Gambling news - page 844

Nevada August revenues down 4 percent

27 Sep 2014

Baccarat has been held responsible for the 4 percent Nevada gambling revenue fall in August. The popular card game had a bumper month in August, but is known for its big swings and volatility opined analyst Michael Lawton. Statewide casinos yielded $920 million in August (August 2013: $955 million) said the Nevada Gaming Control Board. …

Read now

Playstudios to offer cruise prizes

27 Sep 2014

Social casino developer PlayStudios has agreed a partnership with Royal Caribbean International to offer its myVEGAS app players the chance to win accommodation and perks on the Miami-based cruise operator’s fleet of 21 ships through the redemption of loyalty points.

Read now

Golden Nugget Atlantic City take on KGM Gaming

27 Sep 2014

Landry’s Inc’s GoldenNuggetCasino.com will soon carry a range of games through the KGM Gaming – Spin Games partnership for the New Jersey market. This marks the second deal for the collaboration, in March this year, KGM Gaming and Spin Games LLC went live in the New Jersey interactive market in partnership with Caesars Entertainment (see …

Read now

New German sports betting association formed

26 Sep 2014

Leading European sports betting providers have formed the German Sports Betting Association (DSWV). The DSWV’s tenet is to ensure a legally stable sports betting regulation in Germany following years of uncertainty. Former mybet chief executive officer Mathias Dahms, who serves as president of the association, said:  “The current situation is untenable. Our goal is to …

Read now

Mybet sells off Italian operation

26 Sep 2014

mybet Holding SE has sold off its loss making MYBET ITALIA S.R.L. entity by way of a management buy-out to the company’s managing director Gianluca Torricelli. The sale forms part of a restructuring process as mybet attempts to increase profitability by focusing clearly on core markets. The consideration was undisclosed.

Read now

Board changes at Sportech

26 Sep 2014

Sportech’s chief operating officer Ian Hogg (50) has resigned from the Board and will leave the company to pursue other business interests. Hogg will remain an employee of the company until December 31, 2014, a company statement informed. Ian Penrose, Chief Executive of Sportech, said:  “I would personally like to thank Ian for his contribution …

Read now

NextGen to launch Holly Madison slot

26 Sep 2014

American actress and TV personality Holly Madison will feature in a new slot due for release towards the end of the year following an exclusive licencing agreement with NextGen Gaming. Madison is widely known as one of Playboy tycoon Hugh Hefner’s former girlfriends and for her reality TV show Holly’s World. “It’s been a lot …

Read now

Man U and Gloops extend social Gaming partnership

26 Sep 2014

Manchester United Football Club (MAN U) has extended its partnership with Japanese social gaming partner gloops. MAN U’s titled game “European Club Team Soccer Best Eleven Plus” has seen 1.4 million downloads since the beginning of the partnership just over a year ago. In the game, players can assume the role of team manager, recruiting …

Read now

William Hill U.S. teams with Hard Rock Hotel and Casino

26 Sep 2014

William Hill US will operate the Hard Rock Hotel and Casino Lake Tahoe sportsbook allowing sports fans to watch and wager in the William Hill Sports Book venue situated in the new hotel and casino. “Teaming with a world-wide market leader like William Hill guarantees our Hard Rock Hotel & Casino guests have premium race …

Read now

CJEU upholds Danish online gambling tax regime

26 Sep 2014

The General Court of the European Union (CJEU) has handed down a ruling in State aid cases T-601/11 (Dansk Automat Brancheforening v Commission) and T-615/11 (Royal Scandinavian Casino Århus v Commission) who challenged the differentiated Danish tax regime between land-based and online gambling. The ruling confirms that Member States are within legal guidelines and are …

Read now

Scientific Games extends contract with Delaware lottery

26 Sep 2014

Scientific Games Corporation has signed a full extension of its contract with the Delaware Lottery for an additional three years beginning February 1, 2015. Under the agreement, Scientific Games will continue to provide instant games to the Delaware Lottery along with the continued provision of CSP services which include instant game design, marketing services, warehouse …

Read now

Malaysian authorities clamp down on illegal gambling

26 Sep 2014

Malaysian authorities have launched a multi-agency effort at clamping down on illegal gambling dubbed Operasi Banteras Aktiviti Haram (Ops BAH). Agencies involved in the operation include the FT Ministry, Police, National Safety Council, Kuala Lumpur City Hall, Immigration Department, National Anti Drug Agency, Federal Territories Islamic Department, Malaysia National Defence Department, National Water Services Commission, …

