The Israeli founders of online spread betting and CFD firm Plus500 (which Playtech’s Teddy Sagi nearly bought last year) have taken advantage of a good 2015 performance by the company to sell off a substantial chunk of their holdings, between them selling over $130 million’s worth of shares. Alon Gonen and Gal Haber respectively sold …
Good things have evolved from start-up website builder Ucraft’s work on the Spring Builder platform project with BetConstruct earlier this year…the software and platform provider has subsequently made an unquantified investment in the start-up. BetConstruct may have also been attracted by the obvious interest in Ucraft’s business – the start-up has already gained 5,000 subscribers …
The issue of certain state-linked commercial organisations being granted exemptions from Singapore’s tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument (see previous reports). On Thursday a new chapter on the issue opened when the government’s Ministry …
The stigma of cheating has surfaced again in the daily fantasy sports sector following allegations that two players colluded in a million dollar contest at DraftKings. The operator has confirmed that it is investigating the conduct of two winners in its “Fantasy Football Millionaire” competitions. The allegations involve two brothers, and centre on the fact …
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organise distribution of Chopsticks games through its online, mobile, social and land-based channels. The two companies have agreed to work closely together to hand-pick a selection of …
Slot designers and marketers will all benefit from the second three-day slot development workshop presented by the highly experienced Ashley Sandyford-Sykes from Microgaming, scheduled to take place on the 25 – 27 October 2016 in Amsterdam under the auspices of the Totally Gaming Academy. Sandyford-Sykes has experience in the development of over a hundred popular …
The British Basketball League has agreed a six-year deal with Perform, a digital sports content and media group, for the distribution and sale of all global media-related rights. Perform will manage the broadcast and digital rights for all BBL games, including exclusive streaming and data rights for Perform’s Watch&Bet and RunningBall products. The long-term commitment …
Online gambling operator Betway has bolstered its eSports activities by signing a sponsorship deal with one of the world’s top eSports teams, the Sweden-based Ninjas in Pyjamas. The deal sees Betway become the first UK-based bookmaker to directly invest in an eSports team, with a high six-figure agreement that includes on-shirt branding, content usage rights, …
Stakelogic, a Malta-based games developer in the Novomatic Interactive group, has announced the launch of its latest online slot, a 5 reel, 40 pay-line game with a film noir theme titled John Doe. The game features extensive animation, an intriguing story-line, generous bonus action and reels filled with original and imaginative graphics depicting a crime …
The Singapore Ministry of Home Affairs has reported on enforcement progress on the Remote Gaming Act, legislation designed to halt illegal online gambling in the Asian nation. A Ministry spokesman revealed Thursday that since the Act came into force on February 2 last year more than 120 people have been arrested under its provisions, which …
The Nevada Gaming Control Commission released its statistics for the month of August 2016 Thursday, reporting that statewide gaming revenue fell 5 percent year-on-year to $860.7 million, with the Las Vegas Strip turning in a poor performance with revenues down 15 percent at $451 million. Table games, and especially baccarat, continued to struggle. Sports betting …
The US Securities and Exchange Commission announced Thursday that online gambling supply company International Game Technology has agreed to pay a fine of $500,000 for side-lining an employee who reported the company to the SEC regarding the IGT cost accounting model. IGT conducted an internal investigation into the whistleblower’s allegations and determined that its reported …
The Israeli newspaper “Globes” published an interesting article Wednesday, ranking top Israeli high-tech entrepreneurs and billionaires in a list of 29 that includes six who made their fortunes from online gambling: * Teddy Sagi: 44 and worth NIS 17 billion, he has made his money from online gambling platform developer Playtech and other companies including …
The directors of the publicly-listed European online gambling group Unibet have advised shareholders that they are considering a name change to Kindred Group plc in order to improve “synergy, clarity and flexibility” for the larger group. Chairman Anders Ström explained in an advisory to investors: “In this rapidly changing industry, clarity is essential. This is …
UK online gambling games and platform supplier Gaming Realms and Express Newspapers – publisher of the Daily Express and the Daily Star newspapers – have agreed a real-money social gaming partnership that will see the launch of two social gaming websites branded Star Wins and Express Wins. Gaming Realm’s gaming division, Bear Group, will execute …
John Haddock, chief executive of Betfred for the past two years and a 30-year veteran with the company, has stepped down, according to local media reports which indicate that chairman and founder Fred Done has temporarily taken over his responsibilities until a replacement can be found. No reasons for the sudden resignation have been given, …
Microgaming has released details on its latest slot, Lost Vegas which launches in October and allows players to decide whether they want to play as either Zombies or Survivors …and they can switch sides at any time. The theme exploits the popularity of the “undead” trend and is set in a post-apocalyptic Las Vegas in …
GVC has followed up on its agreement to carry Microgaming Quickfire games (see previous report) with a similar multi-year deal with games developer iSoftBet. Under the terms of the deal, iSoftBet will supply more than 40 HTML5 and Flash slot games from its portfolio to GVC’s online and mobile casino line-up, starting later this year. …
In a paper published by the International Law Office, Macau legal firm Rato, Ling, Lei and Cortés lawyers have suggested that the legalisation of online gambling could provide a much-needed fillip to the island’s gambling industry and “breathe new life” into what was once a booming market. Partners Pedro Cortés and Manuel Moita wrote: “It …
The Cambodia Daily newspaper reports that police in Poipet have shut down an online gambling company being run out of a karaoke parlour, and have interrogated 63 Chinese nationals associated with the enterprise. However, it appears that miscommunication between government departments may be at the heart of the problem. Ministry of the Interior security officials …
A growing number of US publications are picking up on the introduction to the US Senate last week of bill S.3376 aka “RAWA v.2.0” ( see previous reports). Among recent reports is one from the Washington Post, which identified Republican Senators Mike Lee (Utah) and Lindsey Graham (South Carolina) as co-sponsors for Arkansas Senator Tom …
Piers Morgan, described by online and land gambling group Paddy Power as “Britain’s biggest loudmouth”, is the front man for the company’s latest television advertisement, which focuses attention on the upcoming USA vs. Europe Ryder Cup golf competition. The former newspaper editor, TV personality and egotist reveals in the amusing production that he’s backing America …
Amaya’s sports betting business BetStars is significantly expanding its U.S. sports offering to include 348 new betting markets across American Football and Major League Baseball (MLB). Zeno Ossko, managing director for BetStars believes the addition of the new markets gives BetStars customers more chances to test their sports smarts, both before and during games, and …
GVC will enhance its online casino offer in Spain, Belgium and Bulgaria following a new content supply deal with Microgaming’s Quickfire. Microgaming-powered Prima Networks Limited will supply over 50 new titles to GVC’s recently acquired bwin Casino, PartyCasino and Party Poker gaming sites within the coming weeks. “This is an important supply deal for us …