30 years on from the 1986 deregulation of financial markets in the UK – the so-called Big Bang – the City of London saw the launch this week of what is claimed to be the world’s first online financial peer-to-peer financial betting exchange. Reporting on the event, the business publication Fortune explained that Flexihedge is …
A study of online gambling mandated by the massachusetts legislature gets underway this week when legal and gaming experts join a group of lawmakers for the first time monday as part of the special commission on online gaming, fantasy sports gaming and daily fantasy sports. it marks the start of a process that could lead …
The UK National Lottery operator Camelot has released its latest numbers, revealing that ticket sales reached GBP 7.7 billion in the year ending March 31, 2016 – up from GBP 7.3 billion in 2015 and the highest since the lottery was launched in 1994. Camelot reports that the increase in sales was driven by scratch …
Online slot fans have been spoilt for choice again with the release of four new slots from quality developers Blueprint Gaming in the Gauselmann group, Aristocrat, 2By2 Gaming and ELK Studios. First up is King Kong Cash, a 20-line video slot from the UK-based games developer Blueprint Gaming that features 5 full-fledged bonuses and 5 …
UK National Lottery operator Camelot had an embarrassing experience this week when it had to pull a malfunctioning app that could have led to users dumping winning tickets. Sky News reported Friday that the Lottery has “suspended” the app, which lottery ticket holders use to check their results, advising users to re-check their tickets on …
Our readers may recall an earlier report in which we covered the growing the threat of the Mirai super distributed denial of service botnet being deployed with malicious intent by unknown groups, who had boosted the threat by posting the coding on hacker forums. The danger represented by Mirai is that it is capable of mustering …
Big Fish Gaming, the consistently profitable online social gaming arm of US gambling group Churchill Downs, continued to be the group’s best performer in the quarter ended September 30, delivering an 18 percent rise in revenues to $122.3 million, although actual earnings slipped by a third to $23.4 million, mainly due to heavier marketing spend. …
On Friday a press release from a German prime minister’s conference boosted hopes that the chaotic and frustrating regulatory scene in regard to online gambling policy in Germany may at last be on the road to a fair and logical reorganisation. The release notes that Germany’s sixteen lande (provinces) have reached broad agreement on a …
The Mr Green online casino and sports betting group has reported improved year-on-year performance in Q3-2016, attributing some of it to the introduction of its sports betting service. The online operator noted the positive impact of a “broadened product range, a growing number of customers and a stronger market position outside the Nordic region” on …
Online gambling operator Betfair has returned to UK television with its first advertisement in two years, launching a new campaign titled “Ready”. Developed by Lucky Generals, the lead creative agency for the Paddy Power-Betfair conglomerate, the campaign seeks to highlight the wide range of gambling products on offer at Betfair and features real casino footage, …
ESPN triggered renewed speculation on a DraftKings – FanDuel merger Friday when it published an article claiming that the two dominant players in the daily fantasy sports industry, are finalising terms of a merger. Quoting multiple but anonymous sources close to the matter, ESPN said an agreement was “imminent” and could be announced as early …
Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump. The gambling group plans to aid at least 30 start-ups annually in two categories dubbed ‘Incube’ and ‘Accelerate.’ …
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product. Coral went live today (Friday) with this new sports betting product under the brand ‘Player Bets’ and will by agreement enjoy a period …
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalisation and court-ordered tax fixes in the dying days of the current political season. Our readers may recall that on Wednesday the Senate sent bill H 1887 …
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation. The Commission is now working to refine the proposals and has asked for further input from the industry. Cliff notes on the …
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers. The latest providers engaged by Oshi are Habanero and …
German company Merkur has boosted the games inventory of its Spanish-licensed online casino Merkur Magic.es by adding another 15 mobile games, bringing its total selection to 45. The site offers Merkur and Blueprint Gaming casino games, including titles like Double Triple Chance, Magic Mirror and Blazing Star.
German online gambling operator Mybet has issued a warning to investors that it will have to reduce its forecast revenues for FY 2016 to Euro 43 – Euro 46 million (down from Euro 59 to Euro 62 million predicted earlier), indicating that the Frankfurt-listed company continues to struggle. The statement this week reveals that Mybet …
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend….and just in time for Halloween. Titled Attack of the Zombies, this is a 5-reel, 50-line slot game featuring Antidote Free Spins, in which players travel back in time to …
High profile online gambling entrepreneur Calvin Ayre has apparently partnered with the government of Antigua and Barbuda in the introduction of an international business process outsourcing venture (by definition that includes elements like support centres) titled Champion Services. Ayre joined with government officials this week in a ground-breaking ceremony for a five-storey centre on Antigua …
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority licence that permits the company to host and manage Malta-based gaming operators. The Class 4 Remote Gaming Licence will assist Tom Horn Gaming in its drive into the European gaming markets, a company statement said Wednesday. Ondrej Lapides, CEO of Tom …
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalisation bill already passed by the House four months ago (see previous reports) dwindled Wednesday when no progress was made and the legislature’s season officially closed. Now legalisation hangs on the slim thread of two additional House special sessions …
William Hill’s group director of change, Cem Miralay, has taken up a new position within the company as chief customer officer. Miralay has been with William Hill for less than six months, joining the company having held the position of chief experience and chief product officer at Betsson for just over three years.
Galaxy Group Ltd has announced the acquisition of VitalBet and “other eSports brands” from Vital Media for an undisclosed consideration as it seeks to strengthen its position within the eSports sector. “We are very happy with going forward with the acquisition and starting the VitalBet Pro League. We have high hopes that the interest in …