Gambling news - page 602

University study concludes that problem gambling risk is higher online

24 Aug 2016

The results of the annual study of gambling by Rutgers University’s Center for Gambling Studies, conducted with responsible gambling funds from New Jersey operators, have been released and can be accessed here: http://www.nj.gov/oag/ge/2016news/2016ResponsibleGamingInternetGamingReport.pdf One of the potentially more controversial conclusions is that the risk of problem gambling appears to be higher online. Basing its finding …

Read now

Netent launches new ‘Secrets of Atlantius’ online slot

24 Aug 2016

Online gambling software supplier NetEnt announced the launch Tuesday of its latest online slot, a 5 reel, 40 pay-line game themed on a mythical undersea city and titled Secrets of Atlantis. Highlights, nudge wilds, symbol re-spins and win-both-way features are all incorporated in the game.

Read now

GameAccount Network raises euro 1.5 million in additional funding

24 Aug 2016

Dermot Smurfit’s simulated remote gaming technology firm GAN has announced that it has been successful in raising a further GBP 1.3 million in investment capital through the placement of 3.25 million ordinary shares at 40p each with Dermot Desmond’s IIU. The sale represents 4.6 percent of the enlarged issued share capital of the company, in …

Read now

Big Blox slot launched by Yggdrasil

24 Aug 2016

Online gambling games provider Yggdrasil has released its latest game, a 5 reel, 243 Ways-to-Win online slot titled Big Blox which features a theme based on the mysterious stone structures found neglected and overgrown in deep tropical jungles. Yggdrasil boasts that in this game players have the opportunity to major rewards in a single spin …

Read now

Draftkings preps $5 million, ten day DFS festival

24 Aug 2016

Daily fantasy sports operator DraftKings has set aside a budget of $5 million in player rewards to kick-start its involvement in the 2016 Major League Baseball season, titling its latest 10-day DFS festival the Fantasy Baseball $5 Million Championship Series. The series runs through to September 2 and will feature a wide variety of MLB-themed …

Read now

Sri Lanka operator takes SIS stream platform

24 Aug 2016

Betting and gaming industry supplier SIS has announced its inaugural penetration of the Sri Lankan market following a deal to supply its Stream platform to major operator Sporting Times. The deal allows for customisable high definition content to be shown in shops through SIS’ low latency IPTV streaming network, and in addition permits Sporting Times …

Read now

Kenny steps down from Paddy Power Betfair board

24 Aug 2016

Paddy Power Betfair plc has announced the resignation from the board of non-executive director Stewart Kenny. Kenny co-founded Paddy Power in 1988 and was group CEO until 2002 when he retired from his executive role. He was chairman from 2002 to 2003 and has remained on the board as a Non-Executive Director for the past …

Read now

Sportech appoints new non-executive director

24 Aug 2016

Sportech plc announced the appointment of a new non-executive director Wednesday, naming UK businessman Richard Maguire (49) Maguire has served shareholders’ interests in a number of UK public and private companies as Non-Executive Director and in other senior management positions. Although spending most of his career within investment markets at leading global firms including HSBC, …

Read now

Sportech posts H1-2016 numbers

24 Aug 2016

Pool betting operator and technology supplier Sportech plc has posted its interim results for the six months ended 30 June 2016, noting the following highlights: * Total Group EBITDA of GBP 11.1 million, marginal improvement over H1-2015’s GBP 11 million; * EBITDA from continuing channels increased by 5 percent to GBP 11.1 million from GBP …

Read now

Stellar Paddy Power Betfair interim released

24 Aug 2016

The much-anticipated H1-2016 results from the merged Paddy Power Betfair group were posted Wednesday, with management claiming that momentum has been maintained, and that the integration of the two betting giants is ahead of schedule. Highlights of the report include: * Revenue up 18 percent to GBP 759 million, with double-digit growth in all four …

Read now

PAGCOR about to begin online gambling licensing again

24 Aug 2016

Having all but destroyed major online gambling companies like Philweb and Leisure and Resorts, the government of President Rodrigo Duterte appears to be trying to recoup the losses to its coffers incurred in that purge by re-starting the suspended Pagcor licensing process…but only for operators who agree not to access the Philippines market. Pagcor chief …

Read now

Big win on Sky Vegas

24 Aug 2016

Scott Clydesdale (40) from Durham, UK won GBP 1,627,168 million in just 23 minutes after 125 spins of play on the Toy Factory slot at Sky Vegas. Clydesdale said the windfall would help with his wedding plans for next year and he will take his first holiday ever outside of England, after he has received …

