Gambling news - page 539

Philippines president enters corruption row

17 Dec 2016

Philippines president Rodrigo Duterte arrived back home from a foreign mission Saturday and immediately entered the Immigration corruption scandal by ordering the seizure of all online gambling tycoon Jack Lam’s Philippines assets, accusing him of not paying the correct taxes, and directing the immediate dismissal of two senior Immigration officials. Although a statement from the …

Read now

Antigua regulator hastens to reassure online gambling licensees

17 Dec 2016

Perhaps stung by criticism of its new tax proposals during its recent consultative meetings with the few operators it has left (see previous reports) the Antigua and Barbuda regulator has hastened to reassure licensees that no new tax regime or licensing fees will be imposed without full consultation. The Financial Services Regulatory Commission (FSRC) said …

Read now

888 online casino punter wins $4.3 million

17 Dec 2016

A 47-year-old female online punter in the UK is enjoying an early Christmas after hitting a $4.3 million jackpot on a stake of just GBP 1.50 at 888 online casino playing the Millionaire Genie slot. The player, who has elected to remain anonymous, is a regular visitor to the online casino, a statement from 888 …

Read now

Was UK lottery fraud an inside job?

17 Dec 2016

The UK media has been quick to uncover the sort of detail not made public by Camelot, the police and the UK Gambling Commission regarding this week’s GBP 3 million fine imposed on the lottery operator (see previous report). By Friday evening newspaper reports appeared claiming that: * The allegedly fraudulent claimant of the GBP …

Read now

Mr Green appoints new technical chief

16 Dec 2016

Online casino group Mr Green has announced the appointment of Stefan Gustafsson as CEO of its Stockholm-based technical division, Mr Green & Co Technology AB, replacing former chief Niclas Enhörning, who vacates the post after two years in the hot seat in order to start his own business. Gustafsson has an impressive IT c.v. that …

Read now

Philippines immigration duo resign

16 Dec 2016

Friday evening local time saw new drama in the Philippines online gambling corruption scandal (see previous  reports) as the two Bureau of Immigration assistant directors at the centre of the storm advised local media that they had written to the national president tendering their resignations “to spare President Rodrigo Duterte from concerns brought about by …

Read now

Online gambling dodges the RAWA bullet again

16 Dec 2016

Despite strong rumours and speculation, a federal ban on internet gambling via a resurrection of the Wire Act did not emerge in the lame duck session of the 114th US Congress, which ended this week. Despite bills in the Senate (Sen. Tom Cotton’s SB 3326) and the House (Rep. Mike Fitzgerald’s HB 6453) fears that …

Read now

Camelot’s lottery fine is intriguing

16 Dec 2016

In the wake of the announcement by the Gambling Commission that it has slapped a GBP 3 million fine on National Lottery operator Camelot in respect of inefficient processes in paying out a fraudulent ticket seven years ago, the UK media have been trying to get to grips with the detail behind the rather bland …

Read now

UK National Lottery operator heavily fined by Gambling Commission

16 Dec 2016

Camelot, the operator of the UK National Lottery is in hot water again, this time being fined GBP 3 million by the UK Gambling Commission regarding allegations of a fraudulent prize claim back in 2009. In an announcement Friday the Commission revealed that Camelot had breached its operating licence, flagging three key problems with its …

Read now

Balkans deal for Takara Gaming Group

16 Dec 2016

Online and land gambling content provider Takara Gaming Group has announced a deal with the Serbian-based operator Balkan Bet. Under the agreement, TGG will further aggregate its land-based and internet gaming products together with a variety of games, supplying a package to Balkan Bet, a major bookmaker with more than 115 betting shops throughout Serbia …

Read now

13 Mafia-associated men indicted on internet sportsbetting charges

16 Dec 2016

The New York Attorney General’s office has announced the indictment in a Brooklyn court of 13 individuals aged between 46 and 76 on charges related to the operation of an illegal and allegedly Mafia-associated online sports betting enterprise through 4Spades.org, a website hosted in Costa Rica. The office revealed that the indictment follows an extensive …

Read now

12.5 percent of all known UK major fraud is associated with gambling

16 Dec 2016

According to the latest BDO Fraudtrack fraud analysis report, 12.5 percent of UK fraud cases over GBP 50,000 in value are associated with gambling in general. Researchers report that an analysis of the latest figures available for the year 2015 show that reported frauds at GBP 1.5 billion were 110 percent higher in value terms …

