Gambling news - page 1132

Cyprus gunning for online gambling operators?

17 Nov 2011

Regardless of criticism from the European Commission, the government of Cyprus appears hell-bent on introducing draconian new measures against online gambling operators – surprising in a state that has long been a haven for the genre. The Cyprus Mail reported Thursday that a new law is being discussed by government and parliament which could see …

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Chinese online gambling bust

16 Nov 2011

Shanghai City Police have detained eleven people for allegedly running an illegal internet gambling ring utilising overseas servers. The main suspect, surnamed Xu, is accused of setting up a gambling website and promoting gambling in Mahjong parlours in the Yangpu District in Shanghai, China said a report in the Shanghai Daily. A police raid resulted …

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Witness panel for second cogressional hearing

16 Nov 2011

The witness panel has been published by the House Subcommittee on Commerce, Manufacturing and Trade for its second congressional hearing to be held on Friday, November 18, 2011 titled “Internet Gaming: Regulating in an Online World”. The panel contains an eclectic mix of interested parties that include U.S. House of Representatives Frank Wolf, John Campbell …

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WMS and Neogames releases

16 Nov 2011

WMS Gaming has developed and launched an Old World Roman-themed online slot dubbed “Kingdom Of The Titans”, exclusive to its operational website Jackpot Party.com. Featuring gladiator helmuts, laurel wreath’s, Grecian urns and salvers, this game’s “Spinning Streak” feature is triggered on every line win, where fifteen reels spin but winning symbols hold while the others …

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Strong online and mobile boosts Paddy Power

16 Nov 2011

Irish bookmaker Paddy Power plc released an update for the trading period 1 July to 14 November 2011 showing continued robust growth in both online and mobile. Highlights include: –     UK and Irish Online –     An increase in sportsbook stakes of 31 percent –     Gaming/B2B revenues up by 33 percent –     Proportion of active sportsbook …

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Plus-Five launches Betsphone white label

16 Nov 2011

Plus-Five Gaming has launched a new white-label mobile and online casino at Betsphone.eu for Swedish operator Final Piece Gaming. Betsphone.eu offers customers a smartphone solution utilising Cozy Games content of a range of slot and video poker games, blackjack and roulette on iPhone and Android platforms.  The online casino carries a broad games portfolio from …

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Paddy Power acquires Cayetano

16 Nov 2011

Paddy Power plc has acquired Bulgarian games developer CT Networks Limited (Cayetano) for an undisclosed “capped” consideration that will be determined primarily by the firm’s performance over the next few years. Cayetano, headquartered in the Isle of Man, specialises in games development for the online and mobile gaming markets utilising its Bulgarian-situated team of software …

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Is Betfair´s Black bailing?

16 Nov 2011

Andrew Black, the co-founder of betting exchange Betfair, has sold shares worth about GBP 1.5 million less than a week after the company announced it has found a new chief executive, reports The Guardian newspaper. “The sale is thought to have been triggered by Black subscribing to a share issue at Hyrodec Group, an Aim-listed …

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Kazakhstan deal for Betgenius

16 Nov 2011

Whilst gambling is apparently not the most popular activity with Kazakhstan politicians, one bookmaking company in the eastern nation and former satellite of Russia, OLIMP, appears to be prospering, and this week signed up with global sports betting supplier BetGenius. Reportedly the largest bookie in the country, OLIMP has inked an agreement to license the …

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Another online gambling deal for Mahjong Logic

16 Nov 2011

The online mahjong software developer Mahjong Logic appears to be on a roll this week – only days after signing up 66mahjong,com as a customer  the company has inked a supply deal with Bodog88. Jonas Alm, chief exec at the Isle of Man-based Mahjong Logic says that he is pleased to have such a recognisable …

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Unibet acquires French online gambling group

16 Nov 2011

The major European online gambling group Unibet has inked an agreement to acquire 100 percent of the shares of French company Solfive SAS, owner of SPS Betting France SAS. Under the trademarks EurosportBet and EurosportPoker, licensed by the company Eurosport, Solfive operates a range of gambling and betting products such as sport betting, live betting, …

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51 nations signed up for next year´s international casino expo

16 Nov 2011

Exhibitors from 51 different sovereign states have already taken exhibition stand space at  the 2012 ICE Totally Gaming expo scheduled for late January 2012, the organisers report. Outside host nation the UK, Malta tops the international league table of represented countries with 32 exhibitors, followed by the USA (21), Austria (15), Germany (14) and Italy …

