Greek gambling firm OPAP has forewarned that a Euro 21.6 million ($28.5 million) retroactive tax will have an impact on its second quarter results due to be released later this week. According to Reuters, OPAP said in a bourse filing that it had appealed to the Greek Finance Ministry for a reduction in the tax …
Swedish online gambling software provider Net Entertainment NE AB has inked a content agreement with UK focused Betfair, one of the world’s largest international online sports betting operators. Founded in 1999, Betfair is a pioneer in online gaming holding gambling licenses in Gibraltar, Malta, Spain, Italy, the United States and Australia. Betfair’s revenues amounted to …
It’s not hard to lose sight of the potential of Atlantic City amid the current doom and gloom reports of failing income and land casino closures, but the New Jersey Division of Gaming Enforcement had some positive news Friday when it announced that second quarter overall gross operating profits by Atlantic City’s 11 operating land …
Las Vegas Sands’ multi-billionaire owner Sheldon Adelson has been making headlines with his implacable opposition to online gambling in the United States, but he may face a more formidable foe to his company’s expansion in Florida. The investment publication Motley Fool reports that the Walt Disney World Resort in Orlando is a cornerstone of Disney’s …
Speculation is currently rife on several player forums regarding unheralded changes at the Club Gold online casino, which has reportedly dumped a mixed platform of NetEnt, Microgaming and BetSoft games for the largely unknown Hawk Gaming (Hawk.gs) product. Further intriguing players are allegations from former staff members that they were dismissed with little notice or …
Jumbo Interactive, an Australian publicly listed company whose core activity is international online lottery operations, has reported declines in revenue and profits which it attributes to lower jackpot activity. Posting its FY results to end June, Jumbo reported y-o-y revenues down 4.2 percent at A$24.13 million, and profits after tax of $2.78 million, a decline …
The New Jersey intrastate online gambling market may soon have an additional operator, judging by the publication of a “coming soon” website for land casino Resorts Atlantic City at Resorts Casino.com. The site is currently garnering emails from interested parties, a typical tactic when an online casino operation is nearing launch phase. Resorts Atlantic City …
Police in Vietnam have reported arresting a would-be supplier of marked cards for gambling cheaters, but those who use these may have found that their winning streak was a lot hotter and more dangerous than they thought possible. The cards were marked with radioactive material generating radioactivity levels at least 30 times greater than the …
Betting content and systems developer Betdigital has been awarded a Remote Gambling Software Operating Licence by the UK Gambling Commission, and joins a select few suppliers that have the necessary licensing to meet the terms of Britain’s new Gambling (Licensing and Advertising) Act ahead of October’s introduction. The Act requires operators who provide remote gambling …
Another US state – this time Georgia – has come out against proposed federal bills seeking to ban online gambling in the United States by resurrecting the Wire Act. The bills, launched by Republican politicians Senator Lindsey Graham of South Carolina and Representative Jason Chaffetz of Utah, and currently stuck in committee stage, are believed …
The chairman of online gambling group Unibet’s board of directors, Anders Ström, sold 930,000 shares in the company earlier this week through his company Anders Ström Core Holdings (ASCH). The shares constitutes 3.3 percent of the shares and voting rights in the company, and were sold to institutional investors. ASCH remains invested to the tune …
Details remain sparse on a big progressive jackpot hit Tuesday at an as yet unknown Microgaming-powered online casino, where one fortunate player is GBP182,804 wealthier following a big hit on the Treasure Nile slot. The casino has yet to confirm the hit and provide details on the lucky player and how he or she made …
With momentum increasing in Japan for the introduction of land casino resorts, concerns are rising on the dangers of problem gambling following a study by the Ministry of Health, Labour and Welfare. The publication Japan Today reports that the study found that around 5 percent of the population – about 5 million individuals – “may …
Net Entertainment’s latest internet slot releases have themes that showcase electrifying labs and vampires in games titled Attraction and Bloodsuckers. Attraction invites players deep underground to a secret lab where electricity goes ‘Wild’. This magnetic game is set in a dimly lit lab filled with computer screens, tangled wires and glowing lights. Reels are highlighted …
Finland’s national gaming operator Raha-Automaattiyhdistyshas (RAY) has launched a new live dealer service from Playtech, located in its own purpose-built studio within its Espoo headquarters, and featuring a new presenter concept. The new development has further extended RAY’s existing long-term relationship with Playtech and features unlimited Blackjack and Roulette tables. The initial launch includes Playtech’s …
One of Australia’s leading online and land betting groups, Tatts, has posted full year results that will be disappointing for shareholders, reporting a 19 percent y-o-y drop in net after tax profits for the twelve months ended June 30 2014. Talking points in the firm’s report include: * Net profit after tax down 19 percent …
Online casino operator CasinoRoom has announced the addition to its already bulging games inventory of Aristocrat products that include new offerings like Choy Sun Doa, Queen of the Nile II and Where’s The… Gold. “We have great expectations on our new gaming provider Aristocrat Gaming, with their extensive experience and main purpose of creating the …
Operator and supplier of pools and tote betting services, Sportech plc, has posted its interim results for the six months ended 30 June 2014, highlighting the success and growing momentum of its activities in the United States. The report claims: * Good strategic progress in securing new contracts and acquisitions * Progress made in rolling …
Thanks to his generous executive contract, Ladbrokes CEO Richard Glynn has been rewarded with 759,958 shares – worth more than a million pounds sterling at current share prices – despite the weak performance of the company reported last week, where profits fell by almost 50 percent (see previous report.) The reward is contingent on how …
Scientific Games Corporation, parent group of the land and online gambling supplier WMS, has announced the appointment of Deron Hunsberger as senior vice president, North America Sales, WMS Gaming. In his new role, Hunsberger will lead sales, participation and leasing, sales support, and marketing for the WMS Gaming business throughout the United States and Canada. …
The Canadian provincial government of Nova Scotia is abandoning a responsible gaming tracking system for video lottery terminal players after concluding it’s not meeting objectives. The system will be taken down early in September. The My-Play system was introduced in April 2012 and required players to insert cards into the VLTs that allowed them to …
The games deal signed earlier this year between Bwin.Party subsidiary Win Interactive and Thunder Valley Casino Resort owners United Auburn Indian Community in California (see previous report) has seen the first Win Interactive game delivered to the Slots Craze app. The game is now available on Facebook, iOS and Android, with Thunder Valley’s general manager, …
Full Tilt’s expanded offering of online casino gaming continued apace this week with the announcement that Swedish developer Quickspin is to make games available to a Full Tilt inventory that already includes a wide selection of Net Entertainment and Leander casino products. Quickspin chief executive Daniel Lindberg said the deal encompassed his company’s full portfolio …
The UK online and land betting group William Hill plc is expanding its football sponsorship strategy with gusto, it seems; following an agreement to sponsor Aston Villa earlier this week (see previous report) it announced Wednesday that it has also inked a deal with Crystal Palace FC for the 2014-2015 season. Crystal Palace chairman Steve …