Sportech plc has posted its H1-2013 result to end June 2013, reporting progress on strategic goals and continued momentum in its United States endeavours, but e-gaming losses despite increased market spend. Financial highlights of the report include: * Revenue broadly stable at GBP 57 million (H1-2012: GBP 57.7 million) * EBITDA down at GBP 11.8 …
Online and land gambling group Paddy Power is using the power of social networking giant Facebook in its latest and typically innovative and amusing marketing move, offering its almost one million followers a chance to win GBP 1 million on a truly out-of-this-world bet. Paddy has combined its fanciful Paddy Power Space Academy with a …
The virtual currency Bitcoin received an important boost this week when the German Finance Ministry announced that the product can be used as a “unit of account” or “private money”, allowing it to be used in commercial transactions. The ruling does not mean that Bitcoin is recognised as legal tender, officials stressed, although transactions carried …
Top US land gambling exec Steve Wynn of Wynn Resorts has not given up on his ambitions in the online gambling field, it appears. The Press of Atlantic City reports that his Wynn Interactive division has become the latest applicant for a New Jersey online gambling licence in preparation for the state implementing online gambling …
In its latest assessment of major US land gambling group Boyd Gaming the investment publication Seeking Alpha opines that the move toward online gambling in the United States is a major tailwind for the gambling industry. Another is the upturn in Las Vegas over the last 12 months, where almost 18,000 jobs have been added, …
UK bookmaker Ladbrokes and Notts County Football Club (NCFC) have partnered in a one-off shirt sponsorship deal for the Capital One Cup encounter with Liverpool. Ladbrokes’ logo will feature prominently on the “Magpies” shirt front for the hotly contested round 2 fixture. “We have enjoyed some fantastic relationships with high profile national brands during my …
Multi-jurisdiction licenced online casino Guts.com augmented its already impressive game inventory with additional content from BetSoft in a deal signed this week. Guts will offer BetSoft Gaming’s full suite of games including its Slots3 portfolio and ToGo line of mobile games. “We are thrilled to be partnering with Guts,” said Roger Admeus, BetSoft’s sales director. …
Despite its economic travails, the gambling industry in Italy is apparently flourishing, with the online version of the pastime growing the fastest. A Milan Chamber of Commerce study was reported by the publication Gazzetta del Sud this week, detailing a land industry in which some 9,300 businesses offer gambling of some kind, up 32.1 percent …
Paddy Power and Absolute Radio have entered into a six-figure exclusive sponsorship deal. Absolute Radio’s Saturday morning Rock ‘N’ Roll Football Match Day Warm Up Show will feature Paddy Power’s “Ball of Shame” ad which reviews outrageous moments in football, promoted by DJ Mark Crossley. According to The Drum the ‘Ball of Shame’ campaign rewards …
Online and mobile game monetisation platform Cashplay.co has partnered with multiplayer mobile gaming platform Nextpeer. The partnership allows Nextpeer’s network of over 1000 iOS and Android game developers and studios to access new revenue streams by integrating cash tournaments into their games. According to Nextpeer, 2000 games using its multiplayer functionality are currently played by …
Slotland paid out a $135 417 jackpot to a lucky player identified only as Bobby S. Bobby S. was playing the three-reel Heavy Metal slot when he won the site-wide progressive jackpot, earlier this week. “This is the first time I’ve ever really won anything big,” Bobby S. said. “I’ve had lots of smaller wins, …
Quickfire, powered by Microgaming, has signed a casino content supply deal with new operator PlayFortuna. The new online casino has been developed with a flexible bonus system to run alongside regular promotions. Andrew Zinger, Head of PR at PlayFortuna, said: “We chose Quickfire as it is a well-known and reputable gaming content provider. We were …
Net Entertainment has released another video slot to its Touch Portfolio. “Reel Rush” has been optimised for mobile following a positive response from players, said the company. The game features include Wild substitutions, re-spins and Free Spins with 3125 Ways to Win. Re-spins in Reel Rush Touch™ create opportunity for generous wins, with increasing Ways …
Sen. Gwen Margolis, a Miami Democrat, is taking another run at legalising the online purchase of Florida state lottery tickets, having seen a similar bid last year halted at committee stage. CBS reports that Margolis has reintroduced her bill SB 98 for the 2014 legislative session, proposing that the Florida Lottery to create a program …
The smart use of large volumes of business data is growing across a multitude of industries, with online gambling featuring prominently among them, an article on the Siliconangle blog revealed this week. Online bookmaking companies are among the leaders in using large volumes of data to best advantage, the article notes, focusing on Paddy Power, …
Jonathan Revill (38), an IT manager for a large energy company in Leeds, UK went to prison for seven years this week following a massive fraud case in which he used most of his ill-gotten gains to gamble over the internet, reports the Yorkshire Post. Revill was accused of defrauding his employer out of GBP …
Nigerian sports betting company KC Gaming Networks Limited will formally launch an expansion of its Bet9ja-sports betting brand in Lagos on September 5, 2013. The company claims to be the premier sports betting company in Nigeria, “bringing together people of vast experience in odds betting spanning decades”. Ayo Ojuroye, chief executive officer of the company, …
International Game Technology’s (IGT) Board of Directors have declared a cash dividend of $0.10 per share in its common stock, equating to a 67 percent increase compared to the same quarter last year and its 42nd consecutive quarter that the Company has paid a dividend. “As a reflection of our continued commitment to a balanced …
British slots and table games supplier Realistic Games has revealed its latest three reel slot game titled “Hot Cross Bunnies”. The x300 jackpot game with a single win line features a host of traditional arcade elements, such as nudges with auto nudge and a rewind feature should the best win be missed. When no win …
UK online gambling firm Betfair has promoted from within replacing outgoing chief legal officer Martin Cruddace with its director of regulatory affairs, Fiona Russell. Russell has held a number of positions within Betfair since 2006, prior to which she was employed in her capacity as a solicitor at BSkyB.
Private equity firm CVC Capital Partners, a past suitor of online gambling group Betfair , will acquire British online payment company, the Skrill Group, for a Euro 600 million consideration. “Skrill is a high-quality business that has demonstrated its ability to grow rapidly into a market leading provider of online payments serving the online gaming, …
The Manila-based and Alderney-licensed live dealer technology provider EntwineTech has announced two new developments designed to enhance the player’s experience. The company has introduced the latest generation high definition cameras on all of its Live Dealer tables, bringing fresh levels of clarity and sharpness to the games and allowing players to see more clearly the …
Malta’s online gambling regulator, the Lotteries and Gaming Authority, has come under fire from the player community repeatedly over the past few years with allegations of bad licensee supervision, poor communications and an alleged lack of care for the consumer. In several high profile online poker operator failures the regulator has been criticised for not …
International Game Technology (IGT) has adapted “She’s A Rich Girl”, one of its popular land-based slots, for the online environment. The game is a 5-reel, 9-payline game themed on the glamorous life of a stylish rich girl, her spoilt dog and pampered cat. She’s A Rich Girl features two wild symbols, scatters and free spins …