Gaming supplier SHFL Entertainment (Asia) Limited was acquitted by the Macau First Instance Court regarding a claim on patent infringement. The complaint made by Jay Chun alleged a violation of a patent related to terminal betting on live baccarat . “We are very pleased that the Court has found no patent infringement by SHFL Macau. …
The legalisation of online gambling could have serious a impact on American horse racing, an article in the publication Daily Horse Racing opined over the weekend. Under a federal exemption to the UIGEA, horse racing has until recently been the only legal form of Internet betting in the United States, and the sport has enjoyed …
The Canterbury Crown Court in England heard this week that a 40-year-old accountant who earned GBP 150,000 a year working in the City, had defrauded investors of GBP 3 million, most of which was spent on a rich live-style and internet football betting. The publication Kentonline reports that chartered accountant Darren Thompson (40) gambled investors’ …
Online gambling, hitherto illegal in Switzerland but in a ban rarely enforced, could be legalised as early as next year according to reports in Swiss media. Although the Swiss economy has weathered the economic recession in Europe better than most, land casinos in the independent country are feeling the pinch as internet gambling flourishes and …
The gambling monopoly awarded to Lebanese land Casino du Liban in 1995 is being supported with an ISP block on access to online betting operators, according to an article in the publication Global Voices Online. The report says that the first indication of such a blockade surfaced in the local Blog Baladi last month, which …
The major Australian bookmaker TabCorp Holdings has expanded its capability by acquiring the Tab Active interactive television wagering service from Donaco International Limited for a total consideration of A$ 863,000. The service has been operating since April of 2008 and links into the betting engines of TabCorp, TattsBet and Racing and Wagering Western Australia, allowing …
The sports data provider Betrader has launched a virtual horse racing product branded Virtual Horse Classics (VHC), delivering the first examples to operators as disparate as Nigerian online bookmaker NairaBet.com, and the Georgian online bookie Europe-bet.com as well as Tempobet.com. The launch of the horse racing product follows the success of Betradar’s Virtual Football League, …
The revenue generating machine that is the land gambling industry in Macau turned in an impressive half year performance this week, according to official figures from the Macau Gaming Inspection and Coordination Bureau. Gross revenues reached 172 billion patacas ($21.5 billion) in H1-2013, with casino games contributing the bulk of revenues. VIP baccarat and baccarat …
Justice is administered quickly in Dubai, it appears; four men recently arrested for operating an online gambling facility in the Jumeira Beach area have already been sentenced in the Dubai Court of First Instance. The four defendants – two Emiratis, an Uzbek and a Bangladeshi – were charged with running an internet gambling den and …
The incidence of Distributed Denial of Services (DDoS) is sufficiently high in the online gambling business for some executives to feel it is part of doing business, reports the publication IB Times. In an article on the threat, the publication claims that “….in the world of online gambling….far-removed from the arch menace of NSA agents …
BITCOIN CURRENCY ONLINE CASINO SOLD FOR $11.5 MILLION Satoshi Dice transaction appropriately conducted in Bitcoins The first major acquisition of an online gambling company accepting the Bitcoin virtual currency has taken place, with online casino firm SatoshiDice sold to an undisclosed buyer for 126,315 Bitcoins, or about $11.5 million, reports the publication TNW. The buyer …
British internet gambling operator SkyBet has inked a 5 year sponsorship deal with The Football League. The deal includes renaming the League’s flagship competition ‘The Sky Bet Football League’, with its three divisions being titled ‘The Sky Bet Championship’, ‘Sky Bet League 1’ and ‘Sky Bet League 2’. This new agreement is Sky Bet’s first …
Online gambling games provider iSoftBet has announced the upcoming release of its latest addition to a games inventory that is now around 400-strong….a 5-reel, 243 Ways-to-Win online slot branded on the famous but deceased martial arts hero Bruce Lee. Company literature claims that the Bruce Lee slot benefits from stellar audio-visual effects and features that …
The Illinois Lottery is disappointed in the results delivered by Northstar Lottery Group, a joint venture between GTech and Scientific Games, despite the company boosting lottery profits to $793.5 million on a 6 percent improvement of sales to $2.8 billion…well short of its promised target of net income of $947 million. Northstar was established in …
In what is perhaps an indication of the gravitas some US senators attribute to finding out more about online gambling, a Senate sub-committee hearing this week ground through repeatedly made and often irrelevant arguments; the chairlady left after starting proceedings; and only half of the designated committee members pitched up to educate themselves. The hearing …
Online gambling group Betable is reportedly in the money again following its latest round of financing, which investment media claims has raised up to $20 million, although the company has not yet confirmed this. Venture capital company Venture51 is heavily involved in the latest round, which brings the value of the company up to well …
Numbers from the French regulator ARJEL Wednesday showed that despite complaints of high taxation and the need for reform, the French market outperformed its national equivalents in Italy and Spain. Remote gambling in the French ring-fenced market delivered GGR of Euro 798 million in 2012, well ahead of Italy’s Euro 749 million and Spain’s Euro …
Tier one Brit online and land bookie Betfred has inked a deal with boxing promoter Frank Warren Promotions and 24-hour boxing television channel BoxNation to become the title sponsor of two British boxing events this summer. The sponsorship will be for the Behind Enemy Lines card at Wembley Arena on July 20, featuring a headline …
Online gaming operator 32Red Plc has presented record revenues in its First Half 2013 trading update despite softer than expected revenues derived from the Italian market. The company reported a 15 percent increase in Total Gross Win to GBP 19 million (H1/2013: GBP 16.5 million) and Gross Win Revenue of GBP 16.9 million, up 17 …
Amaya Gaming Group has closed the private placement of common shares previously announced at the middle of June 2013. The Private Placement was conducted through a syndicate of underwriters at a price of $6.25 per Common Share for total gross proceeds of around $40 million. Proceeds will be used for general corporate purposes and working …
Michael Cawley has been appointed as an independent non-executive director and a member of the Audit Committee at Paddy Power PLC. Cawley has been Deputy Chief Executive Officer and Chief Operating Officer of Ryanair since 2003, having joined as Chief Financial Officer and Commercial Director in 1997. His responsibilities have included the management and exploitation …
Australian telecommunications and media company Telstra has signed a multi-million dollar, five-year agreement with Tabcorp for the supply of mobile voice, data, Application Assured Networking and fixed telephony services to the company in Australia and overseas. The agreement, which includes an option to extend for another five years, also features access to Telstra’s Next G …
The Professional Players Federation (PPF) and bookmaker’s bet365, Betfair and Ladbrokes have renewed their funding partnership in a three-year extension announced at the UK House of Commons on Tuesday. The deal will provide funds for player associations to finance education drives on sports betting integrity and the prevention of match fixing to some 7 500 …
International Game Technology’s DoubleDown Casino fun-to-play gaming app has been integrated on selected Century Casinos websites. Players visiting Century Casinos websites can play a range of over forty casino-style games such as Game King Video Poker, Black Jack, Roulette, Poker and Bingo and other slot content that includes popular IGT titles such as Wolf Run, …