Gambling news - page 484

Sportpesa unveils biggest winner in Kenyan gambling history

2 May 2017

Kenya-focused sports betting operator SportPesa has unveiled the winner of a whopping Sh 221,331,602 (GBP 1,658,934) jackpot, the biggest in the country’s gambling history. 28-year-old Samuel Abisai was driven from his home in a stretch limousine to a red-carpet event, hosted by SportPesa, in celebration of his windfall after he correctly predicted 17 Mega Jackpot …

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Robust results from Bet-At-Home’s first quarter

2 May 2017

bet-at-home AG has reported encouraging results for its first quarter of 2017. Key performance indictors for the 12-week period ending March 31, 2017 include: – Gross betting and gaming revenue up 23.0 percent y-o-y to Euro 37.2 million – Total betting and gaming volume rose 29.7 percent y-o-y to reach Euro 841.4 million. – Betting …

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BGO slapped with GBP 300,000 fine

2 May 2017

The UK Gambling Commission (UKGC) has imposed its first ever financial penalty on a licensee regarding advertising failings. BGO Entertainment Ltd (BGO) received a GBP 300,000 fine for breaching the Licence Conditions and Codes of Practice (LCCP) with misleading advertising on its own and affiliates websites, the UKGC informed. “We want to make sure that …

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Amaya whittles away deferred purchase price for Rational Group

2 May 2017

Amaya Inc. has paid an additional $75 million on its outstanding deferred purchase price for the Rational Group, acquired in August 2014. The company paid $200 million in November 2016, a further $75 million in February 2017, which together with this $75 million payment, leaves an outstanding obligation of $47.5 million.

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Rational Group take on IGT content

2 May 2017

Amaya Inc.’s Rational Group, parent company of Pokerstars, has entered into a content distribution deal with International Game Technology(IGT). Under the terms of the agreement, IGT game content will be deployed via IGT’s Remote Game Server (RGS), to offer Pokerstars players an additional range of over 100 games including popular titles Cleopatra, Golden Goddess and …

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NextGen introduce ARC

2 May 2017

NYX Gaming Group subsidiary, NextGen Gaming (NextGen), has launched new, proprietary technology promising enhanced speed to market for third-party content delivery. The new ARC interface takes NextGen’s proprietary Game Development Module (GDM) to “the next level,” a company press statement reads. “With the advent of ARC, external developers can now interface intimately with GDM to …

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NSoft enter Peru with InkaBet

2 May 2017

Software developer NSoft has launched its draw-based Lucky Six game in the Peruvian market for the first time with InkaBet. Lucky Six was deployed by NSoft, in widget form, via its Seven Web platform to the Peruvian sports betting operator.

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Multilotto select Microgaming content

2 May 2017

Online lottery betting operator Multilotto has boosted its online casino offer with Microgaming content, following an integration with the Quickfireplatform. Multilotto has gained access to over 600 casino games, including branded content, as well as Microgaming’s progressive jackpot network, which has paid out over Euro 716 million to date. “We’re very pleased to be able …

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GIG hails record first quarter results

2 May 2017

OSX-listed Gaming Innovation Group (GIG) has reported strong progress with revenues up 193 percent year-on-year in its first quarter 2017 report. Increased investment in marketing, however, while driving expansion, has negatively affected EBITDA margins. Key performance indicators for the 12-week period ending March 31 2017, include: – Operating revenues of Euro 23.1 million, up 7 …

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Crownbet clinch Rugby League World Cup partnership

2 May 2017

Crownbet has been named official wagering partner of the Rugby League World Cup 2017 (RLWC17) receiving extensive integration and branding opportunities via the tournament’s digital and social media channels as well as across several other RLWC assets. In addition, CrownBet and the RLWC2017, which will be co-hosted by Australia and New Zealand, will collaborate on …

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Magnet Gaming’s fishy offer

2 May 2017

Magnet Gaming’s latest online slot release is an under water-themed, 9-reel, 8-payline game offering two progressive jackpots and three bonus games: Algae Attack, Bubble Buster and Feeding Frenzy. Check out the demo here: https://www.magnetgaming.com/games/fish-tank/

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Minton debunks Adelson lobbyist claims on Wire Act

2 May 2017

Earlier this week the Washington Examiner published an op-ed written by Sheldon Adelson lobbyist Jon Bruning which attacked the key Department of Justice Office of Legal Counsel opinion in 2011 that the 1961 Wire Act applies only to sports betting, claiming that the move was a reinterpretation of the Act and demanding that the Trump …

