Multi-billionaire entrepreneur Carl Icahn has apparently decided to cut his losses on his Trump Taj Mahal casino investment following battles with the New Jersey government and local trade unions. Presidential candidate Donald Trump has not been involved in the business for several years, although he allowed the Trump branding to remain. On Wednesday the Associated …
Playtech has announced the launch of SunBets for the Australian betting giant Tabcorp in partnership with a partnership with media company News UK, describing the enterprise as “a comprehensive, business intelligence-enabled Casino and Live Casino offering” equipped with quality games from Playtech. The gaming suite includes the Age of the Gods series and forthcoming Warner …
Online gambling games developer start-up Gamevy has signed up to supply its innovative range of games to the Quickfire platform, a statement Thursday announced. In a relatively short space of time Gamevy has become respected for its original skill gameshows, such as The Heist and Gears of Fortune, where players prove their skill by answering …
Bellevue, Washington state-based online video gaming group Valve, which is the leading provider of games used in eSports competitions, has signed up for nine floors of offices in a new office tower in the city, located on Lake Washington opposite Seattle. Valve has leased 225,000 square feet of prime office space on floors 11 to …
Malaysian police spokesman Datuk Amar Singh Ishar Singh told local reporters in Kuala Lumpur Wednesday that 15,323 computer sets have been confiscated by police in illegal online gambling raids in the city between January and end-July this year. 2,531 individuals associated with the illegal enterprises had been detained, and significant amounts of cash and evidence …
Penn National Gaming (Penn) has acquired social gaming company Rocket Games for a consideration that could potentially reach “up to $170 million”. Penn will pay $60 million in cash, as well as earn-outs of up to $110 million based on company performance over the next two years. Based in San Francisco, Rocket Games was co-founded …
Those with interests in the New York State daily fantasy sports (DFS) market will learn the future of the popular pastime within the next ten days. A bill, legalising and regulating daily fantasy sports, which was passed by the Legislature mid-June this year (see previous reports) reportedly landed on New York State Governor Andrew Cuomo’s …
French regulatory authority ARJEL has strengthened ties with the International Olympic Committee (IOC) in anticipation of the start of the Rio 2016 Olympic Games later this week. Previous cooperation during the London and Sochi Olympic Games has been extended to Rio in the fight to preserve sports integrity and ARJEL has committed again to comprehensive …
William Hill has expanded is football sponsorship portfolio with the addition of English Premier League club Tottenham Hotspurs. The betting and gaming firm was named Official Betting Partner for Europe and Australia for the next two seasons beginning 2016/17 and provides an option to renew. This is William Hill’s second high profile sponsorship in a …
Australian gaming firm Tatts Group confirmed it is in “exclusive” acquisition talks with Greek gaming machine monitor INTRALOT for its Australian and New Zealand operations, saying the discussions had been ongoing for some time. No final proposal has been made by either company, but discussions have advanced to a confirmatory due diligence stage, Tatts group …
The Sun Bets brand launched this week backed by a multi-million pound ad campaign from in-house creative agency Pulse Creative, which is due to flight later this week to coincide with the start of the new Premier League Season. Sun Bets is a joint venture between News UK and Tabcorp, agreed in February this year …
Amid growing reports that gambling regulators in Malta and the Isle of Man are considering following Curacao in approving Bitcoin as an acceptable currency for gambling, the UK Gambling Commission has amended section 5 of its Licence Conditions and Code of Practice to permit the use of digital currencies with effect from the end of …
Tabcorp Holdings Limited announced Wednesday that Bruce Akhurst and Vickki McFadden have been appointed to its board as Non-Executive Directors, subject to the receipt of the necessary regulatory and ministerial approvals. Akhurst is currently executive chairman of global digital advertising and technology services firm Adstream. He was CEO of Sensis Pty Ltd from 2005 to …
The Asian-facing online gambling games developer XIN Gaming has launched its latest slot Rio Fever, to coincide with the Olympic Games opening in Rio, Brazil this month. The five-reel, four-row, 50-line game is thematically based on the Olympic Games, with players aiming to match symbols relating to sports that will be on show in Rio …
Xbox and The Coalition (formerly Microsoft Vancouver and Black Tusk Studios, now a video game development studio owned by Microsoft) have announced a new eSports tournament titled Gears eSports Pro Circuit for Gears of War 4. Gears of War players can compete in marquee live open events around the world operated by tournament organizers Major …
Despite the continued government lockdown on internet lottery sales, China’s main lotteries continued to prosper in H1-2016, with sales up 3.5 percent year-on-year over the period Reporting on the growth, the Xinhua news agency noted that total sales in the period topped 194 billion yuan (US$30 billion) in the first half of 2016, according to …
White label multi-channel online casino and betting software provider Viral announced Wednesday that it has integrated into its platform gaming content from London-based online gambling software provider iSoftBet. The deal allows Viral to access iSoftBet’s diverse range of titles, including table and slot games in Flash and HTML5, along with branded content from some of …
Posts on the Reddit social networking forum Tuesday indicate that the Hong Kong-based Bitcoin exchange Bitfinex has halted trading following an alleged security breach by hackers that may have resulted in the theft of 119,756 bitcoins (around US$ 65 million at current exchange rates.) Bitfinex director Zane Tackett was unable to clarify details of the …
Online gaming firm bet365’s Australian arm has reportedly made good progress and significantly cut the substantial losses previously reported in its fiscal 2015 report for the 12 months ended March 27. According to Australian Securities and Investment Commission documents bet365 Australia has whittled its losses to A$10.9 million, significantly down from accumulated losses of A$133 …
London-headquartered mobile gaming provider Gaming Realms PLC has raised GBP 2.5 million through a subscription of 12.5 million shares at 20.00 pence per share. The proceeds will be used to partly fund the first tranche, amounting to US$ 4 million of the deferred consideration, following the acquisition of and now due to RealNetworks Inc. Our …
Virtual sports and games provider Inspired has inked a new deal with Gala Coral that will see the company license its Virgo RGS technology to the group. Gala Coral will “own” and utilise the technology to distribute its own CR games content to players across all its brands while maintaining its existing relationship with Inspired …
Online gambling operator MarathonBet has expanded its football sponsorship portfolio to include Spanish la Liga football club Málaga Club de Fútbol complementing its active sponsorship of British Premier League stalwarts Manchester United. MarathonBet has been named the club’s main sponsor for the next two seasons and will enjoy prominent branding on the front of Málaga …
Greek betting operator Stoiximan was named by the European Sports Security Association (ESSA) as its 21st member, further strengthening the body’s global alert and reporting system. Stoiximan operates in the Greek online sports betting market and more recently launched in Romania under its Betano brand (see previous reports). “Sports betting is a central part of …
William Hill PLC has acquired betting and gaming digital solutions firm Grand Parade Limited for a GBP 13.6 million consideration in cash and shares. Established in 2007, Grand Parade develops apps, websites and e-commerce platforms for the sports betting, gaming and media industries. 200 developers and creatives are housed in Grand Parade’s offices situated in …