The end of a highly restrictive and monopolistic German land and online gambling regime may be in sight….but the final decision has been postponed until October this year and will in part depend on the position taken by the European Commission on new German proposals. Leaders of the 16 German states, or lander, that control …
The second edition of Microgaming’s online multi-player network tournament, Grand Slam of Slots II, concluded 11 days of fierce competition this week in which a prize pool of $456 700 was awarded to players. The winner was Spin Palace player, A.P, who walked away with a cool $157,515.83, capping a great 24 hours in which …
International Game Technology’s Board of Directors has approved a $500 Million share re-purchase programme of the company’s outstanding common stock. Philip G. Satre, IGT’s Chairman of the Board, commented, “The actions announced today reflect the confidence our management team and Board of Directors have in the Company and our commitment to returning value to our …
The Finnish online gambling website Pelimaailma’s players who voluntarily limit their playing time or self-exclude themselves from playing is on the rise according to Finnish news source YLE.fi Pelimaailma launched six months ago and is owned by state operator, RAY, Finland’s Slot Machine Association and software provider. According to the report approximately three percent of …
Malaysian-based All Global Investments Limited (AGIL), a wholly-owned subsidiary of Guoco Group Limited (Guoco) has announced that it now holds 56.4 percent of the existing share capital of UK online and land gambling group Rank PLC (Rank). Rank rejected a mandatory takeover offer of 150 pence per share earlier this year from Guoco, its biggest …
The Malta parliament discussed the island’s involvement as a regulator in both land and online gambling this week, with Labour MP Alfred Sant warning that although regulatory activities had created both tax revenues and jobs, it was necessary to guard against adverse impacts on society. Tax collected from casinos in 2009 amounted to Euro 9,595,440 …
The prospect of the Canadian province of Saskatchewan joining British Columbia, Quebec and soon Ontario as a regulated online gambling jurisdiction is again front and centre in local media following the comments of Federation of Saskatchewan Indians chief Guy Lonechild this week. The head of the Federation of Saskatchewan Indian Nations is letting the provincial …
Online gambling’s newest regulator, the Channel Island of Jersey is set to welcome delegates to the Gaming Regulators European Forum (GREF) this week. GREF meets annually in plenary session, but also hosts a number of smaller working group meetings during the year. A Jersey government announcement said that Minister for Economic Development, Senator Alan Maclean, …
Party Casino reports that a female player who has elected to remain completely anonymous has hit its progressive slot The Big One on Melon Madness for $4,445,947.40. Whilst not an internet gambling record, the prize is among the biggest ever awarded in online gaming. Remarkably, the lucky lady had only been a customer for nine …
The Betfred online and land gambling company is involved in a major row over a horse race which has dragged in the Gibraltar regulatory authority and the British Horse Racing Association. Betfred, which is based in Gibraltar and is currently acquiring The Tote, has refused to pay out GBP823 000 on bets placed by the …
The state lottery in Ontario, the most populated Canadian province, has announced that it has awarded its internet gambling expert consulting contract to Sports Gaming Limited. The Ontario Lottery and Gaming Corporation advised last August that it intended to follow British Columbia and Quebec in offering regulated online gambling to Canadian residents . Sports Gaming …
The acquisition of Entraction Holding AB by International Game Technology moved ahead this week following the approval of the Maltese anti-trust authorities for the cash offer to shareholders to acquire all A shares and B shares in the Swedish company. IGT has in addition received approval to be the new owner of required licenses in …
The troubled e-cash processor QuickTender, now the object of serious player concerns regarding payments, has moved to update the online gambling community on the latest developments from its perspective. In a statement Tuesday the company notes: “The management of QuickTender would like to give an update on the status of QuickTender account balance. “Contrary to …
The credibility of football faced another challenge in Greece this week as the police reported the arrest of 7 individuals charged with game-fixing activity. Associated Press reports that the latest scandal has rattled the professional game in Greece, where the country’s soccer association suspended its operations on Monday in a move designed to give authorities …
The United States Attorney for the District of Maryland is in the headlines again, with the Baltimore media reporting that the enforcement agency is behind a civil forfeiture action filed this week against e-Gold Limited, a payment processor that exchanged currency for valuable e-metals in electronic credit form, enabling international value transfers between its members. …
Slotland online casino, which develops its own unique online games, has announced the launch of Tikal Treasure, a new ancient Mayan-themed 5 reel, 25 pay-line offering with a variety of features and a six-figure jackpot. Tikal was the capital of one of the most powerful kingdoms of the ancient Maya, and Tikal Treasure mimics the …
Larry Gregory, the departing regulator of Mississippi’s land gambling operations, appears in need of a 101 course on internet gambling, judging by his ill-informed comments on the pastime at a luncheon in Jackson this week. On Gregory’s watch has seen expansion associated with land gambling in the state, with more planned in the future, and …
Following its acquisition of the UK Tote, Betfred will meet with Tote management to develop the future direction of the company reports business newspaper CityAM.com Betfred’s founder Fred Done is looking to expand the Tote pool to improve liquidity into markets such as South Africa, France and Hong Kong while remaining focused on revitalising the …
White label casino and sportsbook provider, TotalESoft.com announced a $160 000 software upgrade to its casino and sportsbook packages this week. The firms “Ultimate Package” now contains 18 languages, over 100 download and instant-play browser games, live dealer table games and sportsbetting, along with a new back-office and affiliate area. Paul Edwards of TotalESoft.com said, …
Euro City Casino announced that a lucky German punter identified as “N.B.”, who lives and works in Munich, hit the Marvel Hulk video slot to take home $187000. A casino spokesperson said her win was recorded just five months after initial registration, defining the term “beginner’s luck”. Commenting on her win, N.B. said “Already early …
Online gambling company Bet365 founder and Stoke City Chairman Peter Coates (73) will be awarded his second honorary degree in July this year. Coates’ first honorary degree was awarded by Staffordshire University three years ago. He will be honoured with the same by Keele University for his “enormous contribution” to North Staffordshire. Leaving school unqualified …
The interactive division of International Game Technology (IGT) has announced the signing of an agreement with the Game Account Network to provide online premium games for the launch of the MoneyGaming internet casino website. A company spokesman said this week that Game Account Network is one of the largest games communities in the world where …
Online gambling giant Bwin.party digital entertainment and FIBA, the world governing body for basketball, have extended their marketing and media rights agreement for FIBA events for the Bwin sports betting brand until 2014. The rights include EuroBasket 2011, the 2012 Olympic qualifying tournaments, EuroBasket 2013 and the 2014 FIBA World Championships, an event that will …
In its third major deal this year the Buenos Aires online gambling games developer Leander Games has signed a content supply agreement with Openbet, the UK provider of interactive gaming and betting solutions. Leander previously signed deals with Playtech’s GTS subsidiary and a branding deal with the heavy metal group Megadeath. The Openbet contract will …