Gambling news - page 941

Australia good bet for international operators

12 Aug 2013

Australian media widely discussed the pros and cons of the William Hill acquisition of Aussie online bookie Tom Waterhouse.com  in mainly op-ed pieces over the weekend, and the impact the deal will have on the future of online gambling Downunder. Several commentators noted that, for a variety of reasons, Australia presents a tempting opportunity for …

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Paddy Power gearing up for New Jersey online gambling

12 Aug 2013

UK land and online gambling group Paddy Power, already in possession of a Nevada intrastate online poker licence, has ambitions in New Jersey as well, and has submitted an application for a wider online gambling licence in that state, a company spokesman told the Irish Times over the weekend. “We want to make sure that …

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Betfair extends Featurespace contract

9 Aug 2013

Online gambling group Betfair has signed an extended five-year anti-fraud technology partnership with Cambridge University-associated Featurespace, the company disclosed this week. The two companies have been working together successfully for the past five years, allowing fraudulent behaviour to be predicted and identified in real time by analysing relevant data. The extended partnership includes an upgrade …

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Gaming Media Group loses three top execs

9 Aug 2013

Rumours swirling around the industry Friday were that three senior execs with online gambling operator Gaming Media Group were moving on for as yet undisclosed reasons. The three were named as chief executive officer and founder of GMG, Crispin Nieboer; chief operating officer Grant Williams; and financial director Shaun Barron. In Nieboer’s case, a recent …

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Aussie plan to ban credit card betting

9 Aug 2013

With a contentious federal election looming, it is not surprising that Australian politicians are starting to pose and posture, with gambling a premier and in recent times high profile target. The Herald Sun covered the latest political grandstanding Friday, reporting that Opposition leader Tony Abbott wants to ban Aussie gambling companies – especially those online …

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Hawaiian man jailed for facilitating online gambling

9 Aug 2013

A federal judge in Hawaii sentenced a local man to a year and eight months in prison this week for running an illegal online gambling business. The Associated Press news agency reported from Honolulu Friday that U.S. District Court Judge Leslie Kobayashi sentenced 45-year-old Eric Ford, who pleaded guilty and has already forfeited nearly $130,000 …

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Is Sen. Reid about to put a spoke in the online gambling wheel?

9 Aug 2013

A report in the publication Global Gaming Business has industry observers talking this week; citing a “high ranking source” GGB claimed that Senate Majority Leader and Nevada Democrat Harry Reid has been threatening to toughen up the Wire Act in an unspecified way if a federal legalisation solution is not achieved. No substantiation for the …

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Tabcorp calls for more restrictions on foreign online gambling operators

9 Aug 2013

Speaking to analysts and media following the release of Tabcorp’s latest results Friday , CEO David Attenborough urged the Australian government to impose restrictions on offshore internet gambling operators marketing online gaming to Australians. ”An offshore operator should not be allowed to take an Australian resident bet,” he said, according to a report in BusinessDay. …

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New football sponsorship for bwin

9 Aug 2013

Bwin.Party Digital Entertainment and Olympique de Marseille football club announced a new sponsorship deal Friday that will see the Bwin brand become OM’s official online betting and gaming partner. The betting company says that the three-year partnership will boost the profile and status of the Bwin brand in France and strengthen its position as Europe’s …

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William Hill acquisition of Tom Waterhouse confirmed

9 Aug 2013

The Australian business press is reporting that bookmaker Tom Waterhouse has sold his online betting business to British gaming company William Hill for A$34 million, plus an earn-out agreement that could see him ultimately receive up to A$100 million. The price includes the assumption of around A$6 million in debts and up to A$70 million …

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Betsoft launches Greedy Goblins online slot

8 Aug 2013

Online gambling games developer BetSoft Gaming has released the latest game in its Slots3 series, titled Greedy Goblins. Greedy Goblins is the sequel to the popular Slots3 title Once Upon a Time, and the goblins have returned to wreak larcenous havoc on the brilliant, innocent elves of Elfania. The game is played from the perspective …

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William Hill – Waterhouse deal imminent

8 Aug 2013

The acquisition of Aussie bookmaking firm Tom Waterhouse’s online betting interests by William Hill plc has moved a step closer, according to reports late Thursday in The Telegraph newspaper. The report claimed that an announcement on the deal, said to be worth A$30 million (GBP 17.6 million) will be made tomorrow (Friday), and that Will …

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Merger for French online gambling regulator?

