888 Holdings chief executive Brian Mattingley remains bullish on the prospects for his company’s online sports betting venture 888Sports, telling reporters in a conference call Wednesday that his company’s Emerging Offering division, which includes the sportsbook product, generated $7 million in revenues – up 15 percent – in Q2-2014. “Our Sports betting offer once again …
Through its licensing agreement with Universal Partnerships & Licensing, Microgaming has released its much anticipated Jurassic Park online slot via download, Flash and Quickfire platforms today (Wednesday). The game features 243 ways to win across five reels and transports the player to a bygone era using 3D-rendered imagery, environmental animations and realistic, quality audio. During …
Sports betting provider SBTech has inked an exclusive multi-year deal with TGP Europe Ltd for the provision of a turnkey sports betting solution for the company’s white label operation. TGP Europe, owned by TGP Holdings part of the Sun City Group, a major provider of live dealer casinos in Asia will switch from its current …
Wei Seng “Paul” Phua and his son, Darren Wai Kit Phua entered a plea of not guilty in Federal Court this week in response to a Felony indictment of transmitting illegal wagering information and operating an illegal gambling business (see previous reports). Paul Phua, a Malaysian national and professional high stakes poker player is alleged …
The British online gambling group Bet365’s venture into the Australian market is proving to be an expensive business, with the usually successful company reporting losses of A$40.8 million in its 2014 financials, said to be generated mainly by start-up costs. The latest result takes the online betting company’s accumulated losses to A$77 millon in just …
The Ministry of Finance of the Republic of Croatia has accredited NMi to perform online and land-based games testing. Julian Borg-Barthet, Business Development Manager for the NMi Gaming Division said that the Balkans were an important area for the company and furthers the company’s strategy to be present in all regulated markets worldwide. NMI recently …
Rational Group’s general counsel and executive Paul Telford will leave the company on completion of the Amaya Gaming Group acquisition. Telford said the years following Black Friday had been pressure-filled and he’d chosen to take this opportunity to make up for lost time with his family. He stressed his decision was personal and was not …
Listed company Kambi Group plc posted strong inaugural Q2 and first half year 2014 results following its spin-off from the Unibet Group. Key performance highlights for the second quarter include: – Revenue amounted to Euro 9.5 million (Q2/2013: Euro 4.8 million), up 97 percent. – Operating profit (EBIT) was Euro 0.8 million (Q2/2013: – Euro …
Scientific Games Corporation turned in a strong performance in terms of revenue but incurred a net loss of US$72.4 million attributed to the early extinguishment of debt and high expenses. Key performance highlights for the quarter ending June 30, 2014 include: – Group revenue increased to $416.9 million (Q2/2013: $235.0 million), up 77 percent – …
Stefan Olsson, chief executive officer of solution provider InstaDeal has hailed this past quarter as it’s “most expansive” yet with five new turnkey sites and the deployment of several bespoke development projects. The InstaDeal Turnkey platform has undergone extensive development and supports new poker network as well as direct banking payment provider Trustly. “The core …
It appears that online gambling group 888 Holdings is pulling out of the Dutch online sports betting market, which is currently moving toward legalisation early next year. In a notice on its website, the company advises affiliate marketers that, “pursuant to recent developments in The Netherlands,” it is instructing that affiliates must, with immediate effect, …
The monumental statue of Christ the Redeemer that has become synonymous with the city of Rio de Janeiro in Brazil and the recent World Cup football in that country, was in the news again this week when the UK Advertising Standards Authority slammed betting company Sporting Index on its use of a particularly insensitive advertisement. …
Prosecutions associated with the use of offshore internet sports betting site Beteagle (see previous reports) continued this week in New Jersey, with Bayonne defendant Eric Patten (37) pleading guilty to an offence under the federal Racketeer Influenced and Corrupt Organizations Act (RICO). Patten’s plea was accepted, and he will be sentenced in December this year …
Celebrity US businessman and entrepreneur, Donald Trump has filed a lawsuit in the state Superior Court for Atlantic County seeking to have his name removed from the branding and titles on two Atlantic City land casinos, Trump Plaza and the Trump Taj Mahal, both the property of Trump Entertainment Resorts. The Associated Press news agency …
It appears that the Russians have decided that the volatile virtual currency Bitcoin is not for them; this week the Ministry of Finance announced that it is currently drafting a bill that will prohibit the issue or use of the currency in terms of Article 27 of federal Russian law. The Ministry notes that in …
The latest operator to launch on the burgeoning Asian online gambling scene is the Curacao-licensed Infinitybet.com, operated by Infinity Interactive NV and offering a wide range of sports and racing live-bet wagering, along with online and live dealer casino action powered by games supplier BetSoft Gaming. The racing vertical should have some appeal for the …
Inspired Gaming Group has entered into a game development partnership with English fantasy author and entrepreneur Ian Livingstone. Livingstone is the co-founder of the popular series of Fighting Fantasy role-playing gamebooks and the author of numerous books within that series. He is also one of the co-founders of British game production and retailing company Games …
Elray Resources Inc. (Elray) has launched a proprietary virtual horse racing product on simvracing.com. The game was built utilising input and advice from horse owners, breeders, jockeys, handicappers and patrons of horse racing delivering a virtual experience that makes it difficult to separate from an actual live experience, Elray said. “We have worked tirelessly to …
Interactive gaming firm NetPlay TV plc has announced the appointment of Bjarke Johannes Lund Larsen to the Board and role of Commercial Director. Bjarke assumes his new role with immediate effect. He has been with NetPlay since 2007 and most currently served as chief operating officer of subsidiary NetPlayTV Group Ltd. “Having been with the …
British online gambling software developer Realistic Games has become one of the first producers of slots and table games to be granted a Remote Gambling Software Operating Licence by the UK Gambling Commission. The company is now among only a handful of suppliers who have the required licensing in place to comply with the new …
888 Holdings plc has posted its Q2-2014 and H1-2014 results, showcasing another strong performance and a record-breaking half year that has included: * Q2-2014 Group revenue up 15 percent to US$111 million (Q2 2013: US$97 million); * Q2-2014 revenue B2C up 11 percent to US$95 million (Q2 2013: US$85 million); * Q2-2014 revenue B2C Casino …
In a widely publicised interview with GQ magazine scheduled for publication in September, former England football star Gary Lineker calls for tighter restrictions on sponsorship and advertising in sports by alcohol and betting brands. Lineker says he practices what he preaches, and has rejected several offers to front for alcohol and gambling companies, because he …
Online gambling games developer World Match has released its latest 3d, animated high definition online slot, which takes players back to the nineteenth century and is titled 80 Day Adventure. The game has a Phineas Fogg feel to it as it uses the theme to take players around the world on a great adventure, keeping …
The Leeds, UK-based online and mobile betting group Sky Betting has launched a major new marketing campaign under the tagline “Are You In?”, which will use all media channels to push the message to punters. Created by the garryowen agency and planned for launch in synch with the start of the English Football Premier League …