Gambling news - page 945

Way open for Virgin Isles to focus on online gambling

1 Nov 2013

A Virgin Islands online gambling law that was passed 12 years ago but never really implemented is set to be fully deployed following confirmation by the islands’ governor and Casino Control Commission this week. The Virgin Islands Internet Gaming and Internet Gambling Act will enable the U.S. Virgin Islands to boost its flagging economy with …

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Major Italian online operator adds iSoftBet games

31 Oct 2013

FENGaming, one of Italy’s biggest and most reputable internet sports betting platforms, has added a selection of iSoftBet games to its gaming suite, making the games available to FEN subsidiary companies. Included in the selection of iSoftBet games is an array of premier branded slots alongside more traditional top-earning Vegas-style online casino games like Absolute …

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Odobo in first content deal with online gambling operator

31 Oct 2013

HTML5 games supplier Odobo has signed a content deal with UK online gambling group bet365 that will see the operator offering its players a wider selection of games developed by game studios using Odobo’s unique Game Development Kit. Two new games, The Legend of Olympus from Rabcat and Baccpo from AppleJack Gaming, have already been …

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Slovenia plans new gambling legislation

31 Oct 2013

Slovenian land and online gambling will be regulated under a new Gaming Act overseen by a regulator reporting to the Finance Ministry from next year. The government has, as a member of the EU, taken the first mandatory steps in notifying the European Commission of its intentions and presenting a draft proposal for comment. Local …

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Another big online gambling bust in China

31 Oct 2013

Following the completion of investigations, police in Guangdong, China have released details of another online gambling ring shutdown, this time in the Zhuhai special economic zone bordering Macau last month. The publication China.org reports that fifteen foreigners from Malaysia, Indonesia and Singapore were among the 21 persons arrested in the operation, which broke up a …

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Minnesota lawmakers concerned over online gambling expansion

31 Oct 2013

Minnesota state lawmakers interrogated state lottery officials Wednesday at a hearing of the House Commerce and Consumer Protection Committee on the broadening sales platforms used by the lottery. Several legislators said they were concerned about the lottery’s push into Internet ticket sales and games, and how much further virtual gambling might go, the local newspaper …

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Cyprus police shut down online gambling base

31 Oct 2013

Police in Cyprus have continued to pursue illegal online gambling operators on the island, reporting that officers from the crime prevention unit and the electronic data forensic laboratory raided a shop in Yeroskipou Tuesday evening. The officers seized nine computers, money and other evidence, but no arrests were made. The computers are now being inspected …

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Online wagering boosts Churchill Downs numbers

31 Oct 2013

Online operations were an important positive contributor to US racing company Churchill Downs third quarter results, released Wednesday by the company. Betting on TwinSpires.com, Churchill’s online advance-deposit wagering platform, grew 7.3 percent, and online operations reported a 6 percent revenue rise to $48.5 million, raising the online division’s earnings by 31 percent. Churchill reported a …

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NetplayTV acquires e-gaming division of Sportech

31 Oct 2013

The UK interactive television gambling group NetPlayTV has purchased Vernons.com, the e-gaming division of Sportech plc, from Sportech (Alderney) Limited. Vernons.com operates an online casino, bingo, poker and sports book, and the acquisition includes the brand, customer database of 367,000 players and various other gaming assets. The purchase, through the group’s subsidiary NetPlayTV Group Limited …

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bwin.party divestments pave the way for New Jersey online gambling licence

31 Oct 2013

Party Gaming founders and subsequent major shareholders in the merged Bwin.Party online gambling group, Ruth Parasol and Russell DeLeon, have elected to put their shares into divestiture trust accounts to pave the way for the group to obtain New Jersey online gambling licensing. Industry observers have speculated that the arrangements may be designed to alleviate …

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Court favours HMRC in Rank Group VAT appeal

31 Oct 2013

The Rank Group Plc (Rank) has applied for leave to appeal to the Supreme Court following a ruling handed down by the Court of Appeal in favour of HM Revenue & Customs. The case concerns a claim for overpaid VAT between 2002 and 2005 . Rank was awarded the HMRC refund amounting to GBP 30.8 …

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EveryMatrix modernises branding image

31 Oct 2013

Gaming platform provider EveryMatrix has brightened up its image with new product logos carrying a fun and vibrant vibe. EveryMatrix’s new website delivers a modern, colourful design and simple navigation featuring tailored product information relevant to prospective clients and detailed, yet easy to read, information on each product and its suitability and range for the …

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Sheriff Gaming Alderney licence remains suspended

31 Oct 2013

The Alderney Gambling Control Commission (AGCC) has reported back on its closed hearing with Sheriff Gaming parent company Bubble Group BV , saying only that its Category 2 Associate Certificate remains suspended until further notice. No additional details were provided.

