Gambling news - page 810

Zitro signs Brazilian operator in content deal

23 Jan 2015

Online gambling software developer Zitro has provided Brazilian online gambling operator BetMotion with new online bingo games, the company reported in a statement Thursday. The package includes ZitroPower Mania Bonus, Spin Bingo, Lucky Hero and Fishmania. BetMotion CEO Peter Nolte said that bingo was a popular game with Latin American players and the new additions …

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Kahnawake regulators posts player dispute statistics

23 Jan 2015

The Kahnawake Gaming Commission’s dispute resolutions office has published its report for the full year 2014, noting that 246 complaints were lodged, and 18 outstanding cases from the previous year made up a total of 264 disputes with KGC licensees. Of this total, 57 did not satisfy the Commission’s criteria and were not accepted as …

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Thousands of online gambling computers destroyed

23 Jan 2015

In the first tranche of destruction this year, Malaysian police in Ampang Jaya have crushed 2,057 computer sets seized from convicted illegal online gambling operators. Police spokesman Assistant Commissioner Khairuldin Saat told local reporters that the computers were connected to 158 cases, revealing: “In 2012, we conducted 794 raids and arrested 218 people involved in …

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Asian online betting exchanges could be challenged by horse racing industry

23 Jan 2015

Peer to peer online betting exchanges licensed in Cagayan and based in the special economic zone are creating headaches for the traditionally competition-averse horse race betting business and could face growing challenges, reports the publication AGTech Brief. The traditional industry views interlopers like Citibet and AAStar as a competitive element that dilutes their turnover, and …

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Another stellar performance from 32Red online gambling group

22 Jan 2015

Online gambling group 32Red has issued a trading update, showcasing double digit growth for the fifth consecutive year. Group CEO Ed Ware reported a 25 percent increase in net gaming revenue, with the Italian business doing especially well. Highlights of the report include: * Online casino up 27 percent year-on-year to GBP 29.3 million (FY …

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Ontario online gaming chief quits for Amaya Gaming

22 Jan 2015

George Sweny, formerly the head of interactive business and charitable gaming affairs at the Ontario Lottery and Gaming Corporation has been appointed by Montreal-based online gambling group Amaya Gaming as Vice President of Strategic Ventures. Sweny joined the Ontario Lottery Corporation in 1975 and held several top management posts. During a stellar career he was …

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New M.D. at BGO online gambling group

22 Jan 2015

Richard Skelhorn, the CEO and join founder of Alderney-based online gambling group BGO Entertainment, has appointed the company’s chief finance officer, Hannah Westley (38), as group managing director, based in Malta. Westley joined BGO in 2009 as chief financial officer, having previously worked with Skelhorn at the Norwich-based MPCS Group, which she joined as group …

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Sweden’s Quickspin focused on growth

22 Jan 2015

Starting just three years ago with three partners, Sweden’s Quickspin online gambling games developer has enjoyed fast growth and now has 35 employees and an annual turnover of SEK 30 million. The company and its CEO, Daniel Lindberg, was featured in this month’s European Gaming and Betting Association newsletter, which applauded Quickspin’s combination of creativity …

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Betradar to service online gambling software developer

22 Jan 2015

Online game supplier iSoftBet has inked a content agreement with sports betting supplier Betradar, making it possible for iSoftBet to offer Betradar’s fixed odds virtual sportbetting solution to its customers. Betradar has been in business for the past 14 years, providing all necessary services to run an online bookmaking operation, such as fixtures, results, odds …

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Stanleybet loses E.U. lawsuit

22 Jan 2015

The legal team representing Stanley International Betting Ltd. lost a European Union lawsuit Thursday when the European Court of Justice ruled against the company in a dispute over the duration of Italian gambling licenses. Business news publication Bloomberg reports that the court found that betting licenses offered by AAMS in 2012 that lasted for just …

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Paddy Power launches its first NYX games

22 Jan 2015

NextGen Gaming, the Australia-based games development studio of NYX Gaming Group, has announced the debut of its online and mobile slot games on Paddy Power.com, with the dual mobile and desktop launch of Merlin’s Millions Superbet. Merlin’s Millions Superbet offers players 3D visuals and animation with the likeable Merlin, the first of what has grown …

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Manchester United signs with KamaGames

