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 …
High 5 Games have launched four new titles to New Jersey online gamers through its partnership with Gamesys on Tropicana Casino.com and Virgin Casino.com. Golden Knight, The Amulet and the Charm, The Mighty Atlas and The Lovely Outlaws join Shadow of the Panther, Dangerous Beauty, Jaguar Princess, Sirens, The Dream, and The Vanishing Act which …
The UK Football Association (FA) has released a series of video clips as part of a campaign aimed at educating the public regarding the worldwide betting ban which came into force on August 1, 2014 (see previous reports). The new betting rules apply to players, managers, club employees and match officials and cover both domestic …
Scientific Games subsidiary Williams Interactive has launched its second social casino game titled Gold Fish Casino Slots across multiple platforms. Williams Interactive’s first social offer was the introduction of flagship brand Jackpot Party Social Casino games just on two years ago. The app contains a host of player-favourite and contemporary slot games already popular in …
Instant-win games provider Inchinn has signed on to provide its portfolio to Odobo’s developer programme. The London-based firm, who currently provides content to the UK National Lottery, will supply Odobo with titles such as Invader Cash, Cash Cowboy and Payout Pest. “As a leading content supplier to the UK’s National Lottery and a studio brimming …
Recent media reports of massive online gambling ring shutdowns by Chinese police would appear to support the views of former FIFA security chief Chris Eaton, who claimed in an interview this week that Macau and Hong Kong are the hubs for a massive Asian illegal online gambling industry. Speaking to the South China Morning Post, …
Last week’s approval by shareholders of Amaya’s takeover of the Oldford-Rational group and its market-dominant online poker subsidiaries Pokerstars and Full Tilt largely completed the conditions necessary for the sale but represent just the beginning of a potentially massive international future for the company. Major obstacles envisaged for the $4.9 billion takeover, due to complete …
Complaints about the pervasiveness of gambling advertisements and the questionable nature of some campaigns and individual ads are becoming all too common, as evidenced by the frequent Advertising Standards Authority corrections, and the Remote Gaming Association has spoken out on the issue. The trade body, which represents the interests of most of Britain’s quality online …
A major US gambling industry deal was revealed Friday when Scientific Games Corporation announced that it has entered into a definitive merger agreement whereby it has agreed to acquire all of the outstanding Bally Technologies common stock for $83.30 in cash per share, representing a 38 percent premium to Bally’s closing stock price on July …