The news that former 888.com chief executive Gigi Levy is among the investors in the Israeli internet social gaming start-up Playtika continues to make headlines in industry media.
Lee Amaitis, the president of mobile gambling technology firm Cantor Gaming, has informed a Senate Judiciary Committee that allowing guests to gamble using mobile devices in their hotel rooms and within the premises of licensed US land casinos, could deliver an additional $18.5 million in tax revenues.
Amid widening reports of delayed payments to US affiliates and players, the Europe-based e-payment company Quick Tender-UseMyWallet confirmed this week that it has stopped sending funds to US players.
Denise Coates, co-CEO and founder of the successful UK online gambling group Bet365.com, has revealed that the company has applied for an online gambling licence in Australia in its first offshore venture.
Brighton, UK residents Zachary Woodham (19) and Louis Tobenhouse (18) narrowly escaped jail this week, but have to do some hefty community service, after pleading guilty to hacking into online gambling and hosting websites and stealing credit card details which they subsequently sold on a ‘black’ hacker site.
The Italian regulator AAMS is due to sign a memorandum of understanding with French regulatory body ARJEL in the near future, tmnews.it reported this week.
Irish bookmaker Paddy Power announced in an Interim Management Statement that its strong momentum continues into 2011 for the period 1 January 2011 to 15 May 2011 (YTD).
Should UK Bookmaker Betfred’s bid for the tote be successful, the firm has revealed it will return GBP 11 million to horseracing in 2012, followed by a minimum of GBP 9 million in each of the subsequent six years if racing meets a number of commercial agreements.
Ahead of the new terrestrial Hippodrome Casino scheduled to open in Leicester Square later this year, the company launched its online offering at hippodromecasino.com this week.
Online gaming and media group, Media Corporation PLC (Media Corp) has announced the sale of another of its domains Sport.co.uk in a deal worth GBP 200 000.
Online casino and skill games developer, GameAcount Network, will provide its proprietary internet gaming system to operators in Italy, the company announced this week.
Live Dealer gaming firm, Evolution Gaming, has been certified by Italy’s gaming authority, AAMS to provide real-time, interactive Live Casino games.
Following a 38 percent William Hill investor rebellion this week, with shareholders disgruntled about CEO Ralph Topping’s remuneration package, Ladbrokes investors appear to have followed suit.
Bookmaker William Hill PLC and Playtech Limited have reached an amicable resolution in their dispute over Playtech’s interest in William Hill Online (WHO).
Josef Cupka, the bankruptcy administrator overseeing Czech lottery company Sazka’s debt claims has recognised CZK 14.7 Billion ($859 million) in claims from creditors, reports Reuters.
Free-to-play social and casual gaming developer, Zen Entertainment has appointed Craig Billings to take over the reigns as President and chief executive officer from founder Vincent Zaldivar.
A new Malta-licenced online casino Slot MagiX.co.uk went live this week.
Trekkie’s can now play the latest installment in WMS Gaming’s Star Trek slot series announced JackpotParty.com, this week.
Tipos, the Slovakian National Lottery company, has been granted temporary protection from its creditors from a Bratislava I District Court.
Bookmaker William Hill suffered a blow when a third of its investors voted against its remuneration report, this week. A further 4.7 percent abstained from the vote, reports indicate in the Daily Express.
Swedish gaming firm Betsson AB has acquired Malta-based sports betting, casino and poker operator Betsafe in a deal potentially worth Euro 60 million.
A regulatory framework for remote/interactive gambling has been approved and adopted by Spain’s Congress of Deputies.
Stefano Mallia, a member of the European Economic and Social Committee (EESC) has been appointed as the committee’s rapporteur for the compilation and submission of the committee’s opinion on the EU Green Paper on Online Gambling reports the Malta Times.
In a surprise development this week, Chartwell Technology Inc., who have experienced tough times recently, has agreed to an acquisition offer by the Amaya Gaming Group.