UK online gambling group Betfair has announced the opening of its largest technical centre in Cluj, Romania, a technical establishment that is staffed by 330 employees. The group’s chief technical officer, Paul Cutter, travelled to Romania for the official opening and said that the new operation is central to the group strategy to concentrate on …
Online sportsbook, casino and poker operator Betway has signed an agreement with World Snooker to become title sponsor of the newly-named 2015 Betway UK Championship. Taking place at the historic Barbican in York from November 24 to December 6, the 2015 Betway UK Championship represents the online bookmaker’s latest foray into snooker sponsorship. The firm …
Michael Gordon’s interim replacement as head of the British Columbia Lottery Corporation, Jim Lightbody, has been confirmed as permanent chief executive by the board of the Canadian provincial Crown Corporation. Lightbody took over the BCLC hot seat in January 2014 after Graydon resigned to join PV Hospitality (see previous report). With a 14 year management …
The French online sports betting company France-Pari has halted its loss-making record to post EBITDA of Euro 500,000 and net profit of Euro 300,000 for 2014, reversing last year’s full year loss of Euro 200,000. Management reported online betting revenues at the France-Pari.fr were up 46 percent at Euro17.9 million, supported by the group’s business-to-business …
The Fantasy Springs land casino resort in California has signed up with Scientific Games online gambling subsidiary Williams Interactive for free-to-play online and mobile gaming content on the Play4Fun Network. Operational implementation is scheduled for the middle of this year, and the games available will include a variety of social casino favourites. Paul Ryan, general …
Following a deal reached in November last year, online e-cash processor Skrill (formerly Moneybookers) has finalised the acquisition of virtual cash voucher provider Ukash. In something of a corporate merry-go-round Skrill is itself about to be acquired by Neteller parent group Optimal Payments (see previous reports). Ukash CEO David Hunter is to step down after …
Event Horizon is the title of the latest online slot from internet gambling software provider BetSoft, and joins the company’s 3D range of games this week. BetSoft describes the game as a five reel, any way pays video slot incorporating the new Sync Reels feature to enhance winning opportunities. With each spin there is a …
Playtech plc, a primarily online gambling software provider, announced Thursday that it is to further its diversification strategy with the acquisition of a 91.1 percent stake in TradeFX, an online CFDs and binary options broker and trading platform provider. A stock exchange statement by Playtech said the move represents a strategic entry into a new …
Net Entertainment, the Swedish online gambling software provider, has released its results for the fourth quarter and full year of 2014, boasting record levels of revenues, operating profit, cash flow and proposed transfers to shareholders. Highlights of the report include: Fourth quarter: * Revenues increased by 33.8 percent to SEK 241.1 (180.1) million; * Operating …
The online gambling group Mybet has posted its 2014 FY report, noting that a strong performance from the sports betting division was an important contributor to a successful year. Key metrics highlighted by the company included: * Revenue up 5.1 percent at Euro 70.4 million; * Sports betting revenues climbed to Euro 40.3 million (2013 …
BetVictor management is clearly happy with the live dealer services of Malta-based supplier MediaLive; this week it renewed its three year contract with the company. The head of BetVictor online gaming operations, Andrew Dymock, said that the MediaLive product had proved popular with his company’s internet punters, prompting BetVictor to renew its contract for both …
Oren Shwartz, a fifteen year industry veteran and head of online operations for William Hill Online, has left the company to join gaming services provider EveryMatrix as VP for product development. EveryMatrix CEO Ebbe Groes said this week that Shwartz’s extensive experience in leading complicated projects with cutting edge technologies will help propel EveryMatrix forward.
Genesis Gaming has released its latest online video slot, titled Reindeer Wild Wins, a 5 reel, 1,024 Ways-to-Win with a Nordic theme that takes players on a hunting adventure. Scott Sims, Genesis head of global design, said Wednesday that the game is available in 22 language variations and demonstrates the fresh approach to development that …
DraftKings CEO Jason Robins will deliver the keynote address at the third annual Indian Country Online Congress on June 11, 2015, at Pala Casino Spa Resort, the organiser, Spectrum Consultants, has announced.. An avid sports fan, Robins started the company in 2011 with hopes of creating a forum that allowed the public more options when …
The National Tax and Customs Authority in Hungary has issued directives against 82 allegedly illegal online gambling operators, requiring the Hungarian media authority NMHH to ISP-block their websites; however thus far only 17 sites have been blocked, the daily newspaper Világgazdaság reports. In response to a query by Hungarian news agency MTI, the National Tax …
Police in the coastal Chinese province of Guangdong have announced the successful conclusion of a major anti-online gambling operation in which 1,071 people were detained, 40 servers and computers were seized, and bank cards and deposit books taken into custody as evidence. The China Daily newspaper reports that most of the suspects detained are bankers, …
Three major software and operational companies in the online gambling industry, Core Gaming, Net Entertainment and Betsson, have achieved licensing from the UK Gambling Commission, allowing them to supply operators in the UK market with their products. The independent British HTML5 games developer, Core Gaming is a well-established company that has supplied games to all …
Gambling revenue in Macau plunged another 39 percent in March, the tenth consecutive monthly fall, as Chinese mainland high rollers remained cautious due to the crackdown on extravagance and corruption by the Chinese central government. The March revenue decline is the second worst on record for Macau, the Reuters news agency reported, noting that revenue …
Online gambling entrepreneur Teddy Sagi has big plans for his newest venture, online payment service provider SafeCharge, which has announced that it plans to make an acquisition of $100 million or more this year to expand its client base, and if necessary will raise money to do so. CEO David Avgi told the Reuters news …
In case you hadn’t remembered, today is April Fool’s Day and a good time to look at articles with cynical and cautious eyes. One of the better pranks which had affiliate marketers concerned early in the day was what appeared to be a news item posted on some forums, reporting that the US Department of …
The latest Morgan Stanley assessment of the US online gambling market created a few shivers Tuesday, slashing the analyst’s estimate of the potential U.S. Internet gambling market by nearly half to $2.7 billion by 2020. The firm attributed its more cautious estimates to slow developments and legislative uncertainty. The firm’s original estimate was $5 billion …
Endorphina, the Prague-based online gambling software provider, has announced a content deal that will see it supplying games to Asian slot game supplier XIN Gaming. The Czech company is to integrate its remote game server into XIN Gaming’s platform, providing its full portfolio of 30 casino slot games, spokesman Ruslan Lyulko said this week. “With …
The latest numbers from the Nevada regulator show that at $916 million gaming revenues were back in negative territory in February, declining 1 percent compared to the same period last year, and down nearly 4 percent from the preceding month figure. Las Vegas Strip revenues were down 4.4 percent at $531 million due to a …
GSN Games has further boosted its social gaming offering with the acquisition for an undisclosed consideration of social casino firm Idle Gaming. The agreement includes additional mobile technology and experienced members of staff at Idle. Our readers will recall that GSN bought bingo social gaming company Bash Gaming last year. GSN chief operating officer Steve …