Gambling news - page 980

Opzi launch real money slots with Betable

1 Jul 2013

Privately owned Canadian social games developer Opzi has launched a suite of games titled Real Money Slots by Opzi Casino, powered by Betable into the UK market. Opzi’s flagship product Opzi Casino is a social online casino offering free-to-play games for the iOS and Android platforms.  Real Money Slots is Opzi’s first game to offer …

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RGA members apply for Greek licencing

1 Jul 2013

The Remote Gaming Association (RGA) has said two of its members have submitted applications to the Greek State, the Minister of Finance and the Hellenic Gaming Commission for a five-year licence to provide online gaming services to the Greek market. The un-named members have filed their applications in-line with the Greek Gambling Act, a piece …

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Macau gambling revenues soar again

1 Jul 2013

June 2013 has been another good month for Macau gambling companies, with the authorities advising that revenues climbed 21.1 percent year-on-year to reach 28.3 billion patacas ($3.54 billion). The rise was better than expected by analysts, who predicted a range between 18 percent and 21 percent. Reuters reports that the number of mass market visitors …

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GVC issues trading update

1 Jul 2013

Online gambling group GVC Holdings plc issued a trading update Monday, reporting the early restoration of an increased quarterly dividend; progress with the integration of Sportingbet and its trading from the Sportingbet acquisition to 30 June 2013; along with a trading update of the other GVC brands for the period from 1 January 2013 to …

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Compulsive online gambler stole from friend and employer

1 Jul 2013

The Nottingham Crown Court in the UK has sentenced 26-year-old addictive online punter Thomas Masters to 2 years’ imprisonment for crimes he committed in trying to raise money to gamble or pay gambling debts. Despite at one point in his online gambling career winning GBP 70,000, Masters continued to fritter the money away on losing …

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Italian online gambling ring broken up

1 Jul 2013

Media reports from Modena in Italy indicate that Italian police mounted a massive anti-online gambling operation titled Op Jeopardy late last week, focused on the Naples region and the Casalesi organised crime gang. Investigators allege that the criminal organisation was responsible for the operation of at least five online betting sites situated on servers in …

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Net Entertainment and Lottomatica in online gambling deal

1 Jul 2013

The Swedish online gambling group Net Entertainment announced a deal with Italian gambling giant Lottomatica Monday, saying that it has undertaken to supply Lottomatica Scomesse S.r.l. with a wide range of casino games for the regulated Italian online business through Lottomatica.it and Totosi.it. Lottomatica Scommesse is a fully owned company of GTech S.p.A., one of …

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Another Zynga exec hits the road

30 Jun 2013

The exodus of senior managers from San Francisco social games developer Zynga has not yet ended, according to local media reports, which reveal that the company’s vice president of partner publishing, Rob Dyer is the latest to leave the building. With much fanfare, Dyer joined the company in October 2011, tasked with convincing external game …

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Cantor subsidiary finances social gaming and fantasy sports start-up

30 Jun 2013

Cantor Ventures, the venture capital and enterprise development arm of Cantor Fitzgerald, has invested a hefty $25 million in TopLine Game Labs, a Los Angeles-based start-up developer of a fantasy sports and social gaming platform. Cantor will help the company grow the team, launch new products and applications, and develop the business, a spokesman revealed …

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Atlantic Lotto abandons Geosweep

29 Jun 2013

CBC News reports that the Atlantic Lotto is pulling the plug on its GeoSweep online game, having sunk Cdn$8.7 million for a stake in Geonomics, formerly known as Roboreus, the U.K. firm behind the online lottery. “We’ve made the decision to remove the GeoSweep game from the market today,” Patrick Daigle, chief financial officer with …

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Procrastination kills Canadian sports betting bill – for now

29 Jun 2013

Political observers who speculated that politicians in the Canadian Senate would see off a sports betting bill by stalling it until the body adjourned for the summer recess may have been right – this week the Senate rose without progressing Bill C-290, which sought to permit single game sports betting in Canada. The bill has …

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Another online gambling windfall for Kentucky

29 Jun 2013

For the second time this month, the US state of Kentucky has announced an Internet gaming-related settlement, this time recovering $15 million from the European giant Bwin.Party Digital Entertainment in respect of online gambling losses incurred by Kentucky residents. Gov. Steve Beshear announced the settlement Friday in a statement that revealed the agreement has its …

