Gambling news - page 450

Czech government imposes loss limits on gamblers

28 Jul 2017

Czech-licensed land and online gambling operators face a new burden this week following the implementation of a fresh government requirement which calls for the imposition of mandatory loss limits for players, and requires operators to halt service to punters who exceed the limits. The Ministry of Finance issued guidelines this week requiring operators to set …

Read now

Ladbrokes revamp live casino offer

28 Jul 2017

In partnership with Playtech, Ladbrokes has relaunched its live casino offer with improved technology and a dedicated studio environment sporting a fresh design. Antonio Ruggeri, live casino product manager for Ladbrokes, said: “Our gaming customers want an authentic casino experience and that is why we’ve updated our live casino offer and increased player interaction to …

Read now

UK ASA clamp down on LeoVegas and Coral

28 Jul 2017

UK-licensed gambling operators LeoVegas and Coral have been sanctioned by the UK Advertising Standards Authority (ASA) this week. A TV Ad for Coral, which flighted in April, featured several clips of footballers playing football. The voice-over said: “The beautiful game you can watch it or you can get involved in it with the latest Coral …

Read now

Kambi report on first half progress

28 Jul 2017

Sportsbetting technology provider Kambi reported on its first half year and second quarter results which, while steady, were impacted by a renegotiated multi-year extension to its 888 Holdings contract. Key performance indicators for the second quarter ending June 2017 include: – Revenue of Euro 14.1 million (Q2/2016: Euro 13.7 million), an increase of 3 percent. …

Read now

BetConstruct partners 1×2 Network

28 Jul 2017

Technology provider BetConstruct has entered into a new distribution deal with 1X2 NETWORK following which it will offer its clients a selection of HTML5 content from the UK developer including sports games, table games and slots. “We are pleased to offer the unique gaming products of 1X2 NETWORK to our growing casino engine,” Sergey Harutyunyan, …

Read now

Gowild granted remote license by UKGC

28 Jul 2017

Malta-licensed online gambling operator GoWild has been granted a remote gambling operating license by the UK Gambling Commission (UKGC). Described as an exceptionally welcome achievement and forming part of an ongoing expansion strategy, GoWild expects to launch in the UK market in the near future. Itai Zak, chief executive officer of GoWild, said: “The UK …

Read now

Uruguay considers taxation of online services

28 Jul 2017

The Uruguay Economy and Finance Ministry is reportedly preparing a decree that would block illegal online gambling through internet service providers as it continues to consider regulatory reform for the eventual legalisation and regulation of unregulated online service sectors. According to local media outlet el Observador, a series of articles published by the Ministry of …

Read now

Kindred group delivers robust results

28 Jul 2017

In an industry update Wednesday, Kindred Group plc reported robust second quarter and first half year highlights saying marketing investments in the previous quarters were bearing fruit. Key performance indicators for the first half-year ending June 2017 include: – Gross winnings revenue of GBP 319.8 (H1/2016: GBP 249 million). – Underlying EBITDA was GBP 63.7 …

Read now

New accumulator product from Digital Sports Tech

28 Jul 2017

Sports betting solutions provider Digital Sports Tech (DST) launched a new customizable, instantly-priced accumulator product dubbed Quick Pick Accumulators (QPA) this week. Players will be able to combine multiple betting markets from a match on a single accumulator in time for the 2017-18 European football season. “Request a bet style accumulators are increasing in popularity …

Read now

Evenbet Gaming sign trio of deals with new content providers

28 Jul 2017

Enterra, Inc’s EvenBet Gaming business has taken new content on board from GameArt, Tom Horn Gaming and Mr Slotty. The content, between 35 to 50 titles from each provider, includes classic and video HTML5 slots, jackpot and mobile games. EvenBet Gaming will offer the content across its white label online poker and gaming platforms.

Read now

MyBet and Rank Group sign football sponsorships

28 Jul 2017

MyBet Holding SE has become the new co-sponsor and official exclusive sports betting partner of Borussia Mönchengladbach for the next two seasons of the Bundesliga. mybet will enjoy a brand presence in stadium and outdoor communications as well as across the club’s digital and print channels. Rank Group’s Grosvenor Casinos brand has signed a deal …

Read now

Z Capital Partners acquire Sports Information Group

28 Jul 2017

US investment firm Z Capital Partners, LLC, has acquired New York-headquartered, multi-media information company Sports Information Group, LLC (SIG) from Arlington Capital Partners for an undisclosed consideration. SIG owns Daily Racing Form (DRF), a dominant daily publication in the horse racing industry that has been in business since 1894. DRF also offers horse race wagering …

