Gambling news - page 940

British government moves on online betting tax regime

16 Aug 2013

The British government published its long-awaited new online gambling taxation framework Friday, zeroing in on offshore companies wishing to access the UK market following its adoption of a point-of-consumption definition of online gambling. Offshore companies servicing Brit punters are likely to be hit with around GBP 300 million in taxes, observers noted. And non-compliance could …

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Vietnamese moving toward football sports betting

16 Aug 2013

The Vietnamese newspaper Thanh Nien News reports that lawmakers in the Asian country agreed in principle Wednesday with a government proposal to legalise gambling on international soccer matches, saying the legal framework for this should be strengthened to curb negative activity. Vietnamese citizens are currently allowed to gamble on local horse and greyhound races, but …

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Geolocation can locate a gambler to within 5 feet, says Locaid

16 Aug 2013

Talking to GamingWatch this week, geolocation company Locaid’s CEO Rip Gerber said that the technology his San Francisco-based company supplies is spoof proof and can locate the position of a punter to within 5 feet. The company has applied for online service provider licensing in Delaware, New Jersey and Nevada, all states that have embraced …

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Plano police profit from online gambling bust

16 Aug 2013

The police department in Plano City, Texas is better off to the tune of almost $5 million this week following receipt of a share of the spoils from a successful federal online sports betting bust of a Curacao-licensed gambling ring. The department assisted IRS and FBI investigators in breaking up the organisation in 2006, and …

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Online charity gaming defendant asks for a different trial venue

16 Aug 2013

Kelly Mathis, a Florida lawyer who has been listed as a key defendant in the widely publicised Allied Veterans of America online gambling bust earlier this year says that he wants to be tried in Jacksonville, where the crimes he is accused of committing allegedly occurred. The gambling bust resulted in the resignation of a …

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U.S. film producer gets into social gaming for land casinos

16 Aug 2013

US film producer and serial entrepreneur George Zaloom boosted his new GoPlay social gaming venture this week with a contribution to the Gamble of Social Casino Game Distribution discussion at the Casual Connect conference in San Francisco, recommending that both developers and publishers embrace new game platforms that enable them to easily expand their distribution …

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Revenue, earnings both up at Bally Technologies

16 Aug 2013

The US casino game equipment and online games technology provider Bally Technologies has claimed a record breaking fourth quarter with EPS up 22 percent to 95 cents as sales climbed 8 percent to $264.4 million. During the quarter Bally acquired SHFL Entertainment (SHFL) for $1.3 billion, expanding its influence into Canada and S. Africa, and …

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Aussies to study social gaming implications

15 Aug 2013

Dr. Sally Gainsbury, a high profile problem gambling researcher at the Centre for Gambling Education and Research at Southern Cross University in Australia, is heading a research team exploring the implications of social network gambling and its convergence with real-money gambling. Gainsbury claims there has been little research on the burgeoning field and its impact …

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New online odds comparison site for Aussies

15 Aug 2013

Aussie punters have a new weapon in online odds comparison at their disposal with the launch of Australia’s first dedicated bookmaker comparison website BestOdds.com.au. The new site processes 16 million odds fluctuations every day from every major bookmaker in Australia, showing users a price change in just 1-2 seconds. Built on advanced stock market technologies, …

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Playtech debuts latest Marvel slot

15 Aug 2013

Playtech has launched its latest Marvel slot, Wolverine and its proving popular with the punters. The game is linked to the Marvel Multi-Level Progressive that includes other Marvel branded slots such as X-Men, Captain America, Iron Man, Thor, Avengers, The Incredible Hulk and Fantastic Four. Wolverine stars in this 3D, graphic-rich offering as he battles …

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SBOBET ties up Hull City Tigers

14 Aug 2013

Asian-facing SBOBET has signed another English football club sponsorship, this time the Hull City Tigers. The exclusive commercial agreement will see SBOBET become the club’s official Asian betting partner along similar lines to deals signed recently with Norwich City and Swansea City . “We are delighted to announce a new deal with SBOBET as the …

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New broom sweeps house at Zynga

14 Aug 2013

Don Mattrick, the newly appointed chief executive officer at social gaming firm Zynga, has announced sweeping changes to the company’s top management structure. Following a review of the company, Mattrick has initiated a flattening of the executive management structure that will see the abrupt departure of three top-line executives named as chief operating officer David …

