Gambling supply company Ainsworth Game Technology Ltd. saw its fiscal H1-2017 profits plunge 40 percent year-on-year to A$15.2 million this week as it posted its results for the six months ended December 31, 2016. Investors were expecting the bad news following the company’s guidance last October. Ainsworth chief executive Danny Gladstone reported: “Although these results …
High tax costs and a monopolistic state-owned competition have apparently persuaded tier one online sports betting operator Pinnacle to announce that it is to exit the Polish market with effect from April 1 this year…the date on which Poland’s contentious new Gambling Act is implemented. The Act calls for a prohibitive tax rate of 12 …
Observers are scratching their heads over a New Hampshire online gambling legalisation proposal filed in the state House in January by Republican Party representatives Eric Schleien, Nick Zaricki, and Robert Fisher, which remains with the House Ways and Means Committee following an information hearing late January (see previous report). The reason for their puzzlement is …
Amaya’s online sports betting subsidiary BetStars has launched a fun promo vid titled BetStars Face Off which pits the company’s “ultimate football machine” against Leicester FC stars Christian Fuchs and Shinji Okazaki. The vid shows the machine besting the professional football duo in a series of football-related tests of power and accuracy. https://www.youtube.com/watch?v=t9_EAUBLGP4 BetStars director …
According to reports in the Financial Times Wednesday William Hill plc is about to confirm acting CEO Philip Bowcock as permanent chief executive, following a fruitless nine-month search during which the UK bookmaker has reportedly been rebuffed by several external candidates. Among those approached to take the helm were GVC’s Kenny Alexander, Mark Brooker, the …
The punishments handed down on two UK men, Dylan Rigby (34) and Craig Douglas (33) for operating an unlicensed eSports betting website (see previous report) were reported in the UK Gambling Commission’s latest monthly email, detailing that both men pleaded guilty to charges brought by the Commission and were fined GBP 174,000 and GBP 91,000 …
Mobile casino operator LeoVegas will launch a new UK TV campaign Wednesday featuring actor, comedian and British cult hero, Johnny Vegas, alongside its own ambassador, Leo Vegas. The new advert shows Johnny and Leo on the start of their journey as the two Vegas brand ambassadors in a 90 second spot scheduled to flight across …
LeoVegas has acquired Italian operation Winga.it from Ålands Penningautomatförening (PAF) for a cash consideration of Euro 6.1 million. The acquisition aligns with LeoVegas’ expansion strategy, providing the company an instantly established position in an important European market. “This is yet another milestone in LeoVegas’ development,” said Gustaf Hagman, group chief executive officer of the LeoVegas …
Gauselmann’s Blueprint Gaming has agreed a deal in which its full game suite will be made available across Gamesys-operated European brands. The software developer said the deal kicks of the year with a boost following significant growth over the past 12 months. Titles include Top Cat, Wish Upon a Jackpot and The Pig Wizard for …
Ladbrokes Australia has announced the appointment of trading director Jason Scott as interim chief executive in anticipation of the departure of Dean Shannon later this month. Chief operating officer, Paul Cherry, had been appointed to replace Shannon in September 2016, however, he tendered an unexpected resignation leaving the company last month to serve as a …
William Hill has expanded its ITV on-air racing sponsorship to include that of the newly launched ITV Racing app which includes the return of an iconic favorite – the ITV7 accumulator bet. The ITV7 originally formed part of the “World of Sport” programming which launched in 1969. It was an accumulator bet that ran until …
Daily fantasy sports provider Scout Gaming Group (SGG) has appointed former NetEnt chairman Rolf Blom as chairman of the Board and Andreas Ternström as chief executive officer. Blom, who was one of the first investors in Betsson (later bought by Cherry Group), has an extensive background as an executive manager and investor in several B2B …
In an exclusive interview with the internet publication Yogonet, the Isle of Man’s head of e-gaming, Mark Robson, gave his views on a variety of issues, opining that inconsistent regulation in the e-gaming industry is presenting a major challenge. “This has forced international operators to select their target markets based on administrative procedures and not …
Cheating whilst on a live dealer camera would not seem to be a viable or even sensible proposition, but a furore over exactly such an event hit the internet over the weekend, when a Youtube vid purported to show a black jack player being shafted by a dealer on the BetOnline site on January 25 …
The next RealTime Gaming online slot release is scheduled for March 15 and comprises a 5 reel, 25 pay-line progressive jackpot game branded Secret Symbols, which will initially be exclusive to the Springbok Casino operator. Pre-release publicity suggests that the theme will evoke the lost world the Aztecs, with reels populated by mysterious symbols of …
White Hat Gaming has signed up for live dealer action from Evolution Gaming, extending its existing casino content offering with Evolution’s Live Casino games portfolio for desktop, tablet and smartphone. The Evolution package includes Live Roulette, Baccarat and Blackjack, plus numerous poker variants including exclusive titles, and a new Progressive Jackpot, all scheduled to go …
Norwegian online gambling group Gaming Innovation Group, fresh from a successful $400 million capital raising project and the achievement of a UK Gambling Commission licensing (see previous reports), has announced that it has launched its popular Guts.com and Super Lenny.com brands in the UK market. The UK licence includes sports betting, allowing GIG to operate …
The Cherry AB group has announced that acting CEO Anders Holmgren has been permanently appointed to the position of chief executive by the board of directors with immediate effect. Holmgren is currently a board member of Cherry AB and Yggdrasil Holding Ltd, and has been acting CEO of Cherry AB since January 2017. He will …
The Cherry AB gambling group has posted a strong Q4-2016 and FY-2016 annual report covering the period 1 January – 31 December 2016, with the following highlights: Q4-2016 * Revenues up grew 201 percent y-o-y to SEK 519.4 million (SEK 172.5 million) and profits improved significantly. Organic growth accounted for 41 percent in revenue terms; …
GAN will integrate a number of additional Everi Games Inc. online slot titles to its U.S. casino simulated gaming clients. The deal, an expansion to an existing agreement, will see additional Everi titles available across GAN’s web and mobile channels within the first quarter of 2017. “Extending the partnership to distribute additional Everi titles is …
Sponsorship for the 2017 Punchestown Festival Gold Cup event was boosted Euro 50,000 as organizers named Coral as headline sponsor. Considered to be the most prestigious three mile chase on the Irish racing calendar, the Gold Cup will be known as the Coral Punchestown Gold Cup.
Gaming Innovation Group (GIG) has announced the successful completion of the issuance of a SEK 400 million senior secured bond in the Nordic bond market, complete with a SEK 1.25 billion borrowing limit. The company revealed the issue was “significantly oversubscribed and received strong demand from across the Nordic region”. Net proceeds will primarily be …
The eSports Integrity Coalition (ESIC) and International Centre for Sport Security Europe (ICSS EUROPE) have entered into a new agreement in which the bodies will collaborate on a range of projects and initiatives to enhance the integrity of the burgeoning esports industry. ESIC and the ICSS EUROPE will work together across several areas to encourage …
The Malta Gaming Authority (MGA) has distanced itself for multiple websites who claim association with the authority, saying any claims or reference to the MGA and / or gambling licenses said to be issued by the MGA from greatway-casino.com, fortunepub.com, explosionbet.com, casino-royal.net, wpcasino.net, caesarcrown.com, lucky-play.net, winner-bet.com, diamond-777.com and play-azart.com are false and misleading.