Gambling news - page 424

Scientific Games acquires NYX Gaming Group shares

22 Nov 2017

In an early warning report, Scientific Games Corporation has notified its acquisition of 11.6 million ordinary shares in NYX Gaming Grouprepresenting a 10.72 percent share for an aggregate price of CAD$27,054,565. The companies, who signed an acquisition deal earlier this month, also entered into a first amendment agreement in which Scientific Games will make a …

Read now

UK regulator again warns gambling industry

22 Nov 2017

Harrison repeats warning that the customer treatment bar has been set too low by online operators and that “change is now coming”. Addressing the annual ‘Raising Standards’ conference in Birmingham Tuesday, UK Gambling Commission chief Sarah Harrison reiterated her warning that the gambling industry has set the bar too low in treating customers fairly and …

Read now

Belgian Gaming Commission gives opinion on loot boxes

22 Nov 2017

After just a week of investigation (see previous reports) the Belgian Gaming Commission has issued its opinion that the use of loot boxes constitutes gambling, finding: “The mixing of money and addiction is gambling.” Belgium’s Minister of Justice, Koen Geens has also weighed in, saying, “Mixing gambling and gaming, especially at a young age, is …

Read now

Hawaii legislature urged to consider whether loot boxes constitute gambling

22 Nov 2017

EA’s Star Wars Battlefront II game and it’s now suspended loot box offer have attracted more flak, this time from a Hawaiian lawmaker. Representative Chris Lee held a press conference this week, adding his concerns that loot boxes are a form of gambling to those already expressed by European regulators (see previous reports).. During the …

Read now

Evolution Technology acquires Midacor to manage its online casino asset

22 Nov 2017

Canadian business development group Evolution Technology Resources Inc. expects to revitalise its VIPSpel online casino, purchased earlier this year, by acquiring gaming consulting firm Midacor to manage the operation. Evolution has already managed to boost player registrations 400 percent to 24,000 since taking the enterprise over, but now expects Midacor to increase that metric four-fold …

Read now

OLG to expand to omni-channel sports betting

22 Nov 2017

The Ontario Lottery and Gaming Corporation (OLG) has released a Request for Proposals (RFP) to select a service provider to enhance and expand sports betting in Ontario. Through the initiative, Ontario will join four other Canadian jurisdictions offering sports products online and on mobile platforms, as well as at retail locations: Atlantic Canada, Quebec, Manitoba …

Read now

Stride gaming acquires majority stake in Passion Gaming

22 Nov 2017

Stride Gaming Plc (Stride) announced the acquisition of a 51 percent stake in Passion Gaming Private Ltd (Passion) Tuesday, a rummy-focused online gaming firm operating across India. A cash consideration of $3.75 million will be invested in the company’s working capital to accelerate growth, Stride said. In addition, Stride retains the right to acquire the …

Read now

Camelot makes CEO appointment permanent

22 Nov 2017

Nigel Railton has been appointed the permanent chief executive officer of Camelot UK Lotteries Limited after conducting a wide ranging review on how to return the business back to growth following a series of disappointing results. Total National Lottery ticket sales reached GBP 3,280.4 million for the first half of the 2017/18 financial year – …

Read now

Magnet Gaming cooking with new releases

22 Nov 2017

Magnet Gaming is eagerly anticipating the release of another cooking/cuisine-themed slot following the recent launch of its ‘Baking Day’ title (see previous reports). ‘Le Chef’ dishes up a French restaurant experience to players whose task is to impress Paris’ toughest food critics in the hope of being awarded rewards. This HTML5-built, nine-reel slot offers two …

Read now

RISQ RNG to power new range of IWG jackpot games

22 Nov 2017

Online instant win games supplier IWG is planning the launch of a new, first-of-a-kind range of jackpot games powered by London-based tech firm RISQ’s RNG engine. The new insurance-backed solution, which enables the creation of non-networked prize pots worth up to GBP 25 million on a wide number of game types and channels, will be …

Read now

Rank live with content from the games company

22 Nov 2017

The Rank Group has boosted its content offer with the integration of a selection of titles from The Games Company (TGC) via the Bede platform. TGC’s new remote game server (RGS), powered by Black Cow Technology, will deploy the content to Rank Group operators Mecca Bingo and Grosvenor, with its Mexican-themed, 5-reeler ’Mariachi Mayhem’ the …

Read now

Bwin launches Russian online sports betting site

21 Nov 2017

The Russian sports betting subsidiary of Bwin, a joint venture between Bwin parent group GVC Holdings and locally owned firms Digital Betting and Rambler&Co (see previous  reports) has announced that its Bwin.ru website is now operational, and that real-money betting will soon be available. The business is running behind schedule at present, having originally planned …

