Gambling news - page 501

IWG clinch deal with Nektan

22 Mar 2017

Instant win games provider, IWG, has clinched a deal with Nektan for the provision of its entire portfolio of instant win online games. The deal is IWG’s third RGS integration this year and represents Nektan’s first instant win games offer. “Instant win games are rapidly growing in popularity across the entire online gaming industry, as …

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Amaya report strong full year 2016 results

22 Mar 2017

Amaya Inc. reported a robust set of full year 2016 results, saying its online casino business exceeded expectations and changes to its poker ecosystem and a focus on customer acquisition had begun to reverse certain negative trends. Key performance indicators for the twelve month period ending December 31, 2016 include: – Total revenue of $1,155,892,000 …

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Adelson among the world’s wealthiest

22 Mar 2017

The Forbes annual list of the world’s wealthiest people released this week shows that arch-online gambling foe Sheldon Adelson remains in the top twenty, positioned at number 20 with a fortune of $30.4 billion. In gambling industry terms, it appears that Adelson rules the roost as the richest of the rich. The Forbes list of …

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PAGCOR set to issue more POGO licenses?

22 Mar 2017

The chief executive of the Philippines Gaming and Amusement Corp, Andrea Domingo, told delegates at the ASEAN conference this week that the regulator is planning to expand its offshore online gambling licensing program. Domingo explained that the Philippine Offshore Gaming Operators (Pogo) licenses had initially been restricted whilst Pagcor assessed its capability to handle the …

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Japanese government gearing up for gambling

22 Mar 2017

Last year’s surprise approval by Japanese lawmakers of legislation permitting the introduction of land casino gambling across the nation (see previous reports) has been followed by the launch of a Cabinet office branch tasked with the implementation of the decision by the Diet (parliament). Addressing the ASEAN Gaming Summit in Malta this week, PwC Japan …

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Ask Gamblers releases player complaints stats

22 Mar 2017

The online gambling information site Ask Gamblers.com has released statistics on its player dispute service, advising that in 2016 5,268 complaints were lodged by 3,800 players. The complaints involved 613 different online casinos, and of the total complaints lodged Ask Gamblers accepted 2,300 for investigation and mediation. 70 percent of these cases were resolved within …

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Mybet live on new online gaming platform

22 Mar 2017

Berlin-headquartered online casino and sports betting operator mybet Group went live on a new sports betting and casino platform developed by Amelco, Tuesday. The new platform provides a significant expansion in the operator’s sports betting and casino offer, mobile functionality for the first time, a new visual design and a new technical infrastructure forms a …

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188bet to end online bingo offer

22 Mar 2017

In a customer advisory, online gaming operator 188Bet has reportedly advised it will close its online bingo offer on March 23, 2017 but is working on a replacement service which it hopes to introduce in the near future. In the meantime, online bingo customer funds will be moved to their main accounts, 188Bet said. Reasons …

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EGT Interactive in content supply deal with OEG

22 Mar 2017

Bulgarian online gambling software and solutions provider EGT Interactive has signed a content supply deal with Olympic Entertainment Group(OEG) in which a suite of its land based, adapted for online, games will feature on OEG’s interactive platform olybet.com across the operator’s online estate in Estonia, Latvia and Lithuania. The omni-channel content will cater to desktop, …

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Codere chooses Evolution Gaming for Mexican market

22 Mar 2017

Spanish gaming operator Codere has chosen Evolution Gaming as its exclusive Live Casino provider for Mexico. The deal marks Evolution’s entry into the Mexican market, where Codere is already the largest operator of gaming halls and, since February 1, offers online gaming through the website www.coo online players on desktop, tablet and smartphone. “Evolution ́s …

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Caleta Gaming and Betfred partner in social gaming venture

22 Mar 2017

UK betting group Betfred has launched a new online social gaming casino app dubbed Betfred Social in partnership with social casino developer Caleta Gaming. Betfred Social offers engaging and fun content which allows players to collect hourly and daily bonus coins to play with. Players can also make in-app purchases for more coins as well …

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More details on costa online gambling legalisation bill in Pennsylvania

22 Mar 2017

Earlier this year Pennsylvania Senate Minority Leader Jay Costa flagged his intention to introduce an online gambling and gaming reform bill (see previous  report) and this week made good on his word with the introduction of SB524. Senators Wayne Fontana, Vincent Hughes and Judy Schwank have signed up in support for the bill, which mirrors …

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UK bookmakers advised to “brace yourselves”

