Gambling news - page 805

Online sports betting continues to deliver the goods for French operators

30 Jan 2015

French regulator ARJEL’s fourth quarter 2014  report illustrates once again how important sports betting is to French operators, with fourth quarter growth in stakes at 22 percent to Euro 322 million, resulting in a full year rise in wagers of 31 percent to Euro 1.1 billion. However, the French market continued to labour when the …

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Multi-Channel launch for new IGT slot

30 Jan 2015

International Game Technology’s popular land-based slot Prowling Panther has been formatted for online and mobile use and launched simultaneously on both channels in the UK this week. The jungle and wild animal themed game, which was also made available to UK land casinos this week, is a 720 payline Multiway Xtra slot that combines the …

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Cherry halts investment in sports lottery

30 Jan 2015

The Swedish online gambling group Cherry has decided to phase out its involvement in the Swedish sports lottery Klubblo, citing changing conditions for conducting the business. In a statement Friday, Cherry explained that the Swedish gaming regulator, Lotteriinspektionen, has changed the application of the regulatory framework, which has made it impossible for Klubblo to cooperate …

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Fantasy sports firm discovers the perils of bonusing

30 Jan 2015

You can generally gauge the success and progress of a company by the amount of interest shown in it by the tax authorities, politicians and lawyers…and that seems to be the case with daily fantasy sports market leader FanDuel. The company is currently the subject of a Miami class action by players that centres on …

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Online casino disputes keep mediator busy in 2014

30 Jan 2015

Max Drayman, the dispute resolutions manager for the Casinomeister online gambling information site, has published his 2014 report, noting that whilst there was a 20 percent reduction in player complaints, the amount of money involved was higher…and that the incidence of casino operators using the ethereal “not in the spirit of the bonus” excuse for …

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GECO Gaming in RGS platform deal

30 Jan 2015

HTML5 games developer, CORE Gaming, has inked a partnership agreement with GECO Gaming that will give CORE a proprietary RGS (remote gaming server) platform for distribution to the global gambling community, and make available over 100 HTML5 games to a wider audience via GECO’s gaming server. The first titles to be released in Q1 will …

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Change at the top for digital sports firm

29 Jan 2015

Oliver Slipper, co-CEO and founder of the Perform digital sports media company in Britain, has announced that he is to step down and pursue other business interests, although he will remain on the board of directors. Slipper and the company’s other chief executive, Simon Denyer, took office when Perform was born out of the merger …

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Ontario finance minister joins sports betting row

29 Jan 2015

Ontario Finance Minister Charles Sousa has entered the fractious debate on Canadian sports betting, urging the Canadian Senate to legalise single-event sports betting….a concept overwhelmingly supported by the lower House and the gambling industry (see previous reports). Two years ago the lower house of the Canadian parliament voted strongly for private member’s bill C-290, which …

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Thai police arrest 13 for online gambling

29 Jan 2015

A large force of police and immigration officials raided three premises where online gambling activity has been reported on Thursday, arresting 13 Korean nationals suspected of operating the illegal business. Police spokesmen said that they believed the Koreans were part of an international organised cybercrime gang. 25 computer sets, along with documentary evidence and computer …

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Cherry group enters affiliate sector

29 Jan 2015

The Swedish online gambling group Cherry has entered the affiliate sector of the industry after acquiring a 51 percent stake in affiliate management business Game Lounge Limited. The deal is expected to widen white label provision opportunities for Cherry using the affiliate firm, with Svea Casino.com an early possibility. A Cherry spokesman said that Cherry …

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Kiron and Sportech sign racetrack partnership

29 Jan 2015

Online gambling games developer Kiron Interactive has signed an agreement with pool and tote betting technology provider Sportech Racing and Digital, a division of Sportech plc, to supply virtual racing to racetracks in Latin America. The three-year deal will see Kiron’s virtual racing products incorporated into the Sportech Racing and Digital Quantum System wagering platform …

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Strong digital growth in latest Rank plc half-year

29 Jan 2015

The digital vertical again performed strongly in the half-yearly report of UK land and online gambling major Rank Group plc, achieving revenue growth of 16 percent and operating profits up 75 percent year-on-year. Rank posted its six month results for the period ended December 31, noting the following high points: * H1 operating profit up …

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Colossus Bets and ONEworks in distribution deal

