After months of threats, litigation, legislative action and uncertainty daily fantasy sports is back in New York state, with market leaders DraftKings and FanDuel, along with three other operators, cleared for operations just in time for the football season and the MLB play-offs. The operators were all approved on temporary permits Monday by the New …
Sportsbook technology provider Betgenius claimed in a statement Monday that it has made offering a horseracing product simple and cost-effective with the launch of a new automated product branded Racing Manager. The software completely removes the need for any in-house traders and gives operators access to more than 40,000 events a year across UK and …
Recent rumours circulating in the Australian online gambling market that William Hill plc is about to withdraw in the face of tougher government attitudes, declining profit and taxation threats have been discounted as “completely untrue” in a statement Tuesday from the bookmaker. The group’s Australian arm recently posted reduced profits of A$7 million on revenue …
Online sportsbook Tempobet is to feature on courtside advertising during the forthcoming Euroleague Basketball season. The emerging brand and its sister casino, Tempocasino.com, will be displayed in-game on TV feeds broadcasting the home games of German side Brose Bamberg. The six figure deal, which will feature a minimum of 15 regular season games, is possible …
Look out for the latest Thunderkick mobile slot; the Swedish developer has just released what looks like a revamped and retitled version of its ice cream themed Sunny Scoops online slot which offers better chances of reward and has been titled Sunset Delight. The good news is that the escalating multiplier feature has been retained …
Orbis Partners investment vehicle Intrinsic Equity has invested an undisclosed sum in omni-channel game and platform developer Storm Gaming Technology (SGT). Under the terms of the deal, Intrinsic Equity principal and Orbis Partners senior partner, James Grenfell, will join the SGT Board to assist the company “deliver their ambitious strategic plan”. Group ownership in the …
The Philippine Amusement and Gaming Corporation (PAGCOR) has replaced the senior management group of its Gaming Licensing and Development Department (GLDD) effective August 17, 2016 according to a notification to all licensees late last week. The Remote Gaming Unit’s Nelia S. Lorenzo has been replaced by Marvic P. Baas, Casino Compliance and Regulatory Unit’s Perpetua …
Mobile gaming provider nektan has partnered buckingham hmb ltd for the sale of three of its gaming brands for an initial gbp 1.75 million linked to a simultaneous white label licensing agreement that will see it continue to operate the brands for a five-year term on its evolve platform for a monthly royalty. a further …
Cherry’s recent completion of its payment obligations regarding Game Lounge brings further expansion in Germany and the UK through its acquisition of Interclick Limited. The affiliate network will acquire the assets of Interclick Limited for a $1.5 million consideration. The acquisition includes around 40 domains and affiliate accounts which will strengthen the company’s position within …
Software provider Tain is the latest to receive a Class 2 licence from the Romanian National Gambling Office (ONJN), its first in the Eastern European region. Tain’s licensed offer for the supply of its platform to the Romanian market, falls into a wider expansion strategy for the region. “As we are already integrated with all …
Online gambling games provider and technology provider BetConstruct has announced the final integration of the Multislot portfolio of unique slots and table games for distribution across its partners. The content distribution deal expands Multislot’s presence in the regulated online gaming industry and adds to the diversity of products offered by BetConstruct. Eric Jungels, Multislot CEO, …
The failure of the GBP 3.4 billion 888-Rank acquisition bid for William Hill plc (see previous reports) has triggered a wave of speculation in the UK media over the weekend, with analysts suggesting that the next suitor for the online and land gambling group could be private equity giant CVC Capital Partners. Observers point out …
Australian media reports over the weekend indicate that an enforcement clampdown in Australia is likely to follow the imminent publication of tough new federal laws. Sources have revealed to the press that the new laws will include action against unlicensed offshore betting companies accessing Aussie punters, along with disruption to financial transactions. Licensed companies will …
UltraPlay has announced that two more operators have opted to use its Playfinity platform – gg.bet and esp777.com. Europe-facing gg.bet and Asian-focused esp777.com are eSports oriented websites and will be using the company’s eSports data feed to offer betting on 17 different eSports titles. UltraPlay marketing manager Mario Ovcharov said in a statement: “I am …
A decade after its launch back in 2006, online gambling operator PKR has announced an addition to its player attractions; live dealer casino gaming powered by Evolution Gaming and accessible via desktop and mobile. PKR Live Casino offers a selection of 6 games including Live Blackjack, Live Roulette and Live Casino Hold’em. A statement from …
A Cheltenham-themed online betting comparison and racing news company in the UK has been ordered to hand over its domain name by the official web watchdog Nominet following a complaint by Jockey Club Racecourses Ltd, the organisers of the famous Cheltenham Festival racing. The complainant said that the Cheltenham brand had been used in the …
The police in Taichung, a municipality located in central-western Taiwan, report busting an online gambling ring masquerading as a high-tech cloud computing company. In the raid, 56 suspects were detained for questioning; including a 37-year-old woman surnamed Lin, whom investigators said was the leader of the operation, which catered mainly to Chinese punters in China …
Russia has a new legal gambling region in Krasnaya Polyana following the signed approval of a resolution by prime minister Dmitry Medvedev. The activity will be centred in Sochi, a seaside resort and scene of a recent Olympics sports festival. The Russian news agency TASS reports that the resolution was signed August 10 and has …
English Premier League football club West Bromwich Albion has named the Coral betting group as it official European betting partner in a three-year agreement that gives the gambling company branding opportunities at The Hawthorns stadium, along with pitch side and interview backdrop visibility. Coral is to introduce online and mobile betting services for club fans, …
The Australian publicly listed online betting operator TopBetta has raised A$2.6 million in a new funding drive share placement taken up by institutional investors. 14.5 million shares were placed at A$0.18, and the new capital will be used deploy marketing in order to grow the company’s player base in an “aggressive” strategy. CEO and founder …
Leo Vegas mobile casino has made two live dealer announcements this week with new mobile games from Authentic and NetEnt Live Casino. The Authentic Roulette is streamed live from a prestigious land casino in the Italian Alps, the Saint Vincent Resort and Casino, where online players can join physical patrons around real tables, streamed in …
The dismantling of Philweb following Philippines President Rodrigo Duterte’s initiative against online gambling has triggered speculation that another company involved in the sector, Leisure and Resorts, could be endangered by the purge, according to a report in the business news publication Bloomberg. There are indications that this possibility is of concern to the investment community; …
David Einhorn, a successful entrepreneur, hedge fund manager and tough poker player has bought almost 4 million shares in Pokerstars parent the Amaya group at an average cost of US$13.77 per share, the investment publication The Motley Fool reports. The report notes that Einhorn’s Greenlight Capital fund may have lost 20 percent last year in …
The Macau Daily Times reported Friday that the recognition of eSports as a sport has been rejected by the Macau Sports Administration Bureau and is currently not on the organisation’s horizon. The Bureau responded to an enquiry by the publication, saying that it must consider the development, acceptability and suitability of different sports in society. …