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NetEnt all set to split shares

2 May 2017

Following a decision at the Netent Annual General Meeting on April 21, 2017, an automatic redemption program is taking place in NetEnt AB, a press release from the online gambling software company advised Tuesday. Each NetEnt share will be split into two new shares, one of which will be a redemption share. Each redemption share …

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Empirical evidence shows online gambling has been good for New Jersey

2 May 2017

New Jersey has enjoyed a windfall of new tax revenue, Atlantic City has been revitalised, and the state regulatory system has been proven a success since the Garden State legalised and regulated online gambling in 2013, says a new eight page report entitled “Regulated Online Gambling: Building A Stronger New Jersey” prepared for NJOnlineCasinos by …

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Two new Microgaming slots on the way

1 May 2017

Online gambling games and software provider Microgaming has two more new slots lined up for an apparently insatiable market, publishing videos on titles Goldwyn’s Fairies and Beautiful Bones. The two games are similarly rich-featured with an abundance of rewarding possibilities, but have very disparate background themes carried by sharp graphics and sound effects. Goldwyn’s Fairies …

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Game developer, casino operator and live internet streamer work together on new gambling concept

1 May 2017

Mobile online casino operator LeoVegas is teaming up with Big Time Gaming and rising internet streamer LetsGiveItASpin to deliver what the partnership hopes will be game-changing betting events for live casino streamers. Live online casino streaming is a relatively new but fast growing concept popular with many online punters, who follow self-made streamer stars as …

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Codeta online casino boosts live dealer offering

1 May 2017

Live dealer casino pioneer Codeta.com has boosted its product portfolio with games from LuckyStreak and BetGames, providing its players with access LuckyStreak’s live roulette, blackjack and baccarat games, featuring innovative gamification and statistics tools, as well as the supplier’s suite of proprietary RNG and slots. The operator has also added seven new live games from …

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Macau reports 16.3 percent revenue growth in April

1 May 2017

Macau’s recovery, now believed by many analysts as firmly established, continued in April with revenues improving year-on-year by 16.3 percent to 20.2 billion patacas ($2.52 billion) according to official government statistics. Analysts had predicted a bracket between 13 and 17 percent positive, expecting that new resorts would draw high rollers and casual gamblers to the …

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Ace2Three under new ownership

1 May 2017

Canadian private equity firm Clairvest has announced that it has acquired a controlling stake in Head Infotech, the parent company of popular Indian online rummy website Ace2Three, in a move that should boost international expansion plans. The controlling stake cost Clairvest and its unidentified partners the equivalent of US$73.8 million, with US$40 million coming from …

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Amaya reportedly seeking an M&A executive

1 May 2017

Media reports over the Bank Holiday weekend have suggested that Pokerstars parent group Amaya is on the hunt for a mergers and acquisitions executive. Some reports suggest that the company is currently talking to William Hill strategy and corporate development director Robin Chhabra, with whom the Canadian company presumably came into contact during the aborted …

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PAGCOR lays down requirements for support centres

1 May 2017

The Philippine Amusement and Gaming Corporation (PAGCOR) has published new regulations governing the conduct and operation of Business Process Outsourcing (BPO) enterprises, which is bureaucratese for support organisations like customer service centres working for online gambling companies. The regulations place strict emphasis on a requirement that BPOs do not in any way offer gambling per …

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Iowa daily fantasy bill fails

30 Apr 2017

Iowa Rep. Matt Windschitl’s DFS legalisation bill H52 – and for that matter a companion bill SSB1183 in the state Senate – have failed to advance in time to escape the state legislature’s session adjournment and will be back to square one in the next season. Hopes were high for H52, was approved by the …

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Leicester punter scores GBP 823,000 on a GBP 19 bet

30 Apr 2017

Coral online betting has reported its biggest yet horse racing pay-out…a GBP 823,000 reward to an anonymous Leicester-based punter who staked just GBP 19. The lucky winner described his jackpot win as “the realisation of a lifetime dream,” revealing that he placed a GBP 19 accumulator bet on five horses running at Punchestown on Friday …

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Polish bookie finalises acquisition of lottery software developer

29 Apr 2017

Polish bookmaker STS has announced that it has finalised its acquisition of a controlling interest in betting and lottery software developer Greep in the Czech Republic, becoming a co-owner of the Betsys company in the process. Greep’ has 48 employees and services other operators in Poland, such as Sazka; the developer reported revenues of PLN7.7 …

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