Taiwanese online and land gambling entrepreneur Shih Chia-chin would have had no idea that he was taking his last car ride when he was picked up from the northern airport of Taoyuan on Aug.18 by his chauffeur, Hsieh Yuan-hsin. A few hours later his company accountant was contacted with a ransom demand of Tw$50 million …
Odobo’s games delivery platform has pulled in another major European i-gaming customer with its announcement that it has signed a multi-content online gambling content deal with Unibet plc, which will see Odobo content published through Unibet i-gaming brands. The new deal widens Odobo’s scopjue for game distribution particularly in Northern Europe and Nordic regions, where …
Gibraltar-based Optima, a B2B supplier of turnkey sports betting and gaming solutions, has announced a significant investment into GTech’s MarginMaker sports betting platform, along with the acquisition of a perpetual licence to support the MarginMaker sports betting and gaming services business. Jacob Curciel, CEO of Optima, explained Tuesday that the agreement had two main elements: …
The up-and-coming New Jersey online gambling software developer High 5 Games has chosen Continent 8 Technologies’ Gibraltar datacentre as its operational platform for continued penetration into the European market. In a press release this week the software developer says that Continent 8 is one of the most secure and well equipped hosting centres available, and …
Figures released by the Delaware Lottery this week show that intrastate online gambling net revenues again declined month-on-month in July, slipping 7.6 percent to $173,000 (June 2014: $187,000). Amounts wagered dropped 38 percent month-on-month to $5,510,993 (June 2014: $8,844,489). There was a positive; the online poker net revenue component at $31,397.57 was around 22 percent …
Whilst not specifically online gambling associated, an internet security breach in the South Korean general i-gaming industry is causing concern due to the sheer volume of players that have likely had personal information stolen. Information Week reports that the authorities are still investigating the widespread breach of personal information on some 27 million online gamers, …
Philippines gambling regulator and operator Philippine Amusement and Gaming Corporation (PAGCOR) has reported first half 2014 revenues down y-o-y 5.2 percent to pesos 19.96 billion ($445 million), attributing the decline in part to its action in temporarily reducing licence fees for Manila Entertainment City operators. The reduction saw licence income decline 26 percent to pesos …
The Hellenic Republic Asset Development Fund has requested an improved offer from the Consortium “Intralot (SPV No. 1) Limited” and “Intralot (SPV No. 2) Limited” for the exclusive right to organise and operate mutual betting on horse races in Greece. The Consortium submitted an offer of Euro 5 250 000 on July 31, 2014 which …
The Rational Group has entered into a multi-year content supply deal with game developer Quickspin enabling access to Quickspin’s entire portfolio of casino games. “We are very proud and honoured to add The Rational Group to our list of renowned gambling operators. It is very exciting to take part in their Casino journey at such …
WantedPlay Limited’s Class 3 on 4 remote gaming licence LGA/CL3/800/2012 has been suspended by the Maltese Lotteries and Gaming Authority (LGA). The LGA declined to release the reason for the suspension saying “no further information will be released at this stage in order not to compromise any investigations that may need to be performed”. WantedPlay …
NYX Interactive has entered into a deal with Spin Games LLC for the distribution of Spin poker, keno, bingo and slot game content via its OGS platform. “We are excited to be working with the team at Spin. Their regulatory focus and innovative design capabilities makes them an ideal partner for NYX” said Matt Davey, …
Six Ho Chi Minh City locals were arrested in a Vietnamese Ministry of Public Security led raid on the eve of the World Cup Quarter Finals, authorities said. The online football betting syndicate, who allegedly catered to “thousands” of gamblers, placed bets through M88.com. Tracking of the online operation, which began at the start of …
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 …