Sweden’s state gambling group Svenska Spel reported that profit after interest and tax for the first half of 2013 amounted to SEK 2.522 billion, an increase of 4.2 percent compared with same period in 2012 despite growing competition from foreign unlicensed companies in the online environment. The gambling group reported a marginal 0.6 per cent …
Gaming industry provider Playtech has announced the launch of Game-specific and Free Spin Bonuses for all its games. The initiative allows operators the ability to grant players bonuses specific to a particular game, category of games or on a particular platform introducing a new level of flexibility to create targeted promotions. The Company bills its …
Webis PLC subsidiary WatchandWager has received approval for a multi-jurisdictional Advanced Deposit Wagering (ADW) licence from the California Horse Racing Board (CHRB). The WatchandWager platform becomes the first ADW to be granted an operational licence in California by the CHRB in over five years and will be the fourth operator permitted to legally take bets …
Sportech, Inc. America’s COO David Schreff (57) will leave the company, stepping down after only nine months in the position. Schreff is reportedly leaving the company to focus on his own private business Bedare Sports and Entertainment, a Digital Media Rights Management, Sponsorship and Licencing firm, which he founded in 2002 but said he will …
The Dutch social networking site Hyves has agreed to drop illegal gambling advertisements on the request of the Dutch gambling authority Kansspelautoriteit. Hyves caters for two million active users who are mainly Dutch visitors and members. It competes with social networking sites Facebook and MySpace. According to the gambling authority, Hyves has acknowledged its social …
Gaming software and system provider GameAccount Network has entered into a multi-year content partnership with Brisbane-based Reel Time Gaming, developer of machine-based slot games. Reel Time Gaming’s development team is led by Martin Visocnik previous employed by Novomatic and the designer of the popular game Book of Ra. Dermot Smurfit, GameAccount Network Chief Executive Officer, …
Microgaming has added two new tournament slots to its multi-player portfolio titled Leagues of Fortune and Karate Pig. The new games augment the portfolio, which is used for a variety of tournament types across the Microgaming network, to total seventeen games. Karate Pig, will be utilised for the networks midweek, 3-day, Survivor tournament which is …
Online gaming operator Bodog will extend its shirt sponsorship of Scottish League football club Ayr United for a third consecutive year. Hugh Cameron, Commercial Director at Ayr United, said: “The backing Calvin and the Bodog brand have given the club over the years has been great for us. Those play-off spots look wide open this …
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 …