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Chinese cops bust two more online gambling rings

29 Jun 2013

Two online gambling rings in the Pudong New Area and Jing’an District of China have been broken up by police actions that included the arrest of 99 people, reports the Shanghai Daily newspaper. Shanghai police spokesmen said that the criminal enterprises involved more than 180 million yuan (US$29.31 million), and revealed that a total of …

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Sheriff Gaming confirms it is clear of Dutch prosecution

29 Jun 2013

The Dutch prosecution on money laundering and other allegations of the Gregoire brothers and Stijn Flapper, which made headlines in the Dutch media recently saw a sequel this week, when Sheriff Gaming confirmed that its parent Bubble Group BV, which had been named in early media coverage, is no longer a suspect in the case. …

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Bally in content deal with Paddy Power

29 Jun 2013

US casino games provider Bally Technologies continued its penetration of the European online gambling market Friday with the announcement of a deal with retail and online gambling group Paddy Power. The agreement will see Bally online slot games becoming available on the Ireland-based Paddy Power web and mobile sites. Bally Interactive general manager Michael Probert …

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Should progressive jackpots be paid in instalments?

29 Jun 2013

The question of whether progressive jackpots should be paid in a single tranche or over time in instalments resurfaced this week with the news that the influential Casinomeister information portal has added 40 Playtech-powered sites which insist on payment by instalments to its “not recommended” list. The Casinomeister move reawakened outraged memories of a player …

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New slot launched at SkillOnNet

29 Jun 2013

The online casino operator and marketing firm SkillOnNet Limited has launched a new slot from NextGen Gaming titled Voodoo Dollars, which will be available at EUCasino.com along with a slew of third-party brands like CasinoRedKings.com, MegaCasino.dk, LunaCasino.com and PlayMillion.com, SkillOnNet said in a statement that the 25-payline game is themed around magic and features Wild …

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Ryan Reynolds to star in gambling movie

29 Jun 2013

Another gambling-themed movie will soon start filming in the United States following the signing for the “Mississippi Grind” project of Green Lantern star Ryan Reynolds. Ryan is set to appear alongside The Dark Knight Rises actor Ben Mendelsohn in the film, which is all about a gambling addict who is in debt and teams up …

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Paddy Power removes rude rugby advert

29 Jun 2013

Paddy Power’s Australian subsidiary Sportsbet has acceded to the threats from the Victorian provincial government and painted over its amusing but rather rude Wallabies vs. Lions advert. Sportsbet said it will cost A$20,000 to paint over the 170m x 90m “Rooting for the Wallabies” advert, painted onto a field on the approaches to Melbourne airport …

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Senior GTech G2 exec departs

28 Jun 2013

Online gambling software provider GTechG2’s corporate restructuring has resulted in the resignation after an almost uninterrupted run of 18 years’ service of William Scott, the group’s vice president for interactive business development and strategy. Scott was part of the team that organised the acquisition of the various internet gaming businesses by GTech, and prior to …

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Online gambling body pessimistic on German developments

28 Jun 2013

The European Gaming and Betting Association, trade body representing most of Europe’s major online betting companies, has issued a statement that takes a pessimistic view of the restricted market opening for sports betting in Germany, commenting that one year on, the development has still to get off the ground. “This confirms the concerns of Europe’s …

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OPAP privatisation at risk says admin agency

28 Jun 2013

The privatisation and sale of Greek’s partly state-owned gambling monopoly OPAP is threatened by conflicting interests between opposing business groups, the head of the country’s privatisation agency said on Thursday, claiming that this could deliver a fatal blow to the country’s asset sale program under its international financial bailout obligations. The Greek government agreed last …

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Online casino company gears up for a public listing

28 Jun 2013

Swedish investment company Mr Green & Co AB, which owns the growing Malta-based online casino Mr Green, has announced that it has secured a public listing on Sweden’s AktieTorget exchange. The company claims that since its launch in 2008, Mr Green has posted annual growth in excess of 70 percent and a game win for …

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Adelson widens attack on internet gambling

28 Jun 2013

Las Vegas Sands land gambling mogul Sheldon Adelson (80), who has already angered the internet gambling community with his attacks in the Forbes and Bloomberg publications, widened his assault Thursday with the launch of an anti-online gambling website and a Youtube video. StopInternetGambling.com features a provocative introduction that reads: “Click your mouse and lose your …

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