The acquisition of the Dutch-facing Kroon and Oranje online casino businesses by Betsson has received regulatory approval and has now been completed, according to a Betsson statement Wednesday. Betsson agreed to purchase the holding company, Class One Holding Ltd, for Euro 100 million earlier this year (see previous report) subject to regulatory approval. The consideration …
In a major anti-fraud operation dubbed Op Voluto, Spain’s Guardia Civil has arrested five individuals in Torrevieja and Benidorm who are believed to be involved in a card data theft scheme that touched over 2,000 petrol stations across the country. Around October 2012 police started investigating a fraud gang that had an unusual modus operandi; …
The London listed online sports betting group Sportech plc has released its full year results for the period ended December 31 2013, reporting good progress on its strategic goals, with growing momentum in its US enterprise. Financial highlights in the report include: * Revenue up at GBP 110.3 million (FY 2012: GBP 107.7m) * EBITDA …
The Swedish online gambling software provider Yggdrasil Gaming has launched its first Asian-facing products, allowing its network of existing partners to take on board its unique slot, keno and scratch card games. Japanese, Vietnamese and Thai language versions of Yggdrasil Gaming’s flagship Jokerizer and Winterberries video slot games are live and available from today. Jokerizer …
A constitutional amendment proposal intended to open the door for more land casino action in Kentucky also has the potential to be used to legalise online gambling, according to a report in the Courier-Journal newspaper. The proposed amendment was filed by House Speaker and Democrat Greg Stumbo Tuesday as HB 584, suggesting that the state …
Gibraltar-based marketing solutions firm Traffic Generation Ltd (TraffGen) has launched a new cross platform Tournament Management System (TMS). Operators utilising TraffGen’s new product will be able to run real-time tournaments across land-based, digital and social channels. TMS is described as taking the hard work out of tournaments, automatically delivering targeted game play content across multiple …
Fourth quarter 2013 online gaming results released by the Dirección General de Ordenación del Juego (DGOJ) show a step in the right direction in terms of volume in the Spanish market. Key Q4 performance figures include: – Online gaming stakes amounting to Euro 1,472 million, a 13.9 percent increase over the previous quarter. – A …
Greek gambling monopoly Organization of Football Prognostics S.A. (OPAP) has appointed GTECH S.p.A. as the company’s online sports betting provider following a closed tender procedure in which five international companies took part. GTECH’s cooperation will initially be focused on online sports betting and marks a milestone in the history of OPAP as the company enters …
Microgaming will release another two new casino games this month titled “Untamed-Crowned Eagle” and “Loose Cannon”. “Untamed-Crowned Eagle” is a five-reel, 243 ways-to-win game with a wildlife theme which forms part of the Microgaming’s untamed adventure slot series. Untamed features include Collect-A-Wild, Lucky Nudge and Your Gamble along with a brand new feature Soaring Wilds. …
Social gaming software developer ISIS Lab Corporation has appointed Lothar Rentschler to the position chief marketing officer. Rentschler’s most recent role was served at Gameforge Productions GmbH where he held the position of vice president of marketing. Prior to which he was chief marketing officer for Full Tilt Poker and held various executive roles with …
The Irish online and land gambling group Paddy Power plc has posted its full year 2013 results, showcasing another good year for growth and returns. High lights of the report include: * Net revenue of Euro 745 million, up 17 percent with revenue growth in every division; * Record profit before tax, up 5 percent …
With a reported 50 to 60 percent of Bitcoin transactions involving online gambling, it is hardly surprising that the industry is keeping a close eye on developments in the highly volatile cyber-currency, which has come under DDoS attack on several sites recently, contributing to the bankruptcy of leading Bitcoin exchange Mt.Gox in Japan (see previous …
Betfair Australia has contracted the creative services of Aussie advertising agency CumminsRoss following a competitive pitch process, reports the marketing publication Campaign Brief. The agency’s first creative, a television ad. to promote autumn racing, will flight this week, with a preview available here: http://www.youtube.com/watch?v=2R1IH2r-I9g Commenting on the contract with Betfair, Chris Jeffares, CumminsRoss managing director, …
The WinADay online casino reports that one of its players struck gold last weekend, hitting its proprietary Alice in Wonderland slot for a jackpot of $213,367. Player AlfredF is a slots fan and regular at the casino and normally plays Gladiator Games, Aztec Adventure, Vegas Mania, and Aces and Faces, but on this occasion he …
Only a quarter of Iowans want legalised online gambling, the Des Moines Register newspaper declared this week after conducting one of its regular state polls of 703 respondents on a variety of local issues ranging from texting whilst driving to bans on fireworks. The poll was conducted in late February by independent company Selzer & …
Danish telecommunications giant TDS A/S (formerly Tele Danmark) has voiced its intention to enter an online gambling market that it says is growing by 10 to 15 percent per annum with revenues of around DKK2.5 billion per year. “All content services that can be digitized, is of fundamental interest to TDC as possible areas of …
The Remote Gambling Association (RGA), GamCare and the Gordon Moody Association are collaborating on a project aimed allowing people with gambling problems to self-exclude from online gambling websites. The initiative will enable counsellors at GamCare and Gordon Moody to help their clients self-exclude themselves simultaneously from all the RGA member sites that they have accounts …
Betclic Everest Group-owned online sports betting and gaming operator Bet-At-Home has reported what it describes as “continued success” reporting a 600 percent increase in full year 2013 earnings. Despite the continued impact of the German sports betting tax, an increase in marketing efficiencies and a substantial expansion of its customer base have contributed towards the …
The Finnish Slot Machine Association Rahaautomaattiyhdistys (RAY) said positive revenue development has continued in 2013 despite an economic downturn. Key performance highlights included: – Revenue amounting to Euro 791.4 million, up 2.1 percent compared to 2012. – Profits totaled Euro 419.5 million, an increase of Euro 11.5 million or 2.8 percent compared to 2012. – …
Tipp24 SE said it expects consolidated revenue of around Euro 129.9 million and an EBIT of around Euro 19.1 million in its fiscal 2013 preview. The unaudited results follow Tipp24 downgrading its forecast for consolidated revenue late last year to Euro 124 million after a winnings payout of Euro 15.7 million. Key performance indicators include: …
INTRALOT S.A. has extended its existing contract with the Croatian State Lottery Hrvatska Lutrija d.o.o for an additional year for the provision and maintenance of a portfolio of interactive instant and scratch games. The extension, which was granted following a public procurement procedure, may be re-extended for consecutive one-year periods going forward. INTRALOT Interactive in …
Online payment provider Optimal Payments Plc, has announced the re-launch of its revamped NETELLER online payment processing service to the broader U.S. market. The company, who will work though an un-named “federally-insured” U.S. Financial Institution as sponsor, will launch the NETELLER service and Net+Card as new services developed to meet the needs of the U.S. …
Gambling on the island of Macau off the Chinese mainland generated a record $4.8 billion in gaming revenues for the month of February, far above analyst expectations, according to the Reuters news agency. The impressive performance is attributed to strong spending from wealthy punters during and after a week-long national holiday. Gambling revenue growth in …
One of the largest online gambling companies in the world, the UK-based bet365 group, has inexplicably decided to depart the Philippines market. Towards the end of February players in the region were told that the company’s websites would be closed to them with effect from February 25 and that all account balances would be honoured. …