The latest Q3-2014 results from the Swedish online casino operator Mr Green AB show that the company’s strategy to widen its penetration in Europe has resulted in less dependence on the Nordic market. During the first nine months of 2014 to end September, Mr Green continued to grow substantially, both in terms of sales and …
The Gala Coral Group has announced that it is merging its two online divisions, Gala Interactive and Coral Interactive, under a single management team. The combined business will also work more closely with the Coral retail division in order to take advantage of continued multi-channel growth, a statement from the group advises. The changes have …
The row over the questionable tactics used by FBI agents to gain entry to the luxury accommodations at Caesars Palace used by high stakes poker player Paul Phua and associates (see previous reports) took an interesting turn in a Las Vegas courtroom this week. It has been alleged that FBI agents intent on investigating illegal …
Jonas Odman, the former Bodog and Ongame online poker exec widely acknowledged as one of the pioneers of the recreational – anonymous player business model now well-established in the industry, is set to compete in the hopefully emerging legalised Californian online poker market with a new company branded Brown Marlin Gaming Technologies. Reporting on the …
International Game Technology has posted what will be its last FY report before being acquired by GTech (see previous reports), with total revenues declining but the interactive division maintaining growth. Fiscal 2014 results (compared to last year) show: * Total revenue fell 12 percent to $2.1 billion due to declines in product sales and gaming …
Czech betting company Fortuna Entertainment Group has posted a 21 percent rise in core profit in the first nine months of 2014, boosted by growing online betting, prompting it to raise its full-year outlook. The Reuters news agency reports that EBITDA was Euro 22 million, and the company now expects full-year EBITDA growth of 10 …
A new player at Miami Club online casino had a night most slot players only dream about shortly after he registered with the WGS-powered operation this week. CharlieM from North Carolina had only just opened his account when he began a remarkable winning streak that earned him a total of $125,000 overnight. Switching through the …
Sportech plc confirmed Thursday confirms that it intends to submit to the Court of Appeal an Application for Permission to Appeal, and Notice of Appeal, in relation to the VAT repayment claim on the “Spot the Ball” game (see previous reports). The company has until 2nd December 2014 to do so following its defeat in …
GTech has secured financing to the value of $2.6 billion through agreements with twenty international banks, allowing it to forge ahead with its International Game Technology acquisition (see previous reports). Geographically, the financing has come from banks in Europe (the lion’s share at 46 percent); 21 percent from Italy; 21 percent from the United States; …
Marketing flaws which saw Caesars Interactive Entertainment – the online division of Caesars Entertainment – allegedly soliciting over 250 self-excluded gamblers to its New Jersey online sites have resulted in a fine of $10,000 imposed on the company by the New Jersey Division of Gaming Enforcement. DGE spokesperson Kerry Langan told the Reuters news agency …
The publicly listed Swedish gambling group Cherry AB has posted its quarterly and 9 month interims to September 30, flagging increased revenues and a reduction in its losses, but heavy expenses due to big player wins and energetic marketing. Q3-2014 highlights include: * New turnover records across all business areas; * Group revenue up by …
The extensive publicity flowing from the nationwide crackdown on illegal online gambling in Malaysia (see previous reports) has prompted online gambling software provider Playtech plc to issue a statement on its share price. The statement notes the recent movement in the company’s share price following “…speculation in relation to developments in the Malaysian market”, and …
The suspended chair of the South African National Gambling Board, Linda de Vries, has shrugged off claims of high level corruption, maladministration, wasteful expenditure, intimidation and the destruction of evidence which resulted in the Minister for Trade and Industry suspending the entire board almost two months ago and ordering a full forensic investigation (see previous …
Bet365’s continued penetration of the Australian market is to be led by the experienced former CEO of Sportingbet Australia and Gaming plc, and industry consultant, Daniel Moran (46). Bet365 has been on the scene Downunder for the past two years, having invested over A$75 million in the project, and employs a staff of around 200 …
The Swedish online gambling software provider Net Entertainment NE AB has received the decision from the Administrative Court regarding its dispute with the Swedish Tax Agency (see previous reports). The Administrative Court has ruled in favour of the Tax Agency’s decision to impose additional tax for revenues in the business carried out in subsidiaries in …
The Dublin-based online sports betting operator Brightbet.com has augmented its punter offering with a new online casino featuring games from top provider Microgaming. Brightbet players will be able to use their existing Brightbet wallet on the new casino. The Irish bookmaker’s site is operated by mobile social gaming platform provider Dedsert under a Republic of …
Development on a new contender in the online and mobile social casino vertical will soon see the launch of Pink Martini Casino, an enterprise owned by Quebec City-based Black Tie Ventures and targeted primarily on the female gender. Through two rounds of financing Black Tie is financially well supported, and work is well advanced on …
Uninformed and unproved claims that online gambling has a greater propensity to create problem gamblers have again been debunked by scientific research, this time in a study by the University of Buffalo Research Institute on Addictions. Several medical journals reported on the study this week, quoting the research conclusions reached by John W. Welte, PhD, …
The US mid-term elections this week have resulted in some interesting changes to the political landscape in the United States, which will in future undoubtedly influence the ongoing debate on legalisation or prohibition. It’s early days yet, but some of the changes worth watching include: * Massachusetts, where the decidedly pro state Treasurer Steve Grossman …
A new online casino branded Casino Sahara.com completed beta testing this week and has now launched fully under Curacao licensing. Owned by WL Services Ltd (it is believed with an Armenian owner) the new enterprise offers live dealer, mobile and onlin casino action with software from quality suppliers like Microgaming, Net Entertainment and BetSoft, with …
New Jersey’s Gaming Enforcement Division has authorised California Indian tribe Pala Interactive’s partnership with the Borgata to offer internet gambling reports the Miami Herald. Pala Interactive is headed up by former bwin.party co-chief executive Jim Ryan and the authorisation marks the first Indian tribe to operate online gambling in the State. Perhaps not coincidental is …
Renowned interactive entertainment producer Atari has announced the launch of its real-money-play Atari Casino in partnership with Isle-of-Man based operator PariPlay across a variety of platforms. Despite a company statement inviting players access to iconic Atari titles such as Asteroids, Star Raiders, Centipede, Pong, Keno, slots and scratch cards at the new destination, it is …
Bulgaria’s Sofia Court has ordered ISP restrictions to access of the latest ten websites to be added to the regulators black list. Latest additions comprise Midas Entertainment B.V.-owned casinomidas.com and casinomidasbulgaria.com, Casino Rewards Group-owned vegasslotcasino.com, villento.com, platinobet.com, wintingo.com, Centurion Bet-owned bet1128.com, Radon BV-owned vbet.com, favbet.com and roobet.com. Following suit, Latvia’s Lotteries and Gambling Supervision Inspection …
A range of High 5 Games slot titles launched this week via the GameSys UK platform for real-money play in the UK and Europe. Gamesys is High 5 Games’ first global iGaming partner with direct access to its VAULT remote game server. Titles launched this week include “Golden Knight” at Virgin Casino and JackpotJoy Sweden, …