Hard on the heels of an op-ed article by land casino billionaire Sheldon Adelson that he supports the presidential run of Donald Trump (see previous report) comes the news that the casino tycoon is prepared to put up $100 million to further the Trump campaign. The Washington DC political newspaper The Hill broke the story …
Daily fantasy sports is set for a difficult passage in the Rhode Island state legislature following opposition from the state lottery this week. The Providence Journal reports that lottery officials have penned a letter to the House Finance Committee arguing that regulation of the vertical would violate the state’s constitution, and that the genre is …
Michigan state Senator Mike Kowall’s initiative to legalise online gambling in his state has run into trouble over ethical questions related to his wife’s professional life as a lobbyist. Activists seeking the tightening of the state’s ethics laws have raised the issue, pointing out that the lobbying firm for which Sen. Kowall’s wife Eileen works …
Craig Venter (53), a South African businessman who formerly headed the Altech Altron electronics empire but left last year, has unveiled a venture into the world of online sports betting through a new company titled ClickaBet. Venter revealed that he has been developing the new company, which is 40 percent owned by businesswomen Nomzamo Xaba …
The stealth tactic of Sen. Lindsey Graham, who inserted Restoration of the American Wire Act language into a must-pass US Senate Appropriations Bill last week (see previous reports) is now out in the open, and was roundly condemned Friday in an op-ed article in the Washington DC publication The Hill. Andrew F. Quinlan, president of …
Major Republican Party donor, land casino tycoon…and virulent anti-online gambling opponent, Sheldon Adelson has voiced his support for would-be US Republican presidential candidate Donald Trump, urging party unity. The Washington Post published an op-ed letter from the ageing multi-billionaire Friday, although there has as yet been no indication of what funding support Adelson may be …
The Australian National Rugby League (NRL) has announced the renewal and enhancement of a four-year sponsorship contract worth A$60 million with Paddy Power’s Australian online sports betting subsidiary Sportsbet. The agreement will run through 2020, ensuring a stream of funding for all levels of the game, according to an NFL statement Friday. Advantages for the …
Mississippi officially became the fourth US state to legalise daily fantasy sports Friday when – just before the deadline – Gov, Phil Bryant signed bill S 2541 into state law. The bill received overwhelming support in the state Legislature mid-April (see previous reports) and the delay in signing has not been explained. The state attorney …
Sportech plc’s long-running legal battle over VAT with Her Majesty’s Customs and Revenue looks set to continue, judging by a statement late Friday put out by the company. The statement advises: “Following the announcement on 4 May 2016 that the Court of Appeal found in favour of Sportech in the Group’s appeal case relating to …
A 2012 bid by the Port Edward Island province of Canada to set up an online gambling licensing jurisdiction with the aid of the local Mi’kmaq Confederacy tribal authority keeps coming back to haunt the government, and raised its head again this week. The venture involved a now disputed contractual arrangement with Capital Markets Technologies, …
Shares in Caesars Acquisition Company rose 9 percent after hours Friday following a Wall Street Journal report that successful online subsidiary Caesars Interactive Entertainment (CIE) had been the subject of several acquisition bids, and that the parent group was considering its position. The report claimed that CIE is working with investment bank Raine Group LLC …
The legalisation of online slots in the Spanish internet gaming market last year continues to boost overall performance of the industry, with Q1-2016 results released this week showing year-on-year revenue gains of 32.1 percent. Reporting on the increase, which took GGR to Euro 102.3 million in the first quarter, the Dirección General de Ordenación del …
Serial UK football sponsor 32Red has announced a three-season shirt sponsorship agreement with Leeds United FC which will give the online casino operator access to the club’s fan base, digital communications and brand exposure at the Elland Road stadium. 32Red group CEO Ed Ware commented in a press release Thursday: “We have a proud history …
Swedish online gambling games provider and Cherry subsidiary Yggdrasil Gaming has released an impressive set of Q1 2016 results, highlighting: * Q1 revenues up 519 percent y-o-y to SEK 14.2 million; * EBITDA at SEK 7.9 million (Q1 2015: SEK -0.4 million); * EBIT at SEK 5.5 million (Q1 2015: SEK -1.9 million); * Bet …
The research organisation Newzoo’s latest quarterly update to its Global Esports Market Report predicts that the number of consumers worldwide that are aware of eSports will surpass one billion this year, up 36 percent compared to last year. The study includes data from the company’s recent consumer initiative in April, which embraced North America, Europe, …
Online gambling games and turnkey provider Oryx Gaming has announced that it has signed an agreement to provide Serbian land and online operator BalkanBet with online, mobile and live dealer casino games from a variety of suppliers. Popular games from Oryx’s proprietary library include Anaconda Eye, Sceptre of Cleo and Golden-7-classic, and these will be …
In pre-publicity material promoting its stand at next week’s G2E Asia, online gambling games developer BetSoft has revealed details of a new 3d slot scheduled for release later this year and titled Rise of the Dragon. The game’s theme is based on the story of young ninja Hana, who must rescue her father after his …
The Indian province of Sikkim, the first to legalise online gambling in the country, has awarded an online gambling licence to Golden Gaming International, a company based in the province. In a press release this week the company advises that it has launched online games and betting operations within Sikkim borders, and has “redesigned” an …
Missouri politicians beat a Friday deadline…just…late Thursday, when the House approved the content of the Senate version of H 1941, a measure seeking to legalise and regulate daily fantasy sports. The bill was sent back to the House by the Senate to reconcile differences in annual fee proposals (see previous reports) and has now been …
Speaking at the Brazil Gaming Congress this week, Brazilian lawmaker Herculano Passos predicted that despite the political and economic turmoil in his country progress was still being made on a major gambling reform bill that includes the regulation and licensing of online gambling. Passos revealed to delegates that the final draft of SB 186/2014 should …
The New Jersey Casino Control Commission chairman Matt Levinson had good news Thursday, announcing that Atlantic City revenues (including the online contribution) were up 8.1 percent year-on-year to $215 million in April 2016. Taking out online returns, the increase was still 6.3 percent. Online casinos did especially well, delivering revenues of $14.3 million for a …
The Minnesota intrastate daily fantasy sports legalisation bill that sailed so easily through the state House last week (see previous report) stalled in the Taxes Committee of the state Senate Thursday on opposition from senior lawmakers Sen. Rod Skoe and Senate Majority Leader Tom Bakk. After some discussion the author of the bill, Sen. Sandy …
MyBet Holdings, a Frankfurt-listed online and retail gambling firm, has reported continuing losses in its Q1-2016 numbers released Thursday. The company reported overall revenues down 11 percent at Euro 14.9 million, with group sports betting revenues down 10 percent to Euro 8.2 million, but a bigger decline than that in online sports betting (down 38.7 …
The Slotland online casino has announced the launch of its latest proprietary game, a video poker offering titled Double Bonus Poker which is a variant on the Jacks or Better theme, but with higher pay-outs for four-of-a-kind, especially four Aces. With increased wins for all four-of-a-kind hands and big payouts on four-of-a-kind Aces, Double Bonus …