Gambling news - page 535

Another strong year for Evolution Gaming

16 Feb 2017

Live dealer provider Evolution Gaming’s CEO Martin Carlesund has every right to be pleased with the Q4 and FY 2016 results posted by his company Thursday, which again showcase a strong performance and the launch of more innovative products by the company. The report makes special mention of the just-launched Dreamcatcher game, which attracted much …

Read now

Sun Bets m.d. leaves after a short tenure.

16 Feb 2017

Sun Bets, the relatively new online sports betting enterprise backed by media giant News UK and Australian gambling group Tabcorp, has confirmed that its md, Jamie Hart is leaving the company after less than a year in the hot seat and is to join Romanian sports betting company Superbet. Sun Bets, a well-funded enterprise that …

Read now

Quickspin’s Hot Sync slot launches

16 Feb 2017

Swedish online slots specialist Quickspin has taken classic symbols and transported them into a funky tech environment, featuring bright colours and bold backgrounds in its latest game release, Hot Sync. The 3×5 reel, 20-line video slot is a techno take on a retro classic, and offers players free spins and a Hot Sync respin feature …

Read now

NetEnt continues to break records with latest performance report

16 Feb 2017

Swedish online gambling software and games developer NetEnt has posted its year-end and fourth quarter reports for 2016, with CEO Per Eriksson claiming another exciting year “…with new record levels in revenues, earnings and cash flow.” Eriksson notes that the fourth quarter developed well, with revenues up 23.9 percent and the operating margin improved to …

Read now

Sombero gives evidence before Philippines senate committee

16 Feb 2017

Online gambling facilitator and central figure in the Philippines bribery scandal, Wally Sombero, has given evidence before a Senate committee following his return to the Philippines this week (see previous reports). Sombero again denied that he attempted to bribe two top immigration officials and the national Justice Secretary, acting as a facilitator for online gambling …

Read now

Chinese clampdown on high rollers impacts Aussie land operators

16 Feb 2017

Australian land casino operators are taking a far more cautious approach to attracting Chinese high rollers following the arrests of 15 Crown Resorts Chinese employees and three visiting Aussie execs last year and their continued incarceration (see previous reports), but the Chinese clampdown on big spenders is in any case impacting business. This week the …

Read now

Dublin games developer announces new product

16 Feb 2017

Dublin-based mobile social games developer Kama Games has announced the launch of Baccarist, an all-new 3D Baccarat game and the latest addition to the company’s portfolio of iOS and Android social casino titles. In a company statement, Kama managing director Andrey Kuznetsov revealed that Baccarist has been developed in close partnership with professional consultants from …

Read now

Tatts Group half-year profits under pressure

16 Feb 2017

Aussie land and online gambling giant Tatts Group has reported reduced profit in its H1-fiscal 2017 report, noting that profits declined 16.5 percent year-on-year to A$ 122.8 million. Commenting on the figures, Tatts’ chief executive Robbie Cooke said the performance “reflected both the challenge of cycling over last year’s all-time record Powerball and Oz Lotto …

Read now

Indian company to invest $20 million in eSports

16 Feb 2017

Nazara Games, a mobile gaming development company based in Mumbai, India, has announced that it is to invest $20 million over the next five years in eSports, creating a new league that will focus on CS:GO, Dota 2 and League of Legends. Chief executive Manish Agarwal said this week: “Our target audience is a very …

Read now

Singapore sports social network lists in Australia

16 Feb 2017

The Singapore-based sports prediction social network SportsHero is betting on the Aussie propensity for sports gambling by listing on the Australian stock exchange, and announced Wednesday that it commenced trading this week. The company claims that its online platform is unique and enables sports fans to engage, compete and interact with each other through daily, …

Read now

Arenacube in deals with Kiron Interactive, Cheza Gaming and World Match

16 Feb 2017

Sports betting software developer ArenaCube and virtual sports developer Kiron Interactive have signed a strategic distribution partnership that will see the integration of bespoke virtual sports content on ArenaCube’s gaming platform and in turn ArenaCube’s multiplayer sports betting game on Kiron Interactive’s platform. ArenaCube, licensed in Malta and Curacao, operates from three offices situated in …

