Gambling news - page 542

PAGCOR claims authority to licence offshore online gambling activity

10 Dec 2016

Philippines regulatory body Pagcor has reacted to the legal challenge in the Philippines Supreme Court from the activist group Union for National Development and Good Governance- Philippines questioning its licensing and other powers (see previous  reports). In a statement, Pagcor said its initiative to grant a new type of license titled the Philippine Online Gaming …

Read now

UK government unlikely to follow political group recommendations on FOBTs

10 Dec 2016

The recommendations earlier this week on Fixed Odds Betting Terminals by the “unofficial” All Party Parliament Group of MPs led by Labourite Carolyn Harris (see previous  report) are unlikely to be followed, especially in regard to lowering maximum staking limits to GBP 2, London analysts at Numis Securities opined late Friday. Numis believes the UK …

Read now

New live dealer Christmas Roulette from Playtech

9 Dec 2016

Playtech’s live dealer arm, Playtech Live has launched a dedicated live roulette room operating from a fully custom-built studio bursting with colourful Christmas decorations. The advent of the room will see players presented with a fully bespoke table layout and greeted by a host of Christmas characters, with dealers dressed head-to-toe in festive costumes. Christmas …

Read now

New slot from 1x2Gaming

9 Dec 2016

1X2Gaming’s latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.  

Read now

NetEnt supplies live dealer action to Vegas Mobile Casino

9 Dec 2016

Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette. A statement from the company claims that the product delivers fast streaming, crisp images and quality sound. A Vegas Mobile Casino spokesman said Friday: said Friday …

Read now

Monetary Authority in Macau moves to quell ATM limit fears

9 Dec 2016

The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half (see previous  report). The Authority clarified that it had not tightened daily cash withdrawal limits for Chinese gamblers, explaining that it limited withdrawals to 5,000 patacas …

Read now

Interesting numbers in Malta Gaming Authority interim report

9 Dec 2016

The Malta Gaming Authority’s half-year 2016 report published this week has some interesting numbers, including: * Employment within Malta’s gaming industry increased by 31 percent year-on-year in the first six months of 2016; * The island’s online gambling industry employed an estimated 6,150 people as at end June this year; * The sector contributed 12 …

Read now

Optima a winner in latest SBC awards

9 Dec 2016

The Spanish sports betting technology company Optima has been enjoying growing attention to its innovative retail betting products this year and was recognised in two categories at this week’s SBC Bookmaker of the Year award ceremony. The company topped the list in the Innovation in Retail Betting – Best Retail Betting Product class, besting respected …

Read now

Big win at Codeta online casino

9 Dec 2016

Online casino operator Codeta paid out its biggest win yet this week after one of its Swedish online punters scored a Euro 100,000 on NetEnt’s Jack and the Beanstalk slot jackpot. The live dealer casino pioneer revealed in a statement that player Frederik (27) was spinning the reels when he struck five best combinations straight …

Read now

Report of Macau ATM clampdown has land casino stocks reeling

9 Dec 2016

The newspaper South China Morning Post precipitated a wide decline in land casino stock prices Thursday when it reported that China is imposing a drastic cut in UnionPay ATM daily withdrawal limits in Macau. However there was some recovery after UnionPay International said its overseas withdrawal limits were unchanged. The Reuters news agency reported stocks …

Read now

No Japan casino bill approval this week

9 Dec 2016

Hopes that the newly invigorated land casino gambling bill before the Upper House of the Diet would be approved by today (Friday) have faded after the ruling Liberal Democratic Party announced that it will instead hold hearings before the Cabinet Affairs Committee next week. However, the party reiterated its determination to seek final approval for …

Read now

Voodoo slot from Endorphina released today

9 Dec 2016

The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday). “Prepare yourself for a dark and intense experience,” the company advises in its launch statement. “The newest …

