Gambling news - page 626

Pennsylvania budget bill sent to governor’s desk

2 Jul 2016

With just hours to spare before the start of the new financial year on July 1, the Pennsylvanian Legislature has reportedly approved a $31.5 billion budget bill that includes online gambling legalisation provisions and sent it to Governor Tom Wolf for signature within the next 10 days. The bill passed on a vote of 144 …

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South Koreans sentenced for online gambling in Cambodian court

2 Jul 2016

Cambodian press reports Saturday noted the sentencing the previous day of 23 South Koreans charged with operating illegal online gambling enterprises in Phnom Penh, specifically taking bets on international football matches. The defendants were each handed five month jail terms followed by immediate deportation by municipal judge Ly Sokleng, who named the ring leaders as …

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Russians betting less this year

2 Jul 2016

The Russian bookmaking firm Rub90 has claimed following a statistical review that the average Russian punter is spending less this year, speculating that a weaker Russian currency and struggling economy may be having an impact. The company found that the average bet in the first quarter of 2016 was, at the equivalent of $11.39, around …

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William Hill leads Vegas bookies in virtual racing

2 Jul 2016

The US sports book division of Brit bookmaker William Hill has opened wagering on Virtual Racing at two of its Nevada race and sports books, boasting that it is the first in Nevada to do so. Combining quality graphics and the voice of legendary race caller Tom Durkin, William Hill Virtual Racing allows sports bettors …

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New slot from Microgaming due this month

2 Jul 2016

https://www.youtube.com/watch?v=–EQlGs6y4A Another eye-catching online slot is reportedly due to arrive from Microgaming in July, titled Electric Diva – a 5 reel, 40 pay-line game with an imaginative theme based on an alien invasion opposed by a spectacular heroine equipped with a Lightning-Powered Guitar Blaster. Electric Diva takes the player to Spark City, which is being …

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UK online sportsbetting operator goes into administration

1 Jul 2016

The UK company Lean Forward Limited has announced that its year-old online betting enterprise Win Cash Live.com has encountered difficulties and has been placed in administration. The company will be administered and managed by the London insolvency firm Quantuma, which has nominated two licensed insolvency practitioners, Simon Bonney and Andrew Hoskins, for the task. Just …

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PAGCOR reacts quickly to Presidential moratorium on internet gambling

1 Jul 2016

The newly elected president of the Philippines, Rodrigo Duterte, made headlines earlier this week with a Cabinet brief on the many areas of government where he intends to crack down hard – including online gambling (see previous report), and it took less than 48 hours for the effects to manifest themselves. The newly appointed chairperson …

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BetVictor signs three-year kit sponsorship deal with Liverpool FC

1 Jul 2016

Online gambling company BetVictor is the latest to widen its brand awareness in a football sponsorship deal, signing a three-year agreement with English Premier League side Liverpool as both training kit partner and global online betting team-mate. Attractive, spanking new football kit prepared by BetVictor has been introduced and appears to have been well received …

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New online slot from NextGen launches next week

1 Jul 2016

NextGen is going with the always popular ancient Egyptian theme in its next slot release, a 5 reel, 243 ways-to-win offering due for launch on July 6 and titled Egyptian Rise. The game was developed by one of NextGen’s four international design venues, Side City Studios in Montreal, Canada, and features exceptionally bright and well …

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GVC to apply for premium stock exchange listing

1 Jul 2016

The GVC Holdings online gambling group has issued an advisory that it proposes to transfer the listing category of all of its ordinary shares from a standard listing on the Official List to a premium listing (commercial company) on the Official List on the London Stock Exchange. It is anticipated that the transfer will take …

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Record DDoS attack recorded against Chinese gambling site

1 Jul 2016

A report from the Incapsula cyber security organisation has highlighted the increasing scope and sophistication of criminal Distributed Denial of Services attacks against websites, recording that a recent assault on an unidentified Chinese gambling site involved multiple nine-vector, 470 Gbps, 110 million packet-per-second activity, some of the biggest and most complex ever recorded. The publication …

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UK eSports association launched

1 Jul 2016

The eSports sector in the UK has a new representative trade association following the launch this week of the not-for-profit British Esports Association, which operates from Pinewood Studios in Buckinghamshire. Chester King has been appointed as chief executive of the body, which is supported by the UK government and will work in collaboration with the …

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UK Chinese facing lottery firm reports more losses

