Gambling news - page 590

Baazov severs ties with Amaya

13 Aug 2016

This week’s surprise announcement came from Amaya, which reported that its suspended CEO, David Baazov, has left the company altogether and that interim chief exec Rafi Ashenazi has accepted the post as a permanent position. Our readers will recall that Baazov voluntarily took suspension at the beginning of this year as he fought to clear …

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Online gambling purge in the Philippines continues

12 Aug 2016

President Rodrigo Duterte’s purge of online gambling in the Philippines looks about to widen following comments Friday by PAGCOR chief Andrea Domingo, who confirmed the company will be investigating and reassessing the activities of special freeport zones like CEZA that issue licenses to foreign online gaming firms. The First Cagayan regulatory and licensing jurisdiction operates …

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Russian regulator keeps the pressure on illegal internet gambling

12 Aug 2016

The Russian Internet regulator Roskomnadzor continued to show its teeth this week, communicating with banks to warn them to review and remove illegal (blacklisted) online gambling sites from their systems in order to disrupt financial transactions, and revealing that in the first week of August alone the regulator has imposed ISP blocks on 350 unlawful …

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DFS operator introduced integrity team

12 Aug 2016

Daily fantasy sports market leader DraftKings has announced the formation of a Game Integrity and Ethics Team which will be responsible for ensuring that action on the site is at all time fair and ethical. The move follows a similar initiative by rival FanDuel, which launched a bill of rights for players a week ago. …

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Chinese search engine cleared on internet gambling advertising charges

12 Aug 2016

The Beijing Cyberspace Administration has concluded its investigation into the appearance of online gambling advertisements on the Baidu search engine (see previous reports) and on Thursday issued a statement on the issue. The Administration accepted that there was no unlawful intention on the part of Baidu, but ordered the company to improve the assessment of …

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Mecca adds more Playtech content

12 Aug 2016

Online gambling software and games supplier Playtech plc has announced that it has added three of its biggest Omni-channel slot titles to Mecca’s 12,000 Mecca Max handheld tablets across 87 U.K. bingo clubs. The addition of Playtech Omni-channel title Fortunate 5 – also available on terminals within Mecca Bingo’s clubs – Bounty of the Beanstalk …

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Pariplay and iSoftBet in content agreement

12 Aug 2016

Online gambling software and technology providers PariPlay and iSoftBet announced a partnership agreement Thursday that will see the two companies distributing each other’s games through their content aggregator networks – Fusion and Game Aggregation Platform respectively. iSoftBet’s entire selection of online and mobile casino games will be available to operators integrated with Pariplay’s Fusion network. …

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Mybet continues to struggle in H1-2016

12 Aug 2016

Mybet Holdings has posted its H1-2016 results, reporting: * Online revenues in decline, with online casino down 25 percent year-on-year to Euro 8.3 million, and online sports betting revenue down 35 percent at Euro 4.4 million; * Group revenue down 16 percent at Euro 24 million; * EBITDA a loss of Euro 1.3 million (H1-2015: …

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Losses reduced at Intertain

12 Aug 2016

The Canadian online gambling operator Intertain has posted an improved second quarter on a year-on-year basis, reducing losses by 44 percent to Cdn$27.5 million, boosting revenue by 22 percent to Cdn$ 118.8 million and generating an adjusted EBITDA up 34 percent to Cdn$43.4 million. A positive performance by the Jackpot Joy subsidiary is credited for …

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Thunderkick’s latest slot has a Russian flavour

12 Aug 2016

Traditional Russian dolls give Thunderkick’s latest game its title and theme – Babushkas, a 5 reel 17 pay-line game with a claimed RTP of 95.8 percent. The dolls dance to celebrate a big player win, and can be combined to produce enhanced rewards, whilst decorated eggs open to reveal bears that can deliver bonus features …

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Trada online casino adds adds iSoftBet games to inventory

12 Aug 2016

The Isle of Man-based online casino operator Trada Casino has announced the addition of another sixty games to its gaming suite following a content agreement with London games developer iSoftBet. The new additions join games from NetEnt, Microgaming and Pariplay on the site, and include popular products like Shaolin Spin, Alice Adventure, Spooky Family and …

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Acquisition fight for Will Hill not over yet

11 Aug 2016

William Hill plc’s rejection of the GBP 3.16 billion 888-Rank acquisition bid this week has not deterred the bidders, who embarked Wednesday on a campaign to progress the venture, intimating that they remain open minded on pricing and laying out a raft of merger advantages in a detailed explanatory statement clearly aimed at shareholders (see …

