Gambling news - page 604

Thunderkick releases new version of Sunny Scoops slot

23 Aug 2016

Look out for the latest Thunderkick mobile slot; the Swedish developer has just released what looks like a revamped and retitled version of its ice cream themed Sunny Scoops online slot which offers better chances of reward and has been titled Sunset Delight. The good news is that the escalating multiplier feature has been retained …

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Intrinsic Equity invest in Storm Gaming

22 Aug 2016

Orbis Partners investment vehicle Intrinsic Equity has invested an undisclosed sum in omni-channel game and platform developer Storm Gaming Technology (SGT). Under the terms of the deal, Intrinsic Equity principal and Orbis Partners senior partner, James Grenfell, will join the SGT Board to assist the company “deliver their ambitious strategic plan”. Group ownership in the …

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PAGCOR replaces senior management team

22 Aug 2016

The Philippine Amusement and Gaming Corporation (PAGCOR) has replaced the senior management group of its Gaming Licensing and Development Department (GLDD) effective August 17, 2016 according to a notification to all licensees late last week. The Remote Gaming Unit’s Nelia S. Lorenzo has been replaced by Marvic P. Baas, Casino Compliance and Regulatory Unit’s Perpetua …

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Nektan sells off three brand assets

22 Aug 2016

Mobile gaming provider nektan has partnered buckingham hmb ltd for the sale of three of its gaming brands for an initial gbp 1.75 million linked to a simultaneous white label licensing agreement that will see it continue to operate the brands for a five-year term on its evolve platform for a monthly royalty. a further …

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Game Lounge acquire Interclick

22 Aug 2016

Cherry’s recent completion of its payment obligations regarding Game Lounge brings further expansion in Germany and the UK through its acquisition of Interclick Limited. The affiliate network will acquire the assets of Interclick Limited for a $1.5 million consideration. The acquisition includes around 40 domains and affiliate accounts which will strengthen the company’s position within …

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Tain awarded Romanian class 2 licence

22 Aug 2016

Software provider Tain is the latest to receive a Class 2 licence from the Romanian National Gambling Office (ONJN), its first in the Eastern European region. Tain’s licensed offer for the supply of its platform to the Romanian market, falls into a wider expansion strategy for the region. “As we are already integrated with all …

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Multislot games now part of Betconstruct package

22 Aug 2016

Online gambling games provider and technology provider BetConstruct has announced the final integration of the Multislot portfolio of unique slots and table games for distribution across its partners. The content distribution deal expands Multislot’s presence in the regulated online gaming industry and adds to the diversity of products offered by BetConstruct. Eric Jungels, Multislot CEO, …

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Merger rumours abound following failure of Will Hill acquisition attempt

21 Aug 2016

The failure of the GBP 3.4 billion 888-Rank acquisition bid for William Hill plc (see previous reports) has triggered a wave of speculation in the UK media over the weekend, with analysts suggesting that the next suitor for the online and land gambling group could be private equity giant CVC Capital Partners. Observers point out …

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New Australian clampdown on internet betting

21 Aug 2016

Australian media reports over the weekend indicate that an enforcement clampdown in Australia is likely to follow the imminent publication of tough new federal laws. Sources have revealed to the press that the new laws will include action against unlicensed offshore betting companies accessing Aussie punters, along with disruption to financial transactions. Licensed companies will …

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Two more eSports operators select Playfinity platform

20 Aug 2016

UltraPlay has announced that two more operators have opted to use its Playfinity platform – gg.bet and esp777.com. Europe-facing gg.bet and Asian-focused esp777.com are eSports oriented websites and will be using the company’s eSports data feed to offer betting on 17 different eSports titles. UltraPlay marketing manager Mario Ovcharov said in a statement: “I am …

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Online gaming operator PKR launched live dealer action

20 Aug 2016

A decade after its launch back in 2006, online gambling operator PKR has announced an addition to its player attractions; live dealer casino gaming powered by Evolution Gaming and accessible via desktop and mobile. PKR Live Casino offers a selection of 6 games including Live Blackjack, Live Roulette and Live Casino Hold’em. A statement from …

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Betting information company forced to give up ‘Cheltenham’ domain

20 Aug 2016

A Cheltenham-themed online betting comparison and racing news company in the UK has been ordered to hand over its domain name by the official web watchdog Nominet following a complaint by Jockey Club Racecourses Ltd, the organisers of the famous Cheltenham Festival racing. The complainant said that the Cheltenham brand had been used in the …

