Erik and Jan Harald Portocarrerro, two brothers busted back in June 2013 on racketeering and illegal online sportsbetting charges in the Macho Sports federal sting operation (see previous reports) were sentenced this week in a California federal court, paying a painful price for their illegal activity. The Los Angeles Times reports that on Friday US …
Q2-2015 results from the US social gaming group Zynga this week were better than expected, although hardly stellar; the company reported: * Q2 revenue up 30 percent to almost $200 million; * Net loss lower at $26.9 million (Q2-2014: loss of $62.5 million); * Advertising expenditure up 7 percent on the preceding quarter, but 70 …
The bidding war for ownership of Bwin.Party Digital Entertainment continued Friday with a new offer from GVC Holdings plc as it attempts to beat rival 888 Holdings, the current favoured bid by the Bwin board of directors. In its second raise in the last two weeks, GVC, backed by US private equity firm Cerberus Capital …
Amid a wide-ranging initiative to better control a very active overall gambling market, the Czech government is looking at how online gambling should be tackled, according to a lengthy report at: http://www.radio.cz/en/section/marketplace/new-rules-to-clampdown-on-gambling-industry-or-just-move-it-online General gambling controls accepted by the cabinet but unlikely to be implemented before 2017 include restrictions on non-stop gaming bars, obligatory pauses for …
Alleged illegal Chinese gambling ring head man Wang Bo has lost his running battle with the Philippines Bureau of Immigration to stay in Manila and was deported back to China Thursday to face charges in that country. Our readers may recall that Ho’s well-funded attempts to stay in the Philippines resulted in the investigation of …
The Unibet publicly listed online gambling group has reached agreement with iGame Holding plc to acquire 100 percent of the company for an initial cash payment of Euro 59 million, with a further Euro 20 million possible in payments contingent on performance targets being met. The iGame Group is a specialist gambling operator with focus …
Online gambling software and games provider NYX Gaming Group Limited has announced the go-live of its partnership with Extreme Live Gaming for the supply of a live dealer platform into the NYX OGS offering. Online operators Mybet, Doxx and Intercasino are already live, with 9 operators signed in total. Extreme Live Gaming is providing Blackjack, …
UK online and land gambling group William Hill plc announced Thursday that it has acquired a 29.4 percent interest in online lottery and software developer NeoGames for a consideration of $25 million. The agreement gives the British company a foothold in the online lottery market and comes with an option to acquire the remaining 70.6 …
British online and land gambling operator William Hill plc has posted H1-2015 results to end June reporting a 12 percent fall in operating profit, which the company attributes to increased machine games duty and a new tax on bets made online by UK-based customers. Operating profit was GBP 155.7 million for the half-year, down from …
The new daily fantasy sports operator Fanaments has launched in the UK, offering players a slew of football competition-based games including the English Premier League, La Liga, and UEFA Champions League. It will also go live with sports including NBA basketball, Ultimate Fighting Championship mixed martial arts and PGA golf. The Malta-licensed platform, which is …
https://www.youtube.com/watch?v=UqhPlR-CuBg Paddy Power’s latest television advert has been launched to mark the start of the UK Premier League football season, and features a mock 26-barrel chain gun blasting potential punters with the company’s latest bonus offer. Titled “So Generous it Hurts”, the advert is the work of creative agency Lucky Generals, which returns to the …
The sale of Sky Betting and Gaming to private equity company CVC Capital has proved profitable for parent Sky Media, which clinched the deal for GBP 620 million in cash and the remainder of the agreed GBP 800 million consideration depending on performance criteria that have been set. Sky Media will continue to hold a …
NetBet has joined the ranks of online gambling companies that have secured sponsorship deals with major European football clubs, this week announcing that it has inked an agreement for the 2015-16 season with French Ligue 1 club Gazelec Ajaccio. The agreement will see NetBet’s logo displayed on team shirts, and carries valuable advertising, publicity and …
Miffed politicians in Minnesota have finally triumphed in their two-year long efforts to kill a promising online initiative by the state lottery director, Ed Van Petten. Our readers may recall that Van Petten, backed by the state governor, sought to attract a younger demographic to the lottery by launching online, gas pump and ATM lottery …
Following closely on the heels of its sponsorship deal with UK football club Tottenham Hotspur (see previous report), the Isle of Man fantasy football company Mondogoal has scored another important deal – this one with the budding daily fantasy sports division of internet giant Yahoo. The deal widens Mondogoal’s brand exposure and adds UK football …
During the recent Q2-2015 press conference Boyd Gaming CEO Kevin Smith revealed that his company’s investment in the Borgata online gambling initiative in New Jersey has so far yielded impressive results, with four consecutive quarters showing gains and a 45 percent year-on-year increase in profit, albeit still at relatively small levels. “EBITDA at the Borgata …
The much-anticipated release of Microgaming’s Bridesmaids slot takes place today (Thursday), taking the blockbuster Bridesmaids brand to an even wider audience. Released in 2011, the Universal Studios movie Bridesmaids was a storming success, becoming the highest-grossing R-rated female comedy of all time and earning nearly $300 million worldwide. The movie, featuring an all-star ensemble, not …
Speaking in an interview with the Malaysian newspaper The Star this week, the newly appointed Communications and Multimedia Minister, Datuk Seri Dr Salleh Said Keruak, said the government was mulling stricter cyber laws that could include website blocking and the enforced registration of online news and information services. Whilst denying that social media restrictions were …
EveryMatrix, an online gambling white label provider, has announced that it has achieved ISO/IEC 27001 standards on information security management after meeting stringent international requirements. The certification covers data protection and represents a commitment to EveryMatrix partners and clients, a company statement declared Wednesday. Ebbe Groes, CEO of the company, said the certification recognised EveryMatrix …
Forbes has released its inaugural 100 Richest Tech Billionaires From Around The Globe List 2015 and it includes some familiar names. One of only seven women who made the list, Bet365’s Denise Coates came in at No. 71 with a fortune of $2.9 Billion. She also took 737th place on the World’s Billionaire’s list. Brother …
Top English Premier League football club Manchester United (MANU) has named its new betting partner as MarathonBet following the signing of a multi-year deal. MarathonBet becomes MANU’s official global betting partner, excluding China and the USA, and will engage with Manchester United’s 659 million followers through exclusive content and branding across the Club’s digital platforms. …
Contagious Gaming Inc.’s Contagious Sports Limited has sealed a non-exclusive distribution deal with Microgaming to integrate its Goal Time product into Quickfire’s gaming platform. Goal Time, an in-play, pari-mutuel, sports betting platform, will expand into new territories and benefit from Quickfire’s portfolio of over 300 brands. “This agreement with Microgaming is an exciting and significant …
Unibet Group plc delivered a respectable second quarter and first half year report Wednesday, impacted, it says, by currency exchange rates after translation. Key financial highlights for Q2/2015 include: – New all-time high in gross winnings revenue amounting to GBP 80.5 million (Q2/2014: GBP 75.6 million). The company noted that underlying organic growth in gross …
B2B fully managed sports betting provider Kambi Sports plc delivered its Q2/2015 report saying its is pleased with the results considering the lack of a major sporting event during the period. Key performance indicators for the Q2/2015 period include: Revenue of Euro 10.7 million, up 13 percent (Q2/2014: Euro 9.5 million. Operating profit (EBIT) was …