The independent research company Technavio reports that its latest study of the currently suspended Chinese online lottery market shows that once freed from government’s restrictions the market has considerable potential. Technavio predicts that once it is again fully operational the vertical will enjoy market growth of CAGR (Compound Annual Growth Rate) 4.53 percent between 2016 …
Last year’s appeal by ten state Attorney’s General to the incoming Trump administration asking for its support on the Restoration of America’s Wire Act has been followed by some push back from nine civil liberties groups that have corresponded with vice president elect Mike Pence and the Attorney General nominee Jeff Sessions, urging them not …
With the new year comes a new legislative season in Florida, and among the first bills to be introduced is SB8, a massive 112-page omnibus measure dealing with a variety of mainly land gambling issues. Among them, author Sen. Bill Galvano has inserted provisions that seek to resurrect his earlier quest to clarify the legal …
Industry observers were speculating on apparent changes in ownership this week at Club World Casino, a long established and much respected online casino group that over the past decade was repeatedly the recipient of top casino and management awards. The changes surfaced when Casinomeister owner Bryan Bailey removed the group from his site’s accredited section, …
A libel suit launched in 2013 by Las Vegas land casino mogul Sheldon Adelson against a Wall Street Journal writer has been dismissed by mutual consent, with each side agreeing to bear their own legal costs, no monetary award and the article in question untouched…in short pretty much a draw. The article with which Adelson …
Swedish mobile sports betting firm SpiffX intends to leverage the booming mobile-based sports betting business in Kenya and has partnered with local company Cheza Gaming to enter the market Lennart Gillberg co-founder and sales manager of SpiffX, said in a press statement this week that the partnership with Cheza presented an opportunity to enter the …
Hot on the heels of the FY2016 Atlantic City numbers released Thursday by the New Jersey Division for Gaming Enforcement (see previous report) comes the news that December 2016 was another good month for online gambling. In December the sector delivered revenues of $18.4 million, a year-on-year increase of 31 percent as the online poker …
In an update to the market Thursday online gambling technology and games supplier NYX Gaming advised that it has received approval to provide its products and services across the following Canadian Provinces: British Columbia: NYX is registered as a “Gaming Service Provider” to British Columbia Lottery Corporation by British Columbia Gaming Policy & Enforcement Branch …
Snow-bound Joemel Panisa of Oregon decided last week to give his home office a clean out to pass the time, and it was as well that he did. He found a year-old lottery ticket and decided to check the result….just in case. It turned out to be worth a million dollars, according to a news …
The New Jersey regulator released the 2016 final performance figures for Atlantic City gambling Thursday, showing that online gambling operations assisted the land casinos to post their first revenue increase since 2006. Online gambling revenues over the year came in at $197 million – a 32 percent year-on-year increase. The 7 land casinos still active …
Latest statistics from the independent research company Eilers & Krejcik Gaming will give daily fantasy operators pause for thought – especially DraftKings and FanDuel who are about to merge and hold 90 percent of the market. Researchers found that DFS revenue grew by about four percent last year to c. $3.26 billion, but the market …
With the end this month of an exclusivity agreement with Betsson, NetEnt is about to put its Wild Wild West – The Great Train Heist slot on general release. This 5 reel, 10 pay-line game has, as the title suggests, a nineteenth-century Wild West theme replete with typical pioneer and crooks characters engaged in a …
The Malaysian government deported 744 Chinese citizens, mainly on online gambling offences, last year according to Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi. The official said that China has expressed its appreciation and praised the efficiency of the Royal Malaysia Police in combating one syndicate that was based in Malaysia and involved nationals …
The Ontario Lottery and Gaming Corporation has acknowledged its failure to meet forecasts of revenue around Cdn$1.26 billion by 2017-2018. It has been repeatedly required to downgrade its projections for revenue growth after cities rejected its push for new land casinos; its online gambling platform failed to perform to expectations; and it abandoned plans for …
The Danish online gambling games developer Magnet Gaming is giving players the chance to go for gold without the need to get their hands dirty, thanks to Gold Rush – Valley of Riches, a new online slot with a Wild West-theme and nine appropriately emblazoned reels linked to two progressive jackpots. Released in both desktop …
Online sportsbook and gaming platform provider Betstudios has secured three important deals in the Italian market, inking agreements to provide its product to Next Games and two other as yet unnamed betting companies. Malta-based Betstudios’ i-gaming platform includes mobile wagering, betting shop solutions and advanced risk management modules, and can handle a variety of player …
The UK online betting exchange Matchbook had inked a multi-title sponsorship agreement with British racecourse operator The Jockey Club. The deal embraces 16 fixtures at Sandown Park and Kempton Park racecourses, along with a number of Jockey Club syndicated races at Kempton throughout 2017. Flagship events include the Imperial Cup day at Sandown Park on …
The French land and online gambling giant Française des Jeux (FDJ) has announced a four-year extension of its partnership with the French Football League, which will now run through the 2020 season. FDJ is the major sponsorship partner for the top-tier Ligue 1, second-level Ligue 2 and the Coupe de la Ligue knockout cup contest, …
Estonia-headquartered online gambling group Olympic Entertainment Group (OEG) has given local reporters a glimpse of it international ambitions, with company CEO Madis Jaager revealing Thursday that the main objective of the company’s setting up a Malta subsidiary is to prepare for an expansion into new online gambling markets. However, Jaager was cagey on which jurisidictions …
The UK online payment processing group Paysafe plc has issued a trading update for the full year ended December 31 2016, reporting that it expects revenues to top $1 billion in 2017. The group saw continued strong momentum during the second-half of 2016 as it focused on building a portfolio of payment-related products and services …
The UK Gambling Commission has addressed a perennial area of conflict between online gambling operators and players – bonus abuse. Long story short, operators need to fully and with clarity disclose the terms and conditions attached to bonuses, but it is of equal importance that operators clearly describe their understanding of the term “bonus abuse” …
Municipal police in the Subang Jaya Municipality have continued operations against online gambling outlets (see previous reports), shuttering six outlets and seizing 212 computer sets and other physical and documentary evidence. Municipal spokesman Mohd Zulkurnain Che Ali said the raids followed public complaints and an undercover police operation, and revealed that in the case of …
NetEnt is all set to go with the release on February 9 of its latest online slot, a 5 reel, 10 pay-line game titled Joker Pro. In fact, many players are already familiar with the game, which has been offered exclusively by Betsafe for some months. The game has a classic feel with features that …
Catering to “a huge demand in licensees,” Playtech has opened a new live casino studio facility in Bucharest, Romania. The facility, one of many that are situated in countries such as Manila, Latvia, Spain and Belgium, offers licensees live blackjack, roulette and casino hold’em for desktop and mobile channels. “This is just the beginning of …