Gambling news - page 842

Illegal gambling in China reached at least $3 billion, say police

14 Jul 2014

With the football World Cup now concluded, Chinese police have issued a broad national figure on just how much Chinese punters wagered on the illegal sites that enforcement agency knew about and dismantled. A series of major police actions hammered several big illegal betting enterprises, with records showing that up to $3 billion in wagers …

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Operators finding it hard to profit in Delaware

14 Jul 2014

Delaware’s relatively new online gambling legalisation regulations stipulate that the state gets all of the first $3.75 million in revenue each operator generates, making it hard to prosper in a market that is currently delivering dismal results below initial expectations. The latest figures from the First State show that online gambling has fallen well short …

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Betfred changes advertising agency

14 Jul 2014

The marketing publication Campagn Live reports that the GBP 5 million Betfred advertising account has been won by the Brothers and Sisters agency after a competitive pitch involving the previous account holder, BJL. Betfred and Brothers and Sisters will start working together immediately to produce a multi-channel national advertising campaign which will launch later this …

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Gaming Realms achieves Alderney licensing

14 Jul 2014

London-based and AIM-listed online gaming group Gaming Realms plc has announced that subsidiary Bear Group Limited has been awarded a category 1 and category 2 e-gaming licence by the Alderney Gambling Control Commission in the Channel Islands. The announcement triggered an almost 8 percent rise in the company’s share price. Gaming Realms chief executive Patrick …

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Online gambling trade associations support E.U. consumer protection

14 Jul 2014

The influential online gambling trade body European Gaming and Betting Association says it fully endorses the European Commission’s recommendation for the common protection of consumers of online gambling services in the EU. The recommendations contain a series of concrete and practical measures that allow Member States to implement a common high level of consumer protection …

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New Yggdrasil director to be based in Gibraltar

14 Jul 2014

The Swedish online casino games developer Yggdrasil Gaming has expanded its senior team with the appointment of experienced online gaming expert Ulf Norder. Norder joins the company today as Business Development Director and will be based in Gibraltar, where the company has opened a new office following demand for casino and lottery games content from …

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Plumbee launches two new games on Facebook

14 Jul 2014

Plumbee, the London-based social casino provider has announced two launches in its flagship Mirrorball Slots game on Facebook. The first launch is a new game from development studio, QuickSpin and titled King Colossus. Set in a world full of treasures, King Colossus is the first game on Mirrorball Slots to feature a major reel symbol …

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Bad news for Atlantic City

13 Jul 2014

Atlantic City’s crumbling land casino market disintegrated further Saturday, when directors of the Trump Plaza casino said they expect to shut the failing enterprise down in mid-September, although the decision is not yet final. The casino is also active in the New Jersey legalised online gambling market, partnered by British betting group Betfair. How a …

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Online gambling a family affair

13 Jul 2014

One of the trivia stories on online gambling in the United States this week names Sheldon Adelson’s latest lobbyist, Connie Mack of Mack Strategies and his former wife, Mary Bono Mack…both former members of Congress but now embroiled on opposite sides of the online gambling debate in America. The duo, only the third married couple …

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Malta challenge council of Europe convention

12 Jul 2014

The publication Malta Today reports that the parliamentary secretary for competitiveness and economic growth, Jose Herrera, has announced that Malta is to seek a European Court of Justice ruling following the Council of Europe’s draft convention on sports competitions, claiming that its definition of illegal betting in the draft convention “hinders the free movement of …

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Greek authorities block 23 illegal gambling websites

12 Jul 2014

The Greek newspaper Ekathemerini reports that the Greek police cyber-crime unit has ordered the ISP blocking of 23 international gambling websites that it deems to be illegal. The websites have not been identified by the police but are believed to be active in taking high volumes of World Cup football bets, activity that has triggered …

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Dutch council of ministers finalises online gambling tax rate

12 Jul 2014

The efforts of land gambling interests to have an equal 29 percent tax rate imposed on the soon-to-be-legalised online gambling industry were rejected Friday when the Dutch Council of Ministers confirmed that the tax rate for online gambling operators licensed in the newly liberated market will be 20 percent. Taking some of the gilt off …