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Social games association launch best practice principles

31 Oct 2013

The International Social Gaming Association (ISGA), a body that emerged following a merger between The Social Gaming Association (SGA) and the International Social Games Coalition (ISGC) in September , has developed a set of best practice principles for the social games industry. The set of best practice principles covers five areas which are intended to …

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Online gambling operations a bright spot in Caesar’s third quarter

30 Oct 2013

The super-debt of US land gambling giant Caesars Entertainment, currently at around $23.8 billion, continued to weigh heavily on the group’s third quarter results released this week. The group posted a $761.4 million loss in the quarter, with debt servicing gobbling up $563 million from revenues that were just 0.7 percent up at $2.18 billion. …

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Social gaming expert says there’s a divide with gambling

30 Oct 2013

The difference between gamblers and social gamers is that the former want to win, whereas the latter additionally want to enjoy the networking ambience, is the message one social gaming expert appeared to be putting across in an article on Geekwire this week. Paul Thelen, the CEO of Seattle-based social games developer Big Fish cautioned …

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Net Entertainment confirms major online jackpot hit

30 Oct 2013

Net Entertainment has confirmed weekend speculation on a massive progressive slot win on its Hall of the Gods jackpot. The massive jackpot of Euro 6.4 million was awarded to an unidentified Scottish punter playing at BetVictor Casino. This jackpot win shortly follows another large hit just days ago when Net Entertainment’s Mega Fortune slot jackpot …

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New games from Rival and RTG

30 Oct 2013

This game features a Bonus Round triggered by the appearance of three or more Pirate Ship icons anywhere on the screen.  Players must fire their cannon on enemy vessels and collect the booty as the ships sink down to Davey Jones’ Locker. Lady Red, the pirate princess, will grant players a free spin feature should …

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Intralot launch interactive operations in poland

30 Oct 2013

Intralot subsidiary in Poland, Totolotek, has launched interactive operations in Poland following its award of a 6-year betting licence from the Polish Ministry of Finance in July. Totolotek, in collaboration with Intralot Interactive, is offering Polish players a Fixed Odds Betting product which includes Live Betting and Football Pool Games. Accessible through totolotek.pl, the games …

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Social game developer to enter real-money online gambling sector

30 Oct 2013

Social gambling developer Bee Cave Games is to enter the real-money sector with three new online slots, reports the publication Venturebeat. Three multi-player slots titles — Creatures of Wonder, Treasure of the Tides, and Wilderness Jackpot — will join the company’s existing Blackjack Casino title, which is accessible through Facebook and mobile channels. Jeremy Strauser, …

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Myclubbetting.com appointed rugby league betting partner

30 Oct 2013

My Club Betting.com, an online betting service provider, has been appointed official betting partner to the UK Rugby League World Cup 2013. Participating clubs earn a percentage of profits made from betting activity, and My Club Betting provides and manages a fully featured website in club colours and branding identity, along with marketing services to …

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Stan James in horse racing sponsorship moves

30 Oct 2013

The Cheltenham Racecourse has announced that online and land betting group Stan James has renewed its sponsorship of the Champion Hurdle and is backing two more leading trials for the hurdling showpiece on the “Road To Cheltenham”. The newly-supported races are both run on Sunday, November 17 – the StanJames.com Greatwood Hurdle at Cheltenham and …

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Continued strong performance from Playtech in Q3-2013

29 Oct 2013

The Isle of Man-based online gambling provider Playtech plc has posted another set of strong quarterly performance results, reporting that group revenues rose 16 percent, boosted by a 24 percent rise in casino returns and growing sports betting success. Reporting on performance in the three months ended September 30, the company highlighted the following quarter-on-quarter …

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Cantor Gaming faces probe on money laundering

29 Oct 2013

Federal and Nevada state authorities are currently investigating Cantor Gaming, according to a report in the Wall Street Journal this week, which claims that questions have been raised regarding Cantor’s reportage on suspicious transactions required under money-laundering regulations. Earlier this year Michael Colbert, the former chief bookmaker of Cantor Gaming, pleaded guilty to fraud conspiracy …

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