Online social bingo provider Zitro has launched Tournaments in World of Bingo, a unique mode in social video bingo casinos available on Facebook. Zitro’s aim with this new initiative is to promote socialisation in the game, adding a strong relational component to the well-established game-playing content of Zitro’s bingo games, said director Rais Busom of …
Davy, a financial advisory corporate based in London, has issued a rather pessimistic note in the wake of the Brexit vote, opining that listed gambling operators in the UK could be impacted as the economy endures months of fiscal and legal uncertainty. The note foresees the possibility of a decline in performance of large online …
Online and retail gambling group Cherry has announced that it is to issue a four-year senior secured bond in the amount of Euro 50 million, with maturity on July 11, 2020. The net proceeds will be used to partly finance the acquisition of 49 percent of the shares in ComeOn Malta Ltd with an option …
Full details are not yet available, but the news broke Monday that a Swedish mobile player identified as “David” hit the Mega Fortune jackpot over the weekend on the progressive slot Book of Ra Deluxe Mobile for a win of Euro 2.971,469 on a stake of just Euro 1.25…and he did it on his first …
With Aussie political elections in full swing, the online sports betting operator Sportsbet offered a market on what colour tie 9 News television political commentator Laurie Oakes would wear…but the prop bet backfired heavily when Oakes changed his tie six times during a broadcast, forcing the gambling company to admit defeat with good grace and …
Online gambling operator NetBet has joined a surge in sponsorships between internet gambling companies and football clubs, extending its shirt sponsorship agreement with the French Ligue 1 club Saint-Etienne through the 2017 season and into 2018. The partnership gives NetBet branding opportunities at the team’s Geoffroy-Guichard stadium and across the club’s digital and social media …
Online gambling group GVC Holdings has delivered on its pledge to secure a premium listing on the London Stock Exchange (see previous report), reporting Monday that it had been accepted, and taking a step closer to its ambition of entering the FTSE-250 series by September this year. The new listing is effective August 1, the …
Prague-based online gambling games developer Endorphina has announced a new content deal with major Latin American gaming operator BetMotion. The agreement requires Endorphina to provide its suite of games, including popular online slots like Jetsetter, Satoshi’s Secret and Safari, along with other successful releases such as 4 of a King, Blast Boom Bang and Chimney …
Following closely on a set of troubling performance results (see previous reports), the UK-based but Chinese-facing online lottery company DJI Holdings has announced a conditional placing of 30.5 million new ordinary shares with the goal of raising GBP 29 million in fresh capital. The company said in an announcement that the funds raised will enable …
Thailand media reports indicate that the nation’s lottery could be going online, quoting sources who have revealed that the Ministry of Finance is about to propose a bill to government which will include the licensing of online lottery vendors. Work is already well advanced on the project, with the ministry collaborating with the Council of …
With the legalisation of online gambling a definite possibility (see previous reports), an industry exec has warned state lawmakers not to expect an immediate surge of tax revenue, and against making Pennsylvania too costly to encourage operators. Matthew Katz, the chief executive of industry services suppliers CAMS and Verifi told the publication Players Advantage over …
The Cabinet statement by new Philippines president Rodrigo Duterte this week that he wants to see an end to online gambling and licensing activities by PAGCOR (see previous report) prompted the licensor to impose a moratorium on further licensing and sent local gambling company shares reeling….but it also created a competitive advantage for Caribbean licensor …
Nevada, and specifically Las Vegas, stands ready to embrace the burgeoning eSports vertical beyond mere hosting of its events…gambling groups are reportedly seeing the potential of regulated and licensed betting on the video-gaming contests that have so captured millennial demographic attention. The publication CDC Gaming reported over the weekend that eSports involvement may soon spread …
The Euro 2016 football championship in Europe continued to generate intense Chinese betting interest this week as the quarter finals approached, creating a spike in illegal online gambling despite major police gambling ring busts and crackdowns on suspected gambling activity by technology and ecommerce giants Alibaba and Ten Cent. The Reuters news agency reports that …
Pennsylvania governor Tom Wolf has so far declined to sign off on the $31.5 billion budget bill sent to him by the state Legislature mere hours before the budget deadline Friday (see previous report), insisting that he will not sign it without being convinced that there are sustainable funding revenues in prospect. The delay has …
With just hours to spare before the start of the new financial year on July 1, the Pennsylvanian Legislature has reportedly approved a $31.5 billion budget bill that includes online gambling legalisation provisions and sent it to Governor Tom Wolf for signature within the next 10 days. The bill passed on a vote of 144 …
Cambodian press reports Saturday noted the sentencing the previous day of 23 South Koreans charged with operating illegal online gambling enterprises in Phnom Penh, specifically taking bets on international football matches. The defendants were each handed five month jail terms followed by immediate deportation by municipal judge Ly Sokleng, who named the ring leaders as …
The Russian bookmaking firm Rub90 has claimed following a statistical review that the average Russian punter is spending less this year, speculating that a weaker Russian currency and struggling economy may be having an impact. The company found that the average bet in the first quarter of 2016 was, at the equivalent of $11.39, around …
The US sports book division of Brit bookmaker William Hill has opened wagering on Virtual Racing at two of its Nevada race and sports books, boasting that it is the first in Nevada to do so. Combining quality graphics and the voice of legendary race caller Tom Durkin, William Hill Virtual Racing allows sports bettors …
Another eye-catching online slot is reportedly due to arrive from Microgaming in July, titled Electric Diva – a 5 reel, 40 pay-line game with an imaginative theme based on an alien invasion opposed by a spectacular heroine equipped with a Lightning-Powered Guitar Blaster. Electric Diva takes the player to Spark City, which is being assaulted …
The UK company Lean Forward Limited has announced that its year-old online betting enterprise Win Cash Live.com has encountered difficulties and has been placed in administration. The company will be administered and managed by the London insolvency firm Quantuma, which has nominated two licensed insolvency practitioners, Simon Bonney and Andrew Hoskins, for the task. Just …
The newly elected president of the Philippines, Rodrigo Duterte, made headlines earlier this week with a Cabinet brief on the many areas of government where he intends to crack down hard – including online gambling (see previous report), and it took less than 48 hours for the effects to manifest themselves. The newly appointed chairperson …
Online gambling company BetVictor is the latest to widen its brand awareness in a football sponsorship deal, signing a three-year agreement with English Premier League side Liverpool as both training kit partner and global online betting team-mate. Attractive, spanking new football kit prepared by BetVictor has been introduced and appears to have been well received …
NextGen is going with the always popular ancient Egyptian theme in its next slot release, a 5 reel, 243 ways-to-win offering due for launch on July 6 and titled Egyptian Rise. The game was developed by one of NextGen’s four international design venues, Side City Studios in Montreal, Canada, and features exceptionally bright and well …