Online gambling software developer BetSoft has signed up operator Picante Gaming and Global Gaming Labs for its full inventory of desktop and mobile games. The games will be used on the websites Picante Gaming.com and GGaming Labs.com. “Picante Gaming is an ideal partner for us,” said Mark Allison, BetSoft account manager Friday. “Their powerful platform, …
The UK online payments solutions provider Optimal Payments plc has announced that it has partnered with Pala Interactive, LLC , an emerging enterprise in the online, real-money gaming space managed by industry veteran Jim Ryan, to provide payment processing services for the U.S. regulated online gaming market.
A Huntingdonshire wedding planner who defrauded 19 wedding couples of GBP80,000 to fund her online gambling experiences has paid for her conduct with a two year prison sentence. Lisa Harrison (34) pleaded guilty to offences of fraudulent trading following a police investigation by a serious crime team which started in December last year and culminated …
The German online sports betting operator Mybet has posted improved numbers for the first nine months of the year, boosted by the company’s third quarter, which achieved a 6 percent rise in revenues compared to the corresponding period last year. Mybet reported the following nine-month highlights: * Revenue of around Euro 52 million up 12.4 …
London billionaire Len Blavatnik has triggered the de-listing of the digital sports media provider Perform Group following the acquisition of 77 percent of its stock by his private equity company Access Industries. Perform controls the Watch&Bet live streaming sports service, along with data providers Opta and RunningBall. Perform’s management confirmed that Access now holds a …
The Canadian online gambling group Intertain, which owns and operates internet properties InterCasino, InterPoker, Costa and other brands on software from Amaya and Dragonfish, has posted its latest Q3 results, highlighting: * EBITDA at – C$1.01 million, but adjusted EBITDA of C$6.93 million in the quarter; * Net income loss of – C$11.75 million, but …
The UK land and online gambling operator Gala Coral has posted a credible set of preliminary results covering the 12 months to end September this year and highlighting: * Full-year turnover up 14 percent at GBP 1.2 billion up 14% on a year-on-year basis; * Gross profit up 9 percent to GBP 890.1 million; * …
Speculation around the fate of the Showboat, the third Atlantic City land casino to shut down this year (see previous reports) has ended following an announcement by Stockton College that it has agreed to obtain the property from Caesars Entertainment for an undisclosed consideration. The education company said Wednesday that it intends to convert the …
The stage appears to be set for Croatia’s entry into the online gambling regulated market; the country’s draft law on internet and mobile gambling licensing and regulation has just received European Commission approval. The government will now take the law through parliament, ultimately leading to a new licensing and regulatory regime by June-July 2015. Passage …
Investors in Chinese lottery services and games provider AGTech will have mixed feelings on its latest results, which showcase significant increases in revenues but widening losses due to share-based compensation costs and other expenses. Nevertheless, Management remains confident that the outlook is positive for the company, according to a company statement Wednesday. Third quarter revenues …
Cyberworld Studios, Inc., a Salt Lake City-based subsidiary of the publicly listed Direct Equity International, Inc., announced Wednesday that it is investing in the online social gambling market. The company has partnered with an unidentified U.S. games developer and says it hopes to cash in on the lucrative and growing vertical. Cyberworld CEO, Macleans Geo-Jaja, …
The US media is widely reporting an acquisition deal in which the Kentucky horse racing company Churchill Downs is to acquire Big Fish Gaming social games developer and Big Fish Casino operator for up to $885 million. Seattle-based Big Fish was founded 12 years ago and has become a major player in the social games …
Over-zealous Indonesian police authorities reportedly raided game developer Gameloft’s office in Yogyakarta earlier this week, mistakenly believing it to be an online gambling den. According to Tribun Jogja, Police, who were tipped off by the local community, initially attempted to search the office without a warrant and were denied entry. The raid took place during …
Spanish gaming operator Grupo MGA is first out the gate with the launch of online slot content from Conei Corporation (GiGames). “La Mina de Oro” is now active on Grupo MGA’s TodoSlots facebook platform following an agreement with GiGames. The game is a three-reel, 5-payline slot offering a “Map of Mine” mini game as a …
Content and system provider BetDigital has appointed government and technical consultant Professor Walter Patterson. Patterson will oversee all Betdigital’s internal auditing and compliance requirements, while providing support and guidance on any other compliance issues that may arise. Heath Samples, chief executive officer for Betdigital said the appointment was a real coup, “He brings a wealth …
bwin.party digital entertainment has confirmed media speculation that it has entered into preliminary discussions with “a number of [undisclosed] interested parties regarding a variety of potential business combinations with a view to creating additional value for bwin.party shareholders”. Activist investor Jason Ader has been pressuring the Board for some time, through his Spring Owl investment …
Responding to questions from the official Opposition Tuesday, South Africa’s Minister of Trade and Industry, Rob Davies, laid out his plan for the currently suspended National Gambling Board. The Board was suspended two months ago amid allegations of maladministration, corruption, wasteful spending, intimidation and the destruction of evidence (see previous reports). A forensic investigation is …
Appetite-whetting previews are available on two games from online gambling software developers Net Entertainment and Thunderkick, believed due for launch before the end of the year. Thunderkick’s 5 reel, 15 payline slot Flux will be going out to operators this week and is available for demonstration purposes on the developer’s dotcom website. The theme of …
British games developer Wagermill and Australian developer The Gaming Lab have merged to form the GECO Gaming Group. The newly formed group said it will focus on globally promoting and expanding its HTML5 and Flash library of bingo, slot and casino games. “We are well under way with some industry changing plans around content delivery, …
888Sport has become the sponsor of one of the premier races on the British National Hunt calendar at Sandown Park Race Course, the GBP 150,000 Grade 1 Tingle Creek Chase scheduled to run on December 6th. Forming part of the agreement, 888Sport will also sponsor the London National Handicap Chase. Itai Pazner, senior vice president …
The Interactive Entertainment division of Caesars Growth Partners LLC (CIE) reported strong revenue growth of 104.8 percent and adjusted EBITDA up 74.5 percent year over year during its third quarter and nine month to September 30, 2014 results. CIE’s good fortunes were primarily led by the division’s social and mobile games business along with the …
Andreas Meinrad, former bwin.party digital entertainment group commercial director, has been appointed chief executive officer of BetVictor succeeding outgoing incumbent Michael Carlton from February 1, 2015. Meinrad will report to Michael Tabor, a founding shareholder of the company and now owner of the business following a restructuring earlier this year. “It is a great brand …
The National Hockey League (NHL®) has inked a multi-year North American partnership with DraftKings, the U.S.-based daily fantasy sports operator. Under the terms of the agreement, DraftKings will serve as the Official Daily Fantasy Game of the NHL and will enjoy prominent brand placement across the NHL’s digital platforms, including NHL.com, NHL Mobile™ and the …
UK bookmaker Coral has replaced Houses for Homes as the Wigan Warriors Rugby League Club’s main sponsor for the 2015 season. The sponsorship marks Coral’s first sponsorship venture into Rugby League. Under the terms of the sponsorship Coral will be the main shirt sponsor, with the Coral logo appearing on the front of the Wigan …