Gambling news - page 818

Czech finance minister and a bad gambling tax idea

17 Dec 2014

Czech citizens may be avid gamblers, but operators are unlikely to flock to a country that hammers them with a 30 to 40 percent tax on gross win in addition to a 19 percent corporate tax rate. That’s the rather greedy ambition of the Czech Republic’s relatively new Finance Minister, Andrej Babis who wants to …

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Harmony in online gambling money laundering directive

17 Dec 2014

The European Gaming and Betting Association, a European trade association for online gambling companies, has expressed its approval at the news that the entire gambling sector is now included in the scope of the fourth European Union anti-money laundering directive. In a deal reached by the negotiating teams of the European Parliament and the Member …

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New gaming title from SkillOnNet

17 Dec 2014

“Wild Crystal Arrows” is a newest title from software supplier SkillOnNet released across mobile and desktop platforms this week. The game is a five-reel, 15-payline offer featuring a moving Wild symbol, 10 free spins triggered by landing three or more arrows and, if the arrows collide on the reels – a multiplier of up to …

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Betsson to join Nasdaq Stockholm Large Cap list

17 Dec 2014

50-year-old gaming firm Betsson has gained entry to the Nasdaq Stockholm Large Cap segment., the first internet-only gaming firm to have achieve the listing. The company qualifies for the upgrade from January 1, 2015, as its market capitalisation has remained above Euro 1 Billion for the past two years. Magnus Silfverberg, chief executive officer and …

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Churchill Downs completes Big Fish Games acquisition

17 Dec 2014

Churchill Downs Incorporated’s (CDI) acquisition of social game developer Big Fish Games has been completed for a consideration of $485 million and a potential further earn-out payment of up to $350 million based on the developer achieving EBITDA growth in 2015. The acquisition will expedite CDI’s expansion into the mobile and online games industry providing  …

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Leander Games tops year with Gaming Realms deal

17 Dec 2014

Platform provider Leander Games’ latest content supply deal will see it integrate both proprietary and third party developer game titles on Spin Genie, an online gaming site operated by Bear Group Limited. The deal is an extension to an existing partnership with Bear Group Limited’s parent company Gaming Realms to whom Leander provides social games …

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Nektan-Spin games JV resport progress

17 Dec 2014

The joint venture launched between mobile gaming platform provider Nektan and game developer Spin Games LLC last month has made further progress with its first co-branded “Xtraspin” product going live in an unnamed California casino. Nekton said another eight operators in the Nevada and California markets have either signed contracts or a letter of intent …

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Draglings from Yggdrasil

17 Dec 2014

https://www.youtube.com/watch?v=Gb3SmLvPqRI A new dragon-themed five-reel slot titled “Draglings” is the latest addition to Yggdrasil Gaming’s fast growing slot portfolio. The mythical game offers 20 + 20 paylines oriented from the left and right, spread over a diamond shaped window with 3, 4, or 5 symbols per reel. Other features include Free Spins, Wild Symbols, Expanding …

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DDoS attacks continue

17 Dec 2014

The Equity Poker network has joined the Merge and Winning Poker networks in reporting recent Distributed Denial of Service attacks, revealing that it has endured short but disruptive assaults over the past six weeks. A statement from the network Tuesday revealed that: “DDOS attacks at EPN have occurred intermittently across the past six weeks, causing …

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Tabcorp to seek leave to appeal in Victoria dispute

17 Dec 2014

Australian land and online gambling giant Tabcorp Holdings has announced that it intends to request special leave to appeal to the High Court of Australia in respect of a judgment of the Court of Appeal of the Supreme Court of Victoria handed down on 4 December 2014 (see previous  reports). The judgment relates to Tabcorp’s …

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Czechs link drug addiction to gambling

17 Dec 2014

Similarities in addictive behaviour involving drugs and gambling have prompted Czech Republic problem gambling specialists to link the two in a new experiment set to run through March 2019, at which point its impact will be evaluated.. National anti-drug coordinator Jindřich Vobořil told local media this week that the national strategy will now include provision …

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New GBP 2 million prize from Colossus Bets

16 Dec 2014

Colossus Bets has doubled the minimum guaranteed prize on its HDA 15 football jackpot to GBP 2 Million, the operator said in a press statement today. The next £2,000,000 HDA15 will be offered on Saturday with new selection fixtures as well through B2B partner sites such as Betfair and BoyleSports.

