Gambling news - page 795

New online sportsbetting platform for Romanian operator

11 Mar 2015

Betcafe Arena, the Romanian retail sportsbetting operator, has reached an agreement with Spanish sports betting and e-gaming software development firm Optima for the future development and support of the Romanian firm’s online and retail sportsbetting platform, using the Margin Maker 2 product. Betcafe CEO Vlad Evghenie and his counterpart at Optima, Jacob Curciel signed the …

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Metro Play and 666Bet sign up for iSoftBet content

10 Mar 2015

Metro Play and 666Bet are the latest operators to integrate a range of iSoftBet slots and table games across desktop and mobile platforms. “iSoftBet have a fantastic catalogue of content, especially in branded titles and mobile games so we are delighted to be working with them,” commented Andrew Lee, head of product at Metro Play …

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GamCrowd launch SEIS Fund

10 Mar 2015

Equity crowd funding platform GamCrowd has partnered with Innvotec Limited, an FCA authorised UK Alternative Investment Fund Manager, to launch the first Seed Enterprise Investment Scheme (SEIS) aimed at the Gambling Industry. The GamCrowd 2015 SEIS Fund is targeted at UK Tax payers who will be able to claim 50 percent of their investment back …

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New application for internet lottery action

10 Mar 2015

The Gibraltar-based online lottery platform provider Lottonetix has launched what it claims is an innovative development for the lottery business – live-streamed lottery action with live presenters, the project motivated by the success of live dealer casino action in recent years. The company has developed the concept in collaboration with online lottery B2B solutions provider …

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Atlantic City casino to retain Trump branding

10 Mar 2015

The Trump name will remain associated with an Atlantic City land casino following a deal this week between the enterprise’s main debt holder, Carl Icahn, and US businessman Donald Trump. The troubled Trump Taj Mahal casino is not owned by Trump but carries his name in a franchise agreement signed some time ago. Recently Trump …

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RAWA politician not exactly clued up on modern technology

10 Mar 2015

Recent comments by Restoration of the American Wire Act political supporter Sen. Lindsey Graham have evoked some mirth and not a little marvelling in the online gambling industry this week as an indication of his lack of real-life engagement with modern technology. Whilst sounding off about former Secretary of State Hillary Clinton’s questionable use of …

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Asian operator signs for Betsoft games

10 Mar 2015

Betsoft Gaming has announced a new content contract under which the company has agreed to supply its desktop and mobile games to the Asian-facing online gambling operator, Virtus Information Ltd. Virtus operates the m8bet,com and 998bet.com websites. “Partnering with Virtus will give us an edge in the emerging Asian market,” said Julian Camilleri, Betsoft Account …

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Plaor expands content deal with Multicommerce Game Studio

9 Mar 2015

Independent developer Multicommerce Game Studio will provide certain exclusive social casino rights for two video slot titles in CrowdGather-owned Plaor’s Mega Fame Casino & Slots following an expansion to its existing relationship. “Asian Dreams” and “Gorilla’s Realm” are expected to launch on the social casino in the second and fourth quarters of 2015 respectively.

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GameAccount to launch simulated gaming for Maryland Live! Casino

9 Mar 2015

The Cordish Company-owned Maryland Live! Casino will launch an online Simulated Gaming offer following a deal inked with GameAccount Network plc today (Monday). The new offer is expected to launch in the second quarter of this year subject to regulatory and other approvals. GameAccount’s Simulated Gaming™ has been designed specifically for land-based US casinos to …

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Evolution Gaming confirms IPO

9 Mar 2015

B2B live casino solution provider Evolution Gaming confirmed its intention to float on the Nasdaq First North Premier stock exchange today (see previous report). The offering, comprising 13,824,267 existing shares (38.4 percent of the total shares outstanding), is targeted at the Swedish general public and institutional investors in Sweden and Internationally. The “selling shareholders” consist …

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DGOJ names deputy director general of management

9 Mar 2015

Spanish gaming regulator Dirección General de Ordenación del Juego (DGOJ) has announced the appointment of José Antonio García in the role of deputy director general of management and institutional relations succeeding Laura Minguito Gil. Garcia is a Telecommunications engineer and has been in the State Administration since 2005.  He has previously served as a technical …

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New game releases from Realistic Games and 1x2gaming

9 Mar 2015

Realistic Games have launched an Egyptian-themed three-reel slot titled “Great Pyramid” across mobile and desktop platforms. “Great Pyramid” offers a top award of X200 the total stake, a note trail bonus round and nudges. Landing three gold pyramid symbols on the reels will trigger the bonus.  One and three nudges can be awarded at random …

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Tipico named FC Bayern Munich betting partner

9 Mar 2015

As bwin.party digital entertainment ends its long-running partnership with top-tier German Bundesliga football club Bayern Munich, Tipico has filled the void with a four-year deal reportedly worth around Euro 5.5 million per annum. The sponsorship deal expands Tipico’s already impressive Bundesliga sponsorship portfolio which includes Hamburger SV and Hoffenheim Football Clubs.

