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 …
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 …
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 …
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, $44.3 million came from bets …
Espacejeux, the online operational arm of Loto Quebec, was a star performer in the group’s fiscal first half results for the six months ended September 2018, posting revenue growth up 32.6 percent y-o-y at Cdn$ 49.3 million. Online lottery revenue led the digital charge, up 58.7 percent at Cdn$ 14.4 million, with online casino and …
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 …
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 …
Enforcement officials in Volusia County, Florida shuttered 17 internet cafes this week, citing a finding by the 1st District Court of Appeal, which declared the businesses illicit. The Sheriff’s office served cease and desist orders on the businesses, which were obeyed, according to local media reports. Sheriff Mike Chitwood said that the police action was …
Grup Peralda-owned Casino Barcelona and its online platform CasinoBarcelona.es have launched an advertising campaign coinciding with the launch of a new sportsbetting offer developed and launched in partnership with SportnCo. A comprehensive advertising campaign supports the launch across multiple channels including TV, radio, press, social, online and outdoor under the streamline ‘You were born to win”. Xavier Ballester, Director of Casino …
The UK Tote 25 percent shareholder Alizeti Consortium and newcomer Britbet have agreed terms on a seven-year deal with just hours left to the deadline. Under the terms of the agreement, all tote bets will be pooled for the next seven years under the Tote brand in a GBP 50 million agreement. Yet to be comprehensively launched, consumer pool betting …
The National Hockey League’s New Jersey Devils have signed their second high-profile sponsorship deal in a week. Following the news of a deal with William Hill, Caesars Entertainment will now too enjoy the promotional benefits of an affiliation with the ice hockey team. Described as historic, the partnership will seemingly operate off the same base as that of William Hill …
NSoft has released its full web solution for new customer – Wett Net. Wett Net has been launched on NSoft’s Seven Platform and offers its customers Live Betting MTS, PreMatch Betting MTS, Lucky Six v6, Greyhound Races v4, Virtual Greyhound Races, Lucky X, Next Six, Virtual Horse Races and Virtual Motorcycle Speedway.
Booongo’s newest release ‘Supreme Fortune’ is a five-reel, 20-payline slot offering Scatters, Wilds, Multipliers and an extra Wild feature. This slot represents all the symbols of Chinese fortune including gold ingots, Chinese God of wealth Cai Shen, jade tortoises and money frogs. Play the demo here.
International Game Technology’s IGT Global Solutions Corporation subsidiary has entered into a six-year contract extension with the Texas Lottery Commission (TLC) to continue printing instant tickets until August 31, 2024. “IGT and the Texas Lottery Commission have established a valuable partnership since the Lottery’s inception in 1992, and IGT looks forward to furthering our longstanding relationship through this …
Boss Gaming has launched Simple Bet, a new betting solution for operators. The product is designed for clients that want to launch and manage an online casino without going through the expense and time to build a custom betting solution. Boss Gaming solutions COO, Catalina Lukianenko: “The market definitely needs both solid and flexible betting solution to take …
Scout Gaming Group has deviated from the shareholders’ preferential rights through the implementation of a directed new issue of 900,000 shares at SEK 47 per share. The company will use the approximate SEK 42 million raised primarily to fund the completion of expansion in the US market where the Company recently entered into two partnership agreements …
Online gambling games developer Pragmatic Play has signed a deal with Åland-based gaming operator Paf (Ålands Penningautomatförening). The partnership will see the operator host the entirety of Pragmatic Play’s suite of content, including new video slots Da Vinci’s Treasure and Peking Luck, as well as Wolf Gold. Eric Castro, head of games operations at Paf, …
Online casino platform provider SkillOnNet, has taken its game portfolio past 1,450 titles following its latest integration, this time with Realistic Games. The deal means that players at online casino sites powered by SkillOnNet will now be able to access titles such as Clockwork Mice and Slot It In! Realistic’s innovative versions of classic table …
Acting Supreme Court Justice Gerald Connolly in Albany, New York put the cat among the pigeons Friday when he ruled that daily fantasy sports – the classification as a game predominantly of skill notwithstanding – are gambling and as such are prohibited by the state constitution. Justice Connolly referenced an 1894 amendment to the state …
This could be a big week for online gambling and sports betting in Pennsylvania as the state Gaming Control Board meets on October 31st with a list of applicants for licensing on the agenda despite the pricey fees of $10 million for mobile and retail sports betting operators. The regulations impose a 90 day waiting …
Only 0.8 percent of respondents to a recent independent research project carried out in Mexico described themselves as online gamblers…the least popular form of gambling in Mexico, the project ultimately discovered. Carried out by Institute of Legal Research at the Universidad Nacional Autónoma de México, the study found that the most common characteristics of online …
As expected, UK Chancellor of the Exchequer, Philip Hammond, has announced a hike in remote gaming duty from 15 percent to 21 percent (see previous reports) from January 2019. “I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we …
Novomatic Interactive division, Greentube, has sealed a deal with mrgreen.com for the supply of a range of casino content. The suite of slot games, integrated via Greentube’s NRGS platform, are now available to Mr Green players in the Nordics. Michael Bauer, Greentube CFO/CGO, commented: “We are more than excited that this partnership is becoming a reality. We feel very confident …
A Koblenz district court in Germany has dealt lottery betting operator Lottoland a bitter blow ruling that the operator is not authorised to offer its services to German players under the country’s State Treaty on Gaming and must cease advertising and operations in Germany. The case, brought before the court by plaintiff, Rhineland-Palatinate State Lottery, Lotto Rheinland-Pfalz GmbH, saw Lottoland countering …