77.88 percent of SHFL shareholders have voted in favour of the merger agreement with Bally Technologies, Inc. at a special shareholders meeting Tuesday, completing one of the conditions required to finalise the acquisition. The transaction is still subject to regulatory approvals and other customary closing conditions.
Caesars Acquisition Co., the spinoff from Caesars Entertainment Corp. that gives investors a separate stake in the parent company’s online gambling business, debuted on the Nasdaq exchange Tuesday with the share price climbing on its first day of trading. Caesars offered shareholders the right to buy stock in the subsidiary for $8.64 a share to …
Atlantic Club, the Atlantic City casino notorious in the industry for backing out of an acquisition deal with Pokerstars and making off with around $11 million of its money is now not only bankrupt, but about to be auctioned off. Owners RIH Acquisitions NJ LLC will accept sealed bids until December 16 this year with …
The man widely credited with driving the legalisation on intrastate online gambling in New Jersey, state senator Ray Lesniak, triggered industry interest Tuesday by revealing that he has plans to expand internet gambling which will be unveiled at a press conference scheduled for Thursday 21 November. However, Lesniak kept reporters guessing by refusing to disclose …
New Jersey state Senator Ray Lesniak, the lawmaker who played a leading role in the legalisation of New Jersey intrastate online gambling has come out with guns blazing over land gambling baron Sheldon Adelson’s planned political and publicity campaign to federally ban internet gambling. Lesniak said Tuesday that Adelson’s campaign would lead to the loss …
Provocative and annoying Spanish government tactics impacting the major online gambling jurisdiction of Gibraltar and the thousands of Spanish and British people employed there by the industry have been a source of irritation for much of this year, with excessively delayed border entry repeated violations of Gibraltar’s territorial waters. More maritime trespassing on the 18 …
A deal sealed between 888 Holdings PLC and the Delaware Lottery has come to fruition with the launch of online poker, casino table games and casino slots in Delaware. 888 Holdings PLC is the primary vendor team, along with Scientific Games, selected to operate internet gaming systems and services in the state for an initial …
The Hoff a.k.a David Hasselhoff is back in another slot release titled Hoffmania from Novomatic subsidiary GreenTube. The All Pay slot features “The Hoffinator” himself and provides players the opportunity to play a bonus round while receiving a message from the Hoff. Stargames is the first to launch the game in full cash wagering capacity …
Former Chief Minister, Sir Peter Caruana, has spoken out in an interview with The Times on plans for the UK Government’s POC tax saying they will cause significant damage to the economy of Gibraltar. According to Caruana, who is acting as a consultant to the Gibraltar Betting and Gaming Association, the impact would be huge …
Research compiled by broadcasting regulator OFCOM has revealed a nine-fold increase in Gambling TV advertising since 2006. The 152 000 gambling advertising spots on TV recorded in 2006 have risen to 1.39 million in 2012 of which 38.3 percent advertised bingo. The research categorised gambling advertisements into four sectors namely; online casino and poker; sports …
Scientific Games Corporation has separated the roles of Chairman and chief executive officer held by A. Lorne Weil with the appointment of David L. Kennedy (66) as Chief Executive Officer with immediate effect and Ronald O. Perelman as Chairman. Without disclosing the reasons for his departure, Weil steps down despite the company saying in September …
Irish gambling firm Paddy Power reports a good underlying performance but a negative impact from unfavourable sports results in its latest interim management statement for the period July, 1 to November 17, 2013. Key performance indicators include: – Group sportsbook amounts staked up 14 percent. – Group net revenue up 7 percent. – Online (ex …
Malta-based online games provider World Match will distribute an online and mobile slots portfolio on Lottomattica.it and Totosi.it following a deal announced this week. Lottomatica has taken a selection of slots designed specifically for the Italian market, all include a progressive jackpot feature that links between both Web and Mobile versions of the game. “Having …
Following the annual summit on tribal issues held in Washington DC over the weekend, a number of small northern Midwest tribes came together in a separate meeting to discuss pooling resources with a view to expanding into the burgeoning US online gambling market, reports the Washington Post. Organising the project is a Washington DC lawyer …
The National Council of Legislators From Gaming States (NCLGS) is poised to offer guidance to US states who decide to take the state-by-state route to online gambling regulation and licensing, according to a press release from the organisation. With more states set to follow the example of Delaware, Nevada and New Jersey, several US states …
A press release from the Malta online gambling regulator the Lotteries and Gambling Authority reveals that new chief Joseph Cuschieri was refreshingly candid in his address to the Malta iGaming Seminar on the Mediterranean island recently. In October the industry was taken by surprise when LGA chairman Mario Galea and CEO Reuben Portanier suddenly resigned …
The unpleasant and very public proxy fight for seats on the Board of International Gaming Technology earlier this year will probably be remembered by Our readers; this week there was a sequel when Daniel Silvers – the only Ader Investments representative to actually take up a seat on the board – resigned after just eight …
Two New South Wales police officers are under investigation by the New South Wales Police Integrity Commission for using ID documents bought from fellow officers to disguise the identities of professional gamblers playing at a number of online betting sites. ABC News reports that the Commission is enquiring into the affairs of Senior Constable Marc …
Siem Reap provincial police in Cambodia have arrested nine South Korean and four Cambodian nationals for illegal online gambling following a month-long investigation and surveillance on a local club, senior provincial officials said Monday. The Phnompenh Post reports that the men were arrested during a police operation late Saturday night. Provincial police chief major general …
In what is being seen by many industry insiders as an oblique riposte to the news that land casino owner Sheldon Adelson is mount a well-funded campaign against the legalisation of online gambling, the American Gaming Association issued a statement Monday reiterating its support for regulated and licensed online poker. The trade body’s CEO and …
A new TV campaign is yielding impressive results for the William Hill Vegas Casino’s new app, pushing it to the No. 1 ranking in the Apple ‘Free Casino’ chart just hours after the TV campaign kicked off. According to a company statement, 11 000 people downloaded the app in less than a week following the …
Group Chairman of Optimal Payments plc, Dale Johnson, will step down as of November 20, 2013. The parent group of Neteller and Netbanx made the announcement Monday saying Johnson would also leave the board of directors due to a change in personal circumstances. Johnson, who was appointed chairman of the board in 2007, said “It …
Betfair’s chief technology officer Phil Dixon has left the company, joining Tillster Inc. at the beginning of November. Dixon takes almost two decades of senior leadership experience to Tillster Inc., a rebrand of EMN8, a digital ordering and engagement platform for the multi-unit restaurant industry. As Tillster’s chief technology officer, Dixon will use his experience …
High 5 Games has unveiled a number of new slot game releases across various platforms. Wild Rodeo, a 4×5 reel game offers Facebook players on the company’s social High 5 Casino offering 178 ways to win, connected lines and Wild connections. Dream Beauty features an Enduring Bonus that doesn’t end until a certain condition is …