Gambling news - page 927

New Jersey reports on first six weeks of internet gambling

15 Jan 2014

On Tuesday the New Jersey Division of Gaming Enforcement included numbers the online gambling industry has been waiting for in its report on Atlantic City gambling performance, noting that for the six weeks in 2013 that the internet gambling market has been open, revenues of $8.4 million were generated. The revenues fell around $2 million …

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Sport Totalizator second Bulgarian sportsbetting licencee

14 Jan 2014

The Bulgarian State Commission for Gambling has awarded state-owned operator Sport Totalizator an online sportsbetting licence. The award marks the second such licence following the issue of the first to Bulgarian operator vBulletin in the fourth quarter of last year. Sport Totalizator is now authorised to offer online betting on sports, dog racing and horse …

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Quickspin inks multi year game supply deal with Bet365

14 Jan 2014

Games developer Quickspin will provide UK bookmaker bet365 with a full suite of games in a multi-year contract announced this week. Considered to be a landmark deal for Quickspin, Daniel Lindberg chief executive officer is excited that the company’s games will gain access to such a wide audience once they go live on bet365’s site. …

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A Bet A Technology becomes exclusive EPOS provider to David Pluck ltd

14 Jan 2014

A Bet A Technology will replace OpenBet as independent bookmaker David Pluck Limited’s exclusive electronic point of sale (EPOS) supplier following an eight week trial of the technology across the bookmaker’s retail estate. The technology will be rolled out in 40 shops providing David Pluck with full shop EPOS and real-time HQ management of event …

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Succesful GBP 2.6m funding round for FSB Technology

14 Jan 2014

Sports betting platform provider FSB Technology (UK) Ltd. has successfully completed an investment funding round to the tune of GBP 2.6 million. Mark Blandford, founder of Sportingbet, led the funding round which the company said would be put to work with further investment in its sports betting platform along with a focus on a new …

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Colbert affair expensinve for Cantor Gaming

14 Jan 2014

In what is believed to be one of the heaviest fines yet imposed by the Nevada Gaming Control Board, CG Technology (formerly Cantor Gaming) will have to cough up $5.5 million to clear its slate on 18 gambling administrative and records irregularities it is accused of perpetrating by the regulator. The irregularities filed by the …

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Birthday gift did not break U.N. sanctions, says gambling firm

14 Jan 2014

Courting controversy to generate publicity is one thing, but breaking international political and business sanctions is quite another, and is a point worth considering by online gambling marketers following media reports in the UK media this week. The issue surfaced after reports that online and land gambling group Paddy Power had partly sponsored a “basketball-diplomacy” …

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Nevada should go all-in on internet gambling

14 Jan 2014

Richard N. Velotta, a respected journalist and gambling reporter with the Las Vegas Sun wrote an op-ed article for the publication Vegas Inc. over the weekend, suggesting that if Nevada intended to remain the dominant US state for Internet gambling, it’s going to have to make some tough decisions on what regulators are prepared to …

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UK Gambling Commission warns gambling suppliers

14 Jan 2014

The UK Gambling Commission has issued another stern warning to gambling machine suppliers that the regulations require that they be licensed. The reminder comes after police cautions were issued to two men who admitted supplying gaming machines via online auction websites. A Commission spokesman said that in recent years the Commission has been working closely …

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UK online gambling tax bill in the House of Lords

14 Jan 2014

The British government’s initiative to compel online gambling operators accessing the British punter to take out secondary licensing and pay UK taxes moves another step forward today (January 14) with a reading in the House of Lords. The Gambling (Licensing and Advertising) Bill is to be examined in detail, but is still firmly on track …

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Decline in English problem gambling reported

14 Jan 2014

A 2012 Health Survey for England study of gambling participation just released by the UK Gambling Commission suggests an overall decline in gambling participation and a reduction in the level of problem gambling in the population, contrary to a number of recent unsubstantiated political and media claims that problem gambling has risen to alarming levels. …

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Recent releases from Betsoft and Playtech

14 Jan 2014

BetSoft Gaming has plumped its ToGo mobile portfolio with the addition of mobile adaptations of its popular Slots3 games Madder Scientist and LOST. Functionality, quality graphics, audio-rich and bonus features of the original Slots3 games have been carried through to both mobile versions. “As the demand for mobile gaming grows, BetSoft will be at the …

