Gambling news - page 635

Nevada gambling revenues sink 2 percent in April

30 May 2016

Official numbers released by the Nevada regulator show that revenues in the Silver State continued to decline in April, and were down an overall 2 percent year-on-year at $876 million Las Vegas Strip gambling revenue was down almost 2 percent to $491 million, and downtown Las Vegas winnings were down 13 percent to $43 million. …

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Boom Shakalaka’s app reaches No. 1 in fantasy sports

30 May 2016

Sports technology company Boom Shakalaka has announced that its Boom Fantasy app launched barely four months ago has achieved number one search status in the App Store following two hundred positive reviews giving it a five-star rating. The app offers an experience where fans can compete against each other while watching a live event. Instead …

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Illinois DFS bill latest

30 May 2016

Illinois’s troublesome daily fantasy sports bill was effectively shelved but kept alive during a House Judiciary Committee hearing held Sunday evening to get through a heavy workload before the Legislature adjourns Tuesday. Sponsor Rep. Mike Zalewski, who has encountered some heavy opposition from the land casino industry despite a successful passage of his bill H …

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Online gambling software market firm closing its doors

30 May 2016

The Gibraltar-based online gambling software distributor Odobo, which offered independent developers a way to more widely market their products, has announced that it will cease operating at the end of this (May) month. Citing an inability to keep pace with rising costs, the five-year-old company described the decision as difficult, noting that after operations cease …

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More Guerilla marketing from Paddy Power

27 May 2016

The marketers at Paddy Power are up to their controversial guerrilla marketing tricks again, announcing Thursday that their next target to get the public’s attention is US presidential contender Donald Trump and the size of his private bits. The idea for the campaign came from not always mature comments by various competitors in the fight …

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New daily fantasy sports bill for New York

27 May 2016

The New York state Attorney General’s negative view that daily fantasy sports are illegal in terms of New York state law (see previous reports) has done nothing to dampen the enthusiasm of state politicians Sen. John Bonacic and Rep. Gary Pretlow, who have introduced similar legalisation bills in the Assembly and Senate. The two men …

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Pariplay heads to Gibraltar

27 May 2016

Pariplay Ltd., an online and land gaming technology company, has moved its head office and operations centre from the Isle of Man to Gibraltar after being granted a Remote Gambling licence by the latter, and motivated by the Mediterranean jurisdiction’s status as a global centre for top-tier gambling operators and service providers. The Gibraltar licence …

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NetEnt secures Romanian licensing

27 May 2016

Swedish online gambling software developer NetEnt has revealed in a stock exchange announcement today (Friday) that it has obtained class two licenses from the National Gambling Office in Romania. The licenses cover production and distribution of specialised gaming software as well as management and hosting facilities for online gaming. “Expansion on regulated markets is an …

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New York online sports betting ring busted

27 May 2016

The New York Daily News reports that six local men were arrested Thursday for conducting an online gambling operation that prosecutors claim generated over $13 million between September 2015 and this week through a Costa Rica-based site identified as Stakestake.com. Brooklyn District Attorney Ken Thompson said in a press release: “We’ve now shut down this …

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Canadian fireworks likely following passage of internet interference bill in Quebec

27 May 2016

Apparently disregarding repeated warnings regarding interference with the internet from legal and other experts, Quebec provincial lawmakers this week voted for Bill 74, a law that obliges Internet Service Providers in the province to block gambling websites. The bill authorises the province’s lottery and online gambling operator Loto-Quebec to compile a black list of what …

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South African parliament rejects online gambling licensing and regulation

27 May 2016

It appears that the South African government’s anti-online casino gambling stance is now firmly entrenched after over a decade of indecision and repeated enquiries and commissions. On Thursday a proposal to regulate and licence online gambling which had already been rejected by the Trade and Industry Committee of the National Assembly went to debate on …

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Dutch minister responds on Curaçao concerns

27 May 2016

The Dutch Minister for Kingdom Relations, Ronald Plasterk, appears to have been stung into a response by the national media coverage achieved this week on Curacao criticisms by two Dutch MPs (see previous reports). Plasterk said Thursday that the allegations regarding Curacao corruption, inefficiency and internet gambling licensing in the online casino jurisdiction were not …

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Aussie bookie criticised for supporting local clubs