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Massachusetts casino bill through the legislature

16 Nov 2011

Close, but no cigar, appears to be an apt comment on Rep. Dan Winslow’s attempt to attach an online gambling legalisation amendment to Massachusetts legislation approving new land casinos in the state. In September, Winslow’s daring attempt met with success as the House passed the bill with the internet gaming amendment still on board, albeit …

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EU companies line up for Spanish online gambling licenses

16 Nov 2011

The much-anticipated liberalisation of the Spanish online gambling market is now practical reality in a legislative sense, and European online gambling firms are showing their interest by lining up to licence, according to local media reports. It is believed that more than 16 companies have indicated an intention to apply for the new Euro 2 …

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Online gambling´s congressional nemesis under the spotlight

16 Nov 2011

The Washington DC political newspaper Politico, along with a plethora of other US media outlets and blogs, is currently running a story on political enrichment in Congress following last Sunday night’s CBS “Sixty Minutes” television program on the topic, which has ignited wide mainstream coverage in the United States. Among several politicians named in the …

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Swedish honours for Mr Green

16 Nov 2011

Mr Green Casino, the online gambling enterprise built by two of Betsson’s original Swedish founders, has won the Best Gaming Site accolade of the Internetworld-sponsored Top 100 Swedish Internet Sites for the third year running. This is the fourth year in which Mr Green, which operates on four different software platforms, has made the Top …

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Remote Gaming Association applauds EU parliament vote

15 Nov 2011

The Remote Gaming Association, which represents many of the UK’s leading online gambling companies, has joined other representative bodies in applauding Tuesday’s EU Parliament vote on internet gambling. The Association said in a statement that the resolution demonstrates a clear shift in understanding and support for the European licensed online gambling sector. “In particular, it …

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Online gambling an important employer on the Isle of Man

15 Nov 2011

Nearly 700 Isle of Man residents will soon be employed in the e-gaming sector on the Isle of Man, a government minister told the island’s parliament last Tuesday. Answering questions in the House of Keys, Economic Development Minister John Shimmin confirmed 645 people currently worked in the sector, with the number set to rise to …

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EU Parliament votes for more European Commission action in online gambling sector

15 Nov 2011

The much anticipated European Parliament vote on the Creutzmann report on internet gambling has lifted the spirits of online gambling representative bodies, and represents a positive shift in the EU position on a common approach towards online gambling, additionally pressuring the European Commission to pursue infringement cases against national regulatory regimes that are not compliant …

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Betdaq goes to the dogs

15 Nov 2011

The Irish internet betting exchange firm Betdaq has become the official sponsor of the inaugural Greyhound Premier League, a new competition run by the Greyhound Owners’ Breeders’ And Trainers’ Association (GOBATA). The Betdaq Premier League sponsorship aims to introduce an innovative structure to greyhound racing that will help the sport appeal to a wider audience. …

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Early online christmas scratchcard from Neogames

15 Nov 2011

Online scratchcard developer NeoGames is getting into the Christmas spirit early this year with Christmas Joy, its latest high reward scratch card product. This festive season scratch card provides the player with a warm, cozy and festive atmosphere that includes all the fun and excitement of the traditional opening of the presents and decorating the …

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Centrebet punters get access to football pools

15 Nov 2011

Sportech plc subsidiary The Football Pools is now making its betting products available on the Australian internet betting site Centrebet, the company reported this week. Centrebet customers will receive a range of Football Pools games, including the original millionaire maker, Classic Pools, with a GBP 3 million top prize up for grabs, plus popular weekly …

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Betezy breach of contract allegations

15 Nov 2011

Australian professional rugby league football club the Newcastle Knights (Knights) has reportedly instituted legal action against online gambling firm Betezy claiming non-payment of contractual obligations. In a three-year sponsorship deal signed in 2009 between Betezy and the Knights, an agreed percentage of every bet placed on knightsbet.au over and above the A$100 000 annual sponsorship …

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OEG management board movements and results

15 Nov 2011

Estonian online casino operator Olympic Entertainment Group AS (OEG) has announced the appointment of Madis Jääger as new chairman of its management board. Current chairman of the management board Indrek Jürgenson will continue as a board member and Meelis Pielberg will become the third board member. Meelis Pielberg, the new board member of OEG, has …

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