Starting the week off with a bang is the announcement by gambling and lottery supplier group GTECH that it is in ‘preliminary’ talks with contemporary U.S. firm International Game Technology with the objective of buying the American company. “This transaction could potentially involve the use of a mix of cash and equity as consideration,” GTECH …
Exploiting the interest around football generated by the current World Cup in Brazil, the mischief marketers at the online and land bookmaker Paddy Power again grabbed media coverage this week by changing the signage on a small percentage of the company’s betting shops in the UK and Ireland to reflect an association with one of …
A major online sport betting ring with associates in northern New Jersey and New York was shuttered Friday in a swoop by enforcement officials, according to an Associated Press news agency report. 29 individuals have been arrested in the enforcement drive, Bergen County Prosecutor John Molinelli told the news agency. Molinelli revealed that the gambling …
The South Carolina television station WLTX reports that state voters were asked to vote this week on non-binding referendum questions put to them by the Republican and Democratic parties. Among the questions the Democrats asked voters was whether individual states, rather than federal politicians in Congress, should decide on internet gambling legalisation. Republican South Carolina …
International gambling show organisers, Clarion and the media group G3 have inked a collaboration agreement that will see G3 supporting all of Clarion’s events with advertising and editorial support. In return G3 will have a strong presence at every Clarion organised event in the gaming space and access to Clarion’s guest speakers and content. G3 …
The French online sportsbook operator NetBet.fr has teamed up with renowned French broadcaster and journalist Alexandre Ruiz to provide football fans with fresh insights and information on the beautiful game. The deal was brokered by the SportFive marketing agency, and is for the duration of the 2014-2015 sporting season. Ruiz is the anchor for TV …
Last week’s regulatory warnings to foreign online gambling operators accessing the Dutch market appears to be falling on deaf ears in many cases, reports the Dutch newspaper Volkskrant. Operators were warned that stiff penalties exist, and threatened with exclusion from the Dutch licensing and regulation process due for implementation next year, but many sites continue …
The Isle of Man-based online media company iBus Media, which earlier this month successfully fought off a trademark infringement lawsuit launched by Nevada’s Best Odds Corporation (see previous reports) has launched BookieSmash, its newest online portal dedicated to sports betting. Stablemate Poker News describes BookieSmash as an enterprise that “…aims to help sports fans who …
The $4.9 billion acquisition of Pokerstars and Full Tilt Poker parent The Rational Group by Montreal-based Amaya Gaming has set the online gambling industry buzzing, and details now emerging include: * The consideration of $4.9 billion is to be delivered as follows: $2.1 billion in senior secured credit facilities; $800 million in senior secured second …
UK and US gambling group Sportech plc has announced the appointment of Richard “Rich” Roberts as an executive director with effect from 14 July 2014. He will become president of digital operations in the US, reporting to group CEO Ian Penrose. Roberts, a US resident who lives in New Jersey, has impressive experience across multi-platform …
The Rational Group, parent company of Full Tilt Poker and the world’s largest online poker provider, Pokerstars, has been acquired by the Canadian gaming group Amaya Gaming for $4.9 billion in cash. The two companies confirmed the deal late Thursday after trading on Amaya was halted following persistent rumours of a sale that had been …
Figures released Thursday by the New Jersey Division of Gaming Enforcement make disappointing reading, showing that online gambling operations took in $10.4 million in May, a decline of $1 million from April. The decline of the newly-regulated online market has now persisted for two consecutive months in the Garden State. State regulators balanced the bad …
Las month’s rumours of an acquisition deal featuring Amaya Gaming and the Isle of Man online poker giant The Rational Group (see previous reports) returned with a vengeance Thursday following a Bloomberg business news report quoting two insiders who revealed that an agreement is imminent. Blackstone Group LP’s credit business, GSO Capital Partners LP, is …
Internet gambling content supplier NeoGames is to broaden its services to the Portuguese lottery Santa Casa da Misericórdia de Lisboa with the addition of instant games. Ilan Rosen, CEO of NeoGames, revealed that NeoGames will supply the lottery with customised games, along with interactive versions of existing printed tickets, and elements of its online lottery …
Online gambling software and content provider Williams Interactive has announced that its online casino games are now live on the New Jersey sites of Virgin Casino and Tropicana following an agreement inked earlier this year (see previous reports). The games are being supplied on a continuing basis in partnership with Gamesys, which powers the sites. …
Online gambling software provider UltraPlay has announced the achievement of five new international operator contracts involving both real and virtual money gambling. 1960Stake.com, a Nigerian operator, has opted for Ultraplay’s online sportsbook and casino platform, whilst UltraPlay will join with Ezugi in preparing live dealer casino and sportsbook offering to beef up the internet gambling …
Fred Chesnais (42), the new CEO at the ‘seventies-famous games and IT equipment supplier Atari, has big plans for the company following its emergence from bankruptcy proceedings last year…and they include participation in the social gambling sector, according to Wired Magazine. Chesnais told the publication this week that his plans include licensing the famous brand …
In a ruling published Thursday, the European Court of Justice supported Germany’s strict federal regulation of online gambling, saying it was justified even though the regional state of Schleswig-Holstein had temporarily eased the rules. In a case brought by Digibet challenging the legitimacy of a German block on its offering to German punters, the Court …
When it comes to gambling, the American political landscape is notorious for the introduction of a plethora of bills that never seem to go anywhere, but there’s a reason for these, claims an op-ed article in the respected Chicago Tribune this week. The process and intentions around such bills has earned them the soubriquet “fetcher …
Land casino baron Sheldon Adelson, who frequently justifies his fierce opposition to online gambling by claiming that that it does not adequately exclude the under-aged, may have been embarrassed by the news this week that for the fifth time in as many years his land casino in Bethlehem, Pennsylvania has been fined for admitted under-aged …
The Morning Call reports that US land casino owner Sheldon Adelson could come under fire for a dodgy-looking political contribution deal in Pennsylvania, where Adelson’s Las Vegas Sands land gambling empire has an outpost in Bethlehem. Under Pennsylvania state law land casino owners and key managers are prohibited from donating to state political candidates, executive-level …
Anti-online gambling crusader and land casino mogul Sheldon Adelson may have suffered a political setback this week with the defeat of his favoured candidate in Virginia’s Republican primary elections. The publication Investors Business Daily reports that House Majority Leader Eric Cantor was defeated by Tea Party challenger David Brat in the contest for political power. …
Online bookmaker 666Bet will sponsor the historic seven furlong handicap, The Bunbury Cup, on Darley July Cup Day, the final day of the Moët & Chandon July Festival on Saturday, July 12 at Newmarket Racecourse. In addition to the 666Bet Bunbury Cup, 666Bet will also sponsor the preceding race on the card, the 666Bet Superlative …
The UK online gambling group Betfair has posted revenue up 2 percent to GBP 393.6 million for the year to end-April 2014, reporting strong growth in sportsbook and Betfair US operations, offset in part by a weak e-gaming performance. Much of the negative impact flowed from the company’s decision to exit unregulated markets (GBP 13.3 …