Former congressman attacks Republican attempts to reverse OLC opinion on internet gambling

22 Jan 2018

Former Congressman and respected Republican politician Ron Paul came out with all guns firing over the weekend in a hard-hitting opinion piece in Newsweek which condemned attempts to undermine the authority of individual states on the online gambling issue. Paul was reacting to a letter to Deputy Attorney General Rod Rosenstein from four Republican congressmen …

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Swiss action groups assemble enough signatures to force a referendum on new gambling law

20 Jan 2018

The Swiss government has now been placed on course to hold a public referendum on new gambling laws introduced last year which legalise online gambling, providing it remains the exclusive preserve of existing Swiss land casino operators (see previous reports). Civil society, internet service providers and internet freedom action groups are particularly concerned about enforcement …

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Online social casino provider plans IPO

20 Jan 2018

Las Vegas-based online social casino and electronic games provider PlayAGS has filed plans for a $174 million IPO, according a report on the publication SeekingAlpha this week. Founded in 2005, the company has grown into a significant B2B and B2C provider with 550 employees focussed mainly on the North American market but with activity in …

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CrownBet suspends plan to provide sports betting services to Australian clubs

19 Jan 2018

Australian online bookmaker CrownBet has reportedly abandoned its ambitious 10-year plan to provide online sports betting services to 1,200 clubs across New South Wales, a move that threatened the dominance of the TAB and was fiercely opposed by Tabcorp. The deal included advertising and new technology for club patrons to gamble on the CrownBet phone …

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Spillane the new marketing chief at Paddy Power Betfair

19 Jan 2018

The departure of Paddy Power Betfair marketing director Mark Singleton to Photobox (see previous report) has created an opportunity for former television marketing head Michelle Spillane, who has been appointed marketing and brand director for the UK and Ireland at the betting group. Spillane was previously employed as marketing director at Irish national TV broadcaster …

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XLMedia buys Finnish affiliate websites for euro 15 million

19 Jan 2018

The Finnish affiliate marketing network Good Game Limited has sold several of its successful operational websites to XLMedia in a deal that could total Euro 15 million. The sites include Nettikasinot.com and Netticasinot.com and the agreement is expected to close before the end of Q1-2018, a company statement advised Friday. The agreement covers content management …

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NetEnt to develop online slot themed on Sony’s Jumanji brand

19 Jan 2018

Swedish online gambling games and software developer NetEnt announced Friday that it is developing Jumanji as its latest branded game in collaboration with Sony Pictures Entertainment The developer has signed an agreement with Sony Pictures Consumer Products to launch a video slot machine game based on the original Jumanji film. The new Jumanji game, which …

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Dutch government unlikely to sell land-based casinos before 2020

19 Jan 2018

The state-owned Holland Casino land gambling group, for some time now the target for privatisation, is unlikely to be sold before 2020, according to a parliamentary briefing by junior finance minister Menno Snel. Like the country’s snail-like approach to online gambling legalisation, that’s several years later than planned, according to the publication Dutch News NL. …

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Russian online gambling developer signs up 2WinPower

19 Jan 2018

The Russian land and online games and software developer Igrosoft has inked a content supply agreement with 2WinPower, provider of online gambling turnkey platforms along with land and online slots, which has taken on board Igrosoft’s library of HTML5 games. The package includes games like Lucky Haunter, Crazy Monkey, Sweet Life, Fruit Cocktail, Garage, Resident …

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Dench turnkey online gambling platform ordered by Latvian operator

19 Jan 2018

Turnkey online gambling platform provider Dench eGaming Solutions has secured a deal to provide its full platform to Latvian land and soon online gambling operator Klondaika (aka Furors), with the platform scheduled to go live at Klondaika.lv in April 2018. Dench CEO Dobromir Mitev says the deal is strategically important as it supports the investments …

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Online gambling shirt sponsorships under fire again

19 Jan 2018

A new study by Goldsmiths University in London has again focussed attention on the need for both football clubs and the online gambling companies that sponsor their shirts to exercise more compliance with the policy of excluding gambling logos or slogans on children-sized shirts or promotions using youthful players. Three of the nine Premier League …

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Fortuna posts an optimistic trading update

19 Jan 2018

Eastern European online and land gambling group Fortuna Entertainment has issued a trading update declaring management’s confidence that the group will meet its FY2017 targets following a buoyant final quarter. Management expects to achieve group revenue of Euro 1.9 billion, and has raised its FY EBITDA growth estimate to between 135 and 155 percent, well …

