Gambling news - page 793

Bet365 promos lead to Aussie court case

5 Mar 2015

One of the industry’s biggest online gambling operators, the Coates family’s Bet365 group, is facing legal action Downunder from the Australian Competition and Consumer Commission, which claims that the company’s free bet or deposit bonus offers made “misleading representations” to punters in breach of Aussie consumer laws. The case is at the pre-trial stage in …

Read now

Strong quarterly from Betfair

5 Mar 2015

The UK online gambling group Betfair plc has posted its interim management statement for fiscal period Q3 and FY 2015 ended 31 January 2015, reporting an impressive set of key performance indicators that includes: * Revenue up 20 percent to £114.6 million, representing the fourth consecutive quarter of double-digit growth; * Revenue from sustainable markets …

Read now

Evolution Gaming to float on Stockholm Stock Exchange

4 Mar 2015

According to Swedish media, pre-marketing by SEB and Carnegie for live dealer company Evolution Gaming’s IPO on the Stockholm Stock Exchange is in full swing. The company founded by Jens von Bahr and Fredrik Ostberg in 2006 will effectively be valued at over 3 Billion after flotation according to breakout.se. A term sheet details Evolution …

Read now

PMU launch online community platform

4 Mar 2015

French operator Pari Mutuel Urbain (PMU) has launched an online community support initiative for customers that will allow its players to interact directly over the internet. The aim of the initiative is to build a community where players can actively give each other tips, tricks and have their questions quickly answered before having to take …

Read now

Sportech deliver mediocre results

4 Mar 2015

Sports betting and pools operator Sportech, presenting its preliminary results for the twelve months ending December 31, 2014, said its focus on highly regulated markets had resulted in a strong performance from its Sportech Racing and Digital division and a satisfactory performance from its Football Pools product, however, its Sportech Venues business environment remained challenging. …

Read now

Austrian Gaming Industries upgrades GSA membership

4 Mar 2015

Novomatic-owned Austrian gaming firm Austrian Gaming Industries has become the Gaming Standards Association’s newest platinum member. The company upgraded its Gold status to Platinum and will join the GSA’s board of directors.

Read now

WMS releases new sword and sandals online slot Roman Chariots

4 Mar 2015

US games developer WMS has launched a new historically-themed online slot titled Roman Chariots which features three additional reels over the usual display, a supercharged reels innovation and stacked wilds. Spinning successive wins increases the multiplier on the small set of reels and mirrors the stacked wilds. When the Free Spins symbol appear on the …

Read now

Online gambling operator in-fighting in South Korea

4 Mar 2015

Without releasing specific details of the companies involved, South Korean police have revealed that two local computer experts have been arrested on charges of originating cyber-attacks on an illegal gambling website at the paid behest of a competitor. The police claim that one of the experts was paid the equivalent of almost a million dollars …

Read now

New Gameart games for Bitcoin players

4 Mar 2015

Bitcoin denominated online casino platform provider Coingaming.io has integrated games from developer Gameart into its platform. Integration with GameART provides operators that use the Coingaming Bitcoin only casino platform with access to their first 12 games available on all devices, including both flash and HTML5 versions, with mobile coming soon. Tauri Tiitsaar, COO of Coingaming, …

Read now

DoubleDown Casino launches Irish Shamrock slot

4 Mar 2015

International Game Technology’s social gaming website DoubleDown Casino unleashed its leprechauns Tuesday with the launch of Irish Shamrocks, a St. Patrick’s Day-themed game awarding virtual pots o’ gold at the end of the rainbow on desktop and mobile devices. The thematic game rewards players with a jackpot when 5 wilds and scatter symbols appear in …

Read now

Plumbee adds new game to Mirrorball Slots portfolio

4 Mar 2015

London based social casino games provider, Plumbee has announced the launch of “Sevens High”, a new slot game that is now available within its popular Mirrorball Slots app on Facebook. Created by the Swedish developer Quickspin, Sevens High has classic reel symbols and an arcade party atmosphere. Every single winning spin generates an automatic free …

Read now

Legendz Sports owners convicted

4 Mar 2015

Three Florida men behind Legendz Sports, a successful online sports betting operation that survived for a decade before being dismantled by US federal authorities (see previous reports) have been convicted in a federal Oklahoma City court and will be sentenced within the next few months. Fifty-year-olds Paul Tucker and Luis Robles, and 58-year-old Christopher Tanner …

