Gambling news - page 1109

Net Entertainment’s Subtopia

17 Feb 2012

The much anticipated underwater adventure-themed “Subtopia” video slot from Net Entertainment has made its debut. This 5-reel, 20-line graphic-rich game takes the player on an exploration down into the depths of uncharted waters in a submarine. With free spins, a multiplier meter, wilds, scatters, quick spin and reel spin suspense this game is sure to …

Read now

Loto-Quebec accredits NMi testing

17 Feb 2012

Compliance testing and auditing services firm NMi has received a testing facility accreditation from Canadian government agency Loto-Québec following an extensive vetting process. “NMi are now in a position to offer certification against the stringent standards and best practice that Loto-Quebec have adopted,” said Dr. Rich Edwards of NMi. “We have extensive experience of the …

Read now

Betfair in greyhound sponsorship

17 Feb 2012

Online betting exchange Betfair has become the new sponsor of Irish greyhound race “the Shelbourne 600” in a deal signed with the Irish Greyhound Board (IGB) and Shelbourne Park race course. The race is a leading fixture on the Irish greyhound racing calendar taking place annually in April. Graham Ross, regional manager for Betfair in …

Read now

Ray delivers record results

17 Feb 2012

Finland’s Raha-automaattiyhdistys (RAY), a state owned gambling monopoly whose proceeds go to domestic charities and social welfare projects, has released record results for its 2011 financial year. Key performance indicators for the period, included: –     Total profits of Euro 410.8 million, Euro 29.1 million over the previous year. –     Disbursement of Euro 73.7 million to …

Read now

Unibet seeking agency for GBP 2M ad account

17 Feb 2012

Unibet is reportedly in a bid to secure a new advertising agency to handle its GBP 2 million UK advertising account. The Swedish-owned gambling company has called for pitches, approaching agencies directly according to CampaignLive.

Read now

Svenska Spel to review offerings

17 Feb 2012

State-owned Swedish gaming operator Svenska Spel has announced a review of its current offerings following its 2011 fiscal report showcasing  5 percent growth in profit over 2010 amounting to $5.0007 billion and a 0.7 percent increase in net gaming revenue. Although delivering respectable growth in terms of profit, the firm’s third highest ever results, Svenska …

Read now

Amaya launches Moldova’s first national lottery

17 Feb 2012

A 20-year exclusive contract with the Republic of Moldova announced by the Amaya Gaming Group in September 2011 has come to fruition with the official launch of “Milioane Pentru Moldova”, the country’s first national lottery. The lottery, officially launched on February 15, is based on Short Message Service (SMS) technology.  Mobile device users in Moldova …

Read now

Korean online gambling network bust

17 Feb 2012

Korean and Thai authorities cracked down on an illegal internet gambling operation this week, arresting three male Koreans in their twenties. Computers and other online gambling evidence were confiscated along with the arrests of Woo Lee, Soong Lee and Jim Cho in South Pattaya, Thailand. Authorities have issued a warrant for the arrest of the …

Read now

Goal.com signs Paddy Power

17 Feb 2012

Irish gambling firm Paddy Power has entered into a partnership deal with digital sports media business PERFORM’s football website Goal.com as its latest bookmaking partner. Along with a large selection of markets, Paddy Power offers in-play action on hundreds of games and free live streams of top European leagues such as Serie A and South …

Read now

Canada sports betting moves closer

17 Feb 2012

It’s a slow and tortuous political path, but a proposal to legalise single game sports betting in Canada has been quietly making progress over the past few months, and this week passed a key committee stage that has forwarded the bill for a parliamentary third reading before going to the Canadian Senate. The bill in …

Read now

Manchester City welcomes Paddy Power sponsorship

16 Feb 2012

Top UK football club Manchester City has announced that it has teamed up with bookmaking firm Paddy Power as its official UK betting partner in a deal that will see Paddy Power and the club collaborate across a wide range of commercial activities. As part of the deal – running until the end of the …

Read now

Directorate changes at Mediacorp

16 Feb 2012

Jason Drummond and Stephen Pettman have departed the board of directors at Media Corporation plc, the AIM quoted advertising network and online gaming group, which recently signed an agreement to provide online gambling content to the revamped Hippodrome Casino in London. Justin Drummond, who was appointed executive chairman to replace Jason Drummond at the agm, …

