The Hellenic Republic Asset Development Fund (HRDAF) said eight potential investors have submitted an expression of interest (EOI) regarding the share sale of 33 percent of OPAP (Hellenic Football Prognostics Organization). The following entities or consortia responded to the invitation: – BC Partners, a London-based private equity firm whose buyout of the Intelsat global satellite …
Betfair is holding its cards close to its chest as news of the departure of its UK Director Peter Marcus was reported in the media. Marcus, who joined Betfair around 14 months ago from William Hill, reportedly confirmed in an interview with The Financial Times that he is in discussions with the Company concerning his …
A multi-force Canadian police raid, led by the Royal Canadian Mounted Police (RCMP) was conducted in the Ottawa region this week on suspicions relating to an illegal online gambling operation. The two-year investigation dubbed Project Amethyst has seen the arrest of twenty-one people in total who were allegedly involved in an operation that saw millions …
The Pennsylvania Governor Tom Corbett’s administration has made clear its interest in online gambling in conjunction with the gradual management privatisation of the Department of Revenue-run Pennsylvania Lottery. In a statement released Friday which formed an update on talks with unidentified companies on its controversial lottery privatisation plan, Corbett’s administration said ideas relating to online …
Irish bookmaker and online gambling firm Paddy Power has debuted a new social betting game titled “BetDash“. Players have ten days to turn a virtual GBP 100 000 into GBP 1 million using their betting instinct and sporting knowledge. BetDash pays out 25X the player’s initial stake if they achieve the GBP 1 million goal. …
NYX Interactive has renewed its software licensing agreement with Swedish State-licensed operator Folkspel. The extension will enable Folkspel to continue its online growth utilising the NYX Rapid Platform, NYX Bingo, Keno and Scratch card products. David Flynn, chief executive officer of NYX Interactive said “Folkspel has been a valued customer of NYX Interactive since 2006. …
GreenTube Internet Entertainment Solutions GmbH has launched new Novomatic casino games “Diamond 7”, “Flame Dancer” and “Knights Quest” slots with “Marilyn Poker II” a video poker offering. Thomas Graf, chief executive officer of Green Tube comments: “I am very pleased to follow these positive developments Greentube is currently undergoing in terms of creating new products, …
The Board of Spain’s largest autonomous region Castilla y León in the North West has eventually approved a decree to regulate remote gambling which was published in Castilla y León’s Official Gazette early last week. The decree covers regulatory principles, specifies remote gaming channels, consumer protection, the type of games authorised, tax liability and a …
International Game Technology (IGT) delivered a strong performance in its quarterly earnings report this week. Interactive and strong sales in the replacement of slot machines led to better-than-expected fourth quarter earnings causing a spike in the Company’s share price. Fourth Quarter Highlights (compared to last year’s fourth quarter) include: – Total revenues increased 17 percent …
The Nevada Gaming Control Board (NGCB) said gambling revenues in the State during the month of September 2012 were up 3 percent compared to September 2011, while gambling win for the month yielded $ 893 million. Las Vegas Strip delivered revenues of $497 million in September, up 1.2 percent while Las Vegas Downtown was up …
Social betting game “Bookie Mania” has launched on Facebook offering a non-gambling freemium social betting product. In a deal announced in August this year, the Muckleshoot Indian tribe from Puget Sound in Washington State entered into an equity partnership deal with Bookie Mania Ltd which was founded by online gambling veteran and md of Boofel …
mybet Holding SE (formerly JAXX SE and here on the site represented by mybet casino ) published its report on the first nine months of 2012 delivering strong growth but weak bookmaking margins which affected revenue. Key performance highlights for the Group over the period include: – Revenues of Euro 49.3 million, up 14.3 percent. …
3D gaming developer BetSoft Gaming has partnered with gaming software supplier Everymatrix in a game supply deal that includes its Slots3 portfolio as well as other popular titles. “We are thrilled to enter into this lucrative partnership with EveryMatrix,’ said Anthony Locke, BetSoft’s Head of Product Development. ‘We have no doubt that our top quality …
Sportech PLC reported on its progress for the period July 1 to date in its Interim Management Statement released this week saying the Group is trading in line with Board expectations as it makes operational progress across all its business areas. Sportech’s Interactive Products & Services division has successfully launched the full service contract with …
Playtech has signed a game distribution deal with High 5 Games (H5G) that will provide fresh content to its online casino partners while expanding H5G’s online presence. A variety of online games, including some adapted from the terrestrial casino floors will be made available to licensee customers in legal and regulated jurisdictions. “We are very …
Digital sports media group PERFORM has inked a three-year deal with the Italian Lega Serie A to distribute the official Serie A TIM channel across digital platforms. The agreement covers the distribution of official Lega Serie A match content through ePlayer, PERFORM’s sports VOD broadcast platform, that is embedded into the sites of major Italian …
Swedish gaming company Cherry AB has completed the sale of all shares in Cherry Maritime Gaming AB, Astral Maritime Services Ltd and Cherry Services Ltd to Bell Casino AB. Cherry received a consideration of SEK 36.3 million through the purchase settlement, dividends from the sold subsidiaries and from repayment of debt to the parent company …
Gambling expansion proposals on three U.S. State ballots have had a mixed response from voters this week. A Maryland State casino expansion proposal was approved by a narrow margin, while another on the Oregan State ballot was rejected. Rhode Island voters opted for a measured approach, approving two expansions while rejecting another. The Maryland State …
A Malaysian police raid led by Asst Supt Shaharudin Abdul Wahab led to the closure of another three gambling outlets in the main city of Mentakab. The raid initiated on a tip-off netted three caretakers and twelve customers aged between 20 and 50 who were partaking in gambling activities. A total of 38 computers, three …
Central European fixed-odds betting operator Fortuna Entertainment Group (FEG) delivered a respectable first nine months of 2012 report with a year-on-year increase of 8.7 percent in total revenues, despite a loss from its lottery segment due to start-up costs. Key highlights over the period include: – Group’s Amounts Staked up 10.7 percent y-o-y to Euro …
Manila-based land and online gambling group Philweb reported an increase of net income for the first three quarters of 2012 amounting to P 681 million (GBP 10.4 Million), 24 percent higher than the previous year which the company attributed to an excellent performance from its e-Games cafes or PEGS that it operates on behalf of …
WinADay Casino has launched its 34th proprietary slot, a new 5-reel, 30-payline premium game titled “Gladiator Games”. The Roman-themed slots game features a well-built Roman soldier who stands guard over the classically-styled slot reels. Once players win all the pieces of armour for the soldier while adding to their trophy chest, an animated bonus game …
The UK Advertising Standards Authority (ASA) ruled on two online gambling adverts this week, finding both lacking. A press advertisement for Trinity Mirror Plc’s Mirror Casino.com that appeared in the Daily Mirror was censured for featuring cartoon characters that included kid-fave Optimus Prime from Transformers. The complainant objected that the ad was irresponsible, because it …
WMS Industries’ operational website Jackpot Party has released its latest Money Burst online slot game titled “Glitz”. As the name suggests, Glitz takes the player into the world of bling, luxury and riches offering 60 lines for 30 credits, clumped Wilds, bonus features and free spins.