Gambling news - page 1010

Nevada wants to bet on political elections

26 Mar 2013

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 …

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Earlier introduction for the Brit POC gambling tax

26 Mar 2013

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 …

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Sports betting leads the charge in UK online gambling

26 Mar 2013

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 …

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Danish gambling authority reports on market

26 Mar 2013

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 …

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RGA expresses surprise at OPAP online monopoly expansion

26 Mar 2013

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 …

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Betfair snooker commitment continues

26 Mar 2013

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 …

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Global market for US states

25 Mar 2013

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 …

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Money laundering not a major threat in online gambling

24 Mar 2013

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 …

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Kentucky state lottery going online

24 Mar 2013

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 …

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US to tighten virtual currency controls

23 Mar 2013

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 …

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Danske Spil FY 2012 results encouraging

23 Mar 2013

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, …

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Colombia moving toward online gambling regulation

23 Mar 2013

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 …

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Florida lowers the boom on internet cafe gambling

23 Mar 2013

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 …

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New games for Cantor Gaming

23 Mar 2013

Cantor Gaming has announced the release of two new games to its Cantor Mobile Casino portfolio this week. “Slottery” and “Mobile Millions” are new casino games made available to patrons of Colusa Casino Resort (“Colusa”) in California. Colusa patrons can play both games on their mobile devices by downloading Cantor Gaming’s Cantor Mobile Casino™ application. …

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Cash Cow farm from Revolver Gaming

22 Mar 2013

London-based development studio Revolver Gaming has released “Cash Cow Farm”, a 45-line 5 x 5 reel feature-rich slot game themed on farm life with iconography covering fruit, vegetables and up-tempo livestock. Featuring bonus games Mooo-lah! which is triggered by herding three or more cows for a bonus milking game, and Pigchinko triggered by filling a …

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Gala Coral expands SG Gaming relationship

22 Mar 2013

SG Gaming, the recently formed division of Scientific Games Corporation, has extended its land-based relationship with Gala Coral into the online environment. The interactive element will enable the two groups to work towards providing players with multiple ways to access SG Gaming content across a range of channels. SG Gaming’s content will be deployed on …

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Tipp24 to relocate to United Kingdom

22 Mar 2013

German-based gambling firm Tipp24 SE intends relocating its registered office from Germany to the United Kingdom as part of its strategic realignment. Subject to approval from Tipp24 SE shareholders, the move will allow the company to develop its international business in the UK and North America from the future base in the UK, where the …

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Zynga to relaunch online gaming website

22 Mar 2013

Reuters reports the imminent re-launch of social gaming giant Zynga’s online gaming website within the next week. The launch will allow users to play Zynga games for the first time without having to first sign-in to social network Facebook.  The move follows an amendment to the special relationship previously held between Facebook and Zynga since …

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Will Hill opens sports book at Plaza Hotel

22 Mar 2013

William Hill has launched its redesigned flagship race and sportsbook at the Plaza Hotel and Casino in downtown Las Vegas. The state of the art space includes 75 TV screens and 12 display boards amongst other comforts. Officiated by former Las Vegas Mayor Oscar Goodman, the Sportsbook enables punters to sign up for its new …

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Massive win at Partycasino

22 Mar 2013

bwin.party digital entertainment’ s Party Casino.com reports a huge jackpot payout of $7 525 851.86. The lucky punter, a 46-year old amateur poker player was attempting to qualify for the Montreal World Poker Tour event on the website.  On a whim he decided to have a quick flutter throwing just $3 at the Melon Madness …

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Operators hopeful on Italian online exchange betting

22 Mar 2013

Hopes that the Italian regulator AAMS will permit online betting exchange action in that dedicated market were boosted this week by the news that Italian finance minister Vittorio Grilli has indicated he has no problem with the concept. According to Agipronews, on Thursday minister Grilli signed a ministerial decree regulating P2P or exchange betting, which …

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The Rational Group has big plans for New Jersey, says Atlantic Club exec

22 Mar 2013

In an interview on the public service broadcaster NJTVonline this week, the chief operating officer of New Jersey’s Atlantic Club land casino, Michael Frawley, talked about the application by Pokerstars parent The Rational Group to buy the troubled Atlantic City operation, giving an insight into the considerable investment that the Isle of Man online poker …

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Early exit from Swansea FC sponsorship for 32Red

22 Mar 2013

Online gambling group 32Red has agreed to a premature end to its five year sponsorship agreement with the Swansea City football club to allow the club to negotiate with new potential parties interested in further developing its Liberty Stadium. Both parties stressed that the decision to end the sponsorship was mutual and amicable, and in …

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Stan James the best for the second consecutive year

22 Mar 2013

Last year the independent odds comparison site Oddschecker, using betting data across all of the prestigious Cheltenham Festival horse races, showed that Gibraltar-based bookmaker Stan James offered the best overall prices across the four days of competition…and now the well-established bookmaker has done it again by becoming Best Raceday Value Bookmaker at the 2013 Cheltenham …

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