Top Australian gambling group Tabcorp is facing a further 61 reaches of contravening anti-money laundering laws, the Sydney Morning Herald newspaper reported Thursday. The report is a follow up story to the news earlier this month that the Australian Transaction Reports and Analysis Centre (Austrac) had filed additional charges against the gambling company in a …
Online gambling content developer Gaming Realms announced Thursday that it has inked a five-year content and distribution agreement with Scientific Games, although it did not provide any detail on the financial arrangements surrounding the deal. Following the agreement, Scientific Games will have exclusive rights to produce Slingo-branded [slots-bingo] slot machines and to distribute them to …
Online gambling platform provider Leander Games has teamed up with the Swedish NASDAQ-listed alternative betting exchange, SpiffX to distribute the gaming technology supplier’s innovative new live betting app, Take 5. Take 5 is a simple, high turnover game initially focussed on football. It allows players to make a one-click bet at odds of 5/1 that …
The writing is on the wall for in-play betting – workarounds and all – in Australia after Social Services Minister Alan Tudge indicated Thursday that the federal government plans to ban the popular but contentious practice. That will be a blow to major foreign companies operating Australia such as William Hill, Sportsbet, Ladbrokes and bet365 …
Online gambling games developer SoftSwiss has released a new slot titled Johnny and the Octopus, claiming that it is a step forward in casino game development as the world’s first 3D online title based on WebGL technology. The game has an undersea theme populated by a range of aquatic creatures, all of which are animated, …
Swedish online gambling games developer Yggdrasil Gaming has launched its third slot in the Jokerizer series, introducing a new hold feature which will let players chase bigger wins. Titled Wicked Circus, the new game builds upon the success of The Dark Joker Rizes, which remains a strong performer for Yggdrasil across all markets more than …
A NetEnt games content agreement signed with Gamesys US last November came to fruition Tuesday when the Swedish developer’s online casino games went live on the Tropicana Atlantic City Online website in New Jersey following a successful integration process. Gamesys US operates one of New Jersey’s online gaming platforms, which supports the TropicanaCasino.com and VirginCasino.com …
The credit arm of U.S private equity firm Blackstone Group LP has boosted its ownership stake in online gambling group Amaya Inc., according to a report in the Globe and Mail Monday. GSO Capital Partners LP revealed that a group of funds that are either managed or advised by it have acquired 11 million common …
The Colorado House of Representatives approved an intrastate daily fantasy sports legalisation bill HB 1404 Monday on a vote of 44 vs. 21, sending the measure on to the state Senate. The Associated Press news agency reports that the new bill requires DFS operators to register and obtain licensing from the state, although the bill …
US media reports Monday were debating a possible conflict of interest issue involving the editor of the Las Vegas Review-Journal (bought by the Adelson family recently) and columnist John L. Smith, who has had a legal brush with Sheldon Adelson in the past. Following Adelson’s acquisition of the LRVJ, long-time columnist Smith wrote a piece …
The Washington State Gambling Commission has announced that it has hired the professional services of New Jersey gambling consultants Spectrum Gaming to prepare an economic market study on gambling in the state. A press statement from the Commission notes that Spectrum has worked in the field since the 1980s and has conducted studies on gambling …
The latest Sunday Times Rich List in the UK shows that the Coates family – owners of online gambling group bet365 – have continued to prosper since last year and have now moved into the Top 25 list, having boosted the family fortune by GBP 1.4 billion since last year to GBP 3.8 billion. That …
Private equity group CVC Capital Partners is at the centre of another major gambling deal, announcing Sunday that it signed a binding agreement to acquire a majority stake in betting firm Tipico, Germany’s largest private sports betting group. Privately-held Tipico – a sponsor of soccer clubs like FC Bayern or Hamburg’s HSV – was put …
The full year 2015 results for online gambling group GVC Holdings were released Monday, revealing that pre-tax profits plunged almost 40 percent despite rising revenues from wagers, as the gambling company grappled with the cost of its GBP 1.1 billion acquisition of loss-making rival Bwin.Party (see previous reports). The Isle of Man-based group reported that …
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 …