Gambling news - page 769

Senet Group pushes #BADBETTY campaign

1 Jun 2015

Independent gambling self-regulator, Senet Group, launched the second wave of its #BADBETTY TV and online advertising campaign today (Monday). The group developed the campaign to remind gamblers that betting more than they can afford is a “#badbetty and they should pause and think again”. “Our research shows that gamblers are getting the message,” said chief …

Read now

Canadian sports betting bill in a race against time

1 Jun 2015

Canada’s attempt to modernise sports betting, Bill C290 is seemingly running out of time having stalled in the Canadian Senate for the past three years, legal firm Dickinson-Wright warns. “Championed by Joe Comartin, M.P. for Windsor-Tecumseh, the bill passed third reading with all-party support and is sitting with the Senate for consideration,” added C290NOW, a …

Read now

New Bitcoin-only online casino

1 Jun 2015

A  new Costa Rica-based bitcoin-only online casino has launched at Vegas Casino.io on the Curacao-licensed Coingaming platform. According to the press release, the unidentified team behind the new offer “boasts an experienced team of professionals behind the platform” who have run “casinos, sports books and poker for over a decade”, however, executive and ownership details …

Read now

SKS365 inks another content deal with 1×2 Gaming

1 Jun 2015

Shortly following its content deal agreement with Quickspin, Austrian-based SKS365 Group has inked another with 1X2 Gaming for a portfolio of HTML5 and Flash virtual sport and casino content that will become available through its planetwin365 operation. “We are very happy about this new partnership, which will bring 1X2gaming’s famous virtual sports plus new slots …

Read now

Sportradar powers new lottery monitoring system

1 Jun 2015

The World Lottery Association (WLA) and European Lotteries (EL) have launched a new Sportradar-powered global lottery monitoring system (GLMS), whose operational headquarters will be hosted by Danske Spil. The GLMS platform, which has been in “years of development” will provide WLA and EL members with extensive monitoring of the various betting markets offered by government …

Read now

Amaya issues update on AMF investigation

1 Jun 2015

Amaya has updated on the ongoing investigation into its business interests by the Quebec securities regulatory authority, the Autorité des marchés financiers (the AMF), concerning its Oldford Group acquisition on June 12, 2014. Amaya confirmed that the investigation involves employees of Amaya, including chief executive officer David Baazov and chief financial officer Daniel Sebag, but …

Read now

Oryx Gaming signs with NYX OGS for online casino games

1 Jun 2015

Online gambling group Oryx Gaming has inked a game supply agreement with the NYX Gaming group which will see games from a variety of providers made available through the NYX OGS system. The initial set of games will be from inventories supplied by 1x2Gaming, Nextgen Gaming, ELK studios, Amaya, iGaming2go, Thunderkick, Realistic Games, High 5 …

Read now

Mayhem in May for Macau gambling

1 Jun 2015

Official May 2015 gambling statistics from the Macau regulator proved as depressing as expected Monday, with year-on-year revenues plummeting 37 percent – the twelfth consecutive month of falling numbers. Data released by the Macau government showed gambling revenue fell to 20.3 billion patacas ($2.5 billion) from 32.4 billion patacas a year earlier. The May decline …

Read now

Meddling in Manila

1 Jun 2015

Rumours of high level corruption in the Philippines Bureau of Immigration (BI) surfaced again over the weekend when the Manila Times reported that a wanted illegal gambling fugitive from Chinese justice was being assisted by two senior officials in the Bureau. The current head of the Bureau, Commissioner Siegfred B. Mison, has been trying to …

Read now

More transparency from China’s internet police

1 Jun 2015

The traditionally secretive Chinese national police division dealing with Internet content and censorship is to become more transparent by investing in social media communications, opening appropriate accounts across the nation on Weibo – China’s Twitter equivalent – in a bid to become more visible to the public, says the Ministry of Public Safety. According to …

Read now

Illegal sports betting booms in South Korea

1 Jun 2015

Illegal sports betting in South Korea on horseracing, cycling, motorboat racing and online betting on other sports, is estimated to have reached some 17.5 trillion won in 2012, the Korea Times newspaper reported over the weekend, claiming the total amount of illegal gambling in the nation is now estimated at 75 trillion Won (1,698 Won …

Read now

Playtech moves to acquire troubled spread betting firm

1 Jun 2015

The Plus500 financial spreadbetting company, currently plagued by money laundering irregularities and the close attention of the UK Financial Conduct Authority (see previous  reports), may soon find a new home in the Playtech plc online gambling group. The directors of the two companies, which both have Israeli roots, announced Monday that they have reached agreement …

