Gambling news - page 686

Massachusetts AG DFS hearing results

13 Jan 2016

Massachusetts Attorney General Maura Healey listened to different opinions on the regulation of daily fantasy sports in a public consultative hearing Tuesday. Anti-gambling campaigner Les Bernal of the Stop Predatory Gambling action group was predictably on hand to protest at what his organisation perceives to be an expansion of gambling, whilst lawyers from DraftKings and …

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Title change at respected online gambling research company

13 Jan 2016

The respected US gambling research firm Eilers Research has announced that it will be changing its name effective immediately to Eilers & Krejcik Gaming, LLC. This name change reflects the surnames of the company’s two principals, Todd Eilers and Adam Krejcik, as well as highlighting the firm’s strategic shift to focus on services beyond traditional …

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New U.S. daily fantasy sports operator boasts a different format

13 Jan 2016

A new Stanford daily fantasy sports start-up boasts that it is positively changing the fantasy sports player’s experience by offering a different real-money format that allows players to compete in 10-minute fantasy sports leagues that are centered around live events fans can watch on TV, instead of drafting a line-up and then waiting a day …

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Florida daily fantasy sports bill makes progress

13 Jan 2016

Florida state Representative Matt Gaetz’s daily fantasy sports regulation bill, HB707, made it through the state House Business and Professions Subcommittee Tuesday on a 10 vs. 3 vote and has been forwarded for further discussion to the House Regulatory Affairs Committee. Whilst not unanimous – there remain some areas where amendments will be inserted – …

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Does congressional research paper herald a DFS hearing this year?

12 Jan 2016

An ESPN report speculates this week on whether a Congressional Research Service (CRS) report on daily fantasy sports completed late in December may herald Congressional hearings on the controversial gambling genre this year, The ESPN report is based on a Chalk story that it has seen a copy of the report titled “You Win Some, …

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Nektan CEO resigns unexpectedly

12 Jan 2016

Gibraltar-based mobile gaming provider Nektan has announced that its chief executive officer, David Gosen, has resigned “to explore other business opportunities” and will leave the company at the end of January after a year at the helm. Executive chairman Gary Shaw will take over as interim CEO until a replacement can be found, the company …

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Cineplex and Sony building an eSports business together

12 Jan 2016

Cineplex is wasting no time in exploiting its $10 million acquisition of the World Gaming eSports platform last September, starting the new year by partnering up with Sony Computer Entertainment to present eSports tournaments. Sony will provide the sponsorship and the right to select other title sponsors and Cineplex the venues, with qualifying rounds online …

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UK Gambling Commission licence for DFS contest organiser

12 Jan 2016

The Icelandic eSports fantasy competition organiser Fanaments has boosted its Malta gambling licence with one from the UK Gambling Commission, clearing the way for it to arrange football, basketball, golf and mixed martial arts-based online contests for UK fantasy fans. Fanaments is a relatively new operator and offers gamers an array of fantasy-based sports to …

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Drastic staff lay-offs at daily fantasy sports firm

12 Jan 2016

The e-gaming publication Gamasutra reports this week that daily fantasy eSports provider Vulcun may be considering a move away from the real-money sector, and has laid-off 14 people – a quarter of its staff. Our readers may recall that Vulcun voluntarily exited the Nevada market late last year when the state regulator opined that daily …

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Live Texas Hold’em deal signed by Evolution Gaming

12 Jan 2016

Live dealer gambling specialists Evolution Gaming has inked a three-and-a-half year exclusive deal with Scientific Games that will see it offering a live casino version of SG’s Ultimate Texas Hold’em poker. The agreement means that Evolution has secured exclusive rights to provide Ultimate Texas Hold’em as part of its product range, and additionally has the …

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Greek regulator struggles to monitor online gambling activity

12 Jan 2016

With the Greek government champing at the bit to introduce a new online regulatory and licensing regime (see previous reports) the Hellenic Gaming Commission this week made the surprising admission to Parliament that it is unable to perform the necessary monitoring of temporarily licensed Internet gaming companies in Greece. The newspaper Ekathimerini reports that the …

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The Americans are coming!

