Greek betting operator OPAP has announced a trio of new deals with prominent suppliers to upgrade its core services as part of a Euro 100 million investment strategy to be implemented over the next few years. In a three-year agreement, Playtech BGT Sports (PBS), will supply self-service betting terminals, software and services, as well as …
Amaya Inc. has made an additional payment of $75 million on the deferred purchase price of the Rational Group it acquired in 2014. The remaining deferred purchase price obligation is approximately $122.5 million which the company said it intends completing payment of by the end of this year. “The strong performance of our business allowed …
Macau’s Gaming Inspection and Coordination Bureau reported a January 2017 revenue rise of 3.1 percent, falling short of analyst’s 8.5 percent median estimate. The lackluster results disappoint considering the advent of the week-long Chinese New Year holiday, which ends February 2, 2017. “People are still concerned about the Chinese economy and anti-corruption,” Michael Ting, a …
EveryMatrix is readying the launch of MoneyMatrix, a new MFSA regulated payment processing platform, at ICE next week. MoneyMatrix will offer over 100 international card and alternative payment solutions and provides access to Risk Management and KYC services through a single integration, the company said.
Sports betting integrity body ESSA has reported 130 cases of suspicious betting activity during 2016, with forty-one cases occurring in the final quarter. Of the 103 reported cases, seventy-one of those occurred in Europe dominated by 45 Tennis-related incidents. Sixteen cases reported were football focused. Moving ahead, ESSA will progress a number of constructive actions …
Numerous media reports indicate that Ladbrokes Coral has been ordered to shut down its bet-to-view service following an unresolved dispute with The Racing Partnership (TRP) over the broadcast of pictures from six Arena Racing Company (ARC) racetracks. TRP has initiated legal action claiming misuse of data and the unauthorised use of commentaries in Ladbrokes and …
SkillOnNet has launched PlayOJO.com, a new online casino that makes some pretty bold promises. According to a press blurb, the casino completely does away with onerous terms and conditions, wagering requirements and match-deposit casino bonuses with arduous play-throughs. PlayOJO claims it will pay players money back on every bet, win or lose, through its OJOplus …
Australian sports betting operator TopBetta’s latest quarterly report delivers a strong performance in its core business and a bullish outlook for the year ahead. The company said, however, revenue had been impacted by certain underperforming wagering products, a situation it hopes to reverse with the anticipated release of The Global Tote product. Key performance highlights …
In a post close trading update for the 12-month period ending December 31, 2016, 32Red Plc revealed a record revenue and EBITDA performance driven, it says, by a combination of healthy organic growth in the core 32Red business and a full year contribution from the Roxy Palace business. Key performance indicators include: – Net Gaming …
Digital Sports Tech (DST) and bitcoin sports betting operator Sportsbook.io have agreed a deal for the integration of DST’s player proposition betting product, Player Props. The deal expands DST’s recently launched product’s geographical footprint to include a number of key Asian jurisdictions and marks the first bitcoin operator to take on the product. “Operators are …
Digital sports content provider,Perform Group, is set to debut its Client Added Commentary product at ICE next week. The product will allow clients to overlay their own language-specific commentary on any selected live stream, and deliver personalised messages to their customers in real-time. The service requires only an internet connection. Clients will be able to …
Games developer, distributor and content aggregator, GameIOM, has been awarded a remote gambling B2B license by the Gibraltar gaming authority allowing the company to offer its content to Gibraltar-licensed operators. In related news, Our readers will recall the launch of GameIOM’s first title, Fortune Cats, on William Hill which has now been followed by a …
Due to a “huge surge in client demand”, Playtech has announced the opening of a new live casino studio in Riga, Latvia. The 8,500 square meter studio has been built on top of the city’s fortified 16th century walls in the heart of Riga Old Town and features unrivaled, state-of-the-art technology, the company said. “Every …
The advance of Brazil’s gambling expansion legislation, which includes online elements (see previous reports) has been slowed by a political move which has seen the proposal re-routed to the Constitution and Justice Committee of the Senate instead of going to the floor for a vote. Media reports from Brazil indicate that this means at least …
Reports from the Netherlands indicate that the Dutch Lower House this week voted to privatise the state-owned land casino monopoly Holland Casino, splitting the fourteen venues and selling some in order to raise Euro 1 billion for government coffers. The bill, which will now go to the Dutch Senate for approval, calls for the fourteen …
SBTech-powered Portuguese online sports betting operator Bet.pt has announced the launch of a range of casino slots and table games supplied by iSoftBet. Bet.pt’s journey from start-up to being the Portuguese market’s biggest sports betting operator has been driven by technology from SBTech, the first and still the only B2B provider to supply a licensed …
Figures released Tuesday by the Nevada Gaming Control Board show that casinos in Nevada won $11.3 billion from gamblers in 2016, marking a second consecutive year of gambling revenue gains, albeit missing the pre-recession record of $12.8 billion set in 2007. The state-wide amount that casinos took in was up 1.3 percent year-on-year, with the …
Positive daily fantasy sports developments have been reported from New Jersey, where the Assembly Tourism, Gaming and the Arts Committee progressed Assemblyman Vincent Mazzeo’s A3532, a bill proposing the legalisation of DFS as a game predominantly of skill. The committee voted unanimously to advance the bill after hearing from a number of experts on the …
Florida Senator Bill Galvano’s Senate Bill S.8, which was recently progressed through the Senate Regulated Industries Committee and is now with the Senate Appropriations Committee, could soon have company in the form of a new proposal submitted by fellow state Senator Dana Young. Our readers may recall that Galvano’s bill proposes quite wide expansion of …
A report on Fixed Odds Betting Terminals (FOBTs) due for release today (Tuesday) by the All-Party Parliamentary Group has raised the ire of the Association of British Bookmakers, which in a pre-emptive strike has demanded that government institute an urgent enquiry into the recommendations and content. Key among those recommendations is that the maximum stake …
Mobile gambling operator Slingo has revealed that it has plans to further invest in a multi-million-pound-sterling marketing push in Britain that will embrace both digital and television promotions and marketing. The campaign kicked off earlier this week with television adverts, and these will continue in the post watershed 9pm slot through April, produced by the …
PokerStars has become the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation following the approval of parent Amaya by the Czech State Supervision of Gambling and Lotteries. Amaya was awarded the ‘Live Games’ licence on January 28 and is set to launch PokerStars.cz in the coming days. In a …
Online gambling software developer Vermantia has announced the launch of a new eSports betting solution, taking a pioneering position in the burgeoning vertical. The company’s eSports product is available for retail, online and mobile use and can handle betting on both single games and tournaments, using data and stats derived from over a million eSports …
The American Gaming Association continued its drive for the wider legalisation of sports betting in the United States Tuesday, leveraging interest in the upcoming Super Bowl final by publishing some telling statistics via Twitter and noting: “Only about $132M will be wagered legally through sports books by kick-off, $4.5B placed illegally [via Vegas sportsbooks]” The …