US gambling group Boyd Gaming Corporation announced Tuesday that it has agreed to sell its 50 percent equity interest in Marina District Development Holding Company, the parent company of Borgata Hotel Casino and Spa in Atlantic City, New Jersey, to MGM Resorts International for consideration of $900 million, as well as a 50 percent share …
Details are still sparse, but it appears that a UK player has hit a progressive jackpot worth GBP 1.6 million at the BGO Casino on a stake of just GBP 6.25, placed on an iPhone on Playtech’s Gladiator slot. Player 52ALM apparently hails from Bedfordshire and plans to use the windfall to buy a new …
Gibraltar-based online lottery provider Lottoland has secured a remote gambling licence from the Republic of Ireland National Excise Licence Office, the third jurisdiction that has accepted the company in the last year. The licence enables Lottoland to offer online lottery products that include lottery betting, scratchcard and games to players based within the Republic of …
The Macau Statistics and Census Bureau has released Q1-2016 numbers showing that gross domestic product (GDP) on the gambling island slipped 13.3 percent year-on-year in the quarter, attributed largely to “the continuous decline in exports of services and decrease in investment.” Exports of gaming services dropped by 17.1 percent y-o-y, with gaming services equivalent to …
WinView, a startup company enabling users to bet for free on real-time sports has raised a further $3.4 million bringing total fund raising to $6.5 million to date. The company, whose main revenue stream lies in advertising, offers a free-to-play fantasy sports betting app sync’d with live TV football games. Closing this Series A round …
Australia’s Northern Territory Government (NT) has passed the Racing and Betting Legislation Amendment Bill 2016 allowing companies offering betting exchange products to be based in the Territory. The legislation passed in the Northern Territory Parliament late last week will reinforce the region as a premier jurisdiction for online wagering and new job creation, Peter Styles, …
The Seattle-based mobile technology and marketing firm SinglePoint has acquired its second daily fantasy sports company after signing a deal with DraftFury. Our readers will recall that earlier this year the company acquired Hawaii-based GoDraft using “cash and restricted common stock”, commenting that it was the first of several future planned acquisitions. The terms of …
Online gambling software provider Playtech plc has unveiled a comprehensive strategic plan to significantly increase its market share of the IP-based casual games market. This initiative follows the completion of the acquisition of Funtactix, a publisher of film and television-based games which has built a reputation in Hollywood and with gamers for delivering authentic casual …
Two gambling expansion bills voted down by the Pennsylvanian House last week and including online gambling legalisation could be back on the table for more discussion when lawmakers return from a brief break next week, according to political observers. Our readers will recall that due to the confusion surrounding the rejection of the bills, immediate …
Having just completed its Openbet purchase, NYX Gaming Group has announced another acquisition, this deal for UK-based gaming content and platform provider BetDigital. The company said Betdigital will provide NYX with a game development platform and studio that caters to the UK retail and online markets, along with the ability to further exploit opportunities for …
Football and sports jackpot firm COLOSSUS BETS has taken its flagship Pick 7 Euro 10,000,000 Colossus live across web and mobile platforms on Betclic and Expekt and will be exclusive to those brands in the French market. “We are delighted to have added another top tier operator to our growing stable of live partners,” said …
Malta-based gaming company Playson has relinquished their Malta Gaming Authority Class 4 License saying it will continue operations on their UK and Alderney Gaming Licenses. “The move towards local licensing in Europe’s biggest markets has necessitated a change of thinking about our compliance needs,” said Adam Daniel, Playson’s Managing Director. “The bulk of our European …
Poland’s Ministry of Finance has released a draft proposal for the amendment to the country’s law on gambling saying it goes a long way towards addressing so-called “grey areas” and provides the highest level of protection for players against problem gambling. The wide-ranging proposal introduces regulations concerning blocking of websites and payments to online entities …
Toronto-listed social and mobile gaming developer Imperus Technologies delivered strong growth in its first quarter 2016 financial report for the three month period ending March 31, 2016. Imperus generated revenue of CAD 10.9 million (Q4/2015: CAD 8.4 million) and Adjusted EBITDA of CAD 3.0 million (Q4/2015: CAD 2.6 million). Operating EBITDA for the three months …
Microgaming’s upcoming July release is a deep-sea-fishing-themed 5-reel, 15-payline slot that promises a combination of new functionality and popular features. Reel Spinner features a two stage Free Spins selection triggered when players land 3 or more Scatters across the reels. Players can be awarded a variable number of Free Spins and a variable multiplier up …
Fairload Limited’s recently launched Malta-licensed online casino LVBet has partnered BetConstruct for its Odds Feed Service as it anticipates the launch of its new sportsbook. Our readers will recall LVBet launching in April with an impressive content portfolio from some of the leading gaming providers such as Microgaming, Greentube, Edict, NetEnt, Wazdan and Thunderkick (see …
BalkanBet, a Serbian online gambling operator, has announced the addition to its inventory of a full range of virtual games and sports betting solutions through NSoft’s proprietary multi-channel Seven platform. The games will initially launch for desktop and retail use, but mobile and terminal versions will shortly follow. The Seven platform acts as the base …
Kazakhstan bookmaker FinBet has launched in Central Asia on the Digitain platform at Finbet.kz….and has revealed that it has ambitions to open 30 betting shops in time for the Euro 2016 football festival later this month. Chief operating officer Oganes Ter-Oganesiani, said in a statement that his company plans to become a major force in …
Macau’s falling gambling revenues in recent years have been a major cause for concern regarding the future of the Chinese gambling island, but one gaming expert believes properly regulated and licensed online gambling could assist land casino operators to weather the storm. Chris Tio has wide experience in the field and was at one time …
The Betway Group has announced the launch of its Ghana-licensed betting website overseen by the Ghana Gaming Commission and sporting a .gh domain. Betway joins 15 other gambling operators licensed in the African nation, where a growing number of gamblers now have the convenience of access to gambling facilities via the internet and – notably …
Asian-facing games developer Booming Games has released its latest online slot, a 5 reel 50 pay-line game with a Chinese teahouse theme and amusing and animated characters. Titled Chow’s Chance, the game has a tranquil teahouse theme which managed by Mr. and Mrs. Chow, a panda and a cat with very human traits and characteristics …
HTML5 games developer Core Gaming has boosted its distribution to operator opportunities by inking a partnership deal with Leander Games, utilising the latter’s LeGa platform. The deal opens access to Core’s products for the first time to a number of operators, with the first games set to go live on the LeGa remote gaming server …
CVC Capital Partner funds (CVC) have acquired a 100 percent equity stake in Italian gaming and payments operator, Sisal Group S.p.A. (Sisal) from funds advised by Apax Partners, Permira and Clessidra for a Euro 1 Billion consideration. Headquartered in Milan, Sisal is a leading operator in the Italian gaming market and a prominent payment services …
Greek gaming giant OPAP said it has been severely impacted by retrospective tax in its latest quarterly report for the three month period ending March 31, 2016. The interim management statement reported a 4.4 percent drop in gross gaming revenues (GGR) to Euro 340.7 million (Q1/2015: Euro 356.3 million) impacted largely by a drop in …