Gambling news - page 849

Who is GameAccount’s latest U.S. land client?

8 Sep 2014

Irish online gambling software provider GameAccount is rather coy in a statement issued Monday, advising that an unnamed US land casino operator has become a client for its B2B Simulated Gaming package. Describing the client as “a multi-State US casino operator,” GameAccount reveals that the deal involves the provision of its Simulated Gaming online product …

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Questions on William Hill’s Aussie financial dealings

7 Sep 2014

The Australian newspaper The Age raised questions over the weekend regarding manner in which online bookmaker William Hill has structured its Australian financial affairs. The top British betting firm’s Aussie interests are managed by high profile Sydney bookie and gambling personality Tom Waterhouse as local CEO after William Hill acquired Sportingbet, and Waterhouse’s online wagering …

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FOBT row over Spamalot theme

7 Sep 2014

Veteran Monty Python comedians John Cleese, Michael Palin, Terry Jones, Terry Gilliam and Eric Idle were surprised to find themselves at the centre of controversy over the weekend over the use of their hit show “Spamalot” concept as a theme for Ladbrokes fixed odds betting machines. The many and vociferous opponents of FOBTs were quick …

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Utah senator on state’s right

7 Sep 2014

A Senator from the notoriously anti-gambling and conservative state of Utah (that’s the home state of Representative Jason Chaffetz, who is trying to resurrect the Wire Act and ban online gambling) has opined that states’ rights should be respected….but not when it comes to online gambling. In an interview with Reason.com over the weekend, Mike …

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German telecom giant readies launch of online sports book

7 Sep 2014

Deutsche Telekom is readying a move into online sport betting after agreeing to buy a majority stake in Deutsche Sportwetten GmbH, a betting company previously owned by an Austrian gambling company, which reportedly intends to remain as a minority shareholder. Confirming the reports in German media Saturday, a spokeswoman for Deutsche Telekom said: “The sport …

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Betfair cleared for continues New Jersey operation

6 Sep 2014

Online gambling group Betfair will be permitted to continue operating online in New Jersey when its partner, Trump Plaza, shuts down later this month, says the New Jersey Division of Gaming Enforcement. Bloomberg business news reports that the DGE has signed an order allowing the company to continue operating its online casino while its land-based …

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More online gambling acquisition rumours

6 Sep 2014

The Wall Street Journal triggered a wave of interest and speculation this week by reporting that the Permira private equity group is in preliminary acquisition talks with online gambling group 888 Holdings plc, quoting “reliable” insider sources. The two organisations have neither confirmed nor denied the possibility, encouraging further rumours. The WSJ report surmises that …

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SBObet opts out of British market

6 Sep 2014

Isle of Man-based but mainly Asian-facing online sportsbook SBObet has followed the Mansion group in opting out of the UK online gambling market due to the forthcoming regulatory point-of-consumption regime. Like Mansion, SBObet has communicated with its British players, advising them it will close its virtual doors September 15. The company made no bones about …

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Isle of Man deal with British taxman good for online gambling operators

5 Sep 2014

Thanks to a cooperative deal between the Isle of Man and British governments, online gambling operators licensed in the Isle of Man and accessing the UK market will not be required to appoint a UK representative to account for any general betting duty, pool betting duty or remote gaming duty liabilities which may become due …

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Fuga the latest developer to use Odobo

5 Sep 2014

Odobo, the Gibraltar-based mobile platform that assists developers deliver their products to the mobile market, has signed land-based games developer Fuga Gaming Technologies, and will help it distribute its HTML5 versions of some 70 titles. The developer’s games have achieved popular status in land-based casinos and on cruise ships, and comprise  video slots, table, poker …

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Online sportsbook to sponsor Bundesliga team

5 Sep 2014

Betit’s SuperLenny.com sportsbook brand has announced an agreement that will see it becoming the platinum sponsor of German Bundesliga newcomer SC Paderborn 07 for the 2014-2015 football season. SuperLenny has attracted the punters’ attention with its irreverent approach to online sports betting and offbeat website presentation, and the publicity and television exposure, which includes the …

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Fantasy sports firm raises more capital

5 Sep 2014

Investor confidence in both fantasy sports and FanDuel is high following the company’s announcement this week that it has successfully closed a $70 million Series D funding round led by Shamrock Capital Advisors, with NBC Sports Ventures and investment firm KKR participating. The round was also well supported by existing investors Comcast Ventures, Pentech Ventures, …

