Gambling news - page 583

OPAP feels the retroactive tax squeeze

31 Aug 2016

Greek gaming operator OPAP S.A., in delivering its consolidated financial report for the six month and second quarter period ending June 30, 2016, said results were negatively impacted by the 35 percent retroactive GGR tax imposed from January 1 2016 and stringent economic conditions. Key performance indicators include: – Gross Gaming Revenue (GGR) was down …

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New Zealand approves NZRB commingling with Tabcorp

31 Aug 2016

In its final determination, the New Zealand Commerce Commission (NZCC) has authorised the New Zealand Racing Board (NZRB) and Australia’s Tabcorp Wagering Manager to commingle totalisator horse and greyhound racing betting pools, subject to certain restrictions. The restrictions refer to the NZRB’s and Tabcorp’s take-out rates from commingled pools and the rebates or commissions that …

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Upward trend continues in Swedish market

31 Aug 2016

Sweden’s gambling authority Lotteriinspektionen, reporting on the market’s second quarter and first half 2016, said growth in the market of 4 percent was outstripped by that of unlicensed operators. In figures quoted from H2 Gambling Capital and other internal sources, Lotteriinspektionen said growth in unregulated operations within the Swedish market had grown 12 percent over …

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Mystery betting shopper at Goodwood finds fault in age restriction requirements

31 Aug 2016

The Chichester Observer reports the results of a mystery betting shopper operation, that took place at Goodwood Racecourse at the end of July, falling far short on age restricted gambling. The inter-departmental joint operation, led by the Chichester District Council, in partnership with the Sussex Police, the UK Gambling Commission and Goodwood Racecourse representatives, deemed …

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Contagious Gaming pleased with Q1 2017 results

30 Aug 2016

Vancouver-based software developer Contagious Gaming reported on its first quarter 2017 results for the period ending June 30, 2016 saying it had achieved its first quarter of positive EBITDA. First Quarter 2016 Highlights include: – Revenue of $1,091,152, an increase of 420 percent year-on-year (Q1/2016: $209,938). – Adjusted EBITDA of $190,528 compared to Adjusted EBITDA …

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China to clamp down on online operators

30 Aug 2016

China’s Ministry of Culture (MOC) has issued a warning to 26 online gaming operators ordering them to “clean up their act” following an investigation into illegal online cultural activities. The Ministry warns of an increase in penalties if online gaming operators do not rectify identified violations which range from running banned games to failing to …

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Another Asian content deal for Betsoft

30 Aug 2016

Online gambling software and games developer BetSoft has clinched another deal with an Asian-facing operator, this one with Code Cloud, which will carry the full BetSoft gaming suite on its Xile99.com website. “Xile99.com is an up-and-coming name to watch in the Asian market,” said Joya Zhang of Betsoft. “They are off to a strong start …

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Betsafe signs as sponsor for Sheffield United FC

30 Aug 2016

Football League One club Sheffield United FC has inked a single season sponsorship and official betting partner agreement with online gambling operator Betsafe. The deal gives Betsafe publicity and social networking exposure through club media vehicles, along with stadium and kit branding opportunities.

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Aussie gambling giant in new advertising and publicity drive

30 Aug 2016

The Australian land and online gambling group TAB has launched a new brand repositioning and publicity campaign titled ‘We Love A Bet’ which highlights the company’s role in providing unique social and memorable moments that punters experience when placing a bet. The campaign includes advertising across television, radio and digital platforms, and kicked off last …

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Thunderkick’s Spectra launches this week

30 Aug 2016

Thunderkick is set to release its latest online slot this week with the September 7 launch of Spectra, a sci-fi themed game. Spectra offers 5 reels and 30 pay lines, and features sticky wilds, wild nudge, and wild respins.

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Openbet acquisition boosts NYX Gaming H1-2016 performance

30 Aug 2016

Online gambling software and games developer and platform provider NYX Gaming released its Q2-2016 and H1-2016 results Monday, highlighting the following performances: * Q2 revenue up 230 percent year-on-year to C$35.2 million; * H1 revenue up 165.9 percent y-o-y at C$54.9 million, with management attributing much of the growth to the GBP270 million acquisition of …

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LVBet signs as sponsor for German ice hocket team

30 Aug 2016

Online sports betting operator LVBet has announced that it has signed a sponsorship deal with the German ice-hockey team Kölner Haie in time for the start of the new Deutsche Eishockey Liga season next month. The deal makes LVBet the team’s official betting partner, with several branding, social networking and publicity opportunities, including the operation …

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Big win at Bovada?

