Gambling news - page 907

Online casino winner claims $213,367 jackpot

4 Mar 2014

The WinADay online casino reports that one of its players struck gold last weekend, hitting its proprietary Alice in Wonderland slot for a jackpot of $213,367. Player AlfredF is a slots fan and regular at the casino and normally plays Gladiator Games, Aztec Adventure, Vegas Mania, and Aces and Faces, but on this occasion he …

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Newspaper poll claims Iowans are against online gambling

4 Mar 2014

Only a quarter of Iowans want legalised online gambling, the Des Moines Register newspaper declared this week after conducting one of its regular state polls of 703 respondents on a variety of local issues ranging from texting whilst driving to bans on fireworks. The poll was conducted in late February by independent company Selzer & …

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Danish Telecom giant to enter online gambling market?

4 Mar 2014

Danish telecommunications giant TDS A/S (formerly Tele Danmark) has voiced its intention to enter an online gambling market that it says is growing by 10 to 15 percent per annum with revenues of around DKK2.5 billion per year. “All content services that can be digitized, is of fundamental interest to TDC as possible areas of …

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New self exclusion project launched

4 Mar 2014

The Remote Gambling Association (RGA), GamCare and the Gordon Moody Association are collaborating on a project aimed allowing people with gambling problems to self-exclude from online gambling websites. The initiative will enable counsellors at GamCare and Gordon Moody to help their clients self-exclude themselves simultaneously from all the RGA member sites that they have accounts …

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Bet-At-Home delivers impressive FY-2013 earnings

3 Mar 2014

Betclic Everest Group-owned online sports betting and gaming operator Bet-At-Home has reported what it describes as “continued success”  reporting a 600 percent increase in full year 2013 earnings. Despite the continued impact of the German sports betting tax, an increase in marketing efficiencies and a substantial expansion of its customer base have contributed towards the …

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RAY performs in economic downturn

3 Mar 2014

The Finnish Slot Machine Association Rahaautomaattiyhdistys (RAY) said positive revenue development has continued in 2013 despite an economic downturn. Key performance highlights included: –   Revenue amounting to Euro 791.4 million, up 2.1 percent compared to 2012. –   Profits totaled Euro 419.5 million, an increase of Euro 11.5 million or 2.8 percent compared to 2012. –   …

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Tipp24 exceeds downgraded forecast

3 Mar 2014

Tipp24 SE said it expects consolidated revenue of around Euro 129.9 million and an EBIT of around Euro 19.1 million in its fiscal 2013 preview. The unaudited results follow Tipp24 downgrading its forecast for consolidated revenue late last year to Euro 124 million after a winnings payout of Euro 15.7 million. Key performance indicators include: …

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Intralot extends Croatian State Lottery agreement

3 Mar 2014

INTRALOT S.A. has extended its existing contract with the Croatian State Lottery Hrvatska Lutrija d.o.o for an additional year for the provision and maintenance of a portfolio of interactive instant and scratch games. The extension, which was granted following a public procurement procedure, may be re-extended for consecutive one-year periods going forward. INTRALOT Interactive in …

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Neteller re-launches to broader U.S. market

3 Mar 2014

Online payment provider Optimal Payments Plc, has announced the re-launch of its revamped NETELLER online payment processing service to the broader U.S. market. The company, who will work though an un-named “federally-insured” U.S. Financial Institution as sponsor, will launch the NETELLER service and Net+Card as new services developed to meet the needs of the U.S. …

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Macau does it again

3 Mar 2014

Gambling on the island of Macau off the Chinese mainland generated a record $4.8 billion in gaming revenues for the month of February, far above analyst expectations, according to the Reuters news agency. The impressive performance is attributed to strong spending from wealthy punters during and after a week-long national holiday. Gambling revenue growth in …

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Bet365 out of the Philippines

3 Mar 2014

One of the largest online gambling companies in the world, the UK-based bet365 group, has inexplicably decided to depart the Philippines market. Towards the end of February players in the region were told that the company’s websites would be closed to them with effect from February 25 and that all account balances would be honoured. …

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Bitcoin likely to keep rolling

3 Mar 2014

The complete anonymity of virtual currency Bitcoin transactions, allied to fast pay-outs, low transfer fees and transparency continues to attract online gamblers despite the volatile nature of its relationship to hard currencies and the recent failure of the Mt. Gox exchange in Japan. For online gambling operators, Bitcoin has some appeal because transactions are immediate …

