Michael Leven, the chief operating officer of Sheldon Adelson’s Las Vegas Sands land casino group addressed a small group of VIPs at a breakfast meeting before the Nevada Republican Party convention kicked off in Las Vegas Friday, claiming that US federal officials support the idea of legalised online gambling in the United States because it …
The Bitstars Entertainment Company launched a new online casino accepting the virtual currency Bitcoin under a Malta LGA licence this week. Bitstars.net is powered by SwissSoft and offers a limited number of “provably fair” games certified by iTech Labs Australia on a typically clean and minimalistic website with full player facilities. The company plans to …
Online gambling software provider NYX Interactive’s latest OGS client is Latvian regulated operator Optibet.lv, which launched the system this week. NYX senior vice president David Flynn, said, “Entering the regulated market of Latvia with Optibet is yet another feather in the cap for NYX OGS. Optibet are now live with chart toppers from both Aristocrat …
Texas-based social casino games developer Bee Cave Games and Nasdaq-listed land games specialist Multimedia Games have agreed to team up to provide a range of free-to-play social versions of Multimedia’s real-money slots. The collaboration will give Multimedia games exposure on social venues like Facebook, along with app variants on iOS and Android platforms, with Zombie …
The US National Council of Legislators from Gaming States (NCLGS) has joined the fight against the Graham-Chaffetz federal bills seeking to ban all online gambling (see previous reports), writing to members of Congress to urge them to oppose the Sheldon Adelson-funded and driven proposed legislation. A prime concern expressed by the Council is that this …
Online gambling group Interwetten has reported an encouraging start to 2014 with 7 percent growth in Q1 revenues to Euro 11.1 million. Growth could have been even higher had the company not been obliged to exit the Greek and Belgium online gambling markets for regulatory reasons, spokesman Werner Becher said. Becher revealed that the company …
Unibet shareholders could be in for a dividend boost around mid-year as the online gambling group moves to dispose of its 95 percent interest in the sportsbetting Kambi Group by way of a dividend to shareholders. The company’s agm agenda details some of the arrangements, noting that the branding will be changed soon to Kambi …
Recent moves by Russian prosecutors to blacklist and ISP-block a number of online gambling companies, triggering speculation that a crackdown is planned by the authorities, may be the reason behind the decision by French online gambling group Betclic to emulate Betfair in preparing to depart the Russian market. Affiliate marketers have reported being briefed by …
The Swedish online gambling software and content provider NYX Interactive, is celebrating the approval this week of its OGS games platform for use in the Danish online gambling market. David Flynn, a senior vice president of parent NYX Gaming Group said: “Gaining confirmation from Nmi that OGS is now certified for Denmark is further testament …
A legal dispute that started in 2008 and involved German competition laws has finally been decided by the regional high court in Düsseldorf, with the award of Euro 11.5 million in damages going to MyBet Holdings subsidiary FLUXX. The German Lottery and Pools Organisation and the German lottery agency Westdeutsche Lotterie (WestLotto) were named in …
Gibraltar-based online gambling firm will broadcast sporting events, video tips and adverts using Skylab’s MediaTank platform. Manchester-based television and digital technology specialist Skylab reports that BetVictor’s new sports television channel is efficiently using its Media Tank platform to broadcast a range of sports events, betting tips and promotional material for horse racing and snooker. The …
The Unibet online gambling group has inked a main sponsorship agreement to support the 2014 Stockholm Marathon in Sweden, giving it an opportunity for some serious brand exposure on the course, along with promotional advantages and special betting markets which the betting company will leverage through its Unibet.se website. “We are very pleased to have …
Online gambling group 888 Holdings plc posted a strong set of Q1 2014 key performance indicators and its Interim Management Statement Thursday, showcasing another outstanding quarter that included: * Group quarterly revenue reached a record of US$114 million (Q1 2013: US$103 million), an increase of 11 percent year-on- year and a 7 percent increase compared …
Bwin.Party Digital Entertainment’s latest disappointing results (see previous reports) have prompted 6.1 percent US shareholder Jason Ader to suggest that CEO Norbert Teufelberger should assemble a more competent management team. Ader, famed for his abrasive attacks on management in a dispute over IGT board positions last year only recently acquired his shareholding through SpringOwl, but …
Back in October 2013 the dedicated HTML5 games development program and content marketplace for the regulated gambling industry, Odobo, bragged that its partnerships with developers such as Rabcat and major companies like bet365 would generate a stream of fresh, innovative games, accessibile through a variety of channels (see previous reports). The company has since repeatedly …
The highly respected Nevada gambling journalist Jon Ralston explored one of the uglier aspects of the Adelson vs. online gambling conflict this week, scathingly highlighting in his Ralston Report the behaviour of lobbyists and politicians keen to make a buck from the issue. Ralston first took to task Mary Bono, the former California Congresswoman who …
The land casino group Logrand, which operates eight casinos in Mexico, is in expansion mode, and CG Technology (perhaps better known by its former title of Cantor Gaming) is about to benefit from it. Leveraging its considerable Nevada experience in sports betting, CG Tech will be partnering with Logrand in the provision of a full …
Just in time for the NFL draft Lincoln Casino.eu has introduced its new football-themed slot game, Game Day, which features a betting range from $.01 to $200 per spin. Game Day is a five reel twenty-payline game with quarterbacks, cheerleaders, whistles, goal posts and of course footballs spinning on its reels. The scatter symbol awards …
UK land and online gambling group Ladbrokes has confirmed media reports yesterday (see previous reports) that it has acquired the Australian online sportsbetting company Betstar, advising that it paid A$ 22 million (GBP12.4 million) for the asset. Betstar has approximately 40,000 registered customers and, in the year to 31 March 2014, it generated gross win …
Offshore online gambling operators who want to legally access UK punters under Britain’s upcoming secondary licensing and taxation laws will find the process involves a lot more than just filling in paperwork, according to the latest Gambling Commission advisories and an interesting summary prepared by the British legal firm Jeffrey Green Russell Limited. Among the …
Online gambling group Bwin.Party.Digital Entertainment has released its Q1 2014 results showing mediocre progress and highlighting the following performance indicators: * Average daily net revenue up 4 percent on the preceding quarter but down 9 percent year-on-year as the company continues to pursue its ‘volume to value’ business strategy, and blames ISP blocking in Greece, …
Online gambling group GVC Holdings plc has posted its full year ended December 2013 results, highlighting the following achievements: * Total proforma revenues increased by 69 percent to Euro 180.6 million (2012: Euro 107.1 million); * Clean EBITDA up year-on-year by 148 percent to Euro 38.3 million, ahead of upgraded market expectations; * Sportingbet turnaround …
Fears among land gambling operators that online gambling represents a threat to their businesses have again been shown to be groundless following a recent Caesars Entertainment study of its online gamblers in the nascent New Jersey market. Designed primarily to establish from which cities and towns gamblers were accessing the online services, the study also …
Russia is the latest country to be placed the growing list of online gambling markets in which Betfair is cutting back on marketing and new player signups, or has exited altogether. The UK betting group has announced in an advisory to affiliate marketers that from April 11 it will cease signing up new players from …