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No more Slingo for Zynga

14 Aug 2013

A new decision by social gaming giant Zynga had the industry chattering Tuesday as news broke that the company is shuttering its branded version of the popular slot-bingo online game developed by Slingo after around eighteen months of operation under a Slingo licence. With immediate effect Zynga Slingo has stopped signing on new players, and …

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Italy adds 34 new sites to online gambling blacklist

13 Aug 2013

The Italian regulator AAMS has added another 34 websites to its online gambling black list, bringing the total of ISP-banned internet venues to a staggering 4,513. Among the latest sites added sports betting operations are the most noticeable, with mirror websites for big names like Bwin, Betfair and Unibet included. Italian internet service providers have …

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German banker stole from clients

12 Aug 2013

A 39-year-old German banker reportedly “took Euro 8.4 million from customers” over a three year period to feed his gambling addiction. A Stade District Court heard the man took and pocketed cash from customers’ accounts 156 times instead of investing the money has he was entrusted to do. According to thelocal.de, amounts ranging from between …

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New UK staking operation launched

12 Aug 2013

A new UK operation at Stake Me To Play.com has opened its virtual doors offering staking contracts for poker players. The company in its promotional blurb promise players who sign up : –       A guaranteed minimum monthly income (T&C’s apply) –       Industry leading profit splits –       A bespoke “poker HQ” and social hub –       “Unbelievable” …

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OPAP privatisation deal completed

12 Aug 2013

The OPAP / Emma Delta deal was finally signed Monday following protracted delays related to third party supplier tender awards. The Czech-led private equity consortium acquired a 33 percent stake in OPAP for Euro 652 million, the proceeds of which will fatten the cash-strapped Greek Government’s coffers. Final approval of the transaction is required by …

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Amaya Gaming approved to list common shares on TSX

12 Aug 2013

Amaya Gaming Group has received conditional approval from the Toronto Stock Exchange (TSX) to graduate from TSX Venture Exchange and list its common shares. “Our graduation to TSX will be another significant milestone for Amaya,” said David Baazov, chief executive officer of Amaya Gaming Group Inc. “It will increase our profile and will provide us …

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SIS appoints Gala Coral COO

12 Aug 2013

Satellite Information Services (SIS) has appointed industry veteran Richard Lang to the position of commerce and operations director. Lang joins SIS from a 25-year long tenure at Gala Coral Group, his most recent position serving as chief operating officer. Gary Smith, chief executive officer of SIS, said: “Having represented one of our major clients, Richard …

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Comedy in new Betvictor TV push

12 Aug 2013

BetVictor’s latest promotional push includes a series of three TV ads with the first promoting its football odds in the lead-up to the Barclays Premier League season. Comedian Paul Kaye plays the role of Maurice, an excitable bettor who skydives down onto a high-speed train in the hopes of getting the inside scoop from Betvictor …

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Online casino DDoS blackmailers arrested

12 Aug 2013

Two Polish men Piotr Smirnaw (31) and Patryk Surmacki (35) were reportedly arrested by British authorities in connection with a 36-hour DDos attack on Manchester-based online operation Club World Casino, as they passed through Heathrow Airport. The alleged attack on August 2, 2013 bombarded the website with traffic preventing customers from access. The duo have …

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Bet-At-Home half year 2013 results

12 Aug 2013

Online gaming and sportsbetting firm Bet-At-Home released its first half year 2013 results affected it says by the closure of unprofitable businesses in the first half of 2013, the introduction of the German sportsbetting tax and higher sales volumes recorded in the comparison period last year due to the European Football Championship. Key performance highlights …

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Norwegian folk tale slot from Genesis Gaming

12 Aug 2013

Genesis Gaming recently launched a graphic-rich video slot for the web and mobile channels titled East of the Sun, West of the Moon. The game, themed on an old Norwegian folktale of a young girl on a journey seeking to break a spell, features eye-catching images of Norway’s impressive snow-covered mountains along with illustrations of …

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Betsson take on Probability Jones games

12 Aug 2013

Software developer Probability Jones has licenced four of its formats to the Betsson Group which will be delivered via NYX Interactive’s OGS platform. The four new games titled Blackjack Players’ Choice, Six Shooter, Sharp Shooter and Odd One In are to be released on Betsson.com and its B2B partners during the fourth quarter, 2013. Probability …

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