The American Gaming Association is using the growing excitement around this years’ National Collegiate Athletic Association men’s basketball tournament – better known perhaps as March Madness – to add momentum to its national campaign for the wider legalisation of sports betting in the USA. The Association pointed out Monday that the NCAA brackets this week …
DraftKings and FanDuel may be seriously negotiating a merger, but that has not stopped the two daily fantasy sports giants from continuing to compete vigorously in the market, and this week FanDuel has gone live with its rival fantasy golf product ahead of the major portion of the pro golf season. FanDuel announced the new …
Figures for February released by the New Jersey Division of Gaming Enforcement (DGE) Monday show that once again online operations made a significant contribution to land operational performances. The seven casinos and their online partners won a total of $205.4 million, an increase y-o-y of 0.3 percent in February…but stripping out the online revenues, the …
Kindred Group (formerly Unibet) reported a strong full year performance in final 2016 fiscal results, boosted by a weakened Pound Sterling against the Group’s main currencies. Strong growth across all markets with EBITDA up 57 percent and EPS up 50 percent was reported. Key performance highlights for the period include: An increase in gross winnings …
International Game Technology (IGT) was commended for its commitment to responsible gambling and player protection following receipt of the Internet Responsible Gambling Compliance Assessment Program (iCAP) Re-Certification. iCAP certification, first received by IGT in February 2016, offers assurance to operators and consumers that IGT’s business-to-consumer websites and IGT platforms offered in the business-to-business market are …
Bingo games provider Zitro Interactive has expanded its games catalogue to twenty-one games with its Beetle Bingo, Bingo Dreams, La Calaca and Purple Night titles now available via Mexico-facing operator Casino Caliente powered by Playtech. “The growth in the range of games that Zitro Interactive offers online casino operators around the world confirms our company’s …
Spanish betting operator Sportium has launched Fantasy Sportium, claiming to offer the first product of its kind in the Spanish market. “We are the only brand in Spain that currently offers a product of this type, being the pioneer in uniting sports betting with Fantasy games in a unique game concept,” said Alberto Eljarrat, chief …
Sports technology provider BetGenius has been chosen by SkyBet.it to deliver a contextual marketing push through digital partner, Sky Sport Italia, aimed at boosting customer acquisition, engagement and retention. Visitors to the Sky Sport Italia website will receive betting suggestions from SkyBet.it based on the content they are viewing on Sky Sport Italia at that …
While the Australian Competition and Consumer Commission (ACCC) continued to deliberate the wisdom and impact of a merger between Australian betting giants Tatts and Tabcorp this week, the latter company appears to have taken a new and faster approach, on Monday filing an application with the Australian Competition Tribunal (ACT) for authorisation to proceed with …
The Chinese police have reported the arrests of 96 hackers in a massive police action across 14 provinces, with spokesmen revealing that the suspects are highly educated technicians who gained access to vast amounts of private information that included account passwords and ID numbers. The police operation was mounted to combat data and private information …
Nextgen’s latest game, a multi-featured 5 reel, 25 pay-line game titled Snowflakes, is now live across a number of online and mobile gambling sites with, as the title suggests, a wintry theme and a claimed RTP of 96.57 percent. Features include Scatters, Wilds, up to 15 Free Spins, up to 100x Multipliers and two randomly …
The mystery over whether the US Attorney for the Southern District of New York, Preet Bharara, is to remain in post or go with other US Attorneys asked to resign by the Trump administration (see previous report) was resolved Saturday when Bharara tweeted that he had been fired after he failed to submit his resignation. …
US president Donald Trump’s recently appointed US Attorney General, Jeff Sessions, has followed US new administration tradition by asking 46 US Attorneys to hand in their resignations, triggering wide speculation in the industry on the possible implications and consequences of new enforcement chiefs at state level, and what their approach to gambling in general may …
Police in the Kapuk Muara district of Jakarta, capital of the Republic of Indonesia, have reported shutting down an illegal online gambling operation in a raid Friday. Spokesman Commander Rahmad Sujatmiko said that the illegal enterprise was being operated from an upmarket housing complex by Taiwanese nationals, who had been detained for further investigations. “There …
The post-results press conference following the release of Paddy Power-Betfair’s FY-2016 report recently (see previous report) revealed the interesting news that Betfair’s US operations are doing well, and that its online casino partnership with Golden Nugget in New Jersey has reached EBITDA break-even following a 39 percent rise in revenue, and will soon be profitable. …
GIG’s online marketing subsidiary Innovation Labs has announced an agreement to acquire affiliate website Casinotopsonline.com for a consideration of Euro 11.5 million – the company’s largest acquisition to date as it moves to strengthen its position in Europe. The acquisition includes the website Casinotopsonline.com and all related assets. Current yearly revenue run-rate of the acquired …
According to a Reuters news agency report Friday Austrian gaming technology giant Novomatic is mulling an IPO in London or Frankfurt, assisted by the Australian investment banking group Macquarie. The report notes that such a move could value the company at Euro 6 billion, and that banking mandates will likely be awarded later this month. …
The innovative Malta Gaming Authority’s Controlled Skill Gaming licenses, which provide a lower level of regulation at the social gaming-gambling overlap, are proving popular. The Authority defines such games as those where skill is a predominent factor, but in which there remains an element of chance. DFS giant DraftKings was the first to avail itself …
The Amaya online gambling group has followed its long term debt refinancing deal earlier this week (see previous report) with a statement Friday advising that it plans to sell off its remaining 8.18 share stake in former lottery subsidiary Innova Gaming Group in order to free up more capital. The shares represent Amaya’s 40.6 percent …
International Game Technology’s FY-2016 results are out, with revenues up but the disappointing downturn in its social online gaming asset Double Down continuing. Highlights of the report include: * Reported revenue up 10 percent y-o-y at $5.2 billion; * Operating income up an impressive 22 percent to $660 million; * Adjusted income up 12 percent …
Struggling Philippines online gambling group Philweb has announced that it has signed an agreement with Philippine Amusement and Gaming Corp. (Pagcor) to acquire 15 online operations for a consideration of 7.5 million Philweb shares. In a stock exchange advisory, the company noted the shares used in the transaction are part of the 354.6 million shares …
Tabcorp’s US-based subsidiary, Sky Racing World, which distributes southern hemisphere racing to the Americas, has announced an extended partnership with California-based television and horserace wagering website TVG that has already started to deliver increased TV coverage of Australian racing on TVG and TVG2. Sky Racing World provides Australian horse-racing content for simulcast wagering to the …
Changes at Affiliate Edge, a formerly respected and award-winning online casino group trading for the last decade as the Club World Casino group, are creating increasingly large ripples in the affiliate marketing community as evidence of de-tagging players referred by affiliates surfaces, prompting growing numbers of affys to remove their links to the casinos in …
The board of William Hill plc finally announced Friday that interim CEO Philip Bowcock is confirmed in post as the permanent chief executive of the group. Originally the group chief finance officer, Bowcock was elevated to interim CEO when James Henderson quit in July last year (see previous report). William Hill chairman, Gareth Davis said …