Respected online gambling researcher and analyst Adam Krejcik of Eilers Research has published an in-depth 24-page white paper titled: “Daily Fantasy Sports: The Future of US Sports Wagering?” The report takes a comprehensive look at the financial health of the burgeoning Daily Fantasy Sports market, as well as an analysis of the competitive landscape and …
The acting Attorney General of New Jersey, John J. Hoffman, has come out in support of legalised sportsbetting in the Garden State, saying that rigorous control of the activity through regulation and licensing is essential to prevent criminal organisations from dominating the market and endangering citizens. The law enforcement official used as an example the …
Athens, Greece software development company Vermantia will integrate its proprietary gaming platform in Iforium’s Gameflex Casino Engine following an agreement signed this week. The integration of Vermantia’s product will provide a wider choice of virtual, slot and instant gaming content for Iforium licencees. In related news, Vermantia significantly expanded its international management team with the …
Virtual gaming and sports provider Inspired Gaming Group (IGG) has entered into a long-term agreement with the DFNN Group of Companies, licensed partners of the Philippine Amusement and Gaming Corporation (PAGCOR). Under the terms of the multi-year agreement, IGG will be the first to launch its Virtual Games and Platforms across PAGCOR’s authorised and regulated …
Online and land gambling group William Hill plc has turned in another sparkling performance – particularly from its online enterprises – in an interim management report covering the period from 2 July 2014 to 20 October 2014. The report shows that the third quarter saw strong year-on-year margin swing driving outstanding profit growth, with key …
The Gibraltar Betting and Gaming Association has asked for a judicial review following the recent High Court defeat of its challenge to the new British point-of-consumption online gambling law (see previous reports). The GBGA said it had applied for a judicial review of the Treasury’s tax plans after reviewing the judgment and Mr Justice Green’s …
The recent upsurge in fantasy sports news coverage – mainly focused on the burgeoning daily fantasy sports phenomenon – has prompted the information site Online Poker Report to carry out some research….with interesting results. Like most of us, OPR expected the research to show that daily fantasy sports is outpacing online gambling revenues, particularly when …
Respected poker player and writer Jeff Hwang, writing in the investment publication The Motley Fool, has examined the Adelson attempt to buy a federal internet gambling ban through the US political system, and his motivation for driving his campaign against the genre. The factual and generally well-balanced article details the moves Adelson has made in …
Erik Telford, senior vice president at the Franklin Center for Government & Public Integrity in the United States, has come out strongly against the political influence leveraged by land casino billionaire Sheldon Adelson in his bid to ban almost all forms of online gambling. In an op-ed article in the influential political publication The Hill …
With the ink barely dry on New Jersey Gov. Chris Christie’s approval for a new intrastate sports betting law (see previous reports), the US national sports leagues, led by the NFL and NCAA have noted their opposition and intention to challenge the state again. On Monday the sports organisations filed a lawsuit seeking to block …
Hard on the heels of New Jersey Gov. Chris Christie’s signing into law of the state’s latest attempt to introduce intrastate sports betting (see previous reports), comes negative news in the form of a poll carried out by Rutgers-Eagleton that indicates flagging support for the idea. Although 44 percent of New Jersey respondents perceive sports …
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. …