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VSoftCo partners Kiron Interactive for Italy

9 Mar 2015

Virtual Sports software developer VSoftCo has partnered Kiron Interactive to provide virtual games for Italian operator Intralot Italia. The collaboration will see the deployment of virtual sports on a new Virtual Gaming TV channel, with live Italian voice commentary in association with gaming content provider Vermantia. Vermantia has undertaken the design, creation, localisation and content …

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Ripples from Port Edward Island’s e-gaming venture widen

9 Mar 2015

The row over the loss of a million dollars of taxpayer monies on an abortive e-gaming venture by the provincial government of Port Edward Island in Canada continued to create consequences this weekend, with the province’s conflict of interest commissioner, Neil Robinson, stepping down following allegations that he had improperly invested in a company associated …

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UK online punter jailed after stealing two million from employer

9 Mar 2015

Recorder Martin Heslop QC of the Reading Crown Court in the UK sent 49-year-old Julian Kremer to jail for five years after hearing this week that he had abused his position of trust as head of accounting for a Berkshire estate agency to steal GBP 1,981,916, which he spent on internet gambling, luxury hotel accommodation …

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U.S. casinos fight IRS attempt to lower win reporting threshold

9 Mar 2015

US land casino companies, backed by the American Gaming Association, are lobbying against an IRS proposal to change the tax code in order to lower the threshold for gambling win reportage. The current threshold of $1,200 has been in place for the past 40 years despite inflationary trends, but the taxman wants to cut it …

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Microgaming Chief looks to the future of online gambling

8 Mar 2015

During the recent ICE expo in London, online gambling software provider Microgaming’s technology experts demonstrated some impressive applications of new technologies such as virtual and augmented reality, wearable mobile devices and how the gambling experience on mobile devices might be enhanced. The company’s chief executive, Roger Raatgever, has followed up on this interesting technical activity …

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Black ink for Dutch state gamgling monopoly at last

8 Mar 2015

The Holland Casino group, a state-owned gambling monopoly in the Netherlands, has posted its first profitable performance in seven years….good timing for the government’s privatisation drive on the asset. The publication Dutch News reports that the group posted a FY2014 profit of Euro 12 million, a massive improvement over the previous year, when it recorded …

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Online gambling promotional company acquired for $500k

7 Mar 2015

Two major online gambling information and promotional companies, both offering free games and online casino reviews, became one this week when US-based VegasSlotsOnline.com paid $500,000 to acquire Europe-facing MrGamez.com. The two companies will continue to operate separately but as close partners. VegasSlotsOnline spokesman Josh Turner said the acquisition would enable his company to expand into …

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Online gambling a missed opportunity

7 Mar 2015

With Canadian interest in online gambling high in the wake of the massive Amaya Gaming agreement to acquire the Rational Group last year, one stock broker missed the boat and admitted as much this week. In a conference call Friday following stock broker GMP Capital’s fourth quarter results, CEO Harris Fricker was asked why his …

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Latest on Amaya trading probe

7 Mar 2015

A financial adviser and friend of Amaya Group chief executive David Baazov, Toronto investor and accountant Yoel Altman, is one of the people the Quebec securities regulator Autorité des marchés financiers (AMF) is interested in, according to a Globe and Mail newspaper update on the Amaya-Rational Group acquisition deal probe Friday. Our readers will recall …

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New Greek government mulls online gambling licensing

7 Mar 2015

NEW GREEK GOVERNMENT MULLS ONLINE GAMBLING LICENSING. Pre-meeting letter to Eurogroup gives hints on Syriza coalition’s intentions. The new Greek Finance Minister, Yanis Varoufakis, has outlined key reform proposals – including an intention to licence online gambling – ahead of a crucial Eurogroup meeting scheduled for Monday to decide whether the country is meeting the …

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Iforium signs up 1×2 for Gameflex content

7 Mar 2015

In its second deal in a week (see previous reports) Iforium has signed up for content for its Gameflex platform from games developer 1×2 Gaming. The developer will make its full inventory of casino games and virtual sports betting titles available, accessible via both desktop and mobile channels. “By partnering with such reputable companies as …

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