Paddy Power’s 2014 annual report, presented in a typically irreverent and entertaining style, is now available, showcasing impressive results with over half its action now online, but recording the demise of the Paddy Power In-Play Facebook app, social gaming product Betdash and the Roller mobile casino. New chief executive Andy McCue said the products hadn’t …
HRADF, the Greek government’s privatisation agency charged with selling off government assets as the nation struggles to meet its international debt obligations, has announced that it has invited former government gambling monopoly (since privatised) group OPAP to sign an agreement to acquire the country’s sole licence for horse racing betting. The Reuters news agency reports …
Federal prosecutors in the illegal sports betting case against Paul Phua (see previous reports) suffered a setback Friday when US District Judge Andrew Gordon ruled that evidence gathered through a questionable FBI ruse abused the accused’s privacy rights and is therefore inadmissible. Our readers will recall that Phua and seven associates took up luxury accommodation …
The Gaming Standards Association (GSA) announced Friday that the group’s Online Gaming Committee will meet May 12 and 13 in London to do a final review of the Third-Party Game Interface standard. The Third-Party Game Interface is used to link together iGaming Platforms, Remote Game Servers, and Progressive Servers. During the meeting, the committee will …
Expansion is the broad strategy going into 2015, online gambling software and turnkey provider NYX Gaming revealed in posting its Q4 and full year 2014 results this week, flagging the following highlights: * Full-year revenue up 46 percent to $27.3 million; * Full-year Adjusted EBITDA up 43 percent to $6.1 million; * Gross profit up …
Late last year Bwin.Party signed a content supply agreement for its internet and mobile casino with Swedish online gambling software developer Net Entertainment, and the deal came to fruition this week with the launch of the new games. Golan Shaked, group director at Bwin.Party said that the integration process had gone well, adding: “We embarked …
The Irish online gambling software provider Game Account Network (GAN) has posted a GBP 2.6 million pre-tax loss for 2014 despite a rise in underlying net revenue of 20 percent to GBP 6.5 million. CEO Dermot Smurfit revealed that GAN has focused much of its expansion on securing a foothold in the United States as …
The global sports betting market is conservatively estimated to be worth up to $3 trillion, and 90 percent of it is illegally conducted, a United Nations conference session on match-fixing heard this week. Making that assessment was one-time director of trading at the Hong Kong Jockey Club and now independent betting expert Patrick Jay, who …
Media reports from Pennsylvania on Thursday’s online gambling legalisation bill hearings (see previous reports) are pretty much unanimously positive, portraying a professional political approach by members of the House Gaming Oversight Committee, which reportedly listened intently to the testimony of properly experienced and qualified people. That’s in stark contrast to the laughably biased Chaffetz hearing …
The sixth Atlantic City casino to introduce online gambling, Resorts Casino Hotel (see previous reports) has taken a further step in merging in-person and online gaming by launching its Internet Gaming Lounge Thursday. Owner Morris Bailey told the Associated Press news agency that he hopes the lounge will familiarise punters with internet gambling by merging …
One of the leading operators in the booming online daily fantasy sports sector, FanDuel, has joined the Internet Association, a trade group that represents dozens of technology giants from Yahoo and Google to Facebook and Twitter, reports The Hill newspaper. Although fantasy sports is largely exempt from wider federal bans on online gambling, like traditional …
After just under eight years as head of remote gambling at the Italian regulator Agenzia delle Dogane e dei Monopoli (AAMS) Francesco Rodano has resigned to join IGT as international business development director. Agipronews reports that Rodano joined AAMS as head of the general manager secretariat, and was subsequently promoted to lead the remote gaming …
Football and sports jackpots company Colossus Bets has launched its first African partnership with Nigerian sports betting firm 1960bet. The agreement will see all of Colossus Bets pool products, including the GBP 10 million Colossus, offered throughout the African nation via the Nigerian company, starting at the beginning of the new football season in August …
Online gambling platform provider and operator Nektan plc has inked a business-to-business agreement to supply and operate for Independent News & Media (INM) a white label multi-channel online casino. This is INM’s first real-money gaming casino and will launch shortly in Ireland with a suite of casino games that will be available via mobile, tablet …
Table games supplier Games Marketing has concluded a multi-year deal on behalf of its parent company Progressive Games Partners (PGP) to supply content to Ration Group subsidiaries PokerStars and Full Tilt. PokerStars and Full Tilt will have access to a number of the company’s latest games, beginning with the roll-out of Double Ball Roulette and …
Just when many thought the Revel saga in Atlantic City was over with its sale to Florida deveoper Glenn Straub (see previous reports) it was back in the headlines again this week as Straub clashed with the state bureaucracy and threatened to halt his development plans for Atlantic City. The drama began when the long-suffering …
Barry Mindes, the octogenarian developer who in the ‘nineties invented the SportsXaction live in-game betting software that was the forerunner of many of today’s land and online action betting facilities, is about to bring to market a new but related product for the booming fantasy sports vertical. Unveiling his latest project in an interview with …
Official and independently audited numbers from Clarion’s ICE Totally Gaming Expo in London earlier this year show that 25,497 people attended the event, widely regarded as one of the top such marketplaces in the international gambling industry. The figure represents an 8 percent increase on the previous year’s presentation, and is 15 percent up on …
After weeks of reticence that sparked a storm of speculation, the identity of the new owner of Pinnacle Sports has been confirmed by the operations manager, Paris Smith, who revealed that Magnus Hedman is the head honcho. Swedish entrepreneur Hedman is perhaps better known as the founder of Malta-based business-to-business sports betting risk management and …
GECO Gaming has announced that it is ready to welcome game developers and operators to its new online gambling platform, now that it has secured UK Gambling Commission and Alderney licensing. “We have clear blue skies ahead of us,” said CEO Mark Paling this week, “We are welcoming on board both game developers and operators…..initial …
The latest figures from the New Jersey regulator show that the nascent online gambling industry in the Garden State enjoyed an improved March with overall revenues reaching $13.16 million. The corresponding period a year ago delivered revenues of $11.87million. Online casino operations recorded revenues of $10.9 million, well up on the same period in 2014 …
The New Zealand government has expressed concerns about the activities of offshore online sports betting operators and has tasked a new working group with a review of the situation, perhaps as a prelude to a crackdown. The New Zealand Herald reports that Racing Minister Nathan Guy, concerned that online sports betting may be depriving the …
Turnkey online casino supplier Plus-Five Gaming is to augment its games inventory with new slot offerings following a content agreement with developer Xin Gaming, which earlier this month inked a deal with Prague-based games provider Endorphina (see previous report). Xin launched its first 9 slot games, with an Asian focus, in December 2014, claiming the …
888.com has entered into a sponsorship deal with new 24 hour free to view UK TV channel Spike TV becoming its first sponsor. 888 sponsors the Prime-Time slot from 21h00 to 24h00 and its Sport, Casino and Poker brands will be seen across shows that include Lip Sync Battle and Breaking Bad in the deal …