Gambling news - page 903

EveryMatrix in deal with live dealer provider

28 Mar 2014

The Dublin-based live dealer gambling provider VueTec has agreed to provide services to EveryMatrix’s CasinoEngine platform, expanding its content and player appeal. VueTec’s branded Distant Gaming system is well-established and streams live action from land casinos in Dublin and the Isle of Man.

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Nevada revenue plunge in February

28 Mar 2014

The latest statistics from the Nevada Gaming Control Board do not make for happy reading; gambling revenues plunged 14 percent in February, with the Las Vegas Strip revenues diving 20 percent. The Silver State’s land casinos won $926 million in February, down from more than $1 billion in the same period last year. The decline …

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12 more online casinos shuttered in Kazakhstan

28 Mar 2014

The Uralsk regional court in West Kazakhstan (formerly a member of the Soviet Union) has issued a ruling supporting the shuttering of another 12 online casinos, according to an announcement this week by the national Financial Police. The websites were not identified in the announcement, but the action follows similar enforcement activity in September last …

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Good 2013 performance for online payments company

28 Mar 2014

Optimal Payments plc, an online financial processing company that includes Neteller among its subsidiaries, has posted what it boasts is an “exceptional” 2013 full year report. Highlights from the report include: * EBITDA up 89 percent to $52.2 million (2012: $27.6 million); * Revenues up 41 percent to $253.4 million (2012: $179.1 million); * Net …

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Nine virtual sport titles added to NYX Open Gaming package

28 Mar 2014

The NYX Open Gaming System (OGS) package has been boosted with the launch of nine new virtual sport titles as part of the NYX Interactive agreement with 1X2gaming. The new additions include the popular Virtual Legends, Virtual World Cup and Virtual Champions offerings, which now become available to operators using the OGS platform. 1X2gaming marketing …

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Online gambling advocacy group critical of U.S. banning attempt

28 Mar 2014

The online gambling advocacy group Safe and Secure Internet Gambling Initiative has issued a statement ridiculing the newly launched Chaffetz and Graham Congressional bills seeking to ban all online gambling in the United States with the exception of horseracing. SSIGI spokesman Michael Waxman said in a press release Thursday: “The idea that Congress could or …

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Illinois to resolve land casino issues before mulling online gambling legalisation

28 Mar 2014

Illinois pro-online gambling state senator John Cullerton said in a television interview on the state budget this week that whilst the legalisation of online gambling in the state is inevitable, it will not be addressed until questions around the expansion of land gambling in the state have been resolved. Cullerton, who is president of the …

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Powerful new entrants for the social casino sector

27 Mar 2014

Atari, an internationally respected publisher and producer of interactive entertainment, and FlowPlay, a specialist in virtual world games and technology, announced Thursday a strategic partnership to develop Atari Casino, a premier social casino gaming platform. FlowPlay will provide the back-end infrastructure, analytics, payment systems and in-game advertising integrations necessary to provide a first class interactive …

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Industry veteran appointed CEO at Rank Group

27 Mar 2014

The British land and online gambling group Rank plc has announced the appointment of industry veteran Henry Birch (45) as chief executive of the group. Birch will succeed Ian Burke (57) on May 6, when Burke takes up the responsibilities of non-executive chairman of the company. Birch was most recently CEO of William Hill Online, …

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Chinese sports lottery to raise more capital

27 Mar 2014

The Chinese online sports lottery operator 500.com has SEC-filed a follow-on trade and convertible bond offering that could raise $480 million. The New York-listed firm’s proposed American Depository Shares transaction is expected to contain a mix of primary and existing shares made available by two major shareholders – Brothers Union International and Clear Treasure Group. …

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Retrogressive online gambling bill launched in conress

27 Mar 2014

After a week of hype, the Republican Party’s Sen. Lindsey Graham of South Carolina and Rep. Jason Chaffetz from Utah, introduced the Restoration of America’s Wire Act to the federal House and Senate on Wednesday, seeking to formalise the interpretation of the Wire Act as embracing all forms of internet gambling, and attempting to reverse …

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GTECH completes Scratch&Win buyout

26 Mar 2014

GTECH S.p.A has acquired the entire interest held by UniCredit in the Italian Gratta e Vinci (Scratch & Win) licensee, Lotterie Nazionali S.r.l., raising its direct and indirect interest in the company from 51.5 percent to 64 percent. The cost of the acquisition was around Euro 72 million.

