European Union-wide taxation on online gambling came out of a public hearing arranged by the European Parliament special committee on organised crime, corruption and money laundering whose focus is on the removal of financial control that Mafia organisations are perceived to have over banking institutions in the European Union. “Gambling is just a perfect tool …
Las Vegas-based Caesars Entertainment Corporation and South American casino operator Enjoy have entered into a strategic relationship in Latin America. Enjoy will acquire 45 percent of Caesars Baluma subsidiary which owns and operates the upmarket Uruguayan Resort and Casino, Conrad Punta Del Este, for a consideration of $ 140 million while Caesars will in return …
Social gaming giant Zynga has announced a slew of new appointments within its executive team following a series of high-profile departures earlier this year . – Mark Vranesh, formerly the chief accounting officer, has been appointed chief financial officer succeeding David Wehner who has taken up a position at Facebook Inc. – David Ko, previous …
Connecticut law maker Rep. Stephen Dargan, co-chairman of the legislative public safety committee overseeing legalised gambling, said in an interview this week with courant.com that his committee needs to reconsider the matter of online gambling as revenues from the two tribal casinos in the State dwindle along with continued State deficits. The issue of internet …
bwin.party digital entertainment plc has provided an update to the ongoing saga relating to the detention of its co-CEO Norbert Teufelberger in Belgium Tuesday. The company confirmed that Teufelberger complied voluntarily to attend an interview with representatives of the Belgium Gambling Commission regarding its view that bwin.party is in breach of the country’s gambling legislation. …
Diverse regulatory challenges in Europe’s evolving online gambling industry require a specialist partner to ensure compliance on all levels across numerous markets The regulatory auditing and testing agency eCOGRA has been selected by leading Stoke-on-Trent based online gambling group bet365 to serve as its “third party regulatory testing and certification partner”. Companies are increasingly recognising …
The Eindhoven-based 3D game developer Sheriff Gaming has augmented its 3D slots portfolio with the release of another two games titled “Billion Dollar Movie” and “InCash”. Billion Dollar Movie is a 5-reel, 3-row, 20-payline 3D video slot game in which players experience an action-packed film set as they accompany the director, cast and crew through …
Betable has appointed former vice-president of Zynga‘s mobile division Ya-Bing Chu as its Chief Product Officer. Betable’s platform allows third party app developers to integrate and develop real-money play and virtual goods economies into their applications under Betable’s UK-licence. “This is an opportunity to pioneer this business, and this was too good to pass up,” …
Irish bookmaker Paddy Power’s latest marketing initiative involves a game-show-style campaign for its mobile app “Roller Casino”. The four-week campaign, fronted by Channel 4 game show host George Lamb, will invite consumers to take a flutter on a GBP 1 Million bet, the top prize up for grabs on a single spin of a roulette …
Intralot Interactive has entered the social gaming world with the debut of its Lazyland Social Gaming Suite, no doubt anticipating as successful a product as International Game Technology’s DoubleDown Casino offering. The Lazyland Social Gaming Suite is a partnership between Intralot and the social gaming company Lazyland. It offers a complete gaming experience that leverages …
Initial reports suggest that bwin.party digital entertainment’s co-chief executive officer and the chairman of the European Betting and Gaming Association (EGBA) Norbert Teufelberger has been detained by Belgian authorities for questioning. Industry observers surmise the intervention stems from bwin.party’s presence on the Belgian Gambling Association’s so-call black list of companies it deems as operating illegally …
In digital goods measurement firm SuperData’s latest research report, the social casino games market is said to be worth $ 1.6 Billion rising to $2.4 Billion by 2015. Other interesting data includes: – Monetisation is 1.8 times greater than current social gaming revenue where casino gamers on social networks spent an average of $ 78 …
A 23-year-old former personal banking advisor who stole a total of GBP 72 000 from his father’s bank account to fund his online roulette addiction has landed back in jail for the same offence. David James Collins who was jailed in 2010 for pilfering customer’s and his father’s accounts was sentenced to two years imprisonment …
The World Snooker Masters, a top event on the snooker world calendar, will be named the Betfair Masters following a sponsorship agreement between the two. The Betfair Masters to be held in London from January 13 to 20 will feature 16 top international snooker players. The agreement is an extension to Betfair’s World Snooker relationship …
Gaming firm Bally Technologies will offer online casino table-game content from SHFL Entertainment on its iGaming platform in a deal inked this week. “We are pleased to have entered into this agreement with SHFL,” commented Bally Technologies’ vice president of business development John Connelly. “Operators will have the ability to choose from an array of …
William Hill and GVC Holdings are likely to be granted a further extension to the November 13 deadline regarding its proposed GBP 530 million offer on online gaming group Sportingbet reported Reuters Monday. The extension is required to complete due diligence related to the proposed acquisition.
Gaming machine manufacturer Aristocrat Leisure Ltd has acquired GameAccount Network’s (GAN) nLive platform solution. The agreement covers the acquisition of GAN’s internet gaming system (IGS) and remote game server (RGS) positioning Aristocrat in the internet gaming platform service provider arena, an integral milestone in the firm’s online strategy as it bolsters the Company’s position in …
The German State of North Rhine-Westphalia has voted in favour of joining the German State Treaty on Online Gaming which allows for legalised sports betting but not online poker. “This will create an attractive alternative offer to illegal online poker and online casino games,” said Interior Minister Ralf Jäger. The State Treaty on Online Gaming, …
BetClic Everest subsidiary Bet-At-Home reports a return to net profit in its third quarter results released this week which the Company attributes to successful measures taken in increasing marketing efficiencies relating to customer acquisition and loyalty. Key performance indicators for the three months ending September 30, 2012: – Gross gaming revenue rose by 11.3 percent …
Stockholm-based lottery industry consultants QLot Consulting are assisting the Irish Government on its anticipated National Lottery license tendering process. According to a company statement, QLot have been appointed as co-advisors in cooperation with Davy Corporate Finance, the financial and commercial advisers to the Minister for Expenditure and Public Reform in Ireland, Brendan Howlin. ”We are …
Governor Tom Corbett’s administration has published key terms for a potential Private Management Agreement (PMA) for the Pennsylvania Lottery following interaction with bidders to identify ideas for growing Lottery profits that may include an online offering in the future. While the ownership and control of the Lottery will remain with the State of Pennsylvania, the …
In the aftermath of the Queen’s District Attorney’s Office arrest of 25 Americans across 5 different States associated with illegal sports betting , Pinnacle Sports has clarified its position on accepting play from US-resident punters in an e-mailed statement sent to customers. The company notified customers that as of November 19, 2012 it will automatically …
Government authorities are monitoring online gambling activities in Sarawak and Sabah, the two largest Malaysian states on the island of Borneo, promising to halt expansion of the pastime. Minister Datuk Seri Hishammuddin Tun Hussein of the Malaysian Home Ministry said authorities are determined to stamp out the practice before it worsens and have developed bilateral …
Aristrocrat‘s land-based fav “Pompeii” has been adapted to the online environment in the release of a 5-reel, 243 Ways To Win online slot game of the same name. Winning combinations are created from left to right on 5-reels with 3-rows per reel. Wilds appear on reels 2 and 4 and are depicted by a Volcano …