Gambling news - page 961

Delaware triggers online gambling

28 Aug 2013

Delaware casinos will launch free-play online sites using IGT’s DoubleDown Casino on Facebook today (Wednesday) as part of the state’s preparations for an October 2013 real-money launch. The eastern state is one of three that has legalised online gambling on its books, including New Jersey and Nevada, whilst other states are still mulling the pros …

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New general manager at Geocomply

27 Aug 2013

GeoComply USA has announced the appointment of Valli Ardalan as general manager for its iGaming division. Ardalan, most recently head of poker operations for Bwin.Party Digital Entertainment, will commute between the UK and the US as he takes on responsibility for GeoComply’s customers in Nevada, New Jersey and Canada as well as the European platforms …

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Trading school launched

27 Aug 2013

Sporting Solutions, the B2B software and data services division of the Sporting Index Group, has entered into a major collaboration with the University of Salford to establish a Trading School of Excellence for the betting industry. Individuals who successfully complete the establishment’s course will be awarded a Post-graduate Certificate in Sports Pricing and Trading – …

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New French sports betting platform planned

27 Aug 2013

Sportnco, the odds and risk management division of French operator and platform provider Franc Pari, has inked a partnership agreement with sportsbetting forecaster FootballFeeling that will see the launch of a new sportsbetting platform in France. The new Feelingbet site will allow football punters to bet on games and access forecasts provided by FootballFeeling. The …

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Online gambling group ceases trading

27 Aug 2013

The many aggrieved players impacted financially by the Purple Lounge Poker meltdown last year will perhaps view with some satisfaction the failure of parent group Media Corp plc despite questionable corporate manoeuvring and new management. This week Media Corp issued a stock exchange notification advising that the company “…lacks the funds to continue without material …

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Tain and Betting Promotion Sweden to merge?

27 Aug 2013

Sportsbetting solutions supplier Betting Promotion Sweden and gaming software developer Tain have confirmed they are in talks over a possible merger, but cautioned that negotiations were still at the preliminary stage and would not be completed until October, when a final decision will be taken at a Betting Promotion Sweden Extraordinary General Meeting. Betting Promotion …

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Online casino takes up Italian football sponsorship

27 Aug 2013

The Gibraltar-based 32Red online casino has signed a two-season sponsorship deal with Italian football club Bologna. A company spokesman said Tuesday that the deal is expected to boost the 32Red profile in Italy, where it has been a regulated and licensed operator since November 2012. The marketing publication Drum reports that the deal includes both …

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Bulgaria tweaks blacklist

27 Aug 2013

Just on two months since adding Bet7days.com, PartyPoker and Tobet.com to its nascent blacklist the Bulgarian Gambling Commission – now under new leadership – has executed a volte face and taken the three websites off as now compliant with its rather confusing regulations. This would appear to indicate that the operators have made their peace …

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Betting on Bitcoin

27 Aug 2013

Cashing in on the growing popularity of the Bitcoin virtual currency, Swiss software developer Betting has launched a new online sportsbetting platform designed for operators who intend to use the currency in wagering operations. Betting is the trading name of Swiss Interactive Software GmbH, a Swiss gaming supplier founded in 2008 with extensive experience in …

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Aussie electoral storm over problem gambling

27 Aug 2013

The Coalition, which is challenging the Rudd Labor government in the Australian national elections, has come under fire for its proposals regarding problem gambling – a sensitive issue that has received a huge amount of publicity in the country. If it unseats the present federal government, the Coalition has said that it intends to abolish …

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Alleged mastermind of internet cafe gambling ring wants charges dismissed

27 Aug 2013

Kelly Mathis, the lawyer whom prosecutors allege masterminded the $300 million US internet cafe charity gambling ring titled Allied Veterans has asked a Seminole County, Florida judge to dismiss some of the charges against him. The Jacksonville attorney wants Judge Kenneth Lester to dismiss around 50 money laundering charges, arguing that the money he received …

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New problem gambler requirements in New Jersey

27 Aug 2013

Three additional anti-problem gambling regulations were added to New Jersey’s list of stiff online gambling operator requirements late last week. The additions all concern account limits and require operators to: * Impose player-decided caps on the amount of money deposited in an account. The limit is flexible insofar as it can be based on daily, …

