Ladbrokes Coral has responded to numerous press reports detailing a sharp fall in various bookmaker shares due to the prospect of the UK Government lowering the FOBT wagering limit from GBP 100 to GBP 2 following a triennial review consultation (see previous reports). Jim Mullen, chief executive of Ladbrokes Coral said in a press statement …
Kiron Interactive has clinched a multi-year deal with At The Races (ATR) for the supply of its virtual racing and football products. Under the terms of the deal, ATR will distribute Kiron’s virtual horse and greyhound racing products, along with virtual football – in association with VSoftCo, to licensed betting operators in the UK market. …
The former Amaya CEO facing insider trading charges in Quebec, David Baazov, suffered another setback Monday when a Quebec judge, Salvatore Mascia, ruled against his application to stay proceedings. Baazov and two co-defendants, Yoel Altman and Benjamin Ahdoot, had protested at the delays in bring the case to court by the prosecution, and the late delivery …
Weekend media reports that the new Culture Secretary Matt Hancock is supportive of drastic cuts to the maximum stakes punters can wager on fixed odds betting terminals (FOBTs) not only sent retail bookmaking share prices south Monday (see previous report) but have triggered a response from the racing industry. The British Horseracing Authority has warned …
Connecticut has joined the growing number of US states mulling the possibilities of a favourable US Supreme Court ruling that could widen the estimated $155 billion US sports betting market beyond the four states permitted under the federal Professional and Amateur Sports Protection Act (see previous reports). The CT Post reports this week that in …
Portugal-based turnkey casino provider We Are Casino (WAC) has entered into a content distribution deal with TempoBet for the Latin American market. WAC offers over fifty slot and bingo titles through its partners and external games studios built using their proprietary Slot and Bingo Builder software which enable clients to create and customise their own …
BToBet has been chosen by Mexican operator Logrand Entertainment Group as online technology partner for the launch of its new interactive brand Strendus. The group currently operate fourteen casinos in Mexico and consider the online market key to its vertical integration and growth strategies. Lenin Castillo, chief operating online officer for Logrand Entertainment Group, said: …
Andrew Lee, former head of William Hill Online and more recently president of start-up mobile money transfer firm WorldRemit, is to head The Stars Group sports betting division BetStars, according to a report in The Times over the weekend. Lee was at one time a rising star in William Hill, with analysts predicting he would …
The anti-gambling media in the UK was out in force over the weekend, with several prominent mainstream press outlets claiming that the maximum stake on fixed odds betting terminals (FOBTs) is about to be cut to GBP 2 when the gambling review consultative period draws to a close in the near future. The Reuters news …
The Galway Circuit Court in Ireland was the scene of a hearing this week in which a 26-year-old financial officer at the Galway City Bin Company, Mark Hehir, was sentenced. Last May, Hehir pleaded guilty to 10 sample charges from a total of 72 on the charge sheet detailing fraudulent transactions he made in siphoning …
Former Congressman and respected Republican politician Ron Paul came out with all guns firing over the weekend in a hard-hitting opinion piece in Newsweek which condemned attempts to undermine the authority of individual states on the online gambling issue. Paul was reacting to a letter to Deputy Attorney General Rod Rosenstein from four Republican congressmen …
The Swiss government has now been placed on course to hold a public referendum on new gambling laws introduced last year which legalise online gambling, providing it remains the exclusive preserve of existing Swiss land casino operators (see previous reports). Civil society, internet service providers and internet freedom action groups are particularly concerned about enforcement …
Las Vegas-based online social casino and electronic games provider PlayAGS has filed plans for a $174 million IPO, according a report on the publication SeekingAlpha this week. Founded in 2005, the company has grown into a significant B2B and B2C provider with 550 employees focussed mainly on the North American market but with activity in …
Australian online bookmaker CrownBet has reportedly abandoned its ambitious 10-year plan to provide online sports betting services to 1,200 clubs across New South Wales, a move that threatened the dominance of the TAB and was fiercely opposed by Tabcorp. The deal included advertising and new technology for club patrons to gamble on the CrownBet phone …
The departure of Paddy Power Betfair marketing director Mark Singleton to Photobox (see previous report) has created an opportunity for former television marketing head Michelle Spillane, who has been appointed marketing and brand director for the UK and Ireland at the betting group. Spillane was previously employed as marketing director at Irish national TV broadcaster …
The Finnish affiliate marketing network Good Game Limited has sold several of its successful operational websites to XLMedia in a deal that could total Euro 15 million. The sites include Nettikasinot.com and Netticasinot.com and the agreement is expected to close before the end of Q1-2018, a company statement advised Friday. The agreement covers content management …
Swedish online gambling games and software developer NetEnt announced Friday that it is developing Jumanji as its latest branded game in collaboration with Sony Pictures Entertainment The developer has signed an agreement with Sony Pictures Consumer Products to launch a video slot machine game based on the original Jumanji film. The new Jumanji game, which …
The state-owned Holland Casino land gambling group, for some time now the target for privatisation, is unlikely to be sold before 2020, according to a parliamentary briefing by junior finance minister Menno Snel. Like the country’s snail-like approach to online gambling legalisation, that’s several years later than planned, according to the publication Dutch News NL. …
The Russian land and online games and software developer Igrosoft has inked a content supply agreement with 2WinPower, provider of online gambling turnkey platforms along with land and online slots, which has taken on board Igrosoft’s library of HTML5 games. The package includes games like Lucky Haunter, Crazy Monkey, Sweet Life, Fruit Cocktail, Garage, Resident …
Turnkey online gambling platform provider Dench eGaming Solutions has secured a deal to provide its full platform to Latvian land and soon online gambling operator Klondaika (aka Furors), with the platform scheduled to go live at Klondaika.lv in April 2018. Dench CEO Dobromir Mitev says the deal is strategically important as it supports the investments …
A new study by Goldsmiths University in London has again focussed attention on the need for both football clubs and the online gambling companies that sponsor their shirts to exercise more compliance with the policy of excluding gambling logos or slogans on children-sized shirts or promotions using youthful players. Three of the nine Premier League …
Eastern European online and land gambling group Fortuna Entertainment has issued a trading update declaring management’s confidence that the group will meet its FY2017 targets following a buoyant final quarter. Management expects to achieve group revenue of Euro 1.9 billion, and has raised its FY EBITDA growth estimate to between 135 and 155 percent, well …
The European Gaming and Betting Association (EGBA) has asked the Norwegian Data Protection Inspectorate (DPI) to investigate a Norwegian payment blocking scheme for privacy breaches. EGBA claims that the implementation by the Norwegian Gaming Authority of payment blocking violates the privacy rights of Norwegian citizens when conducting online payments. The scheme established by the Norwegian …
This week’s news that affiliate marketing network Catena Media has made another acquisition has again highlighted the consolidation taking place in the affiliate marketing sector of the industry. Stockholm-listed Catena grew its German market influence with the acquisition for Euro 9.5 million of the Dreamworx Online sports betting, casino and financial services network, which includes …