Read now

Mobile gambling advisory post for former AGA chief

4 Mar 2015

Frank Fahrenkopf, the former CEO of the American Gaming Association, is back in the business, having been engaged as a strategic advisor by San Jose CA-based mobile gambling solutions provider Joingo. Fahrenkopf spent nearly two decades with the AGA and is respected for not only successfully representing the land casino industry in Washington DC, but …

Read now

Gambling test company expands with new acquisition

4 Mar 2015

The Gaming Labs International group of companies has acquired SLI Global Solutions (SLI), a specialist quality assurance and software testing service for an undisclosed consideration. A company spokesman said Tuesday: “With this acquisition, SLI Global Solutions and GLI combine to form one of the largest organizations with a singular focus on software testing and quality …

Read now

RAWA congressional hearing postponed

4 Mar 2015

Thursday’s Congressional hearing on the Restoration of the American Wire Act by the Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigations (see previous  reports) has been postponed due to inclement weather to a date to be advised. Nevertheless, the industry has plenty to talk about, given the release of the list of witnesses scheduled …

Read now

Bet Victor launch new TV campaign

3 Mar 2015

English comedian and actor Paul Kaye returns as BetVictor’s excitable punter Maurice in a new TV advertisement launched prior to the Cheltenham Festival next week. Creative agency VCCP produced the ad featuring Kaye who acts as a contestant in a quiz-style show about betting sports.

Read now

MGT Capital and Tera to merge

3 Mar 2015

MGT Capital Investments has entered into a Letter of Intent with Tera Group Inc., the owner of TeraExchange LLC, a Swap Execution Facility regulated by the Commodity Futures Trading Commission. Subject to regulatory conditions and stockholder approvals, should the merger prove successful the first publicly traded U.S. Bitcoin Derivatives Exchange would be formed. “Growing consumer …

Read now

Webis to shutter BetInternet operation

3 Mar 2015

Webis Holdings PLC has announced the imminent closure of its BetInternet.comLimited operation saying opportunities for US pari-mutuel business have directed the company to narrow its focus  on the development of its WatchandWager business.   Webis describes BetInternet.com as no longer viable due to jurisdictional protectionism for fixed-odds operations by either prohibition or onerous regulatory and levy requirements.   The company said discussion with …

Read now

Microgaming launch new content

3 Mar 2015

https://www.youtube.com/watch?v=XwF5sA7TE9I Microgaming’s latest game “Lucky Leprechaun” is set for release this week along with a re-design of an old favourite.   Lucky Leprechaun is a five-reel, 20-payline game featuring all that’s Irish luck.  It offers stacked wilds, scatters and two bonus features. The first triggered when a single coin scatter lands on the fifth reel, delivers five …

Read now

The Gambia bans gambling

3 Mar 2015

Africa’s smallest mainland country, predominately inhabited by followers of Islam and Christianity, has outlawed all forms of gambling including lotteries and casinos. The Gambia Government has reportedly instructed gambling operators to cease all activities with immediate effect saying it was tackling the mushrooming sports betting and gambling den operations that are encouraging negative social values such …

Read now

Paddy Power 2014 prelims released

3 Mar 2015

Online and land gambling group Paddy Power plc has published its preliminary results for the year to end December 2014, reporting the following highlights: * Net revenue of Euro 882 million, up 18 percent with strong momentum in all Online and Retail top-line metrics; * Record profit before tax, up 21 percent to Euro 167 …

Read now

Ezugi live dealer in content deal with Iforium

3 Mar 2015

Live dealer provider Ezugi has announced a deal that will see it integrating its Live Casino solution with the Iforium Gameflex multi-vendor casino engine. The distribution agreement requires Ezugi to provide its entire portfolio of games, including Black Jack, Hybrid Blackjack, Roulette, Baccarat, Keno and Live Lottery. All of Ezugi’s live dealer games will be …

Read now

Illinois attempt to make online lottery action permanent

3 Mar 2015

The state of Illinois’ trial of online lottery ticket sales has proved such a success after 36 months that Rep. Ed Sullivan wants to see it permanently featured, and has submitted bill HB 3870 to achieve just that. The measure is a little early in terms of the 48 month window which the state Legislature …

Read now

Fourth quarter losses persist for Caesars Interactive

3 Mar 2015

Caesars Interactive Entertainment, the online arm of US land gambling giant Caesars Entertainment, has reported on its fourth quarter, with revenues rising 63.6 percent to $156.4 million following good performances in social gaming and New Jersey online gambling interests. CIE adjusted earnings soared to $47.9 million, but the company’s net loss more than doubled at …

Read now