Gambling news - page 343

GVC management could face shareholder discontent over pay packages

27 May 2018

Despite a positive series of acquisitions and financial results, the board at GVC Holdings plc could find itself facing shareholder concerns regarding the high level of executive remuneration at its agm next month, according to a report in the publication This Is Money over the weekend. Our readers may recall that Playtech plc stakeholders earlier …

Read now

Sky Bet in major responsible gambling initiative

26 May 2018

In a major responsible gambling initiative agreed as part of its sponsorship deal with the English Football League, online gambling firm Sky Bet has invested GBP 1 million in an EFL education program targeting EFL clubs and designed to improve awareness. The marketing publication Drum reports that the EFL has signed a five-year agreement with …

Read now

Surprise move on online gambling in Illinois House

26 May 2018

With less than a week left in the current legislative session, the House Gaming Subcommittee mulls amendments to a casino bill. In a surprise move Friday, and with barely a week left of the current legislative session, the Illinois House Gaming Subcommittee was presented with amendments to a Senate bill (SB 7) originally intended to …

Read now

Gaming technology firm to acquire fantasy sports firm

26 May 2018

World Poker Fund Holdings, Inc. (WPFH), revealed Thursday that it has signed a definitive agreement to acquire Picking Duck. WPFH has also brought back Picking Duck’s Handicapper Marketplace, where the public can “buy sports picks” from professional handicappers, and has also acquired the rights to develop and produce “Beat the Bookie”, which will initially launch …

Read now

Isle of Man eSports operator introduces live betting

26 May 2018

Rivalry.gg, a dedicated eSports sportsbook licensed by the Isle of Man Gambling Supervision Commission announced Friday that it is launching live, in-play betting, currently one of the most engaging betting experiences in eSports allowing bettors to place bets throughout a match on a variety of in-game events and outcomes. With the average age of eSports …

Read now

Cherry CEO dismissed by board of directors

26 May 2018

In an announcement by its board of directors Friday Cherry Group AB said that it has “terminated the employment of Anders Holmgren as CEO and President of Cherry effective immediately.” Company chairman Morten Klein acknowledged the contribution Holmgren has made during his fifteen month tenure as CEO and President, but said that the board has …

Read now

Lightning Box achieves Portuguese regulatry approval for its games

25 May 2018

Lightning Box, the specialist online slots developer, has received approval to launch its games in Portugal on the SG Digital platform. The Portuguese gaming regulator, Serviço de Regulação e Inspeção de Jogos (SIRJ), has granted Lightning Box the right to release nine games from its offering, including  Silver Lion, Stellar Jackpots-Chilli Gold x2, Stellar Jackpots-Serengeti …

Read now

Aussie gambling group under investigation following Lottoland complaint

25 May 2018

Tatts Group’s A$5 million anti-Lottoland campaign in Australia  may have consequences for the gambling group following a complaint lodged by the online lottery betting company with the New South Wales Liquor & Gaming regulator. Local media reports Thursday note that the regulator has confirmed to Lottoland that it has launched an investigation into its complaints …

Read now

Shares soar after GVC issues trading update

25 May 2018

The UK-based online gambling group GVC Holdings plc issued a trading update Friday, forecasting higher cost synergies from its GBP 4 billion acquisition of bookmaker Ladbrokes Coral, and posting a 17 percent growth rate in online gaming revenue. Shares of the company rose as much as 4.6 percent to an all-time high of 1,028 pence …

Read now

U.S. sports leagues sued by New Jersey horse racing association

25 May 2018

The New Jersey Thoroughbred Horsemen’s Association filed a legal action against the four major US pro sports leagues and the NCAA Thursday, claiming the leagues cost one of the state’s racetracks more than $130 million in lost revenue by blocking the advent of legal sports betting. The action follows the victory of New Jersey in …

Read now

Massachusetts to hold back in race to offer sports betting

25 May 2018

It appears that Massachusetts will not be among the front-running states offering sports betting following the recent Supreme Court decision overturning the federal Professional and Amateur Sports Protection Act. On Thursday House Speaker Robert DeLeo said he intended to take his time making a decision on whether to embrace sports gambling and would be taking …

Read now

IEC confirms agreement to acquire Wigan Athletic FC

25 May 2018

Hong Kong-listed gaming and entertainment firm, International Entertainment Corp., which earlier this month signed an Asian poker partnership deal with the Stars Group (see previous report has confirmed that it has reached agreement to acquire the UK football club Wigan Athletic for GBP 22.4 million and now awaits the approval of the Hong Kong stock …

