The UK-based The Weather Lottery plc’s venture into online gambling appears to be getting into ever-deeper water, with the latest update from the company showcasing widening losses. The company posted a pre-tax loss of just over GBP 789,000 for the year to the end of July – up from GBP 77,000 in the comparative period …
Gov. Chris Christie of New Jersey has again relied on constitutional provisions to delay the latest attempt by state Senator Ray Lesniak to legalise intrastate online gambling, reports NJ.com. Earlier this week, Sen.Lesniak announced that he intended to take full advantage of the new DoJ policy on internet gambling to rapidly push through a legalisation …
The industry saw another example of the thin line between social gaming and a potential cross-over to online gambling in Socialitize Ltd’s launch of a new social betting game 2BET2 on Facebook this week. The new game for Facebook users in essence provides players with an online sportsbook betting on current real-life sporting events using …
GigaMedia Limited’s China online games platform Jidi Joy has announced the acquisition of an unidentified web-based social games development team based in Shanghai. The firm expects to launch multiple proprietary social network games, the first of which is scheduled for roll-out in March 2012, on both its own platform and other social networking portals. “We …
A press advertisement by Irish online gambling firm Paddy Power featuring football player Luiz Suarez with the strapline “”Money-back if Suarez scores. Liverpool v Man UTD. If Suarez scores we’ll refund losing bets” was censured by the UK Advertising Standards Authority. The authority upheld the complaint that the advertisement featuring Luiz Suarez, who was 24-years-old …
Sporting Solutions, the software and data services division of the Sporting Index Group, is launching a new suite of cloud-based trading tools aimed at overhauling the way sportsbooks generate their prices. The internet connection accessible service titled “Cloud Calculation Engines or C²E” provides sportsbook operators with access to Sporting Solutions’ pricing models for both in-play …
Industry veteran software developer Cryptologic has announced that it has acquired, for a nominal consideration, the Maltese online gaming licenses for InterCasino from OIGE, a long-standing customer of the company’s fully hosted online casino platform. The transfer of the licenses has been cleared by the Maltese Lotteries & Gaming Authority. There has been no further …
A 32-year-old Swedish woman lost out on winning a share of 80.5 million kronor ($11.7 million) due to the Swedish Tax Agency (Skatteverket) having her registered at the wrong address, the English-language Swedish newspaper The Local.se reported this week. The nightmare started for Linda Nyqvist when she changed her address on moving to the village …
Whilst a number of state lotteries in the US have expressed interest in the possibilities of internet action following the DoJ’s change of heart regarding the Wire Act , the state of Maine is taking a more conservative approach it appears. According to the Bangor Daily News, the Maine Lottery has no immediate plans to …
Social networking giant Facebook’s “most popular games of 2011” list features casino-style social game offerings, indicative perhaps of the crossover potential between social and online gambling. Industry observers viewed the list with scepticism as Zynga’s popular Cityville game was relegated to third place while Facebook explained that rankings were determined by customer satisfaction of games …
Gaming provider EveryMatrix will provide online gambling operator iGame with a new back office platform with its OddsMatrix sportsbook and mobile solution in a deal sealed this week. Under the terms of the deal iGame.com will be launched under a Maltese licence and a new offering is to be launched to the Danish market using …
According to press material from Bodog88.com, a new live dealer game just launched – Super Six Baccarat – is the fastest growing card game in land-based Asian casinos. The introduction of the game on The Grand Bodog Live Dealer Casino is expected to prove equally popular, a spoksman said this week, noting that players enjoy …
The Wall Street Journal reports that the gambling centre of Macau has a market that is now five times the size of Las Vegas, and that in 2011 its revenues soared 42 percent over the preceding year. Fuelled by a constant flow of VIP visitors from China, revenues rocketed to 267.87 patacas ($33.47 billion) for …
One unwelcome product to emerge during the holiday season was a French decree authorising the use of ISP blocking on sites deemed by regulator ARJEL to be illegal and unauthorised. The decree became the law of the land on January 1 2012 when it was promulgated in the French equivalent of the Government Gazette. It …
In common with other state lotteries, Oregon has a real interest in the recent switch in the US Department of Justice policy regarding online gambling and the Wire Act , and it has lost no time in researching new opportunities. The Oregon Lottery this week announced the formation of an advisory group tasked with studying …
In a stock exchange announcement Tuesday online gambling group 888 Holdings management advised that one of the company’s independent non-executive directors, Michael Constantine, has retired effective December 31. Chairman of the board Richard Kilsby said: “I would like to express on behalf of the Board and all at the company our appreciation of Michael’s contribution …
Bwin.party.digital entertainment, the world’s largest listed online gaming company, launched online poker and casino games in Denmark Tuesday for Danske Licens Spil (‘DLS’), a wholly-owned subsidiary of former monopoly Danske Spil A/S. Owned by the Danish Government (80 percent), Sports Confederation of Denmark (10 percent) and Danish Gymnastics and Sports Associations (10 percent), The Danske …
Following similar recent busts in South Africa and Nigeria, the Indian police in Mumbai reported Monday that six Nigerians have been arrested for fraudulent lottery internet scams. Those detained have been identified as Yoha Fred Jihan (33), Toni Iveka (34), Amadin Jeffery (39), Zarvis Lavani (34), Ekke Enahooro (25) and Thivofelis Iddemudiya (32). The police …
In the period from January to November 2011 the total turnover of Greek land casinos dropped by 18.5 percent compared with the same period in 2010, adding up to Euro 382.2 million, reports the Greek daily Ekathimerini. Last year’s drop exacerbated a declining market that sank 17.7 percent in 2010 and 16 percent in 2009, …
With momentum in the UK building for a ‘secondary licensing’ regime and taxes, the William Hill gambling group has gone on the offensive as the new year starts, again drawing attention to an independent survey it commissioned. The study, conducted by respected international professional services group Deloitte, found that the British government’s proposals for a …
Scanty reports over the holiday weekend that a woman online punter had hit a multi-million pound sterling jackpot on a Fortune Lounge online casino have been at least partially confirmed by the winner’s list for Platinum Play Casino, which this week showcased a GBP 1,965,956.46 won over this period by one SusanC. The now wealthy …
One of online gambling’s doughtiest supporters, New Jersey Senator Ray Lesniak, intends to capitalise on the US Department of Justice change of policy on online gambling by immediately pushing for intrastate legalisation as 2012 starts out. Speaking to the Associated Press news agency Monday, Lesniak said that he’ll try to get a bill through the …
The British Metropolitan Police have launched a dedicated special unit targeting illegal betting scams and event-fixing at the 2012 London Olympics, the first ever in the history of the competition. Olympics Minister Hugh Robertson stated that the fixing of games has surpassed that of doping and poses the biggest threat to the reputation of what …
European online gambling operator Unibet has gone live with Evolution Gaming’s AAMS-approved live casino solution for the Italian market. The Live Casino offering on unibet.it is streamed from Evolution’s new studios in Riga and features native speaking Italian dealers. Unibet’s Italian customers can choose from mainstream Roulette and Blackjack, VIP options, dedicated tables with enhanced …