Read now

Singapore online gambling among British foreign aid projects

9 Dec 2016

Questions are being asked about how the UK government’s private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday. Among a number of controversial projects are an unidentified Singapore online gambling company (there are only two licensed to …

Read now

German financial services watchdog cracks down on spread betting

9 Dec 2016

The UK Financial Conduct Authority’s crackdown on financial and stocks spread betting via contracts for difference (see previous  report) has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday. The BaFin, or Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), is an independent federal institution under the supervision …

Read now

French gambling giant in football sponsorship deal

9 Dec 2016

Olympique Lyonnais, a popular Rhone Ligue 1 football club with a large following, has announced that it has agreed an in-stadia betting partnership with the state-owned French online and land betting giant Française des Jeux (FDJ). The agreement allows FDJ to introduce its ParionsSport betting terminals in the Parc OL stadium, and the promotion by …

Read now

Australian Open tennis to dump online gambling courtside adverts in 2017

9 Dec 2016

Court-side advertisements, which have been criticised as promoting gambling and thereby contributing indirectly to the spectre of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed. William Hill Australia is in line to feel the immediate pain of the ban, with its deal with Tennis Australia to …

Read now

Philippines president now says Jack Lam can make things right

8 Dec 2016

The always controversial president of the Philippines, Rodrigo Duterte, offered fugitive online casino mogul Jack Lam an opportunity to make things right Thursday, saying that he would allow Lam back into the country if he apologised for his wrongdoing (something Lam lawyers have denied) and paid his local taxes. Lam will no doubt seriously consider …

Read now

Brit MPs seek FOBT changes

8 Dec 2016

The controversial issue of Fixed Odds Betting Terminals in retail betting shops is back in the press today (Thursday) thanks to an unofficial (ie not a Select Committee) group of politicians led by Labour MP Carolyn Harris which published an interim report on their recommendations regarding the machines. The group, titled FOBT All-Party Parliamentary Group …

Read now

Sportech prevails in multi-million pound VAT claim

8 Dec 2016

An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling. The Court of Appeal’s unanimous judgement in favor of Sportech, concerning a VAT repayment claim on …

Read now

ARJEL’s future hanging in the balance?

8 Dec 2016

According to French publication Les Echo’s, the future of French regulatory body L’Autorité de régulation des jeux en ligne (ARJEL) hangs in the balance as French Parliamentarians debate the potential consolidation and possible dissolution of independent administrative authorities and independent public authorities. The amendment to draft law was authored by Jean Luc Warsmann, deputy and …

Read now

Rival’s Diamond Dragon released

8 Dec 2016

Rival Powered has launched Diamond Dragon, a a 5-reel, 50-payline video slot. The story follows feuding families battling for control of the Diamond Dragon, and the treasure it guards. Characters such as The Northern Prince, Golden King, Shifty Baron, and Desert Queen are all vying for the Golden Chalices, Magic Vials, and Diamonds the mythical …

Read now

Paddy Power Betfair boost data capabilities

8 Dec 2016

Paddy Power Betfair will boost its capabilities following a data usage licensing agreement with Football DataCo. Football DataCo data usage licensing enables third parties to utilize fixture lists and statistics owned by the Premier League, the Football League and the Scottish Professional Football league.

Read now

Sportradar in multi partnership deals

8 Dec 2016

Sports integrity services provider SportRadar has clinched a number of deals over the past week with MotoGP, the Norwegian anti-match manipulation platform and the Associated Press. Beginning with the 2017 season, SportRadar’s integrity services will be utilized for the first time to cover motorcycle sporting events the MotoGP, the Moto2 and the Moto3 seasons in …

Read now

IGT in licensing deal with Sony Pictures

8 Dec 2016

International Game Technology, through its IGT Global Solutions subsidiary, has entered into a multi-year licensing deal with Sony Pictures Television Inc. (Sony) for the development and release of Shark Tank branded games in the US. Under the terms of the deal, IGT is licensed to develop instant scratch games, pull-tab games, traditional online games, instant …

Read now