The dust over Canadian province Port Edward Island’s abortive Cdn$ 1.5 million attempt to establish a First Nation online gambling regulatory jurisdiction (see previous reports) finally seems to be settling, although it is still not clear whether any of the politicians involved will be censored. Local media reports Monday revealed that current finance minister Allen …
New Jersey’s probably final throw of the sports betting legalisation dice – its appeal to the US Supreme Court – has seen a surge of support this week from three civil liberties groups and five other states in amicus briefs seeking involvement against the national sports leagues and their support of the restrictive federal Professional …
The embattled Philippines e-gaming group Philweb continued to feel the pressure of recent licensing decisions in its latest financial performance report, noting that in the third quarter it went from a net profit in 2015 of P206.1 million to a loss in Q3-2016 of P5.4 million (US$109,700). The company is still struggling following a Pagcor …
Amaya Inc. confirmed receipt of a non-binding all cash offer from former chief executive officer David Baazov to acquire the company. The offer of CAD$24.00 per common share was confirmed in a press release late Monday, detailing the inclusion of a USD$200 million deposit into escrow upon execution of a definitive agreement in respect of …
Unibet Group will integrate electronic authentication system BankID on its Unibet and Maria Casino sites for the Swedish market to create a faster, more efficient authentification and verification process. “By integrating BankID, we continue to show our commitment to innovative solutions by being the first operator in the gambling space to make use of this …
Invicta Networks-owned eSports betting operator GG.bet has clinched official betting partnership deals with North American Dota 2 eSports team, Team NP, as well as another with North American eSports organization, Luminosity Gaming (LG). Our readers will recall GG.bet and Asian-focused operator ESP777 joined UltraPlay’s Playfinity platform eSports data feed in August this year (see previous reports).
e-Gaming platform provider Oryx Gaming is set to launch mobile versions of a number of its flagship slot titles including Golden Dunes, The Anaconda Eye and Mission Atlantis. The HTML5 version of its popular desktop titles will introduce a new re-pick feature where players can reveal a hidden prize but may change their decision twice …
Metric Gaming has bolstered its London-based team with the appointment of three new senior executives. Jim Supple joins the company as chief operating officer having served over 25-years in the betting industry with major operators Betfair and William Hill, amongst others. Former head of trading for Coral, Steven Foulkes, will take on the role of …
ZEAL Network reported strong progress during its nine-month 2016 financial report saying the group’s strategic outlook remains unchanged with attractive growth opportunities in ZEAL’s target markets. Key performance indicators for the nine-month period ending September 30, 2016 include: – Total stakes of Euro 2014.1 million (9M/2015: Euro 195.2 million), up 5 percent and driven by …
The Director General of Spain’s La Dirección General de Ordenación del Juego (DGOJ), Carlos Hernández Rivera, has stepped down following a proposal by the Minister of Finance and Public Administration and the subsequent decision by Spain’s Council of Ministers earlier this month. Rivera, who has held the position for over four years, oversaw the introduction …
On the back of respectable third quarter results from Amaya Inc., early reports suggest former chief executive officer, David Baazov, has made a $3.48-billion acquisition offer on the company, The Globe and Mail (TGM) reports. The offer of $24-per-share equates to an almost 31 percent increase on Amaya’s closing price on Friday of $18.34, TGM …
According to information from the Glossy Bingo website, player member Mandy Bowman hit a major progressive slot jackpot worth GBP 1.2 million earlier this month. The Scottish mobile device player usually focuses on the bingo offering available, but decided to give the Major Millions slot a spin by way of a change after claiming a …
UBET, a retail and online gambling subsidiary in the Tatts Group has a A$50 million brand expansion plan that will not be slowed down by the parent company’s proposed merger with Tabcorp, another Aussie gambling giant threatened by aggressive competition from foreign owned online companies making their presence felt in the country. UBET is an …
The mainly online Swedish gambling group Betsson AB has announced a series of fixed income investor meetings commencing November 14 at which a proposed SEK-denominated senior unsecured 3 year bond issue will be discussed, the proceeds from which will be used to facilitate the group’s acquisition strategy, refinancing debt and general corporate purposes. “Betsson has …
The burgeoning eSports vertical could be accepted as an Olympic sport by the time the Lost Angeles games take place in 2024, according to the publication Sportskeeda, quoting an organisation titled LA 2024, which has submitted a bid to the International Olympic Committee. The bid details the phenomenal growth and popularity of eSports, which has …
Playtech plc announced Monday that it has agreed to acquire Consolidated Financial Holdings A/S, a technology company with products including a leading Straight Through Processing (“STP”) brokerage which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools. In a company statement, Playtech management said the acquisition will enhance Playtech’s …
In a trading update Monday William Hill plc advised that it expects full-year operating profits to come in at the top end of its previous guidance after a strong international performance thus far in H2-2016. The group had previously forecast that operating profits for the year to December would be between GBP 260 million and …
The “lame duck” period in the US Congress – that between the presidential election and the end of the 114th Congress in December – is regarded by many industry observers as a dangerous timeframe in which anti-online gambling legislation could be rammed through a busy and tired political establishment – a possibility raised recently in …
Friday saw the release of the first of the 22 Crown Resorts employees arrested on gambling promotional-related allegations by the Chinese authorities in mid-October. Those detained included 15 local employees of the company and three managers visiting the operation from Crown’s Australian headquarters (see previous reports). The Associated Press news agency identified the released detainee …
Within a day of Ontario’s Rama Resort warning clients and vendors that it had been hacked and private information stolen (see previous report), the anonymous hacker started posting some of the data on the internet, boasting that more would follow within the next three days. The published data appeared genuine and included staff performance reviews, …
Clarion, the organisers of the internationally popular annual ICE Totally Gaming expo at the Excel Centre in London, have advised that the nearest Docklands Light Rail station to the venue, Customs House, will be closed for renovations at the time of the show this year, but that alternate transport arrangements are in place. Delegates and …
The Canadian province of Quebec has become notorious for its protectionist legislative moves to shield its cosy online gambling monopoly Espacejeux.com from competition, and parent group Loto Quebec’s half-yearly performance numbers explain why; among the financial results was a 25 percent rise in revenues from the online gambling operation. Loto Quebec’s current fiscal half year …
Fantasy football wagering arrived in Colorado this week at off-track betting sites. Whilst betting on professional sports in the state remains illegal, wagering at off-track betting entities on professional sports in a format that blends horse racing-style betting and odds with National Football League DFS started. Off-track betting sites already permit gambling on horse and …
The Daily Mail reported Saturday that Denise Coates (49), who started out crunching numbers in her father’s small betting shop and went on to found online betting giant bet365 fifteen years ago, took home GBP 117.5 million last year, made up of her CEO salary (GBP 54 million) and dividends (GBP 65.5 million). The newspaper …