Massachusetts Treasurer Deborah Goldberg has fulfilled part of her pledge to take the state lottery online, filing a bill with the state Legislature on Wednesday that seeks to authorise the Massachusetts State Lottery to offer games over the internet and through smartphone apps. Goldberg has long been an advocate for widening the lottery’s scope, arguing …
William Hill has apparently been battling with a Distributed Denial of Service (DDoS) attack over the past two days. According to The Register.co.uk, “many of the bookie’s sites went down on Tuesday and have remained unable to provide much better than intermittent service into Wednesday due to an ongoing cyberattack”. A wider statement from William …
Real-money mobile developer and publisher Gaming Realms is flying high following its latest financial results in which the company reported positive EBITDA for the first time. The company said investment, particularly in its “Grizzly” technology platform, during the first six months of its fiscal year had paved the way to strong Q3 results. Gaming Realms …
Gambling solutions provider Gaming Innovation Group (GIG) released encouraging Q3/2016 results Wednesday. Financial highlights for the 12-week period include: – Operating revenues of Euro 14.5 million (incl. Euro 2.7 million from Betit), up 50 percent from Euro 9.7 million in Q2/2016 – Organic revenue growth of 23 percent quarter-on-quarter. – B2C revenues of Euro 11.4 …
The UK Advertising Standard Authority has scrutinized a Cozy Games t/a Big Bucks Bingo email promotion after receiving a single complaint. The complainant challenged whether the ad was misleading as it failed to make clear that a wagering requirement applied before consumers could withdraw their winnings. The ASA ruled that significant conditions should have appeared …
Turnkey sports betting provider Kambi reported a set of robust Q3/2016 results, highlighting key performance indicators for the twelve-week period as: – Revenue of Euro 14.8 million (Q3/2015: 12.8 million), up 15 percent. – Operating profit (EBIT) was Euro 3.1 million (Q3/205: 2.5 million), up 25 percent, with a margin of 21 percent (Q3/205: 19 …
Betclic Everest Group and Betgenius have entered into a three-year in-play trading services deal that will see more than 130,000 in-play events offered to Betclic and Expekt customers. “As part of our product strategy, we are always aiming to increase our offer to the benefit of our punters. Automation of sports in-play is one of …
The Malta Gaming Authority (MGA) has distanced itself from black-white-casino.com saying it has no connection with the operator and any gaming licenses claimed to be held with the MGA are false and misleading. According to black-white-casino’s ‘about us’ page, the operator is owned by williambet.net Anjouan (Comores) and claims licensing and regulation under the “Anjouan …
On Wednesday the European online gambling operator Unibet posted a strong set of third quarter and January to September results, claiming a strong performance across all brands and good results from successful acquisitions, which delivered a 65 percent increase in gross winnings revenue (42 percent in constant currency, of which 27 percent represents pure organic …
Michael McCarthy, a social casino operator who has studied the practical demographics of social gaming, startled some delegates to the IAGR regulatory conference this week when he revealed that the average social slots player is almost 41 years of age. During a panel discussion on the convergence of social gaming and gambling McCarthy said that …
The visiting Australian gambling executives detained by China almost three weeks ago on what are believed to be gambling promotion-related charges (see previous reports) remained in custody this week despite assurances by the Australian federal government that it has “indicated its concern” to the Chinese authorities over the continued detentions. Speaking from Beijing, the Australian …
Former Betsson exec Carl Ejlertsson has been hired as account director by the Isle of Man-based online gambling software developer Red Tiger Gaming as part of the company’s expansion plans. A company statement Wednesday advised that Ejlertsson, who was formerly casino insight head for Betsson, will be working with Red Tiger clients and advising the …
Independent member of the Irish Dáil (parliamant) Maureen O’Sullivan, took the government to task this week over the lack of clarity and progress on Irish gambling laws three years after the Gambling Control Bill was passed. Warning on the potential for criminal involvement, problem gambling and money laundering, O’Sullivan alleged that there were no appropriate …
More ammunition in the drive to legalise sports betting in the United States became available Wednesday when the latest Fairleigh Dickinson University PublicMind poll found that 48 percent of Americans support changing the restrictive federal Professional and Amateur Sports Protection Act (PASPA) in order to permit sports betting more widely. Most respondents appeared to feel …
The Australian gambling industry’s performance has benefitted from developments in online technology and the consequent growth in sports betting, a new IBIS study has concluded, predicting that Australian gambling industry revenue will rise at an annualised 1.2 percent through 2020-21, and will reach A$3.7 billion by 2021. The study found that the shift to online …
Speaking on at a conference in London Tuesday, Britain’s Chancellor of the Exchequer, Philip Hammond, warned that the government would “retaliate in kind” to any state-backed cyber-attack, amid speculation about recent hacks by Russian-sponsored hackers. The topic has received extensive coverage in recent weeks following some spectacular hacks in Europe and the United States, and …
Malaysian authorities have detained twelve people following a raid involving six premises in the Nilai District. Eleven of the 12 detainees were reportedly customers. Police said the raid, which was conducted over 5 hours, culminated in the arrests and confiscation of RM2,000 in cash, along with gambling equipment valued at RM200,000.
The Ladbrokes merger with certain Gala Coral Group businesses, including Coral Retail, Eurobet Retail and Gala Coral’s online businesses, is complete. Earlier today, the listing of Ladbroke’s 1,050,455,117 Existing Ordinary Shares were cancelled and readmitted to the premium listing segment of the Official List of the UKLA and to trading on the London Stock Exchange’s …
Sportech Plc’s GBP 97.25 million acquisition discussions with Burlywood Capital LLC regarding the sale of The Football Pools (see previous reports) have failed. A statement from Sportech simply states Burlywood were unable to conclude the transaction set out in the proposal. “The Football Pools is a valuable asset which has been transformed following a lengthy …
October proved to be a good month for Macau operators for the third month running, with gambling revenue up 8.8 percent year-on-year despite wider industry fears of a renewed Chinese government clampdown on high rollers (see previous reports). The regulator reported that newly opened casino resorts boosted spending in the southern Chinese offshore territory, pushing …
Daily fantasy sports provider FanDuel has inked a deal with Mohegan Sun which will allow casino guests to sign up for fantasy sports play with FanDuel directly through the Mohegan Sun website. In addition, FanDuel and Mohegan Sun will host exclusive contests throughout the year for various sports including the NHL, MLB, NBA, EPL and …
Gauselmann Group’s Merkur Media has launched its first social casino on web and mobile platforms. MERKUR 24, offering over 100 games including popular titles such as “Double Triple Chance” and “Knights Life,” is accessible through the newly launched merkur24.nl domain or via the 24 iOS or Android application. “For a long time it has been …
Yet-to-launch real-money gaming Android app store Betcade has received approval from the UK Financial Conduct Authority as an Authorized Payment Institution (API). Considered a significant milestone, Betcade said the approval cements the brand as trusted and secure. “At the forefront of our launch remains the focus to deliver not only a trustworthy platform, but a …
Following publication of the Prospectus, Ladbrokes has changed its name to Ladbrokes Coral Group plc in anticipation of the completion of its merger deal with Coral Group which is expected tomorrow (Tuesday).