Richard Moross has advised the Ladbrokes’ Board that he will be stepping down as a non-executive director at this year’s AGM and will not seek re-election as a director. Moross said that his decision was based on a need to devote more time to his other commercial interests. The effective date of his resignation is …
Specialist online gambling software supplier A Bet A is to launch fantasy football into UK and Irish retail bookmaking for the first time with the roll-out of MegaFan Manager product. The service will allow shop customers to use their skill and knowledge of this summer’s Euro 2016 tournament to pick a team of 11 players …
Among the many informative articles on eSports which surfaced over the weekend was one from ESPN examining the response of the traditional gambling industry to the fast rising vertical and its market-coveted young 18 to 34 years age demographic. The piece quotes a typical eSports event at the Mandalay Bay Events Centre last week in …
That scourge of all sports – corruption – has perhaps predictably raised its ugly head in the nascent but lucrative eSports business, with high profile prosecutions in South Korea underlining a determination in the business to combat the evil. The publication Kotaku notes that a report on the StarCraft2 match-fixing scandal has just been released …
US casinos of the future will probably offer a wide range of gambling variants that include skill-based slot machines, online gambling, sports betting, fantasy sports and eSports arenas and wagering facilities, the research company Rubin Brown predicts in its new report “Gaming Statistics”, based on statistical data from the industry. Gaming practice leader Daniel Holmes, …
Skins, usually add-on weapons purchased in-game which can give an advantage in eSports competitions, have reportedly morphed into additional uses that include payment ‘currency’ in wagering on third party websites, usually on eSport competitions. Given the youth of many players and eSports fans, and the lack of regulation in the sector, the wagering reports are …
The future looks bleak for the up-and-coming YP eSports team following a ban by the Electronic Sports League on its participation in league competitions on grounds that it is sponsored by the YouPorn adult entertainment company. Despite efforts by the team to work around the ban, including an offer to re-brand entirely, and an undertaking …
Charges which originated in the 2007 bust of an illegal multi-billion dollar New Jersey sports betting ring culminated this week with a three year jail sentence handed down to the alleged boss of the ring, eighty-year-old Joseph DiNapoli. Prosecutors alleged that DiNapoli, who entered a guilty plea in February this year on racketeering charges flowing …
The police in Kota Kinabalu, capital of the Malaysian Sabah province, have deployed a new weapon in their fight against illegal online gambling operators – cutting off their electricity supply. The measure will help prevent the notoriously persistent illegal operators from simply buying new computers and re-starting operations following police raids…now they will have to …
There is some irony in the fact that after the state of New Jersey has battled unsuccessfully for the last three years to secure intrastate legalised sports betting, the American Gaming Association is now pushing hard for changes to federal law. In terms of the federal Professional and Amateur Sports Protection Act 1992 just four …
Robbie Cooke, chief executive of the Australian Tabcorp group, has confirmed the accuracy of an advisory sent by Tatts Group to shareholders that a A$9 billion merger with Tabcorp is currently on ice. The Tatts advisory explained that both companies are bidding in the A$1 billion sale of the Western Australian government’s TAB network, the …
GameAccount Network (GAN) continued to hoover up the land casino demand for online free-play social casino systems this week, announcing yet another US deal, this time with “one of the largest Native American casino operators in the US.” The operator concerned cannot be identified until the regulators have given approval, but GAN’s Simulated Gaming social …
A dedicated windfall of Euro 70 million will be available for the successful punter who hits the Colossus jackpot on the upcoming Euro 2016 football championship, distributor BetConstruct has announced, claiming one of the biggest sports-gambling jackpots yet seen. On Friday the company took the opportunity to launch a new online betting partner site titled …
Bulgaria-based betting product development, operations and casino marketing group UltraPlay has enhanced its product line-up with Virtual Sports games from BetRadar and online slots from Prague-based Endorphina Games. Chief operating officer Borislav Borisov announced this week that the new virtual sports games have launched at UltraPlay client sites BetEast and VulkanStavka, and Endorphina’s casino games …
The US branch of UK online gambling group Betfair (now part of the Betfair-Paddy Power UK gaming leviathan) has disclosed that starting May 10 it will operate a real-money betting exchange – the first in the United States – with New Jersey horseracing group Monmouth Park in the Darby Development group. Beta testing on the …
The Russian Ministry of Finance has a strange way of creating the right tax environment to encourage online gambling operators, as demonstrated by its recent announcement of a tenfold hike in online gambling taxes paid by Russian bookmakers to 2.5 to 3 million roubles per operating region, along with a plan to make the already …
The Greek government has confirmed that it intends to call a parliamentary vote next week in order to increase the already high tax rate on gaming from 30 percent to 35 percent (see previous reports). In the quest for ever more tax revenue the government appears deaf to pleas from operators that it will be …
With a science fiction theme and a minimalistic lay-out, the new Dice Tronic slot from Bulgaria-based developer Zeus Services launched Thursday, boasting RTP of up to 94 percent. The browser-based 5 reel slot has 5 fixed pay lines and 3 stops, and joins the company’s new NXG Line platform to become Zeus’s second game release …
Kambi’s new Premium sportsbook product, due for release later this year, has already been selected by the Mr Green online casino company to complement its existing casino action. Kambi chief executive Kristian Nylen said in a statement Thursday that Mr Green is well positioned geographically to enhance its success with the new product “We look …
With its eyes firmly on the burgeoning eSports business space, social gaming network Zengaming raised $2.8 million in funding this week, with Australian land casino group Crown Resorts leading the round in its efforts to push further into the eSports competitive video gaming phenomenon. Other investors include financial firms NFX Guild, 500 Startups, iAngels, and …
The Rank Group’s Grosvenor Casinos – the largest land casino chain in the UK – has signed up for Playtech’s cloud-based Neon casino management system, which is already installed and operating across 43 UK casinos in the Genting stable. Grosvenor operates 55 venues across Britain and, once integration is complete, Playtech will be able to …
Online gambling HTML5 software developer Core Gaming has inked a game distribution deal with UK online gambling powerhouse Betfair-Paddy Power. The company revealed in a statement Thursday that the agreement will initially cover five of Core’s most successful titles, including Scratch 4, Sky’s the Limit, Beehive Bedlam and 3 Card Brag, with the games set …
A new survey by Moody’s Investors Service makes an optimistic assessment on the industry, saying there are good growth opportunities despite pressure from increasing taxes and regulation. Titled “Gaming — Europe: Online Gamblers Will Drive Growth for European Gaming Companies”, the report notes that online gaming markets like online poker, casino, sports betting, bingo and …
The Greek government has once again committed to properly and fairly regulating and licensing online gambling in order to replace the highly contentious 24 “temporary” licenses issued and then revoked by government last year, triggering legal actions. But according to Parliamentary discussions this week a new process will likely bring with it an increase in …