Gambling news - page 992

Aussie gambling addict blew A$ 8 million at online casino

8 May 2013

Wendy Hope Johnson, a fifty-year-old Australian woman and avid online gambler, has admitted guilt in a shocking case of internet gambling addiction which saw her embezzle almost A$ 8 million from her hotel group employers. Jobson’s defence claimed that she was out of touch with reality when she used internet banking to siphon money from …

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New 3D Keno games from Yggdrasil

8 May 2013

The Malta-based RNG lottery products developer, Yggdrasil Gaming has launched a portfolio of 3D Video Keno games for the online lottery sector. The first four games introduced on the company’s corporate website Tuesday combine sharp graphics and animation with multiple-player features, with variable stakes from Euro 0.25 to Euro 50.00 per game round. Players can …

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UK Gambling Commission latest participation survey results

8 May 2013

The UK Gambling Commission has released the results of its quarterly gambling participation survey undertaken by ICM Research who conducted omnibus surveys on a sample of 4000 respondents. The latest survey shows little change in the gambling participation of UK residents with 58 percent of respondents partaking in at least one form of gambling in …

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Store clerk sentenced for attempted lottery swindle

8 May 2013

A Maidstone Crown Court sentenced 26-year-old Gravesend shop clerk Imran Pervais to 12 months in prison, suspended for two years for fraud by false representation. Pervais was found guilty in March after he tried to con Callum Crosier, who was entrusted with a lottery ticket by a workplace syndicate, out of a major win in …

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More social casino-style game launches

8 May 2013

Two new social casino-style games have launched into the social and mobile environments titled Bingo Rider and StackJack. Spanish social casino gaming company Akamon Entertainment’s first game for mobile devices Bingo Rider is now available in the Apple Appstore and is currently available for iOS mobile devices and tablets, the game will be launched on …

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PAF doubles social contribution on the back of strong results

7 May 2013

Finnish online gambling operator Åland Penningautomatförening (Paf) reported a 26 percent increase in Group operating profit amounting to Euro 24.7 million in its FY2012 financial review. Revenue (before Gaming tax) reached Euro 117 million, an increase of 11 percent and profits amounted to Euro 26.8 million equating to an increase of 28 percent compared to …

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WMS Interactive delivers strong growth

7 May 2013

WMS Industries Inc. presented strong interactive results in its first quarterly report of 2013. Group results were, however, impacted by a significant increase in marketing spend to support the growth of interactive along with the launch of the firm’s Blade and Gamefiled xD gaming cabinets to the terrestrial casino floor. Key performance highlights include: –           …

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Punter wins GBP 200 000 on a series fo accumulator bets

7 May 2013

The Telegraph reports a William Hill punter winning GBP 209 731 after spending GBP15.84 on a series of accumulator-style bets, beating incredible odds of eleven million to one. One of the bets placed online required eight horses to achieve the top four placings in eight races earning the punter GBP 111 294 on a 2p …

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Betfair full year 2013 results posted

7 May 2013

The UK online gambling group Betfair plc, which is currently fighting off an acquisition attempt by a private equity partnership has posted an unaudited trading update following the end of its financial year on 30 April 2013. Highlights of the report and a trading update include: * Estimated results above the top end of Betfair’s …

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Jack Gold punters have new content from today

7 May 2013

Transforming a commercial agreement into a player-appealing online and mobile gambling activity has been quickly achieved through teamwork between online gambling operator Jack Gold Casino and content provider Microgaming, which this week saw a suite of 7 Microgaming Quickfire games, including a suite of video poker games, go live. The casino, which is optimised for …

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Ezugi announces live dealer casino agreement with Tom Horn Enterprises

7 May 2013

Live dealer casino provider Ezugi has signed an agreement to provide Tom Horn Enterprises with its live casino offering. The partnership will provide Tom Horn’s online and land based customer base with a live casino solution that also embraces the power of social media, and will additionally enable players of Ezugi’s live casino to play …

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NetEnt previews its slot game for June

7 May 2013

Although no detail is given, the Swedish online gambling software developer Net Entertainment has previewed its June slot release on Youtube here: The game, due for release around June 25, appears to feature a theme from the early rough-house days of boxing.

