Gambling news - page 852

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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Online fantasy football finds the Isle Of Man

4 Sep 2014

Former eBay, Amazon and Time Warner executive and erstwhile head opf digital at AS Roma football club, Shergul Arshad, has entered the burgeoning fantasy sports sector with his Isle of Man-based company Mondogoal. The platform provides fantasy football fans with opportunities to compete and win through daily services, echoing the success achieved in the United …

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Land operators warned on underage gambling problems

4 Sep 2014

The UK Gambling Commission has again warned land gambling operations in Britain to tighten up their retail shop control systems against underage betting. The new warning comes after a series of anonymous test probes by the Commission and local authorities, a process which was carried out last year with similar results. The Commission reported on …

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New Czech-focused online casino

4 Sep 2014

Bohemia Casino.com is the latest arrival on the Czech internet gambling scene, featuring a wide range of games from Net Entertainment and Play’nGo. The enterprise is operated by Plus One Dreams Ltd, a company licensed by the LGA in Malta.

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Nevada Gambling Control Board approves Las Vegas data centre

4 Sep 2014

Las Vegas-based Cobalt Data Centers has been licensed by the Nevada Gaming Control Board to host gaming operations embracing odds, bets and other regulated gaming at its Cheyenne Data Center. The company is now a registered hosting centre in Nevada, meaning that operators in the state can entrust mission-critical gaming applications, including authorised wagering systems …

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Virginia police official against restoration of the wire act

4 Sep 2014

Kevin Carroll, the president of the Fraternal Order of Police of Virginia professional association, is the latest influential US personality to object to Adelson-funded political attempts at federal level to ban most forms of online gambling. In a letter to the Richmond Times-Dispatch, Carroll references the Restoration of the American Wire Act proposed to Congress …

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Borneo police destroy gambling computers

4 Sep 2014

The destruction this week of 385 computer sets and other equipment seized in online gambling raids by the police in Borneo once again highlights the energy that enforcement agencies in the region are devoting to the elimination of online gambling. Supervised by police officers, the largely new equipment was battered into pieces by a front …

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New online slot from Playtech

4 Sep 2014

The rare and legendary white lions of Africa feature in the theme of a new 5 reel slot from online gambling software provider Playtech, which is believed to be nearing release. The “Mysterious White King” game offers stacked wilds and free games that can re-trigger indefinitely in a mix that is likely to generate player …

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Significant interest in UK online gambling licensing

4 Sep 2014

With the September 16 application deadline looming, it appears that many well-known online gambling operators are opting for a UK licence under the new point-of-consumption licensing law. A cursory look at the Gambling Commission list of applicants this week revealed that 880 applications (and counting) have been received, among them well known and respected websites, …

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Great expectations for Scientific Games – Bally Tech merger

4 Sep 2014

The forthcoming merger of Scientific Games Corporation with Bally Technologies will deliver more revenue and profits, much of it through early and easily achieved synergy gains, Scientific Games has asserted in a filing with the U.S. Securities and Exchange Commission this week. The two companies are among the gaming and lottery industry leaders, and the …

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World Cup football drives record revenues for Betfair

4 Sep 2014

Betfair plc posted its first quarterly results for its financial year 2015 Thursday, detailing key performance indicators for the three month period ended 31 July 2014. Highlights of the interim management statement include: * Revenue up 30 percent to GBP 117.3 million driven by a strong FIFA World Cup and continued momentum across all products; …

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New Paddy Power chief executive appointed

4 Sep 2014

The directors of the land and online gambling group Paddy Power have announced the appointment of Andy McCue as Chief Executive Designate, and a director of Paddy Power plc, with immediate effect. McCue will succeed the current chief executive, Patrick Kennedy, on January 1st 2015. Kennedy announced his intention to step down as at the …

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DMG Media sells Metro Play

3 Sep 2014

DMG Media has sold its online casino Metro Play to Hexagon Contracts’ Isle of Man-licensed operation 666Bet for an undisclosed consideration. Under other terms of the deal, 666Bet will reportedly receive discounted advertising rates from DMG Media who own Daily Mail, Metro and The Mail on Sunday publications. 666BET will reportedly transfer the sportsbook from …

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