Gambling news - page 819

Online gambling banning attempts will return next year

13 Dec 2014

Online gambling banning attempts in the US through the Adelson-inspired Restoration of America’s Wire Act may have failed in this year’s Congressional session, but they will be back on the agenda in a Republican-controlled federal legislature next year…and the influential and veteran Nevada Senator Harry Reid will support the attempt in the hope that he …

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A word of advice on gambling advertising

13 Dec 2014

The Committee of Advertising Practice, a UK body that specialises in advertising guidance and works closely with the Advertising Standards Association, has published a review of the evidence on gambling advertising and its impact on young people and problem gambling behaviour, advising operators to take all reasonable steps to avoid targeting the under-aged. CAP says …

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New Jersey gambling numbers down again

13 Dec 2014

The New Jersey Division of Gaming Enforcement released the state’s gambling statistics for November 2014 Friday, presenting a set of figures that show another sizeable decline in year-on-year revenue. Total gaming win from the Atlantic City casino resorts – including discontinued operators – came in at $202.5 million in November 2014 compared to $225.7 million …

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Amaya shares plummet in wake of official visits

13 Dec 2014

Shares in the Montreal-based online gambling group Amaya Gaming Inc. plummeted 18 percent Friday after the company confirmed that Quebec’s securities regulator has launched an investigation into trading activity surrounding the $4.9 billion acquisition of PokerStars parent The Rational Group. Amaya’s offices were visited by members of the Royal Canadian Mounted Police and officials from …

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E-Processor tech exec sent to jail

13 Dec 2014

Online gambling industry observers interested in the sudden disappearance of e-processor Liberty Reserve last year now know what happened to the company following a media statement from the US Justice Department. The Department advised Friday that Mark Marmilev (35), the chief technical officer at Liberty Reserve, had been jailed for five years for conspiring to …

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Pulling out of Revel sale expensive for Brookfield

13 Dec 2014

Toronto-based Brookfield Asset Management may be ruing the day it won an auction for Atlantic City casino firm Revel Entertainment on a bid of $110 million. The company subsequently issued a statement that it was walking away from the deal after a dispute with bondholders over debt from the construction of the casino’s costly power …

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Adelson’s “bomb Iran” remark has expensive consequences

13 Dec 2014

A Bloomberg business news story this week has revealed the expensive consequences of a politically-charged comment made in 2013 by land casino multi-billionaire and Las Vegas Sands owner Sheldon Adelson. Bloomberg takes its readers back to February 2014, when it says a sophisticated hacking attack crippled thousands of servers across the Las Vegas Sands’ network, …

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Kenilworth Systems sells patents

13 Dec 2014

Kenilworth Systems, a low value stock, technology company that industry veterans will recall has been dabbling with online  and live dealer gambling projects for years without achieving too much success (see previous reports) has announced the sale of its patents-holding company to Interactive Systems Worldwide, Inc. Dan W. Snyder III, president and CEO of Kenilworth …

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Eurobet takes Net Entertainment content on board

13 Dec 2014

Out readers may recall that in March this year, Swedish online gambling software provider Net Entertainment signed an agreement with platform supplier GameAccount Network, which enables NetEnt to offer its PC and mobile content to a number of well-established operators in Italy. Friday saw the latest benefit to flow from that agreement as the software …

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Games development start-up releases first games to casinos

13 Dec 2014

The Czech Republic-based online gambling games developer Endorphina has released its first games to established online casinos and sportsbooks, and says that more content deals are lined up, including with Bitcoin denominated operations. The young Prague start-up revealed this week that its games are now available on www.parasino.com , www.90dakika.com and www.playfrank.com. The company is …

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E-processor SafeCharge in $8mill acquisition deal

13 Dec 2014

SafeCharge, the e-processing company brought to the London market earlier this year by Israeli online gambling and property billionaire Teddy Sagi, continued its relentless growth this week with the $8 million acquisition of payment service provider CreditGuard. The acquisition is expected to complete in January 2015. David Avgi, the CEO at SafeCharge, said Friday: “CreditGuard …

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Optimal payments directorate changes

12 Dec 2014

Internet payment company Optimal Payments plc (parent group of Neteller) announced directorate changes Friday, including the departure of group CFO Keith Butcher. Brian McArthur-Muscroft (51) will succeed Butcher as CFO and director of the company, with effect from 1 January 2015.  He has over 25 years’ experience of dealing with financial strategy, with the last …

