Gambling news - page 621

LVBet partners Betconstruct

31 May 2016

Fairload Limited’s recently launched Malta-licensed online casino LVBet has partnered BetConstruct for its Odds Feed Service as it anticipates the launch of its new sportsbook. Our readers will recall LVBet launching in April with an impressive content portfolio from some of the leading gaming providers such as Microgaming, Greentube, Edict, NetEnt, Wazdan and Thunderkick (see …

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Balkanbet launches games from NSoft

31 May 2016

BalkanBet, a Serbian online gambling operator, has announced the addition to its inventory of a full range of virtual games and sports betting solutions through NSoft’s proprietary multi-channel Seven platform. The games will initially launch for desktop and retail use, but mobile and terminal versions will shortly follow. The Seven platform acts as the base …

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Digitain to power new Kazakhstan betting site

31 May 2016

Kazakhstan bookmaker FinBet has launched in Central Asia on the Digitain platform at Finbet.kz….and has revealed that it has ambitions to open 30 betting shops in time for the Euro 2016 football festival later this month. Chief operating officer Oganes Ter-Oganesiani, said in a statement that his company plans to become a major force in …

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Online betting could be Macau’s salvation

31 May 2016

Macau’s falling gambling revenues in recent years have been a major cause for concern regarding the future of the Chinese gambling island, but one gaming expert believes properly regulated and licensed online gambling could assist land casino operators to weather the storm. Chris Tio has wide experience in the field and was at one time …

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Betway open Ghanaian betting website

31 May 2016

The Betway Group has announced the launch of its Ghana-licensed betting website overseen by the Ghana Gaming Commission and sporting a .gh domain. Betway joins 15 other gambling operators licensed in the African nation, where a growing number of gamblers now have the convenience of access to gambling facilities via the internet and – notably …

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Chow’s Chance online slot released by Booming Games

31 May 2016

Asian-facing games developer Booming Games has released its latest online slot, a 5 reel 50 pay-line game with a Chinese teahouse theme and amusing and animated characters. Titled Chow’s Chance, the game has a tranquil teahouse theme which managed by Mr. and Mrs. Chow, a panda and a cat with very human traits and characteristics …

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Leander Games and Core Gaming team up on content

31 May 2016

HTML5 games developer Core Gaming has boosted its distribution to operator opportunities by inking a partnership deal with Leander Games, utilising the latter’s LeGa platform. The deal opens access to Core’s products for the first time to a number of operators, with the first games set to go live on the LeGa remote gaming server …

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SISAL attracts Euro 1 billion price tag

31 May 2016

CVC Capital Partner funds (CVC) have acquired a 100 percent equity stake in Italian gaming and payments operator, Sisal Group S.p.A. (Sisal) from funds advised by Apax Partners, Permira and Clessidra for a Euro 1 Billion consideration. Headquartered in Milan, Sisal is a leading operator in the Italian gaming market and a prominent payment services …

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OPAP heavily impacted by retrospective tax

31 May 2016

Greek gaming giant OPAP said it has been severely impacted by retrospective tax in its latest quarterly report for the three month period ending March 31, 2016. The interim management statement reported a 4.4 percent drop in gross gaming revenues (GGR) to Euro 340.7 million (Q1/2015: Euro 356.3 million) impacted largely by a drop in …

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Netplay TV pays special dividend

30 May 2016

NetPlay TV plc will distribute a special dividend of 0.68 pence per ordinary share to registered shareholders on June 9 2016 accompanied by a consolidation of the Company’s ordinary issued share capital. The consolidation will replace every 15 existing ordinary shares of 1 pence each with 14 new ordinary shares of 11/14 pence each (“New …

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Singlepoint acquires Draftfury

30 May 2016

Seattle-based mobile technology firm SinglePoint Inc. has acquired an interest in daily fantasy sports company DraftFury paid through a combination of SinglePoint’s common stock and cash for an undisclosed consideration. “This is a great company with great management and a unique 7-level referral program and an optimized interface which provides a superior gaming experience for …

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Nevada gambling revenues sink 2 percent in April

30 May 2016

Official numbers released by the Nevada regulator show that revenues in the Silver State continued to decline in April, and were down an overall 2 percent year-on-year at $876 million Las Vegas Strip gambling revenue was down almost 2 percent to $491 million, and downtown Las Vegas winnings were down 13 percent to $43 million. …

