Gambling news - page 999

New online slots from WinADay

16 Apr 2013

Proprietary software-powered WinADay Casino has added another five online penny slots to its games suite. The new themed offerings are titled Vikings, Wild West, Beauty Salon, Monster Trucks and Safari Park. The latest launch follows the introduction by the casino of five earlier slots in March, titled Aztec Adventure, City Girls, Deep Blue, Sam’s Burger …

Read now

Big money in Atlantic City internet gambling

16 Apr 2013

Atlantic City’s land casinos can anticipate gross gambling yield of up to $262 million in the first full year of online gambling legalisation in New Jersey, reports the industry research and consultancy firm GamblingData. Total GGY will rise to $462 million a year when the market reaches maturity, which GamblingData expects to occur in the …

Read now

Ezugi in live dealer agreement with online sports betting operator

16 Apr 2013

Newcomer on the live dealer provider scene, Ezugi, has inked an agreement to supply its product to online sports betting operator Golden-Race.com. The deal calls for the provision of a full suite of live table games, from Poker to Blackjack, in a combination of real-time game play and social media access. Ezugi gives the option …

Read now

Online sports betting grows in Nigeria

16 Apr 2013

The accessibility of internet and mobile sports betting websites has fostered a rise in the popularity of sports betting, especially on international football matches, reports the Nigerian publication ThisDayLive. The report notes that a growing number of Nigerian betting sites are appearing on the internet, with many of them having physical offices in cities across …

Read now

South Korean illegal gambling tops $66 billion

16 Apr 2013

The latest estimates from the South Korean National Gambling Control Commission show that illegal gambling, much of it taking place online, has topped $66 billion annually, reports the publication Chosunilbo. “Illegal gambling in Korea has ballooned by more than 40 percent from 2008 to $66 billion last year, according to the National Gambling Control Commission,” …

Read now

COPI to rebrand as SeanieMac International

15 Apr 2013

Compliance Systems Corp (COPI), the parent company of Irish online sportsbook and casino website Seanie Mac.com, has said it intends rebranding as SeanieMac International and will apply for a new trading symbol following the launch of gaming operations in Ireland . Barry Brookstein, chief executive officer of Compliance Systems, said “With the pending launch of …

Read now

Ainsworth and Bally in online content deal

15 Apr 2013

Ainsworth Game Technology will supply online gaming content to Bally Technologies’ iGaming Platform customers in a supply deal signed this week. The company said content will also be available on Bally’s Remote Gaming Server for distribution in regulated markets. “We are excited to enter into this agreement with Ainsworth,” said Bally Technologies’ Senior Vice President …

Read now

Scientific Games and GTECH JV awarded New Jersey lottery contract

15 Apr 2013

The New Jersey Treasury Department has issued a notice of intent to award a contract to Northstar New Jersey Lottery Group (Northstar), a joint venture comprised of Scientific Games International, Lottomatica’s GTECH Corporation and OSI LTT NJ Holdings Inc. OSI LTT NJ Holdings Inc. is an indirect subsidiary of OMERS Administration Corporation, the administrator of …

Read now

Rank plc set to become the biggest land gambling group in the UK

15 Apr 2013

The Rank plc land and online gambling group is set to become Britain’s largest land gambling firm following the approval this week of the UK Competitions Commission for the Gala Coral deal. Rank can now go ahead with the acquisition of Gala Coral’s land-based estate in the GBP 179 million deal. The issue has been …

Read now

Online casinos introduce live dealer

15 Apr 2013

Two online casinos selected different live dealers to widen their player offerings this week. Crazy Vegas Casino opted for Playboy Live Dealer games, whilst Mr Green selected Evolution Gaming as its supplier. Baccarat, Roulette and Blackjack games, dealt by attractive young women in Playboy costumes will be available to players at Crazy Vegas, Harry Von …

Read now

Betfair advises shareholders to take no action

15 Apr 2013

Betfair has responded to rumours that it is the focus of a takeover bid by CVC Capital Partners saying there can be no certainty that an offer will be made or as to the terms on which any offer might be made and is advising its shareholders to sit tight and not take any action …

Read now

William Hill completes Playtech call option exercise

15 Apr 2013

Playtech announced Monday that William Hill plc is completing the exercise of its call option to acquire Playtech’s 29 percent stake in William Hill Online for GBP 423.75 million, delivering a cash-on-cash return of more than 3.5 times which excludes software royalties. The amount will be subject to a post-completion working capital adjustment and Playtech …