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Kiron Interactive expands Asian solution

16 Dec 2014

Virtual games supplier Kiron Interactive has entered into a content supply agreement for its new Keno game with IPG International’s Naga World Hotel and Casino situated in Phnom Penh, Cambodia. The deal forms an extension to an existing agreement inked earlier this year with IPG International for the provision of a customised version of Kiron’s …

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Fortuna appoint CFO

16 Dec 2014

European land and online operator Fortuna Entertainment Group (FEG) has appointed Jaroslava Hirschová as its chief financial officer, succeeding Michal Vepřek. Prior to this appointment Hirschová has held numerous senior positions in the banking industry recently serving as chief financial officer and executive board member for Slovak Primabankv. She has also held senior roles with …

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GVC reports continued revenue growth

16 Dec 2014

A trading update from e-gaming operator GVC for the October 1 to December 14, 2014 period reports the company’s sixth successive quarter of revenue growth. GVC said it continues to benefit from the marketing and brand building the company undertook in preparation for, and during, the World Cup across all major territories and brands. Net …

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Australia’s Crown Resorts speaks on internet betting ambitions

16 Dec 2014

James Packer, the owner of Australia’s Crown Resorts land gambling group, expanded on the company’s new partnership with Matthew Tripps’ online sports betting firm BetEasy this week, saying the alliance has been designed to compete with major international online betting groups that have moved into the Australian market and currently dominate it. “This exciting new …

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EveryMatrix protects against DDoS attacks

16 Dec 2014

EveryMatrix has partnered with U.S.-based Prolexic Technologies, a specialist in DDOS and Mitigation services in a bid to enhance the protection of its network, clients and operators. Prolexic runs real-time monitoring and mitigation services that enable the interception of attacks and other services from a 24/7 Security Operations Center. EveryMatrix said the addition of the …

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IIpay Nation vows to fight on

16 Dec 2014

Following the U.S. District Court for the Southern District of California’s granting of a temporary restraining order (TRO) against the Iipay Nation of Santa Ysabel’s online bingo offer Desert Rose Bingo earlier this week, the group said in a statement that it vows to fight on for the right to offer what it still classifies …

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Extinction from Odobo developer

15 Dec 2014

Odobo’s in-house development studio Wild Game Reserve has released its latest slot titled Extinction to the Odobo Marketplace. The game is a five-reel, 20-payline slot featuring a free spins mode where fiery meteors shower down on symbols initiating Wilds on impact. Wild Game Reserve said the new game was designed based on what the studio …

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California A.G. successful in obtaining a TRO on tribal gambling group

15 Dec 2014

The Attorney General’s Office for the state of California has been successful in its application to a US District Court for a temporary restraining order on the Iipay Nation of Santa Ysabel Indians, which last month made headlines by launching its real money online bingo Desert Rose enterprise, claiming it was not in breach of …

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Russian parliament tightens the screws on gambling

15 Dec 2014

Since 2009 gambling has been a risky business in most of Russia – banned in all regions of the country other than Kaliningrad, Krasnodar, Altay, Primorskiy Krai, and more recently two new areas in Sochi and the recently annexed Crimea. Serious punitive measures taken against those who organise gambling have to date been confined to …

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Finnplay inks social lottery agreement

15 Dec 2014

Finnish online gambling platform provider Finnplay has delivered a platform solution for a newly launched social lottery operator called TribeLotto. The company offers players the possibility to play the lottery with hundreds of lottery lines for the price of one line. It also shifts lottery to a social game environment played together in ‘tribes’. Erkki …

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More delays for Ireland’s online gambling tax

15 Dec 2014

Ireland’s repeatedly stalled online gambling tax has suffered another delay, taking it into the new year, according to a Reuters news agency report. The country’s minister of finance, Michael Noonan, updated parliamentarians in a statement published Sunday, reporting that a standstill period the tax legislation is currently subject to has been extended into January after …

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Crystal ball gazing for 2015

14 Dec 2014

Warwick Bartlett, a 40-year gambling industry veteran and respected gambling consultant with the Isle of Man-based Global Betting and Gaming Consultancy, has published his thoughts on what might lie ahead in 2015 for the online sector and developments that impact it. Bartlett likes the concept of cybercurrencies as a transaction medium that cannot be abused …

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