Gambling news - page 449

Antigua appoints online gambling expert as its special economic envoy

9 Aug 2017

The government of Antigua and Barbuda has announced the appointment of Calvin Ayre as a Special Economic Envoy with responsibility for advising on economic cooperation and commerce between Antigua and Barbuda and other sovereign States where cybercurrency blockchain technology is being utilised. Our readers will recall that Ayre recently cleaned his slate with the US …

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Ultraplay to provide sportsbetting platform to new LatAm operator

9 Aug 2017

Betting solutions provider UltraPlay has announced that it has been contracted to supply its online sports betting solution to Eldorado online casino – a brand-new iGaming operator on the Latin American market. Providing its iframe solution, the Bulgaria-based online betting provider has reached the emerging iGaming market through its collaboration with the SoftSwiss platform. With …

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Ontario Lottery selects third party firm to manage Toronto land casinos

9 Aug 2017

Moves by the Ontario Lottery and Gaming Corporation to shift the responsibility for operating its land casinos to carefully selected third party companies have proved a boon to the Great Canadian Gaming Corp., which has just been announced as the successful applicant to run three casinos in the Toronto area. The news boosted Great Canadian …

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Corcoran speaks on his imminent exit from Paddy Power Betfair

9 Aug 2017

Paddy Power Betfair CEO Breon Corcoran, whose intention to depart the company was announced yesterday (see previous report) has discussed his future with reporters from Irish media, revealing that after 16 years in online gambling it is time to move on, perhaps to unrelated fields. Corcoran said that he has yet to decide on what …

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New Perfect Pairs Blackjack from OneTouch

9 Aug 2017

Games developer OneTouch.io has released Perfect Pairs Blackjack, designed to provide an intuitive user experience via single-touch ergonomics. Embracing a mobile-first philosophy, Perfect Pairs Blackjack offers players a side bet which pays out immediately, giving punters the chance to use their side bet winnings on a double or split in the same round. OneTouch’s latest …

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Fortune Jack content deal clinched by iSoftBet

8 Aug 2017

UK online and mobile casino content provider iSoftBet has signed a deal to provide Bitcoin gambling operator, FortuneJack, with its entire portfolio of original and branded slots and table games. iSoftBet will make the games available in a range of markets, including Italy, Spain, Belgium, Estonia, Romania, Portugal and Lithuania. FortuneJack is one of the …

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Revenues up but Inspired continues to record losses

8 Aug 2017

Land and online gambling technology supplier Inspired Entertainment has posted its Q2-2017 results, reporting a net loss of $8.3 million despite improved revenues up 9 percent at $32.3 million. The company reported EBITDA down 10.2 percent at $9.6 million but boasted solid growth in its server based gaming and virtual sports and mobile divisions, particularly …

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Online gambling continues to drive GDP growth in Malta

8 Aug 2017

The Malta Chamber of Commerce website carried interesting official facts and figures this week, along with the news that for the sixth year running the online gambling industry on the Mediterranean island continued to lead GDP growth, which reached 5 percent in 2016, and government aiming for 6.5 percent in 2017. The website article quoted …

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Paddy Power Betfair posts interim results

8 Aug 2017

On the heels of yesterday’s announcement that CEO Breon Corcoran is to step down later this year (see previous report) Paddy Power Betfair has released its 2017 interim results, reporting improved revenues but higher promotional and pricing investment. Highlights of the H1-2017 report include revenue up 9 percent year-on-year to GBP 827 million, driven by …

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Betsson subsidiary launches mobile sportsbook

8 Aug 2017

Betsson’s operational subsidiary has launched its new mobile sportsbook on brands Betsson, Betsafe and Nordicbet, the company announced Tuesday. The main improvements are ease of use, better user interface and speed, using the proprietary front-end technology framework OBG. Betsson has made a number of improvements to its sportsbook offering over the past year. The company …

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Estoril Sol expands online operation with a new sportsbook

8 Aug 2017

Estoril Sol, Portugal’s biggest land-based gaming group and operator of the region’s first legal online casino, has significantly expanded its online offering with the launch of a new sportsbook powered by platform provider Gaming1. The newly rebranded ESCONLINE.pt site has gone live with Gaming1’s sports betting platform, which is fully compliant with Portuguese regulations. The …

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Metal Casino – New online casino launched

