Just ten months out of the gate, Michigan State Lottery online operations have delivered some impressive results despite a lack of serious marketing effort, officials reported this week. Jeff Holyfield, PR director for the lottery, modestly described the results as “promising”, revealing that a loyalty program has since been rolled out, and there has been …
In a guidance statement outlining prospects for its financial year ending June 30 2015, the management of Aussie online sportsbetting company Ebet Limited this week projected a rise in net profit before tax (NPBT) of between 52 and 60 percent. The company’s CEO, Ken Carr, said that before tax profits are likely to be in …
Prolific software provider Microgaming is set to launch five new titles across its download, Flash and Quickfire platforms on Wednesday June 3, 2015, delivering a range of themes that are sure to appeal to a broad player base. Hound Hotel is a canine-themed 25-payline slot featuring Dashing Wilds which can strike at any time on …
Greek gambling company Greek Organisation of Football Prognostics SA (OPAP) continues its recovery from the effects of the economic recession reporting an 18 percent increase in net profit during its first quarter period, a result attributable in part to the launch of new games and cost cutting measures. Net profit amounted to Euro 58.7 million …
French online gambling authority, Autorité de Régulation des Jeux en Ligne (ARJEL) has begun its five-year license renewal process. Among the first to be notified of renewal approvals are: Beturf – online horse race betting via leturf.fr, Everest Gaming – online poker via Everestpoker.fr, Betclic Enterprises – pari mutuel horserace betting, online poker and online …
Geonomics’ (formerly Roboreus) much maligned GeoLotto game has eventually crowned its first millionaire. The location-based game has had a long and bumpy history. GeoSweep (now GeoLotto) was previously withdrawn from the UK by Roboreus (now Geonomics) due to a lack of performance . The Atlantic Lottery Corporation (ALC) then sunk around CAD$8.7 million in investment …
Software developer Quickspin has entered into its latest content supply deal with Austrian-based SKS365 Group’s planetwin365 operation. Planetwin365 will offer Quickspin’s complete portfolio of games across both mobile and web platforms. “Quickspin’s innovative and award-winning games will be a perfect supplement to our market leading sportsbook at planetwin365.com”, commented Thomas Smallwood, chief executive officer, SKS365 …
Australian gaming firm Aristocrat Leisure Limited presented strong results in its HY1 2015 report underpinned by a robust performance from its digital gaming business. Key performance highlights for the six month period ending March 31, 2015 include: Group net profit after tax of $110.1 million, a 66.8 percent increase in reported currency and a 45.9 …
ZEAL Network SE’s (formerly Tipp24) chief executive officer Dr Hans Cornehl has declined to renew his contract due end December 2015 after serving thirteen years with the company. Cornehl has spent the past thirteen years on the Executive Board of the company, with a period of four years of those as chief executive officer. Dr …
The UK online sportsbook operator Titanbet.co.uk has announced its first partnership with York Racecourse after agreeing to sponsor this weekend’s May Spring Meeting. The agreement will see the sportsbook endorse two races on Saturday May 30th, which will both be shown live on Channel 4. The seven race card will now include the seven furlong …
The Malaysian police continued to mount online gambling den raids Monday, this time in the Petaling Jaya region in Selangor province, where seven separate raids netted 18 individuals, six of them foreign nationals. The federal Special Task Force for Anti-Vice, Gaming and Gangsterism carried out the raids under the command of Senior Asst Comm Khairi …
Former Sportingbet chief executive officer, Andrew McIver has joined the board of Chroma Group Ltd as a non-executive director. The UK-based firm creates and maintains mobile, web and tablet applications for sports rights holders, media companies, brands, and bookmakers globally from its offices situated in London, Brighton and Sydney. Under the terms of the independent …
Norbert Teufelberger, the chief executive of the troubled and currently up for sale Bwin Party Digital Entertainment online gambling group, could be in the money big time if a successful acquisition of the company goes through. Since last November the group has been on the sales block, and has confirmed that it is in talks …
Police in Sibu, a city in the Sarawak province of Malaysia, have again been active over the weekend, raiding 12 locations and arresting 35 people – 13 operator staff and 22 online punters. Inspector-General of Police Datuk Khalid Abu Bakar said the Anti-Vice, Gambling and Gangsterism Special Task Force operations followed tip-offs and investigations, and …
Rep. John Payne’s House Gaming Oversight committee continued its road trip style investigations last week, stopping at the Meadows Racetrack and Casino, where owner Bill Paulos and vice president and general manager Sean Sullivan, along with other industry executives, gave their views on internet gambling legalisation and the competitive challenges facing state businesses. “This is …
The Jakarta Globe reports that the national police force in Indonesia is enjoying success in its latest drive to shut down illegal internet gambling, and has blocked 360 sites operated from Malaysia, the Philippines and Thailand. “We are working together with the Communications Ministry in blocking the sites,” Brig. Gen. Viktor Simandjuntak, director of the …
Kelly Harris (27), the Brisbane, Australia-based financial officer of the Queensland Police Union, has resigned following an annual audit which found a million dollars had gone missing from the union’s accounts over a six month period. Harris has engaged a lawyer as investigations progress, with allegations that the missing funds were channeled into a series …
The majority of the 42 employees laid off in Orlando recently by social gaming developer Zynga have found a new home with the rising daily fantasy sports star Fanduel, which has taken on 38 of them in opening its new Orlando office. The casualties of Zynga’s failed Sports 365 venture will be led by one …
The break up of the Legendz online sports betting ring last year had another sequel in an Oklahoma federal court this week when three men were found guilty on racketeering conspiracy, conducting an illegal gambling business and money laundering conspiracy charges. Rodger Bramley, 73, of Plano, Texas; Kelley Diebner, 43, of Houston; and Leon Moran …
The ill-informed claims last week by Lyle Beckwith of the National Association of Convenience Stores that geo-location is not effective in intrastate online gambling situations has been debunked by Anna Sainsbury, chief executive officer of GeoComply. Beckwith made the claims in an op-ed article in the Washington DC publication Roll Call in what appeared to …
Las Vegas Sands owner Sheldon Adelson’s bid to have a court action heard in Macau rather than in the United States was defeated Friday when US federal Judge Elizabeth Gonzalez ruled that the full case could be heard in the Nevada. Adelson is being sued by former Macau executive Steven Jacobs, who has alleged that …
According to a report in the business section of the Irish Times, local betting group Boylesports is making moves aimed at taking over Ladbrokes’ loss-making Irish retail business, placed under High Court protection earlier this year at Ladbrokes request . The Deloittes manager appointed by the court as examiner to oversee a rescue bid, Ken …
Thwarted in a bid to take over the UK online bingo supplier Chelbis recently, the Toronto-based online gambling software developer Contagious Gaming has signed a letter of intent to acquire the well-established German sportsbook software provider Digitote. In a press statement advising its intentions, management at Contagious said the Digitote deal was worth Euro 5 …
World famous professional boxer Manny Pacquino has lent his name to a new Costa Rica-based online sportsbook and casino launching this week, entitled Vital Bet.com. The operation is powered by UltraPlay and accepts wagers via Bitcoin or more traditional currencies through a proprietary financial firm in Cyprus. In addition to an RNG casino, the site …