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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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.
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 …
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 …
The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino. The deal will see the operator boost its player offering with Realistic table games, along with a diverse portfolio of slots. …
The political tactic of attaching unrelated bills to end-of-the-year, must-pass important legislation in the lame duck session of Congress has again come under the microscope this week following an appeal by several US action groups to Rep. John Culberson, chairman of the House Appropriations Subcommittee on Commerce, Justice, and Science, not to allow the practice. …
The legislative season in Illinois may be drawing to a close, but that hasn’t stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation. Media reports Wednesday on the new bill contain scant detail, …
Cambodia, where online gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralised server, a Ministry of the Economy official revealed this week in a media interview. A deputy director in the Ministry, Ros Phearun …
Beleaguered Asian online gambling and junket businessman Jack Lam’s troubles grew further Wednesday when the Macau-based Jimei International Entertainment Group Limited, in which he is a controlling stakeholder and an executive director, issued a statement distancing itself from the gambling billionaire. The statement pointed out that the issues involving Lam in the Philippines are related …