Gambling news - page 824

PEI entities argue over online gambling loan

10 Dec 2014

A failed – and expensive – online gambling partnership between the Canadian provincial government of Port Edward Island (PEI) and the tribal Mi’kmaq Confederacy continues to make headlines in the province, with the tribe adamant that it will not be ponying up C$990,000 it received, allegedly as a loan. The Mi’kmaq approached the government in …

Read now

Sports betting consultant indicted

10 Dec 2014

A high profile Florida-based sports betting adviser, Adam Meyer (42) has been indicted by a Wisconsin grand jury on serious charges of fraud, racketeering, extortion and intimidation involving a firearm after shaking down an indebted gambler for around $25 million. Meyer operates the Real Money Sports enterprise, allegedly offering punters a 70 percent success rate …

Read now

Hefty penalties for online sports betting defendants

10 Dec 2014

Court documents in Nevada have revealed that the penalties for organising internet sports betting from a hotel in Las Vegas during the FIFA World Cup are punitive. High profile Asian gambling personality Paul Phua and his associates were busted in an FBI sting earlier this year, with one defendant escaping punishment and five out of …

Read now

Is the RAWA dead for this year?

10 Dec 2014

Reports from a variety of sources in Washington DC appear to indicate that Sheldon Adelson’s attempt to ban internet gambling through the Restoration of America’s Wire Act (RAWA) has failed…at least in this Congressional session. The House bill is being driven by Utah Republican Representative Jason Chaffetz in the House, whilst Senator Lindsey Graham is …

Read now

Chinese themed slot due from Microgaming next year

10 Dec 2014

Online gambling software provider Microgaming has given internet punters something to look forward to early in 2015 with the preview publication on Youtube of a new 5 reel, 243 Ways-to-Win multi-featured video slot branded Gung Pow. The game has plenty of fireworks, both visually and within the features, which include free spins and the possibility …

Read now

Norway report recommends strengthening regulations

10 Dec 2014

A Norwegian Ministry of Culture-commissioned report on the technological developments in the gaming market found as many as 42 percent of a survey sample of Norwegians believed that utilising the services of foreign gaming operators was permissible, while another 20 percent were unsure. The commission tasked with presenting the report said the legal gaming market …

Read now

PERFORM in half billion media deal with WTA

9 Dec 2014

Sports data provider PERFORM has entered into a record 10-year media extension deal worth around US$ 525 million with the Women’s Tennis Association (WTA). This extension to PERFORM’s existing partnership with the WTA marks the largest live media rights and production venture in the history of the WTA and in women’s sports. The initiative will …

Read now

Casino Saga in content supply deal with Play’n Go

9 Dec 2014

Malta-licensed operator Casino Saga has taken on a full range of Play’n GO content for web and mobile following the announcement of a deal earlier this week. Georg Westin, chief executive officer of Casino Saga said: “Play’n GO has proven to be a very fast moving company providing great games and has the same kind …

Read now

Contagious Gaming to acquire Chelbis Company ltd

9 Dec 2014

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 …

Read now

Management shuffle at Paddy Power

9 Dec 2014

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 …

Read now

Drug company to settle with addicts over Parkinsons medication?

9 Dec 2014

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, …

Read now

Scientific Games win LT Game litigation

9 Dec 2014

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 …

Read now

Problem gambler self-exclusions are up in the UK

9 Dec 2014

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 …

Read now

Norwegian uproar over online gambling technical fault

9 Dec 2014

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 …

Read now

EveryMatrix publishes thoghts on European online gambling

9 Dec 2014

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 …

Read now

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