Gambling news - page 715

India’s Supreme Court backs online lottery ban

6 Nov 2015

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 …

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Americans can expect even bigger DraftKings presence following new deal

5 Nov 2015

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 …

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Brit arrested for gambling at Singapore tennis tournament

5 Nov 2015

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 …

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IGT gives online Wheel of Fortune game another push

5 Nov 2015

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 …

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U.S. and Australian trade associations to unite against illegal online gambling

5 Nov 2015

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, …

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Aussie victims of online gambling conman seek orders to freeze assets

5 Nov 2015

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 …

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Core Gaming’s Word Candy scratch card launched

5 Nov 2015

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 …

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Y.T.D. financials dive 20 percent at Fortuna Entertainment

5 Nov 2015

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 …

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888 Holdings’ global advertising account goes to UK firm

5 Nov 2015

The London-based agency Hometown has been awarded the global advertising account for 888 Holdings online gambling group’s poker operations, Campaign Live reports. The award was made after Hometown won a competitive pitching process, but the agency has previously worked for 888 on a number of projects. A spokesman said Thursday that work will immediately begin …

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Australian back bencher proposes new national gambling tax

5 Nov 2015

The Guardian newspaper in Australia reports that Victoria state Senator Bridget McKenzie has proposed a new federal government national gambling tax and a ban on Aussie punters gambling with foreign operators who are unlicensed in the country. Her proposal calls for an evenly applied, uniform federal tax of 0.05 percent on turnover in which all …

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More trouble for daily fantasy sports giants

5 Nov 2015

The troubles keep building for daily fantasy sport operators DraftKings and FanDuel as more politicians and legal firms jump on the bandwagon associated with the DFS “insider” scandal (see previous  reports). Indiana broadcaster WTTV reports that an Indianapolis law firm is trying to get complainants together for what will be the twentieth class action filed …

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Swedish player hits NetEnt jackpot

4 Nov 2015

An unidentified Swedish player won SEK 1,128,000 on NetEnt’s Dazzle Me slot while playing at Karl Casino over the weekend. The lucky punter hit the jackpot after placing a maximum bet across all 76 bet lines.

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Ashkenazi named CEO of Rational Group

4 Nov 2015

Amaya Inc. has named its vice president of strategy Rafi Ashkenazi as chief executive officer of subsidiary Rational Group. Ashkenazi  joined the Rational Group in January 2013 as chief operating officer having held the position of chief operating officer at Playtech.  He became senior vice president of strategy for Amaya Inc. earlier this year. Ashkenazi …

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November releases from Microgaming

4 Nov 2015

Microgaming will release “Basketball Star”, a 5×3 reel slot with Rolling Reels simultaneously across flash, mobile and download platforms in November. Basketball Star is a 243-way-to-win offer set to a Hip-Hop track.  Three or more scatters trigger up to 25 free spins, with a maximum multiplier trail of 10x. Players can also shoot lucky with …

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Zynga loses CFO

4 Nov 2015

Social gaming giant Zynga’s chief financial officer David Lee will leave the company on a high as it reports a positive performance in its third quarter results which are above the top end of its guidance range. The results were driven by Zynga’s three core mobile franchises Wizard of Oz Slots, Words with Friends and …

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Unibet bullish on back of quarterly report

4 Nov 2015

Gambling stalwart Unibet Group plc delivered a third quarter interim report whose results it says were affected by unfavourable currency exchange rates but still show strong organic growth. The company said it had delivered a new all-time high in gross winnings revenue which amount to GBP 86.1 million (Q3/2014: GBP 80.4 million), the amount “significantly …

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Kambi Group soars

4 Nov 2015

Kambi Group plc delivered a robust quarterly financial Wednesday reporting an increase of 35 percent in Revenues for the third quarter. Other key financial highlights for the period include: –    Revenue amounting to Euro 12.8 million (Q3/2014: Euro 9.5 million), up 35 percent during its third quarter. –     Revenue over the nine month period …

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eSports firm pushing for self-regulation?

4 Nov 2015

In what appears to be a move to avoid eSports finding itself in the invidious situation that has developed around the daily fantasy sports vertical, operator Unikrn has announced the launch of a Code of Compliance aimed at obviating match fixing and other forms of cheating The company’s CEO, Rahul Sood said this week: “As …

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Next year will see more gambling licenses in Italy

4 Nov 2015

New draft laws published recently by the Italian government give a preview of what the gambling industry can expect in 2016, with existing licenses up for renewal and new licensing that includes provision for internet cafes. Existing land gambling licenses will expire around mid-year, and operators will be offered the chance to renew. In addition, …

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Sheldon Adelson accused of crony capitalism over RAWA

4 Nov 2015

The Restoration of America’s Wire Act, an attempt to ban online gambling supported by land casino billionaire Sheldon Adelson, came in for some heavy criticism in a Huffington Post op-ed article penned by legal expert Bruce Fein this week. Fein claims that crony capitalism in the USA has become an epidemic, with federal regulation a …

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Isle of Man gears up for sixth e-gaming summit

4 Nov 2015

With the sixth annual e-Gaming Summit just weeks away on November 10, organisers KPMG have released details of the expert speakers who will address delegates. There will once again be a series of Master Classes run by the International Masters of Gaming Law (IMGL) that will include international panellists such as IMGL President Joerg Hofmann, …

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Gambling exec says that daily fantasy sports should be regulated in Georgia

4 Nov 2015

Lawmakers in the US state of Georgia held a hearing Monday as part of a legislative study on whether daily fantasy sports should be regulated. During the hearing, chairman state Sen. Brandon Beach asked Keith Smith, the CEO of Boyd Gaming Corp. whether Georgia should follow efforts in other states to place rules on companies …

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Seals with Clubs Bitcoin casino owner sentenced

4 Nov 2015

Bryan Micon, the Las Vegas Bitcoin online casino operator of the Seals With Clubs website who was busted by Nevada authorities earlier this year in a raid on his home, (see previous  reports) has been sentenced for operating an illegal gambling system. The Associated Press news agency reports on Tuesday that a Las Vegas court …

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New Portuguese online gambling licenses

4 Nov 2015

The Portuguese politicians may have approved the regulation of online gambling, but the practical implementation may take a little longer. Esperança Figueiredo, a director of Serviço de Regulação e Inspeção de Jogos – the new regulatory structure that will oversee the market – said this week that it is unlikely that the body will be …

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