Gambling news - page 982

Good growth predicted for social gaming

16 Mar 2013

A new study of the social gaming phenomenon conducted by Dallas-based Reportsnreports predicts that the market will grow at 15.96 percent compound annual growth rate (CAGR) during the period 2012 – 2016. The research report “Advanced Analytics in the Social Gaming Industry 2012” flags the considerable potential for growth in the sector, noting that there …

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Canadian province admits online gambling legalisation has stalled

16 Mar 2013

The Finance Minister for the Canadian provincial government of Prince Edward Island (PEI), Wes Sheridan, told the local Guardian newspaper this week that efforts to push ahead with an online gambling regulatory and licensing system have stalled, and that the provincial government has lost out on millions in tax and licensing revenues as a consequence. …

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Louisiana move to study internet gambling

16 Mar 2013

Louisiana state Rep. Mike Huval has filed a resolution asking that a House legislative committee look into the pros and cons of regulated and licensed intrastate online gambling when the body next convenes in April. Local radio station 3KATC reports that gambling is popular in the state, with $14,3 billion reaching state budgets from gaming …

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Arabian Caravan from Genesis Gaming

16 Mar 2013

Game developer Genesis Gaming’s newest slot is themed on ancient Arabia inspired by the colourful and exotic world of merchant caravans and Arabic bazaars. Arabian Caravan carries the usual high quality, graphic and feature-rich qualities Genesis Gaming is known for, taking the player on a journey into the bazaars where they haggle to hopefully take …

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bwin.party’s 2012 fails to impress

16 Mar 2013

Bwin.Party’s FY 2012 results posted Friday could have been worse…but they could also have been better as taxation, poker migration problems and the continued decline of poker impacted the numbers. Fortunately the performance of sports betting, casino and emerging businesses managed to offset the negatives to some extent, boosting actual revenues by 16 percent. Actual …

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ARJEL specialised committee reports on challenges in access control

15 Mar 2013

The French regulatory authority ARJEL-established specialised committee which was tasked to assess the effects of new online technologies within the regulatory gambit has forwarded its conclusions to Government. The process saw the committee hear the views of specialists in a variety of subjects beginning with licensed operators and their representative associations. Beyond the methodological issues, …

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Big online slot jackpot wins

15 Mar 2013

A lucky Gala Bingo.com punter, identified as Janet 127 from Dukinfield, Greater Manchester, won a whopping GBP 842 817.76 playing on the website’s exclusive Chests of Plenty Jackpot Slot this week. “Chests of Plenty had already rewarded one player with GBP 1.6million last autumn so to pay out nearly GBP 1 million so soon afterwards …

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UK Gambling Commission suspends Cricket Bet Live

15 Mar 2013

The UK Gambling Commission has advised of the commencement of a review under sections 116 and 118 of the Gambling Act 2005 of Cricket Bet Limited (cricketbetlive.co.uk). Specifically related to remote betting activity, that part of the firm’s Operating Licence has been suspended as an interim measure whilst the review takes place. An advisory on …

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NGC calls for comment on interstate deals

15 Mar 2013

A notification from the Nevada Gaming Commission to all licensees and other interested parties requests comments on the State’s move towards entering into interstate agreements for interactive gaming. Section 6 of Nevada Assembly Bill 114 from the 2013 Legislative Session requires the Gaming Commission to adopt regulations authorizing the Governor of Nevada to enter into …

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Ladbrokes extends pilot apprentice scheme

15 Mar 2013

Ladbrokes plc will launch its first apprenticeship scheme following what it says was a successful pilot scheme in two regions of the United Kingdom. Ladbrokes will run the scheme in additional regions that include South Yorkshire, Scotland and London targeting 200 apprentices by the end of 2013 to join the already completed 50 from its …

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Interactive TV gaming operator extends ITV agreement

15 Mar 2013

The interactive television gambling firm NetPlayTV announced Friday that it has inked a new three year broadcast deal, extending its business association with I.T.V. The agreement will see NetPlay increase its live broadcast on ITV to six nights a week from Monday to Saturday and provides the company with access to ITV’s online inventory. “The …

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Analysts query Playtech’s future in the US

15 Mar 2013

The release yesterday of Playtech’s impressive FY 2012 results has been followed by analyst concerns regarding the company’s visibility – or rather lack thereof – in the evolving online gambling scene in the United States, where a number of individual states are moving toward intrastate legalisation and interstate compacts in the absence of a federal …