Read now

New Zealand government to tighten gambling advertsing regulations

25 May 2018

Online gambling companies that use “free-to-play” loopholes in New Zealand law to advertise and attract players for targeting with real money offers may find themselves facing tighter regulations in the future. According to local media reports, the minister for Internal Affairs, Tracey Martin, says the practice is “a clear indicator that current legislation is no …

Read now

More on South China gambling bust

24 May 2018

In an update Thursday, Guangdong Province, South China authorities confirmed the arrest of over 150 people in an online gambling case in which several people were found to be operating online gambling houses earlier this year. Local authorities believe the gang collectively gained over US$ 62.7 million in profit from the online operations in which …

Read now

Cherry AB CEO detained by Stockholm district court

24 May 2018

In an industry update on the arrest of chief executive officer Anders Holmgren following an investigation by the Swedish Economic Crime Authority (see previous reports), Cherry AB said the Stockholm District Court had informed the company that it formally detained Anders Holmgren, on reasonable grounds suspected for severe insider trading, at a court appearance today (Thursday).

Read now

1x2gaming release football themed slot

24 May 2018

Development studio 1X2gaming has launched ‘Football 3×3’ offering nine slots that can be spun simultaneously on one screen. Players have the option to “bench” games that are not performing well enabling them to play the slots that are scoring the most goals and delivering the biggest wins. The top row of slots pay out less but more …

Read now

Aristocrat leisure delivers in H1 report

24 May 2018

Australian gaming and social casino provider Aristocrat has reported a strong half year performance over the six month period ending March 31st delivering a record high in revenue which increased 34 percent to reach AUD$1.64 billion. Other key performance indicators over the H1 period include EBITDA of AUD$643 million – up 28.9 percent, and normalised profit after …

Read now

PMU expands into the fantasy sports sector

24 May 2018

French horse racing and gaming operator Pari Mutuel Urbain (PMU) has expanded into the fantasy sports sector with the launch of its Fantasy League PMU last week. PMU selected France Pari’s B2B division Sportnco, who supplies and operates PMU’s Eurotiercé sports betting platform, to facilitate the expansion. “We are delighted to welcome a pari-mutuel specialist …

Read now

IGT wins Norsk Tipping online bingo contract

24 May 2018

International Game Technology (IGT)has expanded its partnership with Norsk Tipping, signing a new contract for the provision of the Norwegian state lottery operator’s new online bingo solution. “This agreement enables Norsk Tipping, a leader in regulated digital gaming, to strengthen player acquisition and retention through IGT’s new online Bingo solution, offered in combination with online …

Read now

LeoVegas launches new front-end platform

24 May 2018

LeoVegas.com has launched its new front-end platform offering customers faster loading times and improved search engine optimisation (SEO) as it strives to improve the customer experience. The improved CEO means customers will, in most instances, bypass affiliate sites and be taken directly to LeoVegas.com, the company said. “We are investing further in state-of-the-art technology in …

Read now

Pragmatic Play showcases the beautiful game

24 May 2018

Pragmatic Play’s newest game offer will appeal to all those anticipating the upcoming football World Cup. ‘The Champions’ is a a 3×5 game enabling players to personalise their play session by picking their favourite team from 32 countries. Along with the regular paylines, players can boost their chances of winning by selecting one position on …

Read now

NetEnt’s Lost Relics is launched

24 May 2018

NetEnt has launched its latest game ‘Lost Relics’, a volatile game packed with randomly hidden features and the unique Cluster Pays™ mechanic, which gives players the chance to increase payouts by growing the size of their cluster of winning symbols. Coin Win, Extra Wild, Extra Scatter and Free Spins features can be found randomly hidden …

Read now

Yggdrasil launch new Vikings blockbuster

24 May 2018

Yggdrasil Gaming has launched its much anticipated ‘Vikings go to Hell’, the latest Vikings-themed slot in the portfolio which includes the popular ‘Vikings go Wild’ and ‘Vikings go Berzerk’ titles. For fans of the Vikings series, Vikings from Hell offers the Berzerk mode feature and rage collection mechanic. Fights for sticky wilds will now be …

Read now

Omega Systems sign up for Tom Horn Gaming content

24 May 2018

Tom Horn Gaming has agreed a content supply deal with Omega Systems, an iGaming platform and services provider present in several geographic regions. Patrick Mann, Business Development Manager at OMEGA Systems added: “Tom Horn is a fast-growing gaming company, with presence in regulated markets. It constantly strives to keep up innovating its wide range of …

Read now