Gambling news - page 1083

Why social networking is so appealing

11 May 2012

With industry interest in social gaming intensifying, a new research study from Harvard makes for interesting reading this week. The study looked at why tens of millions of people across the world so enjoy publicly sharing their innermost thoughts and activities on social networks like Twitter, Facebook, Foursquare, Instagram and Pinterest. The Los Angeles Times …

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Atlantic City revenues down by 10 percent in April

11 May 2012

The New Jersey Division of Gaming Enforcement released April’s numbers for Atlantic City Thursday, reporting that land casinos as a whole took in $260.6 million, a 10 percent decline from a year ago. Slot machine revenue fell 9.2 percent, to $189.5 million, while table game revenue decreased by 12.1 percent, to $ 71.1 million. The …

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Betsoft launches new 3D slots

11 May 2012

3D online slot developer BetSoft Gaming has launched two new games in the Slots3 series – The Exterminator and Under the Sea. The Exterminator is a five-reel, thirty-line slot game featuring ordinary man Alvin Goodman, working a mundane job with an unusual “client” – he must face off against a wild raccoon! No rubbish bin …

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New Jersey internet gambling bill through assembly committee

11 May 2012

Sen. Ray Lesniak’s second attempt at getting an online gambling legalisation bill through the state Legislature enjoyed further success Thursday when the important House Regulatory Oversight and Gaming Committee voted 3-1, with one abstention, to send the bill to a vote of the full Assembly. Last month the bill was similarly approved by a Senate …

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Nevada land gambling down 11 percent

11 May 2012

The Nevada Gaming Control Board reported Thursday that land gambling operations in the state suffered an 11 percent decline in revenues to $855 million in March compared to the same period a year ago. Most of the state’s top venues saw revenues fall, and even the Las Vegas Strip was down almost 15 percent year-on-year …

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New chief for Aussie company in the U.S.

10 May 2012

The Australian online and land gambling content supplier Aristocrat Leisure Limited has appointed Atul Bali to succeed Nick Khin as president of Aristocrat Americas, effective 30 June 2012 and subject to regulatory approvals. Atul Bali will be joining Aristocrat from the XEN Group, where he has been CEO since 2010, overseeing the expansion of the …

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iSoftBet provides new games to Italian online gambling site

10 May 2012

The Italian online casino operator NetBet.it has announced that it has taken delivery of a new suite of 32 internet casino games from iSoftBet. The games are the latest in a series of new releases that dates back to July 2011, when NetBet took on 30 games from the online games developer The new selection …

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Rank and Gala return to the negotiation table

10 May 2012

It appears that Rank Group plc is still interested in acquiring Gala Coral group despite walking away from negotiations at the end of March this year. The Telegraph newspaper reported Thursday that the two gambling groups have returned to the negotiating table, with Rank still interested in a possible GBP 200 million deal for the …

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Cryptologic reports more losses

10 May 2012

Online gambling software developer Cryptologic, now under new management following the recent Amaya Gaming take-over, has posted a disappointing Q1-2012 report showing plenty of net cash available, but a net loss that has almost quadrupled since the same time last year. First quarter ending March 31 2012 results included the following: —  Net loss of …

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Online betting on the ponies up at Churchill Downs

10 May 2012

Online betting has again made a useful contribution to the Churchill Downs horse racing business, with the latest posted Q1 results showcasing online division gross revenues up 20 percent compared with last year, with TwinSpires.com reporting an increase of 15.2 percent in handle as a result of a rise in new punters. Net revenues rose …

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Interactive operations boost Rank results

10 May 2012

The UK-based land and online gambling Rank Group plc issued its interim management statement covering the 18 and 45 weeks period to 6 May 2012 on Thursday, noting that across the group there was 5 percent like-for-like revenue growth for the 18 weeks to 6 May 2012, with total revenue up 4 percent. For the …

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New techie director hired by Bodog

10 May 2012

Online gambling brand franchiser Bodog appears to be moving increasingly into the field of software development with the appointment by Bodog UK this week of Sathish Seshadri as Software Development Director. The appointment follows Bodog’s success in acquiring a remote gambling software licence from the U.K. Gambling Commission in July 2011 , with management saying …

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Southern conference discusses internet gambling