22 Jan 2015

KamaGames, a social games developer, has inked a partnership deal with England’s Premier League football club Manchester United. The agreement permits Kama use ManU imagery and branding in a planned series of new games which will be made available to the football club’s hundreds of millions of fans around the world. Commenting on the partnership …

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Playtech on target

22 Jan 2015

Online gambling software developer and turnkey provider Playtech plc has issued a brief post-close trading update confirming that since the interim management statement released on 22 October 2014, the company has continued to perform strongly. “It is the Board’s expectation that both total revenues and adjusted EBITDA for the full year will be comfortably in …

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Daily fantasy sports firms report results

22 Jan 2015

Fuelling optimism on the business potential around the daily fantasy sports sector, two of the leading operators in the field have reported impressive 2014 results this week. Market leader FanDuel.com posted revenues of just over $37 million for Q4-2014 – a significant improvement over the $7.4 million the company reported for the same period in …

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Wayne Casino takes EveryMatrix on board

22 Jan 2015

Wayne Casino , a Wild West-themed online, mobile and live dealer casino licensed in Malta, has taken aboard a comprehensive package of gambling content supplied by EveryMatrix group companies. Over 100 games are included in the package, divided into three categories. The agreement includes the provision of a full casino management, marketing and payment processing …

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Bitcoin marketplace partners with online gambling software supplier

22 Jan 2015

Catering to rising online gambling industry interest (but falling prices in the Bitcoin virtual currency) the SoftSwiss online gambling software provider and the Europe-based Cubit Bitcoin marketplace have partnered for an ICE show demonstration. Cubit CEO Tim Rehder said in a statement this week that his company will share its insight and experiences on the …

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Nothing slow about this online gambling platform

22 Jan 2015

Among the many new online gambling products set to launch at ICE early next month will be SBTech’s new Chameleon360 online betting and gaming turnkey platform, the company announced in a statement this week. The platform combines SBTech’s sportsbook with a portfolio of products from quality game suppliers such as Net Entertainment and Microgaming, and …

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Corruption clampdown not the main reason for Macau’s decline

22 Jan 2015

The popular analyst view that Macau’s plunging gambling revenues are mainly a consequence of a clampdown on corruption by the mainland government, allied to slowing economic growth, has been disputed by the director of the government liaison office in Macau, Li Gang. The senior official pointed out to local media this week that very few …

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Contagious in definitve agreement for acquisition of Chelbis

22 Jan 2015

Further to an agreement signed mid-December 2014 (see previous  report), Contagious Gaming has executed a share purchase agreement for the acquisition of Chelbis Company Limited. Chelbis owns and operates established bingo destinations House of Bingo, Gone Bingo and Harrys Bingo along with bingo networks Best Bingo Network, Super Bingo Network and Fun Bingo Network.  The …

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NCLGS adopts Policy Framework for internet gambling

22 Jan 2015

The U.S. National Council of Legislators from Gaming States  (NCLGS) announced the adoption of the U.S. Policy Framework for the Regulation of Internet Gambling, a policy that has been a year in the making. “The Framework is a unique way to address the challenges and opportunities that come with regulating Internet gambling and offers a …

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New NetEnt slot ready to launch

22 Jan 2015

Swedish online gambling software developer Net Entertainment has released details on a new slot titled Tornado: Farm Escape which will be launched this week. The amusing bucolic theme is centred on farm animals and a monumental tornado, which underpin a 5-reels, 3-row and 20 paylines slot with plenty of interactivity and features.

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2014 was a bad year for land gambling companies

22 Jan 2015

According to a report from Global Betting and Gaming Consultants, which monitors the gambling market, major industry companies around the world suffered more than $100 billion wiped off their stock market valuations between January 2014 and January 2015. The consultant monitors market movements to produce its GBGC 50, which index tracks the performance of the …

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Administrators appointed for failed spread betting firm

22 Jan 2015

KPMG, appointed as administrators for failed UK spread betting firm Alpari, have indicated that there is plenty of market interest in the enterprise and that several offers have been made for either the whole company or parts of it. Alpari shut down last week, crippled by the Swiss Central Bank’s decision to uncap the Swiss …

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Sky and Openwager partner in new social gaming venture

22 Jan 2015

Operating under an Alderney online gambling licence the UK’s Sky Betting and Gaming has launched its first social casino app, titled Sky Hollywood Slots, which has been developed in partnership software provider OpenWager. The app is available in both Android and iOS formats and debuts several original slot games such as Amazonia, Kitty Mansion, Hollywood …

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