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Online gambling marketing firm to list in London

3 Mar 2014

Former Ladbrokes chief executive Chris Bell has been a busy man at XL Media, an online marketing company which drives internet users to online gambling sites; the company is expected to announce today that it plans to float on the Alternative Investment Market in London. Founded in 2007 through a merger between a business run …

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Former California lawmaker says online gambling should be legalised

3 Mar 2014

The name Lloyd Levine will be familiar to our readers following developments a few years back on the Californian online gambling legalisation scene; back then he was an Assemblyman who took a credible run at the legalisation of intrastate online poker but, like others, he failed. Now out of politics proper but still consulting in …

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Online gambling could be good for Bermuda

3 Mar 2014

During last week’s budget debate in the Bermuda parliament, shadow finance minister David Burt told MPs that Bermuda already has the necessary infrastructure to become a significant player in the $35 billion-a-year global online gambling industry. He urged fellow MPs to consider augmenting the nation’s land casino businesses with additional channels of gaming such as …

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British Culture Minister supports stronger gambling regulation

2 Mar 2014

With a general election not too far distant, and the recent storm of largely negative media coverage on FOBTs, it is perhaps not surprising that British Culture Minister Maria Miller has now recommended that the Association of British Bookmakers’ new code of practice be made compulsory. The BBC reported Sunday that the minister feels the …

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Political challenge to UK gambling bill

2 Mar 2014

Britain’s gambling reform bill has run into possible delays in the House of Lords as politicians there raise concerns regarding the alarming rise in gambling advertising and its possibly detrimental effect on minors. The Independent newspaper reported Sunday that the Upper House is worried about the amount of pre-9pm “watershed” adverts that are running on …

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Las Vegas Sands exec moves to Wynn Resorts

1 Mar 2014

The future plans of soon-to-be-former Las Vegas Sands Bethlehem CEO, Robert DeSalvio, are no longer a mystery following reports in US media Friday that he has joined the Wynn Resorts group and will be involved in trying to secure casino rights in Massachusetts. DeSalvio’s surprise resignation on the heels of a serious hack into the …

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Republican senator to spearhead attempt to ban online gambling

1 Mar 2014

The Poker Players Alliance action group reports that Sheldon Adelson’s dream of a US online gambling ban achieved by re-wording the 1961 Wire Act could be spearheaded by a Republican senator from South Carolina. The PPA identifies the politician as Lindsey Graham, advising that he will soon introduce a proposal in the Senate that seeks …

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Italian gambling advertising will be restricted but not banned

1 Mar 2014

Industry fears that Italian politicians were moving toward a ban on internet gambling advertising (see previous reports) have been assuaged by news coming from Italy’s House of Representatives that TV and radio advertisements will have limitations imposed, but no ban. Lawmakers have approved a proposal this week that introduces some limitations by modifying the current …

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Sensitive customer information stolen in Las Vegas Sands hack

1 Mar 2014

Further revelations on the international hack of Las Vegas Sands corporate websites confirm that the intrusion and theft of data was far more serious than it was initially portrayed. In the latest developments, US media has accessed Securities and Exchange Commission filings by the company which show that the hackers were able to access and …

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Nevada revenues decline 3 percent

28 Feb 2014

The latest land gambling stats from the Nevada Gaming Control Board show that revenues declined 3 percent year-on-year in January 2014 to $884 million. The Associated Press news agency reports that Las Vegas Strip winnings of just under half a billion dollars were down a little more than 1 percent, whilst downtown Las Vegas winnings …

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Betclic ‘shocked’ at news from Belgium

28 Feb 2014

The news that the Belgian Gaming Commission and state prosecution agencies had seized Euro 600,000 of Betclic’s funds held in Belgian financial institutions on allegations that the company had provided unlicensed gambling services to Belgian punters (see previous  reports) appears to have shocked the French company, which reacted Friday by saying it was completely surprised …

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Online revenues continue to grow at William Hill plc

28 Feb 2014

The British land and online gambling group William Hill plc released its results for the 52 weeks ended December 31 2013 Friday, noting that it is to cut costs by around GBP 20 million in 2015 to accommodate the new UK point-of-consumption tax on remote gambling activity. Finance Director Neil Cooper estimates that the new …

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