Read now

Tabcorp guilty of offering online gambling inducements

16 Dec 2016

The occasionally holier-than-thou perception of Australian gambling group Tabcorp took a knock Friday when the company was found guilty on three charges of illegally luring punters to open new accounts by offering inducements. The case, heard in a Sydney court, dates back to August 2015, when the company published a promo in a local newspaper …

Read now

Philippines Justice Department issues monitoring order on officials implicated in bribery scandal

16 Dec 2016

With individuals implicated in the Philippines online gambling and immigration corruption scandal seemingly all pointing fingers at each other (see previous  reports), the country’s Justice Secretary Vitaliano Aguirre has issued an Immigration Lookout Order covering many of the leading figures in the matter, which is presently under investigation by the National Investigation Bureau. The order …

Read now

Kama Games launches 3D Blackjack on Tango platform

16 Dec 2016

Social casino games developer Kama Games has announced the addition of its 3D Blackjack game to the platform operated by mobile messaging service TangoMe Inc. Tango already carries Kama Roulette and Pokerist games as a result of a two-year business-to-business relationship. Kevin Egan, business development manager for Kama Games said in a statement Friday: “We’ve …

Read now

Game suppliers new promotional vid has a good all-round feel

15 Dec 2016

Social casino gaming developer and publisher Kama Games Group has announced details of its holiday marketing campaign, which aims to drive awareness for flag ship title Pokerist throughout the Christmas period. Built on the simple premise of “Who is playing Pokerist?” the campaign focuses on the games’ extensive social elements and significant liquidity, ensuring there …

Read now

Online gambling firm reports ‘strong progress’

15 Dec 2016

In its trading update prior to entering the close period in respect of its Full Year results, 888 Holdings reported Thursday that the group continued to perform well and the Board anticipates that adjusted EBITDA for the period will be in line with its expectations. CEO Itai Frieberger said: “We have continued to make strong …

Read now

Swiss information and communication technology body warns on internet censorship

15 Dec 2016

Swico, the Swiss chapter of the Information and Communication Technology (ICT) federation, has reacted to proposals in the Swiss National Council that laws be passed to permit the imposition of ISP blocking on unlicensed online gambling websites. The Committee for Legal Affairs of the Council is currently debating a bill on internet gambling that proposes …

Read now

Bet365 reacts to spotlight allegations of unlawful online gambling

15 Dec 2016

Accusations of supporting illegal online gambling conduct aimed at Paysafe earlier this week by alleged Paysafe short-seller, Spotlight Research, have triggered a defensive response from one of the largest operators in the international online gambling industry, Bet365. Part of the Spotlight allegations against Paysafe, an online payments group offering well known online payment vehicles like …

Read now

Catena Media in another multi-million dollar series of acquisitions

15 Dec 2016

Stockholm listed online gambling marketing group Catena Media, which coughed up GBP 10 million earlier this month to acquire UK affiliate marketer Casino UK (see previous  report) has announced the acquisition of three unidentified US affiliate marketing operations from their founders in a deal worth $15 million. The report to the stock exchange reveals that …

Read now

Microgaming’s ‘Immortal Romance’ slot in HTML 5 on the horizon

15 Dec 2016

According to its Youtube games preview channel Microgaming will soon launch an HTML5 version of its popular “Immortal Romance” slot. The pre-publicity copy notes: “Fall in love all over again with our legendary dark tale, now in HTML5. Exquisite graphics, enhanced animation and a haunting original soundtrack provide a feature-rich gaming experience on all platforms.”

Read now

Lottoland and Yggdrasil in content deal

15 Dec 2016

Yggdrasil Gaming has signed an agreement to directly integrate its full suite of video slots with online lottery betting operator Lottoland, which will become the latest Gibraltar-based operator to take Yggdrasil’s portfolio of games. Yggdrasil received its Gibraltar licence earlier this year and has made a number of significant signings in the jurisdiction. The games …

Read now

49 percent dividend increase boosts GVC share price

15 Dec 2016

Online gambling group GVC Holdings plc enjoyed a 5 percent share price boost from a trading update announcement Thursday that included a dividend increase of 49 percent. The update reported adjusted EBITDA could reach up to Euro 205.5 million for the year to 31 December, and revealed that net gaming revenue in Q4-2016 is up …

Read now

Raids against Malaysian online gambling outlets continue

15 Dec 2016

Municipal officials from the Shah Alam City Council in the Selangor province of Malaysia have reported a series of raids in the city by a 19-strong task force following a month of covert surveillance operations on premises fronting as snooker centres. A spokesman said the clientele and managers on the properties were mostly foreigners, and …

Read now