Read now

Significant growth for NYX Gaming

30 May 2015

The international online gambling group NYX Gaming continues to expand, with its Q1-2015 numbers just published showing revenues up an impressive 98 percent year-on-year, driven strongly by social product operations, a larger customer base and revenues from the recently acquired Ongame poker network. Highlights of the report included: * Overall revenues up 98 percent to …

Read now

We currently have no money, 666Bet acknowledges

30 May 2015

666Bet players still awaiting long overdue payments from the cash-strapped online gambling company will be disappointed to read the firm’s latest submission to the UK Gambling Commission – that it needs to raise additional funding in order to meet its obligations to players. So much for the protection of players through segregated accounts. In a …

Read now

Phua illegal sportsbetting case latest

30 May 2015

Federal prosecutors again appeared to be at sixes and sevens this week following the latest ruling by Nevada District Judge Andrew Gordon that they cannot adduce evidence of illegal sportsbetting by Malaysian high roller Paul Phua because it is tainted by questionable FBI tactics in obtaining it (see previous reports). In the latest developments in …

Read now

Heavy going for daily fantasy sports legalisation in Louisiana

30 May 2015

Rep. Joseph Lopinto’s bill HB475, which seeks to create state law exemptions effectively legalising daily fantasy sports in Louisiana (see previous  reports) may have sailed through the state House, but is now encountering heavy weather in the Senate Judiciary Committee. Local media reports indicate that Lopinto is having to deploy all of his legislative skills …

Read now

Fitch analyst echoes Ader vie on millennials

30 May 2015

Investment expert Jason Ader’s comments on gambling and the rising millennial demographic earlier this week (see previous  report) were echoed Friday by the respected Fitch Ratings director, Alex Bumazhny, who told the publication Street.com: “Millennials seem like they are a little bit less interested in gambling in the [land] casinos. They’ll still go to casinos …

Read now

Better numbers from Nevada in April

30 May 2015

There was more positive news from Nevada in April as revenues ended a two-month decline to come in 5.4 percent up on a year-on-year basis, with slot machine revenue up 6 percent at $601.5 million, contributing three-fourths of the $45.9 million increase. The Nevada Gaming Control Board statistics released Friday show the state’s land casinos …

Read now

Betconstruct adds World Match games to its inventory

29 May 2015

The online gambling solutions and games provider BetConstruct has added to its games inventory the full portfolio of Malta-based games developer World Match, extending the choices available to players at its client internet casinos. Founded in 2003, World Match has regularly extended its portfolio of games, which have proved popular with players in regulated European …

Read now

Caribbean cricket for Unibet

29 May 2015

Online gambling group Unibet has signed on as the official betting partner for the Limacol Caribbean Premier League T20 cricket championship. The betting company will offer special promos and an exclusive range of markets for the League matches, and will additionally become the shirt sponsor for the St Lucia Zouks franchise, which numbers among its …

Read now

NYX Gaming inks new agreements

29 May 2015

NYX Gaming Group  has inked new deals with Scientific Games extending an earlier poker distribution agreement, and adding a new distribution deal for the SG Interactive Remote Game Server portfolio of games via NYX OGS. The terms of the deal enable Scientific Games to distribute the networked NYX Poker offering in “free-to-play” mode to its …

Read now

Activist investor punts daily fantasy sports as the next big wave

29 May 2015

Jason Ader, the activist investor and founder of SpringOwl Asset Management who has done more than most to shake up the directorates of major online gambling companies like IGT and Bwin.Party (see previous reports) believes daily fantasy sports is the next big wave in gambling. Giving his views on the CNBC television show “Fast Money” …

Read now

New games from Akamon go live

29 May 2015

Tel Aviv and Barcelona-based online games developer Akamon Entertainment has completed development on three new video bingo games (see previous reports) and announced their immediate availability. The new games, which are live on Akamon’s Viva! Bingo and Slots Facebook platforms, are titled Space Guardians, Temple of Fortune and Zodiac Empire. Set in different environments – …

Read now

Online gambling opponent to run for U.S. president

29 May 2015

There are now two opponents of online gambling legalisation vying for the 2016 presidency of the United States; Republican politician George Pataki (70) has joined fellow Sheldon Adelson supporter Sen. Lindsey Graham in throwing his hat into a rather crowded presidential candidacy ring. A three-time former Republican governor of New York, Pataki is perhaps more …

Read now