Gambling news - page 732

PAGCOR accreditation for NMi

27 Aug 2015

The Philippine Amusement and Gaming Corporation has approved the accreditation as a testing agency of online and land gambling test lab NMi, the company revealed in a statement Wednesday. “This accreditation by PAGCOR follows the recent appointment of NMi by First Cagayan. With NMi now able to test for both jurisdictions in the Philippines this …

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Paddy Power Betfair co-founders laughing all the way to the bank

26 Aug 2015

On the back of a possible Paddy Power-Betfair merger, share prices rose sharply in both companies, no doubt elating Betfair co-founder Ed Wray and Paddy Power’s David Power. Betfair’s share price rose 21.36 percent to GBP 31.59 as we went to press effectively increasing the worth of Wray’s 9.5 percent holding by at least GBP …

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SB Betting in content deal with 1x2Gaming

26 Aug 2015

SB Betting is the latest operator to go live with 1X2gaming content on Nigerian-based website Merry Bet.com. Online players will have access to 1X2gaming’s virtual sport and casino content across HTML5 and Flash platforms following the content integration. “We are very pleased about the addition of 1X2gaming content to our platform, which will add new …

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DraftKings partners Hooters for first six weeks of NFL 2015 season

26 Aug 2015

Privately-held American restaurant chain Hooters has partnered daily fantasy sports provider DraftKings to launch “The Hooters Fantasy Football Challenge”. The initiative encourages fantasy sports fans to compete against well-known ESPN analyst Jon Gruden during the first six weeks of the NFL 2015 season with a top prize of $50 000 per week up for grabs …

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NYX Gaming Group bolsters US exec team

26 Aug 2015

NYX Gaming Group has made two senior hires the first of which is Leon Thomas as managing director – US operations. Thomas previously served as chief marketing officer for part Caesars-owned Drai’s Enterprises, prior to which he held senior positions at  Caesars Interactive Entertainment and was managing director for Tombola.co.uk. Amaya Gaming’s former senior vice-president …

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EveryMatrix awarded additional UK licencing

26 Aug 2015

Software developer EveryMatrix has been awarded a General Software Licence, a General Betting Standard Real Event Licence in addition to a Casino Licence from the UK Gambling Commission. “As a serious software supplier in the industry, we are constantly assessing adding more licences to the portfolio. Consequently, we are currently in the process of acquiring …

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More on New Jersey sports betting appeal

26 Aug 2015

New Jersey’s long-running attempt to open up sports betting and get around the provisions of the restrictive Professional and Amateur Sports Protection Act has suffered another defeat following a decision by the Philadelphia-based Third US Circuit Court of Appeals this week to uphold PASPA’s ban on all sports betting except for four states (see previous  …

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SIS names CFO

26 Aug 2015

Data content provider SIS has appointed Nigel Stocks as chief financial officer replacing Jeremy Rudd. Stocks joins the company having served as group chief financial officer for health club business Jatomi Fitness Group for the past four years. “Nigel’s experience in contributing to strategic change and international expansion will be critical to SIS over the …

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FSB Tech in partnership with MyClubBetting

26 Aug 2015

MyClubBetting.com will launch a new sportsbook developed by FSB Technology (UK) Ltd (FSB). The FSB sportsbook, providing a number of sports, both pre-match and in-play, including their UK horse racing product, will be offered by MyClubBetting.com as a white label solution to sports clubs throughout the UK. MyClubBetting.com will be able to create a bespoke …

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Yggdrasil on the up in H1-2015 update

26 Aug 2015

Malta-headquartered Yggdrasil Gaming has had an eventful first half 2015 with the launch of its HMTL5 framework, iSENSE 2.0 and its first progressive jackpot “Joker Millions” along with the opening of a new office in Poland, amid other notable developments. In an H1/2015 update, the company said it had signed 11 agreements in total including …

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Betfair posts encouraging results

26 Aug 2015

In its first quarterly report for fiscal year 2016, Betfair posted a 15 percent rise in group revenue along with impressive mobile results. Key performance indicators for the three month period ending July 31, 2015 include: –    Group Revenue up 15 percent to GBP 135.4 million despite the comparative period containing the World Cup –   …

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Paddy Power delivers strong HY1 results

26 Aug 2015

On the back of a possible merger announcement with Betfair , Paddy Power plc has reported a 33 percent rise in operating profit for the six months ended June 30, 2015. Key group performance highlights include: –    Operating profit growth of 33 percent to Euro 80 million, or 68 percent before Euro 32 million in …

