Gambling news - page 356

A new haven for online gambling operators?

28 Apr 2018

The autonomous Spanish cities of Melilla and Ceuta, situated on small enclaves on the Moroccan coast across the Mediterranean from Gibraltar, could become attractive online gambling hubs if Spanish tax proposals are accepted, according to an assessment by Spanish legal experts Loyra Abrogados, The rationale for further tax breaks in these small formerly freeport enclaves …

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Proposal to remove sunset clause in daily fantasy sports bill

28 Apr 2018

An amendment that would remove the July 2018 “sunset” provision in a 2016 Massachusetts daily fantasy sports legalisation bill has passed in a committee and House budget vote Friday and now awaits action in the Senate. Proposed by Representative Mark Cusack, the so far successful amendment has been applauded by DFS market leader DraftKings, which …

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Metrics going in the right direction for Mr Green

27 Apr 2018

The Mr Green online casino group has posted a strong Q1-2018 performance with good organic growth, highlighting: * Total revenues of SEK 381 million up 38 percent y-o-y; *  EBITDA up 34 percent at SEK 46 million; * Customer deposits up 40 percent at to SEK 1.1 billion. * The group completed its acquisition of …

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InPlayNet touts new online gambling platform

27 Apr 2018

InPlayNet issued a statement Friday touting its in-house developed new multi-vertical online gambling platform, set for roll-out in Q4 this year. The statement informs that the new platform is a result of more than three years of research, development and coding, using the latest technologies, and is fully responsive on all devices. This applies not …

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Realistic Games upgrades Tutankhamun slot

27 Apr 2018

Online casino content supplier Realistic Games has re-launched an updated version of one of its most popular games, Tutankhamun Deluxe. The upgraded game is a five-reel, 20-line slot which has been re-purposed in HTML5 as the company continues to phase out its flash portfolio of titles. Tutankhamun Deluxe is now a full-page game, meaning it …

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Forthcoming Chinese government ban on social poker games hits company share prices hard

27 Apr 2018

Shares in Chinese companies offering online and mobile social poker games have shed up to a fifth of their value over the past week, following reports in local media that the government would ban all poker-related applications from June 1 (see previous reports). The Reuters news agency has developed the story, which broke a week …

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Majority of Americans in favour of legalised sports betting

27 Apr 2018

With the decision of the US Supreme Court in the New Jersey sports betting case (hopefully) imminent, the industry considered the results of a new Seton Hall poll this week. The poll showed that by a margin of 55 percent vs. 35 percent, Americans favour legalised betting on sports events…and by a margin of 48 …

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Philippines commission recommends separation of functions at PAGCOR

27 Apr 2018

The Governance Commission for Government-owned and Controlled Corporations (GOCCs) in the Philippines has recommended that the Philippine Amusement and Gaming Authority should separate its regulatory functions from its commercial businesses. In a statement this week the Commission reported that it has reviewed the mandates of 12 GOCCs in relation to competitive neutrality issues, as part …

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Legalised online and sports gambling attractive to Churchill Downs

27 Apr 2018

US racing corporate Churchill Downs Inc., revealed part of its future motivation in a conference call following the release this week of its Q1-2018 results (see previous report). That motivation includes growth in states where online gambling and sports betting has or may become legal following state legislation (as is currently the case in New …

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Pinnacle launches new B2B ‘Pinnacle Solution’

26 Apr 2018

Risk management and eSports solutions provider Pinnacle has announced the launch of its new business-to-business platform titled Pinnacle Solution. The platform initially offers two core products, an iFrame API and a turnkey solution. Pinnacle said the platform offers “increased profit potential”, as well as boasting the same reputation as its B2C offering. “After 20 successful …

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Online sports betting operator extends cricket sponsorship

26 Apr 2018

Durham County Cricket Club has announced that online sports betting operator 188BET has signed a one-year contract extension that will see the bookmakers remain as a sponsor for the 2018 cricket season. The extension will see 188BET logos featured prominently around the Emirates Riverside stadium and the betting specialists will continue to sponsor Durham’s T20 …

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Gambling Business Group suggests separate regulator for video game sector

26 Apr 2018

The recent furores around lootbox and increased youth gambling appears to have triggered a reaction from the Gambling Business Group, who’s chief executive, Peter Hannibal, issued a statement Thursday calling on the UK government to create a new organisation dedicated to the regulation of video gaming. “The video gaming or eSports world is a good …

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Chinese police bust US$ 34 million online gambling ring

