Nasdaq-listed Asian online sports lottery firm 500.com has posted net revenues of $25.2 million (RMB 156.1 million) for Q2-2014, representing a 73.8 percent increase from the first quarter of 2014 and a 185.4 percent increase from the second quarter of 2013, thanks largely to a boost in revenues from the recent World Cup football festival …
Scientific Games Corporation has signed a new contract to provide instant games for the Taiwan Lottery Co., Ltd., along with licensed properties and marketing services. The two-year contract, which was awarded through a formal procurement process by the TLC, expands SG’s profile in the Asia Pacific region, and kicked off in June this year. The …
Police in Corvina, a city in the San Gabriel Valley of Southern California, have shuttered two internet cafés on grounds of illegal online gambling following visits to the premises of Quick Connect and Tel-Expo this week. At Quick Connect, police officials presented manager Sheryl Duson (47) with a search warrant before arresting her and seizing …
Australian land gambling giant Crown Resorts has acquired full ownership of Betfair Australasia, a joint venture with British online betting exchange Betfair formed in 2004. Crown purchased Betfair’s 50 percent interest in the venture this week for A$10 million. Under the terms of the sale, Betfair will continue to provide technology and support services to …
Top British bookmaker William Hill plc has inked a deal making it the official betting partner for the Southampton football club Southampton FC chief executive officer Gareth Rogers said Tuesday the agreement constituted a major step forward for the commercial growth of the club, adding: “We are constantly looking to partner with businesses at the …
Manchester United FC has advised football fans that it will no longer allow supporters to bring iPads and tablet devices into the Old Trafford stadium amid fears that some are recording large portions of the matches. The club is also worried that fans are having their view blocked by those in front using tablets to …
The owners of Atlantic City land casino Revel have announced that the establishment is to close on September 10…just two years after it opened. “Despite the effort to improve the financial performance of Revel, it has not proven to be enough to put the property on a stable financial footing. This situation is compounded by …
Plaor, Inc., a wholly-owned subsidiary of social media network CrowdGather, Inc. has launched two new games – The Power of Zeus and Frogs n’ Flies – the first social casino titles developed from its partners Multicommerce Game Studio and Lightning Box Games Pty Ltd, respectively. Both titles are 5 reel video slots currently available to …
The Unibet and Merkur online casinos have announced the availability of an exclusive new slot from Net Entertainment titled Hit2Split. The new product is a 5 reel, 30 pay-line game with an innovative split symbol feature, which can be previewed here:
Gala Interactive’s head of bingo operations, Alison Digges, has been promoted to director of i-gaming services, where she replaces the departing Kasper Trier-Poulson. Digges has a sound i-gaming track record, having worked in marketing management for BetVictor, and as operations director for GTechG2 in Gibraltar before joining Gala Interactive as head of bingo two years …
Toronto-based and listed online gambling company Intertain Group Limited has posted its first Q2-2014 report, featuring revenues up sequentially on Q1 by 80 percent to Cdn$ 5.2 million. Financial highlights of the report include: * Revenues of Cdn$ 5,227,338; * EBITDA at Cdn$ 1,483,759; * Earnings at Cdn$ 4,242,258; * EPS of 0.29 a share; …
Following an extensive research and testing program during 2013, Sydney-based development studio Royal Wins has launched a free-to-play, ‘hybrid’ skill plus casino social and wagering games under the Mojikan’s Kash Karnival brand. Royal Wins CEO Robert Fong, CEO said this week that the new casino will initially carry four unique games split evenly between skill …
Betclic Everest Group subsidiary Bet-At-Home.com has delivered further strong growth in Q2-2014, aided by solid business flowing from the World Cup football festival in Brazil during the quarter. Earnings before tax rose y-o-y by Euro 1.9 million to Euro 9.3 million, while GGR for the half-year to June 30 soared 27.9 percent to Euro 53.1 …
Following the departure of commercial director Rakesh Chablani, the UK online and land betting group Betfred has announced the appointment to the post of Russell Young, a senior manager who has been with the group since 2009. Young’s responsibilities include the performance of all Betfred brands and the commercial challenges attached thereto, with special focus …
Denmark’s internationally famous Tivoli amusement park and gardens has taken the next big step in its plan to enter the wider online gambling market (see previous report) by launching its Tivoli Casino.com website, powered by Play’nGo software on GamingAccount’s GAT platform. GAT permits the integration of third party content, widening the selection of games that …
New Jersey-based online gambling software developer High 5 Games has launched a new back-end product titled Universal Game Platform, which it hopes will enable it to establish a stronger position in the remote gambling market at home and abroad. The platform includes marketing and customer relations management facilities, and is described by H5G spokesmen as …
The Leicester City Football Club announced a new platinum partnership with online betting company 666Bet Tuesday, with the sports betting operator becoming the Foxes’ Official Betting Partner and exclusive European Betting Partner for the 2014/15 season. Ian Flanagan, commercial director for Leicester City Football Club, said: “Our partnership with 666Bet brings together a new player …
Real Sports Global has launched 5050Streak, a social version of its innovative casino game 5050Sports, featuring international sports personalities and exclusively-licensed archive broadcast footage, with publisher Trinity Mirror. The agreement sees 5050Streak, where Facebook players aim to win 5050Coins, become available to online (with mobile to follow) readers of Mirror.co.uk. The social platform contains classic …
Investors in the UK online and land gambling group Ladbrokes are unlikely to be pleased with the company’s H1-2014 numbers released Tuesday, which show that despite a change in software provider the company’s digital profits plunged 72 percent to just GBP 3 million. Digital provides just 4.4 percent of Ladbroke’s operating profits, compared with rival …
Social gaming operations through Caesars Entertainment subsidiary Caesars Interactive Entertainment delivered on of the few bright spots in the parent group’s convoluted and acronym-ridden half-year results posted this week, with social and mobile gaming driving the 95.4 percent growth in CIE revenues to $144.6 million. In the second quarter ended June 30, CIE’s Playtika subsidiary …
The National Council on Problem Gambling has teamed up with Gambling Integrity Services to help online gambling operators licensed in the USA to comply with NCPG’s Internet Responsible Gambling Standards. The NCPG will contract with Gambling Integrity Services (GIS) to perform independent evaluation, including mystery shopping by trained testers, of the sites that apply for …
NYX Gaming Group’s expansion into international regulated markets continued with the announcement Tuesday that the group has been granted a Gibraltar B2B licence to provide remote gambling services. Already claiming the e-gaming industry’s widest distribution network, NYX will now be able to offer its proprietary NextGen Gaming slots and third party partner content to fellow …
The major Isle of Man-based online gambling software provider Microgaming has created a tertiary education bursary scheme designed to support promising Isle of Man students in furthering their education in cases where they may be precluded by financial circumstance from attending or continuing to study at university. The award will see Microgaming fund accommodation and …
One of the biggest data breaches in online gambling history – the theft of 649,000 player details from online gambling group Paddy Power (see previous reports) – has been examined in detail by the Bloomberg business news service, which reveals: * In 2010 (when the theft is believed to have occurred) Paddy Power technicians detected …