Read now

Australian academic survey claims that offshore punters are more likely to become problem gamblers

21 Nov 2017

High profile Australian academic Dr. Sally Gainsbury at the University of Sydney has published the results of a 3,199 respondent study in collaboration with other Australian universities which claims that almost 26 percent of Australian online gamblers use illegal offshore gambling sites, and are more likely to be problem gamblers. Online casino and poker activity …

Read now

Five caught illegal remote gambling in Bangladesh

21 Nov 2017

Bangladesh authorities have nabbed five Indians allegedly remote gambling at the Dhaka’s Sher-e-Bangla National Stadium during the one-day Bangladesh Premier League cricket match. “We have handed them over to police as this is the most we could do. They will take further action,” Jalal Yunus, spokesman for the Cricket Board said. The Bangladesh Cricket League …

Read now

Golden Palace A+ licensed in Belgium

21 Nov 2017

The Golden Palace Group has been awarded an A+ license from the Belgian Gaming Commission (BGC). As one of the first operators in the regulated Belgian market, Golden Palace Belgium has been operating under a B+ license since 2011. The A+ license enables the group to expand its offering to include additional verticals such as …

Read now

Betfred live with SG Interactive content

21 Nov 2017

Betfred has expanded its content offer with Scientific Games’ interactive (SG Interactive) portfolio. The new additions include titles such as Rainbow Riches: Pick’n’Mix, Rainbow Riches Free Spins, Rainbow Riches Reels of Gold, Raging Rhino and Monopoly Big Event. Further SG Interactive games will be rolled out in the coming months along with a number of …

Read now

New live dealer format from Authentic Gaming

21 Nov 2017

Authentic Gaming has launched a new live dealer format streaming, for the first time, from studios located on casino floors. The new vertical dubbed Casino Floor Live Studio allows online players to access dedicated tables in studio environments which are located in the heart of actual gaming floors in real land-based casinos. LeoVegas was the …

Read now

Bede Gaming to distribute SpiffX’ Take5 product

21 Nov 2017

Stockholm-listed app developer SpiffX has partnered Bede Gaming to distribute its sports betting predictor and in-play product Take5 through Bede’s content aggregator platform, PLAY. The Take5 platform comprises a number of hybrid games that provide players with a quick and easy alternative to already established sports games. Lennart Gilberg – Acting CEO and Director of …

Read now

Fanduel co-founder and CEO departs for new eSports venture

21 Nov 2017

Eccles confirmed the development via a tweet on Twitter, saying: “Excited but a little bit sad to be leaving @fanduel today.” Eccles, who has spent eight years building FanDuel, will be succeeded by Matt King. King, who served as chief financial officer of FanDuel from 2014-2016, will join the Board with immediate effect. “Nigel achieved …

Read now

Betsoft’s new Stampede slot has an African theme

20 Nov 2017

BetSoft has announced the latest edition to its Classic Slots collection, a 1,024 ways-to-win game with an African wildlife theme titled Stampede. The theme transports players to the windswept and sunny African savannah, home to majestic elephant families, herds of zebra and gazelle, and w diversity of other wild animals and birds. The Scatter Pay …

Read now

Call for French regulator to probe loot boxes

20 Nov 2017

French Senator Jérôme Durain has asked France’s online gambling regulator ARJEL to follow Belgium and the Netherlands in investigating whether loot boxes in video games constitute gambling, and what consumer protections may be necessary. Loot boxes are in-game “crates” full of surprise upgrades, prizes and accessories which can be won through accumulating points or bought …

Read now

AXL Affiliates acquires top advertising platform

20 Nov 2017

Malta-based AXL Affiliates Ltd, has acquired global advertising platform firm Astute Media and its twelve subsidiaries for a GBP 22 million consideration. Astute delivers over 900 million ad impressions per day through its twelve subsidiaries, and the announcement from AXL says its acquisition will help AXL reach new markets and territories and strengthen its position …

Read now

Scientific games joins legal action against william hill

19 Nov 2017

US-based online and land gambling supplier Scientific Games has joined the legal war being waged by NYX Gaming against Brit bookmaking group William Hill plc over the proposed acquisition of NYX by Scientific Games. William Hill has indicated that it intends to use its shareholding in NYX to abort the deal, but faces the combined …

Read now

New Jersey online gambling reaches fourth anniversary

18 Nov 2017

Four years ago, when Atlantic City launched its online gambling market, there were many naysayers on the commercial viability of the sector, its alleged propensity to create problem gamblers, and its gloomily predicted negative impact on land casino revenues. All have been proved wrong. Despite the downward trending land casino business in Atlantic City at …

Read now