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Gambling addict wins in legal action against Novomatic

12 Dec 2014

An Austrian punter who ran up debts of Euro 800,000 over a four year period at land-based slot machines operated by the Novomatic company has exploited his addiction to gambling to win a court case. The compulsive gambler won a Euro 440,000 judgment in a Viennese court this week after a psychiatric evaluation was presented …

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Online gambling DDoS attack also hammers Swedish broadband

12 Dec 2014

Swedish officials are playing their cards close to their chests on the identity of a major Swedish online gambling site that was the subject of massive Distributed Denial of Service attacks on Tuesday and Wednesday this week. The attacks were so powerful that much of Sweden’s fixed-line broadband became collateral damage, impacting the broadband connections …

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ComeOn internet casino group launches Betsoft content

12 Dec 2014

The ComeOn internet casino group, comprising ComeOn, Mobilbet, Suomikasino, Casinostugan and Folkeautomaten have all benefitted from a larger selection of games following the group’s deal this week with online gambling software provider BetSoft. The games now available include BetSoft’s Slots3 collection of 3D video slots and the ToGo line of mobile games, featuring favourites like …

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Surprise visit to Amaya Gaming by Canadian police and financial authorities

12 Dec 2014

Reports in the respected publication Forbes indicate that a posse of Canadian police and financial investigators made “unannounced” visits this week to the Montreal head office of the Amaya Gaming company, which recently paid $4.9 billion to acquire Pokerstars parent Rational Group (see previous  reports). Entities involved in the visits included the Royal Canadian Mounted …

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Scientific Games announces two new board members

11 Dec 2014

Scientific Games Corporation has announced the election of two new members to its Board of Directors. Richard M. Haddrill, former CEO of Bally Technologies, Inc. was elected as Executive Vice Chairman of the Board on December 4, 2014, and Judge Gabrielle K. McDonald was elected as a Director on October 30, 2014. “Scientific Games is …

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GBGA given the green light for judicial review

11 Dec 2014

The High Court in London has given the green light for the Gibraltar Betting and Gaming Association to proceed with a further judicial review against the UK government’s point-of-consumption tax legislation on internet gambling operators. Our readers will recall that earlier this year Mr Justice Green ruled against the trade association when it challenged the …

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Polish online casino operators want more action against intruders

11 Dec 2014

Legally operating online betting websites in Poland are pressing the Finance Ministry to beef up enforcement against unlicensed operators in the Polish market, claiming that nine out of ten online gambling transactions take place on the sites of unlicensed operators. Reporting on the issue, the publication Rzeczpospolita noted that over Euro 1.2 billion is wagered …

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Other religions support call to remove Lord Shiva slot

11 Dec 2014

The complaint by a senior Hindu religious spokesman against the Merkur slot machine featuring a theme based on the six-armed Hindu god Lord Shiva has been supported by spokespersons from other religious groups. Earlier this week Rajan Zed, the president of the Universal Society of Hinduism, called on Merkur’s parent Gausselmann Group to apologise for …

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New Mirrorball slot from Plumbee

11 Dec 2014

On Thursday Plumbee, the London-based social casino games company, released its much promoted adventure themed game The Epic Journey, a product developed by QuickSpin. The game joins the selection on the company’s flagship Mirrorball Slots Facebook app. With an advanced format which includes three sets of reels, a further three feature games, plus special charms …

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Gambling Commission overuled in UK Bingo issue

11 Dec 2014

The UK brewing company Greene King will soon trial commercial bingo games with its public house clients after winning a landmark appeal against the Gambling Commission. Greene King, which operates about 1,000 managed pubs, applied to the Commission earlier this year for a bingo operating licence to offer ‘linked bingo’ – where players can join …

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Live dealer agreement for Skill-On-Net

11 Dec 2014

Online gambling software supplier SkillOnNet has inked a deal to join forces with Evolution Gaming, a top provider of live dealer action over the internet. The agreement will see content, including Evolution’s recently launched Live Three Card Poker and award-winning Immersive Roulette, delivered on SkillOnNet’s own B2C casinos and via B2B white label services. Evolution’s …

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GameAccount and Spin Games in content deal

11 Dec 2014

Reno-based Spin Games has revealed that it has clinched a mobile games supply contract with GameAccount Network which will see GAN distribute Spin’s HTML5 games to US-regulated operators in New Jersey. The games package includes video slots, video poker and keno game variants, which will be delivered by Spin’s remote gaming server, itself integrated with …

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