Gambling news - page 573

GBP 1.2 million win on Microgaming’s Major Millions slot

14 Nov 2016

According to information from the Glossy Bingo website, player member Mandy Bowman hit a major progressive slot jackpot worth GBP 1.2 million earlier this month. The Scottish mobile device player usually focuses on the bingo offering available, but decided to give the Major Millions slot a spin by way of a change after claiming a …

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Aussie online and land bookie has a a$ 50 million expansion plan

14 Nov 2016

UBET, a retail and online gambling subsidiary in the Tatts Group has a A$50 million brand expansion plan that will not be slowed down by the parent company’s proposed merger with Tabcorp, another Aussie gambling giant threatened by aggressive competition from foreign owned online companies making their presence felt in the country. UBET is an …

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Betsson to raise more capital

14 Nov 2016

The mainly online Swedish gambling group Betsson AB has announced a series of fixed income investor meetings commencing November 14 at which a proposed SEK-denominated senior unsecured 3 year bond issue will be discussed, the proceeds from which will be used to facilitate the group’s acquisition strategy, refinancing debt and general corporate purposes. “Betsson has …

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eSports for the Olympics?

14 Nov 2016

The burgeoning eSports vertical could be accepted as an Olympic sport by the time the Lost Angeles games take place in 2024, according to the publication Sportskeeda, quoting an organisation titled LA 2024, which has submitted a bid to the International Olympic Committee. The bid details the phenomenal growth and popularity of eSports, which has …

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Another financial technology company acquisition for Playtech

14 Nov 2016

Playtech plc announced Monday that it has agreed to acquire Consolidated Financial Holdings A/S, a technology company with products including a leading Straight Through Processing (“STP”) brokerage which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools. In a company statement, Playtech management said the acquisition will enhance Playtech’s …

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Improved outlook for William Hill plc

14 Nov 2016

In a trading update Monday William Hill plc advised that it expects full-year operating profits to come in at the top end of its previous guidance after a strong international performance thus far in H2-2016. The group had previously forecast that operating profits for the year to December would be between GBP 260 million and …

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online gambling now in the u.s. danger zone

13 Nov 2016

The “lame duck” period in the US Congress – that between the presidential election and the end of the 114th Congress in December – is regarded by many industry observers as a dangerous timeframe in which anti-online gambling legislation could be rammed through a busy and tired political establishment – a possibility raised recently in …

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Crown Resorts employee released in China

12 Nov 2016

Friday saw the release of the first of the 22 Crown Resorts employees arrested on gambling promotional-related allegations by the Chinese authorities in mid-October. Those detained included 15 local employees of the company and three managers visiting the operation from Crown’s Australian headquarters (see previous reports). The Associated Press news agency identified the released detainee …

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Rama Resorts hack troubles deepen with threat of a class action

12 Nov 2016

Within a day of Ontario’s Rama Resort warning clients and vendors that it had been hacked and private information stolen (see previous report), the anonymous hacker started posting some of the data on the internet, boasting that more would follow within the next three days. The published data appeared genuine and included staff performance reviews, …

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ICE show transportation change

12 Nov 2016

Clarion, the organisers of the internationally popular annual ICE Totally Gaming expo at the Excel Centre in London, have advised that the nearest Docklands Light Rail station to the venue, Customs House, will be closed for renovations at the time of the show this year, but that alternate transport arrangements are in place. Delegates and …

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Online gambling shines in Quebec’s gambling monopoly half-year

12 Nov 2016

The Canadian province of Quebec has become notorious for its protectionist legislative moves to shield its cosy online gambling monopoly Espacejeux.com from competition, and parent group Loto Quebec’s half-yearly performance numbers explain why; among the financial results was a 25 percent rise in revenues from the online gambling operation. Loto Quebec’s current fiscal half year …

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Fantasy football wagering now live in Colorado

12 Nov 2016

Fantasy football wagering arrived in Colorado this week at off-track betting sites. Whilst betting on professional sports in the state remains illegal, wagering at off-track betting entities on professional sports in a format that blends horse racing-style betting and odds with National Football League DFS started. Off-track betting sites already permit gambling on horse and …

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bet365 CEO. The highest paid businesswoman in Britain

