Gambling news - page 421

Russian finance ministry confirms significant rise in gambling taxation

7 Oct 2017

Speculation on an increase in Russian gambling taxes has been rife for months, and on Friday the worst fears of operators were realised when the Russian Ministry of Finance formally announced through its budget notifications that gambling taxes will double from January next year, rising ten-fold by 2020. Apparently undeterred at the possibility of killing …

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U.S. Indian operators study future business opportunities

7 Oct 2017

Online gambling and daily fantasy sports are among the future business opportunities a new US study group will be considering following the unofficial formation of the Indian Sports Betting Working Group (ISBWG) last week. The group is tasked by the National Indian Gaming Association (NIGA) to explore how the $31.2 billion tribal gambling industry can …

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Nektan improves CRM and business tools

6 Oct 2017

International B2B gaming solutions and services provider Nektan plc claims it has significantly enhanced its player management offering by partnering with Newlette, a company which uses science to increase customer lifetime value, loyalty and entertainment. Through 48 machine learning algorithms, Newlette models player behaviour, presenting the optimum offers and bonuses, based on individual playing styles, …

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Veteran industry exec joins daily fantasy sports provider

6 Oct 2017

Johan Öhman is a name well known in the online gambling industry as a competent executive who was CEO at NetEnt between 2006 and 2011, and NetEnt and Betsson sales chief in the three years preceding that. He holds a master’s degree in economics from Lunds University and an MBA from the University of Reading …

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Has NetEnt developed a new way to present reels?

6 Oct 2017

Online gambling software and games developer NetEnt has created more than a little curiosity with a leak regarding a forthcoming slot set for release in the third week of November titled Finn and the Swirly Spin. The title and an accompanying example of the artwork has triggered speculation that NetEnt has departed the traditional manner …

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Revenues up at U.S. land casinos in August

6 Oct 2017

Official figures for land casino operations (excluding the $30 billion annually earned by tribal casinos) across the United States show that in August revenues rose 4 percent year-on-year to over $3.4 billion. Nevada gambling businesses delivering 29 percent of the total as its August numbers soared 15 percent on the back of the McGregor vs. …

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Online rummy operator loses fight in Indian supreme court

6 Oct 2017

The Indian online rummy operator Krida Sports and Games Private Limited has lost its petition to the Indian Supreme Court in Delhi, which on Friday refused to entertain the company’s challenge of the validity of online gambling bans legislated by the states of Telangana, Andhra Pradesh and Tamil Nadu. A bench headed by Justice Madan …

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eSports operator plans to buy betting exchange software provider

5 Oct 2017

Antigua-based online eSports betting specialist Esports Entertainment Group has announced that it is in negotiations to acquire betting exchange software developer Ardmore Investments, a subsidiary of Swiss online gambling software developer Swiss Interactive Software GmbH. Ardmore developed and owns the source code for betting exchange software used to create Esports Entertainment’s wagering platform, as well …

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New slot from Quickspin due next week

5 Oct 2017

Due for release on October 10, the latest online slot from Quickspin has a number of innovative features, including a variable number of reels; the game starts with a 3 reel and 3 line layout delivering 27 win lines, but changes to a 5×3 format and 243 ways-to-win as the action advances, with special re-spins …

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Kindred Group to drop Stan James brand in the UK online market.

5 Oct 2017

The well-known Stan James online sports betting brand will be less visible in the British market in the future following a decision by owner Kindred Group to do away with the brand in favour of focusing UK market efforts and resources through its Unibet brand. Kindred CEO Henrik Tjärnström said this week that his group …

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U.S. games developer prepares for the Japanese gambling bonanza

5 Oct 2017

US games developer Spin Games LLC is looking ahead to a future in which it is possible that land casinos will become part of the Japanese gambling scene (see previous  reports), signing a partnership deal with the Nagoya-based Japanese firm EIBIC involving games development and distribution. EIBIC will assist Spin Games to create a new …

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Mega Moolah progressive slot delivers another multi-million Euro jackpot

5 Oct 2017

Microgaming’s progressive online slot Mega Moolah has made another multi-millionaire, the online gambling and software provider announced Thursday. The mega progressive was hit on Monday 25 September 2017 by a Unibet player, providing a Euro 7,742,015.53 pay day and the second largest prize to be won on Microgaming’s progressive jackpot network this year, following the …

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Search warrant-happy Philippines judge suspended

