Online operations were an important positive contributor to US racing company Churchill Downs third quarter results, released Wednesday by the company. Betting on TwinSpires.com, Churchill’s online advance-deposit wagering platform, grew 7.3 percent, and online operations reported a 6 percent revenue rise to $48.5 million, raising the online division’s earnings by 31 percent. Churchill reported a …
The UK interactive television gambling group NetPlayTV has purchased Vernons.com, the e-gaming division of Sportech plc, from Sportech (Alderney) Limited. Vernons.com operates an online casino, bingo, poker and sports book, and the acquisition includes the brand, customer database of 367,000 players and various other gaming assets. The purchase, through the group’s subsidiary NetPlayTV Group Limited …
Party Gaming founders and subsequent major shareholders in the merged Bwin.Party online gambling group, Ruth Parasol and Russell DeLeon, have elected to put their shares into divestiture trust accounts to pave the way for the group to obtain New Jersey online gambling licensing. Industry observers have speculated that the arrangements may be designed to alleviate …
The Rank Group Plc (Rank) has applied for leave to appeal to the Supreme Court following a ruling handed down by the Court of Appeal in favour of HM Revenue & Customs. The case concerns a claim for overpaid VAT between 2002 and 2005 . Rank was awarded the HMRC refund amounting to GBP 30.8 …
Gaming platform provider EveryMatrix has brightened up its image with new product logos carrying a fun and vibrant vibe. EveryMatrix’s new website delivers a modern, colourful design and simple navigation featuring tailored product information relevant to prospective clients and detailed, yet easy to read, information on each product and its suitability and range for the …
The Alderney Gambling Control Commission (AGCC) has reported back on its closed hearing with Sheriff Gaming parent company Bubble Group BV , saying only that its Category 2 Associate Certificate remains suspended until further notice. No additional details were provided.
The International Social Gaming Association (ISGA), a body that emerged following a merger between The Social Gaming Association (SGA) and the International Social Games Coalition (ISGC) in September , has developed a set of best practice principles for the social games industry. The set of best practice principles covers five areas which are intended to …
The super-debt of US land gambling giant Caesars Entertainment, currently at around $23.8 billion, continued to weigh heavily on the group’s third quarter results released this week. The group posted a $761.4 million loss in the quarter, with debt servicing gobbling up $563 million from revenues that were just 0.7 percent up at $2.18 billion. …
The difference between gamblers and social gamers is that the former want to win, whereas the latter additionally want to enjoy the networking ambience, is the message one social gaming expert appeared to be putting across in an article on Geekwire this week. Paul Thelen, the CEO of Seattle-based social games developer Big Fish cautioned …
Net Entertainment has confirmed weekend speculation on a massive progressive slot win on its Hall of the Gods jackpot. The massive jackpot of Euro 6.4 million was awarded to an unidentified Scottish punter playing at BetVictor Casino. This jackpot win shortly follows another large hit just days ago when Net Entertainment’s Mega Fortune slot jackpot …
This game features a Bonus Round triggered by the appearance of three or more Pirate Ship icons anywhere on the screen. Players must fire their cannon on enemy vessels and collect the booty as the ships sink down to Davey Jones’ Locker. Lady Red, the pirate princess, will grant players a free spin feature should …
Intralot subsidiary in Poland, Totolotek, has launched interactive operations in Poland following its award of a 6-year betting licence from the Polish Ministry of Finance in July. Totolotek, in collaboration with Intralot Interactive, is offering Polish players a Fixed Odds Betting product which includes Live Betting and Football Pool Games. Accessible through totolotek.pl, the games …
Social gambling developer Bee Cave Games is to enter the real-money sector with three new online slots, reports the publication Venturebeat. Three multi-player slots titles — Creatures of Wonder, Treasure of the Tides, and Wilderness Jackpot — will join the company’s existing Blackjack Casino title, which is accessible through Facebook and mobile channels. Jeremy Strauser, …
My Club Betting.com, an online betting service provider, has been appointed official betting partner to the UK Rugby League World Cup 2013. Participating clubs earn a percentage of profits made from betting activity, and My Club Betting provides and manages a fully featured website in club colours and branding identity, along with marketing services to …
The Cheltenham Racecourse has announced that online and land betting group Stan James has renewed its sponsorship of the Champion Hurdle and is backing two more leading trials for the hurdling showpiece on the “Road To Cheltenham”. The newly-supported races are both run on Sunday, November 17 – the StanJames.com Greatwood Hurdle at Cheltenham and …
The Isle of Man-based online gambling provider Playtech plc has posted another set of strong quarterly performance results, reporting that group revenues rose 16 percent, boosted by a 24 percent rise in casino returns and growing sports betting success. Reporting on performance in the three months ended September 30, the company highlighted the following quarter-on-quarter …
Federal and Nevada state authorities are currently investigating Cantor Gaming, according to a report in the Wall Street Journal this week, which claims that questions have been raised regarding Cantor’s reportage on suspicious transactions required under money-laundering regulations. Earlier this year Michael Colbert, the former chief bookmaker of Cantor Gaming, pleaded guilty to fraud conspiracy …
The Ontario Lottery and Gaming Corporation appears to be playing it safe with the launch of its online gambling service on the website PlayOLG.ca. Working with Spielo-GTech the lottery had hoped to launch this autumn, but a spokesman said this week that “developmental delays” have now pushed the implementation date back “indefinitely.” A spokesman said …
The New Jersey Division of Gaming Enforcement, which regulates the soon-to-be-launched online gambling business in the Garden State, has approved Optimal Payments as suitable to offer payment and risk management solutions to New Jersey licensed providers of Internet gaming. The parent group for Neteller, Optimal Payments is highly experienced and well proven in the global …
The Lac du Flambeau Band of Lake Superior Chippewa in Wisconsin has become the first tribe to ratify the Tribal Internet Gaming Alliance treaty, an inter-governmental agreement between tribes willing to work together to develop a single platform Internet gaming business, reports Indian Country Today. A spokesman for the Lac du Flambeau band said the …
Following complaints against Unibet and Vera&John Casino for flighting advertisements “without a due sense of social responsibility” earlier this month , the Swedish Gaming Industry Ethical Council has issued new guidelines restricting bonus offers to the equivalent in Swedish Kronor of around $32. The online gambling operators were criticised by the Swedish advertising ombudsman at …
The Bulgarian State Gambling Commission revised its online gambling blacklist with the addition of five more websites today (Monday). Latest operators deemed to be illegally offering online gambling in the absence of a Bulgarian licence are betsonic.com, oddsring.com, primecasino.com, betcave.com and betcris.com. Operators can appeal the decision through the Sofia Administrative Court, within 14 days …
Social gaming firm Zynga has launched a new casino-style offering titled Hit It Rich! The new online social casino game, available to players through Zynga’s website and on Facebook, offers games themed on favorite entertainment icons such as the Wizard of Oz. Well timed for Halloween, players can enter the spooky world of Elvira, Mistress …
Webis Holdings plc, parent to WatchandWager and betinternet.com, has turned its fortunes around to post a full year Total Comprehensive Profit, its first since 2009. The company said the continued enhancement of its customer-facing website and the recruitment of more experienced industry personnel have put the company on the upward track. Key performance highlights for …