Antigua-based eSports operator Esports Entertainment Group (EEG) has announced a further $600,000 investment from Colorado-based First Capital Ventures, adding to a similar amount the US company invested in March last year. Today’s financing announcement represents the exercise of warrants held by First Capital and demonstrates the firm’s continued commitment and confidence in the future of …
Racing Victoria’s chief executive, Giles Thompson, told local media reporters in Victoria this week that many of the online bookmaking firms had “given undertakings” to the state’s three racing codes that they would maintain their support of the industry, so long as the point of consumption Victorian tax rate remains at 8 percent. The Sydney …
Kambi Group plc has unveiled a multi-year deal to provide online US betting company Rush Street Interactive with sportsbook technology and services. Following this week’s U.S. Supreme Court decision to repeal the country’s federal sports betting ban in full, Rush Street plans to launch a Kambi-powered Sportsbook within select states where permitted, the company advised …
The Mansion online sportsbook and casino operator has clinched a sponsorship deal at a premier UK horseracing event and is to support two high profile races in York. Tomorrow’s (Friday) Mansionbet Yorkshire Cup will be the first sponsored race, followed by the MansionBet Sprint on Saturday May 26. York Racecourse sponsorship head James Brennan said …
The Romanian newspaper Bursa reports that the management team at the Romanian National Office for Gambling (ONJN) has been replaced on the orders of the national prime minister, Viorica Dăncilă. The chief regulator Dan Iliovici, who has been in post for just over a year, was among those removed from office; he has been replaced …
Eastern Europe-facing gambling group Fortuna Entertainment has posted a positive Q1-2018 report, highlighting: * Revenues up 157.6 percent y-o-y at Euro 110 million; * Player stakes rose 163.7 percent to almost Euro 800 million; * EBITDA up an impressive 665.6 percent at Euro 22.8 million; * Adjusted EBITDA up 724 percent at Euro 222.8 million; …
Swedish gambling supplier Global Gaming has appointed Lars Kollind as head of its B2B operations, tasked with boosting the company’s growth. Kollind, who will be based at Global Gaming’s Malta Office in Sliema, previously enjoyed a successful career as sales director for B2B at Aspire Global. Some of the company’s successful brands including Netticasino and …
Following the multi-year deal early in 2017, online gambling games developer Nolimit City announced Thursday its successful integration into the iGaming eco-system of Gaming Innovation Group (GiG). This will see the distribution of Nolimit’s game portfolio across GiG’s partner network and its own proprietary casino brands. Mathias Larsson, managing director at GiG Games Services, said …
US media reports that the state of New Jersey may seek to recoup both its substantial legal costs and the hundreds of millions it may have made had the sports leagues not challenged its attempts to introduce intrastate sports betting in 2014 have been discounted by legal experts. They have pointed out that the leagues …
Widespread overnight reports in the UK press Wednesday have predicted that the UK government’s decision on Fixed Odds Betting Terminal maximum deposits is imminent…and the consensus is that it will not be good news for High Street retail bookmakers. The reports claim that the government will impose a GBP 2 maximum stake despite last-minute warnings …
The Vietnam News Service reports that police in the northern Bac Ninh Province of the country have broken up an illegal online gambling ringt that generated over VNĐ152 billion (US$6.6 million). Six game arcades were involved in the investigation, which resulted in the arrest of 18 individuals on gambling charges, according to a police spokesman. …
BetDigital is expanding its portfolio with the release of three new omni-channel slot releases ‘Wilds Deluxe’, ‘AbraCARDabra!’ and ‘Knights of Gold’. Wilds Deluxe is a five reel, 10-payline, adjacent pays, classic slot that is a smash hit in U.K. retail shops. The online version, released with William Hill for a period of exclusivity, is proving as popular as …
Media reports earlier this week that the Playtech agm today (Wednesday) could see fireworks over investor concerns regarding executive remuneration (see previous Infoowa report) have been followed by a statement from the company on this clearly contentious issue and how stakeholders voted. The statement details the results on the resolution on remuneration: Total votes cast: 231,043,589 For: …
Australian media have reported that online sports betting firm Neds has been handed an A$18,000 fine in the Downing Centre Local Court after being convicted of five contraventions of gambling advertising laws. The company was prosecuted by the New South Wales Liquor and Gaming regulator following complaints to the Advertising Standards Board that the advertisements offered NSW residents inducements to gamble or open …
Independent research specialists Technavio has published the conclusions of its latest UK gambling industry study, covering the period 2018 to 2022 and predicting that the compound annual growth rate (CAGR) will exceed 5 percent over the period. One of the key factors driving growth is the increased adoption of online platforms for gambling,the report notes. The online gambling sector in …
Churchill Downs Incorporated (CDI) has moved quickly in the wake of the U.S. Supreme Court’s decision to strike PASPA down agreeing a strategic partnership with SBTech and heralding its entry into the real money online gaming and sports betting markets in the U.S. Under the terms of the deal, SBTech will supply its integrated technology platform for CDI’s iGaming and …
Games developer Wazdan launched its latest slot ‘Double Tigers’ exclusively for the Asian market this week. The Asian-themed game, inspired by the elements of fire and water represented by two tigers, is set in an isolated mountain temple where fire and water spins as a Yin-Yang symbol on the temple wall and tigers roar to unlock the …
English Premier League football club Tottenham Hotspur has agreed a multi-year extension to its partnership with William Hill in the European markets. William Hill will continue to enjoy a strong presence across Tottenham’s growing digital channels and LED perimeter advertising boards at the club’s new home ground. In addition fans will be able to place bets on the William …
Pari Mutuel Urbain’s eSports arm has partnered one of the top rated eSports teams in France and historically a well known force in the Counter-Strike: Global Offensive game. Team-LDLC has agreed a partnership in which PMU will provide statistical data on its performance enabling the team to take advantage of a more detailed analysis of past matches when developing …
Scientific Games Corporation announced Wednesday that Doug Albregts will join the company as the executive VP and group CEO of the Gaming Division. Albregts joins Scientific Games from Sharp Electronics Corporation of America, where he held senior executive level positions, serving as President, CEO of Sharp Imaging and Information Company of America, as well as …
Playtech’s agm today (Wednesday) may be a lively affair following reports that some investors – among them major stakeholders – are disturbed at the size of executive pay rises in an environment where company growth has slowed and a warning issued on further declines in 2018. The Financial Times and other publications reported earlier this …
Outgoing Czech national drugs coordinator Jindrich Voboril appealed for more government funding for problem gambling in a statement this week, revealing that Czech punters spent 39.8 billion crowns on gambling in 2017, half a billion more than the previous year. One third of that sum was spent on online gambling, up from just 3 percent …
Hero Gaming has bulked up its online casino and sports book brands with games from SG Digital which includes offerings from NYX Gaming. Scientific Games’ Interactive and NYX Gaming Group combined forces earlier this year. Steve Wells, Hero Gaming CCO, said: “Our first month results have shown this collaboration was a perfect fit for us …
Malta-based player retention solution provider, Enteractive, announced a partnership with Jetbull Wednesday to provide its Customer Support service in the German, Austrian, Swiss, Finnish and Swedish markets. Under the agreement, the sports betting and casino site has outsourced its email, live chat and social media support to Enteractive, with all functions now available 24/7 to …