Gambling news - page 528

Partouche take on BetConstruct white label

6 Mar 2017

French operator Partouche Group has become BetConstruct’s newest white label client. Partouche, who will gain access to BetConstruct’s sportsbook solution, welcomed the partnership saying “This will give us the opportunity to profit from a growing market while limiting our financial risk”. “France presents a very interesting opportunity for us and joining forces with the Partouche …

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MGA awards Oulala B2B skills games license

6 Mar 2017

Daily fantasy sports platform provider Oulala.com has been awarded a B2B controlled skill games license by the Malta Gaming Authority (MGA). Oulala co-founder and chief executive officer, Benjamin Carlottie, considers the MGA forward thinking in the creation of the new license category, a process the authority began almost two years ago. ”The authorities in Malta …

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Despite a tough year South Korean punters keep betting

6 Mar 2017

Despite a persistent economic slowdown, South Korean punters continued to place their bets in 2016, media reports from the region indicate, noting that lottery, casino and horse racing revenues all increased markedly. The sole legal land casino, Kangwon Land posted an almost 4 percent y-o-y rise in sales to KRW 1.7 trillion; lottery ticket sales …

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Betsoft in content deal with Ladbrokes subsidiary

6 Mar 2017

Online gambling games developer BetSoft announced a content deal Monday with Ladbrokes Coral subsidiary Eurobet, revealing that the agreement will see the Italian-regulated operator take on BetSoft’s core of ADM-approved Slots3 titles, including SugarPop!, Alkemor’s Tower and Mamma Mia!. The ToGo collection, mobile versions of the Slots3 games, will also be supplied to Eurobet’s player …

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BetConstruct takes its promotional activity on the road

6 Mar 2017

BetConstruct, the online sports betting technology provider, is taking its promotional activity to the people, announcing the launch of its first roadshow designed to showcase products and give potential clients a hands-on opportunity to experience them. The first in a series of free international workshops will take place on March 19 in Vienna, coinciding with …

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Will Hill has big plans for Australia

6 Mar 2017

Despite a less than friendly approach to online gambling by the Australian federal government, UK land and online gambling bookmaker William Hill plc has big plans for the region, according to passages in its FY-2016 report. Indicators in the report of more intense activity in connecting with Aussie punters include: * Intensified marketing with promotional …

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Latest blueprint slot features Ted the decadent teddy bear

4 Mar 2017

Online gambling games developer Blueprint has come up with an unusual theme for a slot – a decadent teddy bear named Ted. Movie fans will recognise the animated teddy bear as the central character in the movie series of the same name starring Mark Wahlberg, which tells the story of a Boston man whose childhood …

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Mobile use by gamblers is growing

4 Mar 2017

UK gamblers are increasingly turning to mobile devices for their action, according to the latest UK Gambling Commission figures, which indicate that year-on-year growth in mobile device gambling has been 10 percent, bringing the proportion of gambling carried out on mobile devices to 43 percent. Participation statistics for gambling indicate that over the last year …

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Amaya refinancing agreement guards against ‘a certain shareholder’ taking control.

4 Mar 2017

Online gambling group Amaya Inc., issued a press release Friday detailing refinancing agreements with lenders GSO Capital Partners, Deutsche Bank, Barclays, Macquarie Capital that will see it save Cdn$15.4 million on interest payments and free up funds…but a section of the release referring to a requirement by the lenders grabbed the attention of observers, who …

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Instacasino buys Chance Hill online casino

4 Mar 2017

Instacasino has announced that it has bought the Chance Hill online casino from the owners of sister site Ikubu for an undisclosed consideration. The deal has been the topic of much discussion on the forums in the absence of a proper corporate statement, which now makes the agreement official, advising that Chance Hill’s website, database …

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Playtech claims a Czech first with launch of Fortuna online casino

3 Mar 2017

Playtech plc has claimed that its client Fortuna Entertainment is the first to go live with a licensed online casino in the newly regulated Czech market. On February 24th the Czech Ministry of Finance granted Fortuna the country’s first ever licence to operate ‘online technical games’. The operator has since gone live with a large …

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New Lightning Box slot will initially be exclusive to BetVictor

3 Mar 2017

Aussie online gambling games developer Lightning Box has released its latest HTML5 online slot, initially exclusive to BetVictor and titled Stellar Jackpot Dolphin Gold. The 4×5 reel, 40-line video slot unusually combines oceanic and intergalactic themes, and boasts a unique bonus trigger involving up to 12 stacked wilds. Six blue dolphins trigger the Gold Dolphin …

