Gambling news - page 498

IGT in cross-licensing deal with Aruze Gaming

5 Apr 2017

International Game Technology (IGT) has signed a cross-licensing agreement with Aruze Gaming in which the entertainment company can develop and offer games integrated with patented IGT game features under a licensing fee arrangement. “This cross-licensing agreement with Aruze Gaming continues IGT’s positive momentum toward investing in the growth of the gaming industry while protecting our …

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Bet365’s commitment to security recognised with iso/iec 27001:2013 certification

5 Apr 2017

The UK headquartered online gambling giant bet365 has become the first enterprise to be certified by the accredited testing laboratory eCOGRA for compliance with the important International Standards Organisation ISO/IEC 27001:2013 certification for Information Security Management Systems. The internet gambling group is one of the world’s largest and most respected such businesses, with geographically dispersed …

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Minnesota land casino operator launches online social casino

5 Apr 2017

The Prairie Island Indian Community, a federally-recognised Indian Tribe that operates the Treasure Island land casino in Minnesota, has launched playTIcasino, an online, free-to-play social casino powered by Novomatic subsidiary Greentube. Shelley Buck, the president of the Prairie Island Tribal Council, said in a press statement Tuesday: “We looked to Greentube to create a branded …

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Canadian investors bid for Indian online rummy enterprise

5 Apr 2017

A consortium of foreign investor funds led by Canada’s private equity fund Clairvest has made an offer of Cdn$ 100 million in a bid to acquire an 85 percent stake in Head Infotech, the owners of the Indian online rummy enterprise Ace2Three. The publication GLaws reports that the same consortium is also interested in buying …

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eSports betting case thrown out by Washington district court

5 Apr 2017

In November last year a group of US teenagers (or their parents) launched litigation against the Valve Corporation, which developed the popular Counter Strike Global Offensive video game used extensively in eSports contests. The litigants claimed that Valve’s Steam Marketplace and CS:GO supported illegal gambling by allowing Americans to link their accounts to third-party websites …

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Luck of the draw

5 Apr 2017

Tough luck story of the week has to be the still-anonymous Irish lottery punter who lost out on a Euro 68,205,610 jackpot win in Tuesday night’s Euromillions draw….by a single digit. The Irish media Wednesday morning revealed that there were no winners for the jackpot, but that four players, including an Irish player, came incredibly …

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NetEnt’s next slot may be the cat’s whiskers

4 Apr 2017

NetEnt has released a preview vid and some tantalisingly brief details on its next online slot, which it says is due for release May 23. Titled Copy Cat, the game is a 5-reel, 3-row, 25-line (fixed) video slot featuring Free Spins, Bonus symbols, Wild substitutions, Stacked symbols, Stacked Wilds and a special Copy Cats feature. …

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UK’s independent online lottery has big plans

4 Apr 2017

The UK’s independent online lottery Lottoland took a break from scrapping with national lottery operator Camelot this week to launch a new product titled WorldMillions, promising that the new service will offer “the largest guaranteed prize in the world”. WorldMillions will be drawn on Thursdays with a fixed jackpot of GBP 50 million, and again …

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Bwin bucking the exit trend in Poland?

4 Apr 2017

GVC Holdings online gambling subsidiary Bwin appears to be bucking the trend in Poland, reportedly applying for licensing whilst rivals are busy withdrawing from the market as a result of punitive taxation and a regulatory regime that favours local companies. The new regime came into force at the beginning of this (April) month in the …

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Japan acknowledges Bitcoin as a ‘property of value’

4 Apr 2017

Proponents of the dominant cyber currency Bitcoin, used by a growing number of online gambling operators as a legitimate and anonymous currency, were encouraged this week by the news that recent amendments to the Japanese banking regulations recognise the cyber currency as ‘property of value’. Whilst that stops short of full recognition, it remains an …

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New streaming platform for Ladbrokes Coral

4 Apr 2017

Irish technology provider iGame Media has claimed a “world first” in respect of a new streaming platform it has supplied to the Ladbrokes Coral online and land gambling group which enables it to take full control of its licensed video content. The platform provides a single application program interface (API) video platform with a unified …

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Playtech subsidiary BGT extends Paddy Power SSBT deal

4 Apr 2017

Playtech’s BGT Sports subsidiary had announced the extension of its multi-year SSBT (self-service betting terminals) contract with online and land betting giant Paddy Power. A company statement Tuesday explains that the extension of the partnership reflects the on-going trend towards self-service products in-shop, with modern consumers preferring a digital experience that provides them with up-to-date …

