Gambling news - page 1059

Social sportsbetting deal signed by bwin.party

12 Sep 2012

Bwin.Party’s new social gaming oriented business unit Win has signed an agreement with social gaming company, Nordeus to develop initially a social sports betting application. Win was launched in May this year with the mission of finding the right partner to help the gambling group fully exploit its strong presence in real money sports betting. …

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Sportsbetting the driver in latest Betfair results

11 Sep 2012

Sports betting in the UK’s much-hyped “Summer of Sports” was the main contributor to revenues for online gambling group Betfair plc in its first quarter report for the financial year 2013. Key performance indicators for the period included: * Core Betfair revenue up 13 percent to GBP 91.6 million (Q1 FY12: GBP 80.8 million) * …

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Codere online up and running in Spain

11 Sep 2012

The major Spanish gambling group Codere has somewhat belatedly launched its dedicated online poker, casino and sports betting operation in Spain under the Tu Victoria.es brand, several months behind the first companies to  take advantage of the European nation’s new and more liberal online gambling code. GTechG2 powers the new site, which will take its …

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Disappointing third quarter from Shuffle Master

11 Sep 2012

Shuffle Master paid a price for a set of Q3-2012 results that did not meet analyst expectations this week, seeing its share price drop by 8 percent. Shares slumped in after-market trading Monday after the US gambling supply company reported that expenses increased after it hired a chief strategy officer and filled its general counsel …

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Novomatic doubles profit in H1-2012

11 Sep 2012

Online and land supplier and operator Novomatic has posted a sterling set of H1-2012 results, reporting the following highlights: * Profit for the period up 112 percent to Euro 111.9 million * Revenues up 13.6 percent to Euro 743.7 million. Revenue split into segments showed that Sales contributed Euro 68.5 million; Rental Euro 247.4 million; …

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Inspired Gaming appoints Burda

11 Sep 2012

Server-based gaming provider Inspired Gaming Group has appointed Gerhard Burda as Non-Executive Strategic Advisor. Burda will be working with Inspired’s global leadership team to develop the company’s product offering and increase its market penetration in strategic gaming regions. He spent eight years as managing director and chief executive officer of the German Atronic Group, prior …

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Cambodian online gambling bust

11 Sep 2012

114 Indonesian nationals were reportedly arrested by Cambodian authorities this week and are facing charges of running illegal online gambling according to AFP. The alleged online football betting ring involved 90 men and 24 women operating from two residences in the capital city of Phnom Penh. Chhay Sinarith of the Cambodian Interior Ministry said the …

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Nevada turns in good July casino revenues

11 Sep 2012

The Nevada State Gaming Control Board reported a 17 percent rise in State casino revenues during July 2012 compared to the same period last year which were largely attributed to a strong  month for Las Vegas Strip venues. Las Vegas Strip revenues contributed $597 million, up 28 percent y-o-y, of the total $1 Billion recorded …

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Samvo joins FIFA Early Warning System

11 Sep 2012

London and Zurich-based gambling firm Samvo announced its partnership with FIFA’s Early Warning System GmbH (EWS) joining other bookmakers committed to protecting the integrity of football. EWS, founded by FIFA in 2005, relies on the cooperation of over 400 global sport betting organisations along side its own technical monitoring system to prevent betting fraud through …

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New Facebook slots

10 Sep 2012

California-based social gaming developer Digital Chocolate launched SLOTS! on Facebook this week. The new social network casino-style offering provides slot fans with seven differently-themed slot machines that include “Magic Woods”, “Marie’s Bakery” and “Lucky Shots” with Wild West, safari and underwater adventures theming others. The strong social element allows players bigger rewards linked to how …

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ARJEL repeals licences on request of operators

10 Sep 2012

According to the French online gambling authority ARJEL it repealed four online gaming licences last week at the request of the relevant operators. Operators requesting revocation of approvals were SNAI France SAS and bwin.party’s Electraworks SAS (partybets.fr and gamebookers.fr) in the sportsbetting category along with The Nation Traffic SAS (Titan Poker.fr)and Full Fun (PokerXtrem) in …

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Betfair lays complaint with EC against Cyprus

10 Sep 2012

Betfair has announced it will lodge a formal complaint with the European Commission (EC) today (Monday) with regard to the newly passed Cypriot gambling legislation which the company says may lead to betting exchanges being unable to operate legally in Cyprus. The new law adopted by the Cypriot Parliament in early July 2012 additionally prohibits …

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Thanks, but no thanks say Golden Nugget gamblers

