Gambling news - page 656

New Daredevil slot from Core Gaming

5 Apr 2016

HTML5 games developer Core Gaming has announced the launch of its latest online slot, a 25-line game themed on the memorable exploits of the famous motorcycling daredevil Evel Knievel. Titled Evel Knievel Road to Vegas, the slot offers a maximum possible pay-out of GBP 250,000 and a theoretical return to the player of up to …

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Aspers inaugural Cash Game Festival rated a success

5 Apr 2016

Aspers casino in London has reported that its inaugural Cash Game Festival from March 30 to April 3 was a notable success, with over 20 tables fully occupied for much of the time as poker fans responded to the opportunity to compete in no-limit hold’em, dealer’s choice, pot-limit Omaha, six-plus hold’em, and open-face Chinese poker …

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EnergyCasino gets its brand out there

5 Apr 2016

EnergyCasino Partners has come up with a marketing ploy that invites affiliates to publicise its online casino brand in return for a Euro 15 credit to their business accounts. “Genuine, original, well-written articles, posted on niche gaming forums and sites should always be a central plank of any marketing strategy, and we want to encourage …

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South African government sets its face against online gambling

5 Apr 2016

After over a decade of political dithering, surveys, commissions and fact-finding jollies, the South African government has decided against legalising online gambling, according to a final policy document released (appropriately) on April Fool’s Day this year by the Department of Trade and Industry. The document indicates that the government’s main objection to online gambling is …

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PaddyPower-Betfair mulls job cuts

5 Apr 2016

The job cuts which are inevitable when large companies merge and have to handle staff activity duplications are on the horizon at PaddyPoker-Betfair, according to staff advisories sent out this week, which inform employees on the 7,200 workforce that around 650 jobs will have to be sacrificed. Reporting on the issue Monday, the Irish Times …

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UK parlamentarians to be briefed on online gambling

5 Apr 2016

Online gambling is the topic for the first in a seminar series designed to improve the knowledge of British lawmakers through events organised by the Parliamentary All Party Betting & Gaming Group. A press release from the group says the inaugural seminar will focus on the future of internet gambling and is scheduled for April …

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Genesis Gaming’s Euro Golden Cup

5 Apr 2016

Gaming developer Genesis Gaming is readying the imminent launch of its newest release “Euro Golden Cup”, a 25-line, 5-reel video slot featuring a collection mechanism and multiple unlocking levels and features. Euro Golden Cup is built around a multi-national soccer tournament theme providing players who have a love of soccer with powerful levelling features as …

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Kambi files high in FY2015 results

5 Apr 2016

B2B sports betting provider Kambi Group plc delivered record full year results in its audited final 2015 financial report Monday. Key performance highlights for the 12 month period ending December 31, 2015 include: – Total revenue of Euro 47.7 million (2014: Euro 36 million), an increase of 32 percent year-on-year. – EBITDA of Euro 13.6 …

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Series of all time highs in Casinos Austria 2015 results

5 Apr 2016

Casinos Austria AG and Austrian Lotteries Group, the part-state owned entity currently the target of a partial takeover by Novomatic and Czech investment firm SAZKA Group, posted a record Euro 100.5 million (2014: Euro 69 million) almost doubling operating profit despite a decline in revenue to Euro 3.599 billion (2014: Euro 3.6 billion). Net profit …

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More on William Hill investment in NYX Openbet acquisition

5 Apr 2016

William Hill Plc’s investment of GBP 80 million in the form of a note redeemable in cash or shares in NYX Gaming Group supporting the acquisition of Openbet (see previous report) along with a further GBP 10 million in equity in NYX and a 10-year commercial agreement secures the company’s existing technology platform and establishes …

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Bitcasino issues FY-2015 report

4 Apr 2016

Bitcasino.io, which claims to be the world’s first legally licensed and regulated Bitcoin-only online operator, has released some impressive numbers from its Full Year 2015 activity. Highlights include: * 1370 percent year-on-year turnover increase in 2015, with stakes of over Euro 50 million by end December 2015; * Largest single win of 274 Bitcoins (Euro …

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Online gambling information portal sold for Euro 15 million

4 Apr 2016

Catena Media, a Stockholm Nasdaq-listed affiliate marketing company, has announced that it has inked an agreement to acquire online gambling information and affiliate portal AskGamblers.com for Euro 15 million. The deal is Catena’s third major strategic acquisition this year. Gibraltar-based AskGamblers is a high profile online information site which also assists players with complaints against …

