Philippines e-gaming provider PhilWeb Corp. has posted a come-back Q1-2018 report showcasing revenue up 236.7 percent y-o-y at PHP87.8 million (US$1.68 million), and a reduction in cash losses by 91.1 percent to PHP4.4 million (US$84,159), a remarkable recovery from the same period last year when losses reached PHP45.4 million (US$868,375). Philweb provides software and other …
Violence in the games used for competitions in eSports will rule out consideration of the sport as an Olympic event, says the president of the International Olympic Committee, Thomas Bach despite the sport’s 250 million global fans and revenues approaching a billion dollars a year. The IOC in November last year recognised eSports as a …
NetEnt has reported a positive Q1-2018, highlighting the following metrics: Revenues up 9.3 percent y-o-y at SEK 430 million (Q1-2017: SEK 393 million); * Operating profit (EBIT) rose to SEK 134 million on margin of 31.2 percent (Q1-2017: SEK127 million on margin of 32.2 percent); * Profit after tax of SEK 146 million (Q1-2017: SEK …
Games developer Booongo Entertainment and GAMING1 have signed a game supply agreement in which Booongo`s full suite of games has been rolled out across GAMING1 brands. Popular video slots include 15 Golden Eggs, Fruity Wild, Nord`s War, Poisoned Apple, among others.
‘Heidi Hunt’ is Magnet Gaming’s newest slot featuring a Lara Croft-styled explorer on a quest to find Temple treasures. HTML5-built for seamless play across mobile and desktop, this slot offers two progressive jackpots and four bonus games; “Stone Wall”, “Temple Raider”, “River Wild” and “Game Chance”. Watch the demo here. PGSoft debuted ‘Medusa : The Curse of Athena’ …
In a regulatory announcement Monday, William Hill PLC confirmed completion of the disposal of its Australian business to CrownBet Holdings Pty Ltd after receiving regulatory approvals from the Foreign Investment Review Board and the Northern Territory Racing Commission.
Sportech PLC has agreed terms for the sale of its Netherlands tote business, Sportech Racing BV, to RBP Luxembourg (RBP) for a Euro 3.25 million consideration. Sportech Racing BV holds the exclusive rights for horserace tote betting in the Netherlands after securing the five-year license in June 2017. Under the licenslicencee, Sportech operates nine betting shops, 38 other outlets …
Fomula 1 has expanded its sponsorship partnership with daily fantasy sports provider PlayON to become an equity shareholder in the company, the first external deal of its kind in the organisation’s history. As the Official Formula 1 Daily Fantasy Sports Provider, PlayON launched two Formula 1 Fantasy games across its platform and integrated live Formula 1 Grand Prix …
Retail and online operator StanleyBet will migrate its Romanian online and retail operations to the Kambi Group Sportsbook after closing a competitive tender process. Considered one of the largest sports betting operations in the Romanian market, Stanleybet operates 300 retail shops and a growing online presence in the country. The long-term agreement will initially see Stanleybet Romania transition its online customers …
Stride Together, Stride Gaming’s B2B division, has agreed a deal with Novomatic’s GreenTube subsidiary for the distribution of casino content on Aspers Casino Online. The deal marks an expansion on an already existing joint venture relationship between Stride and Aspers Group Ltd which afforded the UK casino brand their first online presence.
Online operator PlayFortuna.com has agreed a multi-year content supply deal with Nolimit City for its full suite of games including popular slot titles Tesla Jolt, WiXX, Casino Win Spin and Oktoberfest. Malcolm Mizzi, Head of Sales at Nolimit City, said: “This marks yet another momentous deal for us and we cannot wait to see our partnership turn into something …
Online lottery betting operator Lottoland has launched GO!, a new range of hourly lottery jackpots. The first product, EuroMillionaire GO!, will match the EuroMillions lottery jackpot, reaching up to GBP 160 million. For GBP 2.50, punters can bet on the EuroMillions draw every hour, 24 hours a day. A new “match no numbers” prize tier provides a money back …
Tom Horn Gaming and Pariplay have agreed a content supply deal in which the developer’s gaming portfolio will be offered to Gibraltar-licensed online operators via PariPlay’s FUSION platform. “We are positive that our innovative and engaging games will prove to be popular with online casinos across Pariplay’s Gibraltar-based and international customers,” Ondrej Lapides, CEO at Tom Horn Gaming, commented. “Tom Horn …
South African Provincial Premier of KwaZulu Natal, Edward Mchunu, has appointed a new nine-member Gambling and Betting Board, following the previous board’s tumultuous history in which Mchunu alludes to the previous executive authority’s questionable involvement in matters of the board. According to Mchunu, Gaming and Betting is a “huge player in the provinces revenue collection,” with R449 million …
The Belgian Justice Ministry has published figures regarding exclusion from land and online gambling sites, noting that in 2017 the number of self exclusions rose 9 percent y-o-y to reach 29,319; the statistics are not broken down into land and online exclusions. The numbers include 409 exclusions of gamblers granted to third parties, such as family. Belgians …
Content developer Habanero has clinched a deal with Asian sportsbook operator RWB Solutions International for the distribution of its full suite of content. RWB will make Habanero’s titles available to a number of brands, including Supotsubet.com. “This is another exciting step in our journey and it shows the tremendous growth we are experiencing as a company on the back of …
As was largely expected, the Malta Gaming Authority has handed the role of chief executive officer to Joseph Cuschieri’s right hand man, Heathcliff Farrugia. The decision follows consultation by the MGA Board with the Parliamentary Secretary for Financial Services, Digital Economy & Innovation, Hon. Silvio Schembri. Cuschieri vacated his position to take up the post of Chief Executive Officer of the Malta …
The Daily Mail, which has waged a determined war on Fixed Odds Betting Terminals in High Street betting shops, claimed over the weekend that the decision on reducing the maximum stake, and by how much, has been delayed until after the local elections at the start of May due to disagreement at the top levels …
With G2E on the horizon, online gambling games developer BetSoft has released teaser information on its next big game, a slot titled MaxQuest that combines slot machine gambling with the excitement of an interactive first-person-shooter. all blended together with an ancient Egyptian story-line and social gameplay elements. The new game will have BetSoft’s latest trail …
Microgaming’s Mega Moolah progressive has been active over the past week, delivering two major jackpots within a 24 hour period and bringing to five the number of jackpot hits so far this year.. Details have not yet surfaced, but it is known that on April 19 an anonymous Canadian player using a mobile device and …
Concerns have been raised in the Connecticut General Assembly that several measures relating to gambling expansion have not made significant progress as the legislature’s adjournment date of May 9 nears. The bills affected deal with tribal and land casino matters, and an important measure positioning Connecticut to move quickly in the event of a favourable …
In a surprise news release Saturday the Canadian online gambling company The Stars Group announced that it has agreed to acquire Sky Betting and Gaming (“SBG”) from CVC Capital Partners (“CVC”) and Sky plc in a cash and stock transaction valued at $4.7 billion. Early reports indicate that talks have been quietly going on for …
Online gambling group Betsson AB has announced the appointment of Peter Zäll to the new position of Chief Strategy Officer (CSO). Zäll was previously employed as group vice president for product and marketing at Sweden’s state-owned gambling group Svenska Spel, and he will initially concentrate on developing Betsson’s strategy for the forthcoming liberalisation of the …
One of online gambling’s more devious opponents, Republican Congressman Charlie Dent of Pennsylvania, has announced he is to resign from Congress ‘in the coming weeks’ before his term ends. Dent gave little indication of the rationale behind his resignation, saying in his announcement only that he had made the decision after family discussions and careful …