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Taiwan online gambling ring busted

20 Aug 2016

The police in Taichung, a municipality located in central-western Taiwan, report busting an online gambling ring masquerading as a high-tech cloud computing company. In the raid, 56 suspects were detained for questioning; including a 37-year-old woman surnamed Lin, whom investigators said was the leader of the operation, which catered mainly to Chinese punters in China …

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Russian prime minister signs off on new gambling region

20 Aug 2016

Russia has a new legal gambling region in Krasnaya Polyana following the signed approval of a resolution by prime minister Dmitry Medvedev. The activity will be centred in Sochi, a seaside resort and scene of a recent Olympics sports festival. The Russian news agency TASS reports that the resolution was signed August 10 and has …

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Coral named official European betting partner for West Bromwich Albion

20 Aug 2016

English Premier League football club West Bromwich Albion has named the Coral betting group as it official European betting partner in a three-year agreement that gives the gambling company branding opportunities at The Hawthorns stadium, along with pitch side and interview backdrop visibility. Coral is to introduce online and mobile betting services for club fans, …

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Aussie online betting operator raises new capital

20 Aug 2016

The Australian publicly listed online betting operator TopBetta has raised A$2.6 million in a new funding drive share placement taken up by institutional investors. 14.5 million shares were placed at A$0.18, and the new capital will be used deploy marketing in order to grow the company’s player base in an “aggressive” strategy. CEO and founder …

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Live dealer action launched at Leo Vegas

20 Aug 2016

Leo Vegas mobile casino has made two live dealer announcements this week with new mobile games from Authentic and NetEnt Live Casino. The Authentic Roulette is streamed live from a prestigious land casino in the Italian Alps, the Saint Vincent Resort and Casino, where online players can join physical patrons around real tables, streamed in …

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Speculation impacts leisure and resorts share price

19 Aug 2016

The dismantling of Philweb following Philippines President Rodrigo Duterte’s initiative against online gambling has triggered speculation that another company involved in the sector, Leisure and Resorts, could be endangered by the purge, according to a report in the business news publication Bloomberg. There are indications that this possibility is of concern to the investment community; …

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Top hedge fund manager buys into Amaya

19 Aug 2016

David Einhorn, a successful entrepreneur, hedge fund manager and tough poker player has bought almost 4 million shares in Pokerstars parent the Amaya group at an average cost of US$13.77 per share, the investment publication The Motley Fool reports. The report notes that Einhorn’s Greenlight Capital fund may have lost 20 percent last year in …

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No regulated eSports in Macau’s immediate future

19 Aug 2016

The Macau Daily Times reported Friday that the recognition of eSports as a sport has been rejected by the Macau Sports Administration Bureau and is currently not on the organisation’s horizon. The Bureau responded to an enquiry by the publication, saying that it must consider the development, acceptability and suitability of different sports in society. …

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Rank and 888 abandon William Hill acquisition bid

18 Aug 2016

The chief executives of 888 Holdings and Rank plc issued a statement Thursday afternoon advising the market that they have abandoned their pursuit of a merger with William Hill plc and have withdrawn their offers. The statement follows the rejection last weekend by the directors of William Hill of a second offer from the two …

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PAGCOR spurns Ongpin’s offer to donate his Philweb majority shareholding

18 Aug 2016

Pagcor chief says the issue is not Ongpin’s ownership of Philweb, but President Duterte’s stand against online gambling. Fomer Philweb chairman Roberto Ongpin’s offer to donate his majority shareholding in the company to Pagcor (see previous reports) has been spurned by Pagcor chief Andrea Domingo, according to reports Thursday in Philippines media. Domingo confirmed to …

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Leo Vegas TV campaign launches today

18 Aug 2016

High profile mobile casino operator Leo Vegas launches a major television drive today (Thursday) with the content celebrating the play found in everyday situations. Developed by the Now advertising agency, the material will feature the lion caricature that has been used extensively in the company’s branding work Shenaly Amin, UK country manager at LeoVegas, said: …

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Mainstream media pick up on online casino operator’s woes

18 Aug 2016

Seaniemac, an over-the-counter US penny stock company which entered the online casino sector in 2013, attracted the negative attention of the mainstream Independent newspaper this week as it attempted to raise new capital. The newspaper noted that since the company launched in 2013 under the management of Sean McEniff, son of a successful Irish hotelier, …

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