Read now

Codere restructures Euro 1.1 billion of debt

25 Sep 2014

Embattled Spanish gaming firm Codere will restructure Euro 1.1 Billion of debt and avoid insolvency following an agreement with creditors. Codere filed for preliminary creditor protection in January and had until this week to reach an accord or start insolvency proceedings. Part of the debt refinancing deal will see founders, the Martinez Sampedro family, give …

Read now

Implementation of UK Gambling Act pushed back

25 Sep 2014

The Gibraltar Betting and Gaming Association’s (GBGA) challenge on the UK Gambling (Licensing and Advertising) Act 2014 which was heard before Lord Justice Green in the High Court this week, (see previous report) has seen the UK Gambling Commission (UKGC) postpone the implementation of the controversial Act until November 1, 2014 despite the court rejecting …

Read now

U.S. online gambling proponent resigns office

23 Sep 2014

California State Senator Roderick Wright (62) has ended his almost 20-year political career following sentence handed down by a Los Angeles judge convicting him of felony perjury and voting fraud charges. Los Angeles County prosecutors claimed Wright had misled voters by pretending to live in the district he represents when he ran for the Senate …

Read now

Revel cuts licence ties to Atlantic City

23 Sep 2014

Atlantic City, the one-time U.S. East Coast gambling capital, had its credit rating cut one level to BBB+ by Standard & Poor’s following a similar downgrade by Moody’s Investor Service earlier this year. The rating cuts follow the loss of potentially five of its twelve casinos this year, despite what was coined the “Atlantic City …

Read now

Beteasy new contender in Aussie market

23 Sep 2014

Former Sportsbet owner, Matthew Tripp, will launch online and mobile betting firm BetEasy into the Australian market Tuesday backed by a “big spending” marketing campaign that coincides with the popular Spring Carnival racing season. Tripp told the Financial Review that his new venture will forgo some profits in order to increase turnover and will not …

Read now

Casino Cruise sets sail

23 Sep 2014

A new Malta-licenced online casino went live this week at Casino Cruise.com. The new destination, operated and managed by OddsMatrix Ltd, offers a range of games from Microgaming, Net Entertainment, Vivo Gaming, and Play’nGo via the EveryMatrix platform. Casino Cruise.com predictably carries a rather average nautical cruise ship theme throughout the website, offers full player …

Read now

Betway becomes title sponsor of World Cup of Pool

22 Sep 2014

Betway and Matchroom Sport have entered into a deal naming Betway as title sponsor of the forthcoming World Cup of Pool, an international team event that determines the world pairs champions. The Betway World Cup of Pool is entering its ninth year and features 32 two-player teams competing in a straight knock-out scotch doubles tournament. …

Read now

World Cup boosts GVC Holdings

22 Sep 2014

Gaming and sports betting group GVC Holdings PLC delivered strong Interim Results for the six months ending June 30 2014 reflected by a special dividend in addition to its quarterly dividend. Key performance highlights include: –     Wagers up 38 percent to Euro 694 million (H1/2013:  Euro 502 million) –     Sports margin 9.9 percent (H1/2013: 10.3 …

Read now

Winner Casino partners West Ham United football club

22 Sep 2014

Winner.co.uk has been named West Ham United Football Club’s partner for the 2014/15 Barclays Premier League season. Under the terms of the deal, Winner has been granted the exclusive right to advertise on the Club’s LED boards at all West Ham United home games. Felicity Croft, commercial director of West Ham United said: “We look …

Read now

South African National Gambling Board suspended

22 Sep 2014

The entire South African National Gambling Board was reportedly suspended earlier this month pending the outcome of a forensic investigation. Minister of Trade and Industry Rob Davies ordered the suspension but reasons for the suspension are not forthcoming and remain sketchy. Media relations spokesperson for the Trade and Industry Department Sidwell Medupe told iAfrica.com: “The …

Read now

666Bet to sponsor Joshua MBE’s first title fight

22 Sep 2014

Online bookmaker 666Bet has partnered in a sponsorship agreement with Matchroom Boxing for Olympic gold medallist Anthony Joshua MBE’s first title fight against Dennis Bakhtov. The WBC International Heavyweight title will take place as part of Matchroom’s ‘Moment of Truth’ event at London’s 02 Arena on Tuesday 11th October. Under the terms of the deal, …

Read now

Betbutler appoints insolvency firm

21 Sep 2014

The saga of the beleaguered betting concierge BetButler continues as the company appoints insolvency practitioner, InsolvePlus following the revocation of its UK Gambling Commission operating licence (see previous reports). The business previously run by a former director of Farepak William Rollason and now director Andrew Hosie, owes customers GBP 500 000. “BetButler’s customers and their …

Read now