The major French online and land gambling group Pari-Mutuel Urbain (PMU) has posted disappointing H1-2014 results despite this being a World Cup football year, reporting that revenues declined 2.4 percent to Euro 1.26 billion. The decline is mainly attributable to the company’s core horse racing activities, where revenue fell 2.9 percent to Euro 1.1 billion …
NEW GAMES FOR BITSTARS AmatIc supplies 20 new games for online casino. Online casino operator Bitstars.net has augmented its SoftSwiss gaming suite with 20 new desktop and mobile games from the German supplier Amatic Industries GmbH, which is perhaps better known as a land gambling games provider. Bitstars manager Nikolica Vadaski says his company is …
US identity and geo-location technology provider LaserLock Technologies has signed a ten year contract, worth $7 million, with an unidentified Mexican gaming company that will see LaserLock’s VerifyMe Identity Services authenticating players in online casinos. The need for strong authentication in this area has increased due to recently passed anti-money-laundering legislation in Mexico, a company …
Continued weakness in casual play was the root cause for the weak performance of the Boyd Gaming group, said CEO Kevin Smith this week as he revealed that the US gambling group had suffered a decline in profit and revenue in the second quarter. Group profits were significantly down, declining from $11.6 million in Q2-2013 …
Speaking to Kentucky.com Thursday about a pending deal to acquire 25 percent of Saratoga Harness Racing Inc., executives from Churchill Downs said the agreement carried with it valuable online gambling advantages. Churchill CFO Bill Mudd said the deal includes a management contract for land casinos in New York and Colorado, and is “strategically important because …
Online payment processor Optimal Payments, parent group of Neteller and Netbanx, has appointed Dennis Jones as its new non-executive chairman, alongside two new directors following the resignation of non-executives John Bateson and Jonathan Comerford, the latter having served as interim chairman since November last year. The new directors are Ian Jenks and Andrew Dark. Jenks …
Online gambling software provider Play’n GO has announced that its mobile and Flash games are now available to Italian online punters on the website of major internet operator Microgame. Confirming the debut of the games this week, Microgame general manager Marco Castaldo said: “We are very excited to be the first to offer Play’n GO …
The Irish Independent reported Thursday that the personal details of over 649,000 online punters using the land and online services of major bookmaker Paddy Power prior to 2010 may have been compromised in a serious data breach that may have impacted up to 29 percent of the 2010 customer database. The newspaper said that about …
Another senior manager has left the BetVictor group following the change in ownership earlier this year (see previous report), with customer relations manager Leonard Judkins departing last month to join Lottoland, a lottery company also based in Gibraltar, in a similar capacity. Judkins, who had been at BetVictor for just over a year, is a …
In Britain, BBC One has commissioned a new three-part documentary series on retail gambling in the UK under the working title The Bookies, which will, according to spokesmen, go behind the scenes at major land and online bookmaking firm Coral. The series will follow the lives of punters who gamble thousands, to those who place …
The Northern Ireland Football League has signed a long-term contract with Trackchamp, a joint venture between Bwin.Party Digital Entertainment and Chyronhego, making the streaming and data company the NIFL’s official partner. Trackchamp produces real-time streaming video with graphics and will collect performance data for every Danske Bank Premiership game from the start of next season. …
Portugal’s bid to liberalise and regulate its online gambling market moved another important pace forward this week with the news that the national parliament has approved the empowering legislation, which gives the proposed regulator (see previous reports) 180 days to set up shop and frame the regulations and tax and licensing process. The European Commission’s …
New Jersey governor Chris Christie is again the man on which the Garden State’s sports betting legalisation hopes ride following the overwhelmingly strong positive vote for legalisation in both the state House and the Senate earlier this month. It’s a long-running story for New Jersey, which has been trying unsuccessfully to persuade a series of …
Three US Senators associated with Sheldon Adelson’s bid to get online gambling federally banned in the United States have made the latest move in the campaign against internet gambling…a letter to US Attorney General Eric Holder urging him to support the Graham-Chaffetz federal bills seeking a restoration of the Wire Act as a vehicle to …
Amaya Gaming shareholders were asked for – and gave – their approval for the Oldford-Rational Group acquisition deal Wednesday at a special general meeting called by the company. The acceptance of the deal by shareholders is an important step forward in the acquisition process and follows the regulatory approval obtained earlier this week (see previous …
Hans Fajerson, 20.2 percent share holder of Mr Green & Co has stepped down from the Board with immediate effect to focus on other projects. Mr Green & Co AB’s Board now comprises chairman Tommy Trollborg, co-founder Henrik Bergquist and Per Norman, following Fajerson’s departure.
Asian-facing sportsbetting operator 12Bet has been named official shirt sponsor of Barclays Premier League F.C. Hull City for the next two years. The Hull City club shirt will feature the 12BET logo as they compete in the Barclays Premier League providing the sportsbetting firm a strong platform to reach fans in 200 territories through live …
The UK Advertising Standards Authority (ASA) has sanctioned Ladbrokes for a banner ad that appeared on sportsbeta.ladbrokes.com. The promotion which offered “UP TO £500! IN FREE BETS ON LADBROKES EXCHANGE” and hyperlinked to loaded terms and conditions, had the complainant wondering whether the ad was misleading and if participants were be treated fairly and honourably …
A case going back to the end of 2012 has been wrapped up for at least one of the indicted, Philanthropist Stanley Tomchin. Our readers will recall the indictment of 25 people in November 2012 by the Queens County (NY) District Attorney’s Office, where a group was accused by US Authorities of creating a racketeering …
Las Vegas From Home (LVFH) has entered into and executed a letter of intent with Codere Group and its partner Salinas TV Azteca Group (The Mexican Partnership) for online gaming in Mexico. A new company (NEWCO) will be formed, 51 percent owned by Codere and 49 percent by LVFH. Under the terms of the agreement, …
Spain’s Dirección General de Ordenación del Juego (DGoJ) has informed the official approval of regulations for exchange betting and online slots with publication in the official Government gazette. The legislation is in line with Denmark, Italy and the United Kingdom’s regulated gambling market standards said the Ministry of Finance and Public Administration, strengthening the online …
Australian media are reporting the sale for A$105.5 million of the ACTTAB betting agency to local bookmaking group Tabcorp Holdings by the Australian Capital Territory provincial government. Tabcorp CEO David Attenborough described the Canberra-based purchase as a unique opportunity. “We look forward to leveraging our capabilities to strengthen the product offering available to ACTTAB customers …
Two Springfield, New Jersey men busted recently by enforcement officials, have pleaded guilty on a racketeering conspiracy charge related to illegal online sportsbetting, and have admitted associations with the Genovese crime family. Federal prosecutors said this week that 77-year-old Joseph Graziano and 44-year-old Dominick J. Barone each pleaded guilty in a federal court Tuesday to …
The BiG Foundation, a UK charity supporting those in difficult circumstances, has announced that the Isle of Man-based online gambling software provider Microgaming is its headline sponsor for the forthcoming BiG Sports Dinner on Wednesday 10th September 2014, at The Dorchester Hotel in London. “We are delighted to have Microgaming show such an interest in …