The major US sports television network ESPN and eSports giant Riot Games are reportedly about to clinch a $500 million, multi-year deal on League of Legends Championship Series broadcasting The publication PVPLive was first with the story this week, quoting sources close to the negotiations, although full details could not be revealed and the parties …
“Trading at the enlarged GVC Group continues its upward momentum since it acquired bwin.party on 1st February,” the company reports. “Average Group pro forma revenues per day in Q2 are currently 11 percent higher than the corresponding period in Q2-2015; and 15 percent higher on a constant currency basis.” Kenneth Alexander, CEO said: “I am …
Virtual Sports provider Vermantia has announced that it has secured the first VS supplier licence to be issued by the Romanian regulator ONJN following an extensive inspection of its games and services. Carlos Silva, the regional sales director for the company, said that he plans to move quickly in offering the Vermantia VS inventory to …
The ongoing suspension of online lottery activity by the Chinese government continues to impact providers like Hong Kong-based 500.com, which this week posted continuing losses in its online division during the first quarter of 2016. The company reported net losses of RMB90.9 million (US$14.1 million), greater than the RMB52.0 million loss a year ago, noting …
Social casino games developer GSN Games has established a new Bangalore Studio in India to support the growth of game development. The new studio has the capacity to support over 500 employees across all business areas and will lead game development and product management of its successful social casino apps Bingo Bash and GSN Casino. …
Swedish gambling authority Lotteriinspektionen, reporting on the Swedish gambling market’s first quarter 2016, said after a period of decline the market was once again riding an upward trend. Key indicators for the 12 week period ending March 31, 2016 (compared to the same period last year) include: – An increased in player registrations of 6 …
Russia’s lower parliament, State Duma, has adopted a proposal that will see a monthly tax rate hike on online betting processing centres and totes (reception points) of 1900 percent from February 2017 amounting to between 2.5 and 3 million rubles (GBP 25,800 and GBP 30997,52), Russian business publication Vedomosti reports. Tax levies currently stand at …
London-based social betting platform startup Betfect said it had achieved a major milestone with the integration of major UK betting firms Ladbrokes and now the latest, William Hill. The startup offers a digital betting social network for comparing, making and sharing sports bets from leading UK bookmakers and allows users to facilitate the entire betting …
The Malta Gaming Authority (MGA) has formally distanced itself from Betowen.com saying it has no connection whatsoever with the operator and any reference to the MGA and/or gaming licence/s said to be issued by the Maltese Authority are false and misleading. As we went to press Betowen.com’s “about us” section still claims it is: “Fully …
iGaming software developer ArenaCube and JVSolutions have partnered for the distribution of ArenaCube’s multiplayer betting game “Arena Challenge”. Arena Challenge, already featuring across bet365 online properties, will be fully integrated in JVSolutions’ portfolio which currently comprises 15 betting sites including Potterbet.biz, Winkabet.net, Queenbetline.com and Overino.net. “Through our platform we have introduce [sic] the competitive element …
Ladbrokes has launched its Scratch and Match Trophy game, an exclusive mobile offer timed for the kick-off of the UEFA EURO 2016 football tournament. Scratch and Match Trophy is a football four panel scratch card with a set buy card value of GBP 1. Each panel has different cash prizes to be won with a …
Greek gaming firm OPAP will split the roles of chairman and chief executive officer following the completion of a “large scale” internal restructure of the Company. Damian Cope has been appointed chief executive officer while chairman and incumbent chief executive officer Kamil Ziegler will focus on the role of executive chairman of the board of …
Malta-based software developer World Match has launched two new HTML5 titles “Arena de Toros HD” and “SuperHeroes HD”. The first title, Arena de Toros HD is a 5×3 reel, 20-payline offer themed on a toreador and his desire to win the heart of a beautiful Bailaora. Features include Wilds, Free Spins, Stacked Wilds and a …
The GBP 270 million purchase of online sports betting platform provider Openbet from private equity group Vitruvian agreed last (April) month and co-funded by William Hill plc and Sky Betting and Gaming has been successfully completed, according to a trading update issued Monday by new owners NYX Gaming. The terms of the deal saw NYX …
Las Vegas land casino magnate Sheldon Adelson’s controversial and allegedly stealth acquisition of the Nevada newspaper Las Vegas Review Journal for $140 million last year (see previous reports) continues to attract media attention, with the New York Times publishing a lengthy article over the weekend here: http://www.nytimes.com/2016/05/23/business/media/in-adelsons-newsroom-looser-purse-strings-and-a-tighter-leash.html Titled “In Adelson’s Newsroom, Looser Purse Strings and …
Online gambling group GVC Holdings, which has both b2c and b2b business interests, announced Monday that it has signed terms to licence its online sportsbook and gaming platform to Betfred, one of the UK’s high profile betting brands. The 10-year B2B agreement involves the full migration of Betfred’s online business, including all its sportsbook and …
The indefatigable Michelle Minton of the non-profit public policy organisation Competitive Enterprise Institute has produced another study on the apparent hypocrisy of US online gambling laws, titled Game Changer and appealing for a fresh look at the inconsistent nature of existing legislation. Reporting on the new study over the weekend, the Pennsylvanian newspaper Tribune Review …
The Moroccan telecom regulator ANRT’s directive to the country’s three largest Internet service providers to block all free online VoIP apps such as Skype, Whatsapp, and Viber appears to have caused wider (and it is claimed unintentional) disruptions, with e-gamers (and by association online gamblers) reporting that they are experiencing connectivity problems with operator websites. …
A new online gambling licensing jurisdiction has been launched in the Philippines, barely 172 miles from the Cagayan Economic Zone Authority where master licensor First Cagayan Leisure and Resort Corp is allowed to issue online and land-based gaming licences. The new gaming jurisdiction is located in Casiguran in Aurora province, an economically underdeveloped part of …
The Mail on Sunday reported on the success of the online gambling industry over the weekend, but juxta positioned the detail with problem gambling examples and a quote from an academic who appears to believe that tighter government regulation is necessary. Using 2014 Gambling Commission figures, the report claims that the UK online gambling business …
According to local press reports Merced County has joined a lawsuit filed by the state of California against a Canadian firm that allegedly supplies gambling software to illegal so-called “sweepstakes cafes”. Announcing the addition of Merced County to the state’s case case, District Attorney Larry Morse II said the county was one of several intent …
Yahoo Sports, already well-known for its fantasy sports apps, has extended the product range with the launch in iOS format of new app devoted to the booming eSports vertical. Launched Friday, the Yahoo ESports app serves as a centralised hub for news, updates and highlights on anything to do with competitive video games and gaming, …
Online gambling software provider NetEnt’s next online slot – due for release June 22 – is themed on all the fun of the fair, taking players to the rides and entertainment of a largely bygone era. The theme is carried by sound effects and quality graphics illustrating dodgem cars, gift grabs and other fairground attractions, …
Italian online gambling regulator Agenzia delle Dogane e dei Monopoli (AAMS) can claim enforcement success in its measures to blacklist unlicensed operators and ISP-block access to their sites, according to a report in Gioco News this week. The report quotes official AAMS figures that show a total of 5,708 websites on the blacklist over the …