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Bragbet named Connacht Rugby betting partner

14 Jan 2014

Irish Pro12 Rugby side Connacht Rugby has named social betting firm BragBet as their official betting partner. The agreement marks the first provincial team in Ireland to sign an official betting partner commented Phil Riordan BragBet’s chief executive officer. “We are proud to be associated with Connacht Rugby and want to start the relationship with …

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Paddy Power names head of online division

14 Jan 2014

Paddy Power’s head of finance for online, Shane Doherty, will take responsibility for the growth of profitability and market share of the company’s e-gaming and sportsbook channels in his new appointment as chief of PaddyPower.com. Reporting to managing director Peter O’Donovan, the position has been vacant since May 2013 when previous head Christopher Coyne was …

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Perform on the hunt for new CFO

14 Jan 2014

David Surtees, chief financial officer of digital sports media company Perform Group Plc, will stand down as of January 31, 2014 after serving six years with the firm. Paul Walker, Non-Executive Chairman, said, “On behalf of the board, I would like to thank David Surtees for his significant contribution over the last six years. David …

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Amaya makes executive hire

14 Jan 2014

Amaya Gaming Group has appointed Marlon D. Goldstein as its new executive vice-president, corporate development and general counsel, effective January 24, 2014. Prior to joining Amaya, Goldstein was a principal shareholder in the corporate and securities practice at international law firm Greenberg Traurig as well as filling the role of co-chair of the firm’s Gaming …

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Betfred completes refinancing deal

14 Jan 2014

The Betfred Group has announced the successful completion of a GBP 200 million refinance deal following its GBP 265 million acquisition of The Tote two and a half years ago. The Manchester Evening News reports Betfred’s repayment of its acquisition facilities, including the early repayment of the GBP 115 million deferred consideration from the Government …

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Plenty of U.S. online gambling political action ahead, says analyst

13 Jan 2014

Pennsylvania’s Tribune Live newspaper reported over the weekend that Pennsylvania, West Virginia and nine other US states could approve online gambling this year or next, according to gambling consultant and analyst Fred Gushin, managing director and founder of the well-respected Spectrum Gaming Group. Speaking last week at a webinar presented by LexisNexis and Spectrum, Gushin …

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Gambling features in new U.S. TV series

13 Jan 2014

US punters will soon be watching a new Fox television comedy series with a light legal touch and a charming central character with flaws that include too great a fondness for gambling and a disorganised approach to money and gambling debt management that makes his personal life something of a shambles. Screening for the first …

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Bookie responds on FOBT issue

12 Jan 2014

Against a backdrop of a failed parliamentary vote to restrict Fixed Odds Betting Terminals and a largely negative UK media blizzard of criticism of the betting machines, a UK bookmaker has commented on the issue in a bid to allay concerns. The William Hill plc spokesman noted the industry was due to voluntarily introduce a …

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Malta regulator reports more illegal gambling reports this year

12 Jan 2014

Malta’s Lotteries and Gaming Authority received an increased number of illegal gambling reports in 2013, but the lack of evidence in many of these resulted in few prosecutions, the island’s minister for the economy, Chris Cardona, has revealed. The Malta newspaper The Independent reports that in replying to a parliamentary question by Nationalist MP Claudio …

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Adelson’s law draft published

12 Jan 2014

Coincidentally with former Denver mayor Wellington Webb’s Denver Post op-ed on the subject, Sheldon Adelson’s idea of what a revamped Wire Act might look like surfaced over the weekend, thanks to poker blogger Marco Valerio. It must be emphasised that the document (see below) is still very much a mere three-page draft, but it confirms …

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Adelson ally speaks out on internet gambling

12 Jan 2014

Blithely ignoring strong empirical evidence to the contrary, most recently from a senior Borgata exec speaking about that company’s online gambling experience in New Jersey, Sheldon Adelson ally and former Denver mayor Wellington Webb (72) burst into print over the weekend, claiming that legalised internet gambling will cost American jobs. Our readers may recall that …

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Pittsburg politician jailed for running gambling businesses

11 Jan 2014

Former two-term South Pittsburg mayor Mike Killian (56) was in the local news media headlines Friday after being sentenced to six months in federal prison followed by one year of house arrest and a $30,000 fine for running an illegal gambling operation. The former mayor pleaded guilty to a single count, but claimed he was …

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