Gambling news - page 534

Paysafe revenue set to pass $1 billion benchmark in 2017

12 Jan 2017

The UK online payment processing group Paysafe plc has issued a trading update for the full year ended December 31 2016, reporting that it expects revenues to top $1 billion in 2017. The group saw continued strong momentum during the second-half of 2016 as it focused on building a portfolio of payment-related products and services …

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UK Gambling Commission addresses a thorny issue

12 Jan 2017

The UK Gambling Commission has addressed a perennial area of conflict between online gambling operators and players – bonus abuse. Long story short, operators need to fully and with clarity disclose the terms and conditions attached to bonuses, but it is of equal importance that operators clearly describe their understanding of the term “bonus abuse” …

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Malaysian municipal police shutter more online gambling operations

12 Jan 2017

Municipal police in the Subang Jaya Municipality have continued operations against online gambling outlets (see previous  reports), shuttering six outlets and seizing 212 computer sets and other physical and documentary evidence. Municipal spokesman Mohd Zulkurnain Che Ali said the raids followed public complaints and an undercover police operation, and revealed that in the case of …

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New online slot on the way from NetEnt

12 Jan 2017

NetEnt is all set to go with the release on February 9 of its latest online slot, a 5 reel, 10 pay-line game titled Joker Pro. In fact, many players are already familiar with the game, which has been offered exclusively by Betsafe for some months. The game has a classic feel with features that …

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Playtech launch live casino studio in Bucharest

11 Jan 2017

Catering to “a huge demand in licensees,” Playtech has opened a new live casino studio facility in Bucharest, Romania. The facility, one of many that are situated in countries such as Manila, Latvia, Spain and Belgium, offers licensees live blackjack, roulette and casino hold’em for desktop and mobile channels. “This is just the beginning of …

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RTG release new title

11 Jan 2017

RealTime Gaming’s newest offer is a 5-reel, 1024-ways-to-pay video slot based on the mythological Chinese underworld dragon Fucanglong. Legend has it that when Fucanglong leaps from his underground universe volcanoes erupt and the game depicts this with Dragon Mountain symbols acting as Scatters that trigger the first free game feature. Retriggers add extra games with …

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Sports betting bill introduced in New York senate and South Carolina

11 Jan 2017

New York State legislators introduced a new sports betting bill into the Senate earlier this week. Bill S1282, sponsored by Senator Anthony Avella along with four co-sponsors Senator Holyman, Sanders, Addabbo and Montgomery, proposes an amendment to section 9 of article 1 of the constitution which would allow gambling on professional sporting events and athletic …

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NYX make key executive appointment

11 Jan 2017

Todd McTavish has been named chief legal officer for NYX Gaming Group, responsible for the groups legal and compliance functions. Prior to joining NYX, McTavish’s previous roles included general counsel, chief compliance office and company secretary of Multimedia Games (Everi), and general counsel for Video Gaming Technologies. “We continue to experience rapid growth and we …

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New online slot from WinADay’s proprietary studio

11 Jan 2017

After focusing on creating four new video poker games, the game designers at Win A Day Online Casino are kicking off 2017 with a new slot dubbed Robot Escape, a look at an automated future through a theme replete with droids, robots and a free spins feature. This new game has a 5×4 format in …

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Trump attorney general nominee could be a problem for online gambling

11 Jan 2017

The incoming Trump presidential administration in the United States has been the subject of endless speculation on how it may change the legal scene across a wide spectrum of issues in that country, with online gambling legalisation among them. This week a Senate confirmation hearing on the appointment as Attorney General of the United States …

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Swiss ISP trade association speaks on online gambling blocking issue

11 Jan 2017

Suisse Digital wants Swiss land gaming operators to fund any ISP-blocking initiative from government…and reserves the right to suspend blocking if it impairs service levels. Suisse Digital, the trade association for the telecoms industry that includes Internet Service Providers among its members, has weighed in on the Swiss online gambling website blocking issue, suggesting that …

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Pennsylvanian online gambling legalisation bill already under fire

11 Jan 2017

Pennsylvanian state Senator Jay Costa’s attempt to renew an intrastate online gambling legalisation bill (see previous  report) is barely a week old and has yet to be formally introduced, but it has come under fire from Republican Senator Robert “Tommy” Tomlinson, who Our readers may recall recently wrote to fellow politicians urging caution on a …

