Cambodian land casino operators are increasingly going online with live-streamed gambling, the Phnom Penh Post reported Saturday, noting that lax regulation and limited supervision has created an environment conducive to such a development. The newspaper claims that Chinese investors are playing a prominent role in the Cambodian push into webcam-based live dealer gambling, especially in …
The regulation of daily fantasy sports is a hot topic in Massachusetts and Illinois, according to reports over the weekend in the Boston Herald and the Daily Herald in Illinois. The Boston newspaper reports that the Massachusetts State Lottery is considering the development of a daily fantasy sports game, with lottery director Michael Sweeney exploring …
After months of negotiating that has necessitated two stock exchange extensions to the mandatory bargaining timeframe (see previous reports) UK-based Sportech plc and Canada’s Contagious Gaming have abandoned acquisition talks. Announcing the failure to reach agreement despite negotiating since August this year, Contagious said that it had not proved possible to secure mutually acceptable terms, …
In an interview with Bloomberg business news this week, Nigel Eccles -the CEO of US daily fantasy sport market leader FanDuel – revealed that he plans a sortie into the British market next year. However, some elements of the expansion will be an experiment, Eccles said, explaining that there was a need to prove that …
Claiming exclusive knowledge, the publication Gambling Invest has revealed that Amaya subsidiary The Rational Group, parent of Full Tilt and Pokerstars, has secured .com and other domains featuring the BetStars brand as it moves toward a new branded and dedicated identity in the online sportsbetting market. The publication reports that the domain BetStars.com previously hosted …
The Canadian online gambling industry could soon involve another major First Nation licensing group following a decision by the File Hills Qu’Appelle Tribal Council to permit its KPK Commission to extend its licensing offer beyond land-based gambling and e-commerce to online gambling operators. The Council represents 11 First Nation tribes in the southern part of …
Paddy Power’s Australian subsidiary, Sportsbet, is facing litigation following the filing of a Supreme Court case against it by the Adelaide-based Punt Club, which makes the startling claim that virtually the entire Sportsbet management team joined its social player pooling site in order to study the business model. Sportsbet subsequently launched a test version of …
UK gaming operator Editec has invested a seven-figure sum in sports digital content company Chroma Sports, engaging the company to develop sports digital and fantasy games products to ensure that Editec stays out in front in the international market. Chroma CEO Paddy O’Clery said that the agreement will allow his company, which includes Sky Sports, …
The latest Bitcoin-denominated online casino to soft-launch, Oshi, has a steam punk theme and was founded by 90Digital originator Nick Garner. Licensed in Curacao, the enterprise is powered by SoftSwiss. CTO Tom Finlayson says the company has an ambitious development schedule that targets both recreational and serious members of the gambling community. “It’s a virtual …
Online casino operator Mr Green posted weaker third quarter results for the period to end September 2015 this week, reporting a loss of SEK 75.95 million (approx. GBP 5.8 million), a decline when compared with the same period in 2014, when the company achieved a profit of SEK 27.4 million in the corresponding period last …
Daily fantasy sports football fans on the DraftKings site will soon have access to a greater volume of relevant information to assist in their selections following a deal with data provider Opta. The data provider will deliver live football performance statistics for the English Premier League, North America’s Major League Soccer and the Uefa Champions …
FEAST AHEAD FOR ONLINE SLOT PLAYERS New games from Microgaming, Lightning Box, Playtech and Yggdrasil previewed. Online slot fans will have plenty to keep them entertained in the coming weeks, judging by new games previewed Friday by software providers Microgaming, Lightning Box, Playtech and Yggdrasil. Two games – Serenity and Happy Holidays – are set …
The US Attorney’s Office has issued a press release advising that on Thursday a federal jury in Oklahoma City convicted two individuals for their participation in a scheme involving illegal gambling. Kelly Dorn (53) of Oklahoma City, and Kory Koralewski (45) of Parker, Colorado, were found guilty of racketeering conspiracy. Dorn was additionally convicted of …
Loto-Quebec’s fiscal half-year results are in, and its Espacejeux online gambling division is once again the star of the show, reporting year-on-year revenues up 28.2 percent to Cdn$28.3 million. The division’s online casino posted revenue up 20.2 percent year-on-year to Cdn$16.3 million, and launched its first mobile platform in September 2015. The company’s online player …
In a long investigative article this week Forbes examines the 2009 and 2010 hacks of online gambling payments processors Moneybookers and Neteller, revealing that although these initially appeared innocuous, it has since transpired that millions of users’ private data – addresses, emails, telephone numbers, birth dates and, in the case of Neteller, answers to password …
It appears that Utah Representative Jason Chaffetz is contemplating a last hurrah (at least for this year) on his Sheldon Adelson-inspired Restoration of America’s Wire Act, an attempt to federally ban online gambling that has been languishing in committee stage for the last few months. John Pappas, executive director of the Poker Players Alliance, tweeted …
In Sikkim, India the All Kerala Online Lottery Dealers Association lost its attempt to fight a ban on internet lottery activity imposed by the state government of Kerala when the Supreme Court rejected its appeal this week. “If online or internet lottery is to be prohibited by a State then that online lottery or internet …
The already ubiquitous presence of daily fantasy sports operator DraftKings at US stadiums is likely to be boosted even further following an agreement with mobile wifi company SignalShare. The deal gives the DFS provider access to SignalShare’s “consumer engagement platform”, which uses wireless networks installed at sports stadiums to help advertisers exploit the opportunity to …
Singapore police called to the Singapore Indoor Stadium at 10.20 pm one evening this week arrested a 20-year-old British man accused of illegal gambling under the Singapore Remote Gaming Act, presumably using a mobile device. The stadium was hosting the World Tennis Association end-of-season finals at the time, a championship featuring the top eight female …
International Game Technology issued a further marketing statement pushing its online, real-money version of the Wheel of Fortune Triple Extreme Spin this week, presumably to give more impetus to a game it launched earlier this year (see previous reports). IGT’s interactive games manager, Matteo Monteverdi said the game is the ideal example of his company’s …
Making the headlines in Australia is a statement by the trade association Clubs Australia that it is to partner with the American Gaming Association to “tackle illegal gambling websites”, which Clubs executive director Anthony Ball claims have created a scenario analogous with the Wild West. Ball doesn’t stop there in making broad and unsubstantiated accusations, …
Over 100 Australian investors in an online gambling enterprise, who claim they were conned by entrepreneur Peter Foster, are pursuing what they believe to be his concealed millions, serving eight freezing orders this week worth A$10 million on Foster and his associates, who include his niece Arabella and a high profile lawyer. It is believed …
Sky Vegas is among the first operators to carry Core Gaming’s new GBP 3 instant win scratch card Word Candy. By clicking on the ‘Buy Card’ button, a player can rip open a virtual chocolate bar and select 18 squares from a total of 27, each containing a letter, to try to complete words on …
The Czech online and retail gambling group Fortuna Entertainment has reported on its nine-month year-to-date results, revealing that EBITDA declined almost 20 percent to Euro 17.7 million, and warning that it expects a steeper decline in the final quarter of the year. The company said Thursday that it anticipates a 25-30 percent drop in 2015 …