A new study by Juniper Research has found that more than one in 10 adults worldwide will engage in some form of mobile or online gambling by 2019, with nearly half of adults in UK and Italian markets playing by that time. Researchers at Juniper say that while to some extent the forward growth can …
The Australian media are highlighting a report from Financial Counsellors Australia which is concerned about growing incidents of problem gambling due to the proliferation of online sports betting, and suggests federal government measures that should be implemented to combat the issue. The full report can be accessed here: http://www.financialcounsellingaustralia.org.au/getattachment/5cf44306-d643-4e60-8f33-2922659c4de5/FINAL-PDF-Duds,-Mugs-and-the-A-List-The-Impact-of-Uncontrolled-Sports-Betting-low-res.pdf FCA spokesperson Lauren Levin claims that …
Australian entertainment firm Crown Resorts has acquired a 60 percent interest in Texas-based DGN Games LLC for a US$ 27.5 million consideration. In addition to the consideration, Crown will boost the social gaming company’s growth strategy with a US$ 5 million cash injection. “It’s early days for us, but we think the social gaming space …
Webis Holdings’ WatchandWager.com subsidiary has been awarded an Advanced Deposit Wagering (ADW) licence by the Washington Horse Racing Commission (WHRC). The award of the licence will enable WatchandWager to accept online pari-mutuel horse race betting from Washington State residents. “We are excited to add Washington State to WatchandWager’s growing list of states where we can …
Italian gaming firm Sisal Matchpoint has clinched a sponsorship deal for the 2015/16 season with top-tier Serie A professional football club AS Roma. Under the terms of the deal, Sisal Matchpoint will serve as AS Roma’s principle sponsor affording the company high visibility branding in the club’s Olympic Stadium and other promotional opportunities.
Michal Hanák has returned to Fortuna Entertainment Group (FEG) as Group Chief Sportsbook Officer, having spent the last three years as director of strategy at sports betting operator Niké. Hanák succeeds Ondřej Vích who leaves Fortuna at the end of August for personal reasons. He boasts more than 20 years in the bookmaking, sports betting …
SBTech will integrate a new cashout function along with live-streaming capabilities during the third quarter of this year. The new cashout function provides players the ability to sell back their bets to the operator while live-streaming capability on many of its games will be integrated from three unnamed third-party providers. “The fast-pace of in-play is …
Armenian sports betting operator Goodwin.am has inked a deal with UK software provider BetInvest for a fully customised, online multi-platform offer that includes casino, virtual sports, live dealer and sports betting. The white label offer will be available across web and mobile at goodwin.com and goodwin.am in English, Russian and Armenian language options and will …
ZEAL Network (formerly Tipp24) has tripled EBIT in the first half of 2015 but said revenue was impacted by a single high jackpot payout of Euro 47.9 million. According to ZEAL, the implementation of the UK POC tax regime has had a positive impact allowing it to capitalise on a significant decrease in operating expenses …
Speculation on the destination of Bwin.Party’s senior executive and group director for poker Jeffrey Haas has ended (see previous report) with the news that the industry veteran has been appointed by daily fantasy sports operator DraftKings. Haas will lead DraftKings’ international expansion under the title of chief international officer and will head up the company’s …
The National Football League of Russia has inked a deal with the Moscow-headquartered online and land bookmaking firm Fonbet through which the bookmaker is appointed title sponsor of the Russian football second division over the 2015-2016 season. The 20-club division will be officially branded the ‘Fonbet Russian Football Championship’ and will give Fonbet publicity and …
Investors in the UK spread betting firm Spreadex will be pleased with the GBP 20.1 million windfall dividend distributed this year – a year-on-year quadrupling of the pay-out – following soaring turnover and profits. Full year results to May 31, 2015, show that sales grew from GBP 35.4 million to GBP 40.4 million, while pre-tax …
Providing interesting viewing on Youtube this weekend is a 10-minute trailer promoting an expose on arch anti-online gambling campaigner and billionaire land casino owner, Sheldon Adelson and his Las Vegas Sands group. The title of the expose suggests it is the first of several episodes, with the first airing – presumably on The Tim James.com …
According to reports in the Irish press this week GameAccount Network chief Dermot Smurfit is about to relocate to Las Vegas in order to develop fresh business opportunities with land casino operators. The company has already secured 7 deals for its online casino products, which are offered in free-play format but assist land operators to …
Operating an illegal online sports betting business in the United States – already a hazardous enterprise judging by the frequent reports of federal and state busts and heavy jail and financial penalties – could become even more dangerous due to a new Federal Bureau of Investigation drive against offenders. The new Internet Sportsbook Initiative was …
Discussing the UK gambling industry in a Proactive Investors interview Friday, Market analyst Stephen Schutte said a lack of growth is the main driving force behind the wave of consolidation deals among UK bookmakers, and that smart bookmakers ensure they have digital as well as land-based operations. In a wide ranging discussion Schutte talked about …
Online gambling group Betfair has signed a sponsorship agreement with English Premier League football club Southampton, giving it access to promotional opportunities which will include Southampton’s “Predict a Score” facility, which permits Saints fans to make predictions on results and key elements in a game. The terms of the deal, which follows Betfair’s partnership with …
Marathonbet, a European online sports betting operator, has followed up on its sponsorship deal with Manchester United earlier this month with a new sponsorship agreement with Championship football club Middlesbrough FC covering the 2015-15 season. The agreement permits Marathonbet to brand one stand in the 32,000-seat Riverside Stadium, along with promotional and publicity advantages involving …
The Board of Sportech plc has reacted to press speculation around the reported acquisition attempt on the company by Toronto, Canada-based Contagious Gaming (see previous reports). In a statement issued Friday, Sportech’s directors confirmed receipt of an offer to buy Sportech from the Canadian listed gaming and software firm, but emphasised they would not recommend …
The Betway Premier League darts sponsorship will break new ground in 2016 with the tournament’s first visit to the Netherlands, and the Ahoy Arena in Rotterdam is set to join the UK and Ireland’s biggest venues in hosting the sport’s widest-reaching event. The GBP 700,000 Betway Premier League, televised live on Sky Sports, sees an …
Online casino operator Mr Green reported continued second quarter growth this week, highlighting: * Game win up 20.7 percent year-on-year to SEK 194.8 million (161.4); * EBITDA for the second quarter up 10.5 percent at SEK 42.5 million (38.5); * EBIT for the second quarter at SEK 25.0 million (25.5). The company reported that it …
The political approval of new gambling laws in Mexico seems to be taking a remarkably long time to achieve, but at least one industry expert feels that there is a chance it could be concluded this year. The new legislation passed the lower house in late 2014, but hopes that it would continue to make …
The UK Gambling Commission has developed a collaborative tactic with the British police force’s Operation Creative – an initiative by the Police Intellectual Property Crime Unit (PIPCU) which takes action against websites that direct the public to companies offering illegal or pirated online gambling, films, music and books. The partnership has proved effective, with the …
Online gambling operator Betsafe is upfront that it is in business to prosper in its latest television advertisement, produced by the Swedish CP+B creative agency and adopting a confrontational strategy that players don’t always win. “Life is all about the challenge,” says the gambling boss at the beginning of the ad., strolling languidly through throngs …