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Singapore retail betting shops hit by systems failure

11 Jan 2017

Singapore Pools suffered an embarrassing suspension of sports betting services and winnings pay-outs over two days this past weekend as a result of technical problems with its systems. Over 88 outlets and four LiveWire betting venues were impacted, leaving disgruntled punters unable to place bets or collect earlier winnings, with limited football betting services only …

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PMU transformation continues

10 Jan 2017

French operator Pari Mutuel Urbain (PMU) reported a 0.6 percent decline in total stakes for the full year 2016 despite strong progress in sports and international horserace betting. The company believes a myriad of new initiatives implemented to offset difficult local market conditions and the continued impact of the separation of its online and offline …

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Major online gambling bust in Vietnam

10 Jan 2017

Vietnam’s Hi-Tech Criminals Prevention division has reported the detention of two local men who allegedly ran a Philippines-registered online gambling operation that has processed US$13.4 million in bets since June 2016. Ho Chi Minh City residents La Tung Thinh (53) and Lu Vinh Loi (53), were arrested yesterday (Monday). They face stiff fines and/or a …

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Wanghammar named managing director Pokerstars Casino

10 Jan 2017

Online gambling veteran Bo Wänghammar has been named managing director of Rational Group’s PokerStars Casino business, effective February 1, 2017. Wänghammar joins the group having served most recently as business development director for Mr Green & Co AB, prior to which he held the role of chief executive officer of Mr Green’s operating company, Mr …

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Everymatrix awarded Romanian licenses

10 Jan 2017

Online gambling firm EveryMatrix has been granted two Class II licenses from the Romanian National Gambling Office (ONJN). The Class II licenses allows the supply and distribution of gambling solutions, platforms management and hosting facilities within the regulated environment. “Our access to the Romanian market comes as a natural consequence of our long-time investment in …

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Sheriff Gaming debacle resurfaces

10 Jan 2017

The 2013 shutdown of Sheriff Gaming and its parent company Bubble Group by Dutch tax and police officials (see previous  reports) resurfaced this week in an interview with former CEO Stijn Flapper (38) with the Dutch newspaper Financieele Dagblad. In the interview Flapper revealed that he is currently suing the Dutch government for Euro 75 …

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Scheinbergs give Amaya some breathing space over rational group debt obligation

10 Jan 2017

The Montreal-based online gambling group Amaya Inc. has announced that it has reached agreement with “a major creditor” (believed to be the Scheinberg family who previously owned the Rational Group) which extends the maturity on a debt obligation of $197.7 million, pre-empting the need for a dilutive equity raise. The debt, which was in respect …

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Japanese flavour to Ganapati online gambling content

10 Jan 2017

Online gambling games distributor Ganapati is planning on unveiling some interesting new gaming content at the upcoming ICE Totally Gaming conference and expo in London early February. Spokesman Richard Hogg said in a company statement Monday: “We are working with the best studios, both internally and externally, to create innovative content that merges Japanese culture …

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Brit horserace punters plagued by coverage blackout monday

10 Jan 2017

A bitter dispute between bookies and racecourses over media rights payments spilled over into retail betting shops coverage Monday, blacking out punters’ viewing of the races across the country. And it is unlikely that the disagreement will be resolved in time to prevent another black-out in the shops today (Tuesday), according to local media reports. …

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Digitain joins forces with Betsoft Gaming

10 Jan 2017

Armenia-based multi-channel sportsbook and casino platform provider Digitain has inked an agreement with BetSoft Gaming to integrate the supplier’s full suite of slots and table games into its product portfolio. Following the deal, Digitain will now be able to offer its operator partners BetSoft titles such as Sin City Nights, Birds and The Tipsy Tourist, …

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Executive moves and a trading update from Playtech

10 Jan 2017

Online gambling and financial services group Playtech plc announced Tuesday that chief financial officer Ron Hoffman is to move up to the CEO position in the group’s financial products division and will accordingly step down from the main board of directors. Hoffman joined Playtech in 2004 as one of its earliest recruits, and has played …

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Digital Sports Tech inks Russian deal

10 Jan 2017

Digital Sports Tech reports that it has secured another operator for its popular Player Prop betting product in a deal that represents its first entry into the Russian market. The agreement is with Fonbet, Russia’s largest sportsbook operator, and the deal provides for the integration of the product into Fonbet’s online sportsbook, with the user …

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