Fourth quarter 2012 stats from the Spanish online gambling regulator La Dirección General de Ordenación del Juego show that GGR reached Euro 61.4 million in the sector, an encouraging rise of just over 40 percent over the third quarter. La Liga football action was attributed as the main driver of the increase, which pushed online …
Reports earlier this week that the CEO of Italian gambling giant SNAI, Stefano Bartoli, was on his way out in an ‘amicable’ departure may have been rooted in the group’s poor 2012 FY performance under his command. The company’s just-released 2012 results make for dismal reading, showing: * Increased losses of Euro 42.6 million (2011: …
Norwegian online gambling regulators were given pause for thought this week following the results of a survey it commissioned to study how Norwegian punters gamble on the Internet. The study found that up to 40 percent of Norwegian respondents admitted that they used online gambling sites other than the Norsk Tipping monopoly during 2012. Betsson …
The Australian land and online casino content supplier Aristocrat has clinched a deal to develop a new nLive online casino site for Soaring Eagle Casino and Resort, a tribal gaming operator in Michigan, United States. Soaring Eagle Casino will become the fourth to be powered by Aristocrat’s nLive solution, and the largest site built thus …
Bally Technologies, Inc., the US land and online gambling supplier, has signed another e-gaming related agreement, this one for a range of online casino games from Ainsworth Game Technology. Ainsworth’s online gaming content will become available to Bally’s e-gaming platform customers, allowing them to deliver a wider range of quality games to their players. The …
The legalisation of online gambling in Illinois is not a prospect that Governor Pat Quinn regards with enthusiasm, a local radio station reported this week. The governor was asked for his reaction to a late proposal suggested by state Senator Terry Link in a land casino bill that Internet gambling be added, making provision for …
Online gambling content developer NYX Interactive and internet gambling operator group Betsson Malta have reached agreement on a deal that will see NYX provide a selection of its NYX OGS games. The titles will be launched within Betsson’s online casino gaming suite and will be available for both PC and mobile devices. The agreement will …
The US land and online gambling content group Bally Technologies has inked a deal with geolocation firm GeoComply that will enable it to include geolocation capability in its e-gaming platform. “By entering into this partnership with GeoComply, we will be one of the first licensed suppliers to offer casino operators a fully integrated geolocation solution …
Enforcement officials in Floyd County, Georgia have raided seven gas station stores after a nine month investigation into alleged online ‘sweepstakes’ style gambling on the premises. The Rome News-Tribune reports that Sheriff department and other officials, including some from the Georgia Department of Revenue, were involved in the mid-morning raids Monday. Sheriff Tim Burkhalter told …
Online gambling group and b2b services provider GVC Holdings plc posted preliminary results for the full year ended December 31 2012 on Tuesday, along with a trading update. Highlights of the year included: * Acquisition of Sportingbet plc completed on 19 March 2013 * Total revenues for 2012 up 34 percent to Euro 59.6 million …
Pedro Quezada (44), a Dominican immigrant and father of five who owns the Apple Deli and Grocery in the low-income Passiac area of New Jersey, has aced the current $338 million Powerball lottery – the fourth biggest jackpot in its history. The lump sum pay-out is $211 million, amounting to about $152 million after state …
The state of Nevada could be about to lead the pack with a new law permitting wagering on the outcome of US elections. Commenting on the introduction to his committee of bill SB418 on Monday, state Senate Judiciary Committee chairman Tick Segerblom explained that the bill seeks to permit intrastate betting on future US presidential …
With the debate about the legality of the proposed UK point-of-consumption based remote gambling tax still swirling around the issue, a British government official this week reported that the infrastructure supporting such a policy could be ready for implementation as early as April 2014 – eight months ahead of previous estimates on implementation. The rapid …
The British research company Stickyeyes has compiled an interesting statistical study that references several leading data sources to draw a picture of the current UK online gambling industry. It shows that sports betting – and specifically ‘in-play’ betting on mobiles – dominates the now GBP 2 billion a year market in revenues, with William Hill …
The Danish Gambling Authority has published its first Annual Report since the liberalisation of online casino games and betting in 2012. Key aspects and indicators for the online sector include: – Betting comprises 15.7 percent of the total market (DKK 1.175 million) – Online casino 11.6 percent (DKK 870 million) – Gaming Machines 24.3 percent …
The Remote Gaming Association (RGA) has challenged the European Commission to intervene on the Greek Government’s intent to extend OPAP‘s land based monopoly to online gambling products. In a statement released today, the RGA expressed its surprise at the Greek Government’s recent notification to the European Commission on amending its existing gambling law to extend …
Betfair has expanded its support of snooker being named as title sponsor of the Snooker World Championship 2013 due to be held at the Sheffield Crucible Theatre from April 20, 2013. Chairmain of the World Snooker Championship, Barry Hearn said: “Betfair has shown tremendous support for our events this season and the exposure they have …
The Financial Times reports that US States pushing for online gambling legalisation are intent on linking with foreign countries to develop a global market of regulated gambling jurisdictions, on the back of the Nevada Gaming Commission’s award of a licence to Gibraltar-based 888 Holdings last week. “Compacts with foreign countries” are a common thread in …
The accusation that online gambling websites are fertile grounds for money laundering operations is frequently made by anti-internet gambling supporters, politicians and self-interested national regulators trying to justify exclusive regulatory regimes, but European experts this week again refuted the idea. The poker information site Flushdraw reports that according to the publication Gaminglaw.eu the issue was …
The US state of Kentucky, which earned itself international notoriety by trying to seize the global domains of 141 online gambling sites several years ago clearly has a different view of internet wagering when it comes to its state lottery revenues. The local broadcaster WAVE3 reported over the weekend that on Friday the Kentucky Lottery …
The US government is applying money laundering regulations to virtual currencies amid growing concern that new forms of cash bought on the Internet are being used to fund illicit activities, reports the Wall Street Journal. Last Monday the U.S. Treasury’s Financial Crimes Enforcement Network released its first “guidance” on the subject. The Journal says that …
Despite operating in a more liberal and competitive market, the former Danish state gambling monopoly Danske Spil has given a good account of itself in 2012, reporting profit of DK 1.8 billion – a 13.8 percent increase over the previous year. Most of the revenues generated came from the Lotteri Spil side of the business, …
In what is presumably a protective precursor to the country regulating and licensing online gambling to certain operators, the Colombian land gambling regulator Coljuegos has warned “illegal’ online operators to steer clear of the country, and urged locals to report any incidents of internet gambling they encounter. Issuing the warning and dire threats of punitive …
Probably carried along by outrage at the recent online gambling scandal in the state, and the consequent resignation of its lieutenant governor, the Florida House of Representatives has wasted no time in approving a new law which is substantially more specific and restrictive regarding internet cafe ‘sweepstakes’ style online gambling. Barely a week after the …