Gambling news - page 850

Online fantasy football finds the Isle Of Man

4 Sep 2014

Former eBay, Amazon and Time Warner executive and erstwhile head opf digital at AS Roma football club, Shergul Arshad, has entered the burgeoning fantasy sports sector with his Isle of Man-based company Mondogoal. The platform provides fantasy football fans with opportunities to compete and win through daily services, echoing the success achieved in the United …

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Land operators warned on underage gambling problems

4 Sep 2014

The UK Gambling Commission has again warned land gambling operations in Britain to tighten up their retail shop control systems against underage betting. The new warning comes after a series of anonymous test probes by the Commission and local authorities, a process which was carried out last year with similar results. The Commission reported on …

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New Czech-focused online casino

4 Sep 2014

Bohemia Casino.com is the latest arrival on the Czech internet gambling scene, featuring a wide range of games from Net Entertainment and Play’nGo. The enterprise is operated by Plus One Dreams Ltd, a company licensed by the LGA in Malta.

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Nevada Gambling Control Board approves Las Vegas data centre

4 Sep 2014

Las Vegas-based Cobalt Data Centers has been licensed by the Nevada Gaming Control Board to host gaming operations embracing odds, bets and other regulated gaming at its Cheyenne Data Center. The company is now a registered hosting centre in Nevada, meaning that operators in the state can entrust mission-critical gaming applications, including authorised wagering systems …

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Virginia police official against restoration of the wire act

4 Sep 2014

Kevin Carroll, the president of the Fraternal Order of Police of Virginia professional association, is the latest influential US personality to object to Adelson-funded political attempts at federal level to ban most forms of online gambling. In a letter to the Richmond Times-Dispatch, Carroll references the Restoration of the American Wire Act proposed to Congress …

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Borneo police destroy gambling computers

4 Sep 2014

The destruction this week of 385 computer sets and other equipment seized in online gambling raids by the police in Borneo once again highlights the energy that enforcement agencies in the region are devoting to the elimination of online gambling. Supervised by police officers, the largely new equipment was battered into pieces by a front …

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New online slot from Playtech

4 Sep 2014

The rare and legendary white lions of Africa feature in the theme of a new 5 reel slot from online gambling software provider Playtech, which is believed to be nearing release. The “Mysterious White King” game offers stacked wilds and free games that can re-trigger indefinitely in a mix that is likely to generate player …

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Significant interest in UK online gambling licensing

4 Sep 2014

With the September 16 application deadline looming, it appears that many well-known online gambling operators are opting for a UK licence under the new point-of-consumption licensing law. A cursory look at the Gambling Commission list of applicants this week revealed that 880 applications (and counting) have been received, among them well known and respected websites, …

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Great expectations for Scientific Games – Bally Tech merger

4 Sep 2014

The forthcoming merger of Scientific Games Corporation with Bally Technologies will deliver more revenue and profits, much of it through early and easily achieved synergy gains, Scientific Games has asserted in a filing with the U.S. Securities and Exchange Commission this week. The two companies are among the gaming and lottery industry leaders, and the …

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World Cup football drives record revenues for Betfair

4 Sep 2014

Betfair plc posted its first quarterly results for its financial year 2015 Thursday, detailing key performance indicators for the three month period ended 31 July 2014. Highlights of the interim management statement include: * Revenue up 30 percent to GBP 117.3 million driven by a strong FIFA World Cup and continued momentum across all products; …

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New Paddy Power chief executive appointed

4 Sep 2014

The directors of the land and online gambling group Paddy Power have announced the appointment of Andy McCue as Chief Executive Designate, and a director of Paddy Power plc, with immediate effect. McCue will succeed the current chief executive, Patrick Kennedy, on January 1st 2015. Kennedy announced his intention to step down as at the …

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DMG Media sells Metro Play

3 Sep 2014

DMG Media has sold its online casino Metro Play to Hexagon Contracts’ Isle of Man-licensed operation 666Bet for an undisclosed consideration. Under other terms of the deal, 666Bet will reportedly receive discounted advertising rates from DMG Media who own Daily Mail, Metro and The Mail on Sunday publications. 666BET will reportedly transfer the sportsbook from …

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PERFORM Group to reject Access Industries offer

