Gambling news - page 579

Betfair in Aussie licence switch

10 Sep 2016

The Australian operation of online betting exchange Betfair, which has been a wholly owned subsidiary of local casino operator Crown Resorts since 2014, has announced that it is switching its licensing jurisdiction from Tasmania to the Northern Territory, but will maintain a physical presence in Tasmania, where it employs a staff of 50. The Northern …

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Adelson sounds off against daily fantasy sports

9 Sep 2016

In a follow up to an earlier Yahoo interview discussing his plan to build a new $1.9 billion football stadium and bring the Oakland Raiders to Las Vegas (see previous  report), land gambling mogul Sheldon Adelson left no room for doubt on his antipathy to daily fantasy sports, which appears to be as strong as …

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Betsoft to supply games to B2B platform provider

9 Sep 2016

Online gambling games developer BetSoft has announced a partnership agreement which will see its full suite of desktop and mobile games integrated into Gamingtec’s B2B platform. “Gamingtec is a dedicated and comprehensive platform provider,” said Tom Nyborg of Betsoft. “Their growth has been phenomenal, a great indicator of the success they will achieve in this …

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Philippines impact for leisure and resorts

9 Sep 2016

The shoot-from-the-hip online gambling policies of new Philippines national president Rodrigo Duterte impacted Leisure and Resorts World Friday as state-owned Philippine Amusement and Gaming Corporation ordered the company to shutter 53 of its e-gaming and electronic bingo venues. The shutdowns were revealed when Leisure and Resorts World reported the issue as a material development to …

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Chinese online gambling operators arrested by Philippines immigration

9 Sep 2016

In the Philippines, Bureau of Immigration Commissioner Jaime Morente told local channel TV5 Friday that 154 Chinese nationals involved in illegal online gambling were arrested this morning in a raid on a rented building in Clark Field, Angeles City, Pampanga. The raid followed an intensive investigation and surveillance of the offenders’ activities that lasted for …

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Online casino operator to sponsor top UK television program

9 Sep 2016

Online casino operator Sky Vegas has inked a deal making the company the official broadcast and off-air sponsor of the popular UK television show Celebrity Juice screened by ITV2. The celebrity panel show is hosted by comedian Keith Lemon, and the Sky Vegas sponsorship is to run for the next 13 weeks, replacing previous sponsor …

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Massachusetts panel to study online gambling and DFS

9 Sep 2016

The Massachusetts online gambling scene awoke from its current slumber this week with the news that the state Gaming Commission has unanimously voted to appoint chairman Steve Crosby as its representative on a new panel that will study online gaming and daily fantasy sports in hopes of informing future policy decisions. The panel and its …

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Italian online gambling market continues to prosper

9 Sep 2016

Latest numbers from the Italian regulator indicate continued prosperity in Italian online and land gambling, with sports betting turnover in both land and online sectors totalling Euro 512 million in August, made up of online Euro 309.7 million and land Euro 202.3 million. The August numbers boost turnover for the year to date by 17 …

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Is Sheldon confused?

9 Sep 2016

Arch anti-online gambling land casino owner Sheldon Adelson appears to have double standards when it comes to daily fantasy sports, according to a report in the publication Online Poker Report this week. In an interview in which the position of the National Football League on DFS was discussed, the casino tycoon observed that the assumption …

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Online betting exchange Smarkets is on a roll

9 Sep 2016

The relatively new Malta and UK-licensed online betting exchange company Smarkets has reported a more than 1,500 percent profit rise in 2015, despite its late entry into a very competitive space. According to reports in the UK business media, Smarkets reported in its first audited annual results that more than GBP 1 billion in trades …

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American Gaming Association ramping up legalised sports betting efforts

9 Sep 2016

The American Gaming Association’s increasingly aggressive campaign for the legalisation of sports betting at state levels in the United States received a major boost as the current NFL season got underway this week. Using social media and other channels, the Association drew attention to an infographic on its educated estimate that the season will see …

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New provider for UK daily fantasy sports market

9 Sep 2016

Global Daily Fantasy Sports, a publicly traded company on Canada’s TSX Venture Exchange, will be entering the DFS market in the United Kingdom as a B2B supplier later this year, according to chief operating officer Justin Shulman. The move is part of a European-facing business initiative which will see the company target regulated markets, aided …

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GameAccount clinches second new york state deal

