Gambling news - page 702

Macau revenues plunge by almost a third in November

1 Dec 2015

Macau’s Gaming Inspection and Coordination Bureau has reported monthly gross revenue for November 2015 at MOP$16.43 billion (US$2.06 billion) which is down 32.3 percent, compared to the same month in 2014, and represents 18 months of consecutive decline in casino revenue for the region. The statistics show that the high roller VIP sector remains very …

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Daily fantasy sports industry awaits New York court decision

1 Dec 2015

The daily fantasy sports industry in the United States is anxiously awaiting a ruling by a New York Court on the legality of daily fantasy sports in the state following an application for an injunction against DraftKings by state AG Eric Schneiderman (see previous reports). Schneiderman filed the application on November 17 after issuing a …

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Williams Interactive launches new online slot

1 Dec 2015

Latest product from the Williams Interactive studios is an online slot with an oriental theme titled Wishing You Fortune. With 5 reels and a 1024 Ways to Win format, the game features a Free Games round which allows players to choose either more Free Spins with smaller Multipliers, or fewer Free Spins with Multipliers up …

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Furore over the Furry Ones in Australia

1 Dec 2015

The South Australian media reports that a cat shelter run by a former exotic dancer has lost its charity licence to solicit for funds after donations were allegedly used for online gambling. Nicky Hocking, the dancer who founded Adelaide-based The Furry Ones cat charity, has denied the allegation and reminded the public of the good …

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TAIN signs up for 1×2 Gaming product suite

30 Nov 2015

Gaming platform TAIN will add a range of Flash and HTML5 content from 1X2 Gaming including virtual sports, casino and slots along with additional content from third party suppliers who have been integrated on 1X2 Gaming’s Panorama platform. Christer Fahlstedt, CEO of TAIN, added, “We have gone through an extensive process to determine the right …

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New social casino on connected TV Platforms

30 Nov 2015

Canadian smart TV software developer TransGaming Inc. has launched a new free-to-play social slots game on Freebox Revolution in France, the triple-play box of French broadband and telecom operator Free. “Slots XL”, the first launch in TransGaming’s new GameTree Casino product line, offers five slot games, mini games, free chips, a daily spin bonus, achievement …

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GIG in platform deal with Luna Entertainment

30 Nov 2015

Gaming Innovation Group Inc. (GIG) announced its eighth platform agreement with Luna Entertainment Limited for the launch of two new casino brands on GIG’s iGaming Cloud platform during the first quarter next year. Michigan-based venture capital firm Luna Entertainment currently holds investments in US terrestrial casinos Red Dolly, Kiowa, and Running Creek along with a …

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Hacking update from paysafe group

30 Nov 2015

Paysafe, the parent group for online processors Neteller, Skrill and other companies, issued an update Monday on its investigation into a hack believed to have taken place in 2009 – 2010. The hack was publicly reported at the end of last (October) month (see previous reports), and the company says that its investigations have shown …

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Daily fantasy sports firms adopt different approaches to U.S. scrutiny

30 Nov 2015

In an article published Monday the Associated Press news agency takes a look at the effect of the increased attention being paid to daily fantasy sports in the United States by political and enforcement interests. The article reports that CBS’s SportsLine DFS venture appears to have “quietly withdrawn” from the market until greater legal clarity …

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Motion tech in Core Gaming’s latest release

30 Nov 2015

HTML5 gambling software developer CORE Gaming has integrated mobile motion technology in its latest instant scratch card game release which is themed on the Wild-West. “Pan for Gold”, set during the gold rush era, tasks players to choose one of six locations on a map after which they are given three opportunities to discover gem …

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GVC appoint Shay Segev as COO of enlarged group

30 Nov 2015

Shay Segev, will steer the ship on completion of GVC Holdings plc’s acquisition of bwin, moving from his current role of chief strategy officer into the newly created role of chief operating officer. Segev comes well equipped for the position having served as chief operating officer at Playtech plc for almost seven years prior to …

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Coral posts full year results

30 Nov 2015

Impacted by regulatory headwinds and a comparative year that included the World Cup. Gala Coral Group delivered an increase of 3.7 percent in EBITDA results but said after adjusting for regulatory impacts and the World Cup, EBITDA was 30 percent ahead. Online EBITDA came in at GBP 56.2 million, 14 percent ahead of last year …

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Hopes for online gambling in Massachusetts revive

