Gambling news - page 694

More revelations in Adelson-associated newspaper case

25 Dec 2015

The repercussions from Sheldon Adelson’s allegedly stealth purchase of the Las Vegas Review-Journal spilled over into Connecticut Thursday with the resignation on ethical grounds of Steve Collins (54), a respected and professional journalist working for the Bristol Press, a publication owned by one Michael Schroeder. Schroeder is allegedly fronting for Adelson as the manager for …

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Daily fantasy sports leaders react to Illinois A.G. opinion

25 Dec 2015

Daily fantasy sports market leaders FanDuel and DraftKings have reacted quickly to Wednesday’s opinion by Illinois AG Lisa Madigan that their activities constitute gambling and are therefore illegal in the state. On Thursday the two companies filed separate cases fighting the opinion and insisting that their contests are games of skill allowed by Illinois law. …

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Major Chinese internet company buys eSports game developer

24 Dec 2015

Riot Games, developer of the League of Legends multiplayer game that has taken the eSports world by storm, is now a wholly owned subsidiary of billion-dollar Chinese Internet company Ten Cent. In February 2011 Ten Cent bought a majority shareholding in the company, which it has now augmented to take full ownership and control. Approached …

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El Gordo good for this African refugee

24 Dec 2015

Life has suddenly improved for a Senagalese refugee identified only as Ngame and his wife, who settled in Spain eight years ago after being rescued from a sinking boat whilst trying to reach Spain from Africa. The presently unemployed farm worker was one of the residents of Roquetas de Mar who bought an El Gordo …

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Betfair to exit Canadian online gambling market

24 Dec 2015

UK online gambling group Betfair, which is about to merge with Paddy Power to create an i-gaming powerhouse, has begun advising its Canadian punters that it plans to exit the market by January 14 2016. From that date, Canadian residents will no longer be permitted to place wagers or register with the betting exchange. Additionally, …

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Tabcorp legal and compliance exec bows out

24 Dec 2015

After ten years with Aussie gambling group Tabcorp as it’s regulatory and compliance executive, Kerry Willcock is leaving the company following accusations by the Australian Transaction Reports and Analysis Centre earlier this year that the company had committed over a hundred breaches of money laundering laws (see previous reports). In a statement, Tabcorp explained: “Further …

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New Jersey online gambling continues to grow

24 Dec 2015

The good news from the New Jersey Division of Gaming Enforcement (DGE) is that legal real-money online gambling in the state continues to grow, with November 2015 revenues up 51.3 percent on the same period last year, and 20.2 percent up on a year-to-date comparison basis, climbing to $134.8 million in 2015. Gaming win from …

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UK broadband provider to tighten web access

24 Dec 2015

In what is effectively a tightening of internet access in the United Kingdom, broadband services provider Sky has announced that starting early next year its optional block on access to ‘adult’ sites will become the default setting for new sign-ups, which customers will have to find and change if they want to view categories like …

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Daily fantasy sports deemed illegal in Illinois

24 Dec 2015

Responding to earlier requests for legal clarity from Illinois politicians, the Illinois Attorney General, Lisa Madigan, issued an opinion Wednesday that online fantasy sports is illegal gambling under the state’s criminal code. The AG has already communicated with market leaders DraftKings and FanDuel asking them to change their terms of use to include Illinois as …

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Will Colombia be the next online gambling licensing jurisdiction?

23 Dec 2015

The Colombian gambling regulator Cojuegos has advised that it has drafted three proposals regarding possible regulatory and technical details necessary to support the licensing of online gambling, and is inviting public comment in a consultation process. The proposals envisage a full range of online casino gaming covering most verticals, including fantasy sports and in-play betting. …

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Multi-state lottery scandal ends a senior official’s career

23 Dec 2015

US media following the progress of the multi-million dollar lottery fraud across several states (see previous reports) have discovered that a top Multi-State Lottery Association official’s head has already rolled as a result of the activities of former MSLA security head Eddie Tipton. The reports note that in October this year Charles Strutt, executive director …

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Intertain presses ahead with investigation into alleged short-seller activity

23 Dec 2015

Canadian online gambling group Intertain has wasted no time in setting up an independent investigating committee to look into allegations of misleading reportage and short selling by Spruce Point (see previous report). The committee, which consists of non-management directors David Danziger, Stan Dunford and Mark Redmond, in conjunction with the committee’s independent advisors has already …

