Gambling news - page 225

888 Holdings appoint responsible gaming director

14 Feb 2019

Andrew Anthony has been appointed 888 Holdings’ responsible gaming director. Anthony has spent almost sixteen years with the company, serving most recently prior to this appointment as Director of Finance Project Delivery for over a decade.

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New U.S. sports betting and poker bills introduced by lawmakers in numerous states

14 Feb 2019

Several U.S. States are looking for a piece of the sports betting action with the introduction of new bills. Washington State’s House of Representatives will consider a newTribal sports betting bill HB 1975 authored by Democrat Eric Pettigrew. Sparse on in-depth detail, the bill allows for terrestrial and online sports betting on professional and collegiate sports wagering in tribal …

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Kambi flys high in 2018 full year results

14 Feb 2019

Kambi Group plc’s full year 2018 results reported a strong performance bolstered by several retail sportsbook installations in the burgeoning US market. Performance highlights include: Revenue amounted to Euro 76.2 million (2017: Euro 62.1 million, up 14 percent. Operating profit (EBIT) was Euro 12.7 million (2017: Euro 7.7 million), with a margin of 16.7 percent (2017: …

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Betway extends exclusive partnership with ESL

14 Feb 2019

Betway will remain esports organizer and production company, ESL’s, exclusive betting sponsor of the largest CS:GO circuit events for a further year. The contract extension includes a further 12 month renewal option. Betway will continue to enjoy exclusive “behind the scenes” access, VIP hospitality, in-stream and in-stadia branding, as well as host of experiential and digital assets. Adam Savinson, …

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Paddy Power Betfair hit by legacy tax obligations

14 Feb 2019

Germany’s Hessen Fiscal Court has ruled against Paddy Power Betfair plc’s (PPB) appeal of a 2012 German tax assessment relating to the Betfair Exchange, which operated in Germany until November 2012. The Fiscal Court deemed that a tax liability of approximately Euro 40 million (GBP 36 million) along with accrued interest is payable. The second case involves a retroactive …

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IGT beefs up senior leadership team

13 Feb 2019

IGT has announced the appointment of Bob Vincent as Chairperson of IGT Global Solutions Corporation; Wendy Montgomery as Senior Vice President of Global Brand, Marketing, and Communications; and Scott Gunn as Senior Vice President of Corporate Public Affairs. Bob Vincent will serve as a senior consultant to IGT Chief Executive Officer Marco Sala and the rest of IGT’s senior leadership team. He has a …

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UK ASA publish new standards protecting children and young people

13 Feb 2019

The UK Advertising Standards Authority has published new standards to protect children and young people from exposure to gambling advertising effective April 1, 2019. The new standards: Prohibit online ads for gambling products being targeted at groups of individuals who are likely to be under 18 based on data about their online interests and browsing behaviour; Extensively …

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Kindred Group pleased with progress

13 Feb 2019

Kindred Group showcased a solid performance for the full year 2018 period and an all-time-high performance in Gross winnings revenue during the fourth quarter 2018. Key performance indicators for the 12 month period ending December 31, 2018, include: Gross winnings revenue amounted to GBP 907.6 million (2017: GBP 751.4 million) for the full year 2018. Underlying …

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Playtech BGT Sports extends Codere partnership

13 Feb 2019

Playtech BGT Sports has agreed a long-term omni-channel sportsbook extension with Codere for Spain and Latin America. The new contract, which will run until late 2022, covers its retail presence and online facilities in Spain, Mexico, Panama, and Colombia. It includes over 9,000 betting terminals and retail tills, with numbers expected to grow in the coming months. Playtech …

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Cherry delivers 89 percent increase  EBITDA during 2018

13 Feb 2019

Cherry AB’s latest annual report for full year 2018 details a substantial increase in consolidated revenue, profit and EBITDA. Key performance highlights for the 12 months ending December 31, 2018 include: Consolidated revenue increased by 44 percent to SEK 3,236 million (2017: SEK 2,252 million), of which organic growth amounted to 3 percent. Corporate acquisitions contributed …

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Italy’s ADM grants sixty-six concessions 

13 Feb 2019

Italy’s Agenzia delle dogane e dei monopoli (ADM) has finally published a list of licensees whose concessions are valid until December 31, 2022. Sixty-six concessions have been awarded and another four – Scommentendo SRL, Sogno Di Tolosa, Spati SRL and Universal Solutions SRL – with limitations attached. The number falls below the regulator’s anticipated surge of interest and a concession cap …

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MGA suspends Betixx license

13 Feb 2019

The Malta Gaming Authority (MGA) has suspended gaming licence MGA/B2C/247/2013 belonging to Betixx Limited effective February 12, 2019. Betixx and the websites it operates are no longer authorised to continue conducting gaming by means of distance communications under an Authority licence, the MGA said. “No further information shall be released at this stage in order not to compromise any investigations that …

