Further evidence of the potential of eSports was provided this week with the publication of an Activate – MBA Syracuse Martin J. Whitman School of Management study which predicts that by the year 2020 betting revenues from eSports will have soared from $300 billion currently to $1.5 billion annually. Highlights from the survey include: * …
The Cherry Group advised Thursday that Jonas Wåhlander, md of its recently acquired subsidiary ComeOn Malta Ltd, has resigned following the appointment of a new management team with extensive experience, tasked with taking ComeOn! to the next level. “The integration process in our Online Gaming business area has reached a point where we now want …
Online gambling games developer Pragmatic Play, has announced the latest game to join its premium collection of online slots, a 3×5, 15 pay-line game titled Diamond Strike with a claimed RTP of 96.48%. The developer says the new game evokes the spin-to-win experience of classic slot titles, loading the reels with abstract symbols like fruit, …
Online casino firm LeoVeghas has expanded its UK footprint following the Euro 60 million acquisition of Web Investments, the Malta-based parent company of the Royal Panda online casino. The agreement was unveiled during LeoVegas’ presentation of its Q3-2017 results, and includes a further Euro 60 million in conditional earn-out provisions. Gustaf Hagman Group CEO of …
Esports Gold, an eSports online media aggregator, has provided investors with an opportunity to lock-in the current value of Ethereum through its initial coin offering (ICO). Purchasers of its Esports Gold tokens (ESG) acquire a share of the betting revenues generated by the platform, allowing an effective cash dividend based on annual betting turnover. In …
Live dealer technology provider Evolution Gaming released its 2017 year-to-date numbers Wednesday, highlighting: Q3-2017 results: * Q3-2017 operating revenues increased by 56 percent to Euro 45.7 million; * EBITDA rose 103 percent to Euro 21.8 million, up from the Euro 10.8 million last year, corresponding to a margin of 47.7 percent. * Profit for the …
Camilla Rosenberg has been named head of the Swedish Gambling Authority by the country’s government. She was formerly the director-general of the regulator and will serve at least six years in the top position. Rosenberg joined the Swedish Gambling Authority in September 2015 as head of the operations department, bringing with her years of managerial …
Scientific Games’ online subsidiary SG Interactive has announced an agreement to provide seven Osage Casinos land properties with its digital SG Universe product suite. The SG Universe digital suite gives players an exclusive all-access pass to a casino’s game services and amenities in an intuitive mobile and desktop app, wrapped in an interface that showcases …
When Italy, Portugal, France and Spain begin sharing their online poker player pools (see previous reports) French operator Winamax should be in pole position, having this week secured a fast route into the Italian market by buying bet-at-home’s Italian licence. The agreement with bet-at-home comes as anticipation grows that additional new Italian licenses will soon …
Camelot, the operator of the UK National Lottery has partnered with Switzerland’s Loterie Romande, providing the Swiss company with its Camelot Global platform, which includes instant win games on a branded website. The online service launched this week, with Loterie Romande CEO, Jean-Luc Moner-Banet complimenting Camelot Global on a successful launch, and promising frequent updates …
New Hampshire state Rep. Eric Schleien’s attempt to legalise and regulate intrastate online gambling, HB 562, reaches a critical decision point today (Wednesday) when an executive session will decide whether the measure should pass, be amended, be referred back to committee for more work, or simply languish and run out of time this session. The …
The Russian telecommunications regulator Roskomnadzor has become notorious in the online gambling industry for its prolific use of ISP-blocking, but statements by the Minister of Communications, Nikolai Nikiforov, this week indicate that the watchdog may be struggling to combat rapid advances in technology that are enabling bolder operators and players to find workarounds. Russian media …
Spanish game development company Red Rake Gaming has signed a new agreement with online and mobile casino software provider iSoftBet through which the company will be integrating its full range of video bingo and video slot machines with iSoftBet’s Game Aggregation Platform (GAP). Carlos Fernández, director of business development at Red Rake Gaming, said Tuesday: …
Online gambling information website Latest Casino Bonuses has warned its audience that the WinnerMillion online casino should be approached with caution following indications of predatory T&Cs, irregular use of apparently pirated NetEnt game titles, dubious licensing information and suspect RNG testing claims. “WinnerMillion is one of those sites that feels wrong from the get go,” …
Whistleblower accusations that Australian gambling group Crown Resorts tampered with its pokie machines and contravened other critical regulations (see previous reports) were compounded Tuesday when independent Senator Andrew Wilkie attempted to table further allegations from a fourth whistleblower, but was prevented from doing so. Despite Wilkie’s rather melodramatic claims that the fourth whistleblower feared for …
Itai Pazner, who has been senior vice president for business-to-consumer activity at 888 Holdings for the past six years, has been promoted to the senior management team as chief operating officer after 16 years with the company. Alongside CFO Aviad Kobrine, Itai Pazner will report directly into CEO Itai Frieberger and take overall responsibility for …
Emmett Shear, chief executive of the Twitch live streaming company, revealed some interesting new features planned for the facility in the coming months during his address to Twitchcon 2017 last week. Twitch’s subscriptions revenue and audience numbers have grown impressively in the past year, and the company can now boast over 110,000 creators on its …
Quality slots and table games provider Habanero is giving slots fans the chance to hedge their bets with its latest HTML5 slot release, Rolling Roger. The 5×3 video slot follows the adventures of a friendly hedgehog and his woodland friends the frog, caterpillar, snail and bumblebee, and features Habanero’s new pay-out mechanism which pays wherever …
Australian specialist online slots developer Lightning Box has enhanced its European portfolio of games with the release of its latest title, a 4 x 5 reel online slot titled Five Pirates. This game has been a proven winner from the Asian online market to South American land-based venues, and is now made available to European …
The provincial government of Hainan in China has suspended private investments in online gambling ventures in order to cool down expectations that sports betting, lotteries and other forms of betting may have future potential following rumour that the government may soon legalise horse race betting. The publication Caixin reports that over the past year over …
Malaysia’s continuing fight against illegal gambling includes amendments to the Common Gaming Houses Act of 1953, or perhaps even completely fresh and dedicated legislation to deal with the main problem of online gambling, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said this week in a progress report on the project. Pending a cabinet …
SG Interactive, the online subsidiary of Scientific Games, has announced the launch of Sword of Destiny, an epic new fantasy game for the online gambling space that brings the popular aesthetics of the original land gambling game to mobile and desktop screens. Based on popular card and role-playing games, Sword of Destiny is made to …
Rival Gaming has joined the Halloween rush with its new slot Dark Hearts, a 243 ways-to-win game with a theme that reflects a centuries-old fight for the affection of the eternal soul of a beautiful and mysterious young woman. The slot goes live Wednesday this week across mobile and desktop channels. Three or more scatter …
Online games developer Quickspin has set mid-November as the release date for its latest online slot, a 5 reel, 20 pay-line game with a theme based on the Arthurian legends and appropriately titled Mighty Arthur. All the leading characters in the legend, including magician Merlin, the beautiful Guinevere, Knights of the Round Table and the …