Although Her Majesty’s Revenue and Customs continues to fight its long-running legal battle with Sportech over a VAT repayment (see previous reports), it has handed over the disputed GBP 93 million this week whilst awaiting the results of its appeal to the UK Supreme Court. In a press statement Wednesday Sportech revealed: “Sportech confirms that …
The Board of Norsk Tipping has appointed Åsne Havnelid (55) as the new CEO of the company and replacement for former chief executive Torbjørn Almlid. Havnelid was previously Secretary General of the Norwegian Red Cross, which receives substantial funding from Norsk Tipping. Norsk Tipping chair Linda Bernander Silseth said in a statement announcing the appointment: …
Pokerstars and Full Tilt parent group Amaya Inc. is apparently studying offer from “several” potential buyers, and is conducting due diligence for a possible takeover, according to reports Tuesday in the Montreal press. Company executives met with shareholders Tuesday to discuss developments for the first time since CEO, chairman and important shareholder David Baazov stepped …
For the second time in as many years the Canadian social gaming company Imperus Technologies (formerly ISIS Labs) has changed its company title, and from June 28 will be rebranded Tangelo Games Corp. The company is listed on the Toronto exchange under the symbol (TSX VENTURE:GEL). In a rather rambling press statement Tuesday, chief executive …
The Canadian online gambling group Intertain has announced that two industry veterans – Neil Goulden and Andrew McIver have joined the top management as chairman of the board and chief executive officer respectively. McIver replaces former CEO John Fitzgerald Kennedy who has stepped down, along with director Brent Choi. Goulden has many years of top …
Pennsylvania’s controversial $31.5 billion budget bill, which includes legalised online gambling as a means to raise revenue, was passed by the House Appropriations Committee on Monday and could be voted on by the House today (Tuesday). The bill raises taxes on cigarettes and smokeless tobacco and relies on new revenue from a proposal for the …
Online and mobile casino and sportsbook operator PunchBets has added BetSoft games to its range of offerings to players. Online since 2011 and powered by Aristocrat, Bally, BetSoft, ELK, F1X2, Microgaming, NetEnt, NextGen, NYX, Playson, Playtech, Pragmatic Play, WM and Zeus software, this Curacao-licensed operation is owned by Punch Holdings Ltd and is part of …
The UK sports betting platform provider FSB Technology has partnered with Ireland-based technology start-up Sportdec for the launch of a new app ahead of the quarter-final stages of the Euro 2016 football championship. Titled Sportdec, the app provides users with live scores, notifications, fixtures and tables, statistics, video, and editorial content, as well as FSB’s …
The 2011 debacle that was Prince Edward Island’s abortive attempt to set up a tribal online gambling licensing jurisdiction continues to excite political criticism and debate, with the Canadian province’s parliament currently awaiting the provincial auditor general’s report on the issue. Unfortunately, and to the frustration of the Opposition NDP, that will now not be …
The Betsson gambling group has issued a trading update for Q2-2016, advising that group revenues are estimated to be between SEK 920 million and SEK 945 million, and the operating profit (EBIT) between SEK 140 million and SEK 175 million. However, lower sportsbook revenues and unfavourable exchange rate fluctuations have had a negative impact on …
Isle of Man-based online gambling software provider Microgaming has released details of its new online slot, Reel Spinner, which will be launched next (July) month. Reel Spinner is a five reel, 15 pay-line fishing-themed game, presented in colourful and animated maritime symbols, backed by an appropriate soundtrack, and delivering a brand new game feature. Three …
Novomatic, a major gambling supply company headquartered in Austria, has a busy M&A program, announcing this week that it has acquired the widespread UK Talarius adult gaming centres company, and has obtained shareholder approval for its acquisition of 53 percent of the Australian gambling supplier, Ainsworth Game Technology. Tatts, the Australian gambling group which bought …
The burgeoning social casino vertical will be centre stage at the next Casual Connect gaming conference, scheduled for July 18 – 20 in San Francisco. The event is expected to attract three thousand international delegates, who will attend presentations by over a hundred respected industry professionals and view products from top companies. The social casino …
The UK Gambling Commission has announced the appointment of Tim Miller as an executive director with responsibility for oversight of corporate affairs, stakeholder engagement and the evidence and analysis team. Miller is currently Head of Policy and Communications at the Local Government Ombudsman and will be joining the Commission at the end of August. Chief …
South African lawmakers may have nixed the legalisation of online gambling in general, but the sports betting variant, which has restricted legality, continues to prosper. The market is dominated by four major operators following the departure of Ladbrokes some time ago – Sportingbet, SunBet, Bet.co.za and the most recent arrival, Craig Venter’s Clickabet (see previous …
Swedish online gambling software provider Play’n GO has been awarded a class two licence by the Romanian National Gambling Office, the company announced Monday in a press release. The Class II licence enables the company to supply internet gambling content on all channels to gaming operators in the country’s recently regulated market. Johan Törnqvist, CEO …
The police in Singapore have released details of an online football bust on an illegal betting enterprise that handled S$200,000 (Euro 134,000) in wagers in the first weeks of the Euro 2016 championships. In a news release on Sunday (Jun 26), the Singapore Police Force (SPF) said officers from the Criminal Investigation Department (CID) conducted …
IGT’s latest slot goes back in time to the early days of the cinema, with the theme of the 5 reel, 30 pay-line game capturing the flickering silver screen and tinny piano sound effects of the Silent Movie. The Silent Movie slot has a slew of features that includes four different bonus rounds, multipliers, re-triggering …
Football and sports jackpot provider Colossus Bets has announced the launch of its new tennis pools product in time for the Wimbledon matches. Colossus CEO Bernard Marantelli, said in a statement Sunday: “With 20 partners now live we thought it was time to extend our sports pools to tennis and in particular Wimbledon. In our …
London-based online gambling software and games provider iSoftBet has announced that it has secured a supplier licence from the Romanian regulator allowing it to service Romanian-licensed operators in the new market. The licence also allows operators in the Romanian market to use iSoftBet’s quality third-party content through a single integration. The provider will start Romanian …
The German Bundesliga football club Schalke and online casino operator bet-at-home have extended their five-year-old sponsorship deal for a further two seasons to end-2018. The deal includes digital and social media promotional privileges in Schalke’s online assets, and an advertising presence at the club’s Veltins Arena stadium Bet-at-home also sponsors rival club Hertha Berlin.
Online casino operator Slots.Cafe and White Hat Gaming have reported a major Euro 1,021,289.86 jackpot hit on NetEnt’s progressive slot Arabian Nights. On Thursday 16th June 2016, Dennis from Warwickshire registered as a player at Slots.Cafe, and a few hours later hit the jackpot after betting a total of just Euro 44. The bemused player …
Football and sports jackpots provider Colossus Bets has announced that its pools products, branded as ‘Cash Out Pools’, have gone live on both web and mobile with The Football Pools. Bernard Marantelli, founder and CEO of Colossus Bets said in a statement Thursday: “The Football Pools is an iconic brand with a long pedigree in …
Political spread betting company Sporting Index saw unprecedented action in the run-up to Britain’s EU referendum Thursday, but it was a painful night for the firm as its clients consistently favoured Leave throughout the campaign, resulting in a six figure loss for the company. Sporting Index was the first bookmaker to offer a market on …