12 Jan 2016

Influential US tribal gambling groups have announced that they will have a strong presence at the International Casino Expo in London at the beginning of February as they seek new business opportunities in Europe. The National Indian Gaming Association (NIGA) and Victor Rocha, editor of Pechanga.net, in collaboration with the Arizona Indian Gaming Association (AIGA), …

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International police bus DDoS group

12 Jan 2016

Distributed Denial of Service attacks – the tactic used by criminal groups to cripple websites and then demand ransoms – are the bane of most industries, and a recent police victory in the fight against this threat to business will be widely welcomed. The security publication CSO Online reports that enforcement agency EuroPol has just …

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Virtual reality could enhance eSports events

12 Jan 2016

Virtual reality technology developer Virtuix claims it has become the first company to host a virtual reality eSports tournament, putting on a show at the recent Consumer Electronics Show in Las Vegas. By eSports standards the event was a miniscule affair, involving just a few players suitably fitted with VR gear and turned loose in …

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Round one to daily fantasy sports firm in New York dispute

12 Jan 2016

There was good news for daily fantasy sports companies FanDuel and DraftKings Monday, when a panel of the New York Appellate Court set aside a temporary injunction against them imposed by a lower court , allowing them to continue operating until the issue is finally decided in court. Our readers will recall that the DFS …

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Online lottery gets Northern Territory nod

12 Jan 2016

Online lottery operator Lottoland has expanded its reach following the award of a five-year licence by Australia’s Northern Territory Racing Commission, permitting it to offer wagering on the outcomes of state and international lotteries across Australia. The lottery company already holds online gambling licences from the Government of Gibraltar, and the UK Gambling Commission. CEO …

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Intertain ups 2015 full year guidance

12 Jan 2016

The Canadian online gambling company Intertain Group Limited has issued a FY 2015 guidance indicating that it expects to exceed previously reported guidance. Intertain’s updated guidance is as follows: * Total revenue of $365 million to $375 million as compared to the previously reported guidance of $325 million to $355 million; * Total Adjusted Net …

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Habanero to supply online games to MediaTech

11 Jan 2016

Online gambling games developer Habanero has announced another partnership deal, this one with Mediatech, which will see the former’s portfolio of over 50 slots, six table games and 10 video poker games added Mediatech’s IRIS platform. Daniel Long, head of sales at Habanero, said the partnership was strategically important to the company and would provide …

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Is streaming the future for eSports?

11 Jan 2016

Giant stadia filled with thousands of eager fans watching (and betting) on teams of gamers competing against one another in blockbuster video games…that’s the vision that many have of the booming eSports vertical, but there’s another aspect of this genre that is gaining momentum, reports the respected publication TechCrunch this week. But, as the well-written …

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NetplayTV walks away from The Football Pools deal

11 Jan 2016

The much-discussed negotiation by UK interactive gambling group NetPlayTV for the GBP 100 million acquisition of Sportech subsidiary The Football Pools has been terminated, according to a company statement Monday. In a brief corporate update, NetPlay TV noted: “After careful consideration the company has decided not to enter into this process and has therefore terminated …

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GVC posts trading update

11 Jan 2016

Online gambling group GVC Holdings plc has issued probably its last quarterly update and trading position prior to its takeover of Bwin.Party Digital Entertainment (see previous reports), reporting numbers for the 12 months to 31 December 2015. Highlights from the update include: * Net Gaming Revenue for the year of Euro 247.7 million – up …

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Match-fixing allegations mars team deal for eSports start-up

11 Jan 2016

Match-fixing raised its ugly head in the eSports sector this week when Australian start-up 24/7 eSports let go a newly appointed team formerly known as Skyred and comprising five Vietnamese Counter-Strike:Global Offensive gamers. It has to be said that the action was prompted by caution rather than firm evidence after rumours of match fixing associated …

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Lottery madness in the UK and USA

10 Jan 2016

With jackpots at GBP 66 million in the UK National Lottery and $949.8 million in the US Powerball – both drawn Saturday – it was no wonder that the punters turned out in their millions to buy lottery tickets in the days running up to the big draws. In the UK that led to the …

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Irish road worker wins GBP 4 million on a scratch card

9 Jan 2016

Ross Hearst, a 35-year-old Northern Ireland road worker, turned a GBP 10 scratch card win into a GBP 4 million fortune this week when instead of spending the cash from the original win he used it to buy the sole remaining National Lottery Blue scratch card in the convenience store. It turned out to be …

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