Australia’s Northern Territory Government (NT) has passed the Racing and Betting Legislation Amendment Bill 2016 allowing companies offering betting exchange products to be based in the Territory. The legislation passed in the Northern Territory Parliament late last week will reinforce the region as a premier jurisdiction for online wagering and new job creation, Peter Styles, …
The Seattle-based mobile technology and marketing firm SinglePoint has acquired its second daily fantasy sports company after signing a deal with DraftFury. Our readers will recall that earlier this year the company acquired Hawaii-based GoDraft using “cash and restricted common stock”, commenting that it was the first of several future planned acquisitions. The terms of …
Online gambling software provider Playtech plc has unveiled a comprehensive strategic plan to significantly increase its market share of the IP-based casual games market. This initiative follows the completion of the acquisition of Funtactix, a publisher of film and television-based games which has built a reputation in Hollywood and with gamers for delivering authentic casual …
Two gambling expansion bills voted down by the Pennsylvanian House last week and including online gambling legalisation could be back on the table for more discussion when lawmakers return from a brief break next week, according to political observers. Our readers will recall that due to the confusion surrounding the rejection of the bills, immediate …
Having just completed its Openbet purchase, NYX Gaming Group has announced another acquisition, this deal for UK-based gaming content and platform provider BetDigital. The company said Betdigital will provide NYX with a game development platform and studio that caters to the UK retail and online markets, along with the ability to further exploit opportunities for …
Football and sports jackpot firm COLOSSUS BETS has taken its flagship Pick 7 Euro 10,000,000 Colossus live across web and mobile platforms on Betclic and Expekt and will be exclusive to those brands in the French market. “We are delighted to have added another top tier operator to our growing stable of live partners,” said …
Malta-based gaming company Playson has relinquished their Malta Gaming Authority Class 4 License saying it will continue operations on their UK and Alderney Gaming Licenses. “The move towards local licensing in Europe’s biggest markets has necessitated a change of thinking about our compliance needs,” said Adam Daniel, Playson’s Managing Director. “The bulk of our European …
Poland’s Ministry of Finance has released a draft proposal for the amendment to the country’s law on gambling saying it goes a long way towards addressing so-called “grey areas” and provides the highest level of protection for players against problem gambling. The wide-ranging proposal introduces regulations concerning blocking of websites and payments to online entities …
Toronto-listed social and mobile gaming developer Imperus Technologies delivered strong growth in its first quarter 2016 financial report for the three month period ending March 31, 2016. Imperus generated revenue of CAD 10.9 million (Q4/2015: CAD 8.4 million) and Adjusted EBITDA of CAD 3.0 million (Q4/2015: CAD 2.6 million). Operating EBITDA for the three months …
Microgaming’s upcoming July release is a deep-sea-fishing-themed 5-reel, 15-payline slot that promises a combination of new functionality and popular features. Reel Spinner features a two stage Free Spins selection triggered when players land 3 or more Scatters across the reels. Players can be awarded a variable number of Free Spins and a variable multiplier up …
Fairload Limited’s recently launched Malta-licensed online casino LVBet has partnered BetConstruct for its Odds Feed Service as it anticipates the launch of its new sportsbook. Our readers will recall LVBet launching in April with an impressive content portfolio from some of the leading gaming providers such as Microgaming, Greentube, Edict, NetEnt, Wazdan and Thunderkick (see …
BalkanBet, a Serbian online gambling operator, has announced the addition to its inventory of a full range of virtual games and sports betting solutions through NSoft’s proprietary multi-channel Seven platform. The games will initially launch for desktop and retail use, but mobile and terminal versions will shortly follow. The Seven platform acts as the base …
Kazakhstan bookmaker FinBet has launched in Central Asia on the Digitain platform at Finbet.kz….and has revealed that it has ambitions to open 30 betting shops in time for the Euro 2016 football festival later this month. Chief operating officer Oganes Ter-Oganesiani, said in a statement that his company plans to become a major force in …
Macau’s falling gambling revenues in recent years have been a major cause for concern regarding the future of the Chinese gambling island, but one gaming expert believes properly regulated and licensed online gambling could assist land casino operators to weather the storm. Chris Tio has wide experience in the field and was at one time …
The Betway Group has announced the launch of its Ghana-licensed betting website overseen by the Ghana Gaming Commission and sporting a .gh domain. Betway joins 15 other gambling operators licensed in the African nation, where a growing number of gamblers now have the convenience of access to gambling facilities via the internet and – notably …
Asian-facing games developer Booming Games has released its latest online slot, a 5 reel 50 pay-line game with a Chinese teahouse theme and amusing and animated characters. Titled Chow’s Chance, the game has a tranquil teahouse theme which managed by Mr. and Mrs. Chow, a panda and a cat with very human traits and characteristics …
HTML5 games developer Core Gaming has boosted its distribution to operator opportunities by inking a partnership deal with Leander Games, utilising the latter’s LeGa platform. The deal opens access to Core’s products for the first time to a number of operators, with the first games set to go live on the LeGa remote gaming server …
CVC Capital Partner funds (CVC) have acquired a 100 percent equity stake in Italian gaming and payments operator, Sisal Group S.p.A. (Sisal) from funds advised by Apax Partners, Permira and Clessidra for a Euro 1 Billion consideration. Headquartered in Milan, Sisal is a leading operator in the Italian gaming market and a prominent payment services …
Greek gaming giant OPAP said it has been severely impacted by retrospective tax in its latest quarterly report for the three month period ending March 31, 2016. The interim management statement reported a 4.4 percent drop in gross gaming revenues (GGR) to Euro 340.7 million (Q1/2015: Euro 356.3 million) impacted largely by a drop in …
NetPlay TV plc will distribute a special dividend of 0.68 pence per ordinary share to registered shareholders on June 9 2016 accompanied by a consolidation of the Company’s ordinary issued share capital. The consolidation will replace every 15 existing ordinary shares of 1 pence each with 14 new ordinary shares of 11/14 pence each (“New …
Seattle-based mobile technology firm SinglePoint Inc. has acquired an interest in daily fantasy sports company DraftFury paid through a combination of SinglePoint’s common stock and cash for an undisclosed consideration. “This is a great company with great management and a unique 7-level referral program and an optimized interface which provides a superior gaming experience for …
Official numbers released by the Nevada regulator show that revenues in the Silver State continued to decline in April, and were down an overall 2 percent year-on-year at $876 million Las Vegas Strip gambling revenue was down almost 2 percent to $491 million, and downtown Las Vegas winnings were down 13 percent to $43 million. …
Sports technology company Boom Shakalaka has announced that its Boom Fantasy app launched barely four months ago has achieved number one search status in the App Store following two hundred positive reviews giving it a five-star rating. The app offers an experience where fans can compete against each other while watching a live event. Instead …
Illinois’s troublesome daily fantasy sports bill was effectively shelved but kept alive during a House Judiciary Committee hearing held Sunday evening to get through a heavy workload before the Legislature adjourns Tuesday. Sponsor Rep. Mike Zalewski, who has encountered some heavy opposition from the land casino industry despite a successful passage of his bill H …