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Full Tilt sponsors eSports team

23 Dec 2015

Online gambling operator Full Tilt is now sponsoring G2 Esports’ Hearthstone: Heroes of Warcraft team in an effort to attract more players and generate cross-marketing possibilities. The publication VentureBeat reports that Hearthstone can boast over 40 million players and earnings of $20 million a month, and is regarded as the most popular card game on …

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Board changes at Playtech plc

23 Dec 2015

Online gambling software developer and provider Playtech plc has announced the appointment to its board of directors of John Jackson, with effect from 1 January 2016. He will sit on the Board’s Remuneration Committee; Risk and Compliance Committee; Audit Committee; and Nominations Committee. In the same timeframe non-executive Deputy chairman, Hilary Stewart-Jones, has resigned effective …

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IGT awards GBP 3.6 million in online jackpots

23 Dec 2015

International Game Technology plc reports that it has awarded five major online jackpots in the last five weeks for a total of $3.6 million. * On Nov. 6, 2015, a player at Mr. Green online won a GBP 1,370,348 jackpot playing IGT’s MegaJackpots Siberian Storm – the largest award ever paid out on this theme. …

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English football sponsorship deal with Sky Bet extended

23 Dec 2015

The Football League, soon to re-brand as the English Football League, has extended for a further three years its sponsorship deal with online gambling company Sky Bet. The agreement will see Sky Bet continuing to sponsor three divisions under the League – EFL Championship, League One and League Two. Richard Flint, chief executive of Sky …

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More cash for NYX Gaming

23 Dec 2015

NYX Gaming received an early Christmas present this week when an unidentified private investor ponied up Cdn$10 million for a 25 percent stake in the company’s wholly-owned US operating subsidiary. Matt Davey, CEO of NYX, said that although there are certain conditions attached to the investment, it is not convertible into ordinary shares. “This capital …

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GameAccount Network signs up Capri Casinos subsidiary

23 Dec 2015

Gaming software developer GameAccount Network (now rebranded as GAN), has announced a new US deal with a subsidiary of one of the largest regional casino operating groups in America, Capri Casinos. The Lady Luck Interactive subsidiary has signed up for GAN’s Simulated Gaming software system, which makes available over 200 online casino games, including slot, …

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“Give us your best offers”, says Sportech

23 Dec 2015

The recent news that NetPlayTV is in preliminary talks with Sportech plc regarding the possible purchase of The Football Pools (see previous report) has been followed by a press release from Sportech. The statement confirms that the Sportech board has received a number of indicative proposals in respect of The Football Pools. “Consistent with the …

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UK online gambling supplier licence for Swedish software developer

23 Dec 2015

Swedish online gambling software developer Yggdrasil Gaming has been awarded the licences required by the UK Gambling Commission to offer its proprietary gaming platform and games to British residents. The company, which has offices in Malta and Poland, has signed up a number of online casino operators around Europe and its rapidly expanding games catalogue …

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Top management moves at Scientific Games

23 Dec 2015

Online and land gambling supplier Scientific Games has revealed top management moves at group level, with CEO Gavin Isaac’s contract extended by a year, and group chief financial officer Scott Schweinfurth on the way to a well-deserved retirement. Isaac’s contract extension is a vote of confidence in Isaacs, who has overseen important acquisitions like that …

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Top editor to depart Las Vegas Review-Journal

23 Dec 2015

Just when most thought the extensive reportage on the change of ownership at the Las Vegas Review-Journal was easing, the news broke late Tuesday that the senior editor at the publication, Mike Hengel, has accepted an exit passage and is leaving. Addressing a stunned LVRJ newsroom less than two weeks since the news broke that …

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Daily fantasy sports market significantly softer

23 Dec 2015

Daily fantasy sport market leaders DraftKings and FanDuel may be hoping that the holiday season brings more fans and competition entry fees to their sites following last week’s numbers from independent monitor SuperLobby, which portrayed a marked slowdown in action since the DFS gambling furore hit the headlines three months ago (see previous reports). SL …

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GTech legacy game content for DoubleDown social casino

23 Dec 2015

International Game Technology plc has announced that it has started to offer content from the legacy GTech game portfolio on its social gaming app, DoubleDown Casino, with the launch Tuesday of the originally Boss Media Treasures of the Pyramids slot for mobile and desktop. Our readers will recall that Boss Media was acquired by GTech …

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