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 …
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 …
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 …
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 …
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 …
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 …
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 …
It appears from the Government Gazette Resolution of March 8, 2013 that the Spanish State Tax Administration Agency (STAA) will have wider powers in monitoring the control and taxation of online gaming activities following Government approval of the general guidelines of Annual Tax and Customs Control 2013. Seemingly, the STAA will have access to operators’ …
GSN Digital has appointed Jeff Anderson as Senior Vice President, Strategic Planning and Business Development effective March 11, 2013. Reporting to Peter Blacklow, Anderson will focus on commercial and strategic partnerships designed to grow GSN Digital’s stake-based game businesses on social, mobile and web platforms. He joins from a position of senior vice president, social …
Various TopGame licencees are promoting a new slot game titled “Lost Gems of Brussels”. This 5 reel, 20 line video slot game involves a worldwide hunt for precious jewels that originally disappeared in Brussels. Interestingly released soon after the widely reported real-life Brussels Diamond Heist that took place in the latter half of February. The …
US news sources are reporting a wide-scale online gambling investigation involving the U.S. Secret Service, the Internal Revenue Services (IRS), Jacksonville Sheriff’s Office (JSO), Florida Department of Law Enforcement (FDLE), and the sheriff’s offices in Seminole and Volusia counties. According to the Oklahoman, Jerry Bass, the National Commander of Allied Veterans of the World Inc. …
The Gibraltar-domiciled online gambling group 888 Holdings plc posted its annual report to end December 2012 on Wednesday, showcasing a generally positive performance overshadowed only by losses in bingo and business-to-business activity. Financial highlights included: * Revenue increased 13 percent to $376 million (2011: $331 million) * B2C Revenue increased 16 percent to $330 million …
It may be difficult to get to the root of Intrade’s “financial irregularities” which caused the shutdown of the company earlier this week because its founder, and the subject of some of the financial questions that have arisen, died almost two years ago whilst trying to conquer Mount Everest. The UK business newspaper The Financial …
Brit darts player Richard Taylor tried a little something different on the William Hill online casino this week, wagering 20p on a spin on a slot machine that immediately delivered a GBP 258,670 windfall. 45-year-old call centre worker Taylor was having trouble sleeping ahead of his night shift but, instead of playing darts as his …
Speculation earlier this month that Brit social games developer Arooga was about to launch a new slot on Facebook was confirmed with a launch announcement Tuesday from the company. The new game, which is now available on Facebook, features a theme based on the knightly quests of the legendary King Arthur and is titled, appropriately …
In the state of Delaware, which has legalised online gambling and hopes to have operations up and running by September 30, would-be vendors are racing to get their proposals in by Friday’s deadline. On Monday Delaware Lottery Director Vernon Kirk explained the next steps to the publication Newsworks, noting that the project was no easy …
The news that the federal Australian government does not plan to go ahead with a five year trial of online poker has been met with criticism from all sides, according to the Sydney Morning Herald on Tuesday. Released today, the report emphasises the government’s insistence on first developing a homogenous set of standards across all …
The Federal Trade Commission has given notice of the early termination of the waiting period under the HSR Act with regard to Scientific Games’ proposed acquisition of WMS Industries. Termination of the HSR Act waiting period satisfies one of the conditions required for completion of the merger but the transaction remains subject to additional conditions, …
According to New Jersey journalist John Brennan, PokerStars parent company The Rational Group has appealed in a fifteen-page letter to the New Jersey Division of Gaming Enforcement (DGE) to reject the American Gaming Association’s (AGA) formal opposition against its acquisition of The Atlantic Club casino . In the letter obtained by Meadowlands Matters, a daily …
The almost decade-long internet gambling dispute between Antigua and Barbuda and the United States Trade Representative Office (USTRO) in Washington DC is reportedly back on the table following the World Trade Organisation (WTO) Dispute Settlement Body’s sanction for the Caribbean island to infringe on US intellectual property in a bid to recoup damages awarded of …
According to an article run in the Sydney Morning Herald (SMH) this week, Senator Stephen Conroy said during Question Time in the Senate at Parliament House in Canberra that online gaming standards will be a National consideration and discussions on the market opening up considered only once the Federal Government has uniform harm minimisation and …
Playtech has appointed Adele Lawton in the position Commercial Director with effect from this month (March). Lawton has had a varied career in the online gambling industry, the most recent prior to joining Playtech as head of Jackpotjoy, Gamesys’ operational website. Prior to Jackpotjoy, Lawton held executive and managerial positions as Head of Bingo at …
Novomatic’s online betting subsidiary Admiral Sportwetten has become the new official betting partner of German Bundesliga football club Hannover 96. Under the terms of the deal, Admiral Sportwetten will have access to TV-relevant advertising media, PR campaigns and online advertising space. The partnership is effective through to the end of the 2014/15 season and provides …
Bodog Asia has appointed Greg Fermont in the position chief operating officer following a protracted search. Fermont, who has previously been employed by Playtech, Asian Logic and most recently Sun City, will join managing director Robert Gustavsson in leading Bodog Asia.