10 Sep 2012

The row over gamblers allegedly taking advantage of predictable cards from an unshuffled deck at Reno’s Golden Nugget casino is set to escalate dramatically following the rejection this weekend of owner Tilman Fertitta’s offer to pay the gamblers. It may be a case of too little, too late for Fertitta, whose minions stand accused of …

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Interesting legal arguments emerge on New Jersey sports betting

8 Sep 2012

Legal arguments triggered by the major sports leagues’ attempts to sue the state of New Jersey over its new law allowing intrastate single game sports betting warmed up this week as New Jersey’s Washington DC lawyers fired back. The Press of Atlantic City reports that New Jersey’s legal representatives presented interesting argument that: * The …

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Revenues and profits sink at Loto Quebec

8 Sep 2012

Online gambling operations were one of the few bright spots in Loto-Quebec’s Q1-2012 results for the period ended June 25, the Canadian provincial gambling provider reported this weeks Internet gambling on the Espacejeux.com website delivered revenues up 30.7 percent over Q1-2011 at Cdn$ 5.9 million. Overall, the province-owned group’s results were hardly exciting; net profit …

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Jackpotjoy launches GBP 4 million marketing campaign

7 Sep 2012

Gamesys subsidiary Jackpotjoy.com has launched a GBP 4 Million marketing campaign to encourage greater interaction with its members. On site members will have new and exciting features said the company, with a strong Social Media undercurrent between Jackpotjoy’s Facebook and Twitter accounts. “Jackpotjoy.com has always focused on the importance of having fun,” said managing director …

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BetVictor buys Botsphere

7 Sep 2012

The Gibraltar-based online gambling company BetVictor announced Thursday that it has acquired Botsphere Ltd, a UK based provider of automated trading solutions, for an undisclosed sum. Botsphere was founded in 2005 by technology entrepreneurs Stewart Vassie and Julian Leach, who had previously created and sold Oddschecker. Botsphere is based in London, with 14 full time …

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Face Up Gaming to close beta testing

6 Sep 2012

New York-based social gaming company Face Up Entertainment Group has announced it is in Alpha testing of its Facebook integrated gaming software and are planning on closing Beta testing within 45 days. Face Up’s proprietary non-wagering gaming platform comprises cross language functionality and games from across multiple International regions.  Its poker product underwent a soft …

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Ex Ladbrokes CEO to chair Bet Butler

6 Sep 2012

Former Ladbrokes chief executive officer Chris Bell has reportedly become Chairman of concierge betting service Bet Butler. Serving as Ladbrokes chief executive officer just short of a decade before departing in 2010, Bell currently serves as a senior director at Quintain, a non-executive director at Spirit and is actively involved with the Responsible Gambling Strategy …

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Redbet renamed Nordic Leisure ltd

6 Sep 2012

Redbet Holding AB has changed its name to Nordic Leisure AB in a bid to “be neutral from the Redbet.com company brand.” Claes Hallén, chief executive officer said: “We have long noted that the world equated parent Redbet Holding AB and the operations conducted within Redbet.com. In order to highlight that our company group business …

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Belgian Gaming Commission adds to black list

6 Sep 2012

The now closely watched Belgian Gaming Commission’s (BGC) website-posted blacklist has added another ten domains to its unauthorised website list. The domains will be blocked by the four most prominent Belgian internet service providers. Latest additions are: Betfred.com Bingocams.com 32redbingo.com zeturf.com winpalace.com bidyes.com gimigames.com www2.williamhill.com www.rivapoker.com www.stargames.com

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Betfair and ECB ink information sharing MoU

6 Sep 2012

Betfair Plc and the England and Wales Cricket Board (ECB) have signed a Memorandum of Understanding (MoU) information sharing agreement enabling the two organisations to share information on potential betting integrity related issues. The MoU is relevant to any cricket played under the auspices of the ECB, including England international matches and all County cricket …

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Bet-At-Home fails to respond to ASA

6 Sep 2012

The UK Advertising Standards Authority (ASA) expressed its disappointment at Bet-At-Home’s failure to respond to questions it posed with regard to a website banner ad that appeared on charltonathletic-mad.co.uk. The complainant challenged whether the ad straplined “Life is a Game” which featured a woman’s naked midriff and other suggestive images was offensive in that it …

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PERFORM acquires Sportal GmbH

6 Sep 2012

Digital sports content distributor PERFORM has announced its acquisition of German sports media company Sportal GmbH from a group of private investors for an undisclosed consideration. Sportal owns Sportal.de, a popular sports portal in the German market and also provides a range of content, production and technology services for clients such as Spiegel, Süddeutsche, RTL/sport.de, …

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