Gambling news - page 827

Interwetten in content supply deal with iSoftBet

2 Dec 2014

iSoftBet has signed its latest branded and mobile content supply deal with prominent sports betting and online gaming firm Interwetten. The games will be launched under a recently added online casino tab at Interwetten marking an expansion to the operator’s usual sports betting focused service. “We’re proud to have been chosen to work with such …

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RGA weighs in on UK POC implementation

2 Dec 2014

The implementation today of the new place of consumption tax levied by the UK Government on online gambling operators elicited a response from the Remote Gaming Association (RGA) who said: “The economic impact of this change on the industry is significant”. Operators, who are required to hold a UK Gambling Commission licence if accepting business …

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EFBet clinches another Bulgarian football sponsorship

2 Dec 2014

Top Bulgarian football club Levski Sofia has agreed a sponsorship deal with EFBet. EFBet currently sponsors many of the top Bulgarian football teams including CSKA Sofia, Lokomotiv Sofia, Slavia, Lokomotiv Plovdiv and Botev Plovdiv. Chief executive officer of Levski, Konstantin Bazhdekov said: “For the moment, our contract is short, but we are currently calling for …

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Betfred closes Australian operation

2 Dec 2014

Betfred’s Australian online customers were met with a landing page message at Betfred.com.au today announcing the operation’s closure after just six months of business. The message reads:  “We are sorry to announce that from Monday 1st December 2014 our Australian operation will cease trading. All monies will be returned to the card registered to your …

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Betconstruct awarded AGCC licence

2 Dec 2014

BetConstruct has been awarded a Category 2 License by the Alderney Gambling Control Commission (AGCC) enabling the company to offer betting solutions to AGCC-licensed operators. “With over 80 clients across several continents, BetConstruct is fully committed to solidifying our global presence, and we believe that being licensed in AGCC is recognition of the strength of …

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Playtech appoint deputy chairperson

2 Dec 2014

Hilary Stewart-Jones has been appointed to the Playtech Board as Deputy-Chairman, effective immediately. Stewart-Jones has served as Playtech’s chair of the Remuneration Committee and of the Risk and Compliance Committee since October 2013.  She also sat on the Audit Committee and Nominations Committee. She is considered to be an international expert in Gambling law and …

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Macau GDP dips for the first time in five years

1 Dec 2014

The latest figures from the Macau Census and Statistics Service show a worrying 2.1 percent year-on-year decline in the island’s quarterly gross domestic product (GDP); the first dip in five years. Officials attribute the dip to a slump in gaming revenues, with the export of gaming services widening to 12.3 percent and other tourism services …

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Macau gambling revenue drops for sixth consecutive month

1 Dec 2014

Macau gaming statistics for November have confirmed analysts’ fears that for the sixth consecutive month the island gambling haven has delivered declining revenues. Numbers from the Macau Gaming Inspection and Coordination Bureau show a decline of 19.6 percent in revenues compared to the same period a year ago as China’s pervasive war on corruption and …

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Casinos lead in a slower Kiwi gambling market

1 Dec 2014

In what is claimed to be the largest study of New Zealand gambling habits over the past 15 years, the Auckland University of Technology (AUT) reports that the number of gamblers has declined, but those that remain are spending more…and they favour casino and sports betting action over racing and lotteries. The study included a …

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PMU joins sports integrity body

1 Dec 2014

The European Sports Security Association (ESSA) has announced that the major French online and land gambling group Pari Mutuel Urbain (PMU) has joined its ranks and will take part in its efforts to eliminate corruption in international sport. ESSA secretary general Khalid Ali said that the capability of his organisation in providing intelligence on irregular …

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Aussie province urged to more heavily tax online bookies

30 Nov 2014

Australian Senator Nick Xenophon is now well known, if hardly popular, for his persistently anti-online gambling opinions and campaigns Downunder, and over the weekend he made the media headlines once again with a recommendation that the provincial government of the Northern Territory “squeeze more money” out of online bookmakers based in Darwin. Xenophon claims that …

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Spanish debate on the status of virtual currencies

30 Nov 2014

Interesting legal questions around the use of cybercurrencies like Bitcoin by online gambling companies have been raised in Spain recently, with the Spanish Treasury advising a legal firm that providing exclusive cybercurrency services still constitutes gambling, and operators must have a licence. The issue was raised by the local law firm Abanlex, which asked the …

