The possibility of the vast Japanese land gambling market expanding into casino action, triggering investment inflows of billions of dollars edged closer Friday with an announcement by the ruling Liberal Democratic Party that it plans to introduce a legalising bill to the current session of parliament. According to the Bloomberg business news agency, betting on …
Thursday’s assurance by a Singapore deputy minister that the government intends to act against online gambling by imposing ISP, advertising and financial restrictions on operators has been followed by the launch of a public consultation inviting suggestions on how best to shield Singapore punters from online gambling. A Singapore Ministry of Home Affairs official revealed …
Michigan state enforcement officials have conducted raids on three poker rooms in Genesee, Flint and Burton following investigations into allegations that the rooms permitted internet cafe-style sweepstakes betting on internet casino games. The state Gaming Control Board suspended the licenses of the poker rooms after investigators confirmed the allegations and District Court Judge Larry Stecco …
The Bulgarian Focus news agency reports that this week’s expected parliamentary vote on gambling reforms in the Eastern European country has been postponed to next week following a proposal by Aleksandar Paunov, MP with the Coalition for Bulgaria.
The virtual football joint venture of Ladbrokes and Hong Kong-registered AGTech has announced the launch Thursday of a virtual sports lottery game in Jiangsu province – China’s largest lottery market – under the brand name Electronic Ball Lottery. The JV has entered into a long-term agreement with Jiangsu SLAC to provide it with the Virtual …
Turnkey sports betting solutions provider SBTech has signed an exclusive, multi-year deal with Belgium Starbet, one of the biggest licensed and regulated land-based operators in Belgium. The deal requires SBTech to provide Starbet with a live betting platform, providing quick access to more than 10,000 monthly live events through online and HTML5 mobile Live Betting …
In an agreement that has wide and almost revolutionary implications, social networking giant Youtube has reportedly agreed to cooperate with the Norwegian online gambling regulator in blocking adverts targeted on Norwegian punters by online operators who are not licensed to operate in the Nordic country. The Norwegian Gaming Board has confirmed the arrangement, revealing that …
Officers from the UK National Crime Agency have made six arrests, three of them football players, over the past two days in the process of busting a football betting syndicate. The police have thus far not released the names of those involved. UK media widely reporting on the arrests claim that the operation took place …
Singapore lawmakers are considering laws to curtail online gambling activity, according to the government’s deputy minister of Home Affairs, S. Iswaran. According to the Straits Times newspaper, the minister told delegates to the third Symposium on Casino Regulation and Crime this week that new regulations under consideration include blocking access to betting websites, financial transaction …
Nevada land gambling revenues were down 2.6 percent in October 2013 compared with a year earlier, the Associated Press news agency reports, quoting official numbers from the Nevada Gaming Control Board Wednesday. Nevada land casinos brought in $954 million, with Las Vegas Strip winnings of $551 million down 5 percent from the same month last …
A judgement handed down last month by Belgium’s Supreme Court – the Court of Cassation – in a long-running anti copyright piracy case has wider implications, especially in the online gambling industry. In a study of the judgment this week the legal consultancy DLA Piper reports that the ruling confirmed the lawfulness of injunction orders …
Spanish regulator Dirección General de Ordenación del Juego (DGOJ) had more bad news for Spanish online gambling licensees this week, reporting third quarter 2013 financials that show no relief from the downward trend experienced in previous quarters. GGR was down at Euro 51.6 million for the quarter ended September 30 2013, sliding south from Q2’s …
Seminole County Circuit Judge Kenneth Lester Jnr made it clear this week that he will not tolerate unreasonable delays in finalising the trials of 11 more defendants in the Allied Veterans of America internet cafe gambling case . The Judge used a colourful analogy in telling legal representatives of the eleven defendants who had asked …
David Rebuck, the director of the New Jersey Division of Gaming Enforcement, revealed the results of his staff’s monitoring on the five-day soft launch of online gambling in the Garden State Wednesday, noting that 17,000 in-state punters wagered over the Internet. Rebuck says the bets were made during restricted hours of play between Thursday and …
US-based DraftKings, a fantasy sports startup, has raised $24 million in Series B funding which it plans on using for hiring new staff, the development of strategic partnerships and marketing and acquisitions. According to Forbes, the Series B round of funding was led by Redpoint Ventures, with participation by GGV Capital, BDS Ventures and Atlas …
BoyleSports has acquired Tom Flood Bookmakers Ltd, an Irish chain comprising seven outlets in the Dublin area, for an undisclosed consideration. Following the acquisition Boylesports’ narrows the gap with 192 retail shops between itself and Paddy Power who operates 210 shops in Ireland. The company will spend Euro 3 million on renovating and shopfitting all …
The mudslinging between Bodog Asia and its former Philippines manager Robert Gustafsson has continued into this week and appears unlikely to enhance the image of the parties involved, or indeed the industry in that region going forward. Our readers will recall from previous reports that Gustafsson and a number of other former Bodog Asia employees …
Racing Post editor Bruce Millington had his hands full addressing a major hacking attack this week which he described as “sophisticated, sustained and aggressive,” admitting that a subscriber database had been partly compromised. Millington emphasised that customer debit and credit card details were not part of the compromised database and were therefore safe and secure, …
iSoftbet has launched its latest branded content based on the classic 1986 war movie Platoon. The development of the game was made possible following a new agreement with MGM Interactive, a subsidiary of Metro-Goldwyn-Mayer Studios Inc. “Our branded games collection has gone from strength to strength over the last year, and with the addition of …
Following Bally Technologies’ completion of the acquisition of SHFL Entertainment, the company has announced the senior executive team that will lead the expanded company forward. Senior Level Executives reporting to Bally president and chief executive officer Ramesh Srinivasan comprise: – Senior Vice President for Law and Government, Secretary, and General Counsel Mark Lerner will retire …
Social Thrills AB, whose parent company Social Holdings Ltd is 41.85 percent owned by Mr Green & Co, is due to launch its first social casino on Facebook. Mr Green has invested SEK 19.1 million in Social Holdings and co-founder Henrik Bergquist and Frederik Sidfalk were instrumental in the development of Social Thrills AB and …
Bwin Party Digital Entertainment issued a statement Tuesday confirming its green light for full New Jersey online gambling operations on four websites in partnership with the Borgata Hotel Casino and Spa. CEO Norbert Teufelberger said: “This is an historic day for us. It marks our return to the United States after an absence of seven …
The respected business news publication Bloombergs has advocated US legalisation of online gambling in an editorial this week, suggesting that there are more pros than cons to the idea. By 2023, according to a forecast by Bloomberg Industries, annual online gambling revenue could reach $23 billion nationwide. In a just world, it would be legal …
American Gaming Association chief Geoff Freeman reiterated his trade body’s support for the regulation and licensing of online poker Monday, reprising his arguments voiced last week in the wake of the Adelson attack on internet gambling . Speaking on the “The Daily Rundown with Chuck Todd” show, Freeman said that regulation, not prohibition, will protect …