Gambling news - page 874

Snowcat in games deal with UMA Premium Group

31 Mar 2014

Estonian-based Snowcat Group has entered into a long-term agreement with UMA Premium Group for the integration and distribution of UMA’s range of games. Snowcat will integrate the UMA material onto a number of industry partner platforms.  The games are applied for real slots, VLT’s as well as for the online and mobile gaming markets. UMA …

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New Jersey: Deadline for job creation looms

31 Mar 2014

The first deadlines for creating jobs in New Jersey are looming for the nascent intrastate online gambling industry, the Press of Atlantic City reported over the weekend. “Regulators are requiring that by May 1, all platform providers base their teams working on customer service, fraud detection and accounting in New Jersey,” the newspaper reports, noting …

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Christie apologises to Adelson over remark on ‘occupied territory’

31 Mar 2014

New Jersey’s Republican governor Chris Christie, who is still fighting off the political fall-out over Bridgegate, has had to back away from a “misspoken” remark in one of his speeches to placate casino baron and top Republican Party donor Sheldon Adelson, according to the US publication Mediaite. The offending phrase in one of Christie’s speeches …

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More opposition to U.S. banning bill

31 Mar 2014

Opposition is mounting to Sheldon Adelson’s drive to ban online gambling in the United States through the Chaffetz and Graham bills in Congress, with two US senators from New Jersey the latest to signal their intention fight the measure in Congress. Senators Robert Menendez and Cory Booker claim the banning bill will serve only to …

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Finnplay clinches Belgian online gambling deal

30 Mar 2014

The Finnish online gambling software developer and provider Finnplay has announced it is to provide the gaming platform for Supergame.be of Belgium. Martin Prantner CEO of Finnplay said: “This is a very exciting time for Finnplay to be working with Supergame in the regulated Belgian market. Our gaming technology platform approved by the Belgium Gaming …

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What’s up with Comcast?

30 Mar 2014

The poker forum twoplustwo has been buzzing over the last three days with numerous player reports that US internet service provider Comcast appears to be blocking access to the Bovada online gambling website. Bovada is aware of the situation and is trying to identify the problem in order to resolve it, according to company tweets, …

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Banning online gambling a mistake, says police association

29 Mar 2014

The US National Fraternal Order of the Police surprised everyone by coming out against the Graham-Chaffetz legislative attempt to federally ban online gambling this week, saying that it would drive US online punters into the arms of unscrupulous internet black market operators. In an op-ed piece in The Hill, FOP president Chuck Canterbury wrote that …

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Bad year for MyBet

28 Mar 2014

2013 has not been kind to the German online gambling group Mybet, which has just released unaudited numbers that record a loss of Euro 5.4 million, and a negative EBIT of Euro 10,2 million. Management attributes the weak performance to extensive special write-downs and provisions and non-recurring effects, with consolidated revenue  down 2.5 percent. The …

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EveryMatrix in deal with live dealer provider

28 Mar 2014

The Dublin-based live dealer gambling provider VueTec has agreed to provide services to EveryMatrix’s CasinoEngine platform, expanding its content and player appeal. VueTec’s branded Distant Gaming system is well-established and streams live action from land casinos in Dublin and the Isle of Man.

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Nevada revenue plunge in February

28 Mar 2014

The latest statistics from the Nevada Gaming Control Board do not make for happy reading; gambling revenues plunged 14 percent in February, with the Las Vegas Strip revenues diving 20 percent. The Silver State’s land casinos won $926 million in February, down from more than $1 billion in the same period last year. The decline …

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12 more online casinos shuttered in Kazakhstan

28 Mar 2014

The Uralsk regional court in West Kazakhstan (formerly a member of the Soviet Union) has issued a ruling supporting the shuttering of another 12 online casinos, according to an announcement this week by the national Financial Police. The websites were not identified in the announcement, but the action follows similar enforcement activity in September last …

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Good 2013 performance for online payments company

28 Mar 2014

Optimal Payments plc, an online financial processing company that includes Neteller among its subsidiaries, has posted what it boasts is an “exceptional” 2013 full year report. Highlights from the report include: * EBITDA up 89 percent to $52.2 million (2012: $27.6 million); * Revenues up 41 percent to $253.4 million (2012: $179.1 million); * Net …

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Nine virtual sport titles added to NYX Open Gaming package