8 Aug 2017

MetalCasino.com launched this week with ambitions to become a platform where a global community of metal-heads and casino lovers can share their passion. The new operator is licensed by the Malta Gaming Authority and the UK Gambling Commission and has launched on Gaming Innovation Group’s platform service iGaming Cloud, with Fast Track as its front …

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Capital restructuring at FanDuel gives shareholders a bigger slice

7 Aug 2017

A merger termination clause agreed by FanDuel management earlier this year is now taking effect following the abandoned merger with DraftKings (see previous  reports). Business media reports last week indicate that the clause will result in founders Nigel and Lesley Eccles seeing their shareholding in the business reduced, and their rights as shareholders diluted as …

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Betfair set to score from Mayweather – McGregor fight

7 Aug 2017

With just short of three weeks to go before two ferocious boxers enter the ring in what has been billed as the fight of the century, online betting exchange Betfair reports that it has already taken a record-breaking GBP 11.3 million in wagers…and a spokesman predicts that by the time the fight starts that could …

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Paddy Power Betfair announces top management change

7 Aug 2017

Online and land betting group Paddy Power Betfair plc surprised the industry with a stock exchange notification Monday morning that CEO Breon Corcoran is to step down. His replacement will be Peter Jackson, a 41-year-old former WorldPay plc chief executive. Corcoran has served 16 years with the betting group and its predecessor companies, the announcement …

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Tasmania pokie operator deflects criticism by attacking online gambling

6 Aug 2017

A Tasmanian government inquiry into the local gaming industry, where club and pub based pokie machines rule supreme, will hear more evidence this week from various interested parties, including the Federal Hotels group, which holds an exclusive deed on poker machine licences that only expires in 2023. The inquiry is tasked with delivering its report …

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Chinese online gambling and lottery fraud suspects deported from Fiji

6 Aug 2017

77 Chinese citizens accused of illegal online gambling and lottery fraud offences were flown back to China from Fiji this week and escorted to detention facilities by a large contingent of police officers. The Ministry of Public Security said in a statement Saturday that the suspects are defendants in more than 50 cases involving over …

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No-cost online sports betting

6 Aug 2017

A young team of program designers in Norwich, UK has raised GBP 150,000 in funding, having developed a new app that offers sports punters the excitement of gambling without the cost. The Bet4F team has combined elements of social gaming and sports betting in the app, which allows punters to bet on matches and events …

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Fixed odds betting terminals in the news again

6 Aug 2017

The Daily Mail newspaper created a stir in gambling circles over the weekend when it reported that Britain’s Chancellor of the Exchequer, Philip Hammond, has blocked political efforts to reduce the staking limits on fixed odds betting terminals (FOBT) in bookmaker betting shops. Following intense media and political pressure, Britain’s ministry for Culture, Media and …

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William Hill agrees in-stadia betting deal with Queens Park Rangers

6 Aug 2017

The UK football club Queens Park Rangers has confirmed that it has agreed an in-stadia betting deal with William Hill which will enhance its supporters’ match day experience at Loftus Road, where the company has installed betting facilities for fans. The agreement includes a provision which enables fans to collect their winnings at any of …

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Skill based games developer features top DJ

5 Aug 2017

US skill-games developer GameCo has announced that its next game designed for its land casino-located video gaming machines will feature the music of DJ and producer Steve Aoki following an agreement on licensing with the celebrity. Scheduled to debut in casinos late summer 2017, the game is inspired by Aoki’s 2014 Neon Future album and …

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Indian high court rules that playing daily fantasy sports is not betting

5 Aug 2017

The Punjab and Haryana high court in India handed down an important finding this week, ruling that daily fantasy sports activity is a skill-based form of gaming and therefore does not constitute gambling. The Times of India reports that Justice Amit Rawal opined that playing fantasy games online requires considerable skill, judgment and discretion, and …

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Pennsylvania House still delaying online gambling legalisation

5 Aug 2017

The latest information from Pennsylvania is that the budget funding crisis remains unresolved, mainly due to lassitude or deliberate stalling tactics in the state House. Our readers will recall that the legislature is struggling to find consensus on a funding package to pay for the state budget of $32 billion, where a $2.2 billion deficit …

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Coral – Middlesborough FC sponsorship deal extended

4 Aug 2017

The UK betting group Coral has confirmed that it has extended for another three seasons its sponsorship and betting partner agreement with Middlesborough football club. Coral will provide a full range of betting services on match days at the club’s Riverside Stadium, and in return it will receive publicity and a brand presence on the …

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