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Online gambling trade body lays complaint regarding Norway’s payment blocking

18 Jan 2018

The European Gaming and Betting Association (EGBA) has asked the Norwegian Data Protection Inspectorate (DPI) to investigate a Norwegian payment blocking scheme for privacy breaches. EGBA claims that the implementation by the Norwegian Gaming Authority of payment blocking violates the privacy rights of Norwegian citizens when conducting online payments. The scheme established by the Norwegian …

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Consolidation continues in the affiliate marketing sector

18 Jan 2018

This week’s news that affiliate marketing network Catena Media has made another acquisition has again highlighted the consolidation taking place in the affiliate marketing sector of the industry. Stockholm-listed Catena grew its German market influence with the acquisition for Euro 9.5 million of the Dreamworx Online sports betting, casino and financial services network, which includes …

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Vancouver-based daily fantasy sports provider opens in Italy

18 Jan 2018

Vancouver-based daily fantasy sports provider Global Daily Fantasy Sports has launched its Italian facing DFS network in partnership with major Italian operator Lottomatica Scommesse S.r.l. A statement from the company Thursday claims that the provision of Global’s DFS product with Lottomatica acting as the network head enables Italian gaming operators to join the network and …

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Revenues looking better at French gambling group

18 Jan 2018

The French online and land gambling group Pari Mutuel Urbain (PMU) has posted its first positive year-on-year annual revenue increase since 2011, reporting provisional operating revenue of Euro 9.92 billion in Full Year 2017 – a rise of 2 percent over the preceding year. French turnover on racing rose 0.9 percent, but sports turnover declined …

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Microgaming to add Playboy branded slot to its range

18 Jan 2018

Microgaming has announced that it is adding another branded title to its slot portfolio with Playboy Gold. The new title joins Playboy’s popular original Playboy online slot which launched five years ago, as well as the Playboy Live Dealer, the industry’s first branded Live Dealer studio. Scheduled for launch on March 7 this year, Playboy …

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Galabingo.com renews sponsorship with ITV’s ‘The Chase’

18 Jan 2018

UK online bingo brand GalaBingo.com has re-signed a media deal with ITV’s daytime quiz show, The Chase, following a successful year’s partnership. The sponsorship will be renewed for 2018 and will see GalaBingo.com appear as the main sponsor for The Chase, appearing on ITV during weekdays between 5 and 6pm. The deal will give the …

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GVC Holdings issues update on proposed acquisition of Ladbrokes Coral

18 Jan 2018

GVC Holdings plc has issued an update on progress in its proposed acquisition of Ladbrokes Coral plc, advising: * The Scheme Document, which will contain further information about the acquisition and notices convening the Court Meeting and the Ladbrokes Coral General Meeting, is expected to be published and sent to Ladbrokes Coral Shareholders in early …

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Colossus Bets loses CTO

18 Jan 2018

Bernard Marantelli, chief executive of Colossus Bets, has announced the departure of chief technical officer Myles Milston, who is joining the venture fund Globacap. Marantelli acknowledged that Milston had been a key member of management who had played a valuable technical role in the company’s development, and announced that his responsibilities will be taken up …

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Consultant appointed CEO at VSoftCo

18 Jan 2018

Chris Davies, an online gambling consultant with more than 30 years’ experience in multinational companies, most notably as CEO of Webtech, has been appointed chief executive officer of virtual sports provider VSoftCO following a six month stint with the company as a consultant. Davies will report directly to the board of directors and will have …

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Play’n Go acquires gaming provider PGS

18 Jan 2018

Omni-channel slots developer Play’n GO has announced its acquisition of gaming supplier Proactive Gaming Scandinavia AB, which it says will expand its range of products. The company did not disclose the consideration paid for the asset. The purchase sees Play’n GO follow its strategic growth plan by adding a company which can provide additional gaming …

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Daily fantasy sports legalisation bill stalls in Nebraska

18 Jan 2018

A proposal to legalise daily fantasy sports by defining the genre as a skill game has stalled in the Nebraska Senate after a fierce debate. The bill – LB 469 – was introduced by state Senator Tyson Larson, who argued that the measure is intended to protect Nebraska consumers by imposing strict requirements on companies …

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