China’s Ministry of Public Security said today it had arrested ninety-eight suspects in a major international online gambling operation estimated to have taken Yuan 500 billion (GBP 51,53 billion) in wagers. According to the Ministry, the operation boasted around one-million users, mainly from the Chinese mainland. Police in Guangdong and Hunan provinces shut down over 500 …
Further austerity measures will see the Greek Government introduce a 5 percent tax on wagers placed with Greek betting firm OPAP, Reuters reported Tuesday. The tax is expected to raise between Euro 300 to 400 million per annum and “forms part of prior actions Greece must legislate this week to unblock Euro 2 Billion in bailout funds and …
Paddy Power’s interim trading report for the period July 1 to November 15, 2015 delivers strong underlying growth despite unfavourable sports results. The company said strong top-line momentum had continued during the second half in line with the Board’s expectations leading to their continued expectation of a mid to high single digit percentage increase on …
An appeal made by the Australian Wagering Council (AWC) earlier this week on behalf of Australian online corporate bookmakers calls for the legalisation of in-play betting to limit Australians betting off-shore with unlicensed operators. The submission, which forms part of the Federal Government’s review of the interactive gambling act, claims over 50 percent of the …
A request for an injunction to halt a cease-and-desist order issued by New York Attorney General Eric Schneiderman (see previous reports) from daily fantasy sports (DFS) giants DraftKings and FanDuel was denied by the New York court’s Justice Manuel Mendez Monday. DraftKings and FanDuel requested the urgent restraint until their case is heard saying they …
The Dutch gambling authority Kansspelautoriteit has levied a hefty fine at Redcorp S.A. and Bluemay Enterprises NV, the two gambling firms behind Red Slots.com, saying the operator offered illegal games of chance focused on the Dutch market. In parallel, the authority also reported that the Red Slots website informs that financial transactions are facilitated through …
Betsoft Gaming has extended its relationship with bitcoin-only online casino coingaming.io with the provision of an entire suite of gaming products including its Slots3 collection of 3D video slots and the ToGo library of mobile games. “Betsoft is a well-known leader in the provision of 3D cinematic gaming for online slots and we are delighted …
On completion of a period of exclusivity with Sky Vegas, independent Wolverhampton-based developer Live 5 Gaming will release its “Sky’s The Limit” mobile and online game to a wider audience. Hailing its performance with Sky Vegas, Julian Beck of Live5Gaming said the game had been a “great performer” on mobile leading to the development and …
Virtual sports provider Inspired has entered the Swedish virtual sports market in partnership with ATG following a competitive tender process. Inspired claims a first with ATG’s launch of its Rush Horses and Rush Trotting products, customised for the market following Swedish player and market research. Available across mobile and online platforms, Inspired’s products are streamed …
Modern Times Group (MTG) has acquired leading Scandinavian e-Sports operator DreamHack for SEK 244 million (Euro 26.1 million). Our readers will recall MTG’s acquisition of a major stake in e-Sports company Turtle Entertainment – owner of the ESL brand – earlier this year. “This complements our recent investment in ESL, and reinforces our commitment to …
London-based Zeal Network achieved strong earnings growth in the first nine months driven by a robust underlying performance. Key performance indicators for the 9 months ending September 30, include: – EBIT growth of 85.8 percent – Consolidated net profit rose significantly to Euro 8.2 million (9M/2014: Euro 1.1 million) and EPS rose from Euro 0.12 …
Scientific Games Corporation’s executive vice president, chief financial officer and corporate secretary Scott D. Schweinfurth will step into retirement following completion of the Company’s year-end financial audit and the appointment of his successor. In other news, the company appointed Michael Quartieri as Vice President and Corporate Controller.
Online gaming operator Stride Gaming plc delivered a solid performance for the year ended August 31, 2015 impacted by the cost of three acquisitions during the period. Key performance indicators include: – Raised GBP 11.2 million with regarding to IPO on AIM. – Net Gaming Revenue grew 227 percent to GBP 27.8 million (2014: GBP …
Shortly after the announcement of a new partnership between Game360 and SNAI (see previous reports), the NYX Gaming Group company has launched their first wearable version of the ‘360 Betting Mobile’ app with the major sports betting and gaming operator in Italy. The Game360 mobile sportsbetting solution runs on Android, iOS and AppleWatch wearable technology …
Australian gambling groups Tatts Group Ltd. and Tabcorp Holdings Ltd. have cancelled takeover talks saying discussions had failed to reach agreement. Tabcorp said in a statement that the two companies “were unable to agree mutually acceptable terms and those discussions have ended” followed by similar in a separate statement from Tatts.
https://youtu.be/XHn2p2ocxVY Microgaming is set to launch “Bullseye” a new 3-reel, single-payline classic slot based on the 1980’s British TV Gameshow of the same name. Jim, Tony and Bully lead the player through this 1980’s-themed slot which requires matching star prizes from the 1980s such as a speedboat, caravan or car. The game features Wilds, Multipliers …
In response to New York State Attorney General Eric Sneiderman’s cease-and-desist order against daily fantasy sports providers DraftKings and Fanduel (see previous reports), the companies filed separate lawsuits Friday in the New York State Supreme Court. According to the filing, the Court is requested to furnish a declaration on the legality of daily fantasy sports …
The Massachussetts Attorney General’s Office (MAGO) indicted thirty-three individuals in connection with a multi-million dollar sports betting operation in the Boston and South Shore Areas this week. According to a MAGO statement, an investigation initiated in August 2014, involving multi-department authorities, resulted in the 122-count indictment by a Suffolk County Grand Jury. John Woodman (43) …
The New Jersey Division for Gaming Enforcement reported a 36 percent increase in online gaming to approx. $12.9 million over October 2014 and 7 percent up compared to September 2015. Online casino was the star performer with a gain of 36 percent year-on-year led by Borgata while online poker fell 3 percent to $19.1 million. …
Australian media widely report on the possibility of a merger between Australian betting giants Tabcorp and Tatts Group which if realised would create a A$9.4 billion leviathan. The Australian Business Journal (ABJ) reports high-level sources as saying the pair were on the “verge of a merger” and a bid was to “unfold in the near …
Senet Group launched its social media #gamblesmart campaign today (Friday) which will run for three weeks targeting the young male demographic. The campaign, which promotes responsible gambling with amusing online content, is an extension to the association’s “When the Fun Stops, Stop” TV campaign earlier this year. “Our campaign is all about prevention,” commented Ron …
BoyleSports in collaboration with SuperPixel Digital have debuted its “King of the Weekend” mobile offer, a prediction accumulator app that rewards correct predictions with cash and free bets. Players will need to crack seven correct predictions on the Premier League for a chance to win the top prize. The initiative forms part of BoyleSports’ Innovation …
After a month long trial, Ladbrokes is set to launch its “Ladbrokes Life Adventure” gamification reward system during December, claiming a first of its kind in the UK. Ladbrokes customers will collect coins when playing games which can be exchanged for guaranteed cash reward scratch cards across its sportsbook, bingo, Vegas and poker products. “We’re …
Rival Gaming is set to launch a 5-reel, 25-payline islot titled “Cirque Du Slots” at the end of this month featuring acrobatic performers, clowns and other circus props. Three or more Unicycle icons advances gameplay to the next act, while three or more Clown icons trigger Free Spin gameplay! The Green Acrobat icon is a …