27 May 2016

Anti-gambling groups in Australia have slammed local online bookmaker MadBookie for its partnership with a dozen local sports club in which the company pays 25 percent of its club players’ losses to the clubs. MadBookie also offers the clubs upfront financial sponsorship including internal advertising, and sponsoring club events or competitions. Club members are given …

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New online casino and sportsbetting platform launched in Romania

26 May 2016

Betano.com, an online platform for sports bets and casino has officially launched in Romania, offering both desktop and mobile formats. The platform offers access to over 4,500 international and local sports leagues and 35 categories for betting on sports and activities that take place around the world, from football matches to the X Factor or …

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Another strong quarter for NYX Gaming

26 May 2016

NYX Gaming Group Limited has released its financial and operating results for the first quarter ended March 31, 2016, highlighting a number of key advances: * Revenue of Cdn$18.8 million or 88.7 percent growth year-over-year; * Organic Revenue excluding acquisitions of Cdn$13.1 million or 31.8 percent growth year-over-year; * Royalty and License Revenue of Cdn$16.5 …

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New fantasy sports app launched by Singapore team

26 May 2016

A Singapore-based company has launched a new fantasy sports app titled SportsHero this week in an initiative which allows sports fans to make predictions on upcoming games with virtual currency wagers. Skirting around actual gambling operations, the app enables users to make money by getting others to subscribe to its tips for $2 per month. …

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EveryMatrix everywhere

26 May 2016

Online gambling white label provider EveryMatrix has announced the opening of its tenth international office in Vietnam. The new establishment will be involved in software development and occupies premises in Ho Chi Minh City. A company statement Thursday revealed that the office will be working on “…JavaScript frontend technologies, such as React JS, Redux, SASS …

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Shareholders vote against Paysafe group exec remuneration proposal

26 May 2016

The Isle of Man-based payment processor Paysafe Group plc may have turned in some impressive results this week, but its annual general meeting produced some unpleasant surprises for the directors when 52 percent of shareholders voted against the group’s executive payment scheme. It’s the third occasion in as many weeks that shareholders of listed UK …

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Ladbrokes announces new tweak to in-play betting

26 May 2016

Ladbrokes has announced changes to its accumulator betting rules with the addition of “Edit My Acca” functionality which allows players to ring the changes on their football accumulator bets whilst the matches are being played. The gambling group collaborated with suppliers Playtech and Openbet in developing the technology, which Ladbrokes claims is a “game changer” …

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UK ad agencies win Paddy Power-Betfair contracts

26 May 2016

The merged Paddy Power-Betfair gambling group has effected major changes to its advertising agencies, according to a report in the marketing publication Campaign Live this week, which revealed that the group’s multi-million pound sterling marketing account will be handled by MediaCom, controlling planning and media buying, with creative work going to the Lucky Generals agency. …

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Chinese officials warn on “one yuan deals”

26 May 2016

The Chinese news agency ECNS reports that a special commission under the China General Chamber of Commerce has warned that online “one yuan deals” are a disguised form of online lottery action which is illegal. In a statement Wednesday the commission said that the incentive offer was originally devised by Chinese e-commerce businesses to attract …

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Revenues up but losses continue at IGT

26 May 2016

* North America Gaming and Interactive division recorded revenues of $339 million (Q1 2015: $30 million); *Adjusted EBITDA of $460 million, up year-on-year by 43 percent; * Strong global lottery growth, especially in North America and Italy, and resilient global gaming revenues; * The award of a cash dividend of $0.20 per ordinary share; * …

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Cloud Tales online slot released by iSoftBet

26 May 2016

Online gambling games developer and platform provider iSoftBet has announced the release on June 1st of its latest online slot, titled Cloud Tales. The colourful new game is available in both HTML5 and Flash formats, and invites players to dive into a fantasy dreamland where 3D-animated creatures float free of cares and concerns on a …

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Betclic bags first Portuguese online gambling licence

26 May 2016

The French online gambling group Betclic Everest has claimed the first online sports betting licence in the new Portuguese national regulatory jurisdiction, Regulação e Inspeção de Jogos do Turismo de Portugal. A company spokesman said Betclic, which is already licensed in Malta and France, had been waiting for a year for the Portuguese jurisdiction to …

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