Dutch media are reporting the imminent sale of Mieke Michiels’ Belgian-licensed Napoleon Gaming land and online gambling group to Waterland, a Dutch private equity company, for an unknown consideration. Napoleon brands include the land Casino Knokke, through which the company obtained an internet gambling licence in the hard-nosed Belgian online gambling market. Michiels’ online interests …
Asian poker ace Paul Phua and his son Darren, currently on bail in Las Vegas awaiting court decisions on the legality of FBI actions during an illegal sports betting bust in the gambling mecca (see previous reports) has asked for a court ban on his personal playing to be lifted. The Associated Press news agency …
Most online gambling softwares offer players the option to switch on an autoplay function to play video poker or spin the reels quickly and without the involvement of the player, and these are widely used. But what if it can be proved that the autoplay or auto hold function does not always deliver the optimum …
Reports from Germany flag the first known prosecution of a German online player for taking part in unlawful online gambling, although details are still awaited on the defendant and the internet venue where he allegedly played. The case was heard in Munich last September and involved a painter in his ‘twenties who was convicted for …
The UK’s Advertising Standards Authority has ruled in favour of public complainants that Unibet football “risk free bet” advertisements are misleading and should be changed. The advertisements concerned bets on a Sunderland vs. Manchester United Premier League game in August last year. The Authority agreed that Facebook adverts for a supposedly “risk free bet” were …
The media in Denmark reports that political agreement has been reached on changes to gambling administration policy which will see online gambling operators regulated by the Danish Gambling Authority submitting monthly rather than weekly tax returns. This will save on administration time and costs, according to the regulator, which will collate tax returns submitted by …
More computers seized by Malaysian police have been destroyed to prevent their reappearance in the online gambling market. This time it was the police in the Penang district who crushed the 786 machines under a bulldozer, supervised by local police officers. The machines had been confiscated in police raids on illegal online gambling dens between …
In what is probably the last in a series of convictions arising from the multi-state Allied Veterans of America online gambling bust (see previous reports), the former president of the Florida branch of the Fraternal Order of Police entered a guilty plea for running an illegal lottery (felony), illegally structuring financial transactions (felony) and illegal …
The recent and intriguing departure from the Spanish market of Pokerstars’ new online casino offering (see previous reports) has been followed by a statement from the company reassuring Spanish punters that it would soon return. In an email to players Pokerstars confirmed it had found it necessary to withdraw temporarily to attend to “a minor …
Ladbrokes has been named title sponsor of the UK Rugby Football League’s (RFL) Challenge Cup. The three-year deal, believed to be worth GBP 1 million a season, will see the betting firm take over as title sponsor of the historic competition from Tetley’s Ale. Through the sponsorship Ladbrokes will capitalise on the competition’s fan base …
Kerwin Sande, the Denver online sports betting operator who pleaded guilty before a U.S. Federal Court has been sentenced to 15 months in jail by Federal Judge Raymond Moore. Sande catered to an elite group of punters many of which were members of upmarket Golf Clubs in the Denver area. Costa Rica website Play-Fast-Sports.com was …
Jinan City Police in east China have detained 39 people and frozen numerous accounts following an eight month investigation into a cross-border online gambling ring. Authorities said 60 billion yuan is in question following a tip off from China’s central bank in March 2014 (see previous reports). The bank reported large transactions it deemed abnormal, …
Sandra Barton has been appointed to lead EveryMatrix’ Payment Product Development Department. Barton joins the company from a position as head of payments risks and compliance at BetVictor. Prior to which, she spent three and a half years at Betfair as head of risk investigations. Ebbe Groes, chief executive officer for EveryMatrix said: “We are …
Bitstamp, a European Bitcoin exchange, has temporarily suspended services saying one of its operational wallets was compromised this past weekend resulting in a loss of around 19 000 BTC (worth around US$5.3 million). The company’s online advisory requests customers not make any further deposits to issued bitcoin deposit addresses as the investigation into the incident, …
Atlantic City Bankruptcy judge Gloria Burns ruled Monday that the sale of Revel Casino Hotel to Florida real-estate developer Glenn Straub should go forward at his original bid of $95.4 million, despite his claim that his bid should be reduced to $87 million (see previous reports). The unusual situation arose after Straub objected to his …
The Paul Phua case gets more intriguing by the day as prosecutors and defence lawyers engage in technical duelling about the conduct of the FBI in the original sting operation, and more recently a letter from a Malaysian minister certifying that Phua is not (as had been claimed by the FBI) associated with organised crime …
https://www.youtube.com/watch?v=5I65DZ8uyDs bwin.party digital entertainment’s Foxy Bingo has undergone a revamp with the launch of a more contemporary website backed by an extensive marketing campaign. The upgrade to the Foxy Bingo website includes a selection of 60 new games along with an upgraded user interface, the company said. A series of TV adverts, developed by creative …
Net Entertainment has kicked off the new year with a bang, publishing a preview of Steam Tower, a 5 reel, 15 pay-line video slot with a steam-punk theme that will be released on February 23rd. The Victorian steam age sets the backdrop against which players are taken on a journey that involves climbing a steam …
Paul “Wei Seng” Phua, a high profile poker player and the major defendant in a prosecution for illegal sportsbetting from a Las Vegas casino resort villa during the FIFA World Cup football last year (see previous reports) is not associated with the Chinese criminal triads, a Malaysian minister has certified. The acknowledgement will help dilute …
2014 was a bad year for Macau casino stocks thanks to the Chinese government crackdown on corruption, which scared away many high rollers and triggered declining revenues in the final seven months of the year. That resulted in falling casino company share prices, with the six main stocks plummeting 40 percent in market capitalisation to …
The latest online gambling site to become the victim of a cyber attack, New Zealand’s TAB, told media reporters that it was targeted over the festive season in an “unprecedented and concentrated cyber attack” which prevented punters from placing bets. Acting CEO at the New Zealand Racing Board, Glenn Patrick told reporters: “It started on …
Senior Democratic Party politician Senator Harry Reid (75) suffered broken ribs and facial bones when an exercise machine collapsed at his home in Nevada, reports Associated Press. Reid’s office issued a statement confirming that the senator was kept in hospital overnight following the injury, and that the accident happened when an elastic exercise band broke, …
Earlier this week Bwin.Party Digital Entertainment revealed that it is in talks with unspecified suitors regarding the possible sale of its social gaming subsidiary Win, and it appears from a Wall Street Journal report that the company concerned is Maytal Olsha’s new company, Rising Tide Games. Olsha is a dynamic industry exec who has held …
Daily fantasy sports betting remains the hot topic in the United States at present, with the major newspaper USA Today carrying a large article on the phenomenon over the weekend. The article highlighted the interest of major sports leagues in the USA – traditionally strongly opposed to any form of gambling – in daily fantasy …