Gambling news - page 349

Global Daily Fantasy Sports in exclusive deal with Sportingtech

14 May 2018

Sportingtech has entered into a three-year exclusive daily fantasy sports (DFS) supply deal with GDFSI Malta Ltd, a subsidiary of Global Daily Fantasy Sports Inc. Under the terms of the deal, GDFSI has become Sportingtech’s exclusive DFS product and platform provider enabling the software solutions supplier to offer daily fantasy contests to its operators “We always look forward …

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Velo partners increase investment in Foxium

14 May 2018

Velo Partners has exercised its option to increase its investment in Estonian and Swedish games development studio Foxium, through the RNG Foundry, to facilitate further growth just seven months on from its initial investment. Foxium has produced a number of online titles, including The Lost Riches of Amazon, Vampire: The Masquerade™ – Las Vegas and Adelia The Fortune …

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Evenbet preps debut of new poker portfolio

14 May 2018

EvenBet is preparing the debut of a new poker portfolio it will showcase at this weeks G2E Asia. exhibition in Macau. “The boom in Asian poker rooms has been an exciting driver in the continent’s growth this past year, and EvenBet are on site to maximise this untapped potential with our new Poker Clubs solution,” the …

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SG Digital and Leap Gaming partner for virtual football

14 May 2018

SG Digital has integrated Leap Gaming’s All-Out Football product on its OGS Platform following a recently signed partnership agreement. Leap Gaming’s All-Out Football is a virtual sports betting product offering a customisable user interface for mobile and desktop.   Built with embedded motion captured data of professional football players taken during real-life matches, the game is based around a league …

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Victoria treasurer announces 8 percent POC tax rate

14 May 2018

Monday’s media reports that the Australian state of Victoria was set to break with fellow states Southern and Western Australia in its point-of-consumption tax rate (see previous report) proved true when Victorian treasurer Tim Pallas confirmed that the state government has agreed a rate of 8 percent on GGR – half that of other states …

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Spintropolis signs up for BetSoft games

14 May 2018

Newly launched online casino Spintropolis, a sister operation to La Fiesta Casino and NordiCasino, has added BetSoft games to its offering. Under the terms of the agreement, Spintropolis has integrated a selection of BetSoft titles – including many from the Slots3 series. “With five well-established casinos already operating within the same group, Spintropolis benefitted from …

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Will victoria break from other Aussie states on POC ax?

13 May 2018

The Australian state of Victoria, along with New South Wales the country’s most populous, is reportedly considering a significantly lower point of consumption tax on internet gambling firms than that declared by other states. Although Victoria and New South Wales have both committed to introducing the tax, they have not yet announced whether they will …

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Industry veteran joins i-gaming film rights company

13 May 2018

Experienced i-gaming manager Richard Clarke, who has worked for brands like Link2Win, Soho Gaming and VSoftCo, has joined former Carnaby sales and distribution CEO Sean O’Kelly in setting up a new i-gaming film rights company titled Skyrocket Entertainment. Unveiling the company in Cannes this week, the duo said they were selecting film rights for use …

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Portuguese online gambling market improves in Q1-2018

12 May 2018

The Portuguese online gambling market showed improvement year-on-year in Q1-2018, although it lagged behind the Q4-2017 results. Highlights of the performance published this week by regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) included: * Revenue up Euro 2.5 million to Euro 33.8 million; * Government reaped a tax harvest of …

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Italian sports betting market eases in April

12 May 2018

Italian market statistics for April were published Friday, showcasing a weaker performance in sports betting and the following highlights: * Total sports betting turnover down almost 5 percent y-o-y at Euro 955 million; * Betting revenue down 2 percent at Euro 146.5 million; * Online betting revenue up 3.7 percent at Euro 58.7 million (year-to-date …

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Codere reports weak first quarter

12 May 2018

The Spanish online and land gambling group Codere has posted a dismal set of Q1-2018 results, blaming adverse foreign exchange rates and a drop in LatAm business for its misfortunes. Highlights of the quarter included: * Net profit down 70.3 percent y-o-y at just Euro 800,000 (Q1-2017: Euro 2.7 million); * Operating revenue down 5.4 …

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Reading on Project Daphne

12 May 2018

Long but interesting and detailed read on the Malta online gambling sector and attempts to infiltrate it by mafia-associated individuals and organisations in Italy. This is the work of Project Daphne, a consortium of 18 news organisations from 15 countries, including the Investigative Reporting Project Italy (IRPI), and the Organized Crime and Corruption Reporting Project …

