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Justice Valmiki J. Mehta of the Delhi High Court ruled in favour of rummy club operators this week, finding that playing for small stakes in rummy clubs does not constitute gambling. The judge adjudicated an appeal by Suresh Kumar, who had earlier been ordered by a lower court to pay damages related to the filing …
High 5 Games has entered into its first third party content supply agreement with Australian development studio Lighting Box for the provision of five titles which will launch exclusively over the next 12 months on High 5 Casino. Chilli Gold will be the first to roll out next week, followed by Silver Pride in early …
Players will enter a world of flashy gold watches, expensive cell phones and other luxury items in Play’n GO’s latest five-reel, 10-payline slot, ‘Fu Er Dai’. When the wild, red-eyed dragon lands on an inner reel, it transforms into a wild dragon girl who expands to cover the entire reel in order to reveal her …
Bet-At-Home AG has achieved all time highs in both revenue and EBITDA according to its latest fiscal report. Consolidated results for the first three quarters of 2017, ending September 30 2017, include: – A 19 percent increase in EBIT to Euro 24.4 million, up Euro 3.9 million year-on-year (Q1-Q3 2016: Euro 20.5 million). – EBITDA …
New Jersey state lottery operator Northstar had to make an embarrassing product withdrawal of its High Card Poker scratchcard game this week within days of launch after players pointed out that the card ranking used in the game was wrong. High Card Poker offered a top prize of $150,000, with publicity promising a total of …
Figures from the UK Gambling Commission covering the period October 2015 to September 2016 show that the UK licensed business overall delivered total revenues 3 percent up y-o-y at GBP 13.82 billion, with online gambling the best revenue earner, making a contribution of GBP 4.23 billion, a figure that has since risen to GBP 4.46 …
The Punjab and Haryana high court in India handed down an important finding this week, ruling that daily fantasy sports activity is a skill-based form of gaming and therefore does not constitute gambling. The Times of India reports that Justice Amit Rawal opined that playing fantasy games online requires considerable skill, judgment and discretion, and …
Sydney’s Fairfield Council, which has authority over 3,836 pokie machines in 38 venues, has expressed alarm at the amount of bets going through the machines, which according to recent New South Wales research topped A$8.2 billion in 2015-2016. Actual punter losses on those stakes were around A$800 million, but anti-gambling groups have focused on the …
NYX Gaming Group, in its first quarter report for the period ending March 31, 2017, delivered with revenues soaring almost 200 percent which it attributes to a number of factors including the results of operations from OpenBet and Betdigital, increased gaming revenues from existing customers, and new customer launches. First Quarter 2017 Highlights include: Revenue …
Justice Isaac Lenaola of the Kenya High Court has laid down administrative guidelines for gambling regulators after adjudicating on an issue regarding the Nairobi County’s taxation on betting companies. In his judgement, Justice Lenaola suspended the County’s betting, lotteries and gaming Act for 60 days pending gazetting. And if that does not occur within the …
An interesting report from Bloomberg highlights a shift in high roller behavior following the Chinese Government’s clamp down on junket operators and proxy betting in neighboring Macau. Bloomberg observes 85 percent in VIP revenues are now gleaned through betting by proxy in the Philippine casino VIP rooms, mainly conducted through junket operators. A form of …
B2B gaming solution and services provider Nektan has entered into an agreement with High 5 Games (H5G) under which it will exclusively distribute the developer’s real money gaming content in Europe and assume responsibility for the management of H5G’s technology and games. The deal also provides Nektan the rights to port H5G’s existing flash games …
A trial date has been set for former chief executive officer and president of Amaya Inc. David Baazov to appear before a Canadian High Court on November 20, 2017. Slated as the largest insider trading investigation in Canadian history, the Autorité des marchés financiers (AMF) said during a hearing Tuesday, it expects to call around …
The month of February 2017 has seen a continuation in the improved revenues flowing from gambling operations on Macau, with the latest numbers from the regulator published Wednesday revealing that revenue hit a two-year high by the end of the month, underlining the steady recovery from a three-year drought created by an economic slowdown in …
Yggdrasil Gaming delivered an impressive performance in its fourth quarter and full year report 2016 this week saying the foundations have been laid to build a sustainable, world class gaming supply that will continue to push the industry forward. Key performance highlights for the full year 2016, include: – A 332 percent increase in revenue …
Kindred Group (formerly Unibet Group) has announced the launch of a new online casino brand focused on Norwegian and Swedish high rollers. Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month. The brand will, for the first time, introduce third party affordability assessments …
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports. The positive outlook comes from the new chairman of the Community, Economic and Recreational Development Committee in the Senate, Senator …
Mile High Racing and Entertainment (MHRE) announced Tuesday that the Colorado Racing Commission has approved its daily fantasy sports activity allowing MHRE to offer fantasy sports contests in nine Colorado locations. Operating as Mile High Fantasy Sports, the contests will include professional football, basketball, hockey, baseball and other daily fantasy sports (DFS) contests. Las Vegas …
The popular theme of the good life enjoyed by the rich and famous is about to surface again in an upcoming Microgaming slot. The company released a preview of its “Life of Riches” slot Friday, a 5 reel, 30 selectable pay-lines game with a theme featuring luxury cars, expensive yachts, private jets and a liberal …
Las Vegas-headquartered NYX Gaming Group (NYX) delivered impressive third quarter results driven by organic growth across all verticals and the firm enjoying the fruits of its M&A strategy. Key performance highlights for the three months ending September 30, 2016 include: – Revenue of C$54.4 million (Q3/2015: C$13.23 million), an impressive increase of 308.9 percent. – …
The Association of Online Gambling Operators, a trade association representing the interests of European Union operators active in Sweden, has commissioned an independent research company to confirm the obvious to Swedish politicians – set the tax rate in a liberalised Swedish market too high and there will be fewer operators interested in licensing, leading to …
Brazilian media reports this week have triggered hopes for online gambling legalisation in the vast South American nation, with the expectation that within the next week the national House will see a new gaming reform bill (PL442/1991) featuring the genre, although it may take some time to pass. A Senate committee in April passed legislation …
Alea-owned SlotsMillion has integrated a further seven titles from QuickSpin comprising Wild Chase, Genies Touch, Crystal Queen, The Epic Journey, Sevens High, Hidden Valley and Razortooth. “We’re extremely happy to be providing more games to SlotsMillion, an operator that thrives on creating a fully immersive casino experience for its players,” remarked Daniel Lindberg, chief executive …
Mobile gaming developer Gaming Realms plc delivered strong full year 2015 results and reports continued upward momentum during its first quarter of 2016. Key performance highlights for the full year ending December 31, 2015 include: – Revenue up 116 percent to GBP 21.2 million (FY/2014: GBP 9.8 million, 15m/2014: GBP 11.2 million). – Real money …