Read now

NSW govt to scrutinise Crownbet deal with ClubsNSW

16 Feb 2017

The New South Wales (NSW) government will investigate a $300 million deal struck between Australian online betting operator CrownBet and ClubsNSW (see previous reports). The deal involves a digital partnership between CrownBet and ClubsNSW which will reward club customers with loyalty points and cash-out facilities if they sign up for CrownBet’s betting app, a deal …

Read now

Luckia agree NYX Gaming partnership

16 Feb 2017

Spanish operator Luckia Games S.A. has agreed a new seven-year deal with NYX Gaming Group, expanding on its previous relationship with the gaming supplier. NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation. Luckia customers will gain access …

Read now

Sun Bets in Sutton United sponsorship

16 Feb 2017

Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie. “We are delighted to be working alongside Sutton United in what can only be described as the biggest match in the history …

Read now

Realistic Games slot blurs the time lines

16 Feb 2017

Realistic Games’ latest release is a time-travel-themed, five-reel, twenty-line game titled “Time is Money”. Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock. Once used, each multiplier is then eliminated and cannot …

Read now

Habanero launch Koi Gate slot

16 Feb 2017

Habanero has launched “Koi Gate”, a beautifully rendered, graphic-rich slot showcasing the serenity and beauty of Asian culture. It’s a five-reel, three-row, fixed 18-line slot based on a timeless Chinese myth in which the Koi fish journeys to the top of a mountain and morphs into a powerful dragon. This HTML5-built game offers Wilds and …

Read now

Rombet welcomes Kiron Interactive

16 Feb 2017

Romanian gambling trade association Rombet has welcomed virtual sports developer Kiron Interactive as its newest member. The association works directly with the Romanian Government’s development of regulatory requirements and legal frameworks for both land-based and online operators and providers doing business in the Romanian market. “It has been an incredibly busy 12 months, and our …

Read now

Degree 53 refocusing on iGaming industry

16 Feb 2017

Manchester mobile app and web development agency Degree 53 is looking to refocus on its core igaming business with the launch of a dedicated, new division, Degree 53 Gaming. The company, which provides design services and bespoke technology to gambling companies, will embark on a recruitment drive for an additional 20 plus employees to support …

Read now

Global Bet to launch virtual sports with SNAI

16 Feb 2017

Global Bet will expand further into Italy following a deal with major retail and online operator SNAI Group for the supply of its virtual sports portfolio and the development of a bespoke Virtual Football game, exclusively available to SNAI players. “We are confident that Global Bet’s products will be an instant hit with players, and …

Read now

FantasyDraft rescues fantasyaces player pay outs

16 Feb 2017

Daily fantasy sports operator FantasyDraft will cover some of the owing FantasyAces’ outstanding player balances following the company’s filing for bankruptcy (see previous reports). Our readers will recall Fantasy Draft recently walked away for an acquisition proposal with Fantasy Aces following the completion of a due diligence process, shortly afterwards Fantasy Aces filed for bankruptcy. …

Read now

Kindred Group soars in unaudited 2016 results

16 Feb 2017

Kindred Group plc (formerly Unibet) has reported a series of all-time-high’s in its fourth quarter and full year 2016 results. Key performance highlights for the fourth quarter and full year 2016 period ending December 31, 2016 include: Gross winnings revenue of GBP 152.0 million (Q4/2015: GBP 111.4 million), and GBP 544.1 million (2015: GBP 354.1 …

Read now

Australians biggest gambling losers per capita

16 Feb 2017

The Economist, citing a report from UK-based betting and gambling consultancy H2 Gambling Capital (H2G), has revealed Australians hold the dubious tile of biggest gambling losers per capita at $990, forty percent higher than Singapore and more than double the average loss of its Western counterparts. In terms of gambling losses per country, the U.S. …

Read now

Pennsylvania gaming expansion bill hearing postponed

16 Feb 2017

Thursday’s planned hearing of a new online gambling legalisation bill by the Pennsylvania House Gaming Oversight Committee has been postponed, but the good news is that it may well be replaced soon by a joint Senate-House committee hearing which could help progress the measure. The bill in question is HB 392, authored by Rep. George …

Read now

Record revenues from novomatic in 2016

16 Feb 2017

Gambling and games supplier Novomatic has reported record-breaking revenues in FY 2016, noting that significant growth was achieved in core markets UK, Germany, Spain and Italy. The company recorded revenue of Euro 4 billion in fiscal 2016, and expects to increase its involvement in South America, the US, Australia and Asia in the year ahead, …

Read now