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Microgaming releases April online gambling games

4 Apr 2017

Microgaming has unveiled its game release plans for April, revealing that a revitalised Cool Buck slot and the retro Mega Money Multiplier are on the way. Cool Buck is a classic five-reel, nine-payline slot format delivering fast-paced action and brand new features. The simple, sleek design allows the gameplay to take centre stage with a …

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Investment group reveals plans to fully own Fortuna Entertainment Group

4 Apr 2017

Penta Investments, the majority shareholder in the Central and Eastern Europe facing Fortuna Entertainment online and land gambling group, has announced plans to make a buy-out offer to minority shareholders in order to obtain full control of the group. Penta said it plans to withdraw its Fortuna shares from public trading on the Prague and …

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Evolution Gaming announces plans for a Canadian live dealer studio

4 Apr 2017

Live dealer content provider Evolution Gaming has announced its intention to open a casino production studio in Vancouver, Canada – its first major expansion outside Europe. Expected to launch before the close of 2017, the studio will be Evolution’s eighth and is the result of an agreement to provide Live Casino games and services for …

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Intralot delivers in FY 2016 results

4 Apr 2017

Gaming solutions and operations provider Intralot SA reported a pleasing full year 2016 performance, saying a series of M&A deals had greatly enhanced its business development potential. Key performance highlights for the 52-weeks, ending December 31, 2016 include: – A 7.1 percent increase in consolidated revenues amounting to Euro 1,323.6 million. – Adjusting for Eurobet’s …

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Casumo player hits it rich

4 Apr 2017

A 28-year-old Swede hit it rich last week winning NetEnt’s Mega Fortune mega jackpot for Euro 3,317,639.08 on a Euro 2.50 spin. This jackpot is the second biggest win ever recorded at Casumo online casino, only superseded by Casumo customer David from Sweden who won Euro 2,971,469.79 around nine months ago.

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Nolimit City content for EveryMatrix platform

4 Apr 2017

EveryMatrix will integrate a portfolio of Nolimit City games following the signing of a content supply deal with the Stockholm-based developer. Oktoberfest, Creepy Carnival and Space Arcade are a few HTML5-built titles EveryMatrix operator partners will gain access to. “EveryMatrix has a roster of partners in several key markets for us, so we are thrilled …

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GAN lauds strong progression

4 Apr 2017

B2B internet gaming provider GAN (formerly GameAccount Network) has reported “strong momentum” in its most recent quarterly update. Key highlights for the first Quarter 2017 include: – A 9.3 percent Quarter-on-Quarter growth in Active Player-Days to 2,226,482 Active Player-Days. – Average revenue per daily active user increased 3.7 percent to $7.69. – Strong growth momentum …

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Kambi shines in full year results

4 Apr 2017

B2B supplier of managed sports betting, Kambi Group, reported strong full year 2016 results, saying its operators had outperformed the market and increase their turnover by 36 percent. The group reported a 17 percent rise in revenue to Euro 56 million, EBITDA and operating profit of Euro 15.6 million (2015: Euro 13.6 million) and Euro …

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Cherry strengthens exec team

3 Apr 2017

Cherry AB has announced the appointment of Christine Rankin as chief financial officer for Cherry AB (publ) with immediate effect. In addition, Carolina Haglund Strömlid has been appointed Head of Investor Relations and Communication for Cherry AB (publ). Rankin most recently working at Nasdaq, prior to which she was VP Finance at Serneke Group AB, …

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NYX Gaming group partners Nederlandse Staatsloterij

3 Apr 2017

NYX Gaming Group has strengthened its position in the Dutch market with a long-term partnership as the new platform provider for the Nederlandse Loterij. The recently-formed Dutch national lottery, a result of the merger between De Lotto and Nederlandse Staatsloterij in 2016, will utilize NYX’s OPS platform which will act as the player management system …

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Energybet take on Leap Gaming solution

3 Apr 2017

Sports betting operator EnergyBet has boosted its offer with virtual sports betting in partnership with Leap Gaming. Customers will be offered wider choice in betting on virtual tennis, horse racing, dog racing, speedway, trotting and velodrome cycling within the next few weeks.

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Breakout Gaming opt for BetConstruct sportsbook

3 Apr 2017

Sportsbetting solutions provider BetConstruct will provide a white label sports betting service for Breakout Gaming as the operator seeks to expand its existing offer. BetConstruct’s white label sportsbook will provide customers around 30,000 live matches every month, with 40,000 pre-match events and 140 sports disciplines. “We are very excited about the new Breakout Gaming site …

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