Gambling news - page 421

Sportech loses compound interest case against HMRC

1 Nov 2017

The eight-year legal battle between Sportech and Her Majesty’s Revenue and Customs (HMRC) continues concerning its claim for compound interest on the repayment of GBP 97 million in overpaid VAT the company paid, reclaimed and was ultimately awarded back in December 2016 (see previous  reports). In the latest development, the Sportech board expressed its disappointment …

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Microgaming’s ‘The Phantom of the Opera’ live today

1 Nov 2017

Microgaming’s highly anticipated ‘The Phantom of the Opera™’ online slot went live today with partner Microgaming and Quickfire operators . ‘The Phantom of the Opera™’ is based on the successful film adaptation released in 2004 that grossed over $154 million worldwide. This 243 ways, 5×3 reel game features the musical’s world renowned scores and the …

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Better Collective acquires PariuriX

1 Nov 2017

iGaming community platform developer Better Collective has announced the award of an affiliate license for the Romanian market and the acquisition of PariuriX, a predominantly sports betting focused platform that the company claims has captured the biggest iGaming community in the country. With PariuriX’s brand values aligning strongly with Better Collective’s own principles, as well …

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Belgium implements new online ID programme

1 Nov 2017

In an industry update, the Belgian Gambling Commission (BGC) has begun rolling out a new online identification system in partnership with True Odds nv. The project, dubbed Games 2.0, is expected to address online identification issues. “Fake national registry number will be a thing of the past, among other things,” the Commission said, as it …

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Philippines regulator-operator reports on latest results

1 Nov 2017

The Philippine Amusement and Gaming Corp. (Pagcor) which both regulates and operates gambling assets in the Philippines has posted its results for the period January – September 2017, highlighting: * Net income up 36.3 percent y-o-y at of P4.4 billion; * Income from gaming operations P42.4 billion; * After tax total income up 15.7 percent …

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Macau gambling revenues up 22 percent in October

1 Nov 2017

National holiday week traffic during October helped boost gambling revenues on the Chinese island of Macau by 22 percent year-on-year to 26.6 billion patacas (US$3.3 billion) according to official figures released Wednesday. The increase in revenue, which is ahead of analyst predictions, represents the fifteenth consecutive month of gains in Macau and is the best …

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Paddy Power Betfair reports on third quarter

1 Nov 2017

Online and land gambling group Paddy Power Betfair posted its Q3-2017 results Wednesday, highlighting: * Revenue up 9 percent year-on-year to GBP 440 million, driven by 11 percent growth in sports revenue; * Underlying EBITDA up 7 percent to GBP 121 million on a margin of 28 percent, notwithstanding marketing investment in the Draft acquisition …

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10Bet exclusive betting partner to VFL Wolfsburg

1 Nov 2017

Professional Bundesliga football club VfL Wolfsburg has agreed an exclusive betting partnership with online sports betting operator 10Bet. Through the partnership 10Bet will enjoy branding opportunities on pitch-side, LED screens and interview backing at all league and cup games as well as through the Club’s print and digital channels. “This exciting collaboration between two internationally …

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New day of the dead slot from NYX Gaming Group

1 Nov 2017

NYX Gaming Group has integrated ‘Delve into Fortunes’ on NYX OGS, a playful take on the Mexican Día de Muertos Festival. This 5-reel, fifty-payline slot, developed by NYX’s Montreal-headquartered development studio, Side City Studios Inc., is beautifully illustrated and accompanied by a Flamenco-style soundtrack. A random Once In A Wild Re-Spin feature, awards four Random …

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Spanish market shows good growth in third quarter

1 Nov 2017

Quarter three online gambling results released Tuesday by Spain’s Dirección General de Ordenación del Juego (DGOJ) show total gross gaming revenue up 37.3 percent year-on-year despite a 3 percent decline in advertising spend. Key performance metrics for the three month period ending September 30, 2017 include: Consolidated gross gaming revenues (GGR) amounted to  Euro 140.5 …

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ESSA details 72 suspicious betting cases in Q3 report

31 Oct 2017

Sports betting integrity body ESSA reported 72 cases of suspicious betting activity in its third quarter summary bringing to 152 cases in total in 2017 to date. The alerts identified 46 cases linked to Tennis and eight each for football and table tennis. Four cases were linked to Basketball and two each for badminton, snooker …

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Leander partners Pocket Games Soft

31 Oct 2017

Malta-headquartered Pocket Games Soft (PGS) is the latest third party supplier to integrate with Leander Games’ LeGa platform. PGS is the development studio behind the Medusa, Summon & Conquer and Tree of Fortune slots which will be made available to UK and Alderney-licensed LeGa operators. “In a short space of time, Pocket Games has quickly …