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Daily fantasy sports now officially legal in Massachusetts

11 Aug 2016

Daily fantasy sports is officially permitted in Massachusetts – the eighth US state to approve the vertical. This week state governor Charlie Brown signed into state law a major economic development bill that included DFS provisions. The bill was approved by the legislature last week and sent to the governor’s desk; it allows any fantasy …

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New UK sportsbook hires well-known broadcaster

11 Aug 2016

Swiss-based Argyll Entertainment’s new UK-facing online sportsbook Betonbrazil.com will be fronted by ex-Scottish International footballer turned award-winning broadcaster Alan Brazil, the company announced Wednesday. The new site has pledged to offer punters a full range of sports betting and entertainment that includes discussion panels and sports news, along with video, audio and print content and …

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Yggdrasil introduces new replay feature to its games

11 Aug 2016

Swedish online gambling games developer Yggdrasil claimed in a statement Thursday that it has launched a “revolutionary” new promotional tool which allows punters to watch the replays of winning spins and share them with friends and fans on social channels. The company has appropriately titled its innovation BRAG, and it comes as a player-facing subsection …

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Philweb latest

10 Aug 2016

Media reports from Manila Wednesday are that the recently resigned chairman of Philweb, Roberto Ongpin, has announced that he is to sell his 53.76 percent stake in the company in what he claims is a last ditch effort to save the jobs of 5,000 employees, whilst PhilWeb president Dennis Valdes said he hopes for a …

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Online gambling firm owner among world’s top woman billionaires

10 Aug 2016

Online gambling entrepreneur Denise Coates placed second with a fortune of $3 billion on a list of 5 women billionaires which Forbes magazine stripped out of the world’s 100 richest people this week. Along with her family, Denise Coates owns the bet365 group she founded as a start-up, which grew its profits by $900 million …

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Everygame launch with EveryMatrix

10 Aug 2016

Just launched, EveryGame.com is a new online gaming operation built on the EveryMatrix platform offering online casino and live casino games from Microgaming, NetEnt, Play’n GO, Evolution Gaming, NYX and iSoftBet as well as sportsbetting across web and mobile platforms. Marketing itself as “without the overwhelming flash”, EveryGame offers a simple user interface with a …

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888/Rank consortium set out acquisition rationale

10 Aug 2016

888 Holdings and The Rank Group (888Rank) consortium have published their rationale on the benefits a combined business will bring following William Hill’s outright rejection of its bid and further non-engagement with the consortium. 888Rank says it believes the Proposal represents a compelling value creation opportunity for William Hill and its shareholders and welcomes the …

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Bet-At-Home admitted to selected indices on Frankfurt Stock Exchange

10 Aug 2016

Bet-at-home.com AG has notified receipt of admission to the Regulated Market of the Frankfurt Stock Exchange “Prime Standard” by Deutsche Börse AG today. The change from the Entry Standard to the Prime Standard is intended to increase the attractiveness of the bet-at-home.com share through the necessary compliance and “highest transparency requirements” demanded by the segment, …

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MGA categorises DFS as skill games

10 Aug 2016

The Malta Gaming Authority (MGA) has said it differentiates fantasy sports from games of chance in terms of licensing and regulation due to the element of skill and knowledge involved in the vertical. This determination relates specifically to fantasy sports where players choose virtual representations of real-life athletes, where the value and points attributed to …

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LeoVegas growth strategy bearing fruit

10 Aug 2016

Online gaming operator LeoVegas delivered a strong second quarter report for the period ending June 30, 2016 but growth was described as entirely organic due to the impact of costs associated with the launch of its new LeoVegas Sport and LeoVegas Live Casino verticals. Key performance indicators for the 12 week period ending June 30, …

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ASA warn Coral Interactive

10 Aug 2016

A promoted tweet from Coral Interactive’s Twitter account was the focus of the UK Advertising Standards Authority this week. The tweet said: “The easiest £40 you’ll make this week! Stake £5 on 5/4 Real Madrid to beat Man City and get paid out at 8/1”. An image below the text showed a woman holding a …

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Extreme Live Gaming appoint COO

10 Aug 2016

Live dealer provider Extreme Live Gaming has appointed Dominic Bourke as chief operating officer. Bourke, who has spent a decade in the industry, previously served as head of casino for Betclic Everest Group, prior to which he held a similar position at SportingBet.

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