Catena Media, an online marketing group, has announced the acquisition for a consideration of Euro 10.6 million of online gambling information and review site Casino UK (casinouk.com). Catena revealed this week that the acquisition generates revenue of around Euro 600,000 per quarter, with an operating margin of 80 percent, and most of its revenue coming …
Petfre (Gibraltar) Ltd, trading as on line gambling operator Betfred, has been warned by the UK Advertising Standards Authority regarding an email promo circulated during the recent Euro 2016 football championships. There were two aspects which triggered complaints, and ASA upheld one of them, finding that the offer was misleading and ordering that it must …
It appears from Philippines media reports Thursday that Justice Secretary Vitaliano Aguirre II is rowing back a little on his widely reported allegations that gambling mogul Jack Lam tried to bribe him, the head of Pagcor and sundry Immigration Bureau functionaries. Aguirre told local reporters that he will not pursue any legal action against retired …
Getting into the Christmas spirit, Swedish online gambling games developer NetEnt has announced the launch of its festive season slot Secrets of Christmas. This is a 5-reel, 3-row, 25-line video slot featuring seasonal stockings, gingerbread houses, snow and gifts, all designed to capture and share the feel-good ambience as the year draws to a close …
Silver Lion, a new slot from specialist Australian slots developer Lightning Box Games, has debuted exclusively at mobile and desktop casino LeoVegas.com. The 5×4-reel, 1024 ways-to-win slot takes players on safari across the sweeping plains of the African Savannah in search of the mythical Silver Lion. Along the way they encounter zebras, hippos, meerkats and …
Despite the fact that neither Ladbrokes nor Tabcorp have commented on rumours that they are discussing a possible merger (see previous reports), industry analysts have been examining the possibilities of such an industry-changing move, which has the potential to create a GBP 5 billion online and land gambling leviathan. Experts at Citigroup have concluded that …
The respected independent research group Neilsen’s latest study on eSports shows that the vertical continues to grow in popularity in the United States, with an impressive 14 percent of the 13-years-or-more population keenly interested in competitive video gaming…up 8 percent year-on-year. “While eSports may not rival the size of many traditional sports fan bases just …
Allegations that attempts have been made to bribe Philippines officials involved in the recent arrests of more than 1,300 visiting Chinese nationals allegedly working in e-gaming operations at the Clark Freeport (see previous reports) have been augmented by new claims that gambling mogul Jack Lam tried to bribe Andrea Domingo, head of regulator PAGCOR, and …
The UK Gambling Commission has voiced concern over the numbers of teenagers who are gambling on a weekly basis, The Telegraph newspaper reports. A research project which surveyed 2,411 children sampled from 103 state secondary schools in England and Wales suggested that: * An estimated 450,000 children aged between 11 and 15 could be gambling …
The loss of a million dollars of taxpayer’s money in an abortive attempt to set up a tribal online gambling licensing and regulatory regime in the Canadian province of Prince Edward Island (see previous reports) continues to linger after four years of finger-pointing and enquiries, and could be about to be resurrected again in fresh …
Paddy Power-Betfair and other Irish online firms were reprimanded, but escaped serious criminal penalties when they were hauled before an Irish court this week following complaints of spamming activity. Instead, they were inveighed to halt such activity, pay prosecution costs and make donations to charity…but warned that repeated appearances could result in more punitive penalties. …
Hopes that Macau has turned the corner after years of losses rose again Thursday when the local regulator Macau Gaming Inspection and Coordination Bureau revealed that for the fourth consecutive month gambling revenues are up compared to the corresponding period last year. Gambling revenue in November 2016 rose 14.4 percent year-on-year to 18.8 billion patacas …
Intralot Group has concluded the sale of an 80 percent stake in its Peruvian subsidiary, Intralot de Peru, to Nexus Group Entertainment Peru S.A.C. for a cash consideration of $68.7 million. The deal supports Intralot’s strategy to develop strategic partnerships with strong local partners in selected countries, leveraging synergies and local market know-how that local …
EnergyCasino has launched a new brand awareness and player acquisition campaign in the Polish market. The campaign is headlined by professional bodybuilder Robert Burneika, aka Hardkorowy Koksu, who has a loyal and strong following in Poland. “Robert Burneika embodies so much of what the Energy brand is all about; he’s powerful, he’s capable, he delivers, …
Swedish online slots development specialist Quickspin has been ranked among the top 50 technology companies in the country by financial advisory giant Deloitte. The firm was listed in the Deloitte Fast 50 Sweden 2016, a rundown of the fastest growing tech companies based on average revenue increase over the past four years. The acknowledgement is …
Multi-channel sportsbook and casino platform provider Digitain has overhauled the user interface for Armenia’s largest multi-vertical operator, TotoGaming and upgraded it with new platform features. The site is already powered by Digitain’s gaming platform, and has now been bolstered with a raft of new P2P games, that include Belote and Backgammon. The Digitain gaming platform …
Demand for Teddy Sagi’s 32.3 million Playtech ordinary shares offered for sale in a bookbuilding sale Tuesday (see previous report) has clearly been keen; in a follow-up statement Wednesday Playtech advised that Brickington actually sold 38.7 million shares at 850p per share. The advisory notes that due to strong investor demand, Brickington agreed with its …
The Nevada Gaming Control Board had good news for the state gaming industry Tuesday, reporting that revenues rose 11.2 percent year-on-year during the month of October 2016. Casino gaming revenue topped $887.5 million during the month, with the Las Vegas Strip doing particularly well – up 14 percent to $562.7 million. On the games front …
The Playtech online gambling group has advised investors that Teddy Sagi – its biggest shareholder – plans to sell almost a third of his Playtech stock, a move that at today’s share price of GBP 9.19 could realise the Israeli billionaire a cool GBP 296 million. Sagi’s proposed sale of 32.3 million Playtech shares will …
Bill H.6586, a bill seeking to declare illegal all daily fantasy sports betting which was filed earlier this year in the Illinois House but remained dormant, has resurfaced in a last-minute attempt at passage in the closing few days of the state legislature. The bill, which was authored by Rep. Scott Drury, exempts season-long fantasy …
Australian gambling equipment and software supplier Aristocrat posted its full year results to end September 2016 Tuesday, reporting that normalised profit after tax and before amortisation of acquired intangibles (NPATA) reached A$398 million, up 69 percent year-on-year. The company said that revenues grew 34 percent, especially in the Americas where revenue rose 28 percent to …
Russia’s relatively small legal sports betting community is in uproar following claims last week by Digital Betting chief exec Dmitry Sergeyev that an unidentified but significant online bookmaker had been hacked and the stolen data was available at a price. The hackers were apparently prepared to sell their ill-gotten gains for the equivalent of around …
The National Council of Legislators from Gaming States annual gathering in January will attempt to get new lawmakers up to speed on internet gambling with a “Gaming 101” module, according to the publication South Florida Reporter. With state legislative bodies welcoming new lawmakers after the elections this year such a service is necessary to enable …
A young South African game design studio is making innovative inroads into land casino gaming following a content agreement with Las Vegas-based land casino games supplier Slot Game Lab. The founder and CEO of Slot Games Labs, Adi Cohen, says the innovative concepts and animation delivered by Bla Bla Bla attracted him to a deal …