Last week’s ruling by the Belgian Constitutional Court that online gambling operators must have separate licenses for each gambling product offered on their websites is sure to generate concerns in the industry and possibly an appeal. The case arose when land and online operator Rocoluc NV (trading online as Casinobelgium.be) challenged the Belgian Gaming Commission …
The Illinois state legislature adjourned for the year this week, ending any hope that online gambling legalisation bills currently in committee would see a floor vote in this session. Three proposals have been languishing in committees since early this year, and last month there was activity in both Senate and House that suggested there may …
The Stars Group Inc. today (Friday) announced the launch of Stars Mega Spin, its proprietary space-themed progressive jackpot slot game exclusive to the PokerStars Casino brand that guarantees a minimum $1 million jackpot. Stars Mega Spin is the latest innovation from The Stars Group and the second million-dollar progressive jackpot created by its in-house game …
The Reuters news agency in Prague reports that Czech lottery and gaming company Sazka is looking at an initial public offering (IPO) in London to help fund growth in its existing European markets and reach new ones. Announcing the project Friday, Sazka revealed that it has hired Citigroup, J.P. Morgan Cazenove and Morgan Stanley as …
Online gambling solutions provider BetConstruct has expanded its African footprint by securing a manufacturer’s licence from the South African National Gambling Board. Sergey Harutyunyan, chief executive of the company, said that the licence represents a “strategic victory” and will allow BetConstruct to roll out its sportsbook to local regulated South African operators. “We are excited …
The American Gaming Association (AGA) has announced the election of Tim Wilmott to the post of chairman for a period of two years, replacing Jim Murren of MGM Resorts in the role. Currently the chief executive of Penn National Gaming Inc., Wilmott has been actively involved in the AGA since 2015, serving as an executive …
Recently launched Australian online sports betting operator Neds hit the local headlines again this week as its second television and social media advert in a month was banned by the Australian Standards Bureau following complaints by Financial Counselling Australia, a body that helps people with gambling problems.. Our readers may recall that two weeks ago …
October’s overall revenue of Euro 180.4 million boosted Italy’s land and online YTD gambling numbers, enabling the regulator to report that up to end October overall betting handle soared 22.4 percent, with revenue up 5.4 percent at Euro 975.5 million. Other noteworthy metrics include: * Online casino revenue in October up over 30 percent y-o-y …
In a market advisory Wednesday, NYX Gaming addressed a possible complication in its proposed Cdn$ 775 million acquisition by US gambling group Scientific Games (see previous reports), noting that major shareholder William Hill has moved to change its NYX convertible preference shares into ordinary shares, enabling it to vote on the proposed agreement. The advisory …
Eastern and Central European land and online betting group Fortuna Entertainment has posted impressive nine months results, noting that between January and end September this year betting handle rose 69.1 percent to Euro 1.3 billion, with growth across all key financial indicators. Key performance indicators included: * Total gross win over the nine month period …
One of the principal architects and supporters of the Unlawful Internet Gambling Enforcement Act of 2006, Republican Rep. Bob Goodlatte, has announced that he will not stand for re-election when his current term ends next year. Our readers may recall that the UIGEA caused consternation in the industry as it sought to disrupt financial transfers …
The Stars Group has released its third quarter and nine months results, reporting improved revenues and EBITDA over both metrics and strong growth. Highlights of the report include: * Q3 revenues up 21.7 percent year-on-year at US$ 329.44 million; * Q3 EBITDA up 26.5 percent at $ 155.76 million; * Nine months ended September revenue …
Magic and mystery await in the latest online slot release from London-based developer ReelNRG, a 5 reel, 30 pay-line game with an oriental theme titled Goddess of Asia. The theme is carried by a sound track and symbols that include gold bars, fiery dragons and lucky felines, with a Goddess of Asia icon as a …
Cherry Group subsidiary and online gambling games developer Yggdrasil has released its detailed Q3-2017 results, showcasing continued growth and strong financials. Highlights of the report include: * Revenues up 110 percent year-on-year at SEK 44.1 million (Q3 2016: 21 million); * EBITDA up at SEK 18.7 million (SEK 9.2 million) on margin of 42 percent; …
Christopher Panayiotou, a Grahamstown businessman recently convicted of murdering his 29-year-old wife Jayde, has been named as one of four individuals allegedly involved in an illegal and unlicensed online gambling enterprise operated behind an internet cafe front. The enterprise, which generated up to around SA Rands 30,000 a week in profits, was infiltrated in a …
The elusive royal flush made an appearance at Bovada Casino over the weekend, securing for a US player a $111,000 windfall. DouglasP, a resident of the US state of Georgia was playing Let ‘Em Ride when Lady Fortune appeared. The player had three hole cards, and after making a $10 raise one community card added …
Sweden’s downward trend in the numbers of its citizens who gamble has continued, according to new figures released this week by regulator Lotteriinspektionen. The latest participation study shows that over the past year 66 percent of respondents in the 1,587 adult survey had gambling in some form, down from 68 percent in the comparative previous …
Omni-channel sports betting solutions provider Playtech BGT Sports (PBS) and UK bookmaker Betfred have agreed the installation of additional self-service betting terminals (SSBTs) in Betfred’s UK retail estate. PBS will supply a number of widescreen terminals into Betfred’s best performing shops across the operator’s 1,700 strong estate. Betfred has already expanded on its deal with …
Microgaming’s new Isle of Man headquarters have been listed in Adzuna’s ‘The 10 coolest offices of 2017’ in the UK alongside some of the biggest consumer brands Deliveroo, Superdrug and Talk Talk. The five-story office building, which opened its doors in July 2017, features a unique sky bridge that joins the new and existing offices, …
The game, which runs every three minutes, follows a similar structure to The Health Lottery’s weekly lottery show featuring Channel 5 presenter Anna Johnson. Players must select five numbers between 1 and 50, or can opt for a Quick-Pick which selects numbers at random. One in six tickets is a winner, ranging from a free …
In a recent industry update, Sky Betting & Gaming (SBG) has detailed impressive progress over the past twelve months delivering strong growth across the board and increasing its customer base by 31 percent. Key highlights for the period ending June 30 2017 include: Group revenue increase of 38 percent to GBP 516 million (2015/16: GBP …
Big Time Gaming will integrate its complete suite of games across GVC Holdings’ partycasino, Foxy Casino, bwin and CasinoClub brands expaning an already huge selection of titles. “We are delighted to have signed this deal with GVC and to make our games available to players across its online casino brands for the very first time,” …
Software developer Habanero Gaming has appointed Arcangelo Lonoce as head of business development focused on the European market. Lonoce joins the company from BetVictor where he most recently served as casino product manager B2B and eGaming Asia & white labels manager. “Arcangelo’s excellent track record in the gaming industry speaks for itself, and we are …
Cherry AB reported on its third quarter today (Wednesday), delivering strong growth in group revenues despite a delay in the full integration of the ComeOn! business. Key performance highlights for the third quarter ending September 30, 2017 include: Group: • Revenue increase of 165 percent to SEK 567 million (Q3/2016: SEK 214 million). • Reported …