The British media are reporting that a parliamentary announcement yesterday (Wednesday) by a government minister heralds the imposition of the much debated ‘secondary licensing’ regime, designed to enable British-licensed online gambling firms to better compete against offshore operators who access the UK market, but pay lower taxes in their jurisdictions. John Penrose, the minister for …
Sports betting and gaming provider William Hill will be launching a new site williamhill.it for the Italian online market later this month. The bookmaker and gaming firm will kick-off with a casino offering, shortly followed by bingo, poker and sportsbook and will be supported by an imaginative marketing campaign to maximise awareness of the brand …
Cherry Malta Ltd and EuroSlots Ltd, subsidiaries of Cherryföretagen, has announced the appointment of Marius Andersen (37) in the position of chief operating officer of online gaming. Formerly a Business Area Manager within Cherry, Andersen previously held a position as country manager for Betsson in Norway and holds a Master of International Marketing degree from …
JOAONLINE, the online subsidiary of France’s third largest casino group JOAGROUPE, has extended its existing sportsbetting partnership with FRANCE-PARI and will expand its betting offering going forward. The partnership will see the existing sports betting offering expand to include fixed odds and live betting in September 2011, with France-Pari supplying the platform software, managing the …
As of 17h00 (Tuesday), the Guoco Group had received valid acceptances equating to 47.32 percent of existing issued share capital (184,855,790 Rank shares) from Rank Group shareholders bringing to 71.53 percent the total number of Rank shares owned by Guoco Group members. Despite assurances from Guoco that the company intended to maintain Rank’s listing, Executive …
Malaysian police continued their blitz on internet gambling this week, arresting 13 people and seizing 54 computers and 41 slot machines in a raid at a shopping mall in Ampang. Raiding party leader DSP Mohamed Mokhsein Mohamed Zain said the 13, aged 19 to 50 years-old, were arrested in the raid on three premises at …
The former French gambling monopoly Pari-Mutuel Urbain (PMU) reported strong first half 2011 results this week, attributed to historical growth and successful diversification. Key performance highlights for the first six months of 2011 compared to the same period in 2010 include: – Overall growth in revenue of Euro 5.1 billion, up 8.1 percent – Overall …
The widely discussed rumour that GTechG2’s Boss Media online gambling subsidiary has had its Malta licence revoked was firmly scotched this week in a notification displayed on regulator LGA’s website. The notice, headed “False Report on Licensee”, read: “The Lotteries and Gaming Authority (Malta) categorically denies the allegations published on an internet website in relation …
Atlantic City gambling operators under pressure from a four-and-a-half year business drought caused by the recession and competition from neighbouring states were feeling a little more optimistic this week as official statistics for the month of June showed a little improvement. Casino revenues fell just 3.7 percent in June, to $276.2 million, whilst June slot …
Official figures for May 2011 released this week show that Nevada gaming revenues soared by 16.2 percent overall, driven mainly by baccarat and slot performances, reports Barron’s business news. Vegas Strip revenue rose 28.9 percent compared with a 2.2 percent drop on the Strip in April, and a 13 percent gain in March this year. …
The New Zealand government’s abhorrence of internet gambling is selective; it appears, as the national lottery presses ahead with plans to exploit the internet in order to boost sales. According to TVNZ, the national Lottery Commission’s statement of intent for the next two years includes selling lotto tickets in supermarkets and a push towards more …
Online betting exchange Betfair announced the creation of an emerging markets position, this week and has hired Matt Robinson to fill it. Robinson will join the company as Emerging Markets Director from the position of Central Marketing Director at Bwin.party Digital Entertainment plc and will report to Niall Wass, Betfair’s Chief Commercial Officer. A company …
ConradK, a UK online punter with a new taste for live dealer action, became a big winner on live roulette at Guru Play Casino.com last week, cashing out Euro 40 000 on his first trial of live dealer gambling. The punter told casino management that he was surfing around the internet when he saw an …
Sheikh Al Khalifa is unlikely to be popular with other members of the Bahraini royal family following UK and Bahraini court orders enforcing a GBP240,272 betting debt owed to the UK-based Spreadex company, a financial and sports spread betting organisation. The Ahul Bayt news agency reports that unless the debt was paid in full by …
The French regulator ARJEL has announced the approval of new online gambling licenses to Aubsail SAS in respect of its operation France-pari-sportif.fr, which is authorised to offer a range of internet sports betting that includes fixed odds and live betting. The licence was issued for five years from July 7. France-bet-sportif.com is the brainchild of …
The events of Black Friday in the United States have probably added momentum to British Culture Secretary Jeremy Hunt’s review of UK online gambling, The Guardian newspaper reported over the weekend. Hunt is preparing to radically overhaul online gambling licensing rules, reportedly to ensure that the Exchequer gets his cut through new advertising restrictions on …
Entering the competitive UK sports betting market this week is a new company co-owned by Cheshire businessman Paul Antrobus, his son Steven and gambling experts Leon Hosking and Chris Calderwood. Branded ApolloBet.com, the site is powered by the Isle of Man regulated JenningsBet and claims membership of the Association of British Bookmakers. Pro snooker player …
English Premier League Wigan Athletic Football Club confirmed its most lucrative shirt sponsorship in the club’s history of a two-year deal signed with online betting brand 12BET. The Manchester-based club sponsorship is effective from July 1 2011 and 12BET’s logo will appear on all Wigan Athletic replica shirts and training apparel, excluding juniors, for the …
Media and online gaming company Media Corporation Plc presented its third quarter trading update this week. The company reported good growth in revenues from its media division, Eyeconomy but declining results from its online gaming arm, Purple Lounge in its third fiscal quarter. Q3 2011 Key Performance Indicators include: – Group Revenues of GBP 11.4 …
The French National Commission for Data Protection Authority (CNIL) and online gaming regulatory authority ARJEL will be teaming up to oversee compliance and data protection issues. The two independent administrative authorities will begin on-site inspections of the thirty-five French-licenced online gaming operators to ensure compliance with regulatory objectives including the fight against addiction, protection of …
A New Jersey financial advisor ruined both his career and his reputation, and prejudiced his clients, through his inability to control his internet gambling, a court of law heard this week. Daniel J. Trolaro (35) pleaded guilty to stealing $1.9 million in client money and losing most of it to feed an online gambling addiction …
Finland’s state tri-opoly on internet gambling could benefit from the country’s new coalition government, which has hinted at an intention to restrict still further any competition from foreign internet gambling companies. Government spokesmen have not been specific in how this is to be achieved, but the overall intention is to restrict any incursions by foreign …
Managers from Rewards Affiliates have informed affiliate marketers that the MiniVegas group of online casinos is the latest Casino Rewards acquisition. To date no official and general public announcement has been made, but the agreement apparently involves seven Microgaming powered and eCOGRA accredited online casinos that are well established. The consideration paid has not been …
Online casino software provider, Net Entertainment has clinched two further supply deals with G.Matica and Interwetten for the Italian market. G.Matica, already licenced by the Italian gaming authority AAMS to offer online sports betting, poker and casino has signed a multi-year agreement with Net Entertainment as their online casino games supplier. Net Entertainment’s existing client, …