Gambling news - page 901

Danish company sells off Soccerstand.com

3 Apr 2014

The Danish sports betting software company Enetpulse has sold off its football information site SoccerStand to Czech company LiveSportMedia for an undisclosed consideration. LiveSportMedia has revamped the site and says that it will be integrated into the company’s range of sports websites, benefitting from a visitor base of 40 million international readers. Technical work on …

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Online punters splashed GBP 74.6 mill on Cheltenham Festival

3 Apr 2014

The Cheltenham Festival racing week has gone into the books as a success, with online punters laying down GBP 74.6 million over four days, reports payment processor DataCash, which revealed Thursday that it had processed 2.77 million wagers over the four days of the festival last month. The volume of interest and wagering represents a …

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Comprehensive study of the Aussie gambler published

3 Apr 2014

An extensive study of the Australian gambling scene commissioned from local academics in 2011 by Gambling Research Australia, has been concluded and published under the no-nonsense title of ‘Interactive Gambling.’ Funded by the Commonwealth, State and Territory governments, the research was carried out by an impressive list of high profile Aussie academics, including: Professor Nerilee …

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Online sportsbetting the priority for Greek betting company

3 Apr 2014

The Greek betting group OPAP is hoping that its online gambling venture, scheduled to get into gear this year in partnership with GTech, will help boost its disappointing recent results (see previous reports). In its latest annual report covering operations throughout 2013, the company says that sportsbetting will receive priority in the online venture, followed …

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Minnesota Governor sits out in online gambling furore

3 Apr 2014

Minnesota governor Mark Dayton seems to be taking a neutral stance in the growing row between the director of the state lottery and members of the state legislature over the state lottery moves online. A number of lawmakers are up in arms over the lottery’s decision to offer tickets and scratchcards online, saying the legislature …

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Adelson latest salvo paints Angry Birds as gateway to gambling

3 Apr 2014

The Sheldon Adelson-backed Coalition to Stop Internet Gambling’s (CSIG) latest salvo is a web ad featuring the hit mobile game Angry Birds, Fruit Ninja and Candy Crush as gateway games to online gambling and addiction. The spot titled “Don’t Bet On It” features a tech-savvy teenager playing Angry Birds on a mobile device which eventually …

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Cambodia detain 15 suspected of online gambling

3 Apr 2014

Cambodian Police have detained 15 South Korean men following a raid on a villa in the capital’s Tuol Kork district Wednesday. The men are suspected to have been involved in an illegal online football gambling ring. “We detained them for inquiries on the suspicion of online gambling,” Pov Sopha, deputy chief of the Interior Ministry’s …

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A host of new slots for SkillonNet licensees

3 Apr 2014

Online casino software provider SkillOnNet will release 14 new online slots in April that include a mix of branded games from WMS Interactive and three new in-house titles. The new slots will be released over a 4 week period accompanied by extensive localised marketing campaigns undertaken by SkillOnNet licensees. Kevin Cremer, European product manager for …

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Digital gaming task force created in Ontario

3 Apr 2014

Ontario MPP David Orazeitti announced the formation of the Sault Ste. Marie Digital Gaming Task Force this week, a body focused on ensuring a modern and profitable Ontario Lottery and Gaming (OLG) along with new economic development and job creation for the city. Orazeitti said Sault already has a burgeoning digital gaming sector, the growth …

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Safecharge IPO raises $125 million

3 Apr 2014

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 …

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France Pari 1Q exceeds expectations

2 Apr 2014

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 …

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Lotteriinspektionen strenghtens board

2 Apr 2014

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 …

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UK Gambling Commission publishes changes in LCCP

2 Apr 2014

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 …

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Online gambling the downfall of KPMG director?

2 Apr 2014

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 …

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Online gambling software developer raises $12 million

2 Apr 2014

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 …

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New game developer on the block

2 Apr 2014

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 …

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UK racecourse in WiFi partnership with Betfair

2 Apr 2014

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” …

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Pollard Banknote and Neogames in JV

2 Apr 2014

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 …

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MGT acquires fantasy sports business draftday.com

2 Apr 2014

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. …

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Seaniemac secures Punchestown Racing Festival sponsorship

2 Apr 2014

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, …

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Quickspin in content supply deal with Rank Group

2 Apr 2014

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 …

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Amaya posts net loss for 2013 but doubles revenue

2 Apr 2014

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 …

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Macau revenues up 13 percent in March

1 Apr 2014

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 …

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Ultraplay secures another online gambling platform deal

1 Apr 2014

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 …

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