Gambling news - page 1002

Oklahoma tribal dispute with state over internet gambling settled

7 Apr 2013

The stand-off between the state of Oklahoma and the Cheyenne and Arapaho tribes over online gambling has been settled, with the tribes agreeing to take down an internet gaming site. The site has been operation for several months, with tribal authorities arguing that it was permissible. State officials had earlier warned the tribes that their …

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Spanish government clarifies tax demand on internet gamblers

6 Apr 2013

The Spanish government has gone some way to clarifying the confusing issue of taxation on online gamblers, and whether they are allowed to claim relief for losses incurred whilst gambling over the internet. The short answer is that they are not. The finance ministry’s latest communique advises that online gambling losses cannot be set off …

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Rating agency maintains Atlantic City credit level

6 Apr 2013

The influential credit-rating agency Moody’s decided Friday that for now there is no need to change Atlantic City‘s credit rating from the current Baa1. New Jersey’s legalisation of online gambling is expected to help stabilise Atlantic City’s property tax base, but it could also further dampen tourist visits to casinos as gamblers place bets from …

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Bad news for Intrade punters

6 Apr 2013

The financially troubled betting firm Intrade, which served as a predictions platform for elections and non-sports-related events before coming short amid allegations of financial irregularities and suspicious multi-million dollar payments to deceased founder John Delaney  now faces liquidation, according to a report Friday in the New York Times and Bloomberg business news. A month ago …

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WGS releases new ‘Hot Roller’ online slot

5 Apr 2013

WGS Technology Software, an online gambling software developer previously known as Vegas Technology, released its latest slot to licensees this week – a five reeler titled Hot Roller. The girls are Wild in this game, doubling prizes when the symbol surfaces during a win. Dice are the Scatters, with three triggering the Roller Bonus and …

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Virtual currency fighting off a DDoS attack

5 Apr 2013

Bitcoin, a virtual currency used in some online casinos and other e-commerce industries, recently saw demand soar due to the Cyprus banking crisis , but the positive news appears to have attracted the unwanted attention of entities at present unknown that have launched a major Distributed Denial of Services attack on the website. The publication …

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Betdaq declares betting war on Betfair

5 Apr 2013

Betdaq, the online betting exchange recently acquired by the Ladbrokes gambling group, has come out with all guns firing in a confrontational new marketing push spearheaded by some heavy metal publicity stunts and aimed squarely at rival Betfair. The company has hired two military tanks, which it has painted white with purple slogans carrying competitive …

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Vietnamese spend big money on internet sports betting

5 Apr 2013

Tens of millions of dollars are bet online on sports in Vietnam every day officials claimed at a recent conference on cyber security, reports the Thanh Nien news service. Tran Van Hoa, deputy head of the Ministry of Public Security’s High-Tech Crime Fighting Department, revealed that online betting operations are organised in multiple stages with …

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European Commission hiatus on Brit online gambling bill ends

5 Apr 2013

Despite protests from online gambling licensing jurisdictions like Malta and Gibraltar on the British government’s draft law notification to the European Commission on changes to its internet gambling laws, the mandatory ‘stand still’ period, including an add-on occasioned by the complaints, has now ended. The UK government wants to impose a secondary licensing and point-of-consumption …

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Florida ban on internet cafe gambling approved by state legislature

5 Apr 2013

There’s nothing like a scandal to spur lawmakers into faster action that the usual laborious political process, a fact that has been well illustrated in Florida following a massive internet cafe ‘sweepstakes’ gambling fraud involving dozens of arrests and the resignation of the lieutenant governor . Florida legislators reacted with impressive speed to the scandal …

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Romania inaugurates new gambling regulator

5 Apr 2013

It’s taken some time to get organised – the appropriate laws were passed back in 2010 – but the Romanian government has finally appointed a regulator to oversee nationally licensed online gambling operations in the Eastern European country. The tough laws that the National Gambling Office will regulate and enforce in cooperation with the national …

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Dutch online gambling tender process interrupted

4 Apr 2013

Industry speculation was running rife Thursday as news broke that the Dutch Holland Casino has withdrawn its Request for Proposals on internet gambling only weeks after publication and without giving any reasons. The RFP invited online gambling vendors to submit proposals for online gambling services and was first published in February this year The initiative …

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Shoshone Nation enter real-mone online gambling market

