William Hill has recruited an additional twenty-five people to its In-Play Trading department bringing its headcount to eighty-five. The bookmaker secured additional office space in Leeds to accommodate the expansion and said it expects to further expand the team by a similar number next year.
Betfair Group plc has appointed Alexander Gersh as its new chief financial officer and executive director effective December 3, 2012, replacing Stephen Morana who announced his intention to step down on the appointment of a successor . Gersh joins Betfair from the position of chief financial officer at NDS Group, a supplier of technology solutions …
Aristocrat Leisure Limited announced its full year results for the nine months to September, 30 2012, in line with its recent change to the business’ financial year end. Key performance highlights include: – A 12 month profit of $91.7 million, ahead of expectation which represents a 69.2 percent rise in net profit after tax (NPAT) …
Canadian entertainment solutions provider Amaya Gaming Group reported record revenues and a five-fold sequential increase in adjusted EBITDA in its third quarter ending September 30, 2012 financial results. Going into the fourth quarter, Amaya has made significant and strategic deals during this month alone that include the acquisition of the Ongame Network Ltd, who subsequently …
Global Gaming Network Inc. said it has made major improvements to its Amped Fantasy.com fantasy sports website. New features were released to take advantage of the remainder of the NFL season, including playoff games and Super Bowl 2013. New additions include: – favourite player pick and store, – freeroll contests for cash with no entry …
A partner to social gaming application Trophy Slots, but offering web-based real-money casino games, has been launched on the Cash Ball Network. Cash Ball Ltd’s new online casino Trophy Vegas will operate under an Isle of Man gaming licence offering gaming options from Next Gen Gaming, NYX and Microgaming. Another example of the growing convergence …
French operator Pari Mutuel Urbain (PMU) has released its fourth edition survey results on the recreational sporting habits of its countrymen. Key insights into the physical habits of the French include: – 69 percent of the French regularly practice a sport. – 81 percent follow sport on television with the internet the second preferred platform …
Initial reports suggest Malta’s Lotteries and Gaming Authority (LGA) chief regulatory officer Dr Joe Borg has resigned to take up a position as senior advisor at WH Partners, a legal firm specialising in gaming. Borg joined the LGA in 2007 from a position at Vodafone Malta and also serves as a Trustee of the International …
The Canadian Senate is preparing for the controversial debate of private member bill C-290 which will allow for betting on single event sports games in Canada. The bill has garnered wide-spread criticism from pro and amateur sporting leagues, problem gambling specialists and politicians on its passage through the House of Commons where it passed with …
Dublin-based online trading exchange website Intrade is in the hot seat with a civil complaint filed in a U.S. Federal District Court against it by the U.S. Commodity Futures Trading Commission (CFTC). According to the civil suit, it is alleged that the companies The Prediction Market Limited (Intrade) and Trade Exchange Network Limited (TEN) “solicited, …
Aristocrat Leisure Ltd has strengthened its push into the online social casino market with the announcement of the acquisition of social gaming firm Product Madness Inc. for an undisclosed consideration. San Francisco and London-based Product Madness Inc. is listed amongst the top five operators in the social casino slot genre on Facebook. The acquisition will …
GigaMedia Limited’s board of directors has appointed Mo-Na Chien as its new chairman, replacing outgoing chairman Michael Ding with immediate effect. Ding resigned his position citing increased commitments with other business interests including his current role as chairman and chief executive officer of Waterland Securities Co. Ltd. Chien, who has been a member of the …
The Responsible Gambling Trust (RGT) has appointed Hilary Stewart-Jones as the charity’s fifth independent trustee giving the RGT board an equal balance of independent and industry-related representatives. Stewart-Jones commenting on her appointment said: “I very much look forward to providing impartial advice and support to the Responsible Gambling Trust to help the charity become an …
Online poker room and casino PKR.com has announced its biggest payout in its six-year history when its $408 479 progressive jackpot was won earlier this month. 36-year-old full-time mom “Jayleigh76” from Donegal hit the progressive jackpot playing “Adventures in Wonderland” on a stake of just 20 cents. “I really can’t explain how I felt. It …
Bodog Asia has announced the appointment of Torbjorn Wallin in the newly created role of Chief Digital Marketing Officer for the Bodog brand. Previously employed by bwin.party digital entertainment, Wallin will relocate to Bodog’s new headquarters in Manila to take up the position. Bodog Asia managing director, Robert Gustafsson commenting on the appointment said: “Digital …
BetClic Everest Group subsidiary Bet-At-Home will continue its title sponsorship of the Austrian ATP 250 tennis event in Kitzbühel, Austria for a further two years. Under the terms of the agreement, the event will be named the Bet-At-Home.com Cup. The tennis tournament, held since 1945 on clay courts, regained its top tour status in 2011 …
The Danish Gambling Authority (DGA) said it has identified a further eight operators who offer gambling on the Danish gambling market without authorisation. The operators in question have apparently been given fair warning and a directive from the authority to cease their activities but continue to do so, resulting in the DGA requesting assistance from …
The Remote Gambling Association (RGA) and the European Gaming and Betting Association (EGBA) have jointly filed a complaint with the European Commission regarding the non-notification of regulations that will extend OPAP’s monopoly on online gambling and impose harsh enforcement measures while the compliance of the new law with European Union law remains in question. The …
Canadian provincial gambling provider Loto-Québec released its Q2-2012 results, delivering a stronger performance that that in its first quarter which it attributes to stringent spending controls and the continued robust performance of its online gambling offering at Espacejeux.com. Internet gambling on the Espacejeux.com website delivered revenues of CAD$ 5.2 million up by 24.9 percent over …
A case heard in the Russian Pskov City Court recently, in which prosecutors wanted internet service provider Rostelecom to block access to online gambling sites, was dismissed by the court who ruled “while online gambling is prohibited, providing access is not”. While the ruling provided some relief to ISP’s, it was short-lived as a more …
Online betting exchange Betfair said it will withdraw from the Greek market until such time as there is greater clarity on gaming regulation, according to a Reuters report. Betfair’s battle with the Greek Government questioned the cost and conditions associated with gambling permits which would allow it to trade in the country. “According to legal …
The Cyprus Mail reports that police across the Mediterranean island will step up anti-online gambling activity over the festive season. Police spokesman Andreas Angelides told the newspaper that the police would intensify anti-gambling campaigns during the Christmas holiday season when leisurely Cypriots like to gamble. “There is a specific roadmap and plan,” Angelides said, referring …
Former Ulster Bank chief and recently appointed chief financial officer of Paddy Power, Cormac McCarthy, was awarded 35 000 conditional shares under the company’s “2004 long-term incentive plan” last week which according to this week’s closing price are currently worth around Euro 2.02 million. The shares commit McCarthy to Paddy Power until 2015, the earliest …
UK leader of the Labour Party Ed Miliband’s campaign against tax avoidance may turn on him as a generous benefactor to the Labour Party is said to have saved millions in taxes by operating from Gibraltar. Peter and Denise Coates’ online gambling firm bet365 is under scrutiny with detractors saying more than a third of …