The Australian Criminal Intelligence Commission (ACIC) has made the startling claim that online sports betting – one of the most strictly regulated and operator-conscious sectors in the country – is a growing risk area for money laundering activities, and has implied that there may be links with that nebulous bugbear “organised crime” in other jurisdictions. …
The intriguingly named Gunsbet online casino, operated by Curacao licensed Netincom N.V., is on finals pending a launch early in September. Early reports indicate that the site will sport the popular Wild West theme, with a gaming suite and player promotions and facilities similar to those of sister brand Loki Casino. According to internet reports …
Reports in the South Australian media focussed on the Elizabeth Magistrates Court this week, where a 34-year-old former business manager of a private school pleaded guilty to charges that he fraudulently misappropriated A$1 million between 2012 and 2016. Travis Saegenschnitter allegedly falsified invoices and financial reports to cover up his thefts from the St Jakobi …
The Italian gambling market continued to expand in July despite the nation’s economic difficulties, with official statistics showing that Italian punters continued to bet on all forms of gambling, although online poker cash game revenues dipped by 5.3 percent in the year so far compared with the corresponding period in 2016. That could change following …
When Philippines president Rodrigo Duterte took office last summer he listed a war on online gambling as one of his priorities, committing to sweeping bans that disrupted the industry. However, the maverick president appears to have experienced an epiphany on the issue and was recently reported as saying: “I really can’t stop it. You better …
Tau Gaming’s new online casino Seven Cherries is set to launch next week on the Nektan platform with a wide selection of games from top providers like IGT, Amaya, 888, Dragonfish, NetEnt, and WMS. Pre-launch publicity pledges plenty of promotional offers as the new online casino site joins other operations in the Tau stable such …
Indonesia’s Ministry of Communications and Information Technology (Kemkominfo) appears to have over-reached in its war against online gambling, imposing an ISP-block on Giphy.com, one of the web’s most reputable and large repositories of fun gifs. Instead of blocking the actual gambling sites, the ministry has gone after a popular non-gambling company that merely carries online …
Bart Esposito, the CEO of sportsbook technology and services supplier Sirplay says he has big plans for industry cooperation in Africa. Starting with Nigeria, he is working to build up a pan-African gaming confederation that will enable stakeholders to share critical information relating to markets across the continent. Sirplay entered the African sportsbook market five …
New Jersey became the sixteenth US state to legalise daily fantasy sports this week when Gov. Chris Christie signed bill A3532 – a measure approved by the state legislature last month – into state law In fact, state regulators have already opined that DFS is legal under state law, with the FastPick product rolled out …
Politicians in Uruguay’s Chamber of Deputies have approved a ban on online casino and poker gambling as part of a larger bill titled the Accountability Law. The bill now moves to the Chamber of Senators for approval from where, if successful, it will go the President Tabare Vazquez for signature. According to a press release …
A new study by Bryant Surety Bonds, commissioned by the Fantasy Sport Trade Association, claims that 20 percent of Americans 12 years of age or older currently play fantasy sports. The gender split in the sector is 64 percent male and 34 percent female. In an interesting infographic, the researchers say that the number of …
Following public complaints police in Pattaya, Thailand mounted a raid on a city commercial building Wednesday, subsequently reporting that they found a large number of desktop computers “tuned” to illegal online betting facilities, along with other evidence indicating that the premises was being used as an online gambling centre. The evidence was seized and the …
First detailed look at UK problem gambling since 2010 finds that 0.8 percent of the adult population can be classed as having a gambling problem, whilst 3.9 percent of the population is classed as “at-risk.” The UK Gambling Commission has released the results of its report on problem gambling – the first such study by …
Regulated gambling technology supplier Sportech plc has posted its H1-2017 results, highlighting the following: * Global expansion continued in Asia, Europe and the United States; * Group had cash of GBP 76.2 million at 30 June 2017, and no bank debt following the cancellation of the bank facility, which totalled GBP 75 million; * Successful …
Cherry Group has posted strong Q2 and H1-2017 numbers, emphasising strong growth in earnings and revenues and highlighting: Q2-2017 * Group revenue up 179 percent year-on-year to SEK 536 million (192), with organic revenue growth amounting to 37 percent; * Profitability improved and EBITDA increased by 524 percent to SEK 93 million (15) on margin …
The US state of Washington licenses and profits from almost every form of gambling there is, but not the online vertical, where it has earned notoriety for having some of the most draconian, anti-player laws in the Union. That could be about to change, according to a speculative report in the publication Pokerfuse, which claims …
The trade body Austrian Association for Betting and Gaming has raised concerns around a Ministry for the Interior proposal that ISP companies be given authority to block websites they believe are indulging in criminal activity, noting that although online gambling is not specifically mentioned it could be targeted by such an amendment to existing laws. …
Online gambling and financials group Playtech plc has posted strong H1-2017 results showing continued growth driven by recent acquisitions. The company reported the following financial highlights: * Total revenues of Euro 421.6 million up 25 percent vs H1 2016 on a reported basis (30 percent at constant currency rates). 20 percent of growth attributable to …
Online gambling software and games provider Playtech plc has announced that its Financials B2B Division has agreed to acquire technology, intellectual property and certain customer assets from ACM Group Limited (Alpha) in order to enhance the Division’s B2B offering. Consideration for the acquisition comprises an initial up-front payment of $5 million; two staged payments based …
One of online gambling’s strongest political supporters in the United States, New Jersey Senator Jim Whelan, has passed on, triggering respectful praise for his integrity and 30-year career of public service from a host of high profile political and industry personalities that includes Governor Chris Christie. The 68-year-old Senator and former Atlantic City teacher and …
Online sports betting supplier BtoBet’s expansion into the Latin American and African markets will be boosted by the provision of live streamed games and lottery content from BetGame.tv in retail betting shops following an agreement between the two companies signed this week. BetGames.TV’s head of sales Christian Maglia said in a statement Tuesday: “It’s a …
Computer software giant Microsoft announced this week that it is partnering with ASUS Republic of Gamers and HyperX to host weekly League of Legends event. The “ROG Arena at Microsoft Store” competition invites local players to sign up for 5-on-5 battles each Saturday beginning August 26, with up to eight teams at the weekly tournaments. …
Eddie Tipton, the state lottery IT manager notorious for rigging for his personal benefit the software at the Multi-State Lottery Association has been sentenced to serve 25 years imprisonment. The sentence will run concurrently with the five-and-a-half years handed down earlier this year by a Wisconsin court. Tipton installed a ‘rootkit’ device that caused the …
Good Guys Media has announced the launch of its new online casino Captaincharity.com, powered by Aspire Global. The owners claim that they are taking a revolutionary approach to online gambling by donating 50 percent of net profits to a range of charities and environmental organisations. The Aspire Global package includes a complete suite of in-house …