Macau, the gambling mecca off the shores of mainland China, has delivered another sparkling set of results, with gambling authorities on the island advising that in August land gambling revenue rose 17.6 percent year-on-year, supported by a steady flow of cash-rich mainland Chinese eager to gamble in China’s only legal casino hub. The Reuters news …
Win Cake, formerly known as Cake Poker has signed up for a selection of games from BetSoft Gaming as it seeks to broaden its offering to players. The deal embraces provision of the entire inventory of BetSoft games, including the popular Slots3 collection, with classics like Mr. Vegas and innovative new titles such as WhoSpunIt? …
The online gambling community in Malta, home to many of the industry’s major companies, will be watching the proceedings of the European Parliament Plenary Session in Strasbourg next week, when online gambling is on the agenda. Between September 9 – 12 MEPs on various committees will be considering a wide range of EU issues, and …
The latest numbers from the Danish Gambling Authority show that although betting and online gambling GGR has improved substantially year-on-year, revenues again slipped on a quarterly basis in Q2-2013 ended June 30, coming in at Danish kronor 585 million (around GBP 67 million) The dip is bigger than in the previous two quarters (DK610 million …
The Eastern European land and online gambling group Fortuna has turned in a creditable set of half year results, posting a net profit of Euro 7.6 million – up 34.5 percent year-on-year. Gross win in H1-2013 came in at Euro 57.4 million – up y-o-y by 4.1 percent on revenues of Euro 275.9 million, thanks …
A leading political party in Mexico, the PRI, is planning to introduce gambling reform measures in the next legislative season, which kicks off on September 1 this year…. and these could impact online gambling operators. The proposal emulates New Jersey’s new online gambling laws in that it requires licensing to be restricted to operators who …
The latest (July 2013) numbers from the Nevada Gaming Control Board show that total gaming win slipped once again in Nevada, dropping 7.97 percent year-on-year to $925,729,767 and perpetuating the yo-yo like motion of increases and decreases that has characterised this year. Over half of gaming revenues was generated by the Las Vegas Strip, where …
The residents of the Far Hills community in New Jersey have asked Governor Chris Christie to hold off on a signing a new law designed to permit online gambling from Atlantic City beaches. They fear that the law could have unintended side effects on the community and want more information before the legislation is signed …
The battling Golden Nugget land casino in Atlantic City could be the answer to a deep-pockets online gambling company looking for entry into the newly legalised online gambling market in New Jersey, the Press of Atlantic City reported over the weekend. The operation of legalised online gambling in New Jersey revolves around partnerships with Atlantic …
Online casino punters have been looking forward to the launch of the latest Batman branded online slot from Microgaming for weeks, and should be more than happy with the unveiling of “The Dark Knight Rises” Friday – a sequel to the outrageously popular “Dark Knight” game which launched last year. The Dark Knight Rises is …
The Perform Group, a digital sports media company in Britain, lived up to its name this week, posting revenues for the half-year up 37 percent and adjusted after tax profit of GBP 11 million – up 28 percent. Year-on-year sales rose to GBP 92.4 million (H1-2012 GBP 67.4 million) and EBITDA soared 27 percent to …
Revenues at Canadian online gambling group Amaya Gaming soared 156 percent in Q2-2013, but the company still saw net losses mount 320 percent y-o-y to come in at $11.4 million when it announced its latest results Friday. Events in the quarter included: * Approval to graduate from the TSX Venture Exchange to the Toronto Stock …
WMS subsidiary Williams Interactive has announced a long-term games supply deal with the online casino operations of William Hill Online. WI will provide its full portfolio of WMS online slot games William Hill Online, and through integration with the Williams Interactive Remote Game Server, players on the William Hill Games tab and the William Hill …
Bwin.Party Digital Entertainment’s latest H1-2013 results make for dismal reading, showing most performance indicators pointing the wrong way as highlighted by these numbers: * Total revenue down at Euro 342.5 million (H1-2012: Euro 410 million) * EBITDA down at Euro 60.7 million (H1-2012: Euro 85.6 million) * Loss after tax at – Euro 11.6 million …
Higher taxes and the effects of the economic recession on player deposits hit Greek gambling monopoly OPAP’s profits in Q2-2013 released this week, with y-o-y profits down 78 percent. Net profit fell to Euro 28.4 million as sales dropped 12 percent year-on-year to Euro 875 million, slightly better than analysts’ Euro 863-million average forecast.
The Asian and American-backed UK online gambling group 2UP Gaming is close to clinching a deal to acquire an unnamed Atlantic City casino as it pursues New Jersey online gambling ambitions, reports the publication Press of Atlantic City. A source involved in the deal refused to disclose the target acquisition, but intimated that it was …
Illinois-based land and online gambling content company WMS Industries, parent group of Williams Interactive, has posted its fiscal Q3-2013 results with the following highlights: * Revenue of $202.8 million, up 14 percent on a quarterly sequential basis * Net income of $13.5 million * A $0.04 per diluted share impact for costs related to the …
Pennsylvania state police have filed five charges of illegal bookmaking against a Scranton, Lackawanna County man, alleging that he acted as a “runner” collecting debt money for wagers placed earlier this year using online sports gambling website wager2020.com. 32-year-old William Schreiber is the subject of affidavits from police informants, who allege that he was involved …
US gambling group Churchill Downs could be hiring up to 50 additional skilled workers at an average annual package of over $100,000 each to handle its increased online gambling activities, the Courier-Journal newspaper reports. The Louisville-based casino and racetrack company received Kentucky Economic Development Finance Authority approval Thursday for $1 million in tax incentives to …
South African-based mobile and online technology provider BetTech Gaming has clinched a deal with the Ugandan land and online operator 256Bet for the provision of online and mobile sportsbetting and Virtual Football League products. BetTech will supply its flagship BetTech Sports product to significantly upgrade and re-launch 256Bet.com alongside the introduction of a brand new …
Williams Interactive subsidiaries JackpotParty.be and JackpotParty.com, announced the international online debut of the popular Vegas-style slot game, Bier Haus Thursday. Built on the popular G+ Deluxe game engine, Bier Haus serves up a round of free spin slots action where clumped feature symbols can award up to 80 initial spins in the bonus, and special …
UK football club Peterborough United (Posh) football club signed a partnership deal with the brand new sports betting site, Betbright.com this week. The deal sees Betbright become the club’s official betting partner and will include promotional activity for Posh fans throughout the season at the sport betting operator’s website, with the club receiving a direct …
The independent digital marketing agency Greenlight says that its latest study has shown that consumer online search volumes pertaining to sports betting, poker, bingo and casino have suffered their sharpest drop yet. Brit punters spend GBP 2.3 billion annually on online gambling according to research from Deloitte, commissioned by the Association of British Bookmakers (ABB). …
Irish land and online bookie group Paddy Power, which boasts a Facebook membership of 1.7 million users, has launched its much-awaited mobile sports betting app for real money action on the social gaming site – a first for the social gaming enterprise. The Paddy Power In Play app has been thoroughly beta-tested by UK punters …