Gambling news - page 274

Only three Russian banks are implementing new transaction blocking laws against unlicensed operators

1 Nov 2018

Whilst Russian telecomms regulator Roscomnadzor may be wielding the online casino ban hammer with enthusiasm (tens of thousands of domains are on its blacklist) it appears that some Russian banks are content to await an official list from the Federal Tax Service before halting transactions with foreign entities. That’s the gist of local media reports …

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Churchill Downs in $500 mill move to acquire majority share of Illinois land casino

1 Nov 2018

Kentucky-headquartered online and land gambling group Churchill Downs Incorporated has unveiled an agreement to acquire a majority stake in Rivers Casino Des Plaines in Illinois for $500 million. The Kentucky company has set a target of at least 50.1 percent of the shares in Rivers parent group Midwest Gaming Holdings, and if the acquisition is …

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Churchill Downs in $500 mill move to acquire majority share of Illinois land casino

1 Nov 2018

Kentucky-headquartered online and land gambling group Churchill Downs Incorporated has unveiled an agreement to acquire a majority stake in Rivers Casino Des Plaines in Illinois for $500 million. The Kentucky company has set a target of at least 50.1 percent of the shares in Rivers parent group Midwest Gaming Holdings, and if the acquisition is …

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New York jets ink another gambling company deal

1 Nov 2018

The NFL franchise New York Jets has followed its recent partnership signing with 888 Holdings (see previous report) with an agreement with MGM Resorts. The Jets announced Wednesday that MGM Resorts will become an official gaming partner, and that it is still searching for a suitable daily fantasy sports partner. MGM Resorts chairman and chief …

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New York jets ink another gambling company deal

1 Nov 2018

The NFL franchise New York Jets has followed its recent partnership signing with 888 Holdings (see previous report) with an agreement with MGM Resorts. The Jets announced Wednesday that MGM Resorts will become an official gaming partner, and that it is still searching for a suitable daily fantasy sports partner. MGM Resorts chairman and chief …

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Top New Jersey operator applies for Pennsylvania online gambling licence

1 Nov 2018

The top operator in the New Jersey online gambling market, Golden Nugget, has applied for online casino and sports betting licensing in neighbouring Pennsylvania, just under Wednesday’s closing deadline for qualified gaming entities (existing land licence holders). The company’s New Jersey operations have shown consistent success for Golden Nugget with regular monthly revenue numbers exceeding …

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Top New Jersey operator applies for Pennsylvania online gambling licence

1 Nov 2018

The top operator in the New Jersey online gambling market, Golden Nugget, has applied for online casino and sports betting licensing in neighbouring Pennsylvania, just under Wednesday’s closing deadline for qualified gaming entities (existing land licence holders). The company’s New Jersey operations have shown consistent success for Golden Nugget with regular monthly revenue numbers exceeding …

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Lotto goes mobile in India

31 Oct 2018

Lottery distributor Sugal & Damani has rolled out a new official mobile lottery app for State Government-run Lotto games in the Indian market for the first time, according to an Economic Times report. ‘Luckykhel’ is currently only available in the Google Play store with plans for a wider release reportedly imminent. “No trade can ignore the digital …

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Misionbet back offline this week

31 Oct 2018

The Provincial Institute of Lotteries and Casinos of Misiones (IPLyC) has temporarily suspended its online gambling operation Misionbet. Our readers will recall the ongoing battle Misionbet has fought to stay alive when late last year it was taken down by legal action initiated by Buenos Aires public prosecutor, Martín Lapadú (see previous reports).   Lapadú alleged that Misionbet was offering online gambling …

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Platin Gaming partners Red Rake Gaming

31 Oct 2018

Malta-based software developer Platin Gaming has partnered Red Rake for the integration of a wide range of its HTML5 video slots. Titles include “Mystic Mirror,” “Viva Las Vegas,” “The Asp of Cleopatra,” and latest Red Rake release “Maya”. Nick Barr, Managing Director for Red Rake’s Malta operations, said: “We are sure that this collaboration will be a major step …

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Pennsylvania awards three more sportsbetting licenses

31 Oct 2018

The Pennsylvania Gaming Control Board (PGCB) has awarded a further three sportsbetting licenses to Sugar House Casino, Harrahs Casino and Racetrack and Rivers Casino. Both Rivers Casino and SugarHouse are owned by Rush Street Gaming LLC and plan to take their first bets on December 1, 2018 at temporary sportsbook venues in the respective casinos.  Internet gaming operations are expected to launch …

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Microgaming’s Lucha Legends is entertainment at its best

31 Oct 2018

Microgaming’s new five-reel, 25-payline slot ‘Lucha Legends’ offers a fresh and amusing theme to accompany two selectable game modes. The game is hosted by Burro, El Diablo, Martio, and Sal and Pepe, five of Mexico’s finest wrestlers each with their own signature move. The legendary luchadores pack a punch in normal game mode, where the Super …

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Plentiful Treasure from RTG Asia

31 Oct 2018

RTG Asia launched its popular Macau terrestrial slot ‘Plentiful Treasure’ for the online market this week. The online version stays true to its land-based origins offering four separate jackpots when the Gold Coin Feature is triggered and the familiar antique, three-legged “ding,” landing three of which will award free spins.

