The Rank Group plc has posted its full-year results for fiscal 2014-15, flagging the following highlights: * Operating profit up 16 percent with all brands in growth; * Group revenue up 4 percent, with like-for-like revenue for Grosvenor Casinos and Mecca up 8 percent and 2 percent respectively; * Group EBITDA up 9 percent at …
The latest Australian gambling brand awareness survey from Global Reviews show that Paddy Power-owned Sportsbet and Tabcorp are again tops in Aussie punter awareness at 70 percent and 65 percent respectively. Competitors Tatts and William Hill both suffered from re-branding initiatives, Tatts with its move to the Ubet identity and William Hill with its drive …
The latest numbers from Denmark’s online gambling regulator, Spillemyndigheden, portray an industry in good health in Q2-2015, with online casino action delivering the best potential. The reports notes that: * Online licensee revenues were up an impressive 25 percent year-on-year to DKK 335 million ($49.9 million) in the second quarter of 2015, and 8 percent …
The respected US gambling research company Eilers Research, has announced the publication of an in-depth white paper titled: “eSports Betting: It’s Real, and Bigger Than You Think”. The report, authored by the equally respected and knowledgeable Chris Grove, a senior consultant at the company, focuses on the eSports betting opportunity, including a survey of the …
Tatts Group, an online and land betting group based in Australia, reports that its online betting services made a healthy contribution to a solid group performance in fiscal 2014, helping the company to achieve an increase in profits of 13 percent to A$255.6 million. For the year ended June 30 2015, the group reported that …
Security and ID provisions software provider GBG has been selected to provide global ID verification for online gambling software and technology provider Playtech plc. The agreement will see GBG providing its services to Playtech’s licensee network through its IMS platform. The provisions will be offered throughout Playtech’s product range, including its recently incorporated financial trading …
The UK-based Industry Group for Responsible Gambling (IGRG) has announced a range of improvements that will be made to the Industry Code for Socially Responsible Advertising. The improvements will form part of a revised version of the Code and will be implemented within six months. The Code was originally produced in 2007. Among its most …
The Washington-based conservative action group Judicial Watch announced Wednesday that it has filed a lawsuit in the U.S. District Court for the District of Columbia seeking documents regarding the Department of Justice’s 2011 ruling that the Wire Act of 1961 and other laws prohibiting online gambling, such as the Unlawful Internet Gambling Enforcement Act of …
The bidding war between 888 and GVC for Bwin.Party warmed up again this week with the news that the GVC-Cerberus Capital partnership has upped the ante to 130p a share – a shares and cash offer worth around GBP1.1 billion and a significantly marked improvement on its earlier proposals of GBP 1.03 billion and GBP …
Playtech shareholders approved the acquisition of CFD firm Plus500 at an extraordinary general meeting this morning (August 19). Completion of the acquisition remains subject to certain conditions, including regulatory approvals, but is expected to complete no later than 30 September 2015. The deal clinched earlier this year values the company at GBP 459.6 million or …
FIFA subsidiary Early Warning System GmbH (EWS) has entered into a cooperation agreement with digital sports content provider PERFORM in its continued effort to enhance the integrity of football events. PERFORM’s “Opta” product, providing historical and live performance data will be integrated into EWS’ integrity monitoring system optimising the detection and analysis of suspicious activities …
Hattrick Sports Group subsidiary Prva Sportska Kladionica d.o.o. (“PSK”), has been awarded an online gambling licence by Romania’s national office for gaming, Oficiul Naţional pentru Jocuri de Noroc (ONJN). Hattrick will operate online in Romania under its land-based Casa Pariurilor brand utilising proprietary web and mobile technology. “We are excited the ONJN selected Casa Pariurilor …
Gaming Innovation Group, (GIG), parent company of Guts.com, delivered an upbeat quarterly report saying it has succeeded in establishing a solid platform from which to grow. Key performance indicators for the period include: – Net income of Euro 800 000 (Q2/2014: Euro -100 000). – Profit before tax amounted to Euro 900 000 (Q2/2014: Euro …
Security group Akamai’s second quarter 2015 review of the Internet reports a record number of Distributed Denial of Services attacks in Q2-2015 – up 7 percent on the preceding quarter – and cautions that online gaming sites appear to be a popular target for the criminal organisations behind the assaults. On a year-on-year comparative basis, …
Online gambling revenues in Delaware continued to advance in sequential monthly terms during the month of July 2015 according to figures released this week by the Delaware Lottery. New registrations were up at 378 at Delaware Park, Dover Downs and Harrington – the highest number of new accounts achieved in the past 10 months and …
China continues to struggle with criminal elements on the internet, but has enjoyed some success this year according to a report in the publication CIO Tuesday. Government enforcement investigations and actions have resulted in the arrest of 15,000 criminals charged with hacking attacks, cyber fraud, and the promotion of gambling in 7,400 separate cases…and more …
Malta-regulated horse racing bookmaker Racebets International Gaming Limited has been awarded a Combined Continuation Remote Operating Licence from the UK Gambling Commission. “The decision vindicates our commitment to British racing and the hard work that has been carried out by the whole team, over the last few years,” Patrick Byrne, managing director of RaceBets said.
Slotland’s Treasure Box slot paid out a major jackpot of $149 999 to lucky punter and dentist Samuel W. this week. “I was so surprised to hit the big one!” Samuel W. said. “I guess I’ll pay off my credit cards and I think I’ll buy my sister a new car. My wife loves her …
Users of the Bitcoin virtual currency are reportedly unhappy with the new Bitcoin XT version developed by Mike Hearn and recommended by the currency’s chief scientist, Gavin Andresen…but the latter says that consumers are starting to come round to the idea, with 10 percent of the network embracing the new product within the last few …
BetConstruct has expanded its sportsbook product with a new “eFootball” live sports offer, saying the addition provides a link between traditional sports and eSports betting through the medium of football, giving operators opportunities aimed at a younger demographic. eFootball will feature matches from the FIFA Football League with teams competing using the EA Sports FIFA …
According to the Times.co.uk, GVC Holdings may be facing a legal challenge from Canadian sports and entertainment consulting firm 37 Entertainment (37E). GVC and 37E have reportedly been in protracted talks concerning a joint online gambling venture for the Canadian market, the signing of which was “merely a formality” the report said. The multi-million dollar …
Gala Coral has appointed David Fuke as Head of Web and Mobile. Fuke joined the company earlier this year from bwin.party digital entertainment where he served as Head of Product: Bingo for two years. Prior to bwin.party, Fuke was employed by Endemol as product development manager and Ladbrokes where he served as general manager: games …
Online gaming technology provider Genii has announced an agreement to integrate its extensive portfolio of casino games to Altenar’s fully managed gaming solution. The agreement enhances Altenar’s mobile and desktop casino offering with Genii’s portfolio of over 130 games, headlined by the new Spin 16 product range. Altenar specialises in sportsbook with its BetInAction Sportsbook …
The Gun Lake tribe in Michigan is showing its displeasure at a state decision to take lottery operations online by withholding $7 million in annual revenue payments from its Gun Lake Casino, an operation managed by the Station Casinos group. The tribe has justified the withholding by arguing that the decision violates its 2007 agreement …