Thailand police report that over the weekend an illegal online gambling operation was shuttered following a police raid on a luxury villa in Chonburi, Pattaya. Pol Lt Col Chitdecha Songhong said that four South Korean nationals were arrested in the raid, and evidence that included computers and internet routers seized. He did not elaborate on …
Australian betting giant Tabcorp’s SunBets venture into the UK market in partnership with News UK last year (see previous InfoiPowa reports) represents a powerful alliance in which Tabcorp delivered the technical and betting expertise, whilst News UK provided the influence of its massive readership and media assets…but the partnership was preceded by months of technical …
Ahead of its preliminary results on 7 March, on Monday Paddy Power Betfair plc published a post close trading update for the three month period ended 31 December 2016 (Q4 2016) and the year ended 31 December 2016 (FY2016). The announcement reveals that group revenue in FY2016 was up 18 percent year on year (+11 …
A few more details have emerged on Sen. Bruce Tarr’s new online gambling legalisation bill SD618 just filed in the Massachusetts Senate (see previous report). The bill appears to nix any online gambling enterprise that threatens the state lottery, including this proviso: “Notwithstanding any general or special law to the contrary, a gaming license pursuant …
With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting: “It’s my 5th inaugural luncheon – I don’t ever recall a mega donor being in this lunch. But there’s Sheldon Adelson at Table 23 with (former House Speaker) Boehner.” Interesting, because Adelson is the …
Daniel Sebag, the Amaya online gambling group’s first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday. The announcement advises that Sebag has elected to retire this year once his successor is identified and appointed, but will assist Amaya in ensuring an orderly transition …
The Vegas Crest Casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive. The individually themed and multi-featured games are available through desktop and mobile channels and include Cleopatra Jewels and Kitty Twins. The additions bring the Vegas Crest games selection for players to 450.
Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs. The Malta branch of the company operates in Cyprus under a Class A licence, but has been …
A Paf online casino player has had a great start to 2017 by hitting the Mega Fortune Dreams jackpot for Euro 3.5 million. In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake. The winner’s dream became a …
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers. Highlights include: * Revenues of $1.153-1.158 billion, up from previously predicted $1.137-1.157 billion; * Adjusted EBITDA of $521-526 million (previous forecast $510 million); * Net Earnings of $364-374 million (previous estimate $334-354 million)…an …
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services’ iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month. Betting shop operators and the public at large will have another opportunity …
The Gala online casino operator has launched a new TV advertising campaign that will air until the end of February. Promoting the launch of its new website, the new TV advert showcases Gala Casino’s updated brand, new features available on the website, and consumer offers. Using a visual graphic simulation of a slot machine, the …
Following a year-long multi-federal agency investigation and much argument, money services provider Western Union in Florida has reached a $596 million settlement with the local US Attorney’s Office in respect of suspected online gambling and other questionable transactions using its services to move payments to several countries, including Vietnam, Panama, Costa Rica, the Philippines and …
Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law. This time it’s a $6.96 million criminal penalty which halts a federal US Department of Justice probe into allegations that the company contravened federal anti-bribery laws through …
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalisation bill in the state Senate. Following prevously unsuccessful attempts in 2013 and 2015 (see previous reports), this year it is SD.618 provisionally titled “An Act Relative to Gaming” that has been filed, with …
The recent outbursts against online gambling by Philippines president Rodrigo Duterte (see previous reports) have done much to engender a feeling of insecurity and uncertainty among online operators licensed in the region, including those regulated through the Cagayan Economic Zone Authority (CEZA). That, together with potential competition from the new POGO licenses being issued by …
Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state. Developed with Miomni Gaming, the new app has its own lines and odds, taking wagers on many events and proposition books as an independent. Golden Nugget director Tony …
In a press statement Thursday online gambling games developer Yggdrasil Gaming announced that it has begun the process of certifying its games and platform in compliance with Italian technical requirements, with 11 of the supplier’s popular titles initially set to go live in the market in Q2 2017. Among the games being prepared for operators …
Paddy Power’s penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday. The list of advertisements that have triggered the most complaints is headed by Moneysupernarket, which holds the top two and the …
Online e-cash processing firm Safecharge, where Playtech’s Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues. The firm said the record results were generated as a result of the management’s focus on ‘Tier-1’ customers including PaddyPower Betfair, Sun Bingo, Sisal and Nayax, …
The Irish bookmaking company Boylesports has furthered its expansion ambitions with the agreed acquisition of nine retail betting shops from independent bookmaker Bambury for an undisclosed consideration; the transaction now awaits the approval of the Irish competition authority. Once the acquisition has been completed, Boylesports’ retail estate will number 219 shops. The Bambury premises are …
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group’s portfolio. Extreme Live will supply Roulette, BlackJack and Baccarat live dealer games, along with more conventional online …
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete. The venture has the equivalent of up to US$14.7 million in initial backing, Screwvala claims, and will be the first of its kind serving a major eSports fan base in India. Screwvala said …
Gibraltar’s challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court (see previous 2014 reports), and it looks as if it may be rejected by the European Court of Justice too. The ECJ normally hews to opinions of its Advocate General, although these are …