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Trada casino to drop Isle of Man licensing

4 Apr 2016

TradaGames (IOM) Limited has advised players at its Trada Casino that effective April 8 it will be focusing on its UK Gambling Commission licensing and relinquishing its Isle of Man Gambling Supervision Commission licence. The company did not give reasons for its decision in an email to players which advised: “We have recently taken the …

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Cheltenham “no pay” furore latest

4 Apr 2016

The confiscation of Cheltenham horseracing winnings by Isle of Man licensed online sports books 138.com, 12Bet, Fun88.co.uk and TLC Bet is being investigated by the Isle of Man Gambling Supervision Commission, the regulator confirmed Monday. The bookmaking companies have claimed that they seized winnings due to “suspicious transactions” (see previous reports) In a statement, the …

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Senet Group on the hunt for new CEO

4 Apr 2016

The chief executive and founder of the independent industry body Senet Group, Ron Finlay, has resigned saying: “Now feels like the time for someone new to take it on the next step of the journey.” “Senet Group has been on an amazing journey in the last 18 months. We have taken the idea from a …

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Quickspin in content supply deal with Iforium

4 Apr 2016

Stockholm-based games developer Quickspin will provide a full suite of desktop and mobile video slots to platform provider Iforium as well as a series of promotional tools that include its Feature Trigger and Flexible Free Rounds. A range of QuickSpin’s top performing titles, including new releases, Second Strike, Genie’s Touch and the forthcoming title The …

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NYX to acquire Openbet

4 Apr 2016

NYX Gaming Group through NYX Digital Gaming Limited, a newly incorporated, wholly owned subsidiary of Holdco, along with co-investment partners William Hill Plc and Sky Betting & Gaming (SkyBet), have put industry speculation to rest with the announcement of the acquisition of OB Topco Limited, more commonly recognised as Openbet. NYX and its co-investors will …

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Mybet to sponsor Ghana football club

4 Apr 2016

Online sports betting operator MyBet has announced a sponsorship deal that will see it supporting the Ghana Premier League football club Sekondi Hasaacas FC. The financial terms of the sponsorship were not disclosed, but the company has revealed that it has an option to renew on a season by season basis. The deal carries the …

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Large stock trades on Amaya in Q4-2015

4 Apr 2016

The Canadian online gambling group Amaya Inc. both attracted and repelled investors during the fourth quarter of 2015, recently published details from stock exchange records reveal. Investment management group Echinus Advisors scooped up 1,118,300 additional shares in the company during the fourth quarter, bringing the fund’s holdings to 2,408,800 shares – 12.41 percent of its …

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UK football team’s remarkable rise continues

4 Apr 2016

The remarkable story that is the soaring Leicester City football club in the English Premier League continued this weekend when the dream team beat Southampton 1 vs. 0, consolidating its seven-point lead over Tottenham Hotspur at the top of the league table. Online and land gambling group Ladbrokes said at the weekend that the gap …

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567 computers seized in Virginia online gambling raids

4 Apr 2016

567 computers, along with other evidence, was seized by police in Virginia late last month following investigations into so-called “retail bidding” companies, the latest ruse used by former internet cafe gambling providers to find workarounds in state anti-online gambling laws. The most recent raid was carried out on a recently opened 10,000 square foot “retail …

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Quebec campaign against online gambling competition in the news again

4 Apr 2016

On a slow news weekend the Quebec provincial government’s attempts to shield its online gambling enterprise Espace Jeux from competition again hit Canadian media headlines, which was surprising given that there was little that was new in the reports. Nevertheless, it does no harm to air again the reasons why experts feel that ISP blocking …

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Malaysian police shutter online gambling operation

3 Apr 2016

Malaysian police in Johor Baru Selatan arrested four individuals in their latest online gambling suppression raid Saturday. District police chief Assistant Commisioner Sulaiman Salleh said that following a tip-off from the public, a police team raided an online gambling den above a restaurant in Jalan Maju around 7pm, arresting four individuals on illegal gambling charges …

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More legal woes for Las Vegas Sands

3 Apr 2016

Sheldon Adelson’s Las Vegas Sands operation in Macau faces more legal problems following a Macau court ruling this week that litigation by a former partner can proceed despite an LVS bid to dismiss the case. Launched by Taiwanese businessman Marshall Hao’s company Asian American, the lawsuit seeks billions of dollars in damages and accuses LVS …

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