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 …
Toronto-listed online gambling supplier NYX Gaming has posted another strong quarterly for the three months to end June 2017, reporting double-digit growth in revenue, with a significant improvement in the contribution from subsidiary Openbet. Highlights from the report include: * Revenue up 73.3 percent year-on-year at Cdn$ 61 million; * Contribution to revenue from Openbet …
Unexpected reports from the state of New Hampshire have raised hopes that online legalisation is still being seriously considered by the granite state, which just two months ago approved online lottery activity – the fifth US state to do so. The bill in question, H 562 was first introduced in January this year (see previous …
August 24 is the date set for the launch of Yggdrasil’s new ancient Egyptian themed 5 reel game Valley of the Gods, which offers players up to 3,125 ways to win and an opportunity to win 20x bet. The colourful and multi-featured game is liberally illustrated with Egyptian hieroglyphics and typical symbols from the time, …
Betway has increased its investment in eSports, penning its second sponsorship with the ESL Pro League. The professional CS:GO league, in its sixth season, sees 14 European and North American Teams vie online for a $1,000,000 prize pool culminating in a final event in Odense, Denmark from 8-10th December 2017. This is Betway’s second successive …
Online operator TempoBet has gone live with a full suite of Habanero video slot titles across a range of desktop and mobile devices. Among the games available will be Habanero’s most recent release The Dead Escape, as well as Panda Panda, Bird of Thunder, and Fire Rooster. “This deal marks yet another major step in …
UK tabloid newspaper-branded online casino Sun Vegas has significantly expanded its range of games with a suite of games from NetEnt. The Tabcorp-operated Sun-branded site will feature NetEnt favs such as Starburst, Twin Spin and Gonzo’s Quest, among any others. “We are constantly striving to provide our players with the most innovative & entertaining content, …
Seville-based platform supplier OPTIMA is experiencing a bumper year in terms of growth assisted by the introduction of a new range of products which include a solution that converts UK retail customer bases from a shop server system to a serverless system. The solution provides operators numerous advantages which include cost savings, elimination of data …
Cherry Group has adjusted its full-year forecast for 2017, saying the integration of its recent acquisition of Come On! has not yet achieved a full positive impact. The Group moved to emphasize that all business areas continue to perform well, showing strong development and profitable growth. The total revenue for full year 2017 forecast of …
Virtual sports software developer VSoftCo Ltd has inked a multi-year content agreement with numbers game provider Link2Win. Marking an expansion into a new vertical, VSoftCo has integrated Link2Win’s complete portfolio of ‘Linka’ games to its platform. “The partnership with Link2Win is very exciting for VSoftCo as it is the first time we are integrating a …
European online sports betting operator NGS Bet (Bahis) has launched a new year-long advertising campaign targeting sports fans across Europe. The campaign was created by the MAG agency (Media Agency Group) and is multi format in nature, with a strong football stadium presence element, especially at La Liga matches in Spain. NGS Bet’s advertisements will …
A study of Q1-2017 results conducted by independent research firm MECN has produced an interesting “best 4” list of top revenue-generating companies, with the Swedish Cherry Group singled out as the leader, having grown its revenues in the quarter by a remarkable 281 percent to SEK453 million. Cherry’s success was to some extent based on …
Argyll Entertainment’s launch of its new sportsbook Sportsnation.bet (see previous report) has been followed by the news that the operator has migrated all BetOn Brazil online punters to the new enterprise. Sportnation is powered by SBTech and has hired Alan Brazil as its sports ambassador Stuart Tilly, CEO at Argyll Entertainment, says: “We had great …
The Daily Mail reports that London hedge fund Silchester International has acquired a 5 percent stake in online and land gambling group William Hill plc, making it the fourth biggest stockholder in the company. Silchester has a reputation for taking a punt on struggling companies that nevertheless have strong potential, and Will Hill has been …
Mecca Bingo’s new 90-ball bingo variant offers a Linka-Balls feature as a centerpiece within a retro-themed bingo room. Six colored Linka-Balls, representing the colors used for the bingo balls calls, are used alongside the 90-ball variant. These additional balls become a live in-game feature that plays out during the main session, aimed at increasing customer …