Gambling news - page 555

Nevada policy committee reaffirms that DFS is to be treated as gambling

17 Nov 2016

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 …

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Sports tax relief for Russian bookmakers

17 Nov 2016

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 …

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New sports betting app launched

17 Nov 2016

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 …

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Gambling on the increase in Washington State

17 Nov 2016

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 …

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Sunbets take Metric Gaming golf pricing

16 Nov 2016

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 …

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HKJC to commingle bets from UK

16 Nov 2016

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 …

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Nexgen rebrands to Bingo Nation

16 Nov 2016

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 …

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Industry on the alert for RAWA-style ban attempt in congress lame duck session

16 Nov 2016

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 …

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Philippines e-gaming still progressing despite presidential disruption

16 Nov 2016

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, …

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Is Amaya in Australia’s departure lounge?

16 Nov 2016

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 …

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New Jersey online gambling revenues still rising

16 Nov 2016

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 …

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Fantasy Aces acquires Fantasy Feud

16 Nov 2016

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 …

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Altenar partners EGT Interactive

15 Nov 2016

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 …

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NYX Gaming group flies high

15 Nov 2016

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. – …

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Mega Moolah win at Yako Casino

15 Nov 2016

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 …

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Kansspelautoriteit to launch tote license tender

15 Nov 2016

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 …

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New Aspire Global white label WixStars

15 Nov 2016

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 …

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Oryx Gaming boosts portfolio

15 Nov 2016

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 …

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Sky Betting & Gaming appoint tech director

15 Nov 2016

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 …

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Port Edward Island AG recommendations implemented

15 Nov 2016

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 …

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New Jersey’s supreme court sports betting appeal heating up

15 Nov 2016

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 …

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Weak performance from Philweb in Q3-2016

15 Nov 2016

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 …

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Amaya confirms Baazov offer to purchase

14 Nov 2016

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 …

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Unibet to integrate BankID in Sweden

14 Nov 2016

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 …

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