Cherry Group principle shareholder and founder of subsidiary AutomatGruppen, Morten Klein, is back in the saddle, taking a newly created role in the group as head of business development and partnerships, working closely with the Malta management team of the group and concentrating on internet gambling as the Cherry increasingly focuses on this aspect of …
Australian gambling group Tatts has been awarded around A$540 million in compensation from the Victorian government following an appeal action this week in the Supreme Court of Victoria. Victoria’s court of appeal has upheld the judgment made in the state’s supreme court, awarding compensation to Tatts and dismissing a similar claim by Tabcorp for A$686 …
Disappointed Tabcorp executives were considering their options Thursday following the dismissal of the company’s appeal to the Supreme Court of Victoria against a Supreme Court of Victoria A$686 million judgment delivered in June 2014 in favour of the State of Victoria. Tabcorp had claimed that the State of Victoria was obliged to make the payment …
Online gambling group Betfair plc has published its interim results for the six months ended 31 October 2014, claiming that it represents a record and the return of GBP 200 million capital to shareholders. Financial highlights of the statement include: * Revenue up 26 percent, driven by strong customer base growth and successful gaming cross-sell, …
According to reports in Thursday’s Telegraph newspaper in the UK, major broadcast company Sky has sold a majority stake in its betting business SkyBet to CVC Capital Partners, a British private equity firm, for up to GBP 800 million. Sky’s decision is believed to be motivated by a desire to focus on core pay-TV operations. …
Appealing games, an easy to use design and wide availability across iOS and Android compatible devices has ensured massive popularity for Intralot Interactive’s social gaming project Lazyland since its launch two years ago. In a statement this week, the company revealed that its free-to-play offering has passed the 10 million mark in downloads…and demand shows …
Macau is too dependent on gambling and needs to diversify, the chairman of China’s Basic Law Committee, Li Fei, told Hong Kong media reporters this week, expressing opinions that are unlikely to boost the morale of operators in a market that has been declining for the past six months and shows little sign of immediate …
It seems that the conclusion of the International Social Games Association that there is only limited cross-marketing opportunity between play-for-fun social gambling and real-money betting (see previous report) is increasingly being confirmed by practical operator experience. The latest online gambling group to discover the difference appears to be Paddy Power, which is reportedly about to …
IGT’s Facebook-based social casino subsidiary DoubleDown Interactive has announced a deal with the US-based company Spriza Inc. that will see it offering social gaming punters an online lottery with travel and other prizes. Through Spriza’s proprietary online contest management platform, DoubleDown Casino will run a contest where participants can win a grand prize for four …
HM Treasury Chancellor George Osborne, in the 2014 Autumn Statement delivered today (Wednesday), said the UK Government will proceed with a further consultation process early in 2015 on replacing the Horserace Betting Levy with a Racing Right. The Horserace Betting Levy has proven to be a controversial topic as some offshore remote gambling operators take …
The Rockland County District Attorney Thomas P. Zugibe announced the arrest of 14 people Wednesday on charges of unlawfully operating a sports betting enterprise that stretched from Rockland County to New York City and from Bergen County, New Jersey to Palm Beach Florida. Zugibe said the ring is estimated to have taken millions of dollars …
Fantasy sports company DraftKings has inked a deal with the Philadelphia 76ers (the Sixers) to become the team’s official daily fantasy game partner. Through the partnership, DraftKings becomes the presenting partner of several of the team’s digital platforms, including the Sixers’ official website, SIXERS.COM; Sixers Sixth Man E-News; and mobile application. DraftKings will also present …
The Asian state of Malaysia is now notorious for its persistent and vigorously enforced crackdown on illegal internet gambling, and the police in just one province – Selangor – this week gave a glimpse of the costs operators risk in supplying what is clearly a huge player demand for their services. In the eleven months …
The latest online slot from Stockholm-based Thunderkick has bonuses, free spins, interactive player picks and great sound and visual effects…watch out for the comets on the bonus screen! This 5 reel, 15 pay-line retro-feel video slot also has a host of other features, including Wilds, Sticky Wilds, the Expander, a Mystery Game and up to …
A new bill to regulate advertising and the promotion of gaming has been introduced to Argentina’s Lower House by the Gen Party’s national deputy Omar Duclós. The proposal aims at restricting gaming advertising to prevent and control gambling addiction. It gives the Federal Authority of Audiovisual and Communication Services (AFSCA) : – the authority to …
In celebration of 15 years online, Åland gaming company Paf has launched the iBandit, a one-armed bandit arm for home use “developed to make the online slot machine experience even more fun”. The handmade device, which was developed in cooperation with Scandinavian research lab Nordic Society For Invention and Discovery (NSID), connects to a computer …
The Netherlands gambling regulator Kansspelautoriteit has fined Imperial E-Club Limited for operating seven online casino and sports betting operations in the Dutch market. The authority initially ran an investigation spanning from June 2012 to October 2013 on Imperial E-Club’s website europacasino.com which led to the scrutiny of another six of the company’s operations. The seven …
Following an indifferent performance at the online and land gambling group Ladbrokes plc in recent times, the industry was not altogether surprised by the news Wednesday that CEO Richard Glynn is to step down next year. The irony is that there have been signs of some light at the end of the Ladbrokes tunnel in …
The tempo of daily fantasy sports company sponsorship deals with national league teams appears to be increasing, with a new deal this week which saw Draftkings ink an agreement with struggling NBA team the Philadelphia 76ers. Boston-based Draftkings already has a sponsorship relationship with the National Football League team the New England Patriots, signed earlier …
It appears that the pleas for tax breaks by struggling Atlantic City land casinos…and especially the Trump Taj Mahal….have been sympathetically received by New Jersey politicians. On Monday Senate President Stephen Sweeney and Sen. Jim Whelan introduced a proposal that would allow casinos to collectively make fixed payments of $150 million in lieu of taxes …
One of Britain’s biggest online and land gambling providers, William Hill plc, has engaged compliance testing firm NMi to ensure that its games meet the standards required by the UK Gambling Commission under the new p.o.c. laws. Shane Kelly, head of QA and testing for William Hill said: “We appointed NMi based on the high …
The Responsible Gambling Trust in the UK has published independently conducted research into gaming machines in licensed betting offices that debunks at least some of the misconceptions and media claims that have created such a furore around FOBTs recently. And the research suggests that it is possible to distinguish between problem and non-problem gambling behavior, …
On the back of the announcement of the award of a category 2 license from the Alderney Gambling Control Commission (AGCC), BetConstruct said today it has reached agreement with Latvian gaming equipment manufacturer DLV for the provision of a sportsbook which will operate alongside the manufacturers suite of gaming and slots products. DLV is a …
Vera&John has signed its second content supply deal in a week with Leander Games. Vera&John customers will have access to Leander and other third party games through the integration of Leander’s LeGa platform. Steven Matsell, chief executive officer for Leander Games, said: “The deal will allow players to enjoy our games and those we aggregate …