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New Jersey governor confident in winning sports betting litigation

27 Aug 2013

New Jersey governor Chris Christie left listeners in no doubt about his determination to secure sports betting for his state in a New York morning radio show interview this week, assuring the audience that if necessary he is prepared to fight the case all the way to the US Supreme Court. The governor was referring …

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BetTek signs up Elray for virtual horse racing

27 Aug 2013

Elray Gaming has inked a deal for the provision of virtual horse racing facilities with BetTek SIMTV. Elray will deploy the server-based product direct to consumers, and will also use it in building white label networked products for companies that already own and operate online gaming products, casinos and sports betting facilities. The SIMTV betting …

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Aristocrat Leisure chief talks on internet and social gambling

26 Aug 2013

Jamie Odell, the former Fosters exec who has helmed the Aristocrat land and online gambling supply company in Australia for the past four years, talked to the Wall Street Journal over the weekend on his future plans for the enterprise. Odell said that investment in developing the company’s games, company acquisitions and preparing for the …

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UK point-of-consumption gambling tax a ‘seismic shift’ for the industry?

26 Aug 2013

Quoting a number of industry analysts, CNBC claimed at the weekend that online bookmakers are moving into Europe and Australia to offset potential losses from an upcoming U.K. gambling tax, which could cause a “seismic shift” in the industry. The end-2014 introduction of the 15 percent tax and secondary UK licensing on all internet gambling …

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Major online sports gambling bust in the U.S.A

26 Aug 2013

Nine defendants, led by Ylli Gjeli, are named in a new online sports betting indictment unsealed in the United States District Court for the Eastern District of Pennsylvania on Friday, accusing them of a slew of federal charges that include RICO activity, loan sharking and providing illegal online gambling through websites like 247fantasysports.com and YourBetsOnline.com. …

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Gigamedia Q2 revenues dive almost 50 percent

24 Aug 2013

Taiwan-based online gambling group GigaMedia’s misfortunes continued to mount this week with the release of the company’s Q2-2013 numbers, revealing that revenues were down 13 percent to $3.65 million on the last quarter, and 49 percent year-on-year. Gross profit declined 17 percent to $1.92 million on the quarter, and 50 percent compared with the same …

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SBObet adds Southhampton to its football sponsorship list

24 Aug 2013

Asian-facing online betting firm SBObet continued its English Premier League football sponsorship spree this week with a three year deal with Southampton FC, bringing to five the clubs with which it will be associated in coming seasons. The Isle of Man licensed company, headed by former regulator Bill Mummery, has previously announced deals with Norwich …

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Job losses at Seattle games developer

24 Aug 2013

Media in Seattle is reporting major changes in train at one of the most promising US game developers, Big Fish Gaming, with up to 140 staff lay-offs in both the United States and Europe. Up to 50 jobs will be lost at the Seattle headquarters of the firm, with other staff cuts and transfers in …

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Call for a level playing field in Holland

24 Aug 2013

The publication Intergame carried an interesting interview with arcade gaming company JVH’s chief executive, Eric Olders, this week in which he called for a level playing field when the Dutch government implements its online gambling regulations. Olders said that gambling law in the Netherlands was in need of change to keep pace with the modern …

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Strong Q2-2013 for newly listed Mr Green Casino

23 Aug 2013

In its first interim report as a listed company on Sweden’s AktieTorget, online gambling company Mr Green AB posted high growth for game win and operating profit in Q2-2013. Game win increased 77 percent year-on-year and totalled SEK 114.6 million. Operating profit also rose substantially, reaching SEK 27.4 million (3.6) for the quarter. Earnings per …

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Bahamas to discuss online gambling possibilities

23 Aug 2013

The Bahamas tourism industry gathers together next month for a conference titled “Shrinking The Global Divide: Synergy, Service and Sustainability” and on the agenda is a discussion on the legalisation of online gambling and the tourism benefits that could bring to the nation. Proponents of internet gambling claim that the country’s gaming laws have not …

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Sportech eyes New Jersey for online gambling

23 Aug 2013

The Sportech gambling group’s struggling Playtech-powered e-gaming division could be given a new lease of life if the company is able to enter the legalised New Jersey online gambling market in November this year, an area in which it appears to share competitive ambitions with a number of other international online gambling firms. The company’s …

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