AIM-listed investment firm Fast Forward Innovations Limited (Fast Forward) has acquired a 5.9 percent stake in Israel-Based private social gaming developer Moon Active for a total consideration of $500,000 or $22.78 per subscription share. Moon Active, founded in 2011, develops games for iOS and Android devices as well as for the Facebook platform. “Moon Active …
Australian online gambling companies that usually compete against one another for business are planning to collaborate in fighting a common problem – the imposition of the South Australian government’s proposed new ‘place of consumption’ tax. The South Australian tax proposal was introduced by state treasurer Tom Koutsantonis recently (see previous report), with a plan to …
NetEnt’s Mega Fortune Dreams slot rewarded a lucky Casino Euro player with Euro 4,009,504 late July. Identified only as “Heidi”, the 28-year-old Finnish woman reached the Mega Fortune Dreams bonus round after just six spins to win the incredible jackpot. “We’re delighted that we’ve been able to give another top quality casino the fantastic opportunity …
Daily fantasy sports (DFS) operator FanDuel has formally launched in the UK market backed by a new design, logo, product features and site improvements across both its UK and US properties. On launching its first ever fantasy football product in the U.K., the company said it will also expand its U.S. product offer with the …
Czech games developer Endorphina latest title “2016 Gladiators” is set to release in the run up to the start of the 2016 Rio Olympic Games later this week. The new slot is a tribute to the modern Olympic Games and endeavours to provide both the thrill and adrenalin of a race towards a win. “We …
Initial reports suggest that the Massachusetts legislature, in the wrap-up of its two year session which moved late into the night Sunday, has passed major bill H4569, an economic package that includes daily fantasy sports. The bill allows for the temporary operation of daily fantasy sports in the state until July 31, 2018 on condition …
Online gaming firm bet-at-home.com AG Group reported positive earnings during its first half 2016 fiscal period, saying an investment in marketing, in the lead up to, and during the Euro 2016 football tournament had proven successful in increasing brand recognition and new customer registrations. The Betclic Everest Group-owned company reported EBITDA of Euro 9 million …
For the 26th month running Macau’s gambling revenue declined in July 2016, according to official figures released Monday by the regulator. The Reuters news agency reported that gambling revenue in the southern Chinese territory fell 4.5 percent year-on-year to 17.8 billion patacas ($2.2 billion) – at the lower end of analysts’ expectations of between 4 …
Online gambling group GVC Holdings plc has achieved another milestone, announcing Monday that it has been approved by the UK Listing Authority for a move up to a premium listing on the official list of the Financial Conduct Authority. A company statement advised: “GVC is pleased to announce the approval by the UK Listing Authority …
Early reports by Bavarian officials investigating the Munich shootings on July 22, in which an 18-year-old German-Iranian man killed nine people and wounded over 30 others at a McDonald’s restaurant, have noted that shooter David Ali Sonboly was fascinated by such massacres, and was a fan of the favoured eSports game Counterstrike Global Offensive. That …
Online sports betting software provider SB Tech announced Monday that it has secured a full Class 4 Remote Gaming Licence from the Malta Gaming Authority. “The Maltese licence adds to SBTech’s ever-increasing portfolio of European permits, as the company continues to expand its operations across the continent and beyond,” the company said in a statement. …
Online sportsbook Tempobet will be the dominant betting brand around Real Madrid and Barcelona football clubs this season after netting a significant advertising deal. The emerging brand and its sister casino, Tempocasino.com, will feature on the European TV feed broadcast outside Spain throughout western and eastern Europe, including Russia. The sister companies’ branding will be …
The Estonia-based platform provider Relax Gaming has signed a content distribution deal with London-based developer FUGA Gaming Technologies which will see the latter’s games integrated and distributed on Relax’s Silver Bullet platform. Among the popular FUGA titles to go live are Red Temple, Polar Picnic, and Kiss of Luck. Silver Bullet is an open gaming …
A content deal signed in February this year came to fruition Monday when Bet365 announced that the full suite of Yggdrasil games are now live on its websites under Gibraltar and UK licensing. Fredrik Elmqvist, CEO at Yggdrasil Gaming, said: “There is no bigger name in online gaming than bet365, so we are delighted to …
Anti-online gambling Australian senator Nick Xenophon is on the warpath again, and this time it is eSports skin betting in his sights. Over the weekend Xenophon was widely reported in local media as opining that eSports betting was not only the new unregulated Wild West of online gambling, but that it targets the underaged. He …
One of the largest eSports tournaments on the international scene, ESL will take place in Malaysia for the first time early next year and promises to be one of the biggest eSports events yet, with tens of thousands turning out for the live audience and many others watching via live streaming over the internet. The …
UK spread betting company Spreadex has reported soaring turnover and profits in 2015, attributing its success to more punters as a result of a wider range of betting markets. Results for the year ending May 31, 2016, show that Spreadex, which takes wagers on sports and financial markets, saw turnover leap from GBP 40.5 million …
It appears from weekend reports by Bloomberg and Reuters that agreement has been reached on the acquisition of Caesars Interactive Entertainment social game development subsidiary Playtika by a consortium led by Shanghai Giant Network Technology Co. (see previous reports). The news agencies report that a consideration of $4.4 billion in cash has been agreed by …
The UK National Lottery is flighting its latest television advertisement in the #PleaseNotThem series, which has previously featured Vinnie Jones and Katie Price, who have endured a fair amount of social media abuse in the past. This time the production stars singer James Blunt, who in an amusing concept reveals that he has developed a …
The end of June 2016 saw the completion of the Nevada gambling fiscal year, which ended just short of 1 percent up on fiscal 2015 with total revenue of $11.12 billion, according to a report issued Friday by the Nevada Gaming Control Board. Although a slight improvement, the total is substantially lower than fiscal 2007, …
The Philippine Games and Amusement Corp. has revoked the permits of 124 online e-game outlets throughout the country for violation of its existing rules and regulations… specifically that the permit holders had no actual venues, The Manila Standard newspaper reported Friday. Permits for a further 424 e-games and 302 e-bingo outlets will not be renewed, …
The 32Red online gambling group posted its H1-2016 numbers Friday, reporting record net gaming revenue at GBP 30.4 million – up an impressive 63 percent year-on-year. Other metrics recorded by the group included: * Online casino division revenue up y-o-y 24 percent at GBP 21.2 million; * Revenue from other verticals up 223 percent at …
The police in the Melaka Tengah district of Malaysia have reported to local media that in July 2016 along they have confiscated 169 computer sets from illegal online gambling venues, and intend to keep the pressure on unlawful operators. District police chief ACP Shaikh Abdul Adzis Shaikh Abdullah said 19 individuals had also been arrested …
The UK online gambling group Stride Gaming has announced the acquisition of rival online bingo operators Tarco and 8Ball, and marketing company Netboost Media for a total of up to GBP 70 million, as it continues to roll out its plan to double market share in the UK and become the fourth largest online bingo …