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Intertain calms market speculation on another acquisition

30 Nov 2014

The Intertain online gambling group in Toronto, Canada has hit the acquisition headlines more than most in recent years, so it is not surprising that there is a tendency to speculatively link the company to any industry rumour regarding major deals of this nature. In the past two years the rapidly expanding group has picked …

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Virtual football operator cuts rea-money betting

29 Nov 2014

EA Arena, a real-money gambling hub for virtual football fans, discontinues the real money betting aspect of its offering this month and will in future focus on developing “…new, engaging services for our players.” The closure has been efficiently communicated to Arena and partner World Gaming (Virgin) players with notifications starting earlier this year, when …

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Dutch and Malta gambling regulators to collaborate

29 Nov 2014

The Dutch online gambling regulator Kansspelautoriteit has signed a collaboration pact with Malta’s Lotteries and Gaming Authority as it continues to set up relationships ahead of the introduction of regulated online gambling in the Netherlands next year (see previous reports). The chief Dutch regulator, Marja Appelman, characterised the initiative as an important step in the …

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New games for Bet365

28 Nov 2014

The Games Company’s fifth and sixth game releases, both 5 reel 50 pay-line slots, have been taken on board by major UK online casino operator Bet365. Titled KGB Bears and Light Racer, the new offerings have widely differing themes; KGB Bears is an amusing animal-oriented take on the infamous Cold War spying apparatus in the …

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Bulgarian blacklist now 313 strong

28 Nov 2014

The Bulgarian State Commission on Gambling has announced that major Gibraltar-based online gambling companies 32Red and Stan James are among the latest additions to its blacklist of operators accessing the Bulgarian market without a local licence. The latest round of domains added to the list brings its total content to 313 websites. Up until last …

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Ladbrokes looking for a new PR agency

28 Nov 2014

Online and land gambling group Ladbrokes plc has invited top PR agencies to pitch for its reportedly considerable corporate communications and public affairs account. The company has hired pitch specialists Recommended Agency Register (RAR) to assist and guide the selection process, and it is understood that a short list of suitable candidates has been drawn …

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Skrill and Ukash in acquisition deal

28 Nov 2014

The e-cash processing sector was humming late Thursday as news broke that online payment processor Skrill (formerly Moneybookers) has signed a deal to acquire the UK pre-paid cash voucher provider Ukash. The consideration agreed for the acquisition has not been disclosed, and regulatory approval is still awaited. According to a Skrill spokesman, the addition of …

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A cautionary tale on using Facebook

28 Nov 2014

Stories abound regarding the consequences of abusing the use of social media, but one this week has poker players talking, involving as it does expensive defamation penalties totalling A$340,000 levied on four Australian poker fans. It all started with a trip for five Aussie poker players to a major poker tournament in Las Vegas back …

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Florida lawmakers set to debate online lottery ticket sales

28 Nov 2014

Taking state lottery ticket sales online in Florida was always going to be a fiercely contested move, but Democrat Senator Gwen Margolis has bitten the bullet and introduced a bill to the state Senate proposing just that. If approved, Margolis’ SB120 could make Florida the eighth US state to take its state lottery ticket sales …

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China lottery sales up again

28 Nov 2014

The popularity of lottery action in China shows no sign of waning, with October lottery sales again rising year-on-year, up 20.3 percent to the equivalent of around $5.34 billion, according to official Chinese figures from the country’s Ministry of Finance. Sports Lottery betting again led the charge, with sales up 27.9 percent to 14.95 billion …

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New industry numbers from The UK Gambling Commission

27 Nov 2014

The latest industry numbers from the British Gambling Commission show that the industry is alive and well in the United Kingdom, generating Gross Gambling Yield of GBP 6.8 billion in the period April 2013 to March 2014… an increase of 6 percent on the corresponding figure for April 2012 to March 2013. Other interesting take-outs …

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EveryMatrix to provide platform for social sports bettin firm

27 Nov 2014

Sports betting technology provider EveryMatrix has announced that it is to provide a sports betting platform for established Australian sports betting white label supplier and operator Favourit. The Favourit platform will be available in multiple languages and in both desktop and mobile versions for HTML5 and iOS devices. Toby Simmons, CEO at Favourit, said this …

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