Online gambling games provider Habanero has launched its latest new online slot, Fa Cai Shen, to celebrate the Chinese New Year. The 5×3, 28 selectable line game is named after the Chinese God of Fortune, who makes two guaranteed and expanded appearances as a wild during each bonus spin. Fa Cai Shen also gives players …
Billionaire gambling equipment mogul and founder of Ainsworth Game Technology, Len Ainsworth (92) has sold his entire 53 percent stake in the company to Austrian gaming company Novomatic for $473 million. Ainsworth will remain as chairman of the company after selling 172.1 million shares at $2.75 a share. The Ainsworth board said it supports the …
The Board of Directors of Swedish gambling group Betsson AB has appointed Ulrik Bengtsson as new CEO and president of the company effective March 1 2016. Bengtsson has extensive experience of digital consumer services and four years of experience in Internet gaming management through his role as CEO of Betsson Malta. He will replace Pontus …
The impact of the UK’s FOBT and point of consumption online tax on gambling group Ladbrokes was quantified Tuesday in the release of the company’s preliminary results for Q4 and FY 2015, with the company warning that it faces around GBP 50 million of increased taxation. Key numbers listed in the report include: * Group …
Online gambling group Amaya Inc. has issued an update on its legal struggle with the Commonwealth of Kentucky, reporting that it has filed a notice of appeal against the previously announced December 23, 2015 Kentucky trial court order for damages against its subsidiaries (see previous reports) and has posted a US$100 million supersedeas bond to …
https://www.youtube.com/watch?v=apXPTy2zYY8&feature=youtu.be One of the highlights of the 2016 ICE show earlier this (February) month was Microgaming’s very professional Cryolab display, which showcased the company’s extensive R&D push preparing for Virtual Reality technology in the industry. The hi-tech 3D exhibit was housed in an ultra-futuristic, CRYO lab, constructed specially for the event, and included a literally …
The conclusions reached by last year’s mid-December Intertain review of allegations of company mismanagement by short seller Spruce Point Capital Management (see previous report) have been followed by some interesting changes, announced this week. These involve CEO John Kennedy Fitzgerald stepping down, and chief financial officer Keith Laslop relocating to a new senior management position …
Sportech PLC’s former chief operating officer Ian Hogg has been named as one of several suitors angling for ownership of Sportech’s Football Pools business (see previous reports). A Sunday Times report indicated Hogg intends raising around GBP 100 million through a stock market flotation of the Football Pools business to fund the acquisition should his …
International financial services group Western Union has released an SEC statement informing interested parties that it is currently the subject of an apparently wide-ranging US federal investigation into its activities, particularly regarding transactions with Costa Rica, Nicaragua, Panama, Haiti, Philippines, Vietnam, the Dominican Republic, Peru and the Bahamas. The investigation is under the authority of …
Spain-based gaming supplier R. Franco Group has acquired a controlling stake in platform provider Mediatech Solutions for an undisclosed consideration. Mediatech said the substantial investment will create a potent, new omni-channel giant with R Franco integrating Mediatech’s IRIS platform along with a portfolio of 1,500 games. “This new joint team has already displayed its ability …
Irish-based, US-listed online gaming operator SeanieMac International Ltd has entered into a material definitive agreement for the acquisition of Apollo Betting and Gaming Ltd’s UK online gambling and betting business for a total consideration of $2,000,000. SeanieMac will reportedly migrate the acquired business onto a new operating platform.
William Hill has expanded its sponsorship portfolio with that of the IBF World Heavyweight showdown between Charles ‘Prince’ Martin and Anthony Joshua MBE in collaboration with Matchroom Sport. The bout between the two unbeaten fighters will take place on the April 9 at The O2 in London and is expected to be one of the …
White label provider Aspire Global (ASG) has launched Jackie Jackpot Casino into the Danish online market in partnership with Vita Media Lab. The new casino offer, listed as owned by J. Meilstrup Invest ApS, offers a broad range of slots and casinos games along with full payment and player services. “I am sure that Jackiejackpot …
Independent social responsibility watchdog Senet Group has welcomed its first online-only gambling member, Sky Betting & Gaming. “The gambling industry has definitely upped its game on social responsibility issues over the last 12 months and the Senet Group has been a key part of those efforts,” Richard Flint, chief executive of Sky Betting & Gaming, …
English football league club Cardiff City FC will offer a tailor-made, mobile responsive match-day fantasy gaming app developed by Sportego. Sportego, through its FanFeud.co.uk product, offers cash-based fantasy football action on individual Premier League games available on iPhone and Android devices. “We are delighted to be partnering with them [Cardiff City FC] to help enhance …
Danish developer Magnet Gaming has begun the roll-out of a new HTML5-built, five reel game titled Candy Kingdom. Candy Kingdom offers two progressive jackpots and four bonus games Pattern Matcher, Candy Mix, Cake Spinner, and Waffle Hill. Landing three or more of the same symbols will trigger the award of a basic prize followed by …
UK bookmaker Ladbrokes has been named title sponsor of the World Snooker Grand Prix and Players Championships. Both are important events on the World Snooker calendar and will be broadcast live on UK TV channel ITV4. “”We are building our brand in a sport which has proven in-play betting appeal, Kristof Fahy, chief marketing officer …
Malta-headquartered software developer Yggdrasil Gaming delivered a robust Q4 2015 and Full Year Update, saying the company is exceeding its internal growth forecasts. Quarter 4 highlights for the period ending December 31, 2015 include: – A 696 percent revenue increase year-on-year to SEK 10.4 million – EBITDA amounting to SEK 4.9 million (Q4/2014: SEK -1.4 …
Whilst it may be All Fool’s Day for some, April 1st this year will start on a very serious note as a revamped gambling regulatory regime in Botswana kicks in. New regulations approved in terms of the Gambling Act 2012 signed off by the Minister of Trade and Industry in January will be implemented at …
Multi billionaire land casino mogul Sheldon Adelson’s pocket took a hit last year when his Macau casino interests in the Sands China group posted a 43 percent fall in net profit for the year ended Dec. 31, 2015, according to a preliminary announcement. The operator reported that profit for the year fell to US$1.46 billion …
Local police and Malaysia’s Special Task Force for Anti-Vice, Gaming and Gangsterism were busy over the weekend, shutting down illegal online gambling operations in Kuching and Kuala Lumpur and reporting a significant number of arrests and equipment confiscations. Nine online gambling venues in Kuala Lumpur were shuttered by police raiding parties on Sunday as part …
Swedish online gambling software and games provider NetEnt is set to release two new online slots this week, titled Drive: Multiplier Mayhem and Fantasini: Master of Mystery. The theme for Drive: Multiplier Mayhem is a futuristic street car race with interactive involvement of the player. The slot is a 5-reel, 3 bet line with Multiplier …
Corporate reportage from major UK bookmaking firms Ladbrokes and William Hill this week will illustrate the impact of government moves on fixed odds betting terminals and the ‘place of consumption’ online gambling tax, the Sunday Times noted over the weekend. The expectation is that profits will be badly impacted by government moves to limit the …
Hard on the heels of news that DFS legalisation is gaining traction in the California Legislature, and Friday’s launch of Assemblyman Adam Gray’s new bill seeking the legalisation of online poker (see previous reports), the mass-circulation newspaper Los Angeles Times published a long article on problem gambling Saturday, claiming that “up to 1 million Californians …