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Social gambling site eyes a more liberal US market

15 Mar 2013

The online gambling liberalisation trend currently sweeping a number of US states has given hope to social gaming operators like Fanhood.com, which allows social punters to buy tokens and make sports wagers with their friends…but not withdraw cash. “Experience sports betting, play sports trivia and challenge other fans’ teams in the most exhilarating sports app …

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Illinois online gambling bill tweaked

15 Mar 2013

Illinois Senate Bill 1739, which seeks to include online gambling in an expansion plan , has been given a crucial tweak by introducer Sen. Terry Link which could make a difference when it comes to “acceptable” applicants for licensing. The original “bad actor” clause wording, which included a rather sweeping prohibition against any entity that …

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Change of platform for online casino operator?

14 Mar 2013

An intriguing player notification from the operator of Intercasino and InterPoker has triggered speculation among players that a change of platform is in prospect. The operator has for many years used Cryptologic software, a veteran industry company that was acquired last year by the Montreal-based Amaya Gaming group, joining Chartwell Technology, Wagerlogic Malta and Ongame …

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Warner Brothers counter sues over Hobbits slot claims

14 Mar 2013

One of the most spectacular and popular online slots ever launched – and withdrawn after a relatively short operational life – is mentioned in litigation between film studio Warner Brothers and the estate of late Lord of the Rings author JRR Tolkien, reports the Guardian newspaper. The film giant is to launch a counter-suit in …

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Bets of Mates social gambling site launched

14 Mar 2013

Professional York City footballer Dave McGurk is hoping to score with his latest business venture, a new ‘social bet-work’, which will take on the bookies and, he claims, change the way sports fans bet on their favourite UK teams. Bets of Mates.com enables friends to join for free and have a flutter against each other …

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Dutch online gambling market by end 2013?

14 Mar 2013

Playtech’s annual report for 2012 includes information on the progress of the Dutch government towards a regulated online gambling market – a long drawn-out but now seemingly imminent event. In November last year, the Dutch government announced plans to sell the state-owned Holland casino monopoly and legalise online gaming to increase competition. “The government is …

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Playtech posts high performance in FY 2012 results

14 Mar 2013

Playtech plc posted a strong set of full year 2012 results Thursday, showcasing a busy year with a number of significant industry deals. The company’s report on its year ended 31 December 2012 includes these highlights: § Gross income up by 51 percent to Euro 368.1 million (2011: Euro 243.6 million) § Total revenues up …

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Floating the horseracing odds

14 Mar 2013

Marketers at the online and land UK betting group William Hill plc came up with a novel promotional idea this week, giving racing fans a close encounter with the moon at the Cheltenham horse racing festival….well, not the real moon, but a super-sized inflatable balloon illuminated with the best Festival betting odds on offer to …

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New Jersey files its appeal in sports betting litigation

14 Mar 2013

Good to his word, New Jersey governor Chris Christie and his officials have filed notice to appeal following the state’s defeat in its attempt to legalise intrastate sports betting and challenge the Professional and Amateur Protection Sports Betting Act. Federal judge Michael Shipp supported the arguments of the national sports leagues and the Department of …

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Openbet bids Farewell to CEO

13 Mar 2013

David Loveday, chief executive officer of Openbet has left his role with immediate effect to pursue other opportunities according to a company statement released Wednesday. Loveday has held the position for 11 years, ably leading Openbet’s acquisition strategy and expansion into regulated markets. Openbet’s existing management team will take over Loveday’s responsibilities along with independent …

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OEG sets up in Netherlands and Jersey

13 Mar 2013

Olympic Entertainment Group AS (OEG) subsidiary Olympic Casino Eesti AS has acquired a 100 percent share holding of Siquia Holding B.V., a holding company registered in the Netherlands with a share capital of Euro 21 101. OEG additionally established and registered Gametech Services Limited and Gametech Licensing Limited in Jersey without making a share capital …

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Senior politician resigns in wake of US gambling bust

13 Mar 2013

Florida Lieutentant Governor Jennifer Carroll has resigned in the wake of a widespread investigation into internet gambling. The case involving the Allied Veterans of the World Inc. & Affiliates who allegedly ran an illegal gambling operation under the guise of a non-profit fundraising centre was widely reported in the media today (Wednesday). Carroll’s abrupt resignation …

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