Gambling news - page 1121

Canadian sports betting deal for Paddy Power

14 Dec 2011

The Irish land and online gambling group Paddy Power has again extended its influence internationally with a three year agreement with the British Columbia Lottery Corporation, the provincial lottery operator in British Columbia, Canada, to supply product, pricing and risk management services to BCLC’s online sports betting business from the summer of 2012. BCLC is …

Read now

Stephen Morana appointed as interim CEO of Betfair

14 Dec 2011

The UK online gambling group Betfair plc has confirmed that Stephen Morana, group chief financial officer since 2006, will become Interim CEO as of 1 January 2012. David Yu will step down as CEO and as a director on the 31 December 2011. Morana will fill the post until the arrival in August 2012 of …

Read now

New Jersey sports betting bill backs off on internet betting

14 Dec 2011

According to a report in the publication North Jersey.com this week, the inclusion of online gambling language in Senator Ray Lesniak’s new sports betting bill will be reviewed and almost certainly dropped to avoid delays haggling with federal authorities and the governor himself. Lesniak is wary of Gov. Chris Christie’s power of veto, which he …

Read now

Is Zynga running out of steam?

14 Dec 2011

Execs at social gaming giant Zynga are having an up-and-down week as the company moves closer to its much-anticipated IPO. AppData reported Tuesday that the millions of players daily on the company’s Farmville, Cityville and Poker offerings on Facebook have pushed Zynga to the top of the Daily Average Users leaderboard on the world’s biggest …

Read now

Greek unlicensed gambling worth Euro 7 billion annually

14 Dec 2011

Greek members of parliament were briefed Tuesday on the difficulties of tracking down and taking action against unlicensed online gambling operators by Evgenios Giannakopoulos, the president of the Committee of Surveillance and Control of Gaming. Companies involved in unlicensed gambling in Greece earn about Euro 7 billion a year in revenues that are not taxed, …

Read now

Three major bidders in Greek lottery privatisation

14 Dec 2011

The first stage of the tender for the concession of a licence to operate and manage the Greek State Lotteries, was successfully completed Tuesday, reports the Hellenic Republic Asset Development Fund, the newly established entity with responsibility for managing Greece’s privatisation program. The Fund confirmed that three Expressions of Interest have been received from high …

Read now

Fisticuffs as an online slot theme?

14 Dec 2011

American gambling moguls Frank and Lorenzo Fertitta, who own the Ultimate Fighting Championship franchise, have inked a deal with online slot games developer Endemol to produce a UFC-themed online slot for the UK market, reports Yahoo Sports. The crossover from UFC to online gambling is not a huge leap for the duo, who own the …

Read now

Belgium about to tighten up online gambling enforcement

14 Dec 2011

Despite widespread criticism of its draconian and inequitable new online gambling regulatory regime, Belgium continues to press ahead with its plans, and come January 2012 internet service providers like Telenet, Belgacom, Base and Mobistar will be required by law to block internet gambling sites not licensed under Belgium’s discriminatory laws. The Belgian Gaming Commission will …

Read now

Amaya Gaming in Quebec online gambling deal

13 Dec 2011

The Montreal-based Amaya Gaming group, which includes internet gambling software developer Chartwell Technology, has inked a content provision deal with the Société du jeu virtuel du Québec (SJVQ), a subsidiary of Loto-Québec, to provide online gaming content for its gaming website, Espace-jeux. Espace-jeux is Loto-Québec’s fully licensed online poker and gaming site. A spokesman for …

Read now

WinADay Casino launches Enchanted Gems slot

13 Dec 2011

The WinADay Casino has announced the release of its latest proprietary software video slot titled Enchanted Gems, featuring magical gems that trigger free spins and activate bonus games. The 5 reel video slot has 25 pay-lines and a mystical fantasy theme that showcases three bonuses: the Wild bonus, the Free Spins feature and Pick the …

Read now

bwin.party trading update reveals Ongame Poker sale at an advanced state

13 Dec 2011

Bwin,party.digital entertainment, the online gambling behemoth formed by the merger of Bwin and Party Gaming earlier this year, has released a trading update containing interesting developments within the group, including: • Revenue performance since the end of September in-line with management’s expectations • Continuing Clean EBITDA margin for the full year 2011 expected to be …

Read now

Unibet acquisition of Solfive confirmed with issue of ARJEL licensing

13 Dec 2011

Just on a month ago the online gambling group Unibet announced the conditional acquisition of the French Solfive group for Euro 5.625 million plus net cash adjustment of Euro 1.5 million, the condition being regulator  ARJEL’s approval of the deal. Unibet also provided funds to Solfive to enable the company to settle a fixed debt …

