Gambling news - page 730

New appointments to Ladbrokes board committees

28 Sep 2015

UK bookmaker Ladbrokes has appointed David Martin and Sly Bailey as members to its Board Committees effective September 25, 2015. Martin, a non-executive director since 2013, will serve as advisor to the company’s audit committee and Bailey to the Ladbrokes social responsibility committee dealing with corporate reputation, public issues and media relations. Bailey, who has …

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GameAccount Network on Simulated Gaming

28 Sep 2015

With the lack of progress in the internet gaming market in the U.S., GameAccount Network (GAN) has refocused its efforts on its Simulated Gaming Product following a disappointing first half 2015 progress report. Key performance highlights for HY1/2015 included: –    Gross Income increased to GBP 13.4 million (HY1/2014: GBP 13.2 million) –    Net Revenue of …

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Arkansas businessman pleads guilty to online sports betting charge

28 Sep 2015

Timothy Clower Bryant (36) of Fayetteville, Arkansas pleaded guilty this week in a US District Court to one count of operating an illegal gambling business which used a number of unidentified websites on the Internet. The publication Arkansas Business reports that Bryant operated the illegal enterprise between January 2010 and December 2011, taking an estimated …

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Beware RAWA lite!

28 Sep 2015

Online gambling observers closely monitoring the progress of Sheldon Adelson’s Restoration of America’s Wire Act in Congress have warned that an inability to gain practical traction as an election year approaches may result in its supporters trying for an alternative strategy….imposing a two year moratorium preventing individual states from legalising the pastime whilst a rather …

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Betting adverts catch the attention of Aussie gambling regulator

27 Sep 2015

Extensive gambling company advertising in Australia has attracted the attention of regulatory monitoring programs as companies in the A$21 billion a year Australian market vye for punters’ attention. The Sydney Morning Herald reported over the weekend that CrownBet is the latest company to come under inspection by the New South Wales regulator, the Office of …

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Aussie online gambling review still on

26 Sep 2015

The new Social Services minister in Australia, Christian Porter, has assured interested parties that the government’s review of online gambling remains a commitment following recent political changes Porter told The Australian newspaper that the review was an election commitment and, as a new minister, an early order of business for him. “At this stage, it …

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888 formally launches Danish online casino site

26 Sep 2015

Having successfully achieved licensed status in Denmark (see previous  report), 888 formally launched its 888casino.dk Danish website this week, offering players free spins and sign-up bonus incentives to join. The full inventory of 888 games is available, including roulette, blackjack and slots, along with free-play action for those who want to familiarise themselves with the …

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Wearable computer hardware product launched by Oculus

26 Sep 2015

The virtual reality (VR) possibilities flowing from wearable computer hardware have been under development by leading online gambling providers like Playtech and Microgaming for some time (see previous  reports) but Facebook subsidiary Oculus is among the first to market with another commercial product this week. The company has been working closely with Korean smartphone giant …

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Will pensylvania join New Jersey in fighting for legalised sports betting?

25 Sep 2015

The battle for individual state legalisation of sports betting in the US could be heating up as reports from Pennsylvania suggest that the Democratic chairman of the House Gaming Oversight Committee, Nick Kotik, is planning the introduction of a new legalisation bill. Most observers thought that Pennsylvania would await the outcome of New Jersey’s expensive …

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TV action drama forms theme for new iSoftBet slot

25 Sep 2015

The adventures of television action hero Jack Bauer in the television series “24” now form the theme of a new online video slot from iSoftBet, which has developed the game in collaboration with Twentieth Century Fox. The new slot joins the growing selection of iSoftBet branded games and features Scatters, Exploding Wilds, Free Spins and …

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Advertising problems for DFS operators

25 Sep 2015

Despite partnerships with ESPN, which carries the SEC Network, the network and Pac-12 have decided to eschew the multi-million dollars offered for televised advertising space from daily fantasy sports companies, according to local media reports Friday. Pac-12 president Larry Scott told USA Today he will not televise commercials for DFS on the Pac-12Network, whilst Arkansas …

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Netbet returns to the Irish market

25 Sep 2015

International sports book and online casino operator NetBet has reopened for business in the Republic of Ireland after a brief period away from the Emerald Isle whilst it secured the appropriate licensing. Following recent online gambling regulatory legislation that came into effect on August 1st, NetBet had suspended services while a new licence application was …

