Gambling news - page 489

Free sports betting newspaper launched in Kenya

21 Apr 2017

Providing a little relief from the recent negative headlines occasioned by Kenya’s proposed ridiculously high gambling tax rates, a local entrepreneur has launched a free sports betting newspaper across mobile, tablet and PC channels titled The Jackpot Daily. The online publication offers the latest local and international sports news, match analysis, expert betting tips and …

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Betreels expands exits to the Netherlands

21 Apr 2017

Betreels, an online casino operator that recently announced its planned withdrawal from the Australian market next month (see previous  report) has advised affiliates that it also intends to exit the Dutch market. In its communication, the operator explained that the Gibraltar gaming regulator has indicated that its licensees are no longer going to be allowed …

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Sportstech chairman to retire next month

21 Apr 2017

UK betting company Sportech plc announced Friday that chairman Roger Withers is to retire next month, and will be replaced by current non-executive director Richard McGuire. Ian Penrose, Sportech’s chief executive said in a company statement Friday: “I would like to take this opportunity to thank Roger Withers for his tremendous contribution to Sportech over …

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Russian ban on VPNs possible

21 Apr 2017

The provision and use of virtual private networks is at present not unlawful in Russia, but that could be about to change, according to local media reports…and in the meantime telecoms regulator Roskomnadzor has continued to pressure VPN service providers to do its work by restricting users from accessing its massive blacklist, which includes a …

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New Armenian gambling restrictions planned

21 Apr 2017

The Armenian Finance Ministry has secured Cabinet approval for a further tightening of regulations on all types of gambling in the form of a requirement that from June 1 operators must notify government of all wagers (including online) over the local equivalent of US$2,100. The reports, which include the amount wagered and identity details of …

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Anti-online gambling congressman to retire

21 Apr 2017

Mention the name of Utah Representative Jason Chaffetz in most online gambling circles and you will probably be met with critical comments regarding his support for Sheldon Adelson’s so far unsuccessful Restoration of America’s Wire Act. Chaffetz, a Republican politician and chair of the Congressional House Gaming Oversight Committee, has featured prominently in recent years …

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Pandas prowl in latest Lightning Box slot

20 Apr 2017

Martial arts pandas prowl the colourful oriental reels in a new 5 reel, 25 pay-line, low volatility online slot from developer Lightning Box titled Panda Pow! The panda symbol acts as a Wild and can be used to trigger a free spins bonus round — up to 20 free spins can be obtained if the …

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Luchadora – New online slot from Thunderkick

20 Apr 2017

Online gambling games developer Thunderkick has announced the impending launch (on April 26) of a new 5 reel, 30 pay-line slot with an unusual Mexican smackdown wrestling theme. Dubbed Luchadora (feisty female fighter), the game has a claimed RTP of 96.2 percent and is medium to high variance in nature. Features include Wilds, Scatters, Bonuses …

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Live dealer provider reports 60 percent rise in revenue in Q1-2017

20 Apr 2017

Reporting on its Q1-2017 results Thursday, Evolution Gaming posted a 60 percent year-on-year rise in revenues, attributing growth to higher demand for live casino and expansion into Latin America. Operating revenues during the three-month period increased to Euro 39.7 million , up from Euro 24.8 million last year, while the Swedish supplier’s EBITDA rose 65 …

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Aussies count the cost of gambling advertising ban (update)

20 Apr 2017

The conversation on federal government Communications Minister Mitch Fifield’s intention to seek Cabinet approval for a ban on gambling adverts during live sports events (see previous  reports) continued Thursday with the Australian Financial Review exploring the possible costs in lost advertising…and some parties suggesting that online media could benefit from reallocated advertising funds. The latter …

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Pennsylvanian gambling bill advances…sort of

20 Apr 2017

HB271, a Pennsylvanian House bill proposing the introduction of tablet gambling at state airports, but with plenty of room for other gambling additions, including online (see previous  report) has been approved by the state Senate’s Community Economic & Recreational Development Committee and referred to the floor for a vote on a 13 to 1 positive …

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Adelson generous in his political contributions to Republicans

20 Apr 2017

Anti-online gambling casino tycoon Sheldon Adelson is well known for the political clout he wields, courtesy of big money donations to politicians and especially the Republican Party. This week the New York Times reported on recent mandatory filings with the Federal Election Commission showing the extent of the casino multi-billionaire’s generosity, triggering speculation that his …

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Disappointing March for Delaware online gambling