8 Aug 2013

French media reports indicate that National Assembly politicians have introduced a bill proposing a merge of the online gambling regulator L’Autorité de regulation des jeux en ligne (ARJEL) with anti-doping authority l’Agence française de lutte contre le dopage (AFLD). The combined body will be known as the Authority on the Integrity of Sport and Online …

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Net profit down in Q2-2013 for Tipp24

8 Aug 2013

German online gambling group Tipp24 SE has posted Q2-2013 statistics, claiming that it has maintained successful progress in the first half of 2013, and anticipates meeting full-year expectations. Consolidated revenue – generated almost entirely abroad – was up 12.1 percent to Euro 76.4 million (prior year: Euro 68.2 million), while consolidated EBIT of Euro 21.4 …

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Bulgarian gambling commission chief replaced

8 Aug 2013

The announcement by Bulgaria’s Minister of Finance Petar Chobanov Thursday that Ognemir Mitev is to head the State Commission for Gambling inevitably triggered speculation that the ill-timed publication of an online gambling black list last week may be at the root of the appointment. Ivan Enicherov, who Mitev is to replace, has only been in …

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Nevada Gaming Control Board grants online licensing extensions

8 Aug 2013

On Wednesday the Nevada Gaming Control Board granted three companies that have already been given preliminary approval toward online poker licensing six month extensions. The Las Vegas Sun reported that preliminary approvals granted to ACEP Interactive at the Stratosphere, South Point Poker and Monarch Interactive at the Atlantis hotel-casino in Reno had been extended to …

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Data mining can help identify problem gamblers

8 Aug 2013

ABC News studied the problem of identifying potentially compulsive gamblers Wednesday in an article which carried within it a reminder of the significant value delivered by a major Bwin – Harvard Medical School collaboration during a 2005 study of the subject. The article recalled the project, in which Bwin delivered massive amounts of relevant gambling …

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Five new releases from Microgaming

8 Aug 2013

Online gambling software and games developer Microgaming has released its customary monthly set of new games, this week launching five new offerings on the international market. Heading the list is an amusingly risque 5-reel, 20-payline dubbed Sweet Harvest, which comes in both Download and Instant Play format and features a romantic twist on gathering in …

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Three Powerball multi-millionaires

8 Aug 2013

This week’s massive $448 million Powerball lottery jackpot in the United States will be split three ways to lucky ticket holders, the Associated Press news agency reports. Two of the winners are located in New Jersey and the third is in Minnesota, official sources have revealed. Sue Dooley, senior drawing manager and production coordinator for …

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Megafortune progressive online slot delivers again

8 Aug 2013

Wide-awake online players at NetEnt online casinos Thursday are reporting that Net Entertainment’s major progressive slot Mega Fortune has again been hit – this time for Euro 3.75 million. No official details were available when we went to press, but if true, this win comes a remarkably short time after a Euro 5.3 million jackpot …

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Bitcoin is officially a currency?

8 Aug 2013

The specialised publication CoinDesk reports that a judge in Texas has ruled that Bitcoin is a currency or form of money, which gives the U.S. Securities and Exchange Commission (SEC) the go-ahead to sue Ponzi scheme operator Trendon Shavers. US magistrate judge Amos L. Mazzant heard the SEC’s case against Shavers, founder and operator of …

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New games from CWS

8 Aug 2013

Online gambling games developer Casino Web Scripts has released a further six games, bringing its inventory to over 130 offerings. “Ultimate Greyhound Racing” is a multiplayer greyhound arcade race game that offers its players a complete betting experience, with spectacular animations. “Treasure of the Wild Bear” is a fun game which sees a family of …

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Another 44Wager defendant pleads guilty

8 Aug 2013

56-year-old Joseph Borea became the latest 44Wager.com defendant to plead guilty Wednesday, appearing before U.S. District Judge Vanessa L. Bryant in Hartford, Connecticut on one count of conspiring to violate the federal Racketeer Influenced and Corrupt Organizations Act (RICO) stemming from his involvement in organised-crime controlled online sports betting. The US activities of individuals associated …

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H1 operating profit plunges at Ladbrokes

8 Aug 2013

On Thursday, one of Britain’s biggest online and land gambling groups, Ladbrokes plc, turned in the lacklustre H1-2013 results it had earlier warned on, posting a plunge in operating profits of almost 20 percent to GBP 85.7 million, caused primarily by slow business in the group’s over 2,000 retail betting outlets, higher costs and taxes. …

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