Gambling news - page 657

Online bookie boss responds on Cheltenham cheating claims

3 Apr 2016

Garth Kimber, a former head of e-gaming for the Isle of Man and now CEO of online gambling group TGP Holdings, responded Saturday to accusations that his company was confiscating the winnings of punters who successfully bet on Cheltenham races (see previous reports). Kimber was responding to enquiries from the local newspaper Isle of Man …

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Media storm over online bookies refusal to pay punters

2 Apr 2016

Last month’s Cheltenham horse racing festival was bad for bookies, but in some cases their situation is being worsened by wide newspaper and Twitter publicity on their questionable seizure of winnings from online punters. Mainstream newspapers across the British Isles have taken up the story after interviewing a number of angry online gamblers who won …

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Indian testing agency secures UK Gambling Commission approval

1 Apr 2016

The Pune, India and London-based independent testing company SQS has announced its successful approval by the UK Gambling Commission. The approval followed completion of a two-stage process that involved satisfying the Commission’s integrity and independence checks, whilst successfully obtaining ISO 17025 accreditation to cover the scope of the Commission’s technical standards and specifications.

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Mybet sustains full year 2015 losses

1 Apr 2016

Online gambling group Mybet has posted a significant FY-2015 loss, with net profit of Euro 215,000 in 2014 developing into a loss of Euro 8 million this year following an “array of challenges.” Revenue fell across the company’s casino, poker and sports betting businesses, although there was some pick up on horseracing wagers. CEO Zeno …

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Dutch lottery merger completed

1 Apr 2016

Its taken five months since the Dutch Council of Ministers gave its approval (see previous reports), but the merger of Dutch national lottery operators Staatsloterij and De Lotto was completed this week. The two organisations will initially maintain their brand identities on products like Toto, Lucky Day, Krasloten, EuroJackpot and Miljoenenspel, with the combined group …

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Greek gambling group OPAP reports full year growth

1 Apr 2016

The Greek online and land gambling group OPAP has posted its FY-2015 numbers, noting that despite regulatory and tax “restrictions and uncertainties” the company recorded 1.6 percent growth in GGR to Euro 1.4 billion on wagers of Euro 4.3 billion, with the pay-out percentage flat at 67.1 percent. EBITDA rose 8.8 percent year-on-year to Euro …

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Crownbet – Fox Sports sponsorship launches daily fantasy sports site

1 Apr 2016

Australian online gambling group CrownBet in collaboration with Fox Sports has announced the launch of its first daily fantasy sports operation titled Draftstars, celebrating the event as the first business-to-business deal for the Sportech-owned DraftDay platform. A statement from the companies advises: “Fox Sports Australia has teamed with CrownBet to launch Draftstars, offering Australia’s biggest …

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Amaya – Pokerstars transactional waiver renewed in New Jersey

1 Apr 2016

Amaya management must be breathing a sigh of relief following the news today (Friday) that the New Jersey Division for Gaming Enforcement has renewed the transactional waiver that enables it to operate for a further six months whilst its full licence remains under consideration. In a three week period filled with bad news for the …

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Macau gambling revenue tumbles again in March

1 Apr 2016

Official March 2016 figures from Macau’s Gaming Inspection and Coordination Bureau, show continued decline in revenues which were down 16.3 percent at 18 billion patacas ($2.3 billion), marking 22 consecutive months of decreasing revenues. The Reuters news agency reports that visits by big-spending high-rollers became even more infrequent during March, and the adverse conditions generated …

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More details emerge on the Italian online gambling busts

1 Apr 2016

More details – specifically the online gambling websites involved – have become available on the Italian police “Operaton Jamm Jamm” action against alleged organised crime elements in Salerno (see previous report). It appears that the criminal activity in Italy revolved around the use of online gambling sites through internet cafes. Police reports have identified sites …

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Class action filed against Amaya Inc. executives

1 Apr 2016

The already troublesome legal hassles facing Amaya as a result of insider trading charges against its CEO and chairman David Baazov and alleged associates (see previous reports) increased late Thursday as news broke that a class action against Baazov and chief financial officer Daniel Sebag had been filed in the Southern District of New York. …

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Thai police arrest 16 in Bangkok online

1 Apr 2016

The police in Bangkok reported Friday that raids across 18 locations in the city have resulted in the shutdown of online gambling activities, the arrest of 16 people and the confiscation of 50 computers and other evidence. A spokesman said that the illegal gambling ring had generated around Bt 100 million a month, and that …

