Gambling news - page 813

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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Staunton the new top Unibet man Downunder

22 Jan 2015

Unibet has appointed online gambling industry veteran Peter Staunton to take over as General Manager of its Australian operations from Patrik Andersson. A respected marketer, Staunton’s career has included management posts with TAB Ltd (2000 – 2003); Tabcorp between 2003 – 2007; Centrebet International Ltd (2007 – 2011); Sportingbet Group Australia between 2011 and 2013; …

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Culture department responds to Alexander complaint

22 Jan 2015

Liberal Democrat politician Danny Alexander’s complaint about invasive gambling advertising and a slow review of the issue earlier today (see previous  report) has met with a quick response from the British government’s Department of Culture Media and Sport (DCMS). A DCMS statement advises:”The Government is completely committed to ensuring that player protection is at the …

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Good things coming from IGT

22 Jan 2015

International Game Technology has given online punters a taste of new online slots destined for launch at the ICE show early next (February) month. The company’s interactive division will showcase MegaJackpots Siberian Storm and MegaJackpots Cleopatra, while games making their interactive world-debut include Sherlock Holmes, Wheel of Fortune, and Family Guy. Land-based sensation Prowling-Panther will …

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Corporate shuffle at Inspired Gaming Group

21 Jan 2015

Virtual sports and SBG video lottery provider Inspired Gaming Group has undergone a corporate restructure announcing numerous changes in its senior structure as follows: Dave Hammond , formerly gaming operations director for the UK, named SVP of Mobile. Lee Gregory, Managing Director of the UK, will take on the responsibility for the whole integrated UK …

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Interblock appoint global CEO

21 Jan 2015

John Connelly was named Global chief executive officer for Interblock where he will be tasked with providing the necessary leadership to increase the company’s market position, revenue and profitability. Connelly formerly served at Bally for many years, his most recent position as vice president M&A and Business Development. “Our search for Global Chief Executive Officer …

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Beachfront pad for Aussie gambling exec

21 Jan 2015

Rumours last October that William Hill Australia CEO Tom Waterhouse had bought a sumptuous beach pad in a top Sydney suburb for A$13 million have been confirmed, according to the Property Observer, which claims that Waterhouse paid A$2 million over the asking price after the house had been on the market for just two weeks. …

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More delays in Atlantic City casino bankruptcy case

21 Jan 2015

Carl Icahn’s offer to save two Trump Entertainment Resorts land casinos in Atlantic City from bankruptcy has suffered yet another delay whilst an unsecured creditors’ committee is given an opportunity to study documents relating to his proposal. The committee complained that it had been denied documents concerning Icahn’s efforts to boost his Atlantic City casino …

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Searching questions on U.S. enforcement tactics

21 Jan 2015

Questions around the tactics deployed by federal enforcement agencies in their actions against alleged criminals again surfaced this week with the news that, without admitting wrongdoing, the US Justice Department has agreed a $134,000 settlement with New York plaintiff Sondra Arquiett. Reporting on the settlement, the Associated Press news agency revealed that Arquiett was arrested …

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