Gambling news - page 821

New Zealand cops get more power to fight match fixing

9 Dec 2014

Fraudsters with an eye on fixing sports matches in New Zealand, be warned; the new Crime Match Fixing Amendment Bill just approved classifies match fixing as criminal deception and carries penalties of up to seven years in jail on conviction. Local politicians voted for the amendments ahead of the ICC Cricket World Cup and the …

Read now

Coral extends Scottish Grand National sponsorship

8 Dec 2014

Coral and extended its Scottish Grand National sponsorship deal with Ayr Racecourse for another five years. Considered to be the second richest jumps race in the UK, Coral first sponsored the event in 2007. “We have forged a strong and dynamic partnership with Ayr Racecourse, who are a brilliant racecourse to work with, and are …

Read now

Evolution integrates multi player feature to live blackjack

8 Dec 2014

Evolution Gaming has integrated Bet Behind along with a scalable multi-player addition to its Live Blackjack product. The enhancement allows for a virtually unlimited number of online players to join the Live Blackjack game and “Bet Behind” any of the players seated at the main seven seats at each blackjack table. This feature is significant …

Read now

Mumbai police claim Dubai is home to online gambling servers

8 Dec 2014

Pravin Patil, a senior spokesman for the Mumbai police in India, told reporters this week that internet gambling was becoming more prevalent, and that police investigations have found increasing evidence that the illegal operator servers are located in Dubai. The police are probing the sector to find out if established international bookmaking firms are involved, …

Read now

Australian land casino in online sports betting venture

8 Dec 2014

BetEasy, the Australian online sports betting company which recently surprised many of its bigger rivals by clinching a A$10 million-a-year partnership deal with the Australian Football League (see previous report), has reportedly agreed to team up in an online gambling venture with James Packer-owned land gambling group Crown Resorts. Local media have reported that Crown’s …

Read now

Is this Ladbrokes’ next chief executive?

7 Dec 2014

The news that Richard Glynn is to step down next year as chief executive officer at online and land gambling group Ladbrokes (see previous report) has been following by some informed speculation in the Telegraph newspaper over the weekend regarding his successor. The newspaper’s hot tip for the post is Patrick Jay, a former sports …

Read now

Why Adelson needs sen. Reid

7 Dec 2014

The Huffington Post examined the relationship between multi-billionaire land casino mogul Sheldon Adelson and the ascetic Senate Majority Leader Harry Reid over the weekend, noting that Adelson is an ardent Republican supporter prepared to throw tens of millions of dollars into influencing politicians, whilst Reid is a veteran Nevada Democrat who has in the past …

Read now

A good year for Betfair investors

7 Dec 2014

The respected investment column of the Telegraph newspaper in the UK was full of praise for online gambling group Betfair over the weekend, noting that investors in the plc who have hung on through the tough times have seen the value of their holdings soar around 40 percent over the past 12 months. The newspaper …

Read now

Hindu statesman offended by use of religious icons in slots

7 Dec 2014

Rajan Zed, the president of the Universal Society of Hinduism, fired a broadside at the Merkur division of the Gausselmann group this week over its use of the Hindu god Lord Shiva as a theme in a slot game. Describing the use of the religious icon as “wholly inappropriate and regrettable” Zed said the 5 …

Read now

Belated outrage at gambling movie

6 Dec 2014

A government minister in Costa Rica, home to many online gambling companies, expressed somewhat belated outrage this week regarding the Ben Affleck movie Runner Runner, a Hollywood adventure based around the internet gambling industry. The publication Inside Costa Rica reported on comments by the minister for Public Security, Celso Gamboa, who has apparently only recently …

Read now

Ontario’s online gambling website soft-launched

6 Dec 2014

Around 17,000 Ontario online gamblers have been in-spanned to preview and test the Canadian province’s new website as it follows Quebec, Manitoba, New Brunswick, Newfoundland, Nova Scotia, P.E.I. and British Columbia into the online gambling sector with the soft launch of its new website. The PlayOLG site is operated by the Ontario Lottery and Gaming …

Read now

Bad taste from gambling website

5 Dec 2014

The Metro newspaper reported Friday that it has rejected a tasteless bid to promote jackpots and slots by poking fun at football stars past and present who have lost large amounts of money gambling. The concept featured a graphic of the team positions of the unfortunate eleven players, some of whom subsequently fell on hard …