Read now

888sport launch geolocation game

24 Aug 2016

The company has launched its Free Bet Hunt game made available to players using mobile devices, in-stadia and outside, on match days. Free bet hunters can follow a map that indicates spots outside football stadium’s where exclusive free bets can be unlocked. The game initially launches within its partnership with Sky Bet Championship club’s Nottingham …

Read now

Vietnam seeks to legalise limited football sports betting

24 Aug 2016

According to an anonymous Government official, the Vietnamese Finance Ministry is set to submit a proposal to Government for the approval of limited sports betting on pre-selected international football matches, Thanhnien News reports. The proposal reportedly outlines limited sports betting on football matches selected by the Ministry of Culture, Sports and Tourism and caps maximum …

Read now

West Ham United renew Betway partnership

23 Aug 2016

West Ham United and Betway, who first partnered in February 2015, said the success of their previous partnership made both parties keen to secure a significant extension. “We are delighted to extend our relationship with Betway, signing our biggest-ever commercial deal in the process,” West Ham’s Vice-Chairman Karren Brady said. “Our brand has grown faster …

Read now

32Red partners Jockey Club Racecourses

23 Aug 2016

Online gaming company 32Red has signed a three-year partnership deal with Jockey Club Racecourses as the new sponsor of Sprint Cup Day at Haydock Park Racecourse. As a founding Authorised Betting Partner of British Racing, 32Red will sponsor the full card on 32Red Sprint Cup Day in 2016, moving to sponsor the three-day Sprint Cup …

Read now

Leo Vegas’ new ad a conversation starter

23 Aug 2016

LeoVegas’ new 30-second TV spot is unusual to say the least. It’s a two part series dubbed ‘Carcass’ which features LeoVegas’ lion mascot wooing a carcass of raw meat on the dance floor. Created by ad agency Now, the ad is sure to perplex some but Now executive creative director Remco Graham said the agency …

Read now

Xbet sign up for full suite of Betsoft games

23 Aug 2016

Betsoft Gaming has clinched a deal with Asian-focused platform provider Xbet for the provision of its full suite of igaming content. “It is such a pleasure to be launching Betsoft games on our platform,” said Xbet’s Operations Manager. “Our players are very excited and so are we. We believe it is going to be a …

Read now

New opportunity for Unity games developers on Facebook

23 Aug 2016

Development platform provider Unity Technologies and social media juggernaut Facebook have teamed up in support of game developers with the launch of a new Facebook PC gaming platform. Developers are invited to export their Unity 5.4+ games to the platform to provide them new ways to reach and engage literally hundreds of millions of gamers across Facebook. As an …

Read now

New senior management appointments at GVC Holdings.

23 Aug 2016

Online gambling group GVC has announced new senior management appointments in its online and live dealer casino divisions, advising that former Lottoland VP Rob Fell is to head casino product; former Talarius strategy chief Andrew Whitworth will manage content; and Oliver Bartlett has left bgo.com to become head of live dealer operations. Whitworth’s responsibilities will …

Read now

Perform Group now active in Japan

23 Aug 2016

Perform Group’s new DAZN network has launched its live sports streaming service in Japan after securing J-League football streaming rights in July. DAZN Japan will also include content for European football leagues; Bundesliga, Ligue1 and Serie A, and additional network sports content will feature US sports from MLB, NBA, NFL, NHL competitions, along with PGA …

Read now

Rank plc reports a positive year

23 Aug 2016

The UK land and online gambling group Rank plc released its full year results to end-June Tuesday, claiming continued like-for-like revenue growth across all brands and channels. However, analysts noted that the group operating profit before exceptional items at GBP 82.4 million fell 2 percent, impacted by higher digital operating costs and a weak fourth …

Read now

Latest Aussie gambling stats show pokies still dominate

23 Aug 2016

Sports betting losses are rapidly increasing in Australia but they remain way behind those incurred on the pokies, according to the latest statistics released this month. The Australian Gambling Statistics show Australians lost A$ 22.7 billion in 2014-15, which equates to $1,242 per adult member of the national population. Pokies remain the punters’ favourite and …

Read now

Atlantic City casino profit rises in H1-2016

23 Aug 2016

Atlantic City’s remaining land casinos reported collective profits up 21 percent in the first half of 2016, indicating that the embattled industry may be stabilising following the closure of several venues. Figures released Monday by the New Jersey Division of Gaming Enforcement show the eight remaining casinos reported a collective second-quarter profit of about $259 …

Read now