29 Jan 2015

UK-based Colossus Bets, which claims to offer the world’s biggest football and sports jackpots, has signed an agreement with ONEworks for the distribution of Colossus Bets’ pools betting products. The agreement will see ONEworks integrating Colossus Bets pools into its platform and making those pools available to ONEworks licensees. Bernard Marantelli, founder and CEO of …

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Vermantia launches Italian games

29 Jan 2015

Online gambling games distributor Vermantia has launched content with a further Italian operator, Isibet.it, which will distribute Vermantia’s virtual games to online partner websites, and new websites planned for February. A company statement reports that the initial portfolio includes football, greyhound and horse racing, with cycling and motor racing planned soon. Fabio Massimo Molinari, Vermantia’s …

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Adelson ally queries prospective A.G. on internet gambling

29 Jan 2015

Sen. Lindsey Graham, a key political ally of land casino baron Sheldon Adelson in his attempts to ban online gambling in the United States, appeared to show his bias on the issue during confirmation hearings in the Senate Judiciary Committee this week for proposed US Attorney General Loretta Lynch. Graham, who is the sponsor for …

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Feds in anti-online gambling action across several states

29 Jan 2015

A joint federal task force comprising the FBI, Drug Enforcement Administration and the Department of Homeland Security has been active in Oregon and several other states in pursuit of illegal online gambling and possible drug offences. Eight persons of Asian descent have so far been arrested on charges of illegal online gambling, money laundering and …

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Minnesota lawmakers remain at loggerheads with lottery chief

29 Jan 2015

Lawmakers in Minnesota have renewed their attempts to stop state lottery director Ed Van Petten’s so far successful online product offerings, which they claim should have been referred to them for approval before launch (see previous  reports). Van Petten, backed by governor Mark Dayton, says he has acted within his mandate.  Last year a similar …

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Philippintes bust online sports betting ring

29 Jan 2015

The immigration authorities in the Philippines are working on deportation orders for some 73 foreign nationals hailing from China, Taiwan, Indonesia, Malaysia, America, Australia, Singapore, and South Korea following an online gambling ring bust by the police in Makati. The raid followed a tip-off from an anonymous member of the public. Immigration officials told local …

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Five Playtech-powered operators to exit German market?

29 Jan 2015

Five Playtech-powered casinos are reportedly readying their exit from the German market amid uncertain regulatory conditions. Casino.com, LesAcasino.com, SlotsHeaven.com, Club 777.com and MansionCasino.com will reportedly close registrations from new Germany-based players as of February 1, 2015. In a renewed clamp down on illegal operators, a Munich court recently fined a player Euro 2100 for playing …

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Adelson in Washington visit for political briefings

29 Jan 2015

One of the Republican Party’s biggest cash donors, land casino mogul Sheldon Adelson, was in Washington DC earlier this month for briefings by the politicians, illustrating once again how influential big money is in US politics. The publication Town Hall reports that the private briefing was with Republican members of the House Judiciary Committee and …

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Fantasy sports company signs NFL franchise

29 Jan 2015

DraftKings, Inc., reportedly the second largest daily fantasy sports company in the United States, has announced a partnership with NFL franchise the Pittsburgh Steelers. DraftKings will provide fantasy sports competitions and opportunities for fans to engage with the team, including tickets to games, VIP events and experiences as a result of the deal. Additionally, DraftKings …

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Online sports betting firm signs major racing sponsorships

29 Jan 2015

Champion Chase sponsor Betway has inked a series of major British racing partnerships as the online sportsbook and gaming company continues its investment in the sport. Starting with the traditional Flat season curtain-raiser, the Lincoln Handicap at Doncaster on 28th March, Betway is also lending its name to the Chester Cup at the course’s popular …

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Rival Gaming new release

29 Jan 2015

Rival Gaming’s latest video slot title “Whale O’ Winnings” is a 50-line, 5-reel video slot set under the sea. Players have the opportunity to win sunken cash and treasure as they flip the reels featuring icons that include urchins, sand dollars, clams, life preservers, Whale O’Winnings, the Sea Lion and Dolphin. The main character Whale …

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PWC study outlines GGR pros for Portugal’s online sportsbetting tax proposal

29 Jan 2015

A PriceWaterhouseCoopers (PWC) study commissioned by the Remote Gambling Association (RGA) was presented to Portugal’s Commission for Economy and Public Works, estimating Euro 20 million additional revenue on a gross gaming revenue (GGR) tax regime for online sporting bets until 2018 as opposed to the current proposal of a tax regime based on betting turnover …

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