The US state of Indiana is taking a cautious approach to the newly liberalised sports betting sector in the United States, with the regulator hiring respected consultants Eilers & Krejcik Gaming LLC to carry out a comprehensive study before any moves are made. Sara Tait, executive director of the Indiana Gaming Commission, consulted with the …
Mexican media corporate giant Grupo Televisa has reportedly again put its online and land gambling subsidiary International Bets on the sales block. The subsidiary comprises PlayCity Casino and PlayCity Apuestas, offering 17 land gaming venues along with online sports betting services powered by provider Kambi. The reports note that Grupo Televisa is looking for around …
In its latest deal designed to enable land-based casino operators to benefit from the lucrative online gambling vertical, live dealer technology and games provider BetConstruct has inked an agreement with Bally’s Sri Lanka that combines the thrill of the real gaming floor with the convenience of play-anywhere games on desktop, tablet and mobile. BetConstruct developed …
Civil litigation filed in a Scottish court this week reveals that former FanDuel CEO Nigel Eccles, along with three other founders of the company – Lesley Eccles, Tom Griffiths and Rob Jones – are unhappy with the manner in which they claim Paddy Power Betfair directors “purposely undervalued” FanDuel in the recent $465 million acquisition …
Industry observers are expecting new developments in Pennsylvanian sports betting to flow from a scheduled meeting of the Pennsylvania Gaming Control Board Wednesday at which board members are to discuss and possibly vote in new regulations based on state legislation that was approved with contingencies 10 months ago (see previous reports) The legislation (HB271) has …
PokerStars Play has become the first social gaming mobile app to launch live poker and casino with the addition of two live play money games, War of Bets and Bet on Poker. The play-money games, provided to PokerStars Play by developer BetGames.TV, are claimed to be unique in the social poker and casino landscape and …
Launching August 23 is the latest online game from Yggdrasil Gaming , a 5 reel, 25 pay-line slot with a theme based on the mythical ultimate training ground for Japanese super-fighters, titled Hanzo Dojo. The top quality graphics feature a range of symbols that include the dojo’s pupils samurai, ninja, sumo and fan fighters, and …
Online gambling games and software provider Yggdrasil Gaming announced Wednesday that it has signed a deal with the major gambling group Genting to provide its suite online games. Genting UK, part of the international Genting group of companies, will offer its online players Yggdrasil’s full games catalogue, including the successful Vikings series. In addition to …
In a move to provide tournament action for players in the shared liquidity pool comprising France, Spain and Portugal, PokerStars has announced that it is to invest Euro 15 million in guarantees for its new Galactic Series. French, Italian and Portuguese players were denied access to top tournaments like WCOOP for legal reasons, and the …
Online gambling games and platform provider EveryMatrix’s commercial team, led by Ian Freeman, has moved into new offices in Malta along with the company’s compliance and legal staff. “The new Malta office opening was a natural step in our business growth strategy,” said EveryMatrix CEO Ebbe Groes in a statement Tuesday. “Over the last years, …
The younger player demographic has shown little interest in traditional lottery betting, and Takarakuji lottery officials in Japan believe this is the root cause for the continued decline of the lottery, which in FY 2017 saw sales decline 6.9 percent to the yen equivalent of US$ 7.1 billion. The downward trajectory in 2017 was a …
New Jersey’s online gambling sector continued on its upward curve in July 2018, with a new record for revenues set at $25.9 million… a good $300,000 improvement on the previous record set in March this year (see previous report). On a year-on-year basis, July’s revenues exceeded those of a year earlier by $5.3 million, according …
Struggling gambling group Mybet Holdings is reportedly headed for insolvency following the failure of its latest discussions with a potential investor, according to business media reports. The company’s directors issued a statement Tuesday confirming that an application for insolvency is being prepared for submission to a local court later this week, and explained that the …
Former DFS but increasingly sports betting focused DraftKings has revealed that it has opened a 10-person, predominantly marketing office in San Francisco and has plans for a similar presence in Las Vegas. Explaining the Boston-headquartered company’s growing focus on the US West Coast, DraftKings chief revenue officer Matt Kalish said: “Presence in these international hubs …
The JPJ online gambling group, which operates the Jackpot Joy and Vera and John enterprises, has posted its H1-2018 results, highlighting: * Revenue up 10 percent y-o-y at GBP 161.1 million; * Adjusted net income up 7 percent at GBP 45.5 million; * Adjusted EBITDA down by 4 percent at GBP 56.9 million after investment …
Online bookmaker Betway has signed a sponsorship deal with top eSports team Invictus Gaming for the upcoming Dota 2 professional season, including this month’s The International 2018. The deal marks Betway’s first venture into Dota 2 eSports after previously announcing sponsorship of the upcoming CS:GO Major in September (see previous report). Betway will have exclusive …
The Global Gaming board of directors has officially appointed Joacim Möller as CEO and Group CEO of Global Gaming with immediate effect. Möller previously held the position of chief people & organisation officer and COO of Global Gaming since January 2017 and has been acting CEO since May 2018. He has over 20 years’ experience …
Online gambling games and software provider NetEnt announced Tuesday that its games are now live with Ocean Resort’s online operation in Atlantic City, New Jersey. NetEnt has gone live with a broad selection of video slots. In the coming months the whole portfolio of online casino games from the Swedish provider will be available to …
Online gambling corporate Gaming Innovation Group (GIG) has posted a strong set of Q2-2018 results, highlighting: * Revenues up 39 percent year-on-year at Euro 36.9 million; * EBITDA slightly down at Euro 1.7 million (Q2-2017: Euro 1.9 million); * Entry to the sports betting sector via subsidiary Rizk’s sportsbook during the quarter; * GIG’s platform …
GVC subsidiary Bwin has signed up as exclusive betting partner for German football club Cologne starting this season. The agreement runs for three years and is renewable. As exclusive sports betting partner, Bwin will be visible on TV via the three channels/networks with relevant broadcast rights. In addition to the classic partner integrations, the cooperation …
Turnkey gaming platform and white label provider Dench eGaming Solutions has announced its acquisition of a UK remote supplier’s licence from the Gambling Commission. The licence will enable Dench to provide its platform and real time marketing automation services to UK operators, and comes shortly after Dench struck a number of deals in other regulated …
Ireland-based social mobile poker provider KamaGames announced its entry into the Blockchain and Cryptocurrency landscape Monday with the launch of its KamaGames Token product. Working in a similar method to other tokens, the KamaGames Token will use existing Blockchain technology and the Ethereum cryptocurrency platform, and will be available as a collection of in-game chips …
Nevada sportsbook operator CG Technology has settled with the Nevada Gaming Control Board, agreeing to pay a $250,000 penalty for accepting out-of-state wagers in a self-reporting case. Local media reports observed that this was the third occasion that the company has been in hot water with the regulator; paying a total of $24 million in …
Online gambling corporate The Stars Group has posted an impressive second quarter report, highlighting: * Almost 35 percent rise in y-o-y revenue at $350 million; * EBITD * Sales up at $412 million from $305.3 million last year; * Poker revenue grew 7 percent to $217 million; * Online casino revenue was up 26.3 percent …