Read now

Online casinos spam a growing German problem

13 Dec 2011

In terms of monopolistic state operators and legal constraints, the German online gambling market is not the easiest place in which to do business, but that does not appear to have deterred online casino marketers and affiliate marketers from bombarding German players with email spam. The German email security company Eleven’s latest survey shows that …

Read now

French self exclusion list fails

12 Dec 2011

The French Government is being sued for Euro 100 000 by a French gambling addict for failing to safeguard his interests after he registered for inclusion on the voluntary gambling exclusion list. The Interior Ministry reportedly registered the 37-year-old man under the incorrect address allowing him to slip through the net allowing him continued access …

Read now

Georgia embraces online gambling

12 Dec 2011

Online casino owners in Georgia, a sovereign state of approx. 4.7 million residents in the Caucasus region of Eurasia, claim a boom in the demand for online casino’s, double that of global growth, as internet access grows in the state. Georgian residents are reportedly embracing the ease of online gambling, with a penchant for online …

Read now

Fierce competitors to team up in Greece

12 Dec 2011

Greek gambling monopoly OPAP has surprised industry observers with the possibility of an alliance between itself, Intralot, Lottomatica and its subsidiary GTech for the exclusive licence to operate State Lotteries according to unnamed sources in a report carried by Capital.gr. Historically fierce competitors with disputes in the past, the joint venture would join the forces …

Read now

Intralot to exit France

12 Dec 2011

French online gambling regulatory body ARJEL has repealed Intralot France’s online sports betting licence on request by the company as it says it has become “no longer possible to continue to operate in the French market in its current state.” Intralot France was awarded a 5-year licence from ARJEL almost a year ago to the …

Read now

Trada Casino awarded IOM licence

12 Dec 2011

The Isle of Man Gambling Supervision Commission has licenced Trada Casino.com, a new no-download online casino powered by Viaden Gaming that includes a mobile gaming platform. TradaGames Services Limited will operate its online offering under tradacasino.com, tradacasino.net, tradagames.com, tradagames.net, tradacasino.co.uk and tradagames.co.uk and seemingly has links to mymobi.ie, a mobile and web applications development company. …

Read now

Virgin Gaming adds video to boost the interactive experience

12 Dec 2011

Virgin Games has partnered with online video hosting provider Vzaar as it moves to enhance interactivity and the player experience across its online gambling properties. Virgin recently completed a full redesign of all its sites as part of a larger effort to better engage users. The partnership with Vzaar will be a key component of …

Read now

Austrian casino disqualified Euro 43 million slot win

12 Dec 2011

Casinos Austria is facing a legal challenge after disqualifying a player’s Euro 43 million slot win at a casino in Bregenz, Austria in March and attempting to fob the player off with a Euro 70 payment and the offer of a free meal. Behar Merlaku (26) thought his ship had come in when the slot …

Read now

A hairy gambling story

12 Dec 2011

Bizarre auction buys for mainly publicity purposes are not new to the online gambling industry – the Golden Palace people have been doing it for years – but the latest of the genre does little for perceptions of the industry. The Daily Mail reported over the weekend that an internet gambling information portal, Online Gambling …

Read now

Baccarat pushes up Nevada revenues in October

10 Dec 2011

Nevada casinos won $961 million in October, posting an 8.1 percent year-on-year increase thanks to heavy action by the high rollers at baccarat tables, the Nevada Gaming Control Board reported Friday. Winnings on the Las Vegas Strip were up 13.3 percent in October after bringing in nearly $561 million that month. The percentage gain comes …

Read now

Ontario online gambling could generate $100 mill for government

10 Dec 2011

The Ontario Lottery and Gaming Corporation published its Request for Proposals as expected Friday amid predictions that the provincial government could benefit by around Cdn$100 million in tax revenues over a five year period. OLGC estimates put the amount wagered over the internet every year by Ontarians at Cdn$ 450 million. The Request for Proposals …

Read now

Delay in implementation of full Danish regulatory system

10 Dec 2011

The Danish Gambling Authority (DGA) has announced a postponement of the entering into force of three executive orders on online betting, land betting and online casino in the soon-to-be regulated market from January 1, 2012 to February 1, 2012. The DGA’s submission to the European Commission on alterations to requirements for the physical location of …

Read now