Gambling news - page 794

Church fraudster jailed

18 Mar 2015

Nicola Holding, described as a trusted church treasurer, who stole GBP 90,000 between 2008 and 2011 was sentenced to two and half years jail by the Plymouth Crown Court after pleading guilty but evading sentencing because of supposed ill health. Holding siphoned off money from St Boniface Church funds, spending it on online gambling and …

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iSoftBet content launched via Iforium’s Gameflex platform

18 Mar 2015

Iforium customers will benefit from a portfolio of original and branded iSoftBet content across multiple platforms following a content supply deal inked by the two companies. The portfolio, which includes a range of popular browser and mobile games, will be integrated and deployed via Iforium’s GameFlex platform. Phil Parry, chief executive officer at Iforium, commented …

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FSB Technology unveils sportsbook platform and first native iOS mobile application

18 Mar 2015

Managed service provider FSB Technology (UK) Ltd has built and launched a fully responsive sportsbook platform and a native iOS mobile application which will allow its licensees the ability to create a bespoke user experience while providing customers a consistent look and feel regardless of the device or operating system they use. The bespoke CMS …

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Genesis Gaming awarded UK license

18 Mar 2015

Genesis Gaming is the latest to be awarded a Remote Gambling Software License by the UK Gambling Commission enabling the company to continue providing slot content to the UK market. “The UK market is of huge importance to us as it’s home to some very strong operators and the granting of this license will allow …

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Land casino company warns off online imitators

18 Mar 2015

The Galaxy Entertainment land gambling group issued a stern warning to online imitators who infringe its trademarks and brands this week – back off or we will take action against you. In a public statement the group claimed that illegal betting websites are using its name, mark, images and hotline in order to mislead or …

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World Bet Exchange shutters UK business

17 Mar 2015

World Bet Exchange (WBX) has closed its betting exchange due to “the rising costs of regulatory compliance and levies in the United Kingdom”. Although betting will be suspended, members will still be able to log in to withdraw their funds and to see their balances and unsettled bets, a company advisory said. WBXMail will remain …

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William Hill CMO to join The Telegraph Media Group

17 Mar 2015

Respected marketer Kristof Fahy will leave William Hill after five years as chief marketing officer to join The Telegraph Media Group at the end of March (see previous report). Fahy will report to chief executive Murdoch MacLennan as chief marketing officer and will become a member of the company’s senior executive team reported Marketing Magazine. …

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Feast of betting at Cheltenham

17 Mar 2015

Horse racing fans made the most of the four day Cheltenham Festival this week, with one betting software provider – Openbet – reporting that it handled more than 25,000,000 total sports bets during the 2015 edition of the popular racing festival. The sum contributed towards 146,000,000 account transactions over the four-day period. Openbet reports that …

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SafeCharge powerhouse

17 Mar 2015

Israeli online gambling and property billionaire Teddy Sagi’s payment processing business SafeCharge had a stomping year according to full year 2014 results which were released earlier today (Tuesday). Key performance highlights for the year ending December 31, 2014 include: –    Revenues up 78 percent to US$76.9 million (2013: US$43.2 million) –    Gross Profit up 79 …

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Vermantia virtual games live with Eurobet

17 Mar 2015

Vermantia has partnered EuroBet Italy for the provision of its virtual games portfolio for the Italian market across retail, online and mobile platforms. The deal marks Vermantia’s seventh in the Italian market, further strengthening its existing presence. “We are excited to work with Vermantia to strengthen our Virtual Games offering, one of the most profitable …

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iGame in content deal with NYX Gaming Group

17 Mar 2015

iGame will take on NYX Gaming Group content through the company’s NYXOGS product following a deal announced this week. iGame customers will gain access to a powerful range of titles from the likes of Nextgen Gaming, ELK studios, Amaya, iGaming2go, Thunderkick and others along with a portfolio of over 60 additional HTML5 titles. iGame Limited …

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New Jersey back in court today on sports betting issue

17 Mar 2015

Later today (Tuesday) legal representatives for the state of New Jersey and the four national sports leagues will again cross swords on legalised sports betting, this time before the Third US Circuit Court of Appeals in Philadelphia. The clash is the latest in a series of legal actions brought by the sports leagues as they …

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Investors sue Hong Kong online lottery firm

