The Telegraph reports a William Hill punter winning GBP 209 731 after spending GBP15.84 on a series of accumulator-style bets, beating incredible odds of eleven million to one. One of the bets placed online required eight horses to achieve the top four placings in eight races earning the punter GBP 111 294 on a 2p …
The UK online gambling group Betfair plc, which is currently fighting off an acquisition attempt by a private equity partnership has posted an unaudited trading update following the end of its financial year on 30 April 2013. Highlights of the report and a trading update include: * Estimated results above the top end of Betfair’s …
Transforming a commercial agreement into a player-appealing online and mobile gambling activity has been quickly achieved through teamwork between online gambling operator Jack Gold Casino and content provider Microgaming, which this week saw a suite of 7 Microgaming Quickfire games, including a suite of video poker games, go live. The casino, which is optimised for …
Live dealer casino provider Ezugi has signed an agreement to provide Tom Horn Enterprises with its live casino offering. The partnership will provide Tom Horn’s online and land based customer base with a live casino solution that also embraces the power of social media, and will additionally enable players of Ezugi’s live casino to play …
Although no detail is given, the Swedish online gambling software developer Net Entertainment has previewed its June slot release on Youtube here: The game, due for release around June 25, appears to feature a theme from the early rough-house days of boxing.
GTech, a subsidiary of the giant Italian gambling group Lottomatica, is planning to bid for Ireland’s next lottery licence and may form an alliance with the country’s state postal service which operates the current licence, a Gtech official told the Irish Times newspaper on Tuesday. The 20-year licence, which is not part of Ireland’s main …
The Swedish and Malta-based online and land gambling group Cherry has posted a solid Q1-2013 interim report ending March 31, and highlighting the following key performance indicators: * The company sold its Automaten sites for SEK 286 million, a profit of SEK 26.4 million. * Online gaming grew 35 percent, with deposits up 84 percent. …
Czech online and land betting company Fortuna Entertainment Group posted a 34.4 percent increase in EBITDA in the first quarter 2013 to Euro 11.3 million, with online operations making a substantial contribution. The steep increase was mainly due to strong growth in sports betting and a positive lottery EBITDA, the company said Tuesday. The reported …
The Oklahoman newspaper reported Monday that undercover FBI employees won and lost thousands of dollars in a covert investigation of Oklahoma gambling operations, federal records show. The agents used the tactic to build a case against online sports betting organisation Legendz Sports operating from Costa Rica, leading to the federal indictment of 34 people in …
The American Gaming Association, trade body for most of the major non-tribal US land gambling groups, published its annual assessment of the industry this week, noting that overall gambling revenues increased by nearly 5 percent in 2012 and jobs held roughly steady. Non-tribal casinos took in $37.3 billion, an increase of 4.8 percent over 2011 …
The latest developments in the failed attempt by Pokerstars parent The Rational Group to buy a New Jersey land casino created mainstream media headlines late Monday when the Isle of Man company was awarded a temporary restraining order stopping Atlantic Club owners Colony Capital LLC from entering into any acquisition deals on the casino for …
Financial problems are growing for the Dutch state-owned land gambling monopoly Holland Casino, reports the ANP news agency, noting that the gambling group posted a loss of Euro 652,000 last year and came under further pressure in the first three months of this year. The organisation, which may soon be privatised, according to various government …
The leader of Australia’s official Opposition, Tony Abbot, intends to more strictly regulate sports betting adverts if his party gets into power in the Australian elections this September. Speaking to ABC news at: http://www.abc.net.au/news/2013-05-05/tony-abbott-promises-gambling-crackdown/4670774, Abbot said that the broadcast of live betting odds during sports events was a particular bone of contention which his party …
Californian single mother-of-four Thuan Le was singled out by Fate for a 42 million-to-1 windfall in the state lottery this week, winning $14 million on a ticket she had not intended to buy. The California State Lottery reports that Le accidentally put $6 in an online self-service terminal at a local convenience store to buy …
Finnplay, the Finnish online gaming software provider, which specialises in affordable and customised gaming solutions, has inked an agreement with 3D online slots developer BetSoftGaming to distribute that company’s full range of games through the Finnplay i-gaming platform. “BetSoftGaming has some of the best 3D games available in the industry, which means our customers can …
The Sun Herald newspaper reports that the Victoria province in Australia is currently the setting for an interesting legal confrontation between Paddy Power subsidiary Sportsbet and a disgruntled local punter who claims that his opportunities to score have been unilaterally reduced by the operator. In litigation filed with the Victorian Civil and Administrative Tribunal, Robert …
Two US Congressmen are recruiting their political colleagues for a revived Congressional Gaming Caucus with a view to protecting the existing gambling industry’s interests and promoting the benefit it brings to the American economy, reports the publication Delaware Online. Bennie Thompson, a Democrat from Mississippi, and Joe Heck, a Republican from Nevada have teamed up …
By investing Euro 30,000 and hospitality expenses, the Irish online social networking and betting company Bragbet has generated plenty of television and media publicity for itself this week. The company sponsored a race at the Punchestown Festival in Ireland and attracted punters, jockeys, owners and race officials to the fun ‘bucking bronco’ machine supervised by …
Online player GL has enjoyed a stunningly profitable week, taking down the Mega Moolah progressive jackpot at Microgaming-powered online Casino LaVida for Euro 3,036,392. More details on the player, his big win and his plans are currently awaited, but the translation of the Italian casino brand (“the good life”) has certainly taken on a new …
The Unibet online gambling group has posted another impressive set of quarterly results for Q1-2013, increasing gross win revenues by 16 percent year-on-year to GBP 59.3 million. Other key performance indicators included: * EBITDA up by 11.7 percent year-on-year to GBP 17.1 million * Operational profit rose some 7.7 percent to GBP 12.5 million. * …
The national lottery in Ireland saw internet sales soar 43 percent in 2012, but despite this strong online performance, revenue generated for good causes fell to Euro 225 million, reports the Irish Times. The support for charity and sports causes was the lowest in the past six years as overall ticket sales eased, the newspaper …
The lacklustre Q1-2013 from American land gambling giant Caesars Entertainment this week – company revenues sank a further 2.9 percent – formed the backdrop for one of the few bright spots in the report – improved performance from the group’s online division, Caesars Interactive Entertainment. Whilst the parent group revenues sank to $2.14 billion, CIE …
Geolocation services provider GeoComply, and payment processing outfit SecureTrading Inc. have joined together to support online gaming in Nevada. SecureTrading Inc. achieved Nevada licensing status as a service provider last month. It is partnering with a number of companies to integrate technology to its specialist payment platform, ultimately providing a single interface for maintaining regulatory …
The UK online gambling group Betfair has announced that it has been successful in defending its position on the Horserace Levy Board’s treatment of its customers following a Judicial Review action brought by rival William Hill plc. The High Court had previously ruled in favour of the position of Betfair as supported by the Levy …