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Major daily fantasy sports operators suspend U.S. college sport activity

1 Apr 2016

Daily fantasy sports market leaders DraftKings and Fanduel have agreed to suspend all competitions involving National Collegiate Athletic Association events following negotiations with the sports body, according to an ESPN report late Thursday. The business effect is unlikely to be too damaging; ESPN points out that college sports, both football and basketball, represent only 3 …

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Italian federal police in online gambling bust

31 Mar 2016

According to a report from the Italian ANSA news agency, federal police in Salerno, Italy have busted a major criminal organisation which managed illegal online gambling websites. Sources told the agency that eight suspects are currently detained, and a further 10 are under house arrest as part of ‘Operation Jamm Jamm’. The group, based in …

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Big Win at Bodog online casino

31 Mar 2016

The Bodog online casino reports that one of its players, Chas P. has hit a $187,325 jackpot playing the Greedy Goblins progressive slot on his Android mobile device. Unfortunately the operator has not made more details available.

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Tennessee Senate clears the way for legalised daily fantasy sports

31 Mar 2016

State senators in Tennessee have approved the intrastate legalisation of daily fantasy sports by a convincing 29 to 1 vote, progressing the proposed legislation to the state House for consideration, according to local media reports. State Sen. Jack Johnson, chairman of the Senate Commerce Committee, told reporters that he and other proponents of the bill …

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GAN to provide virtual reality remote gaming to U.S. casino operator

31 Mar 2016

GameAccount Network plc (GAN) announced Thursday that it has released a Virtual Reality Simulated Gaming application for New York’s Empire City Casino which is available for download for both home computers and Facebook’s Oculus Rift VR headsets. The software includes selected slot machines and GAN’s Simulated Gaming service, which offers poker, backgammon, gin rummy, poker …

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Ezugi to provide Hungarian casino operator with live dealer facilities

31 Mar 2016

Live dealer technology provider Ezugi has inked a deal to provide Hungary-based casino operator with its product, which will be used in the land operator’s new online enterprise. Since October 2015 Hungarian gambling legislation allows land-based casino licence holders to offer online casino games. A spokesman for Ezugi said Thursday that the agreement with LVC …

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Playtech in Spanish partnership

31 Mar 2016

In a follow-up to a multi-year betting and gaming agreement with Spain’s leading sports media brand Marca, online gambling software provider Playtech has launched a managed online and mobile sportsbook offering for the Spanish company. The MARCAapuestas.es launch follows a long-term agreement signed between MARCA owners Unidad Editorial and Playtech to manage the online and …

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SIS – Core Gaming launch new on-demand virtual racing games

31 Mar 2016

Following a successful virtual games launch in December with Sky Vegas (see previous report), multi-channel supplier SIS in collaboration with Core Gaming has introduced a new generation of on-demand racing games that, for the first time, allow players to view events from a ‘ride on’ camera angle. The new feature is one of a number …

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Attempt to legislate for a Mississippi state lottery

31 Mar 2016

State Representative Tommy Reynolds is currently attempting to introduce a state lottery in Mississippi regulated by the state gaming commission by attaching an amendment to a Senate bill seeking the intrastate regulation of daily fantasy sports. Earlier this week the Sun Herald newspaper reported that the Mississippi House voted 83-37 to include the Reynolds amendment …

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Yggdrasil quick to go live in Britain

31 Mar 2016

Swedish online gambling games provider Yggdrasil Gaming is live in the UK this week after completing a full roll out of its product suite just three months after it was awarded a UK Gambling Commission licence. The licence was awarded in December, but the swift roll out means the provider’s proprietary iSense 2.0 platform and …

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Realistic Games launches new online slot

31 Mar 2016

The UK online slots and table games supplier Realistic Games has released Hot Cross Bunnies Loadsabunny, a sequel to a popular previous 3 reel release titled Hot Cross Bunnies. The new five-reel, 20-line slot is now live on phone, tablet and desktop across a host of operators, including Bet Victor, Ladbrokes, Gala Coral, Stan James, …

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Nevada gambling february numbers up

31 Mar 2016

The Nevada Gaming Control Board reported Wednesday that gambling revenues in the Silver State were up 8.1 percent year-on-year in February, buoyed by strong sports betting on the Superbowl and an extra day due to a leap year. Gambling revenue from football betting was particularly good, rising 10 percent, and positive for operators despite football …

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