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32Red plc issues trading update

26 Mar 2014

32Red Plc noted a recent sharp fall in the share price and has moved to confirm that company trading in recent weeks has strengthened further with gross gaming revenues up 19 percent in the first 24 days of March against the corresponding period which takes the cumulative year-to-date increase to 8 percent. The company Board …

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Intralot hits Euro 1.5 billion revenue in 2013

26 Mar 2014

Greek-owned gaming firm INTRALOT’s revenues for the full year 2013 period have exceeded Euro 1.5 Billion, a key milestone for the company. Key performance highlights for the year ending December 31, 2013 include: –     INTRALOT Group Consolidated Revenues increased by 12 percent to Euro 1,539.4 billion compared to 2012. –     Net of a negative FX …

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Ladbrokes relaunch casino with Playtech

26 Mar 2014

Ladbrokes had finally re-launched its casino offer across its digital platform with the introduction of a full range of Playtech products. As part of the transition, the previous casino software and games portfolio have been withdrawn from Ladbrokes.com and .dk sites and replaced with Playtech products. At the same time, improvements have been made to …

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New Microgaming slot launches across all platforms

26 Mar 2014

Microgaming will release its latest casino game titled “High Society” across all platforms in download, Flash and HTML5 versions to suit all devices. The game will also launch concurrently across Microgaming’s Casino, Bingo, Poker, Mobile and Quickfire products. High Society is a five-reel, 25-payline video slot based on, as the title suggests, living the high …

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New video slot from Yggdrasil Gaming

26 Mar 2014

The Swedish online gambling content developer Yggdrasil Gaming has unveiled Robotnik, its third video slot game following the successful launch of Jokerizer and Winterberries, with a number of its partners going live with the title Wednesday. Robotnik is a high variance video slot based on a modern interpretation of Strauss’s Blue Danube and Stanley Kubrick’s …

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Leeds online punter jailed for fraud

26 Mar 2014

Compulsive online gambling was the downfall of a young Leeds, UK woman who was handed a sentence of a 20 month prison sentence, suspended for two years, and ordered her to take part in a programme designed to address her gambling habit this week in the Leeds Crown Court. Ginnie Cassells was employed by her …

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Nyet to internet gambling, say Russian prosecutors

26 Mar 2014

In what appears to be the start of a new anti-online gambling initiative, Russian authorities have added a massive 600 new sites to the national blacklist which local ISP’s are obliged to block. Initial reports are that the wide-ranging list includes major companies like Unibet, Pokerstars, Titan Poker and Party Poker. Maxim Ksenzov, deputy head …

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GameAccount Network has Asian ambitions

26 Mar 2014

The UK online gambling provider GameAccount Network has made no secret of the fact that it is eyeing possibilities in Asia, and this was further confirmed this week by its announcement that it is to make its first appearance at the May 2014 G2E conference and expo in Macau. The company will be focusing on …

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Jollies at Las Vegas Sands for Republican presidential candidates

26 Mar 2014

Further evidence of the major influence that seriously wealthy individual Americans can have on the US political scene emerged this week with reports that Republican Party mega-donor and land casino magnate Sheldon Adelson is to vet four of 2016’s US presidential hopefuls during a Republican Jewish Coalition leadership jolly at his luxury Venetian Hotel and …

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William Hill plc to withdraw from 55 countries

26 Mar 2014

Marketing affiliates delivering players to William Hill plc online gambling operations were surprised – many shocked – to receive an email this week advising that, effective March 26, the group is reversing out of 55 countries where it has been active in the past. Little in the way of detail surrounding the decision is apparent …

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IGT to cut costs

26 Mar 2014

Online and land gambling supplier International Game Technology is taking action to re-align its cost structure for long-term earnings growth, the company said in a statement Tuesday. The initiative will see staff retrenchments and cost cutting, with one of several key goals being the re-engineering of the firm’s game development process to leverage its strength …

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Quick reaction from the U.S. Democratic Governors Association

26 Mar 2014

Texas governor Rick Perry’s call for the resurrection of the full Wire Act to stop the trend toward online gambling legalisation triggered a fast reaction from the Democratic Governors Association Tuesday, which quickly flagged its opposition to any such move. In a letter addressed to the leaders of Congress, including Senate majority leader Harry Reid …

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