Perhaps in part motivated by the need for a more cohesive approach in reacting to the public furore over Fixed Odds Betting Machines this year (see previous reports), two industry veterans have formed a new retail betting business interest body. Former BACTA National President Nick Harding and experienced industry exec Peter Hannibal are the men …
Tom Waterhouse, the highly experienced chief executive and part-owner of online bookmaking group Tom Waterhouse.com prior to its acquisition by William Hill plc in 2012, has been appointed by the UK gambling group to head up its Australian interests, which includes subsidiaries Sportingbet, Centrebet and Tom Waterhouse.com. The appointment sees Waterhouse taking over from James …
Belarus, a relatively small nation that was once a part of the old USSR, is reportedly mulling the regulation, licensing and taxation of online gambling. The tax ministry has drafted a proposal for parliamentarians to debate that envisages a government online gambling portal that would provide users with access to licensed and regulated online operators …
The online operations of the Betfred betting group saw the departure of two top executives this week when digital m.d. Chris Sheffield and head of online marketing Adele Lawton said adieu. The reasons for their departure are not clear, but Betfred has engaged an executive search company to recruit replacements, and is restructuring its online …
In the aftermath of the World Cup football in Brazil, media reports around the world are beginning to give an indication of how massive the betting bonanza generated by the once every four years event really was. Australian media claim that punters Downunder wagered around A$ 287 million with the five largest betting operators, with …
When it comes to football, the Stoke-based online gambling group Bet365 is well known as a generous and loyal supporter of Stoke City FC, but the company has not confined its sponsorship to one club. This week Bet365 inked a two year sponsorship deal with English Premier League football club West Bromwich Albion, agreeing to …
The Danish online bookmaker Bet25 has signed a comprehensive sponsorship deal with Danish football club Brøndby IF, embracing shirt sponsorship, match streaming via the Bet25 website, youth team broadcasts, a stadium visual presence and wifi installation at the team’s home ground. The deal comes into effect immediately, and Bet25 has the option to extend over …
The Swedish online gambling games developer Yggdrasil Gaming is having a good week, announcing another content deal Wednesday, this one with CO-Gaming, operators of multi-vertical online and mobile gaming site Comeon.com. Hans Martin Nakkim, a spokesman for CO-Gaming, said that the agreement with Yggdrasil would bring fresh content and innovative PC and mobile games to …
Secure Trading and First Data Corporation have teamed up to offer a new payment mechanism to process online gambling transactions in U.S. states where the activity has been legalised. The partnership brings together an easy-to-use, general purpose reloadable prepaid offering, combining the compliance tools of the ST-1 solution and First Data’s PayLucky Solutions. The result …
The Louisville, Kentucky newspaper the Courier-Journal has revealed interesting developments by the major casino and horse racing group Churchill Downs as it pursues a preparation strategy aimed at entering the online gambling business. Much of the lengthy article’s information has been gleaned from court filings in litigation between Churchill Downs and Nicholas Ribis’ NLR Entertainment …
A US-Chinese partnership comprising China-based ATM producer BetOcean and Atlas ATS, a New York exchange technology provider, has ambitions in the Bitcoin virtual currency sector, according to reports in Asian media this week. Trading as BitOcean Japan, the partnership wants to start a new Bitcoin exchange, and is intent on acquiring the failed Mt Gox …
The Italian lottery and online gambling content provider GTech SpA has announced that it has reached an acquisition agreement with US casino equipment and games supplier International Game Technology, ending weeks of industry speculation that such a deal was being negotiated. GTech will pay $4.7 billion in cash and stock for the acquisition, but including …
One of the stand-out features of reportage around the World Cup football this year has been the barrage of illegal gambling arrest reports emanating from police forces, particular those in the Pacific-Asia region. Massive anti-gambling drives have taken place in most countries, but perhaps more notably in Malaysia, Singapore, Thailand and China, which have collectively …
FSB Technology (UK) Ltd has signed terms with Sporting Solutions to integrate its data services in order to create what it claims is the industry’s most comprehensive managed sports betting service. New or existing FSB Tech customers will now benefit from Sporting Solutions’ in-play data services pre-configured and fully integrated into its sportsbook platform. The …
Macau may be blaming the recently concluded football World Cup in Brazil for its unusually slow figures in June, but at least one online gambling group has enjoyed a contrary experience, with the spectacular football festival boosting its second quarter revenues and brightening up the half year numbers. This week, UK-listed online gaming operator GVC …
Greentube, a gambling developer and provider for internet, mobile, PC and iTV in the Novomatic group, has announced the successful launch of its first consumer-facing, US-based social game, Magic Key Casino. Built in collaboration with BlueBat Games, Magic Key Casino is available on Facebook, and includes the benefits of Greentube’s long expertise in developing games …
The online and interactive television betting company NetPlay TV plc has posted a strong set of second quarter result and a trading update, reporting: * 38 percent increase in new depositing players to 20,607 (Q2 2013: 14,906) * 33 percent increase in quarterly active depositing players to 37,691 (Q2 2012: 28,261) * 5 percent increase …
The European online gambling group Bwin.Party Digital Entertainment posted its pre-close trading update Monday, highlighting the following: * Revenue performance in the three months to 30 June mixed with y-o-y growth in sports, but a soft performance in poker and casino, and bingo; * Since the end of June, volumes and gross win margins from …
A top internet and live poker pro, Paul Phua, is among the 8 people from Malaysia, China and Hong Kong arraigned in Las Vegas Monday on illegal online sports betting allegations following a police investigation into World Cup football wagering. Officials claim that the ring, which was raided in Las Vegas on July 9, generated …
Atlantic City land casino operators will be encouraged by the news that revenues in June, assisted by a $9.5 million contribution from online gambling activity, rose 4 percent year-on-year. The news lightened the mood in the wake of Monday’s issue of pink slips to 1,153 Trump Plaza workers as that land and online casino becomes …
The timelines set for Britain’s change to a new point-of-consumption online gambling licensing, regulation and taxation regime are converging swiftly, with unofficial comments from insiders suggesting that some operators are already planning to regionalise their offers by closing some sites and transferring players to alternative online venues appropriate for other jurisdictions. The idea of additional …
The Macau regional government has continued to profit handsomely from the consistently high tax income received from the Chinese island’s land gambling activity, rising 16 percent in the first half to MOP71.03 billion ($8.9 billion), according to Financial Services Bureau figures this week. Gambling taxes have already reached some 60 percent of the government’s target …
Shares in eBet have been suspended from trading in Australia pending a “price sensitive” announcement; the company is engaged in the business of electronic gaming machine systems, wagering and online gaming technologies and distributes WMS equipment. In a filing with the Australian Stock Exchange, eBet requested the suspension to allow an as yet undetailed share …
The French online and land gambling group Pari Mutuel Urbain has reported its H1-2014 results, with GGR at Euro 1.255 billion – down 2 percent mainly due to a decline in horse race betting and to a lesser degree online poker. The group reported turnover down 5 percent at Euro 5.1 billion, noting that sports …