Read now

Favourable European Court of Justive ruling

16 Feb 2012

The European Court of Justice has again ruled that national regulators must not discriminate against foreign companies trying to enter their markets from other EU nations, warning that it is against EU law for national legislation to seek to protect the market position of incumbents. In an important preliminary ruling Thursday in the joint cases …

Read now

Ladbrokes releases Q3-2011 numbers

16 Feb 2012

The major UK online and land gambling group Ladbrokes has posted its Q3-2011 results, showcasing a small increase in revenues, but a correspondingly small decline in operating profit. Highlights of the report, which details the company’s performance for the three months to September 30, include: * Group net revenue up 2.5 percent. * Group operating …

Read now

Antigua mulls reigniting its WTO dispute with America

16 Feb 2012

The eight year World Trade Organisation stand-off between the government of Antigua and Barbuda and the United States over internet gambling could be about to hit the headlines again. On Wednesday the island government’s Finance and Economy Minister Harold Lovell announced that the government is thinking about resurrecting the dispute in the WTO on the …

Read now

William Hill sponsors dart fans website

16 Feb 2012

The recently launched Darts Web-Fans, a website designed for and run by fans of the professional sport of darts, has signed a sponsorship deal with UK betting and gaming firm William Hill. The website features content on the Professional Darts Corporation (PDC) and British Darts Organisation (BDO) formats of professional darts including player rankings and …

Read now

Media Corporation to defend legal claim

16 Feb 2012

Media Corporation Plc, recently in the news with the announcement of a joint venture partnership agreement with Hippodrome Casino , has advised of a claim in excess of GBP 300 000 laid against it and a dormant subsidiary of the Company, Search Focus Limited. While little information has been released on the nature of the …

Read now

RGA challenges Greek tax on remote gambling

16 Feb 2012

The Remote Gambling Association (RGA) is challenging Greece’s new online gambling taxation proposals in that Country’s courts. The current proposal requires licenced gambling operators who have historically been active in the Greek market to pay retrospective taxes on revenues earned from Greece-based customers from January 1, 2010 until new licences are awarded. Licenced gambling operators …

Read now

Zynga puts Slingo on Facebook

16 Feb 2012

Social gaming giant Zynga acquired the rights to create a new version of Slingo Inc’s 15-year-old land slot and web game for launch on Facebook. Zynga Slingo, a combination of traditional Bingo and a slot machine, was reportedly launched on Facebook today (Wednesday) in 14 languages. Industry observers note that the game is perfectly aligned …

Read now

OLBG supprts British horse racing

16 Feb 2012

Sports betting community website OLBG.com has signed up as sponsor of the Cheltenham Festival’s Grade 2 National Hunt race “The David Nicholson Mares’ Hurdle”. The race, to be renamed the OLBG Mares Hurdle (for The David Nicholson Trophy), is run over two miles and four furlongs and is open to mares aged four years and …

Read now

Lottomatica delivers strong results

16 Feb 2012

Italian gaming group Lottomatica Group S.p.A. has announced its full year unaudited preliminary results indicating a strong performance in 2011 with growth across all business segments. Group Key Performance Highlights include: –     Consolidated Revenues of Euro 2.97 billion (2010: Euro 2.31 billion), up 28.5 percent –     EBITDA of Euro 970 million (2010: Euro 812 million), …

Read now

Unibet turn in strong quarter 4 performance

16 Feb 2012

The European internet gambling group Unibet plc has posted a strong Q4-2011 performance, with gross winnings revenue revenue up by 26 percent to GBP 44.7 million, continuing Unibet’s recovery from a weak H1-2011 and lifting revenues for the full year 5 percent to GBP 154.4 million (FY-2010 GBP147.5 million). Other highlights included: ·     Profit from …

Read now

Interactive games developer acquired by Novomatic

14 Feb 2012

The giant Austrian gambling equipment and games supply group Novomatic has acquired internet games software developer Mazooma along with the UK’s largest gaming machine operator Gamestec, Bell-Fruit Games and RLMS, according to a report on the Intergame website. Novomatic already owns the Greentube online games development company in its native Austria, and the latest moves …

Read now

More research into online sports betting necessary says Aussie committee

13 Feb 2012

In Australia, the joint Select Committee on Gambling Reform has submitted its report, calling for more research, a ban on promoting live odds at sporting venues and during event broadcasts and generally tighter controls. Chaired by independent MP and anti-online gambling politician Andrew Wilkie, the committee opined that betting on sport is proliferating and is …

Read now