Gambling news - page 608

GVC to apply for premium stock exchange listing

1 Jul 2016

The GVC Holdings online gambling group has issued an advisory that it proposes to transfer the listing category of all of its ordinary shares from a standard listing on the Official List to a premium listing (commercial company) on the Official List on the London Stock Exchange. It is anticipated that the transfer will take …

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Record DDoS attack recorded against Chinese gambling site

1 Jul 2016

A report from the Incapsula cyber security organisation has highlighted the increasing scope and sophistication of criminal Distributed Denial of Services attacks against websites, recording that a recent assault on an unidentified Chinese gambling site involved multiple nine-vector, 470 Gbps, 110 million packet-per-second activity, some of the biggest and most complex ever recorded. The publication …

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UK eSports association launched

1 Jul 2016

The eSports sector in the UK has a new representative trade association following the launch this week of the not-for-profit British Esports Association, which operates from Pinewood Studios in Buckinghamshire. Chester King has been appointed as chief executive of the body, which is supported by the UK government and will work in collaboration with the …

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UK Chinese facing lottery firm reports more losses

1 Jul 2016

The Cheshire, UK-based but Chinese facing lottery firm DJI Holdings has revealed that its pre-tax losses widened significantly year-on-year in 2015, from GBP 4 million in the preceding year to GBP 10.7 million in 2015 as revenue plunged from GBP 47.5 million to just GBP 5.5 million. In a statement the company explained that its …

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China lottery sales up in May

1 Jul 2016

The Xinhua news agency reported Friday that in May 2016 China’s lottery sales rose 7.8 percent year on year to 34.62 billion yuan (US$ 5.2 billion). Sales of welfare lottery tickets increased 1.8 percent to 18.37 billion yuan, while sports lottery sales jumped 15.6 percent to 16.25 billion yuan, the Ministry of Finance said in …

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Macau numbers slip again

1 Jul 2016

The Macau regulators, always quick off the mark with their gambling statistics, have revealed that Macau revenues continued to decline year-on-year in June 2016, falling 8.5 percent to 15.9 billion patacas ($1.99 billion). The decline was largely in line with analysts’ predictions of a 5 to 12 percent drop…the 25th consecutive month in which declines …

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Nevada gambling revenues slightly lower in May

1 Jul 2016

Figures released late Thursday by the Nevada Gaming Control Board revealed that Nevada gambling revenue in May 2016 was $958 million – slightly down on the billion dollars of the comparison period last year, when Las Vegas visitation numbers were higher thanks to the Floyd Mayweather and Manny Pacquiao fight, and the Rock in Rio …

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Third Russian online sports betting site launches

1 Jul 2016

Licensed Russian online sports betting sites 888.ru and Liga Stavok (see previous  reports) have a new competitor this week following the official approval of land bookmaking firm Winline for internet operations. The company’s core business is providing betting in retail shops across the country’s major cities, but will now also offer online action on its …

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Quebec facing opposition to internet blocking law

1 Jul 2016

Media reports from Montreal indicate that an unidentified Mohawk First Nation community is preparing to tackle the Quebec provincial government on its questionable new law 74, which authorises the ISP blocking of online gambling sites as determined by the province’s own Loto-Quebec gambling enterprise, which includes the online site EspaceJeux. The law, passed under the …

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Kiron teams up with Blue Ocean Gaming

1 Jul 2016

Online gambling software and games provider Kiron Interactive has signed an agreement to distribute its virtual products via Blue Ocean Gaming. The deal will see the full suite of Kiron’s games made available to the casino platform’s customers across Russia, the CIS, and Latin America. The package will comprise up to nine virtual sports, including …

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Russian internet regulator releases latest blocked site stats

1 Jul 2016

The Russian internet regulator Roskomnadzor has released statistics on its recent activities, noting that in the period June 21 – 28 alone it had blocked 118 online gambling domains. The regulator, which has encouraged Russian citizens to blow the whistle on any websites they feel are illegal or unacceptable, has previously revealed that in the …

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GIG acquires Betit in Euro 54 billion deal

30 Jun 2016

Well known Nordic-facing online casino brands Thrills, Kaboo and Superlenny will soon be part of the Gaming Innovation Group following a Euro 54 million operator acquisition deal in which the Betit Group has been bought by Oslo-based GIG, which already owns Guts, Betspin and Rizk. On Thursday GIG issued a trading update confirming its agreement …

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Amaya board changes announced

