Gambling news - page 661

Eurobet live with Play’n Go content

22 Mar 2016

Italian operator Eurobet has rolled out a full suite of mobile and desktop content from Play’n GO. The content integration gives Eurobet customers access to popular Play’n GO titles including Gemix, Jewel Box, Lady of Fortune and Energoonz. “Italy is a tremendously important market for us, and we’ve laboured hard and long over a period …

Read now

Former Playtech exec joins GVC Holdings

22 Mar 2016

Online gambling group GVC Holdings plc has announced the appointment of Liron Snir to the newly created role of Chief Product Officer of the merged GVC-Bwin group. Snir was formerly vice president of product and strategy at Playtech plc and is respected as a product and technology expert in the online gaming industry, where he …

Read now

Korean police in major online gambling bust

22 Mar 2016

The South Korean National Police Agency revealed in a press statement Monday that two men alleged to be the operators of an illegal and as yet unnamed online gambling website have been arrested and the business shut down. Police spokesmen claimed that over the eighteen months the financial betting site had been in operation it …

Read now

Tribes important to future of regulated daily fantasy sports

22 Mar 2016

In the drive to legislate for or against daily fantasy sports across over 30 US states, the influence of tribal gambling interests is rapidly becoming a key element, and has resulted in pauses in at least two states. The reason lies in the gaming compacts which many state governments have agreed with tribal gambling interests …

Read now

Investment fund claims 5.15 percent stake in Rank Group

22 Mar 2016

A mandatory stock exchange declaration Monday revealed that Artemis Investment Management LLP , acting on behalf of discretionary funds under management, has accumulated 20,127,909 Ordinary 138/9p shares, representing 5.15 percent of the total voting rights in the UK online and land gambling group Rank plc.

Read now

Motorhead to complete NetEnt’s Rock Trilogy

21 Mar 2016

NetEnt has struck a deal with Global Merchandising Services for the third licensed rock band to complete its Rock Trilogy of slot games. Iconic band Motörhead and its renowned “Ace of Spades” track will theme the third release in the series that currently comprises Guns n Roses and Jimmy Hendrix. The new slot title “Motörhead: …

Read now

FanDuel and DraftKings exit New York

21 Mar 2016

Daily fantasy sports companies DraftKings and FanDuel will cease real-money fantasy sports offers to residents within New York State after reaching an agreement with New York State Attorney General Eric T. Schneiderman that will see a halt in operations in return for an expedited path to resolve pending litigation. “As I’ve said from the start, …

Read now

Cherry strengthens group management

21 Mar 2016

Cherry AB has named Gunnar Modalen as Head of Investor Relations & Communications and a member of the group management team in preparation of its upcoming listing on Nasdaq Stockholm later this year.

Read now

LeoVegas begins trading on Nasdaq

21 Mar 2016

Mobile gaming operator LeoVegas has commenced trading on the Nasdaq First North Premier in Stockholm (see previous reports). “The market for mobile gaming entertainment is still in its infancy,” Gustaf Hagman and Robin Ramm-Ericson, founders of LeoVegas said. “We want LeoVegas to lead the way in into the mobile future. We strive to spearhead technology …

Read now

Betconstruct clinch deals with Pariplay and Evolution Gaming

21 Mar 2016

Betconstruct entered into content supply deals with Pariplay Ltd. and Evolution Gaming this past week. In the first, PariPlay will integrate its complete portfolio of online slots, instant win, scratch cards and bingo games with BetConstruct’s Casino Suite Software solution providing online casino operators with around 2,000 different casino games that include content from top …

Read now

Sweet and sour in Netplay TV trading update

21 Mar 2016

Interactive gaming firm NetPlay TV plc has posted full year 2015 results for the year ended December 31, 2015 reporting a decrease in net revenue despite a 14 percent increase in active depositing players. Key performance indicators for period include: – Net revenue of GBP 26.3 million (2014: GBP 27.4 million) – Adjusted EBITDA of …

Read now

Habanero signs Softec digital deal

21 Mar 2016

Online slots and table games provider Habanero has signed an agreement to distribute its products through Philippines-based Softec Digital. The company’s 50 or more slots, six table games, and 10 video poker titles will now be available via desktop and mobile to Softec customers. Nic Ioannoy, CEO of Habanero, said he was delighted to have …