22 Mar 2017

British MP John Whittingdale, who formally held responsibility for gambling in the UK government, warned UK bookmakers to brace themselves for some bad news on FOBTs Tuesday whilst addressing the Association of British Bookmakers’ annual meeting in London. The MP said that it is likely that “significant” changes will soon be announced regarding the controversial …

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Strong 2016 for 888 Holdings

21 Mar 2017

In audited annual financial results for the year ended December 31, 2016, 888 delivered a robust performance with a 13 percent rise in revenue driven by an increase in mobile. Key financial highlights for the period include: – Revenue up 13 percent to US$520.8 million (2015: US$462.1 million); on a constant currency basis* revenue increased …

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Microgaming’s Mega Moolah jackpot pays out

21 Mar 2017

Microgaming’s Mega Moolah progressive jackpot has paid out Euro 6.6 million to a Zodiac Casino customer who played the game through the mobile channel. The lucky winner will receive the prize as a lump sum, as is the case with all Microgaming prize payouts. “Mega Moolah has consistently made the headlines since launching over ten …

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StakeLogic Darts Heroes launch with Kindred Group

21 Mar 2017

StakeLogic B.V, a wholly owned subsidiary of Greentube and part of NOVOMATIC Interactive, has launched its new “Darts Heroes” 3D slot title with Kindred Group (formerly Unibet). The game’s theme is centered around “super heroes”, world-class darts players Michael van Green aka “Mighty Mike”, Gary Anderson aka “The Flying Scotsman”, Raymond van Barneveld aka “Barney” …

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Indonesian online gambling bust

21 Mar 2017

Authorities in the Indonesian province of Papua have arrested three alleged online gambling operators of an unidentified website, reportedly rooted in Germany. The operation had been launched in January 2017 from a shop-house in Timika and generated turnover of between Rp 600 million (US$45,038.34) and Rp 700 million per day, according to the suspects. Authorities …

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Korotki wins second WSOP ring in Atlantic City

21 Mar 2017

Abraham Korotki clinched his second World Series of Poker (WSOP) ring after winning the Harrah’s Atlantic City Circuit Stop main event, this week. Korotki bested a field of 341 to win the $1,675 No-Limit Hold’em Main Event for $117,645. His first win in 2006, which also took place at an Atlantic City stop, saw him …

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EnergyBet withdraws from Polish market

21 Mar 2017

EnergyBet has issued a statement detailing the reasons behind its impending withdrawal from the Polish market. The operator said the new, highly restrictive and hostile regulatory environment has made continued operations unviable. Accounts for all Polish residents will be closed on April 1, 2017. Any balances will be returned and bets placed before the cut-off …

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123Gaming launch million pound crowd funding campaign

21 Mar 2017

UK-based technology firm 123Gaming has launched a GBP 1 million funding round on equity crowdfunding platform, Seedrs, to upgrade its horse race betting platform in the US and fund further online expansion with the intended launch of a UK online horse racing contest and wagering site mid-2017. The UK-registered company, which is licensed to accept …

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Kiron Interactive seals virtuals deal with IVISA

21 Mar 2017

Kiron Interactive has extended its operations in South America after agreeing a six-year deal with Argentina-licensed lottery and gaming solutions provider, Impresora Internacional de Valores S.A. (IVISA). Under the terms of the deal, Kiron will offer it’s customisable BetMan Online RGS to IVISA offering virtual sports such as horse racing, greyhound racing and motor racing. …

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NYX Gaming group report record breaking Cheltenham

21 Mar 2017

NYX Gaming Group, through its subsidiary Openbet, has revealed a 36 percent increase in peak bets per minute at a record-breaking Cheltenham Horseracing Festival, 76 percent of which were placed via the mobile channel. The company handled 227.16 million account transactions at the Cheltenham Festival via its OpenBet platform, its most successful ever. NYX CEO, …

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Australian senate passes controversial interactive gambling amendment bill

21 Mar 2017

The Australian federal Senate acted Tuesday to close loopholes in 2001 online gambling prohibition laws by passing the much debated Interactive Gambling Amendment Bill 2016, reports the Huffington Post. The amendment bill, which closes online poker and in-play betting loopholes in the original act, follows extensive government reviews in the past that recommended the legalisation …

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Russian Duma approves levy on bookmaking firms

21 Mar 2017

The hammer has finally fallen on bookmakers operating in Russia, who have been warned that a new levy is about to impact their operating costs; on Monday the Russian Duma (parliament) approved legislation imposing a sports development levy of 5 percent of revenue on such companies, payable quarterly and with a stipulation that deductions should …

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