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NGCB welcomed to Sport Integrity Global Alliance

31 Oct 2017

The Sport Integrity Global Alliance (SIGA) has  welcomed the Nevada Gaming Control Board (NGCB) to its growing network of global supporters. The State governmental agency is the first institution of its kind to join SIGA adding an important dimension to its 100 other members who have committed to protecting the integrity of the sports industry. …

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William Hill on FOBT triennial review

31 Oct 2017

William Hill has weighed in on the UK Government’s gambling reform package saying while it welcomes their acknowledgement of the importance of social responsibility measures and the industry’s contribution to the wider economy it remains concerned that potentially severe stake cuts in FOBT’s remain an option. The company indicated it will play a full part …

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FOBT max bets will be cut by at least half

31 Oct 2017

Bookmakers can anticipate a cut in the maximum bet permitted on Fixed Odds Betting Terminals of at least 50 percent, according to the UK government’s review of gambling published today (Tuesday). The long awaited report leaves the exact size of the cut in abeyance pending the results of a 12-week consultative period, but a cut …

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Authentic Gaming to supply live dealer casino content to Multilotto

31 Oct 2017

Live casino gaming provider Authentic Gaming has joined forces with secondary lottery operator Multilotto and will provide the operator with its full suite of products and services, the company advised Tuesday. The exclusive partnership marks the first time Multilotto has offered live casino products to its players in global dotcom markets, the UK and Ireland, …

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Second time lucky as Philweb secures PAGCOR accreditation

30 Oct 2017

Philweb, an online gambling firm in the Philippines almost killed off last year by president Rodrigo Duterte’s vendetta against online gambling (see previous reports) can again offer its services to online gaming sites after securing accreditation from regulator PAGCOR. Announcing the accreditation in a stock exchange advisory, the company claimed it has been accredited as …

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U.S. gambling software provider secures live dealer patent

30 Oct 2017

US gambling software provider start-up Casino Scout announced Monday that it has purchased the Robins/Hepworth live gambling patent (USA #8,142, 281) for an undisclosed amount. Discussing the acquisition, Casino Scout CEO Stephen Crystal said: “The Robins/Hepworth patent provides a foundation for live gambling, enabling activity on a patron’s smart devices while in a casino setting. …

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China lottery sales rise again in September

30 Oct 2017

China’s main lotteries continued to generate improved sales in September, according to official Ministry of Finance figures which reported overall sales up 15.1 y-o-y at 36.93 billion yuan (around US$5.56 bllion). Sports lottery sales delivered the best growth, up 24.4 percent at 19.32 billion yuan, bringing year-to-date numbers to 151.67 billion yuan (US$22.82 billion), an …

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Slotomania plots launch of risky media campaign

30 Oct 2017

Social casino developer Playtika’s Slotomania brand is set to embark on a potentially risky advertising campaign in which a total of 1,440 film clips have been developed – one for every minute of the day –  in the “Why Its OK to Play” campaign. The video spots developed by FCB Happiness Saigon run in real-time …

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Stan James online slapped with GBP 80k penalty

30 Oct 2017

Stan James Online has agreed a GBP 80,000 penalty package with the UK Gambling Commission (UKGC) for  failures in social responsibility and money laundering. An investigation by the UKGC centered around a customer who deposited stolen money with Stan James Online between November 2014 and October 2016. The investigation determined that during this time the …

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Pennsylvania governor signs online gambling bill into state law

30 Oct 2017

Pennsylvania Gov. Tom Wolf has wasted little time in signing the gambling expansion bill approved by the state House and Senate last week, which includes the legalisation of online poker and casino gambling and daily fantasy sports. The governor’s signature marks an end to the four-month debate over what should be included in the budget …

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Topbetta completes tote tech acquisition deal

30 Oct 2017

Australian sports betting and horserace wagering operator TopBetta Holdings has completed the acquisition of the code base of The Global ToteB2B product from Modern Wagering Systems (see previous report). The wholesale distribution deal, agreed earlier this month, assigns all proprietary rights and interests in the software code base, for use by The Global Tote and …

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Leovegas and Kambi sign multi-year extension

30 Oct 2017

Sports betting provider Kambi will continue to provide its sportsbook and technology services to online operator LeoVegas following the agreement of a multi-year contract extension. Kristian Nylen, chief executive officer of Kambi, said: “Contract extensions are particularly pleasing as they underline both the relevance of the outsourcing model and quality of our Sportsbook, so we …

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