There are ambitious plans afoot for one of the four remote areas designated by the Russian government as legalised gambling areas, with avid Chinese gamblers the main target for a major gambling resort complex in the largely industrial and naval city of Vladivostok, a two-hour flight from South Korea and Japan. The hope is that …
Following a month of extensive player testing in beta format, the new social gaming slots site Trophy Slots, has announced it is now fully operational on Facebook. “Launching out of BETA is a big milestone for us, not only because we are going live, but also because we have successfully optimized the game with the …
It appears from an interview published in CardPlayer Tuesday that the trade body representing land casino interests in Colorado, the Colorado Gaming Association, has ambitions to introduce an online gambling legalisation bill to the state Legislature next year. The executive director of the body, Lois Rice, told CardPlayer that the CGA has already drafted a …
Hitting the headlines on the publication Philly.com Tuesday was the arrest of 13 alleged members of the Genovese crime family by the FBI, accused of running a multi-million sports betting enterprise through a website, Beteagle.com, in Costa Rica. Those detained included an 80-year-old and his 72-year-old top lieutenant, accused of racketeering and conspiracy offences connected …
Betgenius Limited, a provider of data-driven software solutions to the global sports betting industry, has signed an agreement with Betfair to supply its automated sportsbook management products. Betgenius will help power Betfair’s power new fixed-odds product which is already available in some regions and will continue to be launched into other existing and newly regulated …
Annual online sales in the British national lottery, the biggest source of UK internet gambling wagers, have soared by GBP 216.7 million to a record GBP 1.04 billion, the operator Camelot reports, noting that interactive and subscription sales were up more than 25 percent. Instant play games generated GBP 1.725 billion, a GBP 289.9 million …
Atlantis Internet Group Corp. has signed two more US tribes to its Tribal Gaming Network (TGN), a private gaming network that links Indian Casinos nationwide. The latest two tribes to join the network are the White Earth Nation, the largest Tribe located in Minnesota and Big Lagoon Rancheria from Northern California. White Earth has agreed …
Following the announcement yesterday that Bwin.Party is to pay the retro-active Spanish online gambling tax, rival group Sportingbet has announced that it will also pay up, assessing that this will cost the company Euro 14 million, plus surcharges and interest of up to Euro 3.2 million. “The payment of these taxes maximises the likelihood of …
The cat-and-mouse game played between online gambling operators and so-called advantage players has resulted in hugely complicated and lengthy Terms and Conditions at many online venues, and bitter debates over their application. This week a UK court threw out a spread betting firm’s case, ruling that the company’s 49-page terms and conditions were an “unfair …
Following its frenetic IPO launch at $42.05 a share last Friday, social networking site Facebook was back at $38.23 – Thursday’s proposed price – by afternoon trading Monday, disappointing many analysts and investors. During initial trading the stock rose as high as $45, only to drop back as the day wore on. Media reports were …
The China Daily newspaper reports that lottery sales in China increased 26.4 percent year-on-year in April to reach 23.58 billion yuan ($3.73 billion), according to Ministry of Finance numbers released today (Tuesday.) Welfare lottery ticket sales amounted to 13.35 billion yuan in April, up 26.1 percent from a year ago, while sales of sports lottery …
Operating an internet gambling shop in Malaysia’s heavily enforced anti-gambling environment is a risky venture at the best of times; reopening in the same location after a police raid is just asking for trouble, as an unnamed operator found to his cost over the weekend. Just weeks after being prosecuted – and losing valuable computer …
Jody K., a young mother on maternity leave, had a lucky run when she won a $172 320 progressive jackpot playing the Enchanted Gems slot at WinADay Casino.com. The excited winner was looking forward to shopping for her kids and will invest the rest in their education.
At last the Maltese Lotteries and Gaming Authority (LGA) has responded on the Purple Lounge issue with a brief public statement on its website revealing that Purple Lounge (Malta) Limited requested that the LGA terminate its licences on April, 23 2012. The Authority assures readers that it terminated the licences only after it had confirmed …
.party Digital has taken exception to its inclusion on the Belgian Gaming Commission’s black list and has reportedly initiated an interim injunction against the Gaming Commission and the Belgian Federal Justice Minister Annemie Turtelboom. According to Belgian publication L’Echo, the summary procedure was instituted at the Court of First Instance in Brussels late last week …
WMS Industries will enhance its B2B game server and interactive content distribution with the acquisition of online gaming content provider Jadestone Group AB for an undisclosed consideration. Termed as a “tuck-in” acquisition, Jadestone capabilities will enhance WMS’ portfolio of gaming content, online products and content distribution for online gaming companies while accelerating its strategy of …
It’s now been a week since Purple Lounge Casino players learned of the unlamented departure from parent Media Corp plc of chairman Justin Drummond and chief executive officer Sara Vincent, yet players have still not been contacted directly by the new management to assure them that their reportedly segregated funds remain safe, or given any …
Despite higher revenues across the group, Chinese gambling firm AGTech produced a mediocre financial performance in Q1-2012, posting the following numbers: * Revenues up 117 percent to HK$42.3 million. * Gross profit up 73.2 percent to HK$25.2 million * Operating profit of HK$674, 000; an improvement compared with last year’s Q1 loss of HK$2.4 million. …
Europe’s biggest online gambling operator, Bwin.Party digital entertainment, has issued a statement explaining its position on Spanish market regulatory and taxation issues, noting that: • Spain is expected to issue eGaming licences for all products (except slots) at the beginning of June 2012 • The Spanish tax authority has required that online operators with customers …
Jamaica’s reputation as a centre for lottery fraudsters may be positively changed as the extensive police drive against the fraudsters on the Caribbean island continues to disrupt fraud rings and send crooks scurrying for cover. Over the past few weeks a special police task force has been raiding premises, seizing ill-gotten gains and information and …
Online gambling group Betfair is about to launch a new fixed-odds betting website that will bring it into more direct competition with traditional bookies, The Telegraph newspaper reported Sunday. The new site will apparently be ready for action in time for the Euro 2012 football championship, and will widen the internet betting company’s offering into …
Joplin, Missouri resident Kenneth B. Lovett (72), who was arrested earlier this year on 16 counts of running illegal online gambling operations has pleaded guilty to a single count to reduce his liability. Appearing in the Springfield district court Friday, Lovett entered a plea of transmitting wagering information over the Internet. The plea agreement Lovett …
Perhaps unsurprisingly, given the tough economic conditions, the Greek gambling monopoly OPAP turned in a weak set of Q1-2012 numbers this week, reporting: • Revenues down 5 percent to Euro 1,065.2 million (2011: Euro 1,121.4 million) • EBITDA 13.9 percent lower to Euro 184.4 million (2011: Euro 214.2 million) • Distribution costs down by 7.6 …
The Alderney Gambling Control Commission has awarded its 105th licence to its first International charity lottery. The People’s Postcode Lottery forms part of global charity lottery group Novamedia/Postcode Lotteries who according to London newspaper City AM is the third largest private fundraiser in the world. Robin Le Prevost, director for eCommerce Development for the States …