Read now

CVC confirms it is “in talks” with online betting exchange investors

15 Apr 2013

Reports on Sky News over the weekend that Betfair plc was being targeted in a takeover bid by CWC Capital Partners were confirmed Monday by CWC, which revealed that it is in talks about making a takeover offer for the betting exchange. CVC told the Reuters news service that it has held preliminary discussions with …

Read now

Putting a face to a name in internet gambling

15 Apr 2013

New technology company Facebanx has developed an innovative online facial recognition technology solution that will enable online gambling operators, banks, payment processors and ID verification companies to dramatically reduce fraud and ID theft, and provide a key weapon in their battle with fraudsters, claims a company spokesman. Facebanx works by users simply adding their face …

Read now

Tropezia Palace adds Quickfire games

15 Apr 2013

Affiliate Republik has announced that it has signed yet another software agreement for the provision of additional games for its Tropezia Palace online casino. The latest agreement is with Microgaming’s Quickfire division, which is to provide a range of games that includes top branded offerings such as Lara Croft: Tomb Raider, Thunderstruck and Hitman. Tropezia …

Read now

NYX Interactive acquires poker software developer

15 Apr 2013

The NYX Gaming group has announced the acquisition of Las Vegas-based Zen Entertainment Inc., developers of poker software for the social gaming environment. A company spokesman said Monday that the acquisition of Zen expands the NYX Gaming Group business, augmenting a worldwide footprint that now includes Europe, North America and Australasia. “Zen’s competitive “play for …

Read now

Ladbrokes releases latest quarterly results

15 Apr 2013

Ladbrokes has released its interim management statement for the 3 months ended 31 March 2013, reporting that the land and online gambling group continues to progress its ‘reinvigoration strategy.’ Management report that the quarter has seen further improvements in pricing trading and liability management; continued evolution of its retail offer; the delivery of a new …

Read now

Cherry takes over Yggdrasil

15 Apr 2013

An agreement made at the ICE show earlier this year between PlayCherry Ltd and online games provider Yggdrasil Gaming was confirmed by the Cherry Group Monday, revealing that the initial agreement calls for the provision of 19 games. Cherry’s Maltese subsidiary PlayCherry Ltd is the first operator to sign an agreement with Yggdrasil, and Cherry …

Read now

New China football deal for Vodone

15 Apr 2013

The Hong Kong-based new sports media group VODone had signed a ‘strategic alliance’ agreement with Chinese Football Association Super League team “Liaoning Whowin”. The agreement will see the company becoming the main sponsor of Liaoning Whowin for the 2013 CSL season. “This marks our formal expansion into the CSL to become the first CSL club …

Read now

Bitcoin trading halted

15 Apr 2013

Following a roller coaster month of the Cyprus banking debacle, rocketing Bitcoin value, DDoS attacks and then a huge sell-off of the virtual currency, the principal Bitcoin exchange, Tokyo-based Mt. Gox, ceased trading Thursday. Immediately before the shutdown, the currency dropped over half its value only hours after it had peaked. Worth around a unit …

Read now

Amaya Gaming to sponsor US online gambling conference

15 Apr 2013

The Montreal-based internet gambling software development group Amaya Gaming, which includes Ongame, Cryptologic and Chartwell Technology among its subsidiaries, is to become lead sponsor for the annual Global iGaming Summit and Expo (GIGSE), which takes place on April 23-25, 2013, in San Francisco, California. Darcy Krogh, Amaya’s vice president of business development, said this week …

Read now

No tax increases on internet gambling in Italy, says AAMS chief

14 Apr 2013

The Italian government is unlikely to make the same mistakes as that in France by over-taxing online gambling, it appears from statements this week by the new chief of regulator Amministrazione Autonoma Monopoli di Stato (AAMS). New incumbent Luigi Magistro gave the assurance that there are no plans to introduce additional taxes on internet gambling …

Read now

Investment firm interested in acquiring Betfair

14 Apr 2013

The major UK private equity group, CVC Capital Partners, is seriously considering making a bid to acquire online betting exchange Betfair, according to reports late Saturday on Sky News. The well-connected City editor of the television broadcaster, Mark Kleinman, cites insider sources on his report that CVC, which owns Formula One racing and has investments …

Read now

Brit manager stole over GBP 73k to feed online bingo habit

14 Apr 2013

British administration manager Elizabeth Sutton (55) was sentenced to 20 months jail this week after she pleaded guilty to stealing some GBP 73,566 from her employer Camelot Automotive to fund an online bingo habit she sustained between December 1, 2009 and August 25, 2011. The theft placed the future of the company ‘in jeopardy’ and …

Read now