The Czech Republic’s new regulatory regime kicked in on January 1 this year, and rather than face tough enforcement and draconian punishments (along with high taxation) Marathonbet has announced its withdrawal from the market. The online gambling operator is making an orderly departure, but is not the first to pull out of the Czech market …
One of the first submissions to a Massachusetts state commission tasked with studying the implications of legalised and regulated daily fantasy sports (and indeed online gambling generally – see previous reports) was from joint market leader DraftKings at a meeting Tuesday. The company was represented by former Massachusetts AG but now privately practising lawyer Martha …
Observers of the eSports market speculated this week that UK and Australian-licensed eSports betting operator Unikrn may be eyeing Germany as its next market following news that the company has invested an unspecified amount in the German professional eSports player team BIG. They point to the confused legal situation in Germany, which may make access …
Police in the Netherlands have launched a public appeal for possible victims of a password scam to come forward and assist in their investigations into the activities of an as yet unnamed 35-year-old Dutch developer. The developer stands accused of illegally accessing victims’ email and social media accounts, fraud and identity theft, using 20,000 passwords …
Regulatory certification and consulting firms Quinel and Avviza have concluded their extensive survey of European national online gambling technical regulatory requirements following a six month project to assemble an easy to reference matrix, commissioned last year by the European Commission’s Internal Market, Industry, Entrepreneurship and SMEs directorate. The companies delivered their conclusions, which include both …
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt’s Live Casino Roulette on the Leo Vegas mobile gambling,site. The fortunate player staked just GBP10 and managed to win the car and an additional GBP 30. Given a choice between the car or a …
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting: * Proforma group operating profit for the full year is expected to be within the range of GBP 275 million – GBP 285 million, consisting of Ladbrokes standalone operating profit of cGBP …
The US Supreme Court, which is for the second year mulling whether to hear New Jersey’s case for wider legalised sports betting in the United States (see previous reports) has showed some interest in the case. On Tuesday the court issued an invitation to the acting US Solictor General, inviting him “to file a brief …
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks (see previous reports) but these concerns faded following Tatts rebuff of the consortium’s offer. However, a new report in the Australian Financial Review this week brings the …
Software developer Endorphina has sneak peeked an upcoming release with a rather unusual theme. “The Diamond Vapor” slot utilizes the e-cigarette vaporizer trend or vaping as its central theme.
“Super Multitimes Progressive HD” is a new addition to iSoftBet’s games portfolio. This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement. Super Multitimes Progressive HD will be launched later this week across the desktop and mobile channels.
Cherry AB has informed the industry of the resignation of its chief executive officer Fredrik Burvall. Burvall is leaving the company, after more than a decade of service, for personal reasons. Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief …
BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all. The National Council on Problem Gambling is a charitable organization that acts as a national advocate for programs and services that assist problem gamblers and their …
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015. The fiscal report for the 12 month period ending September 24, 2016 revealed almost GBP 11 billion in wagers, turnover of GBP 455,851,000, EBITDA of GBP 80,884,000 and …
Live gaming provider n2-Live describes its latest web-based live gaming software upgrade as significant. The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.” Enhanced features include real-time betting data, diversified baccarat betting options and simultaneous multi-table …
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year. Featuring free games, exploding and adjacent Wilds, the players play towards returning the Rooster’s crown for winning opportunities. “Fire Rooster is an explosive game with stunning high …
Spanish operator Luckia Group has reported a strong set of preliminary results for its full fiscal 2016. The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year. 2016 has been a year of consolidation …
A 10-year platform technology deal, agreed less than one year ago, between GVC Holdings and Betfred has been terminated by mutual consent. The termination of the deal, which would have seen GVC replace Betfred’s existing GTECH online gaming and sportsbetting platform, will allow the companies “greater flexibility to develop their businesses going forward,” a joint …
Asian-focused operator Vwin has agreed a regional partnership deal with Juventus Football Club. Under the terms of the agreement, Vwin will have the rights to use Juventus’ brand and image in advertising its own products in China, Hong Kong, Macau, Taiwan, Vietnam, Indonesia, Malaysia, Philippines, Singapore and Thailand while offering unique Juventus-themed events throughout the …
MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna. Khanna has been appointed a senior vice president of the company responsible for federal government affairs, and in addition to her service to Reid …
Michigan state Sen. Mike Kowell’s staff have confirmed that the senator plans to reintroduce his online gambling legalisation bill, which failed to make it through the last legislative season (see previous reports). The current draft allows tribes to apply for website licenses either as a commercial venture, licensed and taxed by the state, or through …
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016. That’s a very healthy proportion of the total sports betting turnover created of Euro 770 million, and brings general gambling turnover for 2016 …
Whilst all eyes this year have been on Massachusetts State Treasurer Deborah Goldberg and her stated intention to introduce an online lottery bill, state Sen. Jennifer Flanagan has quietly been redrafting her own bill with a similar imperative, and this week she re-launched SD6, which seeks to “conduct a state lottery, including a lottery conducted …
BetSoft Gaming has announced that it is to use the upcoming ICE Totally Gaming show in London next month to unveil two new games. The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins.. Slotfather II …