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GTECH to bid for next Irish lottery licence

7 May 2013

GTech, a subsidiary of the giant Italian gambling group Lottomatica, is planning to bid for Ireland’s next lottery licence and may form an alliance with the country’s state postal service which operates the current licence, a Gtech official told the Irish Times newspaper on Tuesday. The 20-year licence, which is not part of Ireland’s main …

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Internet operations good for Cherry in first quarter 2013

7 May 2013

The Swedish and Malta-based online and land gambling group Cherry has posted a solid Q1-2013 interim report ending March 31, and highlighting the following key performance indicators: * The company sold its Automaten sites for SEK 286 million, a profit of SEK 26.4 million. * Online gaming grew 35 percent, with deposits up 84 percent. …

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Online revenues boost Fortuna Entertainment

7 May 2013

Czech online and land betting company Fortuna Entertainment Group posted a 34.4 percent increase in EBITDA in the first quarter 2013 to Euro 11.3 million, with online operations making a substantial contribution. The steep increase was mainly due to strong growth in sports betting and a positive lottery EBITDA, the company said Tuesday. The reported …

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FBI agents posed online gamblers in Oklahoma investigation

7 May 2013

The Oklahoman newspaper reported Monday that undercover FBI employees won and lost thousands of dollars in a covert investigation of Oklahoma gambling operations, federal records show. The agents used the tactic to build a case against online sports betting organisation Legendz Sports operating from Costa Rica, leading to the federal indictment of 34 people in …

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2012 a better year for U.S. land gambling industry

7 May 2013

The American Gaming Association, trade body for most of the major non-tribal US land gambling groups, published its annual assessment of the industry this week, noting that overall gambling revenues increased by nearly 5 percent in 2012 and jobs held roughly steady. Non-tribal casinos took in $37.3 billion, an increase of 4.8 percent over 2011 …

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Pokerstars parent seeks court order on Atlantic Club deal

7 May 2013

The latest developments in the failed attempt by Pokerstars parent The Rational Group to buy a New Jersey land casino  created mainstream media headlines late Monday when the Isle of Man company was awarded a temporary restraining order stopping Atlantic Club owners Colony Capital LLC from entering into any acquisition deals on the casino for …

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Bad times for Holland Casino

7 May 2013

Financial problems are growing for the Dutch state-owned land gambling monopoly Holland Casino, reports the ANP news agency, noting that the gambling group posted a loss of Euro 652,000 last year and came under further pressure in the first three months of this year. The organisation, which may soon be privatised, according to various government …

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Aussie opposition leader threatens a crackdown on gambling ads

7 May 2013

The leader of Australia’s official Opposition, Tony Abbot, intends to more strictly regulate sports betting adverts if his party gets into power in the Australian elections this September. Speaking to ABC news at: http://www.abc.net.au/news/2013-05-05/tony-abbott-promises-gambling-crackdown/4670774, Abbot said that the broadcast of live betting odds during sports events was a particular bone of contention which his party …

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Lotto mistake brings a $14 million windfall

7 May 2013

Californian single mother-of-four Thuan Le was singled out by Fate for a 42 million-to-1 windfall in the state lottery this week, winning $14 million on a ticket she had not intended to buy. The California State Lottery reports that Le accidentally put $6 in an online self-service terminal at a local convenience store to buy …

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Finnplay to distribute Betsoft games

7 May 2013

Finnplay, the Finnish online gaming software provider, which specialises in affordable and customised gaming solutions, has inked an agreement with 3D online slots developer BetSoftGaming to distribute that company’s full range of games through the Finnplay i-gaming platform. “BetSoftGaming has some of the best 3D games available in the industry, which means our customers can …

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Sportsbet under fire from Aussie gambler

5 May 2013

The Sun Herald newspaper reports that the Victoria province in Australia is currently the setting for an interesting legal confrontation between Paddy Power subsidiary Sportsbet and a disgruntled local punter who claims that his opportunities to score have been unilaterally reduced by the operator. In litigation filed with the Victorian Civil and Administrative Tribunal, Robert …

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Internet gambling prompts revival of congressional gaming congress

5 May 2013

Two US Congressmen are recruiting their political colleagues for a revived Congressional Gaming Caucus with a view to protecting the existing gambling industry’s interests and promoting the benefit it brings to the American economy, reports the publication Delaware Online. Bennie Thompson, a Democrat from Mississippi, and Joe Heck, a Republican from Nevada have teamed up …

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