Read now

Malaysian political caucus to address illegal online gambling

21 Mar 2016

Malaysia’s deputy prime minister and federal Home Minister Datuk Seri Ahmad Zahid Hamidi told reporters Monday that a parliamentary caucus to address illegal gambling will be established soon. Hamidi said he would table a proposal to set up a parliamentary caucus to deal with illegal gambling during the next cabinet meeting on Friday, and hinted …

Read now

Inspired hires two new top managers

21 Mar 2016

The UK virtual sports, mobile games and video lottery provider, Inspired, has announced the recruitment of two widely respected new senior staff members to its Virtuals team. Kris Ellis joins Inspired as account director, Virtuals, bringing a wealth of gaming experience, most recently from Scientific Games, and previously from his 22 years working for William …

Read now

Former Tabcorp boss resigns to fight Cambodian online corruption allegations

21 Mar 2016

The announcement last week that Australian federal police are investigating allegations of a Tabcorp bribery attempt to secure Cambodian online gambling approval (see previous report) has been followed by the news that former Tabcorp chief executive and current m.d. of the Australian Securities Exchange, Elmer Funke Kupper, has resigned. Funke Kupper wanted to “direct his …

Read now

Golden Race previews new virtual MMA game

21 Mar 2016

https://www.youtube.com/watch?v=FVdTf_dtcUs Virtual games developer Golden Race is previewing its new real-money Real Fighting game at the iGaming Asia conference and expo currently running in Macau…and as the title suggests, the interactive product presents a MMA (martial arts) theme featuring 16 professional fighters in intense 5 round combats across 3 fantasy themed fighting stages. The company …

Read now

Swiss land casino owners blame online gambling for poor performance

21 Mar 2016

Swiss land casino operators claimed this week that 2015 revenues were down 4 percent at Swiss francs 681 million – the eighth year in a row that performance has slipped. According to local media reports the negative trend has persisted since 2007, with operators blaming the availability of online gambling, illegal gambling clubs and new …

Read now

Member of MIT blackjack team says activity prepared him for a career in business

21 Mar 2016

In an interesting interview with Business Insider this week an erstwhile member of the famous MIT blackjack team that won millions off Las Vegas casino operators at the turn of the century said that the experience and discipline necessary had prepared him for a successful business career. Blackjack prodigy Yuchun Lee joined the team after …

Read now

DFS market leaders unhappy with New Jersey bills

21 Mar 2016

In New Jersey, two DFS regulatory bills currently at committee stage in the state legislature – S1927 and A4805 – have been criticised by daily fantasy sports market leaders FanDuel and DraftKings because they do not explicitly categorise DFS as a game predominantly of skill (and by implication therefore outside the legal definition of gambling …

Read now

Pennsylvania State senator starts DFS regulatory process

21 Mar 2016

If Philadelphia state senator Anthony Williams has his way Pennsylvania could be joining the more than two dozen states currently mulling regulatory legislation on daily fantasy sports. Local media reports over the weekend are that the senator has been circulating a memo among fellow lawmakers asking for their support for a measure that will classify …

Read now

Malta sports betting operator launches online casino action

19 Mar 2016

Malta-headquartered and licensed online sports betting operator TipBet has expanded its offering with the launch this week of an online casino powered by Microgaming and NextGen. Whilst the operator remains focused mainly on sports and live betting through both desktop and mobile channels, it will also offer full player services for casino punters and a …

Read now

Aussie gambling groups react to in-play moratorium

19 Mar 2016

The Australian government’s reported decision to suspend all in-play betting until after the general election (see previous reports) has evoked very different reactions from traditional Aussie gambling groups like Tatts and Tabcorp, and the more aggressive foreign owned sports betting sites of companies like William Hill, Sportsbet and Bet365. The Australian federal government is expected …

Read now

German Länder seek ways around online gambling impasse

19 Mar 2016

The confused mess that is German online gambling legislation, criticised by the European Commission and threatened with legal action from frustrated operators (see previous reports) appeared to be moving into a new “quick-fix” phase Friday, although there remains little hope for anything beyond expanded online sports betting (i.e. no casino or poker activity will be …

Read now

Another Indian province flirts with online gambling

19 Mar 2016

Nagaland, a small province in India, has joined fellow province Sikkim in what is at present a low level legislative flirtation with online gambling at provincial level. Our readers will recall that for several years Sikkim has permitted intrastate internet gambling, albeit only via digital terminals in retail betting shops. Nagaland’s rather more direct move …

Read now