Gambling news - page 596

Sky Betting’s technology academy takes first graduates

6 Aug 2016

Leeds, UK-based Sky Betting and Gaming’s grand design to train and employ top technology students from northern universities in Bradford, Leeds, Hull and Sheffield in its own academy (see previous reports) kicked off for real this week when 27 technology graduates reported for duty at the Sky Software Academy in Leeds. The courses embrace four …

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Sportech’s The Football Pools in deal with BetUp

6 Aug 2016

Sportech plc subsidiary The Football Pools has inked an agreement to offer the BetUp second-screen live betting game from Commologic, bringing in-play betting to its punters for the first time. BetUp will be rolled out across desktop and mobile in time for the new English Premier League football season, with a mobile app to follow …

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Tabcorp focusing increasingly on the digital channel

6 Aug 2016

The major Australian retail and digital betting group Tabcorp’s latest FY-2016 results published earlier this week (see previous report) illustrate the growing importance of the digital channel to Management, Whilst retail revenues declined a percentage point to A$6.5 billion, digital turnover rose 12 percent to $3.8 billion, with two thirds of that generated through mobile …

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New CEO and president for Scientific Games

6 Aug 2016

Scientific Games Corporation announced Friday that Kevin M. Sheehan, former Chief Executive Officer and President of Norwegian Cruise Line, has joined Scientific Games as the company’s new CEO and President, and will serve on the company’s board of directors. Current Scientific Games CEO and President Gavin Isaacs will become Vice Chairman of the board of …

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Leicester City champs get an added bonus

6 Aug 2016

The football team that put Leicester City FC at the top of the English Premier League earlier this year, crushing all before them, received an added bonus this week from a delighted club owner, Thai businessman Vichai Srivaddhanaprabha…. a GBP 100,000 BMW i8 luxury sports car apiece. The nineteen cars, all painted a glossy blue …

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Online gambling elements continue to deliver for Zynga

5 Aug 2016

San Francisco-based social gaming developer and operator Zynga’s latest quarterly (Q2-2016) shows that the company continues to incur losses, albeit at a slower rate than before…but that online gambling-related games like Zynga poker and Wizard of Odds and Hit It Rich slots are still delivering impressive percentages of the company’s revenue at 19, 15 and …

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Coral signs as sponsors for Derby County FC

5 Aug 2016

UK Championship football club Derby County has announced that Coral will be its official betting and gaming partner until the end of the 2018/19 season. The betting group will receive full sponsorship privileges from the club at its iPro Stadium on match days, including the provision of gambling facilities. In addition Coral will provide online, …

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Motorhead online slot due for release early next month

5 Aug 2016

Rock ‘n Roll rules again early in September, when the latest game in the NetEnt Rocks series – Motorhead – is scheduled for release. The game is themed on the famous band led by the late great Lemmy Kilmister and comes replete with rock concert footage and plenty of noise. The game is a 5-reel, …

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No Bitcoin for Malta online gambling licensees

5 Aug 2016

Despite indications that the UK Gambling Commission has approved the use of cyber-currencies like Bitcoin by its licensees, the Malta regulator is taking a more cautious approach and for now will monitor the industry whilst considering possibilities in collaboration with banking and financial authorities. The chief of the Malta Gaming Authority regulatory body, Joseph Cushieri …

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Disappointing H1 2016 results from William Hill

5 Aug 2016

The UK online and land gambling group William Hill plc has posted disappointing H1-2016 results in the wake of last month’s sudden departure of CEO James Henderson. Characterising the first half as “challenging, interim CEO Philip Bowcock revealed that the company’s key online vertical (it makes up a third of the business) had seen revenue …

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Philweb chairman resigns following attack by Philippines national president

4 Aug 2016

In a fast-moving sequel to Philippines president Rodrigo Duterte’s unprecedented attack on “oligarchs” in general and Roberto Ongpin in particular (see previous report), Ongpin has resigned as chairman of online gambling provider Philweb. His resignation comes after the company’s share price plunged 63 percent in the wake of presidential threats against online gambling and vows …

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Aussie gambling bosses slate each other’s operations

4 Aug 2016

The release of Tabcorp’s financial results this week (see previous reports) was accompanied by another attack on the lower tax levels enjoyed by online operators when CEO David Attenborough criticised what he claims are the gross under-taxation levels enjoyed by online companies licensed in the Northern Territory of Australia. “They are the lowest-taxed providers of …

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BetStars snares key UK football sponsorship

4 Aug 2016

Amaya’s online sports betting subsidiary BetStars has announced a new deal to become Official Betting Partner of reigning English Premier League football champions Leicester City Football Club for the 2016/17 season. Under the terms of the new deal, Betstars will receive a full suite of rights, including LED advertising and fixed stadium branding, the use …

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West Australia considering APOC tax on internet operators

4 Aug 2016

Australian media reports Thursday indicate that the provincial government of Western Australia may be thinking about following the example of South Australia by hitting online gambling operators with a 15 percent on revenue point-of-consumption tax. The tax would include bets on horse, harness and greyhound racing, along with sports betting such as AFL, cricket and …

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New Playtech online slot launched

4 Aug 2016

The latest online slot from Playtech is themed on the historic plains of North America and the once-great herds of buffalo and other wild life that once roamed there (actually the correct term is bison). Titled Buffalo Blitz, the game is a six reel slot with four rows and 4096 ways to win, and offers …

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Tabcorp profit plunges 49.3 percent in fiscal 2015-16

4 Aug 2016

Major Australian gambling group Tabcorp gave investors a shock Thursday when it released its FY 2015-2016 results, reporting a 49.3 percent year-on-year plunge in net profit at A$169.7 million (2014-2015: A$334.5 million.) Overall, revenue climbed 1.5 percent to A$2.19 billion, whilst operating expenses rose 2.2 percent in 2015-16 to A$378 million. The company attributed the …

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New York governor finally signs DFS bill

4 Aug 2016

A New York state bill defining daily fantasy sports as a game of skill which was passed in June this year (see previous reports) has finally been signed into law by Governor Andrew Cuomo….in time for the NFL season for relieved operators. The bill gives the New York Gaming Commission the responsibility of monitoring and …

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Ladbrokes back in the black

4 Aug 2016

The UK online and land gambling group Ladbrokes has published its unaudited interim results for the half-year ended 30 June 2016, reporting a performance ahead of expectations despite a tough and competitive environment. Highlights include: * Group operating profit up 61 percent at GBP 52.3 million – ahead of management’s expectations; * Strong free cash …

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New Philippines president lashes out at “oligarchs”

4 Aug 2016

New Philippines president Rodrigo Duterte has already shown that he pays little heed to diplomatic or politically correct language; lashing out at corruption and publicly declaring his desire to do away with online gambling in comments that have hammered the share price of companies involved in the vertical like Philweb (see previous reports). Philweb, or …

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ICahn decides to shutter Atlantic City casino

4 Aug 2016

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 …

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Tabcorp’s Sunbet online casino operation launched by Playtech

4 Aug 2016

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 …

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Gamevy partners with Quickfire

4 Aug 2016

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 …

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New US offices for eSport game developer

3 Aug 2016

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 …

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Malaysian police have seized thousands of online gambling computers this year

3 Aug 2016

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 …

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