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Chaffeur arrested in Taiwan gambling murder case

5 Sep 2014

A Taiwanese man believed to be involved in the kidnap and murder of his gambling entrepreneur boss, Shih Chia-chin last month (see previous report) has been arrested in Thailand, according to reports from the Agence France Presse news agency. Hsieh Yuan-hsin (39) was Shih’s chauffeur and picked him up at an airport on his return …

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Shareholders uncomfortable with executive bonuses at Betfair

5 Sep 2014

Betfair’s very creditable Q1-2015 performance results this week (see previous  report) have been overshadowed by reports in major UK newspapers that many of the company’s shareholders are uncomfortable with the generous pay and bonus deals doled out to top executives. The Guardian newspaper reported Friday that a third of shareholders in the online betting firm …

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U.S. sports league hypocrisy

5 Sep 2014

Making headlines in mainstream and sports-oriented media across the United States late Thursday was the startling opinion of Adam Silver, commissioner of the US National Basketball Association, who acknowledged that the expansion of sports betting beyond the restrictions of the federal Professional and Amateur Sports Protection Act is inevitable, and that his organisation will “participate.” …

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Kenyan power struggle over online gambling licenses

5 Sep 2014

Kenya’s Betting Control and Licensing Board and the Council of Governors, which represents the counties (provinces) in the East African nation, appear to be on a collision course over who should be overseeing the issue of licenses. The problem seems to be rooted in government notice  137/2013 issued in August last year, which granted autonomy …

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Expansion the name of the game at AGTech

5 Sep 2014

Online sports lottery provider Agtech has given analysts and investors a glimpse of its expansion plans in a brief and generally worded filing with the Hong Kong Stock Exchange, which highlights: * Improved Q3 results on the virtual sports lottery front; * Nearing agreement with an unnamed Chinese company that it intends to acquire; * …

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Dates for next KPMG e-gaming summit announced

4 Sep 2014

KPMG Isle of Man has announced that the fifth edition of its eGaming Summit is to take place on 11th November at the Villa Marina, Isle of Man. The full day Summit will bring the sector’s major players and service providers together to discuss the Island’s potential in the global marketplace, with this year’s featuring …

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Microgaming launches new golf-themed tournament slot

4 Sep 2014

Microgaming’s latest online slot, The Argyle Open, is a golf-themed five reel, 40 line game centred on a three-stage tournament bonus, triggered by three or more scatter symbols. Once triggered, punters must choose from one of five pro-golfers to take to the green to play just one hole, the aim of which is to putt …

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IGT slot deployed in social gaming site

4 Sep 2014

Today (Thursday) marks the first time IGT’s Wheel of Fortune Double Diamond slot game is available across all platforms including social and mobile devices. “DoubleDown Casino brings the authentic Wheel of Fortune slot machine experience to the mobile and desktop environment, enabling fans of the most popular slot machine of all time to experience their …

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Academy for betting in Malta

4 Sep 2014

Maltese Parliamentary Secretary for Economic Growth Jose Herrera said the possibility of establishing an academy for betting is under Government consideration. Herrera would like to see more Maltese citizens employed in the industry saying the younger demographic is very attracted to the remote gaming industry but a gaming specific university course is unavailable. “Malta is …

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Cashbet signs trio of content deals

4 Sep 2014

Alderney-licenced real-money gaming platform provider CashBet will incorporate gaming content from Aspect Gaming, iSoftBet and Revolver Gaming into UK app market for PC, iOS and Android devices following deals announced this week. In addition, iSoftBet and CashBet will jointly pursue approvals to operate gambling using iSoftBet content powered by the CashBet platform in the State …

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Stormy weather ahead for German state treaty on gaming?

4 Sep 2014

The recent, and controversial, award of twenty online sports betting licenses in Germany under the auspices of the German State Treaty on Gambling (see previous  reports) continues to make waves, with the state of Schleswig Holstein expressing concern over the possibility of legal actions by major companies that were refused licensing. Our readers will recall …

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Big win for PlayEuroLotto

4 Sep 2014

A 34-year-old Slovakian man is celebrating after winning Euro 284,245.52 via the online lottery betting service PlayEuroLotto. The player, who wishes to remain anonymous, lives close to the town of Michalovce in the eastern region of Kosice, and bagged the second tier prize on 8th August in the popular pan-European lottery EuroMillions. PlayEuroLotto, which has …

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