A 39-year-old German banker reportedly “took Euro 8.4 million from customers” over a three year period to feed his gambling addiction. A Stade District Court heard the man took and pocketed cash from customers’ accounts 156 times instead of investing the money has he was entrusted to do. According to thelocal.de, amounts ranging from between …
A new UK operation at Stake Me To Play.com has opened its virtual doors offering staking contracts for poker players. The company in its promotional blurb promise players who sign up : – A guaranteed minimum monthly income (T&C’s apply) – Industry leading profit splits – A bespoke “poker HQ” and social hub – “Unbelievable” …
The OPAP / Emma Delta deal was finally signed Monday following protracted delays related to third party supplier tender awards. The Czech-led private equity consortium acquired a 33 percent stake in OPAP for Euro 652 million, the proceeds of which will fatten the cash-strapped Greek Government’s coffers. Final approval of the transaction is required by …
Amaya Gaming Group has received conditional approval from the Toronto Stock Exchange (TSX) to graduate from TSX Venture Exchange and list its common shares. “Our graduation to TSX will be another significant milestone for Amaya,” said David Baazov, chief executive officer of Amaya Gaming Group Inc. “It will increase our profile and will provide us …
Satellite Information Services (SIS) has appointed industry veteran Richard Lang to the position of commerce and operations director. Lang joins SIS from a 25-year long tenure at Gala Coral Group, his most recent position serving as chief operating officer. Gary Smith, chief executive officer of SIS, said: “Having represented one of our major clients, Richard …
BetVictor’s latest promotional push includes a series of three TV ads with the first promoting its football odds in the lead-up to the Barclays Premier League season. Comedian Paul Kaye plays the role of Maurice, an excitable bettor who skydives down onto a high-speed train in the hopes of getting the inside scoop from Betvictor …
Two Polish men Piotr Smirnaw (31) and Patryk Surmacki (35) were reportedly arrested by British authorities in connection with a 36-hour DDos attack on Manchester-based online operation Club World Casino, as they passed through Heathrow Airport. The alleged attack on August 2, 2013 bombarded the website with traffic preventing customers from access. The duo have …
Online gaming and sportsbetting firm Bet-At-Home released its first half year 2013 results affected it says by the closure of unprofitable businesses in the first half of 2013, the introduction of the German sportsbetting tax and higher sales volumes recorded in the comparison period last year due to the European Football Championship. Key performance highlights …
Genesis Gaming recently launched a graphic-rich video slot for the web and mobile channels titled East of the Sun, West of the Moon. The game, themed on an old Norwegian folktale of a young girl on a journey seeking to break a spell, features eye-catching images of Norway’s impressive snow-covered mountains along with illustrations of …
Software developer Probability Jones has licenced four of its formats to the Betsson Group which will be delivered via NYX Interactive’s OGS platform. The four new games titled Blackjack Players’ Choice, Six Shooter, Sharp Shooter and Odd One In are to be released on Betsson.com and its B2B partners during the fourth quarter, 2013. Probability …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …