Sports betting technology provider Power8 has secured an agreement giving it the naming rights to Spanish Liga football club Espanyol’s stadium for the next seven years. Espanyol’s Estadi Cornella-El Prat will now be known as the Power8 Stadium, a company spokesman said this week, adding that the firm will additionally receive substantial exposure through branding …
Online gambling group Gaming Realms has reported a mixed bag of financial news for the six month period to end March 2014, noting that revenues soared 400 percent to GBP 3.6 million in the period and player acquisition is good, but that aggressive marketing has created a loss prior to taxation of GBP 4.9 million …
The Malta-based turnkey and white label casino and sportsbook provider EveryMatrix has signed an agreement with online gambling games developer Williams Interactive to add casino content to EveryMatrix’s Casino Engine product. Ebbe Groes, chief executive of EveryMatrix, said: “In addition to our offering of casino content from companies such as IGT and Bally among others, …
Corporate financier Steve Epperly, Senior Director, CIT Corporate Finance – Gaming, a division of CIT Group Inc. says an increasing number of US states want to provide gaming options to their residents rather than see them head to adjacent states to gamble, leading to the recent expansion of the gaming industry…and that legalised online gambling …
The Jamaican authorities’ war on lottery scammers continued over the weekend with the arrest of 10 fraudsters during a police operation in Browns Town. Raiding parties from the Lottery Scam Task Force seized computers and documentary evidence from several private homes, a police spokesman told the Associated Press news agency Sunday. Jamaica has become notorious …
The respected law firm DLA Piper has published its assessment of a recent letter sent to incoming Belgian lawmakers by the Belgian Gaming Commission, requesting further restriction and rationalisation of the gaming industry. The assessment was carried out by Patrick Van Eecke and Raf Schoefs of the law company’s Brussels offices and gives an introductory …
All eyes will be on the performance of the Amaya Gaming group shares on the Toronto market Monday to see if the stock’s outstanding performance achieved last week can be sustained. Local media report that following the news that the Montreal-based firm had agreed to buy the Pokerstars and Full Tilt parent company The Rational …
The prolific Swedish online gambling games developer Net Entertainment has made advance versions of its latest 5 reel, 9 pay-line online titled “Attraction” available to selected licensees and affiliates. Players discussing the new game claim that it is a clone of the company’s popular Starburst offering, with a theme based on magnetic attraction. The game …
Starting the week off with a bang is the announcement by gambling and lottery supplier group GTECH that it is in ‘preliminary’ talks with contemporary U.S. firm International Game Technology with the objective of buying the American company. “This transaction could potentially involve the use of a mix of cash and equity as consideration,” GTECH …
Exploiting the interest around football generated by the current World Cup in Brazil, the mischief marketers at the online and land bookmaker Paddy Power again grabbed media coverage this week by changing the signage on a small percentage of the company’s betting shops in the UK and Ireland to reflect an association with one of …
A major online sport betting ring with associates in northern New Jersey and New York was shuttered Friday in a swoop by enforcement officials, according to an Associated Press news agency report. 29 individuals have been arrested in the enforcement drive, Bergen County Prosecutor John Molinelli told the news agency. Molinelli revealed that the gambling …
The South Carolina television station WLTX reports that state voters were asked to vote this week on non-binding referendum questions put to them by the Republican and Democratic parties. Among the questions the Democrats asked voters was whether individual states, rather than federal politicians in Congress, should decide on internet gambling legalisation. Republican South Carolina …
International gambling show organisers, Clarion and the media group G3 have inked a collaboration agreement that will see G3 supporting all of Clarion’s events with advertising and editorial support. In return G3 will have a strong presence at every Clarion organised event in the gaming space and access to Clarion’s guest speakers and content. G3 …
The French online sportsbook operator NetBet.fr has teamed up with renowned French broadcaster and journalist Alexandre Ruiz to provide football fans with fresh insights and information on the beautiful game. The deal was brokered by the SportFive marketing agency, and is for the duration of the 2014-2015 sporting season. Ruiz is the anchor for TV …
Last week’s regulatory warnings to foreign online gambling operators accessing the Dutch market appears to be falling on deaf ears in many cases, reports the Dutch newspaper Volkskrant. Operators were warned that stiff penalties exist, and threatened with exclusion from the Dutch licensing and regulation process due for implementation next year, but many sites continue …
The Isle of Man-based online media company iBus Media, which earlier this month successfully fought off a trademark infringement lawsuit launched by Nevada’s Best Odds Corporation (see previous reports) has launched BookieSmash, its newest online portal dedicated to sports betting. Stablemate Poker News describes BookieSmash as an enterprise that “…aims to help sports fans who …
The $4.9 billion acquisition of Pokerstars and Full Tilt Poker parent The Rational Group by Montreal-based Amaya Gaming has set the online gambling industry buzzing, and details now emerging include: * The consideration of $4.9 billion is to be delivered as follows: $2.1 billion in senior secured credit facilities; $800 million in senior secured second …
UK and US gambling group Sportech plc has announced the appointment of Richard “Rich” Roberts as an executive director with effect from 14 July 2014. He will become president of digital operations in the US, reporting to group CEO Ian Penrose. Roberts, a US resident who lives in New Jersey, has impressive experience across multi-platform …
The Rational Group, parent company of Full Tilt Poker and the world’s largest online poker provider, Pokerstars, has been acquired by the Canadian gaming group Amaya Gaming for $4.9 billion in cash. The two companies confirmed the deal late Thursday after trading on Amaya was halted following persistent rumours of a sale that had been …
Figures released Thursday by the New Jersey Division of Gaming Enforcement make disappointing reading, showing that online gambling operations took in $10.4 million in May, a decline of $1 million from April. The decline of the newly-regulated online market has now persisted for two consecutive months in the Garden State. State regulators balanced the bad …
Las month’s rumours of an acquisition deal featuring Amaya Gaming and the Isle of Man online poker giant The Rational Group (see previous reports) returned with a vengeance Thursday following a Bloomberg business news report quoting two insiders who revealed that an agreement is imminent. Blackstone Group LP’s credit business, GSO Capital Partners LP, is …
Internet gambling content supplier NeoGames is to broaden its services to the Portuguese lottery Santa Casa da Misericórdia de Lisboa with the addition of instant games. Ilan Rosen, CEO of NeoGames, revealed that NeoGames will supply the lottery with customised games, along with interactive versions of existing printed tickets, and elements of its online lottery …
Online gambling software and content provider Williams Interactive has announced that its online casino games are now live on the New Jersey sites of Virgin Casino and Tropicana following an agreement inked earlier this year (see previous reports). The games are being supplied on a continuing basis in partnership with Gamesys, which powers the sites. …
Online gambling software provider UltraPlay has announced the achievement of five new international operator contracts involving both real and virtual money gambling. 1960Stake.com, a Nigerian operator, has opted for Ultraplay’s online sportsbook and casino platform, whilst UltraPlay will join with Ezugi in preparing live dealer casino and sportsbook offering to beef up the internet gambling …