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New Halloween launch from Habanero

31 Oct 2018

Habanero’s newest release is a graphic-rich, 5-reel, 25-fixed payline slot titled ‘Pumpkin Patch’. Players should keep an eye out for the squirrel and crow symbols as they hunt around the patch turning the scarecrow’s pumpkins into wilds. Any corn in a winning combination is collected to help earn free games which are triggered when three …

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Stakelogic debuts new products

31 Oct 2018

Stakelogic has released two new titles featuring the debut of a progressive jackpot system. The pooled jackpot will be offered across new games ‘Nudge Runner’ and ‘Joker4Wild’ followed by at least one new jackpot game each month over the next six months. Offering a modern twist on the classic fruit machine game format, Nudge Runner …

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IGT narrows 2018 forecast to upper end of prior range

31 Oct 2018

International Game Technology (IGT) has narrowed its full year adjusted EBITDA forecast to reflect the top half of the prior range, to between $1,740 million and $1,780 million, following its third quarter results. IGT reported adjusted EBITDA growth of 4 percent and 7 percent for the third quarter and year-to-date periods at constant currency and …

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Spiffbet agrees Take5Live deal with Betsson Spain

31 Oct 2018

Swedish based technology company Spiffbet (formerly SpiffX) has agreed a deal with Betsson in which its proprietary Take5Live product will go live in Spain with Betsson.es. Take5Live is a game where players predict whether a goal will be scored by any team within the next five minutes of a match. “Betsson drives some of the …

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Cherry delivers in third quarter report

31 Oct 2018

Cherry AB delivered robust results in its third quarter report published Wednesday. Key performance highlights for the three month period ending September 30, 2018 include: • A 58 percent increase in Group revenue to MSEK 899 (Q3/2017: MSEK 567), with organic revenue growth amounting to 46 percentages. Acquisitions contributed 1 percentage and currency 12 percentages …

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William Hill moves on Mr Green

31 Oct 2018

William Hill Holdings has announced a recommended cash offer for Mr Green & Co of SEK 69 per share, valuing the company at SEK 2,819 million or GBP 242 million. A William Hill statement said the proposed acquisition brings strong brands with a track record of growth across its geographic portfolio. The Board of Directors …

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Yggdrasil enjoys strong third quarter

31 Oct 2018

Yggdrasil Gaming’s third quarter report ticks all the boxes delivering strong growth and a robust performance. Key performance indicators for the three months ending September 30, 2018 include a 62 percent increase in total operating revenues amounting to SEK 71.5 million and an EBIT margin of 27 percent (Q3/2017: 35 percent). Yggdrasil Gaming founder and …

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Nevada sports betting up

31 Oct 2018

Figures released Tuesday by the Nevada Gaming Control Board show that sports betting reached record levels in September, with state sportsbooks taking in $571 million, $389 million from football fans. Nevada casinos won $56.3 million from the total wagered in sports, setting the highest sports pool win ever. Of that, $44.3 million came from bets …

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Good half-year for Loto-Quebec

31 Oct 2018

Espacejeux, the online operational arm of Loto Quebec, was a star performer in the group’s fiscal first half results for the six months ended September 2018, posting revenue growth up 32.6 percent y-o-y at Cdn$ 49.3 million. Online lottery revenue led the digital charge, up 58.7 percent  at Cdn$ 14.4 million, with online casino and …

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Indian lottery group launches first mobile lottery app

31 Oct 2018

Indian lottery supplier Sugal & Damani has announced that it is the first operator in the country to offer the sale of lottery tickets through mobile, local media with the launch of its first mobile app. Branded “Luckykhel,” the mobile app will be launched over the next few days, the company revealed to the Economic …

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New York Jets the first NFL team to partner with online sports betting provider?

31 Oct 2018

The New York Post has reported that a partnership agreement between online gambling operator 888.com and the New York Jets, due for official announcement this Thursday, will be the first of its kind involving an NFL franchise. The newspaper reported that “the fruits of the deal” were on full display outside the MetLife Stadium when …

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