The Australian Association of National Advertisers (AANA) is launching a public discussion paper addressing concerns around the gambling industry, but says it is not a reaction to the news that the New South Wales government is considering a ban on the advertising of live betting odds. The consultation opened Monday and will close on December …
Nick Chan, who recently vacated the Australian media group Seven West Media chief operating officer post with a pay-out of over a million Aussie dollars, has been appointed chairman of TopBetta, a fantasy football tournament company with public listing ambitions. TopBetta, which is targeting an Australian Securities Exchange listing before year’s end, was founded by …
The chairman of the Pennsylvania House Gaming Oversight Committee, Representative John Payne has reiterated that despite the cancellation of hearings on online and other gambling issues in October (see previous reports) the issue remains live and will receive the attention of the committee. Observers now report that the online gambling and other related proposals such …
For the third consecutive week business at major daily fantasy sports sites has slowed as the US debate on regulating the vertical continues. FanDuel, whose CEO Nigel Eccles claims the slowdown is simply a seasonal blip, reported that his business has declined by 13 percent since the DFS scandal erupted on October 11 . The …
Michael Epps, a ten-year former member of the New Jersey Casino Control Commission, entered the daily fantasy sports regulatory debate over the weekend with an op-ed in the publication NJ.com, warning against the application of casino-style regulations to DFS, and asserting that the vertical is “simply not the same beast”. Epps, who is upfront with …
With a growing number of game providers launching their products simultaneously on land, mobile and internet channels, social gaming is developing into an increasingly interesting vertical offering the latest games…the launch of the “Orange is the New Black” slot through both land and the DoubleDown social casino is the most recent example. Industry analyst Chris …
Cambodian land casino operators are increasingly going online with live-streamed gambling, the Phnom Penh Post reported Saturday, noting that lax regulation and limited supervision has created an environment conducive to such a development. The newspaper claims that Chinese investors are playing a prominent role in the Cambodian push into webcam-based live dealer gambling, especially in …
The regulation of daily fantasy sports is a hot topic in Massachusetts and Illinois, according to reports over the weekend in the Boston Herald and the Daily Herald in Illinois. The Boston newspaper reports that the Massachusetts State Lottery is considering the development of a daily fantasy sports game, with lottery director Michael Sweeney exploring …
After months of negotiating that has necessitated two stock exchange extensions to the mandatory bargaining timeframe (see previous reports) UK-based Sportech plc and Canada’s Contagious Gaming have abandoned acquisition talks. Announcing the failure to reach agreement despite negotiating since August this year, Contagious said that it had not proved possible to secure mutually acceptable terms, …
In an interview with Bloomberg business news this week, Nigel Eccles -the CEO of US daily fantasy sport market leader FanDuel – revealed that he plans a sortie into the British market next year. However, some elements of the expansion will be an experiment, Eccles said, explaining that there was a need to prove that …
Claiming exclusive knowledge, the publication Gambling Invest has revealed that Amaya subsidiary The Rational Group, parent of Full Tilt and Pokerstars, has secured .com and other domains featuring the BetStars brand as it moves toward a new branded and dedicated identity in the online sportsbetting market. The publication reports that the domain BetStars.com previously hosted …
The Canadian online gambling industry could soon involve another major First Nation licensing group following a decision by the File Hills Qu’Appelle Tribal Council to permit its KPK Commission to extend its licensing offer beyond land-based gambling and e-commerce to online gambling operators. The Council represents 11 First Nation tribes in the southern part of …
Paddy Power’s Australian subsidiary, Sportsbet, is facing litigation following the filing of a Supreme Court case against it by the Adelaide-based Punt Club, which makes the startling claim that virtually the entire Sportsbet management team joined its social player pooling site in order to study the business model. Sportsbet subsequently launched a test version of …
UK gaming operator Editec has invested a seven-figure sum in sports digital content company Chroma Sports, engaging the company to develop sports digital and fantasy games products to ensure that Editec stays out in front in the international market. Chroma CEO Paddy O’Clery said that the agreement will allow his company, which includes Sky Sports, …
The latest Bitcoin-denominated online casino to soft-launch, Oshi, has a steam punk theme and was founded by 90Digital originator Nick Garner. Licensed in Curacao, the enterprise is powered by SoftSwiss. CTO Tom Finlayson says the company has an ambitious development schedule that targets both recreational and serious members of the gambling community. “It’s a virtual …
Online casino operator Mr Green posted weaker third quarter results for the period to end September 2015 this week, reporting a loss of SEK 75.95 million (approx. GBP 5.8 million), a decline when compared with the same period in 2014, when the company achieved a profit of SEK 27.4 million in the corresponding period last …
Daily fantasy sports football fans on the DraftKings site will soon have access to a greater volume of relevant information to assist in their selections following a deal with data provider Opta. The data provider will deliver live football performance statistics for the English Premier League, North America’s Major League Soccer and the Uefa Champions …
FEAST AHEAD FOR ONLINE SLOT PLAYERS New games from Microgaming, Lightning Box, Playtech and Yggdrasil previewed. Online slot fans will have plenty to keep them entertained in the coming weeks, judging by new games previewed Friday by software providers Microgaming, Lightning Box, Playtech and Yggdrasil. Two games – Serenity and Happy Holidays – are set …
The US Attorney’s Office has issued a press release advising that on Thursday a federal jury in Oklahoma City convicted two individuals for their participation in a scheme involving illegal gambling. Kelly Dorn (53) of Oklahoma City, and Kory Koralewski (45) of Parker, Colorado, were found guilty of racketeering conspiracy. Dorn was additionally convicted of …
Loto-Quebec’s fiscal half-year results are in, and its Espacejeux online gambling division is once again the star of the show, reporting year-on-year revenues up 28.2 percent to Cdn$28.3 million. The division’s online casino posted revenue up 20.2 percent year-on-year to Cdn$16.3 million, and launched its first mobile platform in September 2015. The company’s online player …
In a long investigative article this week Forbes examines the 2009 and 2010 hacks of online gambling payments processors Moneybookers and Neteller, revealing that although these initially appeared innocuous, it has since transpired that millions of users’ private data – addresses, emails, telephone numbers, birth dates and, in the case of Neteller, answers to password …
It appears that Utah Representative Jason Chaffetz is contemplating a last hurrah (at least for this year) on his Sheldon Adelson-inspired Restoration of America’s Wire Act, an attempt to federally ban online gambling that has been languishing in committee stage for the last few months. John Pappas, executive director of the Poker Players Alliance, tweeted …
In Sikkim, India the All Kerala Online Lottery Dealers Association lost its attempt to fight a ban on internet lottery activity imposed by the state government of Kerala when the Supreme Court rejected its appeal this week. “If online or internet lottery is to be prohibited by a State then that online lottery or internet …
The already ubiquitous presence of daily fantasy sports operator DraftKings at US stadiums is likely to be boosted even further following an agreement with mobile wifi company SignalShare. The deal gives the DFS provider access to SignalShare’s “consumer engagement platform”, which uses wireless networks installed at sports stadiums to help advertisers exploit the opportunity to …