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Koreans arrested for online gambling in Philippines

12 Jul 2014

Philippines police in Angeles City have reported taking down a Korean online gambling operation in a city suburb, arresting four Koreans and seizing 8 computers and documentary evidence. Armed with a search warrant from a regional trial judge, the police raiding party moved on a private house the Koreans were renting in a subdivision at …

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Update on Harvard problem gambling study

12 Jul 2014

A July 2014 update to the long-running and on-going study of problem gambling conducted by the Harvard Medical School and funded by the Bwin.Party online gambling group shows that little has changed in the scientific assessment that online gambling is not more addictive that other forms, and therefore does not present the serious danger to …

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More in-play betting for Supabets

11 Jul 2014

Burgeoning African online and retail sports betting operator Supabets has taken the Betradar live betting service on board, expanding its 24/7 live betting offer to 15,000 live matches a month on 16 different sports. The deal with Betradar includes the integration of the latter’s Betradar Live Channel in 60 retail betting shops across Africa. Supabets’ …

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Top IT post for Will Hill and Ladbrokes veteran

11 Jul 2014

Colin Cole-Johnson, IT expert and former executive with both the William Hill and Ladbrokes groups, is making a shrewd career move in joining Rank Group plc come September this year. As director of digital and cross-channel services he will report directly to Rank’s chief executive Henry Birch on all matters pertaining to Rank’s extensive online …

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New line of social slots from Big Fish

11 Jul 2014

Social games developer and operator Big Fish Gaming has launched a new line of mobile slots titled Luxury Slots as it expands its mobile product offering on the Big Fish Casino app. The Seattle company claims the new line represents an exciting “new breed” of high-end online and mobile slots, with the first example, the …

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Swedish games developer gets ne content from Thunderkick

11 Jul 2014

Swedish games supplier NYX Gaming has extended its games inventory following an expanded deal with Stockholm-based developer Thunderkick. Thunderkick’s complete games inventory will be made available through NYX Gaming’s OGS platform, giving players at its clients a wider and more varied choice, said Sven Grip, chief executive of the company. “We are happy to be …

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World Cup football good to William Hill

11 Jul 2014

Brit online and land gambling group William Hill has beaten its GBP 200 million pound target for betting on the World Cup football despite an early English exit from the soccer tournament, the Reuters news agency reports, quoting company officials who told the news agency that the betting company had recorded more than twice the …

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Rumours persist on sale of IGT

11 Jul 2014

Rumours of a GTech acquisition offer worth $4 billion for gambling equipment and software manufacturer International Game Technology have surfaced again this week, although neither company have any further comment to make beyond their rather bland announcement last month that they were in talks (see previous reports). IGT put itself up for sale June 9 …

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Realistic Games inks deal with pocketfruity.com

11 Jul 2014

The British online gambling games developer Realistic Games has signed a deal to deliver content to online casino PocketFruity.com. The Oxfordshire-based company is the first third party provider to integrate games onto the site, which is owned by Gaming Realms plc. The collaboration will see a roll-out of Realistic’s complete portfolio of slot and table …

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Bet365 reports significant rise in profits

11 Jul 2014

The British online gambling giant bet365 is going from strength to strength after banking record profits and employing 300 hundred more staff in the last 12 months, reports The Sentinel newspaper. Employing a total of 2,686 staff, the group is scheduled to move into a new purpose-built GBP 30 million headquarters in Stoke-on-Trent in 2016 …

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Social gambling revenues on the rise

11 Jul 2014

The latest Social Tracker Report from the respected and independent Eilers Research organisation shows that most players are using mobile to access social gaming, and predicts that the market will deliver revenues of around $2.7 billion this year. Eilers reports that social gaming revenue reached $663. million in Q2 this year, a rise of just …

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Net Entertainment’s Malta chief heading for the U.S.A.

11 Jul 2014

Swedish online gambling software developer Net Entertainment has announced that its managing director in Malta, Björn Krantz, has been selected to lead the company’s expansion into North America. NetEnt, quoted on Nasdaq OMX Stockholm Mid Cap has been closely monitoring and evaluating the developments in North America, and the directors now believe the prerequisites and …

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