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New chief operating officer for iGaming Cloud

3 Mar 2017

Gaming Innovation Group subsidiary iGaming Cloud (iGC) announced the appointment of a new executive Friday, naming Cristina Niculae as its new chief operating officer. Niculae will be based in Malta and tasked with planning and overseeing iGC’s operational strategies, initiatives and goals, and establishing policies that promote the company’s culture and vision. She has a …

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Trading update from Scientific Gaming

3 Mar 2017

US gambling supplies, games and equipment provider Scientific Games issued a trading update this week detailing a reduction in operating losses and improved revenues in the last quarter of 2016. Highlights of the update included: * FY-2016 revenue grew by 4.5 percent y-o-y to $2.9 billion; * Operating income was $130.6 million compared to an …

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New Jersey senator moves to protect state online gambling industry from federal interference

3 Mar 2017

New Jersey state Senator Jim Whelan, a long-time supporter of online gambling, has moved to protect the state’s flourishing online gambling industry by introducing a resolution calling on Congress and the current US administration to “oppose any actions that would prohibit states to conduct Internet gaming.” Whelan’s SJR 102 complements a similar Assembly resolution, AJR …

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More detail now available on Michigan online gambling legalisation bill

3 Mar 2017

More detail has now emerged on S.203, a bill introduced to the Michigan Senate by Sen. Mike Kowall this week seeking to legalise and regulate online gambling in the state (see previous  report). The bill appears to mirror that which ran out of time in the state Legislature last year, and includes provisions which call …

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Daily fantasy sports legalisation bill shot down in Kentucky

3 Mar 2017

Just two weeks on from its introduction, H414, a proposal to legalise daily fantasy sports in the state of Kentucky authored by Representative Adam Koenig, failed to progress from the House this week despite a positive 37-36 vote. The bill did not reach the 40 positive votes required by a state law that a measure …

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Daily fantasy sports legalisation bill filed in Rhode Island assembly

3 Mar 2017

A daily fantasy sports legalisation bill – H5793 – was filed March 1 in the Rhode Island state Assembly by Representatives Jared Nunes and Alex Marszalkowski, and calls for the state Division of Racing and Athletics to be authorised by lawmakers to “implement online games of skill, including, but not limited to, fantasy sports, so-called, …

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More opposition to Kenya gambling reform proposal

3 Mar 2017

By noiw you would have thought that Kenya MP Jakoyo Midiwo would have had enough of a battering over his gambling reform proposals to call it a day; from gambling operators and the Interior Ministry to the taxman, his Betting, Lotteries and Gaming (Amendment) Bill, 2016 has been roundly hammered and criticised, exposing serious flaws. …

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Betsson acquires Spanish online casino operator for euro 3 million

3 Mar 2017

Online gambling group Betsson announced Friday that it has entered the Spanish online casino market with the acquisition of Premier Casino for Euro 3 million. It is understood that Premier is owned by Spanish firm Mediaset España Comunicacion, S.A. The operation offers live dealer, RNG and mobile products powered by a range of quality providers …

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American Dad – New slot from Playtech

3 Mar 2017

Playtech has released a new 5 reel 40 pay-line online slot titled American Dad, with a theme inspired by the Simpsons-style animated cartoon television show of the same name. In addition to Wilds and Scatters the game boasts Multipliers, Free Spins, Re-Spins and Stacked symbols, with several key elements: The Schmooblydong Wheels can trigger re-spins …

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Sportech offloads The Football Pools subsidiary

2 Mar 2017

FP Acquisitions Limited, a company owned by private equity funds under the OpCapita banner has agreed to pay GBP 83 million in the conditional debt free, cash free basis to purchase Sportech subsidiary The Football Pools. The sale is conditional upon FP Acquisitions obtaining the necessary licences from the UK Gambling Commission and the passing …

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Good news for Sportech investors

2 Mar 2017

UK betting group Sportech had some good news for shareholders on Thursday, advising them that the board of directors has resolved to return approximately GBP 20 million to them by way of a tender offer to be implemented during the current tax year. The offer will be effected by using the company’s existing authorities to …

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Strong 2016 reported by Sportech

2 Mar 2017

UK betting technology provider Sportech plc has posted a strong set of FY-2016 results, flagging the following highlights: * Profit before tax up 216 percent at GBP 30.7 million (2015: £9.7m); * Results in line with expectations with overall EBITDA up 3 percent to GBP 23.8 million (2015: GBP 23.1 million); * Victory in the …

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