1 Jul 2016

The Cheshire, UK-based but Chinese facing lottery firm DJI Holdings has revealed that its pre-tax losses widened significantly year-on-year in 2015, from GBP 4 million in the preceding year to GBP 10.7 million in 2015 as revenue plunged from GBP 47.5 million to just GBP 5.5 million. In a statement the company explained that its …

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China lottery sales up in May

1 Jul 2016

The Xinhua news agency reported Friday that in May 2016 China’s lottery sales rose 7.8 percent year on year to 34.62 billion yuan (US$ 5.2 billion). Sales of welfare lottery tickets increased 1.8 percent to 18.37 billion yuan, while sports lottery sales jumped 15.6 percent to 16.25 billion yuan, the Ministry of Finance said in …

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Macau numbers slip again

1 Jul 2016

The Macau regulators, always quick off the mark with their gambling statistics, have revealed that Macau revenues continued to decline year-on-year in June 2016, falling 8.5 percent to 15.9 billion patacas ($1.99 billion). The decline was largely in line with analysts’ predictions of a 5 to 12 percent drop…the 25th consecutive month in which declines …

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Nevada gambling revenues slightly lower in May

1 Jul 2016

Figures released late Thursday by the Nevada Gaming Control Board revealed that Nevada gambling revenue in May 2016 was $958 million – slightly down on the billion dollars of the comparison period last year, when Las Vegas visitation numbers were higher thanks to the Floyd Mayweather and Manny Pacquiao fight, and the Rock in Rio …

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Third Russian online sports betting site launches

1 Jul 2016

Licensed Russian online sports betting sites 888.ru and Liga Stavok (see previous  reports) have a new competitor this week following the official approval of land bookmaking firm Winline for internet operations. The company’s core business is providing betting in retail shops across the country’s major cities, but will now also offer online action on its …

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Quebec facing opposition to internet blocking law

1 Jul 2016

Media reports from Montreal indicate that an unidentified Mohawk First Nation community is preparing to tackle the Quebec provincial government on its questionable new law 74, which authorises the ISP blocking of online gambling sites as determined by the province’s own Loto-Quebec gambling enterprise, which includes the online site EspaceJeux. The law, passed under the …

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Kiron teams up with Blue Ocean Gaming

1 Jul 2016

Online gambling software and games provider Kiron Interactive has signed an agreement to distribute its virtual products via Blue Ocean Gaming. The deal will see the full suite of Kiron’s games made available to the casino platform’s customers across Russia, the CIS, and Latin America. The package will comprise up to nine virtual sports, including …

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Russian internet regulator releases latest blocked site stats

1 Jul 2016

The Russian internet regulator Roskomnadzor has released statistics on its recent activities, noting that in the period June 21 – 28 alone it had blocked 118 online gambling domains. The regulator, which has encouraged Russian citizens to blow the whistle on any websites they feel are illegal or unacceptable, has previously revealed that in the …

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GIG acquires Betit in Euro 54 billion deal

30 Jun 2016

Well known Nordic-facing online casino brands Thrills, Kaboo and Superlenny will soon be part of the Gaming Innovation Group following a Euro 54 million operator acquisition deal in which the Betit Group has been bought by Oslo-based GIG, which already owns Guts, Betspin and Rizk. On Thursday GIG issued a trading update confirming its agreement …

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Amaya board changes announced

30 Jun 2016

Amaya’s much commented upon secretive meeting with shareholders in Montreal this week (see previous report) has been followed by an announcement regarding changes to the online gambling group’s board of directors. Serving directors Divyesh Gadhia, Harlan Goodson, Aubrey Zidenberg and Wesley Clark were all re-elected, whilst Alfred Hurley Jr. and David Lazzarato become new members. …

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New Philippines president could prove a problem for online gambling

30 Jun 2016

Entering his first day in office this week, the new President of the Philippines, Rodrigo Duterte, reportedly told his Cabinet that he intended to halt what he referred to as the ‘proliferation’ of online gambling. The president, who has a reputation for being bluntly autocratic, ordered: “Online gambling must stop…it’s out of control in PAGCOR …

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UK Gambling Commission report notes growth of online component

30 Jun 2016

Figures from the UK Gambling Commission indicate noticeable growth in the overall industry, with financial spread betting, foreign exchange, and contracts-for-difference all prevalent in the UK market, much of it online. Gross gambling yield for the UK between October 2014 – September 2015 was recorded as GBP 12.6 billion) compared with a figure of GBP …

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