Applicants hoping for online gambling licenses in New Jersey who have not properly completed their paperwork received a wakeup call from the state Division of Gaming Enforcement this week, which circulated a letter warning that incomplete applications could slow down the approval process, and asking for details of the official responsible for the application process …
LaserLock Technologies, a high tech company involved in authenticating products and persons, announced Friday that it has filed a provisional patent application entitled “System For Correlation of Independent Authentication Mechanisms”. A company spokesman said that the system authenticates human subjects using three independent factors simultaneously, creating a simple user experience and a higher degree of …
A new study by researcher Companies and Markets.com predicts that the global casino gaming industry will achieve a compound annual growth rate (CAGR) in revenues of around 9.2 percent per annum, with the fastest growth coming from Asia Pacific (18.3 percent) and Latin America (8.1 percent). The US market is expected to grow at 5 …
Worcestershire, UK-based The Weather Lottery has acquired another Isle of Man business for more than GBP 420,000 and appointed a new chief operating officer. In acquiring payment processor Sormelle, the company said it said was the next important element of its strategy of buying or developing new gaming and payment products. Sormelle, through its wholly …
A report on rumours that internet leviathan Google is considering an acquisition move on struggling online gambling group Bwin.Party Digital Entertainment was enough to boost the gambling group’s share price late Thursday as the news spread. Geoff Foster of the UK publication This is Money set things in motion in reporting on the rumour, which …
Win, the social games developer owned by the Bwin.Party online gambling group, has launched its latest product, branded Stardust Casino, which it claims “…re-lives the glory days of one of the Las Vegas Strip’s most fabled casinos.” Developed in partnership with Boyd Gaming Corporation, one of Bwin’s US land casino partners, Stardust Casino invites players …
The UK Gambling Commission appears to be making a detailed and conscientious effort to get player input on its Licence Conditions and Codes of Practice for remote gambling operators as it moves towards next year’s secondary licensing regime for offshore operators wishing to access the British market. Earlier this week the Commission advised that it …
Online casino operator 32Red has posted another impressive set of half-yearly results, reporting record performance numbers in H1-2013. Highlights of the report included: * Strong growth in mobile operations, which now deliver 17 percent of revenue – well up from 8 percent in the comparable period last year. * Total sales up 15 percent year-on-year …
The tax problems of Swedish online gambling software developer Net Entertainment appear set to continue following a decision on review by the Swedish Tax Agency that its original assessment is to stand. On Thursday the company announced that it is not satisfied with the results of the review and will continue invoking the appeal process …
The Alderney Gaming Control Commission’s suspension of Sheriff Gaming parent Bubble Group’s licence earlier this week has triggered a reaction from the Dutch company. In a statement Thursday, Bubble Group notes the licence suspension hearing scheduled by the AGCC for October 29 in London, and welcomes the opportunity this will present for the company to …
The Court of Justice of the European Union (CJEU) has again confirmed the well-established principle that Member States cannot restrict national gambling markets to protect the commercial interests of incumbents or for other economic reasons. The latest ruling, handed down Thursday, adds that national laws which prohibit cross-border gambling, irrespective of the form in which …
Another company interested in the social gaming trend emerged this week when the Hungarian social gaming developer Mgame Solutions Corporation launched its slots and video poker games online, complementing its core social poker system. CEO Gabor Dan said that new casino games were in development and would be added to the inventory on a regular …
Because it only launched in mid-2012, year-on-year performance comparisons in the Spanish online gambling market are not yet possible, but looking at the latest quarterly reportage from regulator La Dirección General de Ordenación del Juego, progress is slow and halting. Figures for Q2-2013 released by the DGOJ this week portray a struggling sector: * Gross …
The Belgian Gambling Commission, Kansspelcommissie (KSC), has put out a call for participation from industry volunteers and players alike in two seminars due to take place on 30 and 31 October 2013 at the Egmont Palace in Brussels. The seminars will form a review of the current online gambling legislation which includes an evaluation of …
Game developer Rival has launched its latest 5-reel, 25-payline offering titled Coins of Olympus. Featuring Greek Gods and Goddesses, the legendary winged horse Pegasus and gold and silver coins which trigger free spins and expanding wilds, its base game offers a maximum win of 4000 coins. A Hermes Bonus Round is triggered when landing three …
Geonomics, previously known as Roboreus, has recently added a second-chance offering to its GeoSweep portfolio titled Treasure Hunt, an instant-win treasure-finding game for the US lottery market. The launch of the new product and a corporate rebrand follows a GBP 10 million investment by Tipp24 for a 25.7 percent stake in the company finalised in …
GameAccount Network, a UK software developer and supplier to the regulated online gaming industry, has launched an initial suite of online slot games for Italian operator Sisal. The multi-year deal enables Sisal’s online customers to engage in playing GameAccount’s portfolio of third party slot games delivered online into Italy via GameAccount Network’s Internet Gaming System …
A Pennsylvanian politician is currently defending his reputation after a federal ‘sting’ investigation and wiretap exposed a telephone conversation with an illegal sports betting operator that appears to suggest the suppression of a problem gambling complaint, according to widespread mainstream media reports in the US Tuesday. Pennsylvania Representative Marc Gergely, a Democrat from Allegheny, gave …
Atlantic City land casino operators continued to battle in August 2013, reporting year-on-year revenues down 4.8 percent to $298.1 million to the New Jersey Division of Gaming Enforcement. In the year to date, the casinos have seen gambling win drop from $2,165,233,990 in the same period in 2012 to $1,973,173,496 so far this year. Overall …
This week marks the start of the U.K. Gambling Commission’s consultation phase on remote (online and mobile) gambling licence conditions and codes of practice in preparation for the introduction of the secondary licensing and taxation regime next year…and it presents an opportunity for interested parties to submit views and suggestions. Hopes are high that the …
Bubble Group BV trading as gaming developer Sheriff Gaming has had its Alderney Gambling Control Commission (AGCC) licence suspended pending a regulatory hearing. The AGCC investigation was prompted following a large scale investigation into the three successful young millionaires behind the company by the Dutch Prosecuting Authority, Kansspelauthoriteit Gaming Commission and Dutch Tax Authority at …
Spanish online social gaming firm Akamon has launched VideoSlots on Facebook. The offering comprises multiple slots with different themes that unlock on attaining pre-defined achievements and levels. The game is Akamon’s first to contain its corporate identity and is designed to “bring Akamon closer to the end consumer” while consolidating its multi-platform strategy. The Facebook …
The Journal of Consumer Research has published a study on consumer preferences regarding the semantics of the verb “gaming” as opposed to “gambling”….and it has shown a clear preference for the former. The study by Ashlee Humphreys of the Kellogg School of Management, Northwestern University and Cornell University’s Kathryn A. LaTour is entitled “Framing the …
The Social Gaming Association (SGA) and the International Social Games Coalition (ISGC) have agreed to unify, presenting one industry voice for the social games industry. The merger, which will see the consolidated organisation named the International Social Games Association (ISGA), represents social games companies across a wide spectrum. The ISGA’s core objectives will be to …