Read now

Bulgaria gambling act passes final reading

5 Dec 2014

Bulgarian lawmakers passed amendments to the country’s Gambling Act in its final reading Friday, expanding the scope of the tax provisions to include lottery organisers, bingo, keno and similar genres. Lottery organisers will pay 15 percent on turnover if the lottery is held in casinos or on other gambling-specific premises, whilst online gambling, keno and …

Read now

Temporar reprieve for Trump Taj Mahal

5 Dec 2014

The broke Atlantic City land casino Trump Taj Mahal, due to close on December 12 in the absence of an agreement with the employees’ union (see previous  reports) has been given a further brief reprieve as negotiations continue. Owners Trump Entertainment Resorts, presumably with the support of principle creditor Carl Icahn, has pushed the closure …

Read now

24/7 Gaming to switch to binary options sector

5 Dec 2014

Online casino operator 24/7 Gaming has confirmed that it is making a radical change in its business model by switching the binary options sector, where it is pursuing an appropriate acquisition that is regulated in Cyprus. In preparation for the move the company is engaged in a brand change to Amesi plc and plans to …

Read now

New Jersey politician wants tougher licensing regime

5 Dec 2014

New Jersey Assemblyman Ralph Caputo is known for his anti-online gambling opinions, and a recent op-ed piece in which he advocated the exclusion of Pokerstars from the New Jersey legalised online gambling market (see previous  report). Caputo was in the headlines again this week with his latest legislative proposal – a bid to force online …

Read now

New social gaming slot for Plaor

5 Dec 2014

Social gaming operator Plaor has launched Dinosaur Up, a new 5 reel video slot title developed by Sydney, Australia-based partner Lightning Box Games. The game features scatter symbols, expanding wilds and multipliers and is available in Plaor’s Mega Fame Casino and Slots and on the Facebook, iOS, and Android game platforms. Chief operating officer Richard …

Read now

Trump Entertainment settling with online gambling associates

5 Dec 2014

The bankrupt land casino owner Trump Entertainment Resorts has filed court documents announcing settlements with Betfair and Ultimate Gaming – two former partners in internet gambling ventures in New Jersey under the Trump Plaza and Trump Taj Mahal brands. The documents indicate that Betfair – former partner in the Trump Plaza initiative – will retain …

Read now

More opposition for U.S. online gambling ban

5 Dec 2014

The conservative US Council for Citizens Against Government Waste has joined the growing number of conservative organisations strongly opposed to Sheldon Adelson’s proposed Restoration of America’s Wire Act, an attempt to federally ban most forms of internet gambling in the United States (see previous reports). The leading federal spending watchdog stepped up this week to …

Read now

Israeli online payment processor under investigation

5 Dec 2014

The Israeli publication Haaretz reports that local credit card firm ICC-Cal is under investigation following allegations that it has illegally handled online financial transactions for international internet gambling companies. The police economic crime unit in Israel is carrying out the investigation and has claimed that the company, under the leadership of former CEO Boaz Chechik …

Read now

AGA on money laundering

5 Dec 2014

Although it has removed itself from the affairs of the online gambling sector, the land gambling trade body American Gaming Association remains active in keeping its members on the straight and narrow, this week publishing its first set of best practices in regard to the problem of money laundering. Motivated by a challenge from the …

Read now

Sportech’s Football Pools launches MatchXtra

4 Dec 2014

Sportech plc subsidiary The Football Pools has launched MatchXtra, an innovative new Pools product that uses innovative pools technology from Longitude LLC, a New York-based technology solutions company. The product offers exceptionally competitive odds on Premier League and other matches throughout the world, the company claims. Using MatchXtra, punters can bet on fixed odds-type markets, …

Read now

UK Gambling Commission gears up for dispute resolution

4 Dec 2014

The important area of Alternative Dispute Resolution will fall under the remit of the UK Gambling Commission, which has been appointed as the competent authority for entities who handle disputes relating to gambling under Europe’s Alternative Dispute Resolution Directive, due for introduction by July 2015. The directive requires entities that deal with, or aspire to …

Read now

Gaming Realms cuts losses

4 Dec 2014

Gaming Realms, which creates, publishes and markets next generation online gaming products, announced its interim results for the six months ending 30 September 2014 on Thursday, reporting a significant reduction in its losses from GBP 4.3 million in the first half to GBP 2.3 million in H2-2014. Financial highlights from the statement included: * Revenue …

Read now