30 Nov 2015

The state of Massachusetts may yet join Delaware, New Jersey and Nevada in legalisation online gambling, according to reports in the Gloucester Times, which note that state senate Minority Leader, Sen. Bruce Tarr is actively lobbying for regulation and licensing of the genre under the oversight of the Massachusetts Gaming Commission. Tarr proposes that online …

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More on EU jurisdiction cooperation agreement

29 Nov 2015

The cross border administration cooperation agreement signed by 20 plus European Union jurisdictions this week (see previous report) was welcomed by the European Gaming and Betting Association (EGBA) as a solid step towards building confidence and trust. The voluntary cross border cooperation agreement, initiated by the European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs, …

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Ainsworth reassures market on strength of creative team

29 Nov 2015

The market’s negative reaction to Ainsworth Game Technology’s announcement on the departure of its group manager of strategy and development, Scott Clarebrough, has prompted a response from chief executive Danny Gladstone who said “the market had over-reacted”. Concerns over Ainsworth’s new games pipeline were dismissed by Gladstone who told Fairfax Media: “To use a football …

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OPAP files Euro 1 billion claim against Greek government

29 Nov 2015

The Greek Government’s introduction of new lottery regulations, which effectively halt the further rollout of video lottery terminal’s (VLT), was met with an aggressive response from domestic gaming monopoly OPAP who filed a Euro 1 Billion damages claim against the Government this week. The new lottery industry regulations from the Hellenic Gaming Commission go against …

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Ivey granted court appeal on Crockfords ruling

29 Nov 2015

Professional gambler Phil Ivey has been granted leave to appeal the ruling handed down by a British Court regarding GBP 7.8 million in denied winnings from Genting’s Crockfords Casino club in which the club accused him of using a controversial edge sorting technique claiming it was tantamount to cheating and against the rules of the …

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Microgaming sneak peek into the months to come

27 Nov 2015

Microgaming has uploaded a sneak peek at six upcoming titles “Happy Holidays”, “Serenity”, “Lucky Twins”, “Peek A Boo”, “Bikini Party” and“Dragon Dance”. “Happy Holidays” is a Christmas-themed, 5 Reel, 243 Ways slot set for release in December 2015. It offers a free spins feature increasing the game to 1024 ways to win. https://youtu.be/UpeUwOVk3Wc Also scheduled …

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Dutch market larger than previously thought?

27 Nov 2015

Holland Casino-commissioned research conducted by Motivaction has revealed a Euro 500 million online gambling market, Euro 200 million more than previously estimated. The report from Dutch publication NOS said the Motivaction research shows 1.5 million Dutch people illegally gamble online, which if accurate, equates to one in ten Dutch people over-12-years-old are active in the …

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Betfred to close Wigan Tote Park

27 Nov 2015

UK gambling firm Betfred has confirmed the closure of its Wigan Tote Park on December 11, 2015 saying the significant shift to mobile and online had forced it to review the viability of the centre. 112 staff are expected to be affected by the closure of which BetFred says 14 are full-time employees, seven of …

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Intertain appoints chief revenue officer

27 Nov 2015

Irina Cornides has taken up the role of chief revenue officer at Intertain Bahamas having previously served as managing director of Mandalay Media for almost a year and a half. Prior to Mandalay Media, Cornides was head of bingo for BGO Entertainment. In her new role, she will be tasked with formulating and executing strategies …

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Kansspelautoriteit partners 19 EEA jurisdictions

27 Nov 2015

Dutch gambling authority Kansspelautoriteit has entered into a cooperation agreement with twenty other gambling regulators of member states of the European Economic Area (EEA), and is soon to be joined by another ten. The agreement, established by the European Commission, outlines a regulated and increased exchange of information relating to gaming markets, gaming suppliers, licensees, …

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UK Gambling Commission releases first market figures since POC tax

26 Nov 2015

The UK Gambling Commission released new figures Thursday saying they will paint an accurate picture of how much consumers in Britain spend on gambling online. These are the first set of figures since the implementation of Britain’s point-of-consumption tax came into effect and represent the five-month period from November 2014 to March 2015 for online …

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NuWorks release Christmas slot

26 Nov 2015

Nuworks Gaming has launched its latest three-reel slot release to Lucky Club , a Christmas-themed offer titled “Santa 7s”. Landing a cheeky elves double Wild symbol and a triple Wild together will pay 6X the win, while two bonus prize meters can award free games, instant bonuses and jackpot spins. Three of a kind will …

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