Kambi Group plc has entered into a multi-year sportsbook deal with Bulgaria’s National Lottery AD’s 7777 brand. 7777 boasts a customer base of over two million and is considered to be one of Bulgaria’s leading online lottery and gaming operators. Kambi’s sports betting solution will replace 7777.bg’s existing sports betting service as the operator strives …
Betfair’s New Jersey online casino operation is right on trend this week with the release of two new Konami online slots with themes that tie in to the forthcoming Great American Eclipse – a title the media have given to a celestial event on August 21 which will see an eclipse of the sun over …
Pennsylvania senators have finally (if narrowly) voted through their solution to the state’s $2.2 billion budget deficit, proposing a funding package that includes an estimated $200 million contribution from legalised and expanded gambling (including online and DFS). The State Senate funding estimate for gambling tax income is $100 million more than similar proposals last year, …
Amid speculation that the highly competitive UK betting market has presented market penetration difficulties for it, daily fantasy sports operator FanDuel has explained why it made the decision to withdraw from the UK market this week, albeit temporarily (see previous report). A company statement Friday explains that with a new NFL season imminent, it has …
A Hong Kong-based businessman associated with the Goldenway Group, Tong Hao, has reportedly been investing heavily in Amaya shares, most recently with a buy of 4.2 million shares this week and previous buys last week of 279,200 shares for Cdn$ 6.24 million and 500,000 shares for Cdn$11.12 million. Earlier this month in separate transactions Hao …
It appears from a report in the satirical publication Private Eye that all is not well with the online bookmaking venture Sunbets, a jv between Aussie gambling group Tabcorp and Britain’s News UK in the Rupert Murdock stable of media investments. The publication reports friction between the Australian and British management teams, and quotes from …
National Bureau of Investigation officers swoop on a house in Mandaue City to find evidence of illegal online gambling. Acting on a search warrant granted by Judge Ricky Jones Macabaya of the Regional Trial Court in Cebu City, a raiding party from the National Bureau of Investigation swooped on a house in Mandaue City on …
Players in the dark on future daily fantasy sport activities in the UK after FanDuel reveals it will not be offering its services this football season. Almost a full year after launching in the UK last August, daily fantasy sports market leader FanDuel appears to be withdrawing from the market…it is not clear whether on …
Isle of man-based but Asian-facing sports betting operator 12BET has announced that it is the official sponsorship partner of the Badminton World Federation (BWF) 2017 World Championships, which this year take place in Glasgow, Scotland between 21 -.27 August. The championships are professional badminton’s most prestigious event, attracting leading players from around the world to …
The unregulated nature of the market, changes at Bitcoin and recent hacks on Initial Coin Offerings by cyber-currency start-ups (see previous reports) have not deterred investors from taking up tokens offered by Monster Byte Inc., which lists among its ambitions an intention to become a leading b2c and b2b operator and provider of turnkey online …
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 …
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 …
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 …
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. …
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, …
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 …
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 …
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 …
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 …
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.
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 …
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 …
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 …
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 …