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Microgaming signs live dealer agreement

25 Sep 2015

Online gambling software and games provider Microgaming and live dealer supplier Evolution Gaming have announced a collaborative deal that will see Evolution become the preferred provider of Live Casino services to Microgaming’s European-focused customers. Betway is the first Microgaming operator to take on Evolution’s Live Casino solution, and integration is already well underway, a statement …

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DDoS remains a threat to online gambling

25 Sep 2015

The growing incidences of Distributed Denial of Services attacks on e-business companies (see previous  reports) continues to concern cyber security firms, prompting one company to publish an infographic on the issue this week. In publishing the infographic, Gold Security notes that online gambling sites, where 60 percent of transactions occur in real-time, are especially vulnerable, …

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FanDuel follows DraftKings into eSports sector

25 Sep 2015

FanDuel, the daily fantasy sports outfit competing for leadership of the vertical with DraftKings, has announced the acquisition for an undisclosed consideration of eSports operator AlphaDraft. The announcement closely follows DraftKing’s earlier announcement that it was entering the eSports sector with agreements with six top eSports operators. The LA Times re-quoted Superdata research numbers revealing …

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Fractional cash-out introduced by Colossus Bets

25 Sep 2015

Colossus Bets and partners CORE Gaming and Sky Vegas launched what is claimed to be a landmark online slot for the gaming industry this week, introducing “Fracpot”. With its GBP 1,000,000 jackpot prize the Colossus Fracpot game is the first slot to incorporate a cash-out feature, the companies claim. Traditional slots are designed to be …

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More opposition for US online gambling ban act

25 Sep 2015

Influential free market organisations continue to be alarmed by the introduction in Congress of the Restoration of America’s Wire Act, a proposal that seeks a ban on many types of online gambling in the United States (see previous reports). In new developments the Center for Freedom and Prosperity(CF&P), joined by representatives from 11 other similarly …

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Malaysian government abandons plan to “guide” online media

25 Sep 2015

The Malaysian federal minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak, appears to have abandoned his plans to introduce Singapore-style “guidance” for online media outlets, revealing this week in an interview with the Malaysian Insider that the Communications and Multimedia Ministry no longer plans draw up ‘guidelines’ specifically for online news websites. The …

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Amaya to sponsor Canadian start-up function

24 Sep 2015

Canadian online gambling giant Amaya Inc. has announced that it is to become the major sponsor for the Start-up Open House scheduled for Montreal, Toronto, and Vancouver on October 29 and in Waterloo and Quebec City on November 5. The event is designed to bring together Canadian business and the public to promote small Canadian …

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Consolidation in Italy?

24 Sep 2015

The industry trend toward consolidation reached Italy this week with media reports that Lottomatica and Sisal Italia have recommenced merger negotiations that could lead to the creation of Italy’s biggest online and retail betting group with a value of over Euro 1.5 billion. La Repubblica, a major Italian newspaper, reported that Sisal has reconsidered its …

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Analysts raise 32Red target price following good first half

24 Sep 2015

Analysts at Numis are predicting a bright future for online gambling group 32Red.com after the company posted a positive set of H1-2015 results despite the ravages of the UK’s point-of-consumption tax. The respected Numis analyst Ivor Jones raised his target price on the firm’s stock by a third from 120p to 160p, saying that he …

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H1-2015 revenues up at Gaming Realms

24 Sep 2015

Online gambling platform supplier Gaming Realms has reported a strong first half to end June 2015 with revenue up y-o-y by 89 percent to GBP 8 million, thanks to success in its b2b endeavours. EBITDA in the period still reflected a loss of GBP 2.7 million, attributed to marketing spend (up at GBP 5.1 million) …

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Another new online slot on the way from NetEnt

24 Sep 2015

Online gambling software and games developer NetEnt has released a preview of a new slot scheduled for release on November 12 titled King of Slots. The new game is a 3 row, 25 pay-line video slot that deploys 15 different reels and is carried by a traditional fruit-machine style theme. Features include Sticky Wins, Scatters, …

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Belgian lottery in cross-marketing hot water

24 Sep 2015

Following complaints from major international online and land gambling and advertising firms of unfair competitive conduct, Belgium’s Loterie Nationale has agreed to pay a fine of Euro 1.9 million assessed by the European nation’s Competition Authority. The punishment is in respect of the lottery’s actions in launching its online sports betting product Scooore.be in 2013, …

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