20 Apr 2017

Whilst online gambling in New Jersey has gone from strength to strength, it is clear that Delaware has not followed suit despite an equal time in the market; for March the state regulator reports that online gambling revenues declined 42 percent year-on-year to a meagre $151,811 on the back of turnover of $8.03 million. That …

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More illegal Chinese nationals arrested in the Philippines

20 Apr 2017

The Bureau of Immigration in the Philippines has been active this week, arresting a total of 55 allegedly illegal Chinese immigrants engaged in illegal gambling operations in the Bataan Freeport Zone. In the latest raid, 38 Chinese nationals were detained and taken to the BI detention centre in Taguig. A BI spokesman said that their …

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Successful first quarter for NetEnt

20 Apr 2017

Online gambling software and games provider NetEnt released its Q1-2017 results Thursday, reporting the following highlights: * Revenues for the first quarter increased by 15.2 percent to SEK 398 (345) million; * Operating profit was SEK 136 (128) million, an increase of 6.3 percent; * Operating margin was 34.2 (37.1) percent; * Profit after tax …

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Major retail contract extension for Playtech and Rank Group

20 Apr 2017

The Rank Group plc, one of the UK’s most established gaming operators, has agreed a significant contract extension with Playtech plc to include the full integration of its table and slot management systems across its entire 54 land-based UK Grosvenor casino estate. The agreement further strengthens Playtech’s pioneering Playtech ONE suite of software. Today’s announcement …

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Proposal to ban gambling adverts during Australian live sports events

20 Apr 2017

Australian betting companies are anxiously awaiting the outcome of a Cabinet proposal by federal Communications Minister Mitch Fifield that a federal ban be imposed on all gambling advertising on live sports events from the start of the games to the end. The Australian publication B&T Mag quotes The Australian newspaper on the proposal, reporting that …

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Draftday to fold

20 Apr 2017

DraftDay.com – a daily fantasy sports website operated by the DraftDay Gaming Group Network, has announced that it is to discontinue the brand in 60 days’ time due to “changes in our business strategy and focus.” In a communication to players, the company indicated it was switching to a business-to-business model, advising: “We are discontinuing …

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China social platform in the spotlight for facilitating gambling

20 Apr 2017

China Daily reports that the online social platform, Xingqiu, is under suspicion for facilitating gambling. Gambling is reportedly facilitated through live video streaming guessing contests which invite players to bet using virtual currency. According to a Beijing News report, organizers deny illegal practice saying, as players do not exchange virtual currency for real money, it’s …

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Will revised offer from Pacific Consortium pique Tatts interest?

20 Apr 2017

A revised offer from The Pacific Consortium (TPC), led by private equity firm KKR, for Australian gaming and lottery giant Tatts has been placed on the table. TPC is making what has been described as “an eleventh hour bid” challenging Tatts’ previously planned merger with Tabcorp with a revised multi-billion dollar takeover offer. Our readers …

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Nolimit City in content deal with SuprNation

20 Apr 2017

Stockholm-based online casino platform and content provider, NoLimit City, has agreed a content supply deal with SuprNation’s VodooDreamsbrand. VodooDreams customers will gain access to NoLimit City’s full range of quality HTML5-built titles including Oktoberfest, Creepy Carnival, Space Arcade and new title, Kitchen Drama – Sushi Mania. “We love to work with operators whose mission is …

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Symmetry from Realistic

20 Apr 2017

Reading-based games provider Realistic is set to launch a new five-reel, ten-payline slot titled “Symmetry,” its first HTML5-only release. The slot features a tessellated tile theme and offers two bonus rounds. The higher-end Symmetry bonus is awarded when all five reels contain a stack of three matching symbols which then form a symmetrical pattern. The …

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Nektan publish encouraging trading update

20 Apr 2017

A trading update from B2B mobile gaming firm, Nektan, reports continuing improved trading in its third quarter. Key performance indicators for the three months ending 31 March 2017, include: – Net gaming revenue of GBP 3.7 million, up 63 percent year-on-year from GBP 2.2 million. – An increase of 147 percent in first time depositors …

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Betsson rises to a challenging year

20 Apr 2017

Despite a challenging year, Betsson delivered in its full Year 2016 fiscal report. Key performance markers for the twelve month period ending December 31, 2016 include: – Group revenues of SEK 4,117 million (2015: SEK 3,7220 million), up 11 percent. – A 15 percent increase in gross profit to SEK 3,078.0 million (2015: SEK 2,675 …

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