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Long awaited Dutch remote gaming bill scheduled for vote next week

13 Feb 2019

The Dutch Remote Gaming Bill, after years of languishing in the Senate, has been scheduled for a vote on Tuesday, February 19 2019 following the conclusion of the Senate’s second day of deliberations. According to local news reports, the Casino Reform Bill, also under deliberation, has been withdrawn for the time being because of a lack of …

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Former VE Global exec woos investors for new iGaming venture

13 Feb 2019

Former VE Global executive Morten Tonnesen is reportedly wooing investors for the further development and expansion of a new iGaming platform dubbed BetWarrior. Tonnesen is looking to raise an eyebrow-raising GBP 77 million acquisition war chest, the Belfast Telegraph reports which it is thought will be used for acquisitions of technology providers, sports news companies and smaller operators. According to …

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Victory tribes at Pokerstars Casino 

13 Feb 2019

PokerStars Casino has launched its in-house developed real-money slot game ‘Victory Tribes’, hailed as an industry first for its multiple community features. The tribal-themed slot allows players to customise their game by selecting their “tribe” and taking on opponents in the bonus game, “Tournament Battles”. Five times every hour, up to 50 players will battle each …

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Quickspin’s Ticket to the Stars

12 Feb 2019

Quickspin has launched its much anticipated ‘Ticket to the Stars’, a vintage space adventure-themed slot and their second game of the year. Every point of light in the night sky is a potential vacation destination filled with relaxation, romance and wealth in Ticket to the Stars. This vintage-Americana-design slot offers an Unlimited Multiplier +2 Spins in …

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Oryx Gaming to integrate Wazdan content

12 Feb 2019

Slots producer Wazdan has agreed a deal with Oryx Gaming for the integration of its content across Oryx’ proprietary iGaming platform. Wazdan joins other third party providers including Gamomat, Kalamba Games, Golden Hero and Givme Games, along with several other integrations including Quickfire, Greentube, Netent, Play’n GO, NYX, EGT, Evolution, Realistic, Kiron, Amatic and Isoftbet. Wazdan content is expected …

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MGA suspends Morpheus Games license

12 Feb 2019

The Malta Gaming Authority (MGA) has suspended Morpheus Games’ gaming license MGA/B2C/383/2017 as of 31 January, 2019. The company, along with associated operations, has been directed to indefinitely suspend all gaming operations, cease to register new players or accept any deposits on the Licence. The MGA declined to disclose the reasons for the suspension saying “no further information shall …

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SoftGamings pens Relax Gaming content deal

12 Feb 2019

SoftGamings has agreed a content supply deal with Relax Gaming in which its stable of operator partners will gain access to Relax Gaming’s portfolio of in-house and Silver Bullet partner content. Relax Gaming video slots, including Erik the Red and The Great Pigsby, will be made available via SoftGamings’ platform, as will products from Relax’s Silver Bullet partners, including Dice Lab, …

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Growth in 2018 slows for LeoVegas

12 Feb 2019

LeoVegas Group CEO, Gustaf Hagman, has described 2018 as the most challenging the company has every encountered in its fourth quarter 2018 report, despite a welcome boost in December which delivered an all-time-high in revenue following three sequential quarters of slow growth. Key performance indicators for the three month period ending December 31, 2018 include: Revenue increased …

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NetEnt delivers solid full year performance

12 Feb 2019

NetEnt delivered a solid full year 2018 performance reporting a revenue rise to SEK 1,782 million and EBITDA of SEK 816 million. Key performance highlights: Revenues for the full year amounted to SEK 1,782 million (2017: SEK 1,636 million) EBITDA was SEK 816 million (2017: SEK 740 million), a margin of 45.8 percent (2017: 45.2 percent). …

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Don Best suffers data breach

12 Feb 2019

The Office of the Vermont Attorney General published a customer notification from Scientific Games’ Don Best subsidiary last week informing of a Consumer Data Breach that took place in October 2018. The customer letter details “the unauthorized disclosure of some of your personal information,” and expresses the company’s deep regret of the incident. The malware attack which occurred from 12 …

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PlayAGS completes Integrity Gaming acquisition

12 Feb 2019

Gaming supplier PlayAGS has completed its acquisition of Integrity Gaming Corp bolstering its portfolio with the addition of a further 2,700 games. Our readers will recall AGS acquired all issued and outstanding common shares of Integrity Gaming Corp. for a cash payment valued at $49 million, which included repaying U.S. $35 million of Integrity’s outstanding debt. Integrity’s installed base …

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MGA Games expands distribution with Codere

12 Feb 2019

Spanish slot developer MGA Games has expanded its presence through a distribution deal with Codere. Under the terms, MGA’s complete portfolio of slots and video bingo titles has been integrated to the Codere Apuestas platform. “We are enormously pleased with the agreement reached with CODERE, a great national and international company, and the fact that we can offer our games …

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