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 …
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 …
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” …
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 …
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 …
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 …
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 …
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. …
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, …
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 …
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 …
The Chinese government’s tightened controls on capital as it struggles with a sluggish economy will likely impact nations, especially emerging economies, and companies outside the massive country, according to a report by risk consultants Steve Vickers & Associates. The report reveals that the authorities’ grip on the deployment of capital saw outgoing investment slowing in …
The recent launch of the GAN-powered TEN social casino website has renewed speculation that Florida property development mogul Glenn Straub – the businessman who bought the failed Revel Casino in Atlantic City for a relative song several years ago – may have wider online gambling ambitions. TEN already holds a New Jersey Division of Gaming …
Irish punters and operators alike were given a reminder Monday that gambling debts are unenforceable in the Republic when Judge Francis Comerford confirmed the fact, citing the 1956 Gaming and Lotteries Act, which asserts that “every contract by way of gaming or wagering is void.” The judge threw out a complaint by a punter that …
Kelly Mathis, a Florida lawyer charged with heading a $300 million nation-wide gambling ring titled Allied Veterans of the World back in 2013 (see previous reports) is now free of the matter following a decision by the state Attorney General to abandon further litigation. Originally convicted of 103 counts of racketeering, possessing slot machines and …
Online gambling software and games provider NetEnt has launched its new Jungle Spirit: Call of the Wild game, a 243-bet way, 5-reel, 3-row video slot that features free spins, a symbol expansion feature, and a new Butterfly Boost feature. The Butterfly Boost feature is activated randomly in the main game during a win situation, when …
Online sportsbook supplier NYX Gaming Group has revealed that during the recent Cheltenham horse racing festival its Openbet platform handled 227.16 million account transactions, including 35.64 million sports bets, an increase of 4.5 million, or 13 percent, on 2016. This year’s event was the most mobile-centric yet, with 76 percent of all bets placed through …
Cyprus regulator the National Betting Authority (NBA) has issued two more online sports betting licenses, awarding them to Betfair in the Paddy Power Betfair group and Meridian Gaming (CY) Ltd, a local company that operates Meridianbet.com.cy. The latest licenses make a total of five full permits issued by the regulator; the others are held by …
The Gaming Standards Association (GSA) Europe has welcomed Microgaming Software Systems Limited as a Platinum member. Our readers will recall GSA created GSA Europe as a new division in January 2017 to focus on serving the regional needs of suppliers, manufacturers, online and land-based operators, and regulators outside of North America. Based in the Isle of …
EveryMatrix has opened a new office in Gibraltar to service the industry and operators in the established jurisdiction. The small office is primarily commercially focused, the company said.
Booming Games’“Monster Munchies” slot has launched with hungry monsters who come out at night once the chefs have gone home theming the new 5-reel, 25-payline video slot. The game offers 3D graphics and amusing animations along with Booming Games’ first double symbols. These symbols have a corresponding single symbol with which they can match, but …
Paddy Power Betfair (PPB) is at it again as its latest publicity stunt seeks to employ a “Head of Trump Betting” cashing in on the ongoing controversy surrounding newly elected US President, Donald J. Trump. The position is a three month contract in which the candidate must manage the company’s “newly launched hub of specials …
A lucky English man has won GBP 235,000 after striking the Mega jackpot on NetEnt’s Divine Fortune slot. The NextCasino customer identified as “James” won the jackpot on a GBP 1.40 wager on March 12, 2017.
Nevada sportsbook operator, William Hill US, reported a record-breaking first four days of March Madness with cumulative handle taken at its 108 Nevada sports books and on the mobile sports app surpassing a record last year by 30 percent. For reference, the cumulative handle on the College Basketball Championship Tournament for the first three days …