Belgian gambling regulators are taking some heavy-handed moves to shut down unlicensed internet operators following the recent launch of the European nation’s regulatory regime. In addition to blacklists of operators sent to ISPs from the Belgian Gaming Commission with a blocking demand, and threats of action against financial channels, it has now emerged that the …
Swedish gaming group, Betsson, reported on its Fourth Quarter and Full Year 2011 performance, presenting another set of strong results. Fourth Quarter Results and KPI’s include: – Revenues amounted to SEK 515.2 million (Q4/2010: SEK 484.3 million) and the operating margin amounted to 33.4 percent (Q4/2010: 26.4 percent) – Operating income amounted to SEK 172.3 …
Betfair will embark on a seven-figure European campaign that for the first time will directly name its competitors. The campaign, which was created by Betfair’s creative team and features the strapline “Don’t Settle for Less”, will appear across TV, print and online and directly compares its prices against competitors that include William Hill, Ladbrokes, Bet …
GigaMedia Limited has regained its NASDAQ Stock Market minimum bid price listing requirements allowing the company to maintain its listing. The online entertainment software and services provider who develops and operates a suite of online games in Asia and retains a 40 percent equity interest in Mangas Everest (“Everest Gaming”), delivered weak results in its …
Golden Nugget has selected Chiligaming as its online gaming partner in the US. The partnership will kick-off with the launch of a free-to-play website due for launch within the next quarter. Chiligaming’s proprietary iGaming platform enables connection with any poker platform or gaming content provider and forms the central feature of the US proposition. The …
Online betting exchange Betfair is experimenting with a new format of TV advertising in partnership with Channel 4 Racing. A 30-second Betfair “in vision” advert will appear with editorial content ‘pushed’ to the corner of the television screen prior to a race featuring on Channel 5 Racing, a first in this style of advertising in …
An unidentified source from the Portuguese ministry of economy is quoted as confirming that the Government expects to collect up to Euro 250 million from online gambling concessions this year, an activity currently illegal in that country. The proposal allegedly arose in an internal Government document towards the end of last year according to The …
Andrew Beveridge, chief executive of eCOGRA, is among the nine executives named in the legal and regulatory section of the latest Hot 50 list published annually by the business publication Gaming Intelligence. The list honours “the most talented, innovative and inspired people working in online gambling” and was this year compiled by a judging panel …
The name Spencer Bachus has become synonymous with often outrageous anti-online gambling statements, but just lately the Republican Party representative for Alabama and House financial services committee chair perhaps has other things on his mind. Our readers will remember the furore last year when it was alleged that some politicians were personally benefitting from inside …
International Game Technology CEO Patti S. Hart announced Thursday that John Vandemore is joining the company as chief financial officer and treasurer, effective February 13, 2012. Vandemore comes to IGT from The Walt Disney Company, where he most recently served as Chief Financial Officer of Walt Disney Imagineering and was responsible for overseeing multi-billion dollar …
Thursday’s hearing of the Senate Committee on Indian Affairs covering the topic “The U.S. Department of Justice Opinion on Internet Gaming: What’s at Stake for Tribes?” predictably delivered a slew of different perspectives and an insight into Indian fears. The president of the Seneca Nation of Indians in New York, Robert Odawi Porter, voiced tribal …
Overall world gambling revenues climbed to a record $419 billion last year, led by growth in Asia, according to the Isle of Man-based Global Betting & Gaming Consultants, which released its latest study this week. Revenue rose 5.6 percent from $397 billion in 2010 and is forecast to reach $448 billion this year, with the …
Betdaq, a European online betting exchange, has agreed an expanded sponsorship deal for 2012 with Jockey Club Racecourses, the largest racecourse group in Britain by courses, fixtures, attendances, prize-money contributions and revenues. The six-figure deal involves 10 of the group’s 14 racecourses and includes a second year of support for midweek Flat racing at Kempton …
South Africa may have some draconian anti-online gambling legislation on the books, including the prosecution of individual internet gamblers a la Washington State, but can these be effectively enforced? Apparently not, according to a remarkably frank admission to the publication ITWeb by the chief executive of the National Gambling Board, Baby Tyawa. Tyawa said her …
The recession-plagued decline in Nevada gambling may have come to an end at last, with more improvement reported by the Nevada Gaming Control Board for December, where Las Vegas Strip casino gambling revenue rose 3.6 percent, bringing the full-year gain to 5.1 percent for a second annual increase. Strip betting revenue rose to $518.4 million …
Industry observers were speculating this week on the new career path of online gambling marketing guru Oscar Nieboer, who has departed his office as global marketing and brand director at Betfair after five years in post. In a brief statement Betfair announced that the responsibilities of marketing and brand creation and control would be taken …
Top European bookie firm Stan James and technology and software provider GTechG2 have announced a collaborative effort in working together to certify the GTech G2 Margin Maker World Till system for launch in South Africa. The two companies have secured certification in the Western Cape, and have initially launched five shops in Cape Town, with …
The online and land gambling company Rank Group plc has posted its six and twelve month results to end December 2011 showing good growth in most of its online interests and recording final victory in a long running tax overpayment dispute with HM Customs and Excise that brought GBP 253 million back into the gambling …
The Swedish internet gambling software developer Net Entertainment posted another impressive set of Q4 and Full Year results Thursday, showcasing a year of new initiatives aimed at sustaining the company’s remarkable growth. Q4 2011 highlights included: – Revenues increased by 21.6 percent to SEK 121.1 (Q4 2010 – SEK 99.6) million – Operating profit amounted …
Industry observers noted a massive win yesterday on Net Entertainment’s slot Hall of Gods. While little information is available at present, the progressive jackpot was reportedly hit by a Swedish man at Unibet Casino for GBP 6 408 252.03. Net Entertainment slot players have had a lucky run in recent times, with the Mega Fortune …
Caesars Entertainment’s IPO launch of 1.81 million shares at $9.06 each met with impressive success on the Nasdaq exchange this week, resulting in an 80 percent bonanza for the company as the stock climbed as high as $17.90 (valuing the company at $2.24 billion) before settling back into the plus $16 range. The company, then …
Betfair is trying its hand at comedy, hiring a team of writers to create content for its @Betfairpoker Twitter feed. Described as something of a social experiment, the media strategy focuses more on comedy than on poker itself, but it has boosted the brand’s social currency, claims head of central online marketing, Ben Carter. The …
The UK Football League’s exclusive data distributor, SIS, has in collaboration with Contagious Sports launched a new pool-based game which will for the first time allow bettors to bet into an in-running pool on live football matches to win jackpots. The Contagious Sports-developed game follows a simple format with each selected match split into 40 …
Vernon’s recently launched British-facing online casino and poker room Vernons.com is launching an extensive television and social media campaign to capture a bigger slice of the market by creating brand awareness. The company, better known for its “The Football Pools” will air its first television campaign this week on Sky, ITV4, Dave, FX, DMAX, Discovery …