5 Oct 2017

Memories of the questionable police raids on online gambling support centres in the Philippines in 2013 were revived this week with the news that the judge who issued the search warrants on rather dubious grounds has been suspended without pay for two years. The issue was considered by the Supreme Court of the Philippines last …

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Peru regulator seeks more clarity on online gambling

5 Oct 2017

The rather laissez faire approach to online gambling that is currently the case in Peru could change if the national gambling regulator La Dirección General de Juegos de Casino y Máquinas Tragamonedas (DGJCMT) has its way…the head of the organisation has renewed its push for legislation bringing more clarity to the market. Speaking to a …

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Discord in Pennsylvania over budget bill

5 Oct 2017

This week’s reportage started on an optimistic note as the gap between the Pennsylvania state Senate and House on a budget funding measure appeared to be closing, but it has ended with acrimony amid reports that the state’s lawmakers are still not agreed on a compromise solution. Confusion appeared to reign in Harrisburg Wednesday, with …

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Aussie online sports betting company reports good Q3-2017 performance

5 Oct 2017

Australian online sportsbook operator TopBetta Holdings has posted its Q3-2017 results, highlighting: * Strong quarterly wagering and tournament turnover of A$54.62 million, up 29 percent on the June 2017 quarter, and up 353 percent year-on-year; * Revenue of A$3.34 million, up by 46 percent on the June 2017 quarter; * Increase in Active Users to …

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IGRG commissioned report triggers more criticism for UK gambling

4 Oct 2017

The gambling industry’s Industry Group for Responsible Gambling (IGRG) was in the news for the second time this week, following its Code of Practice advertising recommendations earlier (see previous  report) with exposure to criticism over its study on tackling addiction. The body commissioned the 85-page study from independent research firm Revealing Reality, which in general …

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Quickspin to provide games to Norsk Tipping

4 Oct 2017

Swedish slots development specialist Quickspin, a Playtech subsidiary, is to supply Norsk Tipping with its HTML5 casino games, the company revealed in a press release Wednesday.. The state-owned Norwegian operator’s players will have access to Quickspin’s most popular titles Big Bad Wolf, Spinions Beach Party, Crystal Queen, and Sevens High from January 2018, with further …

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Global Gaming unveils major Scandinavian market push for Ninja online casino

4 Oct 2017

Global Gaming has rolled out a new multi-media advertising campaign for its flagship Ninja online casino brand, marking the largest marketing investment in the operator’s history. The campaign forms a vital element in Global Gaming’s growth strategy, with the company readying its IPO as it plans to list on Nasdaq First North to help fund …

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Online casino operator acquires Lady Luck casino from IGT

4 Oct 2017

Malta-based ALEA, operator of the virtual reality online casino, SlotsMillion, has significantly strengthened its presence in the UK market following its acquisition of the LadyLucks.co.uk brand from IGT for an undisclosed consideration. ALEA has taken charge of the brand, and has already made major changes by migrating the site to the ALEA platform and increasing …

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ASA goes after Gala Bingo

4 Oct 2017

In a reprise of last month’s damning findings into the use of “fake news” advertorials by affiliate marketers (see previous  report) the UK Advertising Standards Authority reprimanded Gala Bingo, a unit in the Ladbrokes Coral group, this week for the same thing. The watchdog again warned that simply terminating the affiliate and denying responsibility for …

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Disco Double slot launched by iSoftBet

3 Oct 2017

Online and mobile casino content provider iSoftBet is inviting players to take to the dance floor and get into the groove with its latest game release, a 5 reel, 20 pay-line slot titled Disco Double. The theme takes players back to sexy ‘seventies and the golden age of disco, where the Disco Double symbol is …

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Vegas shooter was an online gambler

3 Oct 2017

With the death toll now up at more than 59 victims, with another 520 wounded, more detail on Las Vegas shooter Stephen Paddock (64) has emerged. Media reports indicate that the retired accountant and property developer turned to professional gambling in his retirement and boasted significant earnings from his online and land casino gambling trips. …

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Strong growth in online revenue at Espace Jeux

3 Oct 2017

Loto Quebec, a gambling monopoly operated by the Canadian provincial government of Quebec, released its FY-2016-2017 results last week, reporting strong growth in revenues from its Espace Jeux online gambling division. Espace Jeux delivered revenue growth of 30 percent year-on-year at Cdn$ 85.9 million, although Loto Quebec appears optimistic that the possible implementation of the …

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