Australian land and online gambling giant Tatts Group has reported on its fiscal second quarter results, posting a 6.2 percent rise in NPAT (net profit after tax) to AU$147.9 million, thanks mainly to good results from its online wagering and lottery units. Highlights reported by the group included: * Revenue up 6.5 percent to A$1.6 …
Early opinions, comments and media reports from Philadelphia struck a generally pessimistic note Wednesday at the conclusion of New Jersey’s latest judicial appeal on legalised sports betting before the Third Court of Appeals in the US city. A full 12-judge panel officiated at the 90 minute hearing and considered oral arguments from two former U.S. …
A bill clarifying the legal status of daily fantasy sports with the addition of consumer protection regulations was passed by the Virginia General Assembly 79-19 earlier this week. The bill has moved quickly through five Virginia legislative bodies in the last month passing through the Virginia State Senate on a vote in favour of 28-10 …
Betfred head of digital marketing James Shaw has left the company to take up the position of chief marketing officer for UK holiday cottage brand Sykes Cottages. Previous to his most recent position at Betfred, Shaw also served as head of retention for the UK bookmaker.
Australian football league club Richmond FC is the latest to adopt a responsible gambling charter that rebuffs commercial sports betting partnerships. Richmond FC becomes the seventh AFL Victoria football club to opt-in to the charter despite having enjoyed sponsorships with Luxbet and Sportsbetin the past, just three clubs in Victoria currently remain open to commercial …
Mobile real-money and social games provider Gaming Realms has conditionally sold-off its third party driven platform website properties, for a total consideration of GBP 2.9 million allowing it to focus on its proprietary Grizzly-driven platform. The agreements detail the sale of the Iceland Bingo IP to Black Spark and the disposal of white label assets …
Omni-channel specialist retailer of video games, GAME Digital PLC has acquired eSports online platform SocialNAT from Social Electronica Sports Company S.L. (SESC) for an undisclosed consideration. The Spain-based eSports platform company, who boasts over 150,000 registered users, will support GAME’s growth in the eSports sector by providing both the platform and an established audience. The …
Sam Foulkes is currently on gardening leave following his departure from Coral as Head of Trading after serving just five months in the role after the business was restructured. Prior to the past 4 years at Coral, Foulkes held numerous roles at William Hill over an eight year period.
The Quebec publication Silver Times reports that proposed moves by the Quebec provincial government in Canada to force Internet Service Providers to block online gambling sites (see previous reports) have come under fire from the Consumers Union, far from being a natural ally of virtual casinos. The Union has penned a letter to government denouncing …
The Australian Football League (AFL) has again tightened integrity and anti-corruption policies by implementing restrictions on its 2,000-odd accredited journalists and broadcasters in terms of betting on the games they attend. The AFL said media personnel were often privy to “sensitive team information” up to 90-minutes prior to the game, up until final team sheets …
The last quarter of 2015 put the final polish on an already glittering full year 2015 for live dealer provider Evolution Gaming, which announced this week that Q4-2015 revenue rose 62 percent year-on-year to Euro 22.4 million, generating profit up a remarkable 81 percent at Euro 7.5 million. In a successful year where the company …
This week has seen 2015 numbers released by the Spanish and Swedish regulators, with both markets still showing growth. In Spain, the Dirección General de Ordenación del Juego (DGOJ) reported that overall GGR (gross gaming revenue) was up an impressive 28 percent to Euro 319.6 million on wagers totalling over Euro 8 billion, with sports …
The Australian Football League (AFL) has again tightened integrity and anti-corruption policies by implementing restrictions on its 2000-odd accredited journalists and broadcasters in terms of betting on the games they attend. The AFL said media personnel were often privy to “sensitive team information” up to 90-minutes prior to the game, up until final team sheets …
Live dealer gaming provider Evolution Gaming has posted record full year 2015 results for the period ending December 31, 2015 and confirmed its intention to apply for a listing on the Nasdaq Stockholm Main list. Key performance indicators for the fourth quarter included an increase in revenue of 62 percent to Euro 22.4 million (Q4/2014: …
Stockholm-based development studio, QuickSpin, has launch its first game of 2016, a ten-line slot titled “Genie’s Touch”. The title made its much-anticipated debut at ICE earlier this month showcasing the title character using her powers to change symbols on the reels during the Genie’s Touch feature which is triggered by landing three or more magic …
Online bingo directory Which Bingo has published an interesting survey carried out among an unknown sample size of its players, reporting: * Around GBP 56 million was spent on i-gaming advertising in 2015; * Tombola was the biggest single bingo brand advertising on TV, accounting for 20 percent of the total media spend; * The …
Sweden’s partly state-owned gambling semi-monopoly Svenska Spel has enjoyed a positive final quarter to its year, enabling a limited return to growth. The quarter delivered revenue up 1.6 percent to SEK 2.43 billion, although substantial development expenses reduced the margin to 21.3 percent – down a percentage point. Over the full year NGR (net gaming …
The Australian newspaper reports that among the submissions made to the Australian federal government’s O’Farrell committee reviewing the Interactive Gaming Act is an international and supposedly confidential claim from the Philippines-registered Hong Kong Jockey Club that Asian-based online bookmakers have ties to organised crime and constitute a threat to Australia’s racing and sports activities. The …
Inspired Gaming’s virtual sports product has found favour with another client, this time Colombian lottery provider Corredor Empresarial S.A., which is to present the offering through 50,000 terminals in 5,000 retail wagering venues. Among the Inspired products supplied will be Rush Football 2, Rush Horses, Rush Motor Racing, Rush Greyhounds, Rush Motor Racing and the …
An unidentified Scotswoman and William Hill Online customer became a millionaire on Valentines Day when she won an accumulated jackpot while playing on the Festival of Lights slot. The jackpot, which was 18 months in the making, reportedly awarded the school employee GBP 2.5 million. “I was washing the dishes this morning and thought to …
Dutch gambling authority Kansspelautoriteit has opened a public consultation on a proposed addiction strategy in anticipation of the implementation of remote gambling. The existing addiction prevention policy was developed with the terrestrial sector in mind, the authority said, but after reconsidering objectives and priorities in its approach to remote gambling an expansion on the policy …
Social casino studio Plumbee has been bought by GSN Games for an undisclosed consideration. The acquisition will see Plumbee, which was previously backed by Endemol and Idinvest Partners, become GSN Games’ London studio. “This important acquisition will immediately bolster GSN Games’ ambitious growth plans by leveraging the top talent and social casino expertise of Plumbee …
International Game Technology, through its IGT Global Solutions Corporation subsidiary, has clinched a multi-year licensing agreement with theLife is Good brand. Under the terms of the deal, IGT has gained the rights to develop and distribute Life is Good lottery products throughout North America, including instant scratch games, interactive online e-instant games, and draw-based games. …
Daily fantasy sports giant DraftKings has acquired Kountermove, a provider of combat daily fantasy sports that include MMA, boxing, kickboxing and pro jiu jitsu competitions, for an undisclosed consideration. The deal significantly expands DraftKings current combat sports offer further advancing its leadership position in the sport, a company statement said. “The Kountermove team has built …