After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes. A report in the Khmer Times revealed Friday that government ministers and private industry stakeholders gathered to discuss the latest draft of the changes, which deal mainly with land casino operations but …
Online gambling software and games provider NYX Gaming has inked an exclusive intellectual property agreement with Endemol Shine Gaming that will see new games added to the the NYX Open Gaming System. The first game due for release will be Oliver Twist next (November) month. The new game will be a 5 reel video slot …
The American Gaming Association’s support for a more liberalised sports betting environment in the United States has been increasingly evident this year, and it could have been influential in persuading Congress to take another look at the Professional and Amateur Sports Protection Act. PASPA, as it is widely known, restricts legal sports betting to just …
The Swedish online gambling software and games provider NetEnt has issued its quarterly and January to September interim reports, again showcasing positive numbers thanks to new products, new markets and new licensees. The Q3-2016 highlights included: * Revenues for the third quarter up by 27.7 percent year-on-year to SEK 357.4 (279.8) million; * Operating profit …
There is wide reportage this morning in the UK media on an upcoming probe of online gambling companies by the Competitions and Market Authority, triggered by complaints from punters that some operators are not being fair in the offering of promos and the application of T&Cs. Anyone visiting player forums and mediation websites will be …
South Korean eSports fans are bemoaning the demise this week of 14-year veteran eSports league Starcraft ProLeague. Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity. In a rather long-winded statement, KeSPA chairman Jun Byung-hun …
Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games. The announcement reveals that Novomatic has filed a lawsuit with the Berlin District Court against Euro Game Technology, a company headquartered in Sofia, Bulgaria, as …
Last week’s arrest and continued detention of 18 Crown Resorts Chinese staff and three visiting Australian execs involved in high roller promotions (see previous reports) are still creating industry ripples as operators and investors alike try to figure out whether this is the start of a wider Chinese government crackdown on gambling. Fast-moving events this …
A special Malaysian police task force raided an illegal online gambling venue in Kuala Lumpur this week, arresting two individuals and seizing 43 computer sets and other evidence of illegal online gambling. Police spokesman Superintendent Mohd Shokri Abdullah said the raid was mounted following an informant tip-off, and that the illegal enterprise had been operational …
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites. Trenor’s punishment could have been more severe, but he cooperated with …
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million. The company retains a first option to buy the remaining ten percent from CEO Allen Richardson, who will remain with the company for a minimum of …
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week. The operator formerly offered major North American pro sports in leagues like the NFL, NBA, NHL and Major League Baseball. The …
Online gambling operator Fortuna Entertainment Group Nv has announced a sponsorship deal for an undisclosed consideration with the Czech Football Association (FAČR), effective from the 2018-19 season for six years. The agreement covers all competition categories, including first league and national team activity, and grants Fortuna naming rights. In a company statement Thursday Fortuna said …
Our readers may recall a story that surfaced last month in which allegations were made that there was suspected collusion in a million dollar fantasy sports competition at DraftKings. Chicago-based player Martin ‘papagates’ Crowley (23) Was a winner in the competition, triggering speculation that he may have colluded with his brother Tom, who had won in …
Online gambling operator Betway has become the latest bookmaking firm to agree to voluntary payments over the next three years to the British Horseracing Authority in return for accreditation as an Authorised Betting Partner. The benefits of becoming an ABP include the ability to negotiate sponsorship or commercial marketing rights; access to discussions with racing …
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016. Financial figures include Coral Retail and Eurobet Retail and Online, but exclude Gala Retail. Trading in the 12 week period was positive with total Coral Group …
Betsson has posted a strong third quarter report with operating income up at SEK272.9 million on a lower margin of 25.7 percent, flagging the following highlights: * Revenue up 9 percent to SEK 1,063.3 (972.9) million; * Casino revenue up 11 percent at SEK 731.8 (656.8) million; * Sportsbook revenue up 9 percent at SEK …
Legal and legislative developments since it was acquired last year by FanDuel have resulted in daily fantasy eSports operator Alphadraft advising its players this week that it is closing down. The closure is effective tomorrow (October 21) following the conclusion of the League of Legends World Championship, with players advised to withdraw any positive balances. …
The global sports market continues to offer good potential for operators and investors, according to a new study by the independent research company Technavio, which estimates that by 2020 the international online and retail market will be worth $253.3 billion after maintaining a compound annual growth rate of 4.26 percent. Ujjwal Doshi, lead analyst at …
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain. A company statement advises that the multi-channel deal spans both retail and online, and will see …
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS). The purpose of the agreement is to establish a co-operation to help safeguard the integrity of sports and betting, a company statement advises, explaining that under the agreement Unibet will exchange information with EWS and will …
The Gaming Standards Association (GSA) has welcomed fourteen new members to its ranks. New members comprise Amatic Industries, APEX Pro Gaming, Ares Way, Casino Flex Systems International, Combination AB, Gaming Consultants International, Ganlot Inc., Innovative Technology Limited, Kobetron, Onetill Pty Ltd, Smartgames Holdings, Seoul National University of Science and Technology, Techno-Consult GmbH and Universal de …
The Pennsylvania House Gaming Oversight Committee heard from the Poker Players Alliance (PPA) as it resumed discussions regarding online gambling legislation today (Wednesday). Executive director John Pappas urged the General Assembly to enact iGaming legislation this year, saying: ”There is no policy or political justification for delaying regulation of Internet gaming in Pennsylvania. Each and …
According to the Shanghai Daily, three Australian Crown Resorts Ltd’s executives remain detained in a Chinese detention centre. The head of the Australian casino group’s VIP International team, Jason O’Connor, was identified as one of the three Australian detainees by officials, who said it was presently unclear when or if charges will be laid and …