Malaysia is to turn to the human rights-challenged Chinese government for assistance in tackling illegal online gambling, corruption and prostitution, Minister of Home Affairs Datuk Seri Ahmad Zahid Hamidi told reporters Saturday after visiting an exhibition held in conjunction with the 60th anniversary of the Film Censorship Board. The Minister said there are plans to …
The widely reported opinion of National Basketball Association commissioner Adam Silver that sports betting is popular and legalisation is inevitable across the USA (see previous reports) has been supported by the owner of the Dallas Mavericks team, Mark Cuban. Cuban told reporters Saturday that Silver’s comments were right and he agreed with them 100 percent. …
There have been conflicting reports in US media regarding the announcement by Brookfield Asset Management that it has been unable to satisfactorily resolve an energy debt problem over the Revel in Atlantic City and is reversing out of the $110 million acquisition agreement for the property (see previous reports). Brookfield itself has not commented beyond …
New Jersey’s failure to persuade the courts to allow it to offer intrastate sports betting (see previous reports) has not deterred the state’s Monmouth racetrack from actively considering another possibility – the booming daily fantasy sports betting vertical. The track announced Saturday that it will start offering fantasy sports betting in the near future, although …
Reports last week that the closing of Atlantic City’s Taj Mahal land casino on December 12 appeared inevitable have been sidetracked by fresh disclosures from Bloomberg business news that principal creditor Carl Icahn is still searching for a solution with the unions. The New York Post also reported over the weekend that Icahn has offered …
The Washington Times carried a strongly worded attack on anti-online gambling crusader and land casino magnate Sheldon Adelson over the weekend, suggesting that his opposition is more anti-competition than morally based. The man firing the op-ed broadside is top legal eagle, author and lecturer Bruce Fein (67), a Harvard Law School graduate and widely experienced …
Taking a retrospective look over the past year, when online gambling has been legal in the state of New Jersey, the Associated Press news agency noted over the weekend that whilst internet gambling revenues had helped some land casinos, the tax revenues anticipated by the state government have fallen well short of estimates. Governor Chris …
There’s a wealth of online gambling experience behind the founders of Tau Gaming, which has contracted with Dragonfish to launch new online casino and bingo brands on the market before the end of the year. Founded by former MetroPlay m.d. Jamie Walters and James Newman, who was head of acquisitions at Gamesys, the UK-facing company …
Alderney licensed Jumpman Gaming, a developer founded just two years ago, has made the rather bold claim that it is the first to launch a catalogue of Video Bingo games within the UK through the 15 Network. Already a popular game format in South America, Video Bingo combines elements of bingo with the fast-paced instant …
The performance of London marketing agency The7Stars in promoting the Coral interactive brands so impressed Gala Coral that its involvement has been expanded to embrace Gala Interactive. Following a competitive pitch, Gala Coral group has appointed the agency as its media planning and buying representative for Gala Interactive brands – Coral Interactive, Gala Bingo and …
US investors seem to like social gaming firm Youbetme, which has raised a further $2.7 million in funding this week following its $1,2 million in start-up funding back in January this year. Based in San Francisco, the company reports that its sports betting-oriented app achieved over 100,000 downloads in the first months following its launch, …
Scientific Games Corporation announced Friday that it has completed the $5.1 billion merger with Bally Technologies. “Completing the Bally transaction brings together two exceptional organizations with a common culture of innovation and customer focus,” said Gavin Isaacs, president and chief executive officer of Scientific Games. “We are excited by the opportunities that will be created …
New Jersey-based online gambling content developer High 5 Games is finding an enthusiastic audience in Europe for its products, which are now available across six major online casino sites This week High 5 launched seven new titles with Gamesys Ltd. including Michelangelo at Sun Bingo, Dangerous Beauty and The Mighty Atlas at Fabulous Bingo, and …
The Irish online gambling software developer Xanadu, set up by three Irish entrepreneurs with 8 employees in 2011, is to more than double its staff from 106 to 220 in 2015, the company announced in a statement Friday. Based in Cork, the company already employs 106 people full-time and between 15 to 20 on a …
Continent 8 Technologies, which over the last 15 years has established itself as a top provider of managed hosting and network solutions to many of the world’s largest online businesses, has been named ‘Company of the Year’ in the 2014 Isle of Man Newspapers Awards for Excellence. The panel of independent judges remarked that the …
The newly appointed manager for Pokerstars in Italy, Marco Trucco, may have let the cat out of the bag in his interview earlier this week disclosing the online poker giant’s plans to introduce casino and sports betting in the near future (see previous report). The ink on the interview was barely dry before Pokerstars issued …
The state of New Jersey looks set to return to the Third Circuit Court of Appeals following another adverse decision from Judge Michael Shipp Friday as the state battled national sports leagues in its bid to introduce intrastate sports betting (see previous reports). Judge Shipp’s latest negative decision was widely expected, and New Jersey politicians …
After hearing oral arguments for and against New Jersey’s currently suspended sports betting laws Thursday from the legal representatives of the state and for the national sports leagues, Judge Michael Shipp undertook to deliver his decision by today (Friday) on whether his injunction against the state should become permanent or fall away. Observers point out …
The multi-billion dollar merger of Bally Technologies with Scientific Games has received the unanimous approval of the Nevada Gaming Commission. The Commission’s approval was the final regulatory permission required to complete the merger, and follows the overwhelming shareholder vote for the deal earlier this week (see previous report). In an announcement Thursday, Scientific Games said …
The Italian news agency Agimeg highlighted some interesting Pokerstars plans for the Italian online gambling market this week during an interview with the company’s new Italian chief, Marco Trucco. Trucco revealed that the online poker giant is currently working towards the imminent introduction of online casino games to Italian online punters, and that a new …
The Washington Post reports that Sheldon Adelson is encountering some serious opposition to his attempts to ban most forms of internet gambling through the Restoration of the American Wire Act bills, possibly triggered by his lobbyists’ intense last-minute attempts to get the bill through the House Judiciary Committee before the current season ends. The committee …
BetSoft Gaming desktop and mobile slot content is now available at the Guts online casino following an agreement between the two companies. Guts.com is a well-established European-facing online gambling company offering games from a variety of suppliers that includes Net Entertainment and Microgaming, licensed by Curacao. “Partnering with Guts was exciting because of their high …
Netherlands gambling regulator Kansspelautoriteit and the Malta Lotteries and Gaming Authority have entered into a letter of intent that will ultimately become a final memorandum of understanding once the Dutch draft bill for remote gaming becomes legislation. The bodies intend to cooperate in terms of the development of uniform legislation and information exchange with the …
Bookmaker bet365 is the latest to sign an agreement with Emerchants Limited for the provision of reloadable winnings cards. bet365 plans to roll out the cards in the first half of 2015, pending approval from Emerchants’ sponsoring Authorised Deposit-Taking Institution. Tom Cregan, managing director of Emerchants Limited said: “bet365 will be a key partner for …