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 …
In the days before online gambling was legalised in France, Bwin founders Norbert Teufelberger and Manfred Bodner found themselves in conflict with the French authorities over soccer sponsorships with French clubs and other online gambling activity. Those disagreements have persisted to the present, and a recommendation by a French court in Nanterre this week that …
Following a two-year tenancy as chief executive officer for Aristocrat Gaming, Atul Bali is taking up a new challenge as president of gaming at Seattle-based digital media group RealNetworks, and will soon relocate from his base in Las Vegas. An industry veteran with more than 20 years of global experience, Bali will oversee RealNetworks’ games …
The Sydney Morning Herald reports that UK land and online betting group Ladbrokes is the favourite to acquire Melbourne-based Australian online bookmaker Betstar in a deal worth A$20 million to A$25 million. Unidentified sources told the newspaper to expect an announcement on the deal Wednesday. Ladbrokes entered the Aussie online gambling market last August with …
WinaDay online casino has launched a new slot titled Sands of Gold on its proprietary software platform, bringing an Arabian Nights theme to its players. The new game is a 15 pay-line penny slot with a multiple Pick Bonus. An evil Sultan and a beautiful desert princess are among the game’s exotic symbols. Three Bonus …
Jack Tambini, an 18-year-old cash and carry apprentice got more than he dreamed for whilst making a delivery to a Dundee convenience store this week, coming away GBP 100,000 richer after hitting a top scratchcard prize. Tambini intended to spend his last pound on a packet of crisps, but a kindly store manager gave him …
Top British bookmaking company William Hill’s digital division has signed an initial two-year deal with the Professional Darts Corporation (PDC) to sponsor the World Darts Championship at Alexandra Palace in London. The seven-figure deal will see Britain’s biggest bookmaker become the title sponsor of the event – which will now be known as the ‘William …
Five online casino sites accused of illegally accessing Danish punters and ignoring requests to stop doing so have been blocked by local internet services providers on the direction of the Danish Gambling Authority. In a statement this week the Authority said that it monitors the Danish internet gambling market to identify gambling providers who offer …
Live dealer online gambling provider Entwine Tech has inked a deal with Birmingham, England’s Rainbow land casino which will allow the Philippines-based company to stream live gambling action to online players. Ian Dunning, a spokesman for Entwine, said Tuesday: “This is a major step forward in Live Dealer gaming and EntwineTech is proud to be …
The UK Betfair Group plc has announced the long-awaited launch of its Italian online betting exchange following the conclusion of an extensive testing process with the regulator ADM and SOGEI. The Italian Exchange will operate with ring-fenced national liquidity and will be taxed at a rate of 20 percent on commission, the company says. It …