Playtech plc has announced the “bolt-on acquisition” of the Stockholm-based retail VLT businesses Aristocrat Lotteries AB and Aristocrat Lotteries Italia s.r.l. from Aristocrat Leisure Limited. The two Aristocrat firms provide a server-based gaming platform for VLTs and Casino (Class III) markets to two major retail VLT operators in Norway and Italy, marketed under the well-established …
Phil Jackson, the erstwhile chief of the now defunct Media Corporation plc and the man who put its online gaming subsidiary Purple Lounge into liquidation to the prejudice of its many owed players, is now involved with a “casino cash” subsidiary of Boxhill Technology. Stock Market Wire reported Monday that Boxhill subsidiary Pay Corporation has …
Swedish online casino group Mr Green & Co AB has appointed Niclas Enhörning as CEO of its wholly owned subsidiary Mr Green & Co Technology AB, which supplies technology solutions to companies in the group. Enhörning, who was most recently employed at Klarna, will assume his new position in the autumn. “Niclas has solid experience …
Latvia’s sudden rash of black listings of operators accessing its market without licensing has surprised many, given the nation’s somewhat passive approach to enforcement since online gambling was legalised back in 2006. The explanation this week came from the regulator itself, when Lotteries and Gambling Supervision Inspection (IUAUI) director, Signe Birne, told Poker News that …
Federal prosecutors in Colorado have released details of another extensive FBI investigation and subsequent shuttering of an online sports betting operator. The investigation centred on an operation run by Kerwin Sande from 2006 to 2013 which used the Costa Rica website Play Fast Sports.com and accepted “tens of millions of dollars” in bets across state …
The UK player-targeted announcement this week by Playtech plc subsidiary PT Entertainment Services Limited that it has launched a new online gambling operation at Titanbet.co.uk under Antiguan regulation has players speculating on how this fits with the new UK point-of-consumption laws. “We are pleased to announce the launch of Titanbet.co.uk, a site regulated by the …
Digital media rights company Perform Group has urged shareholders to take no action following a buy-out offer from investment firm Access Industries, owned by Britain’s second richest man Len Blavatnik. The US Industrialist’s investment group, who already owns 42.5 percent of Perform, is looking to increase its holding to over 50 percent offering 260p per …
SBTech has entered into an agreement with Belgian online and terrestrial operator BetFIRST for the provision of its online, live and mobile sports betting platform in the regulated Belgian market. “As Belgium’s leading online and land based operator, it’s crucial we give our players the best betting experience available,” said Lionel Lammens, managing director of …
Yggdrasil Gaming has released its own H1 update following the release of record turnover but declines in EBITDA from parent company Cherry AB (see previous reports). Yggdrasil is now live with seven operators across fifteen websites including LeoVegas, Mr Green, Unibet, Vera&John and Videoslots.com and has signed additional agreements with Betsson, CO-Gaming, Leaderbet, L&L Casino, …
Scientific Games Corporation has announced the appointment of Dan Savage in the role of vice president, corporate marketing. Most recently, Savage served as Vice President, Corporate Marketing at Bally, prior to which he headed up one of the business units at the 3M Company. He also served as global business manager for 3M Touch Systems …
The recently formed UK Industry Group for Responsible Gambling (IGRG) has named Barry Hardy as its new chairman. The IGRG was formed in March 2014 and comprises the Association of British Bookmakers (ABB); British Amusement Catering Trade Association (BACTA); The Bingo Association (BA); National Casino Forum (NCF); and Remote Gambling Association (RGA). It provides a …
UK betting concierge BetButler Limited has gone offline, saying its has been approached by an unnamed third-party regulated gaming business for the acquisition of its customer database, including all balances and pending withdrawal requests, of the business. Readers will recall BetButler taking over social gambling site Bodugi’s debts earlier this year (see previous reports). The …
OPAP susbsidiary OPAP Investments has coughed up Euro 7.75 million for a 90 percent stake in the Payzone Group, the largest mobile phone top-up network in Greece with over 11000 POS terminals. Payzone currently processes around 30 million transactions annually and is the only independent organisation in Greece other than banks to provide these services. …
Slovenian HIT Casino land-operator has been given approval by the Italian regulator to launch HitStars.it. The launch of the HitStars platform will include 140 game options that include roulette, blackjack, casino games, poker, bingo, a live dealer casino and sportsbetting. “The HitStars.it online casino presents unique high-quality solutions and changes the concept of online live …
Macau’s Gaming Inspection and Coordination Bureau released its Macau gambling numbers for August Monday, reporting that casino revenue declined for the third consecutive month as mainland Chinese punters cut their spending. The numbers are lower than analyst expectations at 28.9 billion patacas ($3.6 billion) – a 6.1 percent decline significantly greater than the 2 percent …
A question puzzling a number of industry observers recently following an intriguing press release from digital performance marketing services firm XLMedia was answered in a follow up press release Monday. The original release reported on an acquisition worth up to $19 million by XL Media….but did not identify the target. Today, the company cleared up …
Australian gambling mogul James Packer’s international casino company, Melco-Crown Entertainment is betting big bucks on a new short film and video feature designed to promote its activities around the world, engaging the services of renowned Hollywood director Martin Scorsese and the sheer star power of actors Brad Pitt, Leonardo DiCaprio and Robert De Niro. According …
Permitted by federal law thanks to an exemption in the UIGEA as a skill game, and currently prohibited by only five states, online fantasy gaming is on a roll, with growing numbers of players paying entry fees to daily and weekly tournaments, and major commercial groups becoming increasingly involved. Other than the suppressed desire to …
Malaysian police, already acknowledged as one of the most consistently strict enforcers of anti-online and land gambling laws, are to take the fight up a level with the formation of a special task force, says the minister of Home Affairs, Datuk Seri Ahmad Zahid Hamidi. The minister told reporters Friday that he expects the new …
The failure of the Illinois State Lottery’s first attempt to privatise by engaging third party company NorthStar to run the enterprise (see previous reports) has led to lottery officials exploring further options, suggesting that the privatisation model is still favoured over a return to state control. Our readers will recall that NorthStar is being fired …
The US National Football League may be an implacable opponent of online gambling in its bid to “preserve the integrity of sport”, but has no such qualms about the burgeoning fantasy sports phenomenon, which it seems to have embraced with fervour. The League’s football deal with DirecTV has extended to that company’s new football fantasy …
Tivoli Casino, a Danish online gambling enterprise associated with the famous gardens and funfair in Copenhagen, launched a new television campaign targeting the Norwegian market this week. Working with the British agency Pace Media, the online casino has used television extensively in the past to get specific messages on games and promotions across to target …
Greece is selling a 20-year licence to take wagers on horse races as part of a privatisation plan agreed with the struggling nation’s international lenders, the European Union and the International Monetary Fund…and the now privately owned gambling monopoly OPAP wants it. The betting group has partnered with UK fund manager Global Family Partners to …
Possibly spurred by the critical eye of activist board member Jason Ader, the chief executive of Bwin.Party Digital Entertainment, Norbert Teufelberger, has acknowledged that major changes at the poorly performing online gambling group are necessary. Teufelberger accepted that fact in presenting Bwin.Party’s H1-2014 results, which again illustrated a disappointing performance in virtually all verticals but …