Illinois lawmakers have introduced three proposals in the legislature during the current Spring legislative session which closes this week. One of the measures, Senate Bill 0208, sponsored by Senator Kwame Raoul D-Chicago, was advanced by the Illinois Senate Gaming Committeeearlier this week in the dying days of the current session, the bill authorizes daily fantasy …
Churchill Downs Incorporated (CDI) will relocate its online wagering operation TwinSpires.com from California to Louisville, the company said Tuesday. TwinSpires is the official mobile betting partner of Churchill Downs Race Track, the Kentucky Derby and Breeders Cup. Its platform offers wagering on Thoroughbred, Harness and Quarter Horse races. “Technology, specifically mobile, is the equine industry’s …
219 Members of the Philippine House of Representatives have strengthened Anti-Money Laundering measures (AML) with an overwhelming approval on the third and final reading of House Bill 5663 bringing casinos, ship-based and internet, and junket operators under existing AML Law. In addition, HB 5663 amends the amount of “covered transaction” to include casino financial transactions, …
According to the Gambian press, President Adam Barrow has lifted a presidential decree banning gambling in the West African country. Gambling, considered by former President Yahya Jammeh as ‘unethical and exploitative, was suddenly banned by Presidential decree in March 2015. The decree covered all forms of gambling including casinos, gaming centers and lotteries which were …
Online gambling operator 12BET has been named title sponsor of the 2017 World Cup of Pool taking place June 13 to June 18 at the York Hall, London. The event will be broadcast live by Sky Sports in the UK and will be made available live in over 100 countries around the world. “We are …
Nevada Governor Brian Sandoval approved Senate Bill 240 Tuesday green-lighting pari-mutuel betting on eSports and other events such as award ceremonies. The bill, sponsored by Senator Becky Harris, clarifies the definition of “other events” in Sections 3-7 of existing law governing pari-mutuel wagering on a race or sporting event apply to pari-mutuel wagering on other …
Sun Bingo’s latest publicity drive will see the company attempt to beat the existing Guiness Book of World Records’ largest set of bingo balls and the largest bingo card. The attempt will be made on June 3, 2017 at the Blackpool Tower, a tourist attraction in Lancashire, England, which was opened to the public on …
NYX Gaming Group, in its first quarter report for the period ending March 31, 2017, delivered with revenues soaring almost 200 percent which it attributes to a number of factors including the results of operations from OpenBet and Betdigital, increased gaming revenues from existing customers, and new customer launches. First Quarter 2017 Highlights include: Revenue …
The Law Commission of India (LCI) is inviting views and participation from stakeholders in terms of legalising gambling and betting in the country. Mandated by the Supreme Court, the LCI has undertaken a study on the issue saying the country’s Law and illegal-gambling stance have not acted as a deterrent to punters but forced the …
China-based online sports lottery service provider 500.com has agreed its second acquisition in as many weeks. The company has entered into a share purchase agreement for 40.65 percent in Hong-Kong Stock Exchange listed MelcoLot Limited (MelcoLot) for a total consideration of approximately HK$322.2 million (US$41.3 million), equivalent to approximately HK$0.252 per Sale Share. Closing of …
Kenyan Parliamentarians reversed a decision Tuesday, that would have raised betting taxes to a punitive 50 percent. The decision approved late last week was revisited after majority leader of the National Assembly of Kenya, Aden Duale, invoked provisions of Standing Orders to return four sections of the Finance Bill, 2017 back to Parliament for a …
The Purple Lounge debacle has raised its head again, this time customers who allege they are owed “millions of pounds” and were the victims of regulatory failings have begun a fund raising initiative on crowdfunding platform crowdjustice.com to fund a class suit against the former directors and owners of Purple Lounge parent company, Media Corporation …
May has been a busy month for Olympic Entertainment Group (OEG) as it undergoes an extensive business restructure. The company liquidated its Belarusian subsidiary Olympic Casino Bel IP and demerged its Lithuanian subsidiary UAB Orakulas into two entities, Orakulas and UAB Orakulas Services. The split separates OEG’s online technology platform and trading and risk management …
B2B software supplier, GAN (Formerly GameAccount Network), has reported gains in net revenue of 30 percent but losses persist the company showed in its 2016 Fiscal report for the twelve months ending December 31, 2016. Key performance metrics for the period include: – Net Revenue of GBP 7.8 million (2015: GBP 6.0 million) an increase …
Swedish slots supplier Play’n GO has licensed its content to gaming system developer Multiloteri as an exclusive solution on Multiloteri’s MLT one™ system, which allows players to game in licensed venues from a tablet, linked to a base terminal. Multiloteri’s MLT one™ system will integrate a range of Play’n GO’s HTML5-built gaming titles, including Energoonz, …
GVC Holdings brands bwin, party casino, party poker and Sportingbet, among others, will go live with Red Tiger Gaming titles following the signing of a content supply deal this week. Part of the deal includes the integration of Red Tiger Gaming’s Smart Spins promotional tools delivered to players through in-game dialogue. “We are extremely confident …
CIS-facing gaming operator EscapeBET has partnered Habanero Gaming for the integration of a suite of its slot and table games. Habanero considers the deal significant as it expands its content and boosts its visibility in the Commonwealth of Independent States (CIS) comprising former Soviet Republics: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and …
All conditions relating to OpCapita’s GBP 83 million acquisition of Sportech PLC’s The Football Pools business have been met with the award of a gambling license from the UK Gambling Commission. Following this development, Sportech PLC said it expects the completion of the transaction before the end of June 2017. “This is a significant step …
The Esports Integrity Coalition (ESIC) and the UK Gambling Commission (UKGC) will collaborate following the signing of a Memorandum of Understanding (MoU) covering the detection and reporting of betting anomalies in the ever-popular and growing eSports sector. The ESIC will work together with the UK Gambling Commission’s Sports Betting Intelligence Unit (SBIU) in identifying potential …
Quickspin’s latest release is a 5-reel, 25-payline videoslot based on the classic fairytale, Goldilocks and the Three Bears. The new videoslot, “Goldilocks” offers Wilds and Multiplier Wilds, the latter adds a multiplier to the total win, and also acts as a Wild symbol. Three Multiplier Wilds will award a 4x multiplier. Landing three Goldilocks Scatter …
Considered a key judgment, the British Court of Appeal has upheld a lower court’s ruling that the UK Gambling Commission is entitled to refuse operating licenses to applicants, regardless of their suitability, if it deemed the operation would be inconsistent with the licensing objectives. The ruling refers to retailer and brewer Greene King who applied …
Vietnamese authorities have smashed an online football gambling ring in Thanh Hóa Province, arresting ten suspects and seizing two vehicles, 2 laptops, sixteen mobile phones, VNĐ461 million (US$20,400) and other gambling related documentation. According to a Police statement, the illegal gambling operation had taken VNĐ1.4 trillion ($62.2 million) in wagers since the beginning of this …
A proposal to raise online betting taxes seven-fold will go under review in the Kenyan Parliament this week. Our readers will recall a proposal announced by Kenyan Finance Minister Henry Rotich last month increased the existing 7.5 percent betting tax on gross profit to a punitive 50 percent. The proposal received widespread backlash from industry stakeholders …
The Gibraltar Government, reacting to speculation on the reasons for Paddy Power Betfair’s (PPB) relocation of its office from the Rock (see previous report), said it would adapt to ensure its leading position as an iGaming jurisdiction amid conjecture that the bookmaker’s move was fueled by Britain’s impending exit from the European Union (BREXIT). PPB …