Teddy Sagi’s payment solutions provider SafeCharge launched its shares on the London Stock Exchange Alternative Investment Market (LSE AIM) today (Wednesday) with an initial public offering (IPO) of 149 759 260 Ordinary Shares selling at a placing price of 162 pence. The IPO raised $125 Million, $25 Million more than Sagi had predicted , giving …
French online operator France Pari has posted strong first quarter results it attributes to an 87 percent revenue rise contributed by B2B division Sportnco and a further 70 percent rise in operator activities. The company said an 80 percent increase in stakes amounting to Euro 3.5 million was achieved through growth in its live and …
The Swedish Gambling Authority Lotteriinspektionen has appointed the services of psychologist Håkan Wall to its Board, as deputy chairman Per Blinder steps down. Wall is a medical professional currently working at the Research Centre for Physiological Health which is affiliated to the Karolinska Institutet, a medical university that treats problem gambling amongst other conditions. Wall …
The UK Gambling Commission has published its first stage of amendments to the License Conditions and Codes of Practice (LCCP) applicable to licenced gambling operators. Following consultations towards the end of last year, the commission will publish changes to the LLCP in three stages however all three are expected to come into force on August …
A fondness for online sports betting on the Betfair website proved to be a contributing factor in the downfall of British KPMG director and management consultant Brian Chapman this week when he appeared at the Old Bailey charged with making false expenses claims to the value of GBP 45,000. The court heard that although he …
Southern California-based software developer Gamblit Gaming has raised $12 million in financing that will be used for the launch of its new online gambling software this year. American Capital Strategies, a Bethesda, Md. publicly traded private equity firm has provided the new capital, having previously put $7 million into Hard 8 Games, the Boston-based parent …
A new games development studio is in the spotlight following a content supply deal announced this week with Unibet. Thunderkick AB is a Stockholm-based company with surprisingly little information on a website that simply states “We are Thunder Kick, and we make games .” Industry reports suggest that Net Entertainment veterans are behind the business …
Betfair has signed a two-year agreement with Chester Race Company (CRC) becoming the Chester and Bangor-on-Dee racecourse’s Official Wi-Fi and Digital Gaming Partner for the 2014 and 2015 season. The partnership known as the “Always on Campaign” was initiated following an O² Wi-Fi trial at Chester Racecourse during the 2013 season which revealed “significant insight” …
Full service lottery vendor Pollard Banknote Limited and digital games provider NeoGames have formed NeoPollard Interactive, a joint venture with its origin rooted in a collaborative contract win for the provision of iLottery services for the Michigan Lottery. NeoPollard Interactive will leverage the strengths of both companies to develop, implement, operate, and maintain iLottery services …
MGT Capital Investments has made a further expansion into the fantasy sports sector with the acquisition of the DraftDay fantasy sport business and software platform for a $600 000 consideration in cash and around 100 000 shares of common stock. The asset purchase agreement with CardRunners Gaming, Inc. is expected to close within a week. …
Irish online sports and casino operator SeanieMac.com has become the sponsor of the EUR 50 000 SeaniMac.com Mares Handicap Steeplechase at the Punchestown Racing Festival scheduled for May 2, 2014. Under the terms of the sponsorship, SeanieMac.com’s exclusive bookmaker sponsorship for the day includes naming rights of the race and extensive branding on the racecourse, …
Stockholm-based game development studio QuickSpin will deliver its portfolio of video slots to Rank Group Plc online properties Mecca Bingo.com and Grosvenor Casinos.com following an agreement announced this week. “We are very excited to announce our latest agreement with Rank. We have actively working on our UK entry and I am very glad to be …
Amaya Gaming Group said it was pleased with the development of the business in 2013, emphasising growth in its land-based business, the launch of interactive gaming products into the U.S. market and the acquisition of lottery solutions developer Diamond Game. The company posted a Quarterly and Full Year net loss which it said was driven …
Macau gambling revenues rose 13 percent in March 2014, recording revenue of 35.5 billion patacas ($4.44 billion) according to the latest official numbers from the regulator. The Reuters news agency attributed the increase to robust demand from Chinese visitors keen to bet in the country’s only legal casino hub. Growth in March was at the …
GoBetGo Holdings announced Monday that it is to use UltraPlay’s platform to launch its new online gambling business. The platform will include a sportsbook, casino, lottery and a live dealer casino. The sportsbook element will be provided by sports betting specialist Betting Promotion, whilst live dealer action will come from the Ezugi studios. Operating on …
Gaming analysts have been studying the latest regulator numbers on online gaming in the three legal jurisdictions of New Jersey, Nevada and Delaware this week, with Morgan Stanley commenting that, whilst numbers are lower than initial predictions; i-gaming will be an $8 billion industry in the United States by 2020. “Estimates change based on market …
Having passed Nevada’s stringent requirements for an online poker licence last year, the Reno-based Monarch Casino and Resort will not be using it due to fears that online poker may be the foot-in-the-door that could lead to full-on internet gambling, an executive of the company said Monday. The head of subsidiary Atlantis Casino, John Farahi, …
Greek betting firm Organisation of Football Prognostics S.A. (OPAP) posted a 72 percent drop in net profit 2013 amounting to Euro 141 million which it said was driven down by a new tax the country levied on the firm, reports Reuters. Earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 67 percent to Euro 221.7 …
The Royal Windsor Racecourse and online gambling operator Unibet have become sponsorship partners for the forthcoming flat season. Unibet will have wide branding opportunities at the Berkshire track throughout the year while sponsoring around 20 races. Aside from becoming the Royal Windsor Racecourse’s official betting and gaming partner, Unibet will also sponsor Windsor’s Owners, Trainers …
Social casino games provider Plumbee has expanded its Mirrorball App with the addition of its thirteenth game titled “Royal Frog”. The game, built by Quickspin, is a 5×4, 40-winline game featuring a Free Spins bonus and Wilds. Loosely based on the Princess & The Frog fairytale, Royal Frog allows the player to add more Wilds …
BetSoftGaming will provide its Slots3 collection to European-facing operator Mybet. Games, which include SugarPop!, Rooks Revenge and Safari Sam will be accessed by MyBet through Amaya Gaming Group’s Casino Gaming System. “We are proud to announce our new partnership agreement with MyBet,” said Simon Westbury, BetSoft Account Manager. “They have a strong reach throughout the …
Realtime Gaming’s latest offer is an amusing school-themed 5×4 reel slot titled “Shark School”. In this game, the sharks are the jocks and the fish are nerds all set to a high school theme. Three features titled Swim Fishy Swim!, Bad Sharky and Don’t Eat the Teacher are ruled by the Sharks and offer instant …
Two new five-reel, 20-payline slots have been launched by Realistic Games titled “Riverboat Gambler” and “Snapshot”. Both games will be delivered via Realistic Games’ ReGaL server across smartphone, tablet and desktop channels. Riverboat Gambler is set to the backdrop of the Mississippi River on board the Randall Steamer. This game features a special multiplying Wild …
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 …