Gambling news - page 585

New live casino blackjack from Playtech

1 Sep 2016

Online gambling software and games developer Playtech plc has unveiled its 21+3 Blackjack side bet to add the perks of poker into every round of blackjack. The 21+3 Blackjack side bet is based on a player’s two cards and the dealer’s up-card. If the three combined cards form a straight, flush, three-of-a-kind, straight flush or …

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Major affiiate management company bought by Paysafe

1 Sep 2016

The online gambling industry’s top affiliate management company, Income Access has been acquired by payment solutions provider Paysafe for C$40 million. The agreement was signed by Income Access owner EcomAccess, and IA Digital Marketing and its shareholders, and includes certain software and related intellectual property from Share Results. C$28 million of the consideration is to …

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Yahoo and ESL in major eSports deal

1 Sep 2016

Yahoo Esports and major eSports tournament organisers ESL have announced a new partnership on streaming, tournaments and associated sponsorship opportunities. Fans of the ESL One and IEM events can expect to see more coverage on Yahoo as a result. “ESL is in a unique position to be able to offer access to some of the …

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Brit horseracing remains confident on new levy regime

1 Sep 2016

The British Horseracing Authority has shrugged off speculation that the Brexit issue will materially effect the implementation of the proposed new government-enforced levy on internet and retail bookmakers who accept bets on British horse races. Commenting that the government’s intention is “clear and unambiguous,” the Authority said that it remains confident that the proposed start …

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Online sports betting offenders in Vietnamese court

1 Sep 2016

The Supreme People’s Procuracy in Vietnam has announced that 63 individuals arrested in the break up of a major online sports betting ring in northern Vietnam earlier this year are to stand trial soon. Among them are To Cong Hung (34) director of Dream Weavers Online Services JSC based in Ho Chi Minh City, and …

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Macau gambling turns the corner

1 Sep 2016

Hope has surged anew in Macau, where the latest (August) gambling stats from the regulator have shown a 1.1 percent rise in gambling revenue, the first positive monthly year-over-year growth in more than two years. Gambling revenue was 18.8 billion patacas ($2.4 billion), government data showed on Thursday, at the top end of analysts’ expectations …

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888 dismisses possible merge with Rank rumours

1 Sep 2016

Speculation on a possible merger between The Rank Group and 888 Holdings following their partnership in the failed William Hill bid have been put to bed by 888 chief executive officer Itai Frieberger. Our readers will recall the two companies recently considered a merger in order to buy William Hill in a three-way deal (see …

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Valve in hot water with British Telecommunications?

1 Sep 2016

According to ESPN eSports, Valve Corporation is being sued by British Telecommunications (BT) for patent infringements in its Steam social entertainment platform and market place. A legal filing in the Delaware Federal Court, reportedly seen by ESPN, details a federal lawsuit that alleges Valve has infringed at least four patents specifically identifying its Steam Broadcasting, …

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Ladbrokes finds itself focus of UK ASA scrutiny once again

1 Sep 2016

Ladbrokes has been pulled up once again on an online promotion that the UK Advertising Standards Authority (ASA) deemed misleading in its final determination. The promotion fell short of ensuring relevant applicable significant terms and conditions were included, “where their omission was likely to mislead,” the ASA said. The complaint, referring to a promotion for …

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French olympic betting stats

1 Sep 2016

French gambling regulator ARJEL has released a general overview of online sports betting during the Rio 2016 Olympic Games. Twelve licensed sports betting operators in the French market reported generating a total of Euro 34 million in wagers during 3 to 21 August 2016, a 77 percent increase over the Euro 19.2 million wagered on …

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Tipbet integrate free eSports live streaming

1 Sep 2016

Tipbet has announced the implementation of a free Live Stream Channel for ESL eSports, supported by Betradar. The new feature combines live streams of all major events together with live scores and statistics, enabling users to watch live ESL eSports competitions while simultaneously betting with Top Odds. “Offering betting on eSports presents a unique opportunity …

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Betsoft launch new Asian-inspired title

1 Sep 2016

Software developer Betsoft has previewed its latest title, the Asian-inspired Great 88. This graphic-rich offer promises a novel bonus system along with a myriad of other features. Landing three or more Lucky Boxes anywhere on the reels award special symbols such as bronze coins that trigger multipliers, Firecracker Wilds which explode to spread to 1 …

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Skulls of Legend – New online slot from iSoftBet

31 Aug 2016

The apparently popular pirate theme has been exploited in iSoftBet’s latest video slot release, a 5 reel, 30 pay-line game branded Skulls of Legend that comes replete with symbols like ghostly ships, exotic parakeets, treasure maps, swords and cutlasses, and skulls that glow in the dark. Those glowing skulls turn into one of the main …

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The zombies are coming!

31 Aug 2016

Scheduled for release by Microgaming in the not-too-distant future is a video slot with an imaginative theme that combines the popular zombie cult with an amusing and up-to-the-minute Lost Vegas (geddit?) gambling city-located Survivors vs. Zombies scene. Lost Vegas has a slew of features, starting in the base game with 2 bonuses which can strike …

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Coral posts third quarter results

31 Aug 2016

In accordance with Listing Rule 5.6.15G(4) on the London Stock Exchange, Ladbrokes plc has published results from merged partner Gala Coral for the twelve weeks ended July 2 2016 (the third quarter), when the merger became effective. Highlights of the quarter include: * Coral Group Net revenue up over 10 percent at £264 million; * …

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Seaniemac management reacts to adverse media reportage

31 Aug 2016

Shane O’Driscoll, CEO of online gambling operator Seaniemac, has reacted to reports in the Irish media and elsewhere earlier this month which quoted a company statement that if it could not raise more investment capital it may have to cease operating, and has accumulated losses totalling $10 million (see previous  report). The subject of excessive …

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Online gaming and sports betting drive another successful half-year for 888 Holdings

31 Aug 2016

Online gambling group 888 Holdings has posted its H1-2016 results, showcasing outstanding performances from both casino and sports betting verticals, and noting the following financial highlights: * Revenue increased by 19 percent to US$262 million (H1 2015: US$220 million); * B2C revenue up by 21 percent to US$229.5 million (H1 2015: US$189.6m); * Casino revenue …

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Habanero launches Gangsters slot

31 Aug 2016

Online gambling games developer Habanero has lifted the lid on the seedy underworld of 1920s organised crime with its latest video slot title, Gangsters. This HTML5 slot takes its cue from notorious prohibition-era mobsters, with five in-game characters who offer players cash prizes or free spins when the feature is triggered by a spinning newspaper …

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Realistic Games agrees iSoftBet deal

31 Aug 2016

The UK-based online gambling games developer Realistic Games has signed an agreement to distribute its titles via fellow provider iSoftBet, using the latter’s content aggregator platform, Game Aggregation Platform. iSoftBet’s GAP offers a substantial library of third-party games from more than 20 software providers and offers operators a diversified and robust portfolio that can be …

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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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