26 Apr 2018

Police in south China’s Guangdong Province have busted a major online gambling case, seizing and freezing a total 215 million yuan (US$ 34 million) of property and funds, according to the Xinhua news agency.. Police units arrested more than 140 suspects, seized 130 million yuan worth of property and froze 85 million yuan of funds, …

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Red Tiger Gaming launches Laser Fruit

26 Apr 2018

Red Tiger Gaming has announced the latest addition to its suite of video slots, Laser Fruit, an innovative new twist on a classic fruit theme that the developer claims offers an unprecedented 60 million ways to win. The reels of the game, which feature vibrant neon colours and a traditional range of fruit, bars and …

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Pragmatic Play turns up the heat with Fire 88 online slot

26 Apr 2018

Pragmatic Play has added to its portfolio of video slots with the launch of Fire 88. Against a backdrop of flames, the 3×3 reels of Fire 88 contain symbols like dragons, diamonds and coins, as well as two varieties of the number 88 – one of the luckiest pairings in Chinese numerology. The blazing 88 …

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Belgian regulator decides that loot boxes are gambling

26 Apr 2018

Following an enquiry into the use of loot boxes in video games (see previous report) a panel of Belgian Gaming Commission officials has concluded that in certain circumstances the practice constitutes gambling. The panel specifically named Overwatch, FIFA 18 and Counter-Strike: Global Offensive but dropped Star Wars Battlefront II from its allegation of gambling law …

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Vegas Crest Casino takes Xplosive Games content on board

26 Apr 2018

Vegas Crest Casino has announced that it has taken 50 new slots from Xplosive Games on board, bringing its total games inventory to almost 830 games. The operator offers both mobile and desktop action.

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China lottery sales continue to grow

26 Apr 2018

The Chinese news agency Xinhua reports that China’s lottery sales rose 9.4 percent year on year to 104.18 billion yuan (around US$ 16.5 billion) in the first quarter of 2018, quoting official numbers from the Ministry of Finance. March alone saw lottery tickets worth over 40 billion yuan sold, a year-on-year increase of 5.9 percent, …

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Inspired Entertainment partners Novomatic Italia

26 Apr 2018

Inspired Entertainment has netted a content supply deal with Novomatic’s Italian gaming platform until 2022. Two Inspired games will initially rollout across Novomatic’s Italian retail estate totalling over 30,000 terminals, with the potential for further titles and exclusives in the future. “Inspired is delighted to be partnering with Novomatic in this exciting and strategic deal,” Luke Alvarez, President and …

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Intralot name Kogeler as group COO

26 Apr 2018

Greek gaming firm Intralot has named Michael Kogeler as group chief operating officer responsible for coordination of the Group’s worldwide business operations, relationships with partners and customers and trading operations. Kogeler joins the company having held several senior positions at Microsoft over the past fourteen years including general manager of Central and Eastern Europe, chief operating officer and chief …

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Kambi Group shines in first quarter report

26 Apr 2018

Sportsbetting provider Kambi Group plc reported a robust performance in its first quarter 2018 financial report. Key performance indicators for the 12 week period ending March 31, 2018 include: Revenue amounting to Euro 16.4 million (Q1/2017: Euro 14.2 million), 15 percent. 42 percent increase in operating profit (EBIT) amounting to Euro 2.0 million (Q1/2017: Euro 1.4 million) …

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Wazdan nets content supply deal with Alea

26 Apr 2018

Slots developer Wazdan has clinched a content supply deal with ALEA and their flagship brands SlotsMillion and LadyLucks. Wazdan’s full portfolio over 100 plus HTML5 titles will be offered to SlotsMillion and LadyLucks’ customers including popular slots Great Book of Magic Deluxe, Valhalla and Wild Guns. “We are fully dedicated to making sure our players have an amazing experience when they play …

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Sweden release 2017 gambling stats

26 Apr 2018

Sweden’s Gambling Authority, Lotteriinspektionen, published its 2017 gambling statistics report Wednesday revealing a relatively flat market in terms of licensed operators with marginal growth driven by online gambling. Key figures from licensed operators include: Total stakes of SEK 48 billion (2016: 47 billion). Gross gaming revenue (GGR) of SEK 17.2 billion (2016: SEK 17.1 billion). The authority splits …

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Yggdrasil launch first exclusive White Label Studios game

25 Apr 2018

Yggdrasil Gaming has launched its first co-produced White Label Studios game, ‘Royal Family’ exclusively with LeoVegas. The five-reel, four-row, 25-payline Royal Family includes collectable Feature Prizes, a Royal Chest and a Free Spin mode with sticky wilds, with a choice of 12 bonus features. The game will be marketed as part of the LeoVegas Originals …

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