Multi billionaire land casino mogul Sheldon Adelson’s pocket took a hit last year when his Macau casino interests in the Sands China group posted a 43 percent fall in net profit for the year ended Dec. 31, 2015, according to a preliminary announcement. The operator reported that profit for the year fell to US$1.46 billion …
Local police and Malaysia’s Special Task Force for Anti-Vice, Gaming and Gangsterism were busy over the weekend, shutting down illegal online gambling operations in Kuching and Kuala Lumpur and reporting a significant number of arrests and equipment confiscations. Nine online gambling venues in Kuala Lumpur were shuttered by police raiding parties on Sunday as part …
Swedish online gambling software and games provider NetEnt is set to release two new online slots this week, titled Drive: Multiplier Mayhem and Fantasini: Master of Mystery. The theme for Drive: Multiplier Mayhem is a futuristic street car race with interactive involvement of the player. The slot is a 5-reel, 3 bet line with Multiplier …
Corporate reportage from major UK bookmaking firms Ladbrokes and William Hill this week will illustrate the impact of government moves on fixed odds betting terminals and the ‘place of consumption’ online gambling tax, the Sunday Times noted over the weekend. The expectation is that profits will be badly impacted by government moves to limit the …
Hard on the heels of news that DFS legalisation is gaining traction in the California Legislature, and Friday’s launch of Assemblyman Adam Gray’s new bill seeking the legalisation of online poker (see previous reports), the mass-circulation newspaper Los Angeles Times published a long article on problem gambling Saturday, claiming that “up to 1 million Californians …
Nebraska state senator Tyson Larson has requested that his bill LB970 be shelved until the next legislative session, effectively killing the measure for the rest of this year. Larson wrote to Galen Hadley, Speaker of the Legislature Friday asking for the withdrawal, and the Speaker obliged, saying that it was Larson’s prerogative to take the …
Swedish online gambling games developer Yggdrasil has announced the launch date for Golden Fish Tank, a new slot with a RTP of 96.8 percent that will go live on licensee sites on February 24. The game boasts free spins and bonuses with multipliers on all wins, extra free spins, random and fixed wilds and super-stacked …
The respected journalist Howard Stutz has resigned from top Nevada newspaper Las Vegas Review-Journal and accepted a position as strategic development officer with law and lobbying firm Greenberg Traurig, according to a tweet from the writer on Friday. Our readers may recall that late last year the LVRJ was the subject of a high-priced and …
The legal debate over daily fantasy sports appears to be heating up in Arizona, where Senate Bill 1515 has been introduced, allegedly in a bid to clarify the genre’s legal status in the state. Current Arizona law makes it to illegal to spend money to participate in any game or contest of chance of skill, …
Faced with exclusions from racing course sponsorships, online bookmaker BetVictor has become the fourth online operator to sign up as an Authorised Betting Partner with the British Horseracing Authority, reportedly agreeing to cough up 7.5 percent of its racing bet revenue to the organisation. The three year deal aligns BetVictor with other signups, including 32Red, …
Online gamblers have learned the hard way that when an operator suddenly stops or slows withdrawals and does not explain what is happening, it’s usually the precursor to a shutdown that leaves them unpaid and out in the cold. That may not be the case with daily fantasy sports operator FantasyHub, a Texas-based enterprise launched …
The well-known and respected online gambling researcher Jonathan Parke has been named by The Independent newspaper in what it claims is a conflict of interest issue involving his wife Jane Rigbye – a senior executive at the Responsible Gambling Trust (RGT). The newspaper claims that Parke’s company Sophro Limited benefits from a GBP 750,000 RGT …
Despite controversy over the involvement of its CEO, Greg Pierson and the company itself in the UltimateBet cheating scandal several years ago (see previous reports), Iovation has been awarded a Class 2 licence by the Nevada Gaming Commission on the recommendation of the Nevada Gaming Control Board. The reportedly unanimous approval of a licence enables …
Online gambling software and games developer Microgaming has released two new online slot previews, showcasing games that feature Chinese cuisine and a well-known nursery rhyme as themes. Win Sum Dim Sum captures the essence of Chinese cuisine as a backdrop to a 5 reel, 9 line slot that delivers entertainment and opportunities for reward through …
Mr Green and Company AB, a Swedish-listed online casino operator, has reported a strong fourth quarter and improved progress over the full year, highlighting the following performance figures: In the fourth quarter: * Revenue up 15 percent y-o-y at SEK 201.1 million; * EBITDA up 71.2 percent to SEK 29 million, and EBIT of SEK16.8 …
Online gambling software and games provider Playtech has announced a three-year extension to its Deal or No Deal Bingo licensing agreement with Endemol. The agreement notes that Playtech retains the exclusive rights to the brand in the British market, and Playtech has indicated that it intends to further optimise the product for desktop and mobile …
Game Account Network (recently rebranded GAN) has announced another US contract for its Simulated Gaming online gambling product, this time with Atlantic City land and online gambling group (and New Jersey online market leader) Borgata Hotel Casino and Spa. GAN notes that its popular product could be used in licensed and regulated markets such as …
An agreement between virtual sports provider Inspired and the Italian operations of Betclic Everest signed last year (see previous reports) came to fruition this week with the launch of the products on Betclic.it. The operator’s sportsbetting, casino, poker and live dealer action has been augmented by an 11-game virtual sports portfolio that includes Football, Motor …
US interactive entertainment publisher 2K had met its 15 February start date announced in press releases at the start of February, launching NBA 2K16 Road to the Finals – a competition that merges simulation basketball with eSports and culminates over the course of the NBA Finals in June. Players on PlayStation4 computer entertainment system and …
A bill (SB339) seeking to declare daily fantasy sports competitions legal in Indiana has been approved by the state Senate and is now under consideration by the House Public Policy Committee, which is expected to vote the measure forward next week. Among the amendments sought so far by committee members in an initial 90 minute …
The Association of British Bookmakers, a trade association representing UK gambling industry interests, has attacked recent reportage on fixed odds betting machines in The Times newspaper as “little more than a litany of non-evidenced campaign assertions that lacked any proportionality or reference to evidential sources such as gambling prevalence and health surveys.” In an op-ed …
A daily fantasy sports legalisation bill made good progress Thursday, securing approval on a vote of 18 vs. 16 in the state Senate. The bill now moves to the state House of Assembly for further scrutiny and hopefully a vote. The Associated Press news agency reports that the bill clarifies West Virginia law does not …
Vivendi, an integrated media and content group and the major shareholder in French mobile games provider Gameloft with a 30 percent stake, has announced that it intends to offer a public tender for the remaining shares in Gameloft and is prepared to pay Euro 6 a share to acquire them…a 23 percent premium over the …
All Slots online casino has reported – unfortunately with little detail – on a major win on Microgaming’s Major Millions progressive slot. The player, identified only as DM and from an undisclosed location, bet just $3 to hit the $516,468 jackpot whilst playing on her mobile device. She rode her winning streak, scoring several more …