29 Aug 2016

According to a Bovada Casino presser, Norman G. from California hit a progressive jackpot on Rival Gaming’s March release title “Five Times Wins” this past weekend bagging a hefty $257,795.30 prize.

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Evolution Gaming to take Hippodrome online

29 Aug 2016

Live casino solutions provider Evolution Gaming has clinched a deal with London’s Hippodrome Casino for the launch of both an online Live Casino service and a “Live from The Hippodrome” feed streamed to Evolution’s complete network of licensees. The Hippodrome’s own Live Casino service will be built around Evolution’s generic live tables, located at Evolution’s …

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Betfred title sponsor of World Lightweight boxing match

29 Aug 2016

Betfred was named title sponsor of the upcoming World Lightweight bout between Anthony Crolla and Jorge Linares scheduled for September 24 at the Manchester Arena. The bout between the Englishman and the Venezuelan, which will be televised live on Sky Sports, is expected to be a blockbuster. “We are delighted to be sponsoring such a …

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Operation Dadu back in action

29 Aug 2016

Malaysian authorities arrested 20 people this past weekend following raids on four online gambling premises n Taman Sri Mawar, Mambau Town, JAlan Tun Dr Ismail and Jalan Zaaba. “We were tipped off by the public two days ago,” District police chief assistant commission Muhamad Zaki Harun said. “After making our own observations, we took action”. …

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Club Deportivo Leganes extend partnership with GoldenPark

29 Aug 2016

Spanish La Liga football club Club Deportivo Leganés has extended its sponsorship agreement with MGA’s sports betting brand GoldenPark for the 2016/17 season. MGA is a leading Spanish-based operator of todoslots.es and Goldenpark.es both of which are powered by gaming and sports betting platform provider OPTIMA. The extension will see GoldenPark’s logo feature on the …

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Ladbrokes expands Aussie sponsorship roster

29 Aug 2016

Ladbrokes has been named a Major Associate Partner and Official Betting Partner to Australian professional men’s basketball team, the Brisbane Bullets. “We’re incredibly proud of the footprint we have been able to make in Australia both as a wagering operator and supporter of key sport and racing clubs,” Ladbrokes Digital Australia chief executive officer Dean …

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GVC and IGT awarded Romanian licensing

29 Aug 2016

GVC Holdings and International Game Technology are the latest to receive licensing from the Romanian National Gambling Office (ONJN). The ONJN granted GVC Holdings a full and permanent 10-year licence to operate sports betting and casino games in the country, via its fully owned subsidiary, Headlong Limited. In addition, the Group was also awarded a …

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eSports hits the road

29 Aug 2016

The eSports league developer ELC Gaming has invested in a mobile broadcasting and venue presence it has christened Big Betty to tour European venues broadcasting events and promoting the ELC League. The concept arose from discussions between Ian Langstaff of WinMedia and John Hannigan, an executive with Allied eSports Property Network, which owns ELC Gaming. …

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PAGCOR ordered to sell off gambling assets

29 Aug 2016

Having all but dismembered the online gambling industry, the Philippines government of President Rodrigo Duterte has now focused on the land casino interests of state-owned Pagcor as a possible source to fund the national budget. Philippines media reports Monday are that Pagcor chief Andrea Domingo has informed a parliamentary budget committee that the organisation has …

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Lobbying relationships raise concerns in California

28 Aug 2016

Questions have arisen in California over possible relationship conflicts between the latest lobbying hire by the Pechanga tribe and Assemblyman Adam Gray, the main driver of the current online poker legalisation bid presently bogged down on a ‘bad actor’ clause (see previous reports). The Pechanga tribe is one of the most vociferous proponents of the …

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Online operations are outshining land results in Atlantic City

28 Aug 2016

Using numbers from the New Jersey Division of Gaming Enforcement, a Press of Atlantic City op-ed piece over the weekend concluded that at 31.7 percent the year-on-year rise of Atlantic City online gambling win in H1-2016 eclipsed the 0.6 percent delivered by land casinos in the same market, and probably did so at a cheaper …

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GVC develops exclusive online slot for Danske Spil

27 Aug 2016

GVC Holdings has announced the release on an exclusive basis to Danske Spil of a new slot developed by its in-house team and themed on Denmark’s most successful ever pop act, Aqua, who shot to fame with their 1997 smash hit and all round ear-worm, Barbie Girl. Launching simultaneously on desktop and mobile, the new …

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