The online and interactive television betting company NetPlay TV plc has posted a strong set of second quarter result and a trading update, reporting: * 38 percent increase in new depositing players to 20,607 (Q2 2013: 14,906) * 33 percent increase in quarterly active depositing players to 37,691 (Q2 2012: 28,261) * 5 percent increase …
The European online gambling group Bwin.Party Digital Entertainment posted its pre-close trading update Monday, highlighting the following: * Revenue performance in the three months to 30 June mixed with y-o-y growth in sports, but a soft performance in poker and casino, and bingo; * Since the end of June, volumes and gross win margins from …
A top internet and live poker pro, Paul Phua, is among the 8 people from Malaysia, China and Hong Kong arraigned in Las Vegas Monday on illegal online sports betting allegations following a police investigation into World Cup football wagering. Officials claim that the ring, which was raided in Las Vegas on July 9, generated …
Atlantic City land casino operators will be encouraged by the news that revenues in June, assisted by a $9.5 million contribution from online gambling activity, rose 4 percent year-on-year. The news lightened the mood in the wake of Monday’s issue of pink slips to 1,153 Trump Plaza workers as that land and online casino becomes …
The timelines set for Britain’s change to a new point-of-consumption online gambling licensing, regulation and taxation regime are converging swiftly, with unofficial comments from insiders suggesting that some operators are already planning to regionalise their offers by closing some sites and transferring players to alternative online venues appropriate for other jurisdictions. The idea of additional …
The Macau regional government has continued to profit handsomely from the consistently high tax income received from the Chinese island’s land gambling activity, rising 16 percent in the first half to MOP71.03 billion ($8.9 billion), according to Financial Services Bureau figures this week. Gambling taxes have already reached some 60 percent of the government’s target …
Shares in eBet have been suspended from trading in Australia pending a “price sensitive” announcement; the company is engaged in the business of electronic gaming machine systems, wagering and online gaming technologies and distributes WMS equipment. In a filing with the Australian Stock Exchange, eBet requested the suspension to allow an as yet undetailed share …
The French online and land gambling group Pari Mutuel Urbain has reported its H1-2014 results, with GGR at Euro 1.255 billion – down 2 percent mainly due to a decline in horse race betting and to a lesser degree online poker. The group reported turnover down 5 percent at Euro 5.1 billion, noting that sports …
With the football World Cup now concluded, Chinese police have issued a broad national figure on just how much Chinese punters wagered on the illegal sites that enforcement agency knew about and dismantled. A series of major police actions hammered several big illegal betting enterprises, with records showing that up to $3 billion in wagers …
Delaware’s relatively new online gambling legalisation regulations stipulate that the state gets all of the first $3.75 million in revenue each operator generates, making it hard to prosper in a market that is currently delivering dismal results below initial expectations. The latest figures from the First State show that online gambling has fallen well short …
The marketing publication Campagn Live reports that the GBP 5 million Betfred advertising account has been won by the Brothers and Sisters agency after a competitive pitch involving the previous account holder, BJL. Betfred and Brothers and Sisters will start working together immediately to produce a multi-channel national advertising campaign which will launch later this …
London-based and AIM-listed online gaming group Gaming Realms plc has announced that subsidiary Bear Group Limited has been awarded a category 1 and category 2 e-gaming licence by the Alderney Gambling Control Commission in the Channel Islands. The announcement triggered an almost 8 percent rise in the company’s share price. Gaming Realms chief executive Patrick …
The influential online gambling trade body European Gaming and Betting Association says it fully endorses the European Commission’s recommendation for the common protection of consumers of online gambling services in the EU. The recommendations contain a series of concrete and practical measures that allow Member States to implement a common high level of consumer protection …
The Swedish online casino games developer Yggdrasil Gaming has expanded its senior team with the appointment of experienced online gaming expert Ulf Norder. Norder joins the company today as Business Development Director and will be based in Gibraltar, where the company has opened a new office following demand for casino and lottery games content from …
Plumbee, the London-based social casino provider has announced two launches in its flagship Mirrorball Slots game on Facebook. The first launch is a new game from development studio, QuickSpin and titled King Colossus. Set in a world full of treasures, King Colossus is the first game on Mirrorball Slots to feature a major reel symbol …
Atlantic City’s crumbling land casino market disintegrated further Saturday, when directors of the Trump Plaza casino said they expect to shut the failing enterprise down in mid-September, although the decision is not yet final. The casino is also active in the New Jersey legalised online gambling market, partnered by British betting group Betfair. How a …
One of the trivia stories on online gambling in the United States this week names Sheldon Adelson’s latest lobbyist, Connie Mack of Mack Strategies and his former wife, Mary Bono Mack…both former members of Congress but now embroiled on opposite sides of the online gambling debate in America. The duo, only the third married couple …
The publication Malta Today reports that the parliamentary secretary for competitiveness and economic growth, Jose Herrera, has announced that Malta is to seek a European Court of Justice ruling following the Council of Europe’s draft convention on sports competitions, claiming that its definition of illegal betting in the draft convention “hinders the free movement of …
The Greek newspaper Ekathemerini reports that the Greek police cyber-crime unit has ordered the ISP blocking of 23 international gambling websites that it deems to be illegal. The websites have not been identified by the police but are believed to be active in taking high volumes of World Cup football bets, activity that has triggered …
The efforts of land gambling interests to have an equal 29 percent tax rate imposed on the soon-to-be-legalised online gambling industry were rejected Friday when the Dutch Council of Ministers confirmed that the tax rate for online gambling operators licensed in the newly liberated market will be 20 percent. Taking some of the gilt off …
Philippines police in Angeles City have reported taking down a Korean online gambling operation in a city suburb, arresting four Koreans and seizing 8 computers and documentary evidence. Armed with a search warrant from a regional trial judge, the police raiding party moved on a private house the Koreans were renting in a subdivision at …
A July 2014 update to the long-running and on-going study of problem gambling conducted by the Harvard Medical School and funded by the Bwin.Party online gambling group shows that little has changed in the scientific assessment that online gambling is not more addictive that other forms, and therefore does not present the serious danger to …
Burgeoning African online and retail sports betting operator Supabets has taken the Betradar live betting service on board, expanding its 24/7 live betting offer to 15,000 live matches a month on 16 different sports. The deal with Betradar includes the integration of the latter’s Betradar Live Channel in 60 retail betting shops across Africa. Supabets’ …
Colin Cole-Johnson, IT expert and former executive with both the William Hill and Ladbrokes groups, is making a shrewd career move in joining Rank Group plc come September this year. As director of digital and cross-channel services he will report directly to Rank’s chief executive Henry Birch on all matters pertaining to Rank’s extensive online …