Speculation on a FanDuel-DraftKings merger of equals surged again this week on reports that three reliable insiders have leaked the news that the principal stakeholders in the two daily fantasy sports market leaders have agreed basic terms that all can live with. The informants revealed that the plan is for DraftKing’s CEO Jason Robins to …
Online casino platform and game developer Nolimit City has made a somewhat belated launch on its new 5 reel, 20 pay-line online slot Oktoberfest, which features a theme inspired by the famous annual German beer drinking festival in Munich. The theme is not new; several developers have previously launched their own versions of German festival-themed …
Betsson AB has announced the issuance of senior unsecured bonds in a total amount of SEK 1 billion due 2019 following its notification of the initiative earlier this week (see previous report). And, the company revealed, the bonds have successfully been placed among mainly Nordic investors. The proceeds from the bond issue will be used …
Camelot, the company which operates the UK National Lottery, has found the six months April to September this year “challenging” following results that show a GBP 226 million plunge in ticket sales, probably due to the decision to add more numbers, thus increasing the odds against a big win. The change last October saw the …
Hard on the heels of reports earlier this week that five US states and three civil liberties bodies have joined New Jersey’s appeal to the US Supreme Court for the wider liberalisation of sports betting comes the news that the American Gaming Association has filed an amicus brief supporting the action. The land casino operator’s …
Any hopes that a special ‘skill game’ dispensation for daily fantasy sports might emerge in Nevada were dashed this week when the Nevada Gaming Policy Committee reaffirmed that daily fantasy sports is regarded as gaming in the state. That means that if major DFS companies like DraftKings and FanDuel want to offer their products in …
Russian online and land bookmakers will be heaving a sigh of relief this week at the news that the Russian government’s mandatory 3 percent of revenue per quarter bookmaker’s ‘donation’ to sports development has been reduced to 1 percent per quarter. The more reasonable level set by the Finance Ministry follows widespread protest by bookies …
Bookee, a mobile-first sports betting company, has high hopes that its newly launched swipe-to-bet mobile app will “revolutionise” the sports betting industry, claiming that it has been designed to make betting personal and social for the casual punter, allowing users to place bets with a simple swipe of a finger. The basic app interface offers …
The state of Washington, notorious for having widespread land gambling but some of the most draconian penalties against online gambling in the USA, is currently studying the results of a survey it commissioned on the industry. Conducted by the Spectrum Gaming Group, the survey showed that gambling is set to continue as a big money …
Metric Gaming will provide an end-to-end golf pricing solution to Tabcorp and News UK’s Sun Bets joint venture following a deal earlier this week. Metric will offer competitive pre-game prices across all Outright and Match markets, as well as an in-play proposition, which will include the full range of Metric’s SuperLive® markets. “Sun Bets is …
In a landmark deal, the Hong Kong Jockey Club (HKJC) and UK Tote have reached agreement enabling the commingling of bets from the United Kingdom to the world’s largest per-race pari-mutuel tote pools in Hong Kong. UK betting shops and online platforms of long-established operators such as Betfred, Coral and Ladbrokes will be able to …
Las Vegas-based tribal gaming, freemium marketing, lottery and interactive technology provider Nexgen Applied Solutions will rebrand to Bingo Nation. The rebrand signals a new operational phase, company director Robert Coleridge said Wednesday, as its proprietary rights to license “unique” certified software and advanced kiosk and smart phone technology to tribal gaming operators creates a significant …
With the 114th US Congress now entering its final weeks of activity, online gambling industry monitors are on the alert for any sly attempt to pass an online gambling banning bill amid reports that Senator Tom Cotton will try to attach his S.3376 proposal to a must-pass year-end spending bill. S,3376 was introduced earlier this …
The latest quarterly report from the Philippines Amusement and Gaming Corporation regulator shows that the e-gaming sector managed to achieve a slight year-on-year improvement, remarkable considering the licensing suspensions and general mayhem caused by the nation’s relatively new maverick president, Rodrigo Duterte (see previous reports). Revenue generated from e-gaming sites in Q3-2016 was PHP5.57 billion, …
One of the interesting issues to emerge from online gambling group Amaya’s third quarter results conference call with the media and analysts on Monday has been the possibility that the Australian government’s proposed tightening of online gambling regulations could trigger Amaya’s departure from that market. Chief financial officer Daniel Sebag said the possibility is currently …
New Jersey’s legalised online gambling sector continued to deliver good results in October, according to figures released by the New Jersey Division for Gaming Enforcement, which showed that the sector’s performance improved almost 30 percent y-o-y at $16.7 million, maintaining the upwards monthly momentum. Even the slowing online poker vertical performed better, recording a 25 …
Toronto-listed Fantasy Aces Daily Fantasy Sports Corp. has announcements the completion of its acquisition deal with Fantasy Feud Inc., a subsidiary of Gaming Nation Inc. for a total consideration of Cdn$454,250. Fantasy Aces paid Gaming Nation a cash payment of Cdn$25,000, with the remainder of the purchase price being paid by way of 6,132,143 of …
EGT Interactive has entered into a strategic agreement with B2B sports betting provider Altenar, powered by BetinAction. Under the terms of the deal, EGT will offer its clients opportunity to enhance their casino offer with the Altenar’s sports betting product. “EGT Interactive is a leading provider with a long standing reputation and a presence in …
Las Vegas-headquartered NYX Gaming Group (NYX) delivered impressive third quarter results driven by organic growth across all verticals and the firm enjoying the fruits of its M&A strategy. Key performance highlights for the three months ending September 30, 2016 include: – Revenue of C$54.4 million (Q3/2015: C$13.23 million), an impressive increase of 308.9 percent. – …
Malta-licensed Yako Casino reported a major jackpot win on the Mega Moolah Mega Progressive Jackpot Tuesday. November 5, 2016 will be a date punter Marcus Goodwin will never forget as the evening he landed the mind-boggling $11,633,898.44 jackpot. “This is obviously life-changing! I can’t believe it! I will definitely be buying a nice big house …
Dutch gambling authority Kansspelautoriteit will launch a digital tender for an exclusive 5-year horse racing and harness racing Totalizator Betting license on November 29, 2016. The process will be assessed in two phases, the first of which will be based on receipt of set criteria communicated by the Authority who will then determine whether interested …
Platform provider Aspire Global is set to launch its newest white label casino brand WixStars offering slots, casino games and live casino. “From the start Aspire Global proved to be remarkably professional and highly innovative,” a Wix Stars spokesperson said. “Their entire team is made of dedicated experts who are capable of delivering a premium igaming …
Oryx Gaming has integrated three additional Gamomat titles King of the Jungle, Take5 and Fort Brave for desktop and mobile. “Working with Gamomat allows us to constantly add exceptional content to our portfolio and we’re exceptionally proud of the partnership,” Matevz Mazij, chief executive officer of Oryx Gaming, said. “Passion, knowledge and innovation makes Gamomat’s …
Sky Betting & Gaming (SB&G) has announced the appointed of Simon Ince as Director Technology: International. Ince spent the past decade with Microsoft prior to this appointment, where he held various senior leadership positions. In his new role, he will head up SB&G’s global development along with the company’s engineering teams. “We’re absolutely delighted to …