10 May 2012

Internet gambling was a main topic of discussion at yet another US conference this week when delegates gathered in Biloxi, Mississippi for the Southern Gaming Summit, reports WLOX. Speakers identified internet gaming as the newest frontier for the casino industry in America, and raised the contentious issue of whether the federal government or state administrations …

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Internet gambling could benefit, not pain, land casinos

10 May 2012

Frank Fahrenkopf, the chief executive of the US land gambling trade body the American Gaming Association, has spoken out in favour of internet gambling, reassuring interested parties that it is more likely to benefit land casinos than hurt them. Speaking to reporters after presenting the AGA’s annual “State of the States: The AGA Survey of …

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Space Invaders online slot coming

9 May 2012

FremantleMedia Enterprises has tasked Square Enix Ltd to develop an online slot based on the classic arcade game “Space Invaders” in a two year agreement inked this week. Launched in 1978, the original Space Invaders game garnered a strong cult following that the online version is expected to attract. The new online slot will target …

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DeNA bows to pressure

9 May 2012

Japan’s biggest social gaming operator DeNA Co Ltd will phase out games with gambling aspects, following an investigation into  the game “complete gacha” by the country’s Consumer Affairs Agency said a Reuters report. The announcement follows a slump in the company’s share price of 22 percent attributed to the investigation and subsequent press coverage.

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Unibet online delivering

9 May 2012

The Unibet Group announced solid Q1-2012 results this week. Key Performance Indicators for the three month period to March 31, 2012 include: –     Gross winnings revenue up 36 per cent, amounting to GBP 51.1 million (Q1/2011: GBP 37.5 million) –     Successful completion of acquisition of Betchoice Corporation Pty Ltd for an initial AUD 20 million …

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Gibraltar government working on U.S. relationships

9 May 2012

A  delegation led by Gibraltar’s gambling overseer Minister Gilbert Licudi, attending the GIGse Totally Gaming conference held in San Francisco, used the opportunity to meet with Nevada Governor Brian Sandoval and the Chairman of the Nevada Gaming Control Board Mark Liparelli in a bid to solidify relationships with its U.S. counterparts. According to Investors Offshore, …

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Cherry presents strong online results

9 May 2012

Public Swedish gaming company Cherryföretagen released its latest fiscal report covering its first Quarter 2012 and showcasing strong progress in the online gaming sector. Key Performance Highlights for the three month period ending March 31, 2012: –     Group EBIT increased by 143 percent representing a rise in EBIT for all business areas –     Group turnover …

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New slot salutes the music industry

9 May 2012

Online casino Slotland has added another unique proprietary video slot to its gaming inventory with the release of ‘Greatest Hits’, a five reel, 19 pay-line game with a retro popular music theme. ‘Greatest Hits’ includes a bonus round where players can top the charts with gold and platinum records – and multiply their winnings up …

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IGT Chief leaves Yahoo board

9 May 2012

IGT chief executive officer Patti Hart, who is also a director on the Yahoo board, has indicated that she will not seek re-election following a row over her role on a Yahoo committee that hired chief executive Scott Thompson to run the search engine giant. Questions were subsequently raised by investors regarding Thompson’s qualifications, and …

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Spanish licenses by June 1

8 May 2012

Despite staff changes, extended deadlines, competitive litigation and a slew of applications, Spain’s online gambling regulator will keep its promise to issue licenses to suitable applicants on June 1st, the government’s home affairs and administration ministry announced this week. And once the licenses are issued it will be down to business almost immediately…but there will …

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Online casino appoints a chief marketing officer

8 May 2012

Online casino Mr Green has appointed Ella Hall as Chief Marketing Officer. Prior to joining Mr Green, Hall was the head of marketing at the online bingo site Jackpot Joy. She starts her new role immediately and relocates from London to Mr Green’s headquarters in Malta. “Mr Green is an instantly likeable brand where the …

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Youtube restricts Paddy Power´s latest viral ad

8 May 2012

The marketing publication Campaign Live reports that Paddy Power is continuing to court controversy with its latest viral video ad, a spoof on England football players’ sexual proclivities and ‘goal line technology’. Youtube has slapped an over-18 years old restriction on the vid, which was produced by ad agency Crispin Porter + Bogusky. A Paddy …

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