30 Jun 2016

Amaya’s much commented upon secretive meeting with shareholders in Montreal this week (see previous report) has been followed by an announcement regarding changes to the online gambling group’s board of directors. Serving directors Divyesh Gadhia, Harlan Goodson, Aubrey Zidenberg and Wesley Clark were all re-elected, whilst Alfred Hurley Jr. and David Lazzarato become new members. …

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New Philippines president could prove a problem for online gambling

30 Jun 2016

Entering his first day in office this week, the new President of the Philippines, Rodrigo Duterte, reportedly told his Cabinet that he intended to halt what he referred to as the ‘proliferation’ of online gambling. The president, who has a reputation for being bluntly autocratic, ordered: “Online gambling must stop…it’s out of control in PAGCOR …

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UK Gambling Commission report notes growth of online component

30 Jun 2016

Figures from the UK Gambling Commission indicate noticeable growth in the overall industry, with financial spread betting, foreign exchange, and contracts-for-difference all prevalent in the UK market, much of it online. Gross gambling yield for the UK between October 2014 – September 2015 was recorded as GBP 12.6 billion) compared with a figure of GBP …

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888Sport to sponsor Nottingham Forest FC

30 Jun 2016

Online sportsbetting operator 888Sport has signed a one-year shirt sponsorship agreement with the Nottingham Forest football club following several weeks of speculation in football circles. The Gibraltar-based company takes over from the Fawaz International Refrigeration and Air Conditioning Company, which is owned by club owner the Al Hasawi family. The two-time European Cup winners confirmed …

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French flair in new Rival Gaming online slot

30 Jun 2016

Rival Gaming has announced the launch of its latest online slot, a 5 reel, 50 pay-line game with a decidedly French theme and titled Champs-Élysées. The action in the game takes place on the streets of Paris. While spinning the reels players get a chance to indulge in some chocolat, crepes, croissants, and wine, virtual …

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Online bookmaker sponsors Leyton Orient FC

30 Jun 2016

Online bookmaker EnergyBet has signed a two-year shirt sponsorship deal with the Leyton Orient second league football club in the UK Leyton Orient CEO Alessandro Angelieri said in a statement: “We are delighted to have online bookmakers EnergyBet on board, especially on a two-year deal, which gives the club the scope to plan ahead for …

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‘Billion dollar’ online sportsbetting ring shutdown in New York

30 Jun 2016

The New York newspaper Metro reported Thursday that Brooklyn District Attorney Ken Thompson has issued a statement detailing the arrest and arraignment in Brooklyn of four men on charges of enterprise corruption, first-degree promoting gambling, second-degree possession of gambling records and fifth-degree conspiracy. The 57-page indictment details several online gambling sites alleged to have been …

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Betsoft in partnership deal with Asian operator

30 Jun 2016

Betsoft, an online gambling games provider, has announced a partnership deal with Asian systems developer and live dealer casino operator Asia Weinet, and will supply the Asian company with its full suite of desktop and mobile 3D gaming content. Julian Camilleri of Betsoft said that Philippines-based Asia Weinet has established itself as a prime player …

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Three new online games from Romanian developer

30 Jun 2016

Bucharest, Romania-based games developer CasinoWebScripts has released three new HTM5-based online slot games titled Secret Agent, The Cheese Burglars, and Bee Party. Compatible with both desktop and mobile devices, the new games boast widely differing themes. Secret Agent has a wide range of features and a theme that presents the story of a private detective …

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Danish online gaming company acquired by investment group

30 Jun 2016

Danish investment companies Genua and Dansk Automat Expert Holding have sold Århus-based online gambling company Gaming A/S to investment group Erhvervsinvest for an undisclosed consideration. As part of the transaction, Lars Holtug, a former senior partner at PwC in Denmark, will become chair of Gaming’s board. Gaming A/S operates the online gambling enterprise Spillehallen.dk and …

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Online gambling on the Dutch political agenda today

30 Jun 2016

Operators and industry observers alike are hoping that the much-delayed Dutch legalisation of online gambling will move forward today (Thursday) following yet another discussion on the issue in the Dutch parliament’s Lower House. Today’s discussion continues that started last week by parliamentarians, and the hope is that the measure will move to a vote this …

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Brexit generated massive betting volumes

30 Jun 2016

Betting on whether British voters would opt to stay or leave the European Union – the Brexit issue – reportedly reached GBP 120 million, with UK bookmakers generally feeling varying degrees of pain as a result of the unexpected “out” result. Betfair did better than most, mainly due to the commission nature of its betting …

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