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UK television stars under investigation by advertising watchdog

11 May 2018

The BBC reported Friday that three actors from the reality television series Geordie Shore are being investigated by UK advertising watchdog the Advertising Standards Authority (ASA) on suspicion of promoting gambling websites on their social media accounts without making their affiliation with gambling companies clear. Gary Beadle, Scott Timlin and Aaron Chalmers have been named …

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Dragon 8 online slot released by Asian developer

11 May 2018

https://www.youtube.com/watch?v=-GRlkvyv0hs Philippines-based online gambling games developer SA Gaming has released its latest game, a five-reel mobile product titled Dragon 8 developed in HTML5 and compatible with iOS and Android platforms. SA Gaming have opted for a simple yet classic approach in designing the game, which includes Wilds and Scatters, along with up to 1000x Multipliers. …

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GIG managers switch to Global Gaming

11 May 2018

Swedish online gambling group Global Gaming has bolstered its talent pool with three key hires from Gaming Innovation Group (GiG). Duncan Snaith has joined as head of development; Josie Cassar as head of payments and Shireen Haddadeen as head of CRM. The company said Friday that the appointments will help it build on the growth …

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West Virginia casinos deny there is agreement on integrity fee

11 May 2018

Yesterday’s reports that West Virginia has agreed to pay an “integrity fee” to US sports leagues in the event that it is able to offer sports betting by the US Supreme Court (see previous report) has been followed by denials that any such agreement was reached. Earlier this week, state governor Jim Justice convened a …

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Australian lawmakers vote for ‘synthetic’ lottery ban

11 May 2018

Moving with extraordinary speed for politicians, the federal Australian House of Representatives voted for an amendment to the Interactive Gabling Act Thursday that makes the operation of “synthetic” lotteries (bettng on lottery results) illegal. Initial reports indicate that both government and opposition legislators voted for the ban. The amendment has been referred to the Senate …

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Sports betting industry ripe for blockchain technology?

10 May 2018

The advent of distributed ledger and blockchain technology across the gambling industry caught the eye of Forbes magazine this week, which published an interesting article suggesting that sports betting firms could do away with centralised house processing, increasing available cash for distribution among players and promotions. The article details a company working with the concept …

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Electronic Arts chief comments on loot box gambling allegations

10 May 2018

Reacting to recent claims by regulators and politicians in the Netherlands, Sweden, Belgium and Germany that loot boxes in its Star Wars Battlefront II, Overwatch and Fifa 18 games constitute gambling (see previous reports), the chief executive of Electronic Arts, Andrew Wilson, came out fighting this week, and pledged to continue offering the accessories crates …

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Solid Q1-2018 result from the Stars Group

10 May 2018

Toronto listed The Stars Group has published its Q1-2018 report, highlighting: * Group revenue up 23 percent year-on-year at $393 million; * PokerStars subsidiary reported revenue up 12 percent at $245.9 million; * Online casino and sports books revenue up 55 percent at $134.5 million; * Corporate net earnings of up $9 million y-o-y at …

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Adelson oils the political wheels again

10 May 2018

Land casino magnate and anti-online gambling campaigner Sheldon Adelson has made another large donation to the House Republican Congressional Leadership Fund, according to the Washington DC publication Politico, citing confirmation from two senior House Republicans. The contribution will be publically revealed in the Fund’s campaign finance filing this month, ahead of the November elections, Politico …

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Greentube’s new Asian Diamonds online slot released

10 May 2018

Online gambling games developer Greentube invites players to visit the fascinating world of ancient Japan in its new slot Asian Diamonds, a five reel, thirty pay-line game with a Geisha theme. The aim is to line up five identical symbols from left to right across win lines. A minimum combination of two or three matching …

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Pragmatic Play invites players on safari in Great Rhino

10 May 2018

Pragmatic Play is taking players on a journey across the African savanna in Great Rhino, a feature-rich online slot showcasing nature-themed symbols across a 3×5 reel format. When two full stacks of rhinos appear the Super Respins mode is triggered, with rhinos stampeding across the screen and awarding players with a pool of three respins. …

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New Cops ‘n Robbers slot from Play’n Go

10 May 2018

Online slots specialist Play’n GO is taking no prisoners with the latest addition to its games portfolio, an updated slot titled Cops‘n’Robbers. This five-reel, nine-line game is set in a high-security jail and tasks players with outrunning law enforcement in order to crack open a vault and make off with the money. The updated version …

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