9 Sep 2016

Gambling software provider GameAccount Network (GAN) has unveiled details of a previously announced but undetailed agreement with a native American casino operator, revealing that the customer is the Oneida Indian Nation. GAN’s B2B software, which provides social media casino games, will be integrated into Oneida’s Turning Stone Resort Casino in central New York State. In …

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Betsson to acquire TonyBet holding company

8 Sep 2016

Betsson AB, an online gambling firm listed on Sweden’s Stockholm exchange, announced Thursday that it has agreed to acquire the privately owned gaming operator Lošimų strateginė grupė, UAB, trading as TonyBet in Lithuania. TonyBet is the second largest licensed online operator in Lithuania, and through the acquisition the Betsson Group will strengthen its foothold in …

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Playtech sports division top management team strengthened

8 Sep 2016

Playtech Sports has significantly strengthened its management team with a trio of senior appointments ahead of a number of large-scale Playtech ONE projects, and recent acquisitions including leading sports software provider BGT see previous reports). Richard Andrew has joined Playtech Sports as chief operating officer (COO) from The Hong Kong Jockey Club; Danny Angus has …

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Online gambling operator strengthens Eastern European presence

8 Sep 2016

Norwegian-listed online gambling corporate Gaming Innovation Group has announced a new agreement that strengthens its presence in Eastern Europe, revealing that it is to supply platform services to Niké, a major betting operator in the Slovakian market. Niké, a widely and well established retail operator, is taking the GIG iGaming Cloud platform on board as …

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Will Hill’s new Double Down betting product is legal, firm claims

8 Sep 2016

Despite the toxic political and media climate in Australia regarding in-play betting, William Hill’s Aussie division is reportedly pushing ahead with its new Double Down product, claiming that it does not infringe local laws and raises “no issues or concerns.” The online product allows mobile punters to double the value of their wager, at a …

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UK regulatory chief says industry does not contribute enough to problem gambling solutions

8 Sep 2016

Speaking at the World Regulatory Briefing conference in London this week, the UK Gambling Commission head, Sarah Harrison, suggested to the gambling industry that a greater commitment to combat problem gambling through voluntary funding was needed…and hinted that if this was not forthcoming “a more robust arrangement” imposed on the industry may prove necessary. Comparing …

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Social media self-promoter launches daily fantasy sports venture

8 Sep 2016

With a social media fan base of around 30 million, the high-living, self-promoting Dan Bilzerian clearly has the mix right when it comes to creating an interesting image, and he is now leveraging this in a new venture into the daily fantasy sports sector. Bilzerian’s extravagant lifestyle and over-the-top antics with models, private jet travel …

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Scientific Games shares soar on new strategy decision

8 Sep 2016

A statement issued Wednesday by the Scientific Games land and online gambling supplier boosted its share price by 22.2 percent in a clear indication that investors like what they are seeing from the new management of Kevin Sheehan (see previous  reports). The announcement that created all this positivity detailed a management decision to designate its …

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Mediatech Solutions in online gambling partnership with Cambodian gaming network

8 Sep 2016

Omni-channel gaming platform provider Mediatech Solutions has agreed a deal with Global Gaming Network to explore opportunities in the fast-emerging Cambodian market. The agreement will see Mediatech lend its omni-channel expertise to a number of projects within Cambodia’s regulated gaming market. Mediatech Solutions’ head of Asia-Pacific Tom Moester said: “We are delighted to have entered …

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Two new games at WinADay Casino

8 Sep 2016

WinADay Casino.eu has announced the launch of two new proprietary video poker games branded All American and Deuces & Joker Wild. Both games are single-hand variations of the classical Jacks or Better, with each offering different strategies for the highest return. All American has a higher payout for Straight Flush, Straight and Flush winning hands …

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Cyprus betting licenses available next month

8 Sep 2016

The Cyprus National Betting Authority has announced that online sports betting licenses will be available to suitable applicants with effect from October 3rd this year. This positive development for the industry is however somewhat clouded by the tough tax and licensing fees set for successful applicants: * On application, operators must have Euro 500,000 in …

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Getting rid of PASPA could generate big money for U.S. states

8 Sep 2016

Efforts by the American Gaming Association to promote the idea of more widely permitted legalised sports betting in the United States have become increasingly obvious this year, with the trade association holding discussion groups and political panels, and frequently pointing out the potential should the restrictions imposed by the Professional and Amateur Sports Protection Act …

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