New 10-Year deal for provision of online pari-mutuel betting and totalisator services. Sportech Plc’s Racing and Digital has won a new long-term contract with long-time partner Puerto Rican Racetrack Camarero for the provision of totalisator services and web and mobile pari-mutuel betting platforms. Under the new ten-year contract, Sportech will continue to provide pari-mutuel betting technologies and services …
Live games provider BetGames.TV has partnered Italian operator Snaitech for the integration of a range of AAMS-certified live-presented games through its Global Adaptation Network (GAN) platform. SnaiTech will gain access to BetGames.TV’s live presented games, including Bet on Poker, Bet on Baccarat, Wheel of Fortune, War of Bets, Dice and Dice Duel, across both the online and retail sectors. “We are incredibly …
44-year-old Mark Scheinberg, an Israeli-Canadian who with his father Isai created and built Pokerstars before its sale to Amaya Inc. (now The Stars Group), has been listed at ninth in a survey of wealthiest Canadians, and 422nd richest man in the world (the wealthiest is currently Amazon’s founder Jeff Bezos with a net worth of $112 billion, followed by Microsoft co-founder Bill Gates, and Warren Buffet on $84 …
In a multi-year deal, B2B sports betting provider Kambi Group will support online gaming operator Casumo’s diversification into sports betting with a collaboration that will see the development of a gamified sports betting product. The new sports product will primarily target casual bettors and betting virgin sports fans backed by a fun, playful betting environment. Kambi’s Sportsbook will be …
Bookmaker BetBright has attracted attention with the debut of a state-of-the-art robotic jockey ahead of the Cheltenham Festival. Dubbed ‘RoboJockey’ the lightweight steel technology initiative is not just capable of sitting on a horse but can direct a horse to a gallop of more than 30 miles an hour and jump four-foot high fences while communicating with humans …
Aussie punters on the books of online sportsbetting site Pinnacle were left wondering what is going on Monday when they started receiving emails from the operator advising that it is “unable to offer services in your jurisdiction after March 12th, 2018.” Whilst Pinnacle apologised for the inconvenience, it offered no explanation for its decision, or the logical …
According to a report in Malta Today, three Italian-owned companies have surrendered their Malta-licenses following the Malta Gaming Authority’s termination of one licensee and the suspension of another. The Maltese Authority embarked on an investigation into Italian-linked or owned licensees following the arrest of alleged Italian mafia kingpin Benedetto Bacchi and the suspension of Phoenix International earlier this year (see previous reports). The investigation, …
Our readers may remember that around the middle of last year a little known Hong Kong investor, Tang Hao, used his Discovery Key Investments company to gobble up a growing number of shares in The Stars Group (then Amaya Gaming), investing hundreds of millions of dollars in buying up lots, some reportedly from stock sold off by disgraced Amaya executive David Baazov. Business press …
Malta-based AXL Affiliates has announced the acquisition of Mvideoslots and all related assets for a six-figure amount. AXL has plans to integrate these under the growing AXL Affiliates brand, and in confident that by the end of 2018 Mvideoslots will represent an important part of the consolidated turnover of AXL Affiliates. Mvideoslots is a casino …
Pennsylvania Gaming Control Board executive director Kevin O’Toole gave the US online licensed online gambling industry a welcome boost last week when he suggested to a House budget hearing that the Board is in the process of not only crafting temporary regulations for online gambling, but expects to begin the licensing process for operators by …
Nguyen Thanh Hoa (60), a senior police officer in Vietnam, was reportedly arrested Sunday as a suspect involved in illegally organising international online gambling operations, according to the Reuters news agency. A spokesman for the Police Ministry in Hanoi said the case is part of a widespread corruption crackdown that has now extended beyond the …
IFinland-based open gaming platform provider Finnplay has agreed on a deal to integrate with Stockholm and Malta-based games developer Nolimit City’s full portfolio of gaming titles to its Billfold platform. Under the multi-year marketing distribution agreement, Finnplay shall have full access to Nolimit City’s diverse slot games content library, which includes WiXX, Casino Win Spin, …
Sportsbet’s new video advertising is clearly aimed at Australian National Rugby League punters and revolves around a novel concept in which club-attired fans are pictured in a restaurant ordering club teams from the menu. The National Rugby League comprises 16 professional men’s rugby league teams in Australasia, and is run by the Australian Rugby League …
After posting strong results for 2017 this week, online (and soon retail) gambling group GVC Holdings management told the Reuters news agency that following a expansion phase that has included the imminent GBP 4 billion acquisition of the Ladbrokes Coral group it was probably a good time for the company to consolidate its assets. Whilst …
The DDoS outage on Friday March 2 at Betonline AG has proved to be a major problem affecting especially desktop operations deep into the current week and testing the IT team to the full. Using Twitter to communicate on an almost hourly basis, the betting company kept players in the picture as they battled with …
German betting company discusses joint venture with Malta-based strategic investor. Who is the potential joint venture partner negotiating with German online betting group MyBet Holding SE is the question doing the rounds following a rather enigmatic press release from the company Friday. MyBet revealed that it is currently engaged in negotiations with “a strategic investor” …
In an interview with The Times this week former Paddy Power CEO and co-founder Stewart Kenny (65) opined that more needs to be done by operators to guard against problem gambling, suggesting that imposing loss or deposit limits, and perhaps the imposition of cooling off periods before any limit changes are made could be effective. …
Land and online gambling group William Hill plc has extended its business relationship with free-to-play sports-contest specialist SportCaller in order to improve client acquisition and retention. SportCaller has struck a deal with William Hill to deliver a new game, Football21, to optimise the operator’s thriving customer base. Football21 is a weekly free-to-enter competition which asks …
General online games publishing house Tap Tap in China has been fined $50,000 and suspended for three months after admitting that its systems failed to ensure that all foreign games passing through its doors receive the approval of the Chinese government. Strict rules guarding against criminal activity, violence and pornography are applied by the government …
Amidst a growing row over a monopolistic sports betting concession awarded to an allegedly politically connected company titled Daruma Sam SA, the head of national regulator Conajzar, Javier Balbuena has resigned. The contentious issue has seen the name of the national president, Horacio Cartes, dragged into allegations of interference in the judgement of the Office …
Online gambling group GVC Holdings plc has posted its audited results for the year ended 31 December 2017, highlighting the following: * NGR up 17 percent y-o-y to Euro 925.6 million; * Clean EBITDA up 40 percent at Euro 239.5 million; * Adjusted profit before tax up 182 percent to Euro 178.7 million; * Adjusted …
International Game Technology posted fourth quarter results Thursday, boosted by a strong lottery performance. Highlights flagged by the company included: * Group revenue up 3 percent y-o-y at $1.34 billion; * Adjusted EBITDA up at $452 million (Q4-2016: $422 million); * Net income attributable to IGT was $80 million, on an adjusted basis $4 million; …
Late Wednesday night this week, player ‘zafujohn’ from the United Kingdom spent $1.25 on a spin on Mega Fortune at PokerStars Casino and won $3,311,443.03. The Brit, who has become the second millionaire to be made on PokerStars Casino in 2018, described the winning moment, “I put my hand over [the screen] because I thought, …
Business media reports from London Thursday revel that online gambling group GVC Holdings plc has received almost total shareholder support for its proposed acquisition of rival Ladbrokes Coral in a clever deal that takes into account possible cuts to the maximum betting rates that may be imposed by government on the controversial Fixed Odds Betting …