Citing consolidation within the gaming machine supplier industry, Amaya Gaming has announced that it is to strategically review the potential alternatives for its B2B land-based gaming solutions subsidiary Cadillac Jack, and has engaged the services of Macquarie Capital and Deutsche Bank Securities as co-financial advisors to assist in the project. Amaya CEO David Baazov said …
Gala Coral is the first operator to take NextGen Gaming’s latest online slot, Judge Dredd, on board. NextGen had announced earlier in the year an exclusive licensing deal which allows for the creation of games featuring the popular 2000 AD comic character. Judge Dredd stories have for over 37 years generated millions of fans worldwide …
e-Gaming operator GVC Holdings said its full quarter Net Gaming Revenue (NGR) averaged Euro 646 000 per day, a 24 percent increase compared to the same period last year and up from the Euro 628 000 per day reported on September 22, 2014. GVC said trading is strong across all major territories and brands, reflecting …
Tipp24 SE is planning to rebrand as ZEAL Network SE to reflect the company’s wider strategic focus. The rebrand proposal will be presented to shareholders at an extraordinary general meeting (EGM) in London on November 19, 2014. The company anticipates the new name to come into effect soon after it hopes to receive majority shareholder …
The Alderney and Guernsey gambling regulators have announced a joint initiative in offering dual licensing to the spread betting sector. The collaborative licensing programme includes the full range of products across the spread betting, binary options and CFD sectors. “Alderney is world renowned for its beneficial commercial environment, stable government and technical prowess and these …
The latest online gambling slots developer to make an impression in the industry is Endorphina.com, a recent start-up based in Prague, Czech Republic which offers some interesting variations on currently popular slot themes. The company, which has been making the rounds at industry conferences recently, boasts an international team of developers with a wealth of …
Online gambling software provider iSoftBet has announced that its HTML5 powered games are now live on the popular mobile gambling site LeoVegas. Johan Styren, CEO of LeoVegas Gaming said Monday: “LeoVegas is all about leading the way into the mobile future. This exciting partnership with iSoftBet is further accelerating our momentum and adds great value …
mybet Holding SE has appointed 42-year-old economist Markus Peuler as chief financial officer effective November 15, 2014. Peuler currently serves as chief financial officer and managing director for mobile services provider Jesta Digital GmbH, part of Freenet AG. “We are delighted to have secured the services of Markus Peuler as the company’s Finance Director,” said …
Israeli online gambling entrepreneur and principal Playtech shareholder, Teddy Sagi, has scored another online gambling coup with the announcement that his AIM-listed e-processing company, SafeCharge, has been selected for online transactions by top Rank Group plc subsidiaries Mecca Bingo and Grosvenor Casinos. The companies will deploy SafeCharge’s Secure Payments Platform, Risk Management and PCI Descoping …
The Malta newspaper The Independent has picked up on US media interest in the continuing attempts by Maryland law enforcement officials to extradite high profile online gambling entrepreneur Calvin Ayre. The newspaper carried an article on Ayre’s Bodog group connections in Malta over the weekend under a headline redolent with graphics of US official seals. …
Sheldon Adelson’s attempts to influence US politics through resurrecting the Wire Act and imposing a federal ban on almost all online gambling could be approaching a new hurdle in Pennsylvania. Whilst the state legislature seems to have difficulty coming to grips with the legalisation and regulation of intrastate internet gambling (see previous reports), Representative Mike …
Consumer activist Michelle Minton has been quick to respond to US politician and former mayor of Denver, Wellington Webb’s latest anti-online gambling editorial in support of Sheldon Adelson’s Coalition to Stop Internet Gambling. In his op-ed tirade titled “The hidden dangers of Internet gambling” Wellington again pushed the general CSIG line that online gamblers are …
A top US National Football League team has developed links with the burgeoning fantasy sports industry with a deal between the New England Patriots and Boston-based DraftKings. A spokesman for the fantasy sports provider said Friday that the partnership agreement is the first of any professional football team in the booming daily fantasy sports sector. …
The reasons for the suspension of the entire South African National Gambling Board six weeks ago (see previous report) were finally – if belatedly – disclosed Friday when Trade and Industry Minister Rob Davies briefed an impatient parliamentary committee enquiring into the issue. In a written brief, the minister revealed that allegations of maladministration, wasteful …
The European Commission’s announcement Thursday that Sweden is among the member states it has referred to the European Court of Justice for infringing EU laws in its online gambling enterprises (see previous report) appears to have touched a Swedish government nerve. On Friday the Swedish Minister for Public Administration, Ardalan Shekarabi, revealed that plans were …
The Trump Taj Mahal casino resort in Atlantic City has dodged the bankruptcy bullet for now following a decision by federal bankruptcy court Judge Kevin Gross that it could void its contract with union workers. The beleaguered casino owners had petitioned the court to terminate a contract with the union on grounds that the enterprise …
The latest peer-to-peer cyber currency to launch is branded Hyper, and claims to finalise settlements twenty times faster than the longer established and better known Bitcoin. The founders also claim that Hyper has been specifically designed for the virtual gaming and gambling world, commenting: “Essentially, Hyper is a low energy cryptocurrency designed for use in …
New Jersey governor Chris Christie has wasted no time signing bill AB3711 – an intrastate sports betting measure that has the overwhelming support of the State Legislature – into state law. Gov. Christie gave his approval for the bill Friday shortly after it romped through the House of Assembly, but observers note that the national …
Bear Group, a subsidiary of London-listed online gambling provider Gaming Realms, has launched a new online and mobile casino dubbed Spin Genie – an appealing addition to a stable of internet gambling operations that includes Total Gold, CastleJackpot and Pocket Fruity. The difference with Spin Genie is that it is the first to be launched …
Online and interactive television gambling group NetPlayTV has released a Q3-2014 trading update indicating an increase in new players, but noting heavy marketing spend which could impact its full year results. The report notes: * 21 percent increase in new depositing players to 18,853 (Q3 2013: 15,566) * 22 percent increase in active depositing players …
Content agency Accesswire reports from Canada that the country is rapidly becoming a key player in the online gambling industry, enjoying growth of 7 to 10 percent annually and generating market value of around C$30 billion. The fact that confusion remains over the legality of online gambling in Canada makes the impressive development of Canadian …
The American Gaming Association’s about-turn on legalised online gambling last year (see previous reports) clearly still rankles with Party Poker’s US online poker chief, Jeffrey Haas, who has accused the trade body of “betraying” the online gambling sector in its decision to cease supporting legalised internet gambling in favour of a hands-off neutral position. Commenting …
In an effort to revive Spain’s overtaxed and flagging online gambling industry, regulator the Directorate General for the Regulation of Gambling has announced that an unspecified number of new casino gaming licenses (to include slots) are to be offered to operators interested in expanding and the potential of the market. The licenses will be available …
NEW JERSEY ASSEMBLY APPROVES SPORTSBETTING BILL 73 to 4 vote follows an overwhelmingly positive Senate vote last week. The New Jersey House of Assembly has followed the state Senate in voting overwhelmingly in favour of legislation allowing operator-regulated sports betting in the latest attempt by the state legislature to get an intrastate sportsbetting bill on …