Canadian media reporting from Ottawa revealed Tuesday that another Operation Amethyst accused has been sentenced for online sports betting through a criminal organisation. Fifty-year-old Benedetto Manasseri, 50, allegedly a former executive in a lucrative Ottawa-based online sports betting ring, was sent to jail for 26 months by Canadian Judge Hugh Fraser. Manasseri was one of …
The politicians in Ireland have been haggling over the imposition of an online gambling tax on operators for the past three years, but it appears that implementation is imminent, reports the Irish Examiner newspaper. Irish Finance Minister Michael Noonan says that tax revenue of around Euro 25 million will be garnered by the new tax …
Hong Kong-based group Amax International has announced that it is to acquire 60 percent, and control, of Forenzia Enterprises, a BVI registered investment company that holds a Vanuatu online gambling licence. The agreed consideration for the purchase is $6.2 million – a discount of 14 percent against the acquisition’s value, according to independent valuators. The …
London-based Betfect has announced its first partnership with Ladbrokes for its online platform offering wagering to the online social environment. The platform, launched in Beta last month, allows users to place real-money bets with integrated betting providers. In turn, players can interact with the Betfect community to track their own performance while following and emulating …
Tipp24 SE’s London-based MyLotto24 Limited is expecting a significant reduction in expenses when the UK Gambling (Licensing and Advertising) Bill and the ensuing place of consumption (POC) tax comes into force later this year. The company said its MyLotto24 will no longer be bound by duty on its gross gambling yield derived from business outside …
Clarion, the organisers of the top annual industry expo ICE has launched a quality video to awaken early interest in next year’s show. The vid, produced by Cinebop, features high definition visuals and immersive audio echoing the Jules Verne inspired ‘Discover’ creative which is running throughout international gaming media in support of ICE 2015. Check …
The new Belgian Government said it will review the country’s Games of Chance Act of 7 May 1999 in a coalition agreement presented this week. Within the coalition agreement the new Government has proposed an increase in the number of “Class 1 establishments of game of the chance” from 9 to 11. Another two terrestrial …
The New Jersey Division of Gaming Enforcement (DGE) is inviting skill-based gaming applications under its New Jersey First program in a bid to attract the younger demographic who it believes is key to the revitalisation of the ailing gambling industry in Atlantic City. The authority will review social and skill-based gaming offers such as Candy …
The New Jersey State Senate has passed a bill authored by Democratic State Senator Raymond Lesniak, and submitted by Governor Chris Christie’s administration, that will partially repeal the prohibition of sports betting by an overwhelming majority of 27-1. The bill proposes non-State-regulated sports betting be allowed at racetracks and casinos for the first time in …
Costa Rica-headquartered game development and technology provider Breakout Gaming will target the gaming industry with the launch of a new crypto-currency called Breakout Coin (BRO). According to Breakout the launch of their website where users can learn about the new currency is fast approaching and will reportedly feature Poker Pros who support the launch of …
NYX Gaming and Income Access plan on launching an affiliate programme for its free-to-play Trophy Slots brand on Income Access’ US-facing Social Gaming Network. Blair Albanese, NYX Gaming Group senior account manager said the Income Access Social Gaming Network will enable MX Gaming to reach more social gambling players while offering a competitive opportunity to …
Los Angeles-based developer MX Digital has launched a catalog of celebrity branded digital slot games on its new MX Social Casino App on Facebook. MX Digital will utilise digital and analytics firm TraffGen’s marketing and player development tool kit to boost its presence in the social space, saying: “”We have great brands with partners who …
The online crowd-funding website GamCrowd.com has launched the first start-ups, Betify and Fenway Games, on its equity platform. Betify is a mobile app that allows users to set or receive challenges from their friends and win rewards, such as tech products and vouchers or trips and experiences, if their challenge becomes popular in the community. …
Possibly still smarting from its defeat in litigation against Britain’s new point-of-consumption online gambling regulatory legislation (see previous reports), the Gibraltar Betting & Gaming Association issued a statement Friday calling for a European Union regulatory framework for online gambling. “We remain concerned the UK regulator will find it difficult to hold companies to account in …
After just over a year of operations the Asia and Europe-facing Dong Casino has announced that it is to shut down by the end of October and is no longer accepting new players. Founded by Curacao-registered Dong Universal BV in 2013, the operation offered both desktop and mobile internet casino games powered by a diversity …
Colossus Bets, which runs the GBP10 million Colossus football and sports jackpot gambling, has reported some spectacular results this week, which saw the first winners of the GBP 500,000 bonus leg in the GBP 1 million HDA15 football jackpot. Barnsley’s come-from-behind win at home to Bradford saw six winning bonus leg tickets, the highlight of …
French sports betting provider and operator France Pari has reported further growth in its third quarter, bringing its revenues for the nine months so far in 2014 to Euro 13.1 million, with EBITDA reaching Euro 430,000 and net profits up at Euro 260,000. In its third quarter, the company achieved revenues of Euro 4.1 million, …
Football pools operator Sportech PLC (Sportech) has lodged an application for permission from the Upper Tribunal (Tax and Chancery Chamber) to appeal to the Court of Appeal in relation to a VAT repayment claim on its “Spot the Ball” game. The dispute, which has been running since 2009, refers to a VAT claim of GBP …
With Singapore’s Remote Gambling Act now approved by lawmakers, the industry awaits the implementation of the wide-ranging prohibitions on mobile and online gambling, which are expected to be rigorously enforced. The new law criminalises all remote gambling activity not approved by government, and impacts every sector involved in remote gaming activity, including operators, agents, brokers, …
Thousands of Chinese ruling party and provincial government officials have been shamed and punished for gambling since mid-2013, according to a report in the Shanghai Daily newspaper this week. A report published by the central government reveals that 7,162 officials were punished, based in more than 30 cities and provinces, with east China’s Zhejiang and …
Professional poker player Matt Smith showed last week that he has the ability to make big wins in tournaments other than poker when he scored a million dollar victory in a fantasy sports competition. Fantasy sports, legal in most states, is a rapidly growing phenomenon that is attracting huge numbers of punters frustrated by the …
After seeking legal advice from the state Attorney General, the gaming division of the Colorado Department of Revenue has issued an opinion that “internet sweepstake cafes” are de facto gambling operations that need to be “authorized by a constitutional amendment” approved by voters, and are therefore presently illegal. “Because all three elements: consideration, chance, and …
Awaiting only a positive outcome from current litigation being waged between New Jersey and the national sports leagues that could see the introduction of sports betting to New Jersey (see previous reports), the US operations of Brit bookmaking giant William Hill plc are ready to go, according to manager for American operations Joe Asher. Speaking …
The Athens, Greece software development company Vermantia has launched a new fixed odds virtual betting product titled Virtual Cycling, providing online and mobile punters with an opportunity to place a variety of bets varying in complexity on cycling competitions in spectacular virtual velodromes. Clever use of graphics creates a relevant ambience for the races, including …