The Ugandan National Lotteries Board (NLB) has passed a decree that requires gambling firms to pay a security bond of USH 200 Million (US$75,616.00) to cover customer payments should those operators fail to meet their obligations. “Most of these sports betting firms are owned by foreigners,” Manzi Tumubweinee, chairman of the NLB inimitably said. “After …
Intralot has reportedly approached Greece’s Supreme Administrative Court to block the sale of the sole Greek horse race betting licence awarded to betting firm OPAP, unidentified court officials told Reuters Wednesday. The Hellenic Republic Asset Development Fund (HRADF) named Intralot the sole bidder on a tender for the sale of the exclusive 20-year horse race …
The $2.4 Billion Revel Casino in Atlantic City was sold to Brookfield Asset Management at auction for $110 million earlier this week. “It’s an opportunity to acquire the newest and highest-quality asset in Atlantic City at an attractive basis,” said Richard B. Clark, chief executive of Brookfield Property Partners, an affiliate of the buyer. “We’ll …
Quickfire, powered by Microgaming, has added Betdigital to its stable of development partners. Under the terms of the partnership, Quickfire will launch Betdigital land-based titles online, in both Flash and HTML5. Betdigital, founded in 2011, develops quality gaming content for online, mobile, interactive TV and land-based gaming platforms. Popular Betdigital titles include Superpots Bar-X™, Caesars …
ACCC APPROVES TABCORP ACQUISITION OF ACTTAB (Update) Consolidation rather than direct competitive overlap in retail outlets says Commission The Australian Competition and Consumer Commission (ACCC) has given the go ahead for Tabcorp Group’s proposed acquisition of ACTTAB following a review to determine fair competition. “The ACCC considered that ACTTAB has not been a vigorous competitor …
As part of the American Gaming Association’s (AGA) “Get to Know Gaming” campaign, results of a new study conducted by Oxford Economics were released examining the broader economic impact the gaming industry, as a whole, has on the US economy. The report covers the effect commercial casinos and manufacturers and Native American casinos have on …
According to Aiseiri, an organisation that run two addiction rehabilitation centers in Ireland, one in four admissions for gambling addictions are caused by online gambling. The report compiled by Paul Mullins, covering three years of admissions data, claims an estimated 25 percent hike in gambling problem consultations since the increase in popularity of online gambling. …
Finnish-based gaming platfom provider Finnplay will integrate BetConstruct’s latest sportsbook technology. “Sports betting continues to be one of the fastest growing products in the online gambling market and is proving to be the core to the success of the betting and gaming industry,” commented Martin Prantner, chief executive of Finnplay. Suren Khachatryan, chief executive of …
The Senet Group comprising William Hill, Ladbrokes, Paddy Power and Coral are standing by their recently launched voluntary self-regulated responsible advertising collaboration by committing to a voluntary ban on free bets and free money advertising on television before 21h00. The commitment follows concerns voiced by the English Premier League (EPL) regarding the volume of such …
The State Gambling Commission (SGC) has set its sights on the availability of free gambling apps saying there is not enough control over minors’ access. The SGC wants to create a blacklist similar to its already extensive advisory on operators offering services in that market without a Bulgaria-issued licence. Peter Naessens of the SGC believes …
Malta-based 1Click Games, a white-label solution provider, has launched a new gaming site at VIP Stakes.com. The website, owned and operated by Curacao-licenced HighWeb Ventures N.V., offers slots, table games, video poker, arcade games, jackpot games, live casino, sports betting and live betting on desktop and mobile. The website is professional in design and simple …
European sports betting operator NetBet has agreed a sponsorship partnership with French Ligue 1 football club OGC Nice. Under the terms of the deal which was brokered by sports media agency SportFive, the NetBet brand will appear on the OGC Nice club jersey. NetBet will additionally have branding opportunities in the club’s Allianz Riviera Stadium …
The United States Department of Justice (DoJ) is backing major sports leagues and the NCAA in its attempt to block sports betting in New Jersey effectively backtracking on its previous stance (see previous reports). In a brief filed late Tuesday, the DoJ said any repeal on the state law prohibition for casino and racetrack sports …
Social casino firm Win, backed by bwin.party, has launched its social sports betting game “Sportster – Bet and Win” on Facebook. Players place bets using virtual currency, purchased with real money, on both virtual and live soccer matches played in the Spanish Primera Division, English Premier League, Germany’s Bundesliga and others. The game was launched …
Geonomics, formerly Roboreus, is taking another punt at the UK market with the launch of its “all new” geolocation lottery. Then named Roboreus, the company launched its Geosweep product into the UK market in 2010, followed by the Canadian market in partnership with the Atlantic Lottery Corporation with little success. Geonomics “refined” GeoLotto product offers …
Greece’s Council of State rejected a drawn out challenge by potential competitors Tuesday ruling OPAP’s gambling monopoly as legal. The William Hill, StanleyBet and Sportingbet challenge, ongoing since 2004, questioned the legality of the monopoly saying EU rules on freedom of services were being flouted. Last year the Court of Justice for the European Union …
“Pyrons”, the Greek world for Fire, is a new slot release from Yggdrasil Gaming featuring six regular symbols that win if three or more are lined up in sequence on a payline. Instead of normal spinning reels, the symbols drop down in a random fashion. Exploding symbols then make the winning symbols burst and disappear, …
As expected, four major professional sports leagues and the NCAA have filed a motion in US Federal court to block New Jersey Governor Chris Christie’s move towards allowing sports betting at casinos and racetracks in the State (see previous reports). The filing was presented in terms of U.S. District Judge Michael Shipp’s order that all …
On the back of disappointing results (see previous report), GameAccount Network (GAN) has announced the commercial simulated gaming launch for a previously unnamed US casino operator. GAN has launched a website for Yonkers Racing Corp-owned Empire City Casino (ECC) of New York offering patrons titles from Konami, Ainsworth, Incredible Technologies and Multimedia Games. The terrestrial …
FC Bayern Basketball (FCBB) have extended their sponsorship deal with long term “Premium Partner” bwin for a further two years until 2016. bwin have been associated with the club since FC Bayern were promoted to the Basketball-Bundesliga in 2011. “bwin have been with us since the start. This level of continuity amongst out sponsors is …
UK privately-owned gambling firm bet365 will move its remote gambling operations to Gibraltar following a structural review. The company said Gibraltar will become its licencing hub with the company operating its international betting businesses under the licences granted by the Government of Gibraltar, while still retaining a UK presence in Stoke-on-Trent. As one of the …
West Bromwich Albion (West Brom) has named Freebets.com its Official Digital Betting Partner for the next two seasons. Freebets will sponsor the Club’s East Stand and will be provided a range of branding opportunities, significant advertising and branding presence at The Hawthorns on match days, access to hospitality facilities and an online presence on the …
Ian Hogg, former Sportech chief operating officer, has been named chairman of equity crowdfunding and crowdsourcing platform for the gambling industry, GamCrowd.com. Chris North, chief executive officer of GamCrowd, said: “I am thrilled that Ian has taken up this role. He bought into the GamCrowd concept from day one as an investor and his appointment …
GameAccount Network plc (GAN) has entered into a Simulated Gaming partnership with a consortium of six land-based Australian community clubs following comprehensive discussions with Australian regulators. The names of the “major” operators remains under embargo prior to commercial launch which it expects to take place during the first quarter of 2015, GAN said in a …