Read now

BetConstruct to distribute 1×2 Network games

27 Jul 2017

1×2 Network and its subsidiary games development studio Iron Dog have inked a content distribution agreement with BetConstruct. The deal will see the wider distribution of 1×2 games, including sports and table games and slots which will increase choices for BetConstruct customers. Sergey Harutyunyan, COO of BetConstruct said in a statement: “We are pleased to …

Read now

Delaware legalises daily fantasy sports

27 Jul 2017

The US state of Delaware, already one of the pioneers in US online gambling legalisation, has extended legalisation to daily fantasy sports. On Wednesday Gov. John Carney signed bill HB 249 into state law following the approval of the state legislature last month. The bill, which comes into force in a month’s time, and takes …

Read now

French online sports betting up 9 percent in Q2-2017

27 Jul 2017

Figures released by French regulator ARJEL Wednesday brightened up the online gambling sector with the news that turnover and revenue rose to record quarterly levels in Q2-2017. The improvement came despite a difficult comparison with the same period last year, when business was boosted by wagering on the Euro 2016 football championships. Turnover of Euro …

Read now

Ladbrokes trading update reports merged group on track for 2017

27 Jul 2017

The merged Ladbrokes Coral group issued a trading update Thursday covering the period January to end June 2017 and highlighting the following achievements: * The group is on track with expectations for the full year; * Merger synergies upgraded to GBP 150 million by 2019 – more than double original predictions; * Strong Digital performance …

Read now

Some movement on Pennsylvania online gambling legalisation

27 Jul 2017

The long-running debate on how the Pennsylvanian legislature is to fund a $2.2 billion deficit on this year’s already approved $32 billion state budget showed some movement Wednesday evening, when the state Senate tentatively agreed a measure that includes legalised online gambling and DFS among other gambling expansion elements. Other possibilities in the Senate plan …

Read now

Novomatic acquires Capecod Gaming

27 Jul 2017

Novomatic subsidiary Novomatic Italia has reportedly acquired Italian software developer and gaming platform provider Capecod Gaming for an undisclosed consideration. Considered a software pioneer in the Italian market, Capecod Gaming boasts 80 plus customers to whom it provides HTML5 content, including major operators such as Microgame, Sisal, SNAI, MrGreen and StanleyBet. Recently released gaming titles …

Read now

Argentina mulls creation of a national gambling regulator

27 Jul 2017

Argentina’s provinces, like individual states in the USA, jealously regard their constitutional right to make laws governing activities within their borders, and this may be challenged in the near future. The reason is that there are indications that the federal government may be considering the formation of a national gambling regulator. This information came to …

Read now

Sporting Index rebrands to Sporting Group

27 Jul 2017

Spread betting firm Sporting Index Group has undergone a complete rebrand and will, along with Sporting Solutions, fall under the newly formed Sporting Group. The rebrand, the result of market research undertaken by both Sporting Index and Sporting Solutions, aims to establish a ‘bold and progressive change’ which comprises a newly developed logo, color palette …

Read now

Greentube launch Mount Airy social casino

26 Jul 2017

Novomatic subsidiary Greentube has launched a new social casino for Pennsylvania’s terrestrial casino, Mount Airy Casino Resort, built using Greentube Pro, Greentube’s private label social casino solution. The platform provides a branded experience that reflects the physical appearance of Mount Airy Casino Resort. Players who visit the site will instantly recognize a virtual rendition of …

Read now

Gambling companies prominent in Premier League football sponsorships

26 Jul 2017

The publication Sports Intelligence reports that England’s Premier League football clubs have no shortage of sponsorships – with almost half of the 20-club list signed up for shirt sponsorships by gambling companies. Spending on shirt sponsorship deals has soared, trebling over the past seven seasons from GBP 100.45 million to GBP 226..5 million in 2016 …

Read now

PAGCOR profits rise 25 percent in H1-2017

26 Jul 2017

Latest H1-2017 results from the Philippine Amusement and Gaming Corporation (PAGCOR) show that the land and online gambling regulator-operator enjoyed another successful half-year, generating a 25 percent year-on-year rise in profit at P3 billion (US$60.2 million), principally from land activity. Revenue rose almost 8.5 percent y-o-y to P23.3 billion (US$558.5 million) and the Philippines taxman …

Read now

Draft report by Massachusetts online gambling commission triggers complaints

26 Jul 2017

The long-awaited draft report of the Massachusetts Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports was released this week and immediately triggered disquiet and complaints. Two recommendations in the report created waves; the proposal that “more expansive online gaming” (the legalisation of online casino and poker) be delayed in order to …

Read now