3 Sep 2014

The board of independent directors of Perform Group PLC believe Access Industries’ offer to buy the remainder of the Perform shares they do not already own at 260p each, “undervalues the company and its prospects” and has recommended that shareholders reject the offer (see previous  reports). The board said it will provide shareholders with its …

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William Hill in content deal with MX Digital

3 Sep 2014

MX Digital has struck a deal with William Hill for the supply of six branded titles, the most significant distribution agreement for the company to date. Eric Bischoff of Bischoff Hervey Entertainment and MX Digital co-founder said: “From its inception, our vision at MX Digital was to bring some of the best known Hollywood brands …

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Betfair criticised for misleading advertising

3 Sep 2014

Both television and website advertisements by online gambling group Betfair came in for scrutiny by the UK Advertising Standards Authority recently, which ruled against the gambling company on an issue over a money back promise. The marketing publication The Drum reports that four consumers challenged whether the ads, which featured text such as “2014 Wimbledon …

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South Korea to regulate Facebook games

3 Sep 2014

South Korea’s effective regulator, the Game Rating and Administration Committee, has blocked residents’ access to games on social networking giant Facebook until such time as every game has been examined and approved. In doing so, the Committee invoked the Game Industry Promotion Act, passed in December last year, which which requires all online games to …

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More German online sports betting licenses

3 Sep 2014

The Hesse Ministry of the Interior and Sport, which is responsible for issuing the twenty online sports betting licenses in Germany, has added more names to the MyBet award announced yesterday (see previous  reports), adding Bwin, Betfair, Digibet and Ladbrokes, along with other local operators, to the authorised list. Two years on from the implementation …

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Unauthorised online gambling a financial problem for Czech government

3 Sep 2014

The government auditor for the Czech Republic has been critical of the country’s Finance Ministry in its handling of gambling issues, and claims that unauthorised online operators outside the borders of the nation are taking an estimated Euro 21.6 million annually out of the country, and making no contribution to the community. The Finance Ministry …

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Positive view on Aussie lotteries

3 Sep 2014

Lottery sales in Australia are unlikely to beat those for online sports and horse race betting, but should trend upward over the next five years thanks to increased gambler spend, predicts a new survey by IBISWorld. “Lottery operators have increased the frequency of lotto draws to increase consumer interest and expenditure,” IBISWorld industry analyst Spencer …

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Mybet awarded German sportsbetting licence

2 Sep 2014

The Hesse Ministry of Interior and Sport has informed mybet Holding SE parent company Personal Exchange International Ltd (PEI) of its intention to award the company one of twenty sportsbetting concessions. According to mybet, the Ministry will issue the licence on September 18, 2014, at the earliest, to allow for rejected licence applicants to seek …

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Playtech acquires Aristocrat Lotteries

2 Sep 2014

Playtech has acquired Aristocrat Lotteries for Euro 10.5 million in cash from Aristocrat Leisure Limited. The strategic acquisition will enable Playtech to expand and diversify its retail and VLT market share in key jurisdictions. Stockholm-based Aristocrat Lotteries is a major supplier of server-based-gaming and online client server solutions for interactive video terminals in both Norway …

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Applejack’s Ante Engine slot live on Odobo

2 Sep 2014

A new graphic-rich video slot titled “Ante Engine” from AppleJack Gaming as gone live on the Odobo platform. This quirky five-reel, three-payline slot game puts the player at the helm of the Ante Engine, a mechanical gambling machine from a bygone era. Players will meet Andy the android and his faithful robo-dog who attempt to …

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Inspired make three appointments

2 Sep 2014

Virtual Sports supplier, Inspired Gaming Group (IGG) has announced the appointment of Mark MacCombie as business development director, Al Sayce as account director and Neil Brookes as product manager to its Virtual Sports division. Prior to this appointment, MacCombie served as head of account development – Sports Betting at GTECH, Sayce as client services director …

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Draftkings completes venture funding round

2 Sep 2014

Boston-situated fantasy sports start-up DraftKings has closed its latest venture funding round having reached its target of $41 million, the majority contributed by media and technology focused merchant bank, the Raine Group. “DraftKings has established the optimal mix of cutting edge technology, broad industry knowledge and a deeply loyal user base to further push its …

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