4 Apr 2013

The Shoshone Nation tribe in Nevada has extended its technology agreement with the GEObet Network in order to launch real-money online casino gambling on the internet…but U.S. players will for now be excluded until the legal position of the pastime is resolved. Announcing the decision to go live globally with the project Shoshone chief William …

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Betradar launches Live Sports Centre

4 Apr 2013

Betradar launched its new sports betting content product this week, branded Live Sports Centre. The offering adds further interactivity to sports betting websites, providing in-depth and graphically enhanced live content on various sports. Erik Lorenz, Sportradar’s managing director for sales. said Live Sports Centre provides a fully customisable solution for multiple media platforms, with high …

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New table game from World Match

4 Apr 2013

Online gambling software developer World Match has added a new table game to its inventory which it characterises as ‘the perfect synthesis of roulette and slot machine dynamics’. Titled Golden Flash, the new game offers players a highly interactive gaming experience in what it claims is a revolutionary and unique format. World Match holds the …

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Italian approval for Ho Gaming live dealer operations

4 Apr 2013

Live dealer action provider HoGaming reports that it has been approved as an online Live Casino Provider in Italy by regulator Amministrazione Autonoma Monopoli di Stato (AAMS). The approval enables HoGaming to give Italian operators the opportunity to supply their players with an individually-branded suite of live dealer games. From HoGaming’s point of view, it’s …

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Coral CEO under scrutiny for former banking role

4 Apr 2013

The CEO of British land and online gambling group Coral, Andy Hornby, is likely to feature in a reportedly “eviscerating” parliamentary commission report into the failure of the HBOS bank being released today, reports the publication This Is Money. Hornby was chief executive of the lender until it was rescued by LloydsTSB in September 2008, …

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US tribal groups are taking internet gambling seriously

4 Apr 2013

The tribal news service Pechanga.net has become the latest organiser of conferences that will focus on the impact and opportunities of legalised online gambling for tribal gambling entities. The company is sponsoring “Indian Country Online: The 2013 Congress” which will take place June 3-4 at Pechanga Resort and Casino in Temecula, California, with internet gambling …

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2012 revenues weak for Atlantic City

4 Apr 2013

The tale of woe that is Atlantic City continued last year, with land casinos suffering a collective fall of 27 percent in profits during 2012, underlining yet again the urgency of finding a solution to the steady decline in the seaside gambling haven’s fortunes. Associated Press reported Wednesday that the city’s land casinos collectively posted …

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Game Review Q4

4 Apr 2013

Online Channel 888.com kicks off our review with its aptly timed Halloween title:  A Nightmare on Elm St.  The game, featuring 30-paylines, two jackpots, a four-step bonus round and clips from the well-known movie, should satisfy Freddy Kruger fans as he makes special appearances throughout the game. Australian gaming firm Ainsworth released an online version …

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Betfair begins sweeping Blue Square house

3 Apr 2013

Brand Republic reports the end of Blue Square Bet’s six-year sponsorship of the Football Conference following completion of the acquisition of specific assets of Blue Square by Betfair at a cost of GBP 5 million. The Football League and the Football Conference find themselves without a headline sponsor for the 2013/14 season from the end …

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GSN Digital launch Facebook Deal Or No Deal slots

3 Apr 2013

GSN Digital, the interactive division of GSN, has augmented its GSN multigame portal on Facebook with the addition of Deal or No Deal Slots. The new virtual slots game is based on the popular television game show, Deal or No Deal, which was created by production company Endemol. Deal or No Deal Slots is a …

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New Mexico plans to exclude online gambling

3 Apr 2013

The state of New Mexico, home to the Navajo and Pueblo tribal nations, could be the next battleground for online gambling legalisation reports the publication ABQ Journal. Governor Susana Martinez appears to be using new gambling compacts with the tribes as leverage to ensure that internet gambling does not gain a foothold in the south-western …

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Eggcentic new slot previewed by Net Entertainment

3 Apr 2013

The game developers at Net Entertainment have quirky imaginations judging by EggOMatic – the latest video slot to be previewed by company here: Due for release third week in May, EggOMatic is a 5-reel, 3-row 20-line video slot with Wild substitutions, Free Spins and prize eggs. Through its Spreading Wild Egg, Free Spins Egg, Coin …

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