A 28-year-old Swede hit it rich last week winning NetEnt’s Mega Fortune mega jackpot for Euro 3,317,639.08 on a Euro 2.50 spin. This jackpot is the second biggest win ever recorded at Casumo online casino, only superseded by Casumo customer David from Sweden who won Euro 2,971,469.79 around nine months ago.
EveryMatrix will integrate a portfolio of Nolimit City games following the signing of a content supply deal with the Stockholm-based developer. Oktoberfest, Creepy Carnival and Space Arcade are a few HTML5-built titles EveryMatrix operator partners will gain access to. “EveryMatrix has a roster of partners in several key markets for us, so we are thrilled …
B2B internet gaming provider GAN (formerly GameAccount Network) has reported “strong momentum” in its most recent quarterly update. Key highlights for the first Quarter 2017 include: – A 9.3 percent Quarter-on-Quarter growth in Active Player-Days to 2,226,482 Active Player-Days. – Average revenue per daily active user increased 3.7 percent to $7.69. – Strong growth momentum …
B2B supplier of managed sports betting, Kambi Group, reported strong full year 2016 results, saying its operators had outperformed the market and increase their turnover by 36 percent. The group reported a 17 percent rise in revenue to Euro 56 million, EBITDA and operating profit of Euro 15.6 million (2015: Euro 13.6 million) and Euro …
Cherry AB has announced the appointment of Christine Rankin as chief financial officer for Cherry AB (publ) with immediate effect. In addition, Carolina Haglund Strömlid has been appointed Head of Investor Relations and Communication for Cherry AB (publ). Rankin most recently working at Nasdaq, prior to which she was VP Finance at Serneke Group AB, …
NYX Gaming Group has strengthened its position in the Dutch market with a long-term partnership as the new platform provider for the Nederlandse Loterij. The recently-formed Dutch national lottery, a result of the merger between De Lotto and Nederlandse Staatsloterij in 2016, will utilize NYX’s OPS platform which will act as the player management system …
Sports betting operator EnergyBet has boosted its offer with virtual sports betting in partnership with Leap Gaming. Customers will be offered wider choice in betting on virtual tennis, horse racing, dog racing, speedway, trotting and velodrome cycling within the next few weeks.
Sportsbetting solutions provider BetConstruct will provide a white label sports betting service for Breakout Gaming as the operator seeks to expand its existing offer. BetConstruct’s white label sportsbook will provide customers around 30,000 live matches every month, with 40,000 pre-match events and 140 sports disciplines. “We are very excited about the new Breakout Gaming site …
Novomatic announced its launch in the Spanish market through starvegas.es with an offer of online betting, roulette, video bingo and eSports. Thomas Graf, managing director of Novomatic Gaming Industries GmbH, stressed the importance of the conversion of all Novomatic titles to online of which 100 of the 300 games already available online are now on …
32Red affiliate programme, TTRpartners, has reportedly advised of 32Red’s exit from the Australian market following the country’s adoption of new interactive gaming law. TTRpartners has advised affiliates cease promoting 32Red brands to Australian residents as no new registrations will be accepted as of today (Monday). 32Red’s exit follows the departure of Vera&John and 888poker over …
Novomatic Group is undergoing an organizational restructure with interactive subsidiary GreenTube acquiring Mazooma Interactive Games in order to streamline the interactive units across the group, and the conception of Greentube UK. According to a press statement, Greentube UK will provide Mazooma’s former customer base with local access to the Novomatic Group portfolio and with Greentube’s …
Figures released over the weekend by the Chinese Ministry of Finance show that February lottery sales in China continued to outperform expectations and were up 25.4 percent year-on-year at RMB 28.2 billion (around US$4.1 billion). Welfare lottery sales were up 23.9 percent to RM15.3 billion, while sports lottery sales rose 27.1 percent to RMB12.9 billion. …
BetSoft Gaming has announced a content deal with European online gambling group Intertops that will see its full portfolio of mobile and desktop games carried by the operator for its German and English speaking players. “Intertops have been providing a world class iGaming experience for their players for over two decades,” Julian Camilleri of BetSoft …
Texas Rep. Richard Raymond has managed to get his fantasy sports legalisation bill HB 1457 before a House committee which sits today (Monday) despite a year-old opinion by the state AG that such activity constitutes gambling under state law (see previous reports). In a local press interview over the weekend, Raymond – a Democrat – …
Michael Pollock, the managing director of the respected US gambling consultancy Spectrum Gaming Group, said in an op-ed article over the weekend that the online gambling legalisation approach most likely to succeed in the significant US market lies in partnerships with land casino operators as has been the case in New Jersey’s Atlantic City. Outlining …
Australia’s six states and two on-shore territories (Queensland, Victoria, Tasmania, New South Wales, Western Australia, South Australia, the Northern Territory and the Australian Capital Territory) have been holding meetings with federal government Treasurer Scott Morrison in an attempt to harmonise taxation across the country on categories such as general sales tax and, importantly for the …
The Hong Kong Playground Association has published the results of an independent study of 725 ‘youngsters’ (presumably individuals under age 18), warning that there is an urgent need for parents and teachers to educate the young on behaviour, law enforcement and the pitfalls of using the internet. The study of the randomly chosen sample took …
Minister for Human Services says research will explore the impact of betting restrictions imposed by Australian licenced bookmakers, cited as a factor in decisions to gamble offshore. Alan Tudge, Australia’s minister for human services, has issued a press release advising that A$75,000 is being invested in research into online wagering restrictions and their impact on …
More detail on the report of the task force charged with making recommendations regarding the liberalisation of Sweden monopolistic gambling industry (see previous reports) is now available following the publication of the voluminous review and recommendations at: http://www.regeringen.se/rattsdokument/statens-offentliga-utredningar/2017/03/sou-201730/ A few cliff notes: * Regulator Lotteriinspektionen should be the authority to regulate liberalised online gambling activity, …
The Macau regulator was as usual quick off the mark with gambling revenue numbers as March drew to a close, releasing the latest figures Saturday which showed that revenue rose 18 percent year-on-year in March, besting expectations and making its eighth consecutive monthly improvement. Revenue reached 21.2 billion patacas ($2.6 billion) as the regulator noted …
Online gambling games developer ELK Studios is about to launch its latest internationally-themed online slot (the release date is April 5), titled Hong Kong Tower. The five reel, 99 ways-to-win game takes as its theme the internationally famous Hong Kong city night sky, featuring a dazzling display of coloured light from the super-modern towering office …
The Betsson boad of directors has announced a change in dividend policy designed to complement the company’s growth profile, advising in a stock exchange statement: “Betsson AB’s new dividend policy is applicable as of the financial year 2017. “The Board’s ambition for the ordinary distribution to shareholders is, provided a continued attractive capital structure, to …
Lotteriinspektionen director general Håkan Hallstedt, who led an 18-month review of Swedish gambling, has delivered to government the task force’s conclusions and recommendations, in general confirming earlier Reuters insider reports published this week (see previous reports). Important recommendations from the panel include a proposal that Svenska Spel’s current monopoly over online gambling should be discontinued …
Rep. Richard Raymond, a member of the Texas House of Representatives, told local media reporters this week that he has high hopes for his daily fantasy sports legalisation bill, which he claims has the support of everyone with whom he has discussed the issue. Raymond, who plays fantasy sports, introduced HB 1457 in the week …