Software services provider Contagious Gaming has entered into an acquisition agreement for all of the issued and outstanding securities of Chelbis Company Ltd for a consideration of CAD$4,050,000 plus an earn-out consideration for the next two years. Chelbis owns and operates established bingo destinations House of Bingo, Gone Bingo and Harrys Bingo along with bingo …
Andy McCue, chief executive designate for Irish gaming firm Paddy Power announced three senior management appointments Tuesday effective January 1, 2015. Peter O’Donovan has been appointed chief product officer in a newly created position that will link the technology and product development teams across Paddy Power and Cayetano in Bulgaria. He will also oversee the …
The Guardian newspaper reports that pharmaceutical giant Pfizer is about to offer compensation to more than 150 Australian patients, who say they developed gambling and sex addictions as a consquence of taking the company’s Cabaser medication for Parkinson’s Disease. The offer is subject to court approval, where the 150 plaintiffs have launched a class action, …
Litigation launched two years ago by Asia-based LT International against SHFL (now part of the Scientific Games group) has been dismissed by a Nevada district court. The case involved accusations under the federal US Lanham Act concerning breaches of the Act regarding unfair competition in advertising and marketing, and arose from a dispute between SHFL …
Anti-gambling campaigners tried this week to exploit new figures from the UK Gambling Commission which show a rise in the number of problem gambler self-exclusions. But the Commission said that there was no discernable single or particular cause for the increase, and there could be a variety of reasons for it. The statistics suggest that …
A 25-year-old Norwegian online punter, Nina Larsen Kvam, recently suffered the crushing disappointment of scoring a 842,000 Norwegian kronor (around GBP 75,000) slot win on a stake of NOK 300 (GBP 11), only to have the win invalidated due to a technical flaw within the game. Kvam hit the win at Malta-licensed PlayCherry Group’s Spilleautomater.com …
The online sports betting platform provider Everymatrix has put a lot of thought and effort into a white paper on the future of online gambling in the European Union regulatory sense, publishing a white paper this week on the controversial subject. The paper examines the current situation and explores possibilities on regulatory harmonisation and a …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …