Wide social media video coverage of scores of uniformed Bangkok policemen queuing to receive “angpao” red envelopes from an alleged illegal gambling operator have prompted a major investigation in Thailand. Angpao – the act of making a gift on special occasions, usually contained in a red envelope, is a widespread practice in Asia but has …
Games technology company Atari has revealed that part of its revitalisation and relevance strategy will be the introduction and operational use of cyber currency equivalents to Bitcoin. The Paris-based firm revealed in a statement this week that it plans to launch two new cryptocurrencies which will be branded Atari Token and Pong Token, and these …
The Ontario Lottery and Gaming Corporation, a provincial government-owned entity in Canada, included online gambling numbers in its overall review for fiscal 2016-2017 this week, reporting that revenues continued to grow in year-on-year terms, reaching Cdn$ 58.4 million – a y-o-y rise of 18.7 percent over 2015-2016. Overall, OLGC revenues topped Cdn$ 7.5 billion, derived …
The Portuguese online gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) has released Q4-2017 financials in respect of online gambling, revealing that revenues rose Euro 10 million compared with Q4-2016 to reach Euro 36.5 million. Online sports betting accounted for much of the increase at Euro 20.5 million (26 percent …
Irish online player Lee decided to do a little lunchtime slot playing this week, choosing the Casumo online casino and its NetEnt Mega Fortune Dreams for his flutter; it was a decision that rewarded him with a progressive jackpot worth Euro 137,400 for his stake of just Euro 6. Lee told casino management that he …
Quebec’s provincial government owned betting and lotteries enterprise Loto-Quebec has reported revenues to date in its fiscal year up 5.6 percent year-on-year at Cdn$ 2.759 billion, with net income up 9.2 percent at Cdn$ 1.019 billion following what a spokesman claimed was the eleventh successive quarterly improvement. The lottery division reported that increased revenue flowed …
Online betting exchange Betdaq has agreed its first UK racing sponsorship since May 2016 after partnering with Kempton Park for Betdaq Chase Day on Saturday, February 24, 2018. The six-race, headline sponsorship includes the Grade 2 Betdaq Adonis Juvenile Hurdle and Grade 3 Betdaq Handicap Chase, a historic race which serves as a trial for …
The Cherry Group’s games development subsidiary Yggdrasil has published its Q4 and FY 2017 performance numbers, showcasing growth in revenues and EBITDA. Q4 2017 highlights include: * Revenues up 61 percent at MSEK 51.2 (Q4 2016: 31.8); * EBITDA for the period increased to MSEK 21.5 (13.2), yielding a margin of 42 percent; * EBIT …
Online gambling group posts FY and Q4 2017 results showing significant improvements in revenue. The Cherry online gambling group has published a strong set of Q4 and FY 2017 results, showcasing the following KPIs: Q4-2017 • Group revenue increased by 17 percent year-on-year to MSEK 607 (519), with organic revenue growth amounting to 16 percent …
The Missouri legislature, which is already considering two bills proposing legalised intrastate sports betting contingent on a favourable US Supreme Court ruling in the New Jersey litigation against the Professional and Amateur Sports Protection Act (see previous reports) will soon have a third proposal on the agenda, according to media reports from the state. It …
New Jersey clearly intends to lead the charge into legalised sports betting in the United States should the US Supreme Court rule in its favour and overturn the provisions of the federal Professional and Amateur Sports Protection Act later this year. Whilst a number of other states have put in place legislation that will enable …
Malta-based online gambling games developer Relax Gaming has signed up online casino operator LeoVegas for the start of a content distribution deal. The agreement will commence with a roll-out of Relax’s new table games, with more products to follow during 2018. Based on Relax’s RNG engine and developed in HTML5, the Roulette game features highly …
Online gambling operator Betway has pitched West Ham professional football players against one another, coached by top eSports team Ninjas in Pyjamas. The contest is part of the Betway Esports Challenge and marks the first time a football club and eSports team have collaborated. As part of the challenge, Hammers stars Javier Hernandez and Michail …
Live dealer technology and games supplier Evolution Gaming has reported strong Q4 and FY 2017 results, highlighting the following key performance indicators: Q4-2017 * Operating revenues up 48 percent year-on-year to Euro 50.7 million (34.3); * EBITDA up 74 percent at Euro 22.6 million (13.0), on a margin of 44.6 percent (37.8); * Profit double …
The Malta-based online casino operator Videoslots.com has announced the appointment as head of games of William Ahlberg, who has progressed through the group’s gaming management structure over the past 18 months His responsibilities include leading the Videoslots community management, expanding existing supplier relationships, and selecting upcoming content for the diverse Videoslots casino games portfolio.
Online gambling software and games developer NetEnt has published its Q4 and FY numbers for 2017, with management highlighting the following KPIs: Fourth quarter 2017 * Revenues increased by 4.7 percent to SEK 419 (400) million; * Operating profit down 3.9 percent at SEK 150 (156) million; * Operating margin was 35.8 (39.0) percent; * …
With daily fantasy sports temporary operating permits expiring in July in Massachusetts, state lawmakers are again studying the implication of a more permanent arrangement for the vertical, according to reports in the Boston Globe. On Wednesday the Legislatures Committee on Economic Development and Emerging Technologies took testimony from state Sen. Eileen Donoghue, following her tenure …
The Australian Foreign Affairs ministry has confirmed that it has been notified of an Australian national arrested in China on allegations of involvement in online gambling. The ministry is providing consular support for the man, who was reportedly arrested along with 51 others in a police anti-online gambling sweep; his identity has not been released, …
Figures issued Wednesday by the New Jersey Division of Gaming Enforcement show that online gambling operators in the state enjoyed another highly successful month in January, generating revenue up 16.7 percent year-on-year at $21.9 million to set a new record (the previous benchmark was $21.7 million achieved in March 2017). January marked the eleventh month …
Kama Games’ HTML5-built version of Pokerist Texas Holdem is set to debut on Facebook’s Instant Games platform. Facebooker’s will gain access to the full version of Kama Games’ flagship brand offering Tournaments, Achievements, Daily Quests, Daily Bonus and Leaderboard features through Facebook newsfeed and messenger. Andrey Kuznetsov, Managing Director of KamaGames, said: “We’re immensely proud of Pokerist, both …
Online sports betting supplier Kambi Group plc reported continued upward momentum in its full year 2017 results. Key performance indicators include: Revenue of Euro 62.1 million (2016: Euro 56.0 million). Operating profit (EBIT) of Euro 7.7 million (2016: Euro 8.8 million) with a margin of 12 percent (2016: 16 percent). Profit after Tax amounted to Euro 5.9 …
Malaysian authorities have bust an online gambling and international football betting syndicate in a joint operation between the Kajang Criminal Investigation Department and Selangor D7 divisions after a week-long investigation. Six Chinese nationals are accused of placing wagers on behalf of gamblers in China on English Premier League football games and horseracing. “By making Malaysia the wagering centre, it would …
The UK Advertising Standards Committees of Advertising Practice (CAP) has published a set of new standards on gambling advertising focused on advertising’s appeal to problem gamblers and on free bets and bonuses. The new standards on problem gambling, comprise: Restrictions on advertising that create an inappropriate sense of urgency like those including “Bet Now!” offers during live events; …
Online gambling supplier Synot and operator Fortuna Entertertainment Group (FEG) have partnered for FEG’s Romanian operations. Synot content will be integrated to Fortuna’s online platform offering customers a range of titles that include Dice Rush, Golden Myth and Alchemist’s Gold. “We are certain this cooperation of such two strong presences will soon bring results and we are really looking …