Amaya Gaming is still mopping up minority lots of Cryptologic shares, on Thursday extending its offer for the sixth time and announcing that it currently controls 89 percent of the stock. The new deadline is June 25, 2012.
In yet another shocking Purple Lounge development Thursday, the new executive management at parent group Media Corp plc, Adam Fraser-Harris and Phil Jackson, announced in a statement that they were consigning the failed online casino and poker enterprise to the corporate equivalent of the knacker’s yard. Despite repeated player requests for dialogue and information over …
Amid financial media reports that Purple Lounge parent Media Corp plc shares have declined still further to half a penny (the 52 week high was 2.08), still unpaid – and uninformed – players were this week planning to lodge legal claims against the company. It is now well over a month since the Purple Lounge …
Online gambling group 888 Holdings advised Thursday that its erstwhile CEO and non-executive director, Gigi Levy, has stepped down from the board just over a year since he resigned as the group’s chief executive. Levy’s resignation in April 2011 took many by surprise, and was reported by The Telegraph newspaper, which noted that he would …
Brace yourselves for massive increases in internet traffic, is the message from the latest Cisco VIsual Networking Index Forecast, which predicts that traffic will increase four times to 1.3 zettabytes (one zettabyte is equal to a trillion gigabytes) by 2016. The company says that by 2016, Internet traffic globally is expected to reach 150 petabytes …
The UK publicly listed online gambling group Sportingbet plc released its Q3 numbers ended April 30 Wednesday, showing: * Amounts wagered up at GBP 555.9 million (Q3 2011: GBP 507.3 million) * Net gaming revenue down at GBP 43.4 million (Q3 2011: GBP 54.7 million) 52 percent of NGR was generated from regulated territories and …
A recently released list of ‘red flag alert’ words used by the US Department of Homeland Security may prove a disappointment to gamblers who hew to the persecution theory that the Department is out to get them…the word ‘gambling’ is not on the list. Nevertheless, there are some puzzling inclusions that enforcement officials seem to …
Legalised sports betting in California moved a step closer Tuesday when the state Senate approved Sen. Rod Wright’s Bill SB1390 by 32 to 2, sending it to the House for further consideration. Wright told the Los Angeles Times that he expects the federal government to eventually change the federal Professional Amateur Sports Protection Act that …
Unconfirmed reports in a number of Irish internet publications suggest that the Irish taxman has postponed plans to extend Irish taxation to online gambling firms to 2014. InterGame quotes Irish minister Paul Kehoe on the issue, and reports that the delay is due to lawmakers focusing on more urgent issues connected with Ireland’s economy and …
The impatiently awaited detail on Bwin.Party digital entertainment’s promised entry into the social gaming field was finally provided by the online gambling giant in an announcement Wednesday. Highlights of the announcement include: • Investment of up to $50 million (Euro 40 million) over the next two years • Establishment of a new social games studio …
Marketing affiliates report that they have been informed by the operator of the Wintingo online gambling site that a switch from Microgaming to the less well known PariPlay platform is imminent. Detail is sparse, but it is understood that Wintingo is moving away from All Slots, with which it was closely associated, on June 3rd. …
The launch in Spain of the first online gambling operations bearing the .es domain suffix is to be slightly delayed after licenses are issued on June 1st, according to a letter to operators from the Spanish industry trade association JDigital this week. The delay is by mutual agreement with the regulator and will only see …
The UK online gambling group Sportingbet has appointed Rory Macnamara, an existing non-executive director of the company and chairman of its Audit Committee, as the new Senior Independent non-executive director of the group. Macnamara takes over the role from Brian Harris, who will remain on the board as a non-executive director. The change takes place …
Italian online gambling observers have noted from the latest AAMS statistics that the action in April slowed compared with the previous month, although the numbers look better than the same time in 2011. Gross gaming revenue increased 16.4 percent year-on-year to Euro 67.7 million, thanks principally to solid results in the online casino and poker …
The conversation Downunder on the federal government’s proposals following a review of the Interactive Gambling Act deepened Tuesday, with the following points emerging: * Online poker tournaments and live sports betting online could be legalised, but not micro-betting where punters wager on individual events within a game. * The government’s intent appears to be to …
Online gambling software and games developer Playtech plc has joined Virgin Games’ supplier list following an agreement between the parties announced in London Tuesday. The partnership will allow Virgin Games to further enhance its offering by adding Playtech’s online slot games to its gaming suite. Virgin Games has established a direct integration with Playtech, giving …
Australian gambling giant Tabcorp Holdings Limited has been quick to voice an opinion on the federal government’s review of the Interactive Gambling Act and the recommendations outlined in the Interim Report released by the Department of Broadband, Communications and the Digital Economy (DBCDE). In a public statement, the company said it has long favoured a …
The Australian federal government’s recommendations on how to improve the 11-year-old Interactive Gambling Act in order to halt illegal offshore operators and improve consumer protection is generating debate Downunder at present, including as it does 35 proposals that are open for consultation and debate. The review appears to have concluded that the Act as currently …
Australian university online gambling researcher Sally Gainsbury is seldom at a loss for words on problem gambling and the internet punting environment, and she again voiced an opinion this week, backing a federal government intention to prohibit micro-betting, including ball-by-ball wagers on sporting games. The Australian Broadcasting Corporation quotes Gainsbury as saying that micro-betting on …
FremantleMedia Enterprises (FME) has inked an agreement with leading global branded play company, Hasbro, Inc. to develop the Trivial Pursuit and Connect 4 brands for slots and instant win games for online and mobile gambling channels. The two games are highly visible global brands, and FME plans to develop and translate them into the online …
The Belgian government launched counter-litigation against Bwin.Party this week in response to the gambling group’s legal challenge to its inclusion on a blacklist that could lead to ISP blocking from the European nation’s market. Major UK and European online gambling companies appear to have been selected for the black list with maximum publicity in mind, …
888 Holdings has become the latest major online gambling company to comply with the Spanish taxman’s demand for back-taxes, falling into line with other top companies like Bwin. Party, Sportingbet and Betfair in the hope of securing licenses to operate in the Spanish market on June 1. A stock exchange statement from the company Monday …
New Jersey’s looming confrontation with federal law and sports bodies over the Professional Amateur Sports Protection Act could face legal hurdles that may be difficult to clear, according to respected NBC Sports writer, Mike Florio. Responding to an article by Tim Dahlberg of the Associated Press over the weekend , Florio suggests that Dahlberg may …
Malaysian police in the Kota Tinggi region caught five men red-handed gambling over the internet when they staged an early morning raid on an illegal gambling venue over the weekend. Police Anti -Vice, Gambling and Secret Societies division head Deputy Superintendent Mohammad Abdul Hamid told The Straits Times that a week of investigation and surveillance …