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Boom Shakalaka’s app reaches No. 1 in fantasy sports

30 May 2016

Sports technology company Boom Shakalaka has announced that its Boom Fantasy app launched barely four months ago has achieved number one search status in the App Store following two hundred positive reviews giving it a five-star rating. The app offers an experience where fans can compete against each other while watching a live event. Instead …

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Illinois DFS bill latest

30 May 2016

Illinois’s troublesome daily fantasy sports bill was effectively shelved but kept alive during a House Judiciary Committee hearing held Sunday evening to get through a heavy workload before the Legislature adjourns Tuesday. Sponsor Rep. Mike Zalewski, who has encountered some heavy opposition from the land casino industry despite a successful passage of his bill H …

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Online gambling software market firm closing its doors

30 May 2016

The Gibraltar-based online gambling software distributor Odobo, which offered independent developers a way to more widely market their products, has announced that it will cease operating at the end of this (May) month. Citing an inability to keep pace with rising costs, the five-year-old company described the decision as difficult, noting that after operations cease …

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More Guerilla marketing from Paddy Power

27 May 2016

The marketers at Paddy Power are up to their controversial guerrilla marketing tricks again, announcing Thursday that their next target to get the public’s attention is US presidential contender Donald Trump and the size of his private bits. The idea for the campaign came from not always mature comments by various competitors in the fight …

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New daily fantasy sports bill for New York

27 May 2016

The New York state Attorney General’s negative view that daily fantasy sports are illegal in terms of New York state law (see previous reports) has done nothing to dampen the enthusiasm of state politicians Sen. John Bonacic and Rep. Gary Pretlow, who have introduced similar legalisation bills in the Assembly and Senate. The two men …

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Pariplay heads to Gibraltar

27 May 2016

Pariplay Ltd., an online and land gaming technology company, has moved its head office and operations centre from the Isle of Man to Gibraltar after being granted a Remote Gambling licence by the latter, and motivated by the Mediterranean jurisdiction’s status as a global centre for top-tier gambling operators and service providers. The Gibraltar licence …

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NetEnt secures Romanian licensing

27 May 2016

Swedish online gambling software developer NetEnt has revealed in a stock exchange announcement today (Friday) that it has obtained class two licenses from the National Gambling Office in Romania. The licenses cover production and distribution of specialised gaming software as well as management and hosting facilities for online gaming. “Expansion on regulated markets is an …

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New York online sports betting ring busted

27 May 2016

The New York Daily News reports that six local men were arrested Thursday for conducting an online gambling operation that prosecutors claim generated over $13 million between September 2015 and this week through a Costa Rica-based site identified as Stakestake.com. Brooklyn District Attorney Ken Thompson said in a press release: “We’ve now shut down this …

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Canadian fireworks likely following passage of internet interference bill in Quebec

27 May 2016

Apparently disregarding repeated warnings regarding interference with the internet from legal and other experts, Quebec provincial lawmakers this week voted for Bill 74, a law that obliges Internet Service Providers in the province to block gambling websites. The bill authorises the province’s lottery and online gambling operator Loto-Quebec to compile a black list of what …

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South African parliament rejects online gambling licensing and regulation

27 May 2016

It appears that the South African government’s anti-online casino gambling stance is now firmly entrenched after over a decade of indecision and repeated enquiries and commissions. On Thursday a proposal to regulate and licence online gambling which had already been rejected by the Trade and Industry Committee of the National Assembly went to debate on …

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Dutch minister responds on Curaçao concerns

27 May 2016

The Dutch Minister for Kingdom Relations, Ronald Plasterk, appears to have been stung into a response by the national media coverage achieved this week on Curacao criticisms by two Dutch MPs (see previous reports). Plasterk said Thursday that the allegations regarding Curacao corruption, inefficiency and internet gambling licensing in the online casino jurisdiction were not …

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Aussie bookie criticised for supporting local clubs

27 May 2016

Anti-gambling groups in Australia have slammed local online bookmaker MadBookie for its partnership with a dozen local sports club in which the company pays 25 percent of its club players’ losses to the clubs. MadBookie also offers the clubs upfront financial sponsorship including internal advertising, and sponsoring club events or competitions. Club members are given …

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