28 Mar 2014

The NYX Open Gaming System (OGS) package has been boosted with the launch of nine new virtual sport titles as part of the NYX Interactive agreement with 1X2gaming. The new additions include the popular Virtual Legends, Virtual World Cup and Virtual Champions offerings, which now become available to operators using the OGS platform. 1X2gaming marketing …

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Online gambling advocacy group critical of U.S. banning attempt

28 Mar 2014

The online gambling advocacy group Safe and Secure Internet Gambling Initiative has issued a statement ridiculing the newly launched Chaffetz and Graham Congressional bills seeking to ban all online gambling in the United States with the exception of horseracing. SSIGI spokesman Michael Waxman said in a press release Thursday: “The idea that Congress could or …

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Illinois to resolve land casino issues before mulling online gambling legalisation

28 Mar 2014

Illinois pro-online gambling state senator John Cullerton said in a television interview on the state budget this week that whilst the legalisation of online gambling in the state is inevitable, it will not be addressed until questions around the expansion of land gambling in the state have been resolved. Cullerton, who is president of the …

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Powerful new entrants for the social casino sector

27 Mar 2014

Atari, an internationally respected publisher and producer of interactive entertainment, and FlowPlay, a specialist in virtual world games and technology, announced Thursday a strategic partnership to develop Atari Casino, a premier social casino gaming platform. FlowPlay will provide the back-end infrastructure, analytics, payment systems and in-game advertising integrations necessary to provide a first class interactive …

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Industry veteran appointed CEO at Rank Group

27 Mar 2014

The British land and online gambling group Rank plc has announced the appointment of industry veteran Henry Birch (45) as chief executive of the group. Birch will succeed Ian Burke (57) on May 6, when Burke takes up the responsibilities of non-executive chairman of the company. Birch was most recently CEO of William Hill Online, …

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Chinese sports lottery to raise more capital

27 Mar 2014

The Chinese online sports lottery operator 500.com has SEC-filed a follow-on trade and convertible bond offering that could raise $480 million. The New York-listed firm’s proposed American Depository Shares transaction is expected to contain a mix of primary and existing shares made available by two major shareholders – Brothers Union International and Clear Treasure Group. …

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Retrogressive online gambling bill launched in conress

27 Mar 2014

After a week of hype, the Republican Party’s Sen. Lindsey Graham of South Carolina and Rep. Jason Chaffetz from Utah, introduced the Restoration of America’s Wire Act to the federal House and Senate on Wednesday, seeking to formalise the interpretation of the Wire Act as embracing all forms of internet gambling, and attempting to reverse …

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GTECH completes Scratch&Win buyout

26 Mar 2014

GTECH S.p.A has acquired the entire interest held by UniCredit in the Italian Gratta e Vinci (Scratch & Win) licensee, Lotterie Nazionali S.r.l., raising its direct and indirect interest in the company from 51.5 percent to 64 percent. The cost of the acquisition was around Euro 72 million.

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32Red plc issues trading update

26 Mar 2014

32Red Plc noted a recent sharp fall in the share price and has moved to confirm that company trading in recent weeks has strengthened further with gross gaming revenues up 19 percent in the first 24 days of March against the corresponding period which takes the cumulative year-to-date increase to 8 percent. The company Board …

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Intralot hits Euro 1.5 billion revenue in 2013

26 Mar 2014

Greek-owned gaming firm INTRALOT’s revenues for the full year 2013 period have exceeded Euro 1.5 Billion, a key milestone for the company. Key performance highlights for the year ending December 31, 2013 include: –     INTRALOT Group Consolidated Revenues increased by 12 percent to Euro 1,539.4 billion compared to 2012. –     Net of a negative FX …

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Ladbrokes relaunch casino with Playtech

26 Mar 2014

Ladbrokes had finally re-launched its casino offer across its digital platform with the introduction of a full range of Playtech products. As part of the transition, the previous casino software and games portfolio have been withdrawn from Ladbrokes.com and .dk sites and replaced with Playtech products. At the same time, improvements have been made to …

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New Microgaming slot launches across all platforms

26 Mar 2014

Microgaming will release its latest casino game titled “High Society” across all platforms in download, Flash and HTML5 versions to suit all devices. The game will also launch concurrently across Microgaming’s Casino, Bingo, Poker, Mobile and Quickfire products. High Society is a five-reel, 25-payline video slot based on, as the title suggests, living the high …

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