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Paddy Power and Betfair in merger talks

26 Aug 2015

Paddy Power and Betfair have announced a “possible merger” agreement saying on completion the combined group would be known as Paddy Power Betfair. The boards of the two industry giants have reached an agreement in principle on the key terms of a merger which would create “one of the world’s largest public online betting and …

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Inspired debut multi-viewer solution powered by Microgame

25 Aug 2015

Virtual sports provider Inspired will launch a multi-viewer solution powered by Microgame enabling it to run concurrent virtual sports channels from a single PC, instead of one PC per channel, in its locations in Italy. The multi-viewer system will enable Microgame to benefit from incremental virtuals revenues along with reduced hardware and maintenance costs. Through …

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Coral in-house studio launch new title

25 Aug 2015

Bookmaker Coral has launched its newest game title “Jokers Gold” on mobile and desktop, its third developed by in-house studio CR Games. The release is one of many exclusive, in-house developed titles set for launch in the near future and forms part of Coral’s growing omni-channel offer. Jokers Gold is a five-reel slot game with …

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Sports betting in New Jersey appeal denied

25 Aug 2015

New Jersey State’s long-running effort to repeal some of its own prohibitions against sports betting was denied by a panel of three United States Court of Appeals for the Third Circuit judges in Philadelphia by a 2-1 vote Tuesday, upholding an earlier lower-court ruling. The court upheld the lower-court ruling saying in its opinion, the …

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PKR appoint CEO as Alexander departs

25 Aug 2015

PKR Technologies Limited has appointed Chris Welch chief executive officer as Neil Alexander departs after a short two month stint with the company. Alexander joined the company in June 2015 having previously served in senior management roles at Tipp24 and SportingBet.  He replaced Malcolm Graham who left at the beginning of the year after spending  …

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Comtrade integrates Oneworks Solution

25 Aug 2015

Comtrade Gaming has inked a deal with Asian sportsbook provider ONEworks and completed the integration of its iCORE Enterprise Gaming Platform with ONEWorks’ sportsbook platform. Comtrade licensees will be able to leverage ONEWorks’ platform offering an extensive range of bet types, events, multiple odds, in-play markets and virtual sports. Steven Valentine, director of interactive at …

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Strong growth at Cherry group but losses continue

25 Aug 2015

Swedish gambling group Cherry AB has released its interim report covering the period January to end June 2015, showcasing the following highlights: * Second quarter growth of 61 percent in online gaming operations; * 119 percent growth for Yggdrasil – but EBITDA lower at SEK -1.2 million (SEK -600,000); * Group revenue increased by 40 …

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Genii signs fifth content deal in a month

25 Aug 2015

Gaming Innovation Group, operator of Guts.com and other subsidiaries, has become the fifth operator in a month to sign up for Genii desktop and mobile games. Genii’s entire casino games portfolio, over 130 titles, will be available on Guts.com and other GiG subsidiaries like platform provider iGaming Cloud.com in the near future. The content agreement …

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William Hill appoints Bowcock as CFO

25 Aug 2015

William Hill has appointed Philip Bowcock as chief financial officer from November 1, 2015, succeeding Neil Cooper who is scheduled to leave the company November 6, 2015. Bowcock served as chief financial officer for Cineworld Group PLC until June 2015, prior to which he held various financial positions at Luminar PLC, Barratt Developments plc and …

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Crownbet named Racing Victoria betting partner

25 Aug 2015

Australian online wagering firm CrownBet has become the official online betting partner to Country Racing Victoria, an Australian State racing body. CrownBet surprised many as it scooped the sought-after “official wagering partner” portfolio for the AFL earlier this year (see previous report).  The company also serves as an approved betting partner to the NRL, FFA, …

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British Gambling Commission closes supplementary consultation on customer fund reporting

25 Aug 2015

The UK Gambling Commission has closed its supplementary consultation on the timing and format of customer funds reporting by remote operators (see previous  reports). Having established the principle of customer funds reporting in a previous consultation, the Commission said the assessment of responses from this supplementary consultation, has paved the way for implementation of the …

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MGA distances itself from Casino-Ra

24 Aug 2015

The Malta Gaming Authority (MGA) has declared no connection to Casino-Ra.com saying any reference to the MGA and/or gaming licence/s said to be issued by the MGA are false and misleading. As we went to press, the Russian language website still carried the MGA licence along with that of the European Gaming and Betting Association, …

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