Driven into bankruptcy by its creditors, the Czech national lottery Sazka is now in the hands of bankruptcy administrator Josef Cupka, and a bid has already been offered. The Fortuna Entertainment Group announced Tuesday that it has submitted its official offer to take over Sazka’s lottery business at between CZK 2 billion and CZK 2.5 …
The Greek newspaper Ekathimerini reports that a major scandal involving the state gambling monopoly OPAP is brewing following fraud charges laid Monday by an Athens prosecutor. The charges have been laid against the owner of the Intracom telecommunications systems and technology group, Sokratis Kokkalis, and another four members of the company’s subsidiary Intralot and state …
NetPlay TV, the UK interactive television gambling company, announced its preliminary results for the year ended 31 December 2010 this week. The company showed an increase in revenue from recurring activities of 7.1 percent to GBP19.8 million (2009: GBP18.5 million) but an EBITDA loss of GBP2.78 million (2009: GBP1.32 million). Casino revenue rose 21.8 percent …
The Microgaming-powered King Cashalot progressive jackpot has paid out a huge GBP1.5 million to one lucky Ladbrokes player this week, according to a company announcement which gave little information on the lucky player or his or her plans for the cash bonanza. King Cashalot is one of 37 progressive jackpots, all of which are part …
Online gambling group Betfair’s management woes continued this week with reports that Matt Carter, a ten year veteran in the company responsible for technical architecture and advanced technology, is leaving. Carter’s next career move is not at present known. The Guardian newspaper reported that Carter has become the latest influential employee to quit, following the …
Two men have been indicted by an Oklahoma grand jury for running an online sports betting website over the past two years. David Roy Tune (61) faces allegations on thirty counts that include illegal gambling and racketeering on which he could be punished by 10 years jail-time. Prosecutors claim that the online gambling website launched …
Gibraltar-based bwin.party digital entertainment has issued its first annual report combining the results of consortium members Party Gaming and bwin and revealing some interesting statistics. Key performance indicators for the full year 2010 period: Sportsbetting – (Key Brand: bwin) – 2010 net gaming revenue Euro 258.6 million – Amount wagered in 2010 Euro 3.9 billion …
A new independent Montreal-based venture SAVA Transmedia aims to enter the social and mobile gaming development market. SAVA Transmedia, headed up by Alain Tascan, co-founder of Ubisoft Montréal and founder of EA Montréal, will specialise in the development of social games for new and fast-growing platforms, including Facebook, iOS, Android and Windows Mobile. A company …
Almost a year ago, the RealTime Gaming-powered online casino Freespin.com closed its virtual doors after informing players: “It is with great regret and a heavy heart that we announce that FreeSpin.com casino will be closing on June 30, 2010. “If you currently have a balance with the casino, please either play out your balance or …
Australia’s vehemently anti-gambling independent politician, Nick Xenophon, says that his new anti-micro gambling measure is at least partly designed to counter political wagering on Australian elections. In an interview with ABC TV reported Sunday, the senator warned that gambling has the potential to corrupt the political process. Australia is currently being wracked by political manouevring …
Austria’s GoldBet has announced the imminent launch of its new in-play live betting product. The bookmaker is set to launch its latest offering ahead of the Champions League final between Manchester United and Barcelona this weekend. The proprietary live betting product includes streaming television, up to thirty multiple selections within one bet and up to …
The French online gambling regulatory body, ARJEL, has awarded an additional licence for horserace betting to BetClic Enterprise Limited, bringing to three the number of licences the company holds. Beturf who operates leturf.fr, owned by French horse racing newspaper company Groupe Turf Editions has been awarded approval for a new offering named “The 5 / …
Singapore’s Casino Regulatory Authority (CRA) entered into a Memorandum of Understanding (MoU) with the Nevada Gaming Control Board (NGCB), this week. The agreement, a first for Singapore, paves the way for enhanced collaboration in gaming regulatory issues between the two bodies. Sharing of information, knowledge and skills, expertise and exchange visits and training fall under …
Saskatchewan punters and four other Canadian provinces will be able to place bets on their favourite horses to win over the internet while watching the broadcast live online at no charge, the Marquis Downs racecourse announced this week. The new offering will be operated by North American horse racing service HorsePlayer Interactive. “It is a …
A successor to “Wolf Run”, a popular theme in land-based casinos has debuted in the form of a new online slot “Wild Wolf” from International Game Technology (IGT), this week. Wild Wolf is a 4×5 multi-line, multi-coin slot game with stacked wilds on every reel. Other features include a Free Spins bonus that activates when …
Australian Communications Minister, Senator Stephen Conroy today (Friday) announced the introduction of a multi-sport ban on in-game betting to be rolled out by June 2012. The Council of Australian Governments met Friday and issued a statement through its Select Council of Gambling Reform committee. The Government has undertaken to work with sport and betting industries …
Canadian gaming solutions provider Amaya Gaming has announced a five-year exclusive agreement with Montenegro’s national lottery Lutrija Crne Gore to provide lottery and online gaming technologies and operational support. Amaya will provide lottery services including traditional and SMS lotteries and will be the exclusive operator for online gaming on behalf of Lutrija Crne Gore in …
Sportingbet, a UK-listed online gambling group with Australian interests, released its third quarter financial results this week, showcasing positive revenues, particularly from Australian wagering. Key performance indicators for the quarter included: * Amounts wagered in Australia up 14 percent * Like for like European sports Net Gaming Revenue up 12 percent * Emerging Markets division …
Latest online slot from the Rival internet gambling software developer is a single-line, three-reeler branded Heroes’ Realm featuring knights of yore in a medieval setting, battling a host of skeletons and a pretty intimidating evil leader. Reel symbols cover a fearsome range of ancient weapons, along with ingeniously animated graphics of magic potions and treasure. …
The UK land and online gambling group Ladbrokes has called a review of its GBP8 million advertising account, which is currently with M&C Saatchi, reports the marketing magazine Campaign. A number of agencies have been approached with an initial request for information. The successful agency will be responsible for overseeing all of Ladbrokes’ main brand …
For weeks now player questions regarding slow-and-no pay involving the Quicktender-UseMyWallet processor have been asked within the player community, with the company defending itself by pointing to the difficult conditions in the US market as a result of federal enforcement actions. Then a second round of enforcement actions was announced this week, and players’ worst …
Against a background of political threats to increase Irish taxation on internet gambling operators, William Hill plc’s Gibraltar-based interactive division – William Hill Online – has launched a new Irish internet gambling website. The new site offers Irish punters an extensive range of betting opportunities on a wide variety of global and local sporting events, …
A two-year investigation into Austrian online betting firm, Goldbet Sportwetten GmbH, has come to an end with the company being cleared of all charges by the Innsbruck Public Prosecutor. Goldbet’s troubles started in October 2010 when Italian authority’s identifed in the region of 500 Goldbet betting points operating without local permission, and further suspected that …
Online gaming developer, Microgaming, promises to delight with the imminent release of three new titles. “Sonic 7s”, a 5 reel, 9 payline video slot will be released in June 2011. The slot presents sharp, clear graphics, including bells, sevens, bars and blue cherries and features Wilds, Scatters and Power Spins. The Sonic symbol is the …