17 Mar 2015

Several American law firms representing a reportedly large number of investors have filed a federal securities fraud class action against Hong Kong based but New York-listed online lottery firm 500.com. The filings accuse 500.com of misrepresentation of its business practices and operations in the build up to the company’s December 2013 IPO, in which it …

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Americans will splash out $9 billion on March Madness this year

17 Mar 2015

Americans will bet more than $9 billion on the National Collegiate Athletic Association’s basketball tournament this year, but the vast majority of those bets will be illegal, reports the publication Pennlive, quoting American Gaming Association figures. The Association estimates that this vast sum will be wagered on 68 teams through 70 million brackets, but only …

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Online bingo player stole to fund compulsion to gamble

17 Mar 2015

Jacqueline Balaam, a 41-year-old financial officer at Pembroke College in the University of Cambridge who was arrested last year on fraud charges, paid the price for her wrongdoing this week when she was sentenced to two and a half years in jail. Balaam, reportedly a compulsive online bingo gambler, was convicted in the Cambridge Crown …

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South African minister warns on illegal online gambling

17 Mar 2015

During his appearance this week before the South African parliament’s Portfolio Committee on Trade and Industry, Minister Rob Davies again warned that online gambling is expressly illegal in South Africa, and this situation is unlikely to change. The minister revealed that government is liaising with financial institutions with effective financial blocking initiatives in mind, commenting: …

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Companies gear up for major Asian interactive gambling expo

17 Mar 2015

Many European online gambling suppliers will be setting up shop today (Tuesday March 17) at the Grand Hyatt resort in Macau as the annual iGaming Asia expo and conference opens, once again giving access to a rapidly  growing market. Live dealer provider Ezugi will be among them, and has promised the launch of a brand …

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High Court approves GTech IGT merger

16 Mar 2015

The High Court of England and Wales has approved the completion of the cross-border merger of GTECH with and into International Game Technology PLC, the company advised Monday. The merger will become effective 12.01a.m. on April 7, 2015 subject to the satisfaction or waiver of any remaining conditions set out in the original merger agreement.

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Gala Coral Group planning IPO?

16 Mar 2015

Rumours of Gala Coral Group’s supposed preparations to float on the stock market have resurfaced with the Financial Times reporting a planned flotation date in the fourth quarter of 2015. According to the publication, Gala Coral will gauge market conditions following May 2015’s UK General Election before forging ahead with plans. Financial Times reports Goldman …

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Beteasy and Crown resorts set to launch Crownbet this week

16 Mar 2015

Australian bookmaker BetEasy, led by former owner and chief executive officer of sportsbet.com.au Matthew Tripp, is expected to go live this week rebranded as CrownBet. Our readers will recall Crown Resorts International acquiring a 67 percent controlling interest in BetEasy late last year forming a joint venture (JV) which combined BetEasy’s online sports book business …

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Bwin launch Manchester United casino app

16 Mar 2015

bwin.party Digital Entertainment has expanded its relationship with Manchester United Football Club with the launch of the “bwin Manchester United Casino” app. “The App is the first of its kind and extends the popular range of services and products that the online gaming giant provides to United fans,” a Manchester United statement said. Developed by …

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Gala Coral Interactive in games deal with Odobo

16 Mar 2015

Gala Coral Interactive becomes Odobo’s latest games distribution partner following a deal announced this week. The duo of distribution deals involve Gala Coral’s Gala Casino and Gala Bingo brands giving customers access to an additional 50 titles. Ashley Lang, Founder and chief executive officer of Odobo, said, “The addition of Gala Casino and Gala Bingo …

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Nektan powers Kerching Casino

16 Mar 2015

B2B gaming platform provider Nektan PLC has signed its latest white label agreement with casino brand Kerching. Under the terms of the agreement, Kerching will utilise Nektan’s multi-channel ‘Evolve’ platform to offer real money gaming and services to its customer base. Kerching will migrate its existing desktop customers to Nektan’s platform, followed by mobile customers …

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Betfred in three-year World Snooker Championship sponsorhip

16 Mar 2015

UK bookmaker BetFred will be the title-sponsor for the World Snooker Championship for the next three-years. The 2015 championship will run from April 18 to May 4 at the Crucible Theatre in Sheffield and offers a top prize of GBP 300,000. According to the World Snooker organisers, 2014’s championship attracted an audience in excess of …

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