12 Nov 2016

The Daily Mail reported Saturday that Denise Coates (49), who started out crunching numbers in her father’s small betting shop and went on to found online betting giant bet365 fifteen years ago, took home GBP 117.5 million last year, made up of her CEO salary (GBP 54 million) and dividends (GBP 65.5 million). The newspaper …

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Launch of new Play’n Go slot imminent

11 Nov 2016

Online games developer Play’n GO is geared up to launch its latest slot, based on the seven mortal sins and titled 7 Sins on November 24. The game is a 5 reel, 7 Sins is a 5 reels 243 ways-to-win game in which rewards are made for adjusted symbol combinations from left to right. The …

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Gameaccount network launches latest simlated gaming casino

11 Nov 2016

B2B Internet gaming software firm GAN plc has announced the launch of an online Simulated Gaming facility for JACK Entertainment in Ohio – a partnership originally announced back in February this year. JACK and its affiliates’ portfolio of properties include over 13,000 gaming positions, more than 400,000 square feet of gaming space, 400 hotel rooms, …

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Online gambling legalisation moves closer in Brazil

11 Nov 2016

The legalisation of online gambling in Brazil is taking an inordinate amount of time to evolve, but the politicians appeared this week to be making some progress with the Senate Special Committee on National Development’s approval of proposal 186/2014. The proposal is a wide-ranging piece of legislation covering a variety of gambling genres, including online …

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Pariplay to provide games for Scottish lottery

11 Nov 2016

Online gambling games supplier PariPlay has announced that it is to supply instant win and scratch card games to the Gambling Commission-regulated Scottish Children’s Lottery, deploying its Fusion network. The company said in a statement this week that the deal is a good fit with its strategy to develop e-commerce lottery games for online lottery …

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Canadian land casino warns punters that it was hacked

11 Nov 2016

The Ontario terrestrial casino brand Casino Rama Resort had the embarrassment of contacting its players this week after becoming aware on November 4 of a major hack that could impact customers, vendors and current and former staff. All were contacted and warned to change passwords and carefully monitor their bank accounts, credit cards and other …

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NetEnt extends Paddy Power relationship to UK retail operations

11 Nov 2016

Swedish online gambling software and games developer NetEnt has announced that its relationship with the Paddy Power-Betfair group has been extended to the provision of gaming content for use in Paddy Power retail betting shops in the UK. NetEnt has signed its second retail agreement for the UK Licensed Betting Office (LBO) market. According to …

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Aussie online gambling games developer previews next slot

11 Nov 2016

Australian online gambling games developer Big Time Games has previewed its next game, due for release on December 7 at licensed operators. The game is the latest in the 6 reel Megaways series favoured by the company, with noisy music and sound effects underpinning a distinctly Wild West theme. See the preview here: https://www.youtube.com/watch?v=V9L_GL_3Ies

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Swedish gambling market continues to prosper

11 Nov 2016

Sweden’s general gambling market continues to prosper, according to the latest information from regulator Lotteriinspektionen, which reported an overall 5 percent rise in GGR over the nine months January to September 2016 in an update this week. GGR from gambling overall in the Nordic nation reached SEK 16.2 billion, with the dominant Svenska Spel delivering …

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Third quarter results explain sell-off of 500.com stock

11 Nov 2016

Reports on Monday that investors had sold off 500.com stock, causing the share price to plummet 25 percent (see previous  report) were followed Thursday by the release of the China-facing online lottery company’s dismal third quarter results, suggesting that at least some shareholders had anticipated bad news. The formerly promising company has been hard hit …

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UK data watchdog warns online gambling firms regarding spamming

10 Nov 2016

Britain’s Information Commissioner’s Office data watchdog has advised that it is investigating massive spamming taking place via the internet, with special attention to the online gambling environment where the practice appears particularly prevalent. The ICO has contacted over 400 gambling companies, warning them that they are required to explain how they use and safeguard customers’ …

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Amatic games for iSoftBet platform

10 Nov 2016

Games supplier and aggregator iSoftBet has announced the addition to its Game Aggregation Platform of gaming content from the well-established developer Amatic. iSoftBet’s GAP is an advanced platform that provides operators with a comprehensive library of third-party games sourced from more than 20 software developers, which can be accessed through a single, integration. Michael Probert, …

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