The UK-based shareholder advisory group Pensions & Investment Research Consultants (PIRC), which urged Ladbrokes shareholders to revolt on executive pay proposals at the agm last week (see previous report) has shifted its focus to the Betfair-Paddy Power group. Advisories mailed to shareholders single out soon-to-depart chief operations officer Andy McCue’s remuneration package ahead of the …
Online gambling information portals such as Casinomeister and Latest Casino Bonuses have exposed the allegedly pirated use of games from top provider NetEnt, motivated by the need to protect players as well as the industry’s reputation. The portalmasters of the sites conducted independent research in the expose, which accuses Affpower, Conan Gaming Limited and Game …
The giant US sports network ESPN plans to increase its involvement in eSports, with one executive opining that the rise of the new vertical has similarities with that of online poker in its boom years. John Lasker, vice president of programming and acquisitions at ESPN told the publication Tech Insider this week that eSports has …
Sheldon Adelson’s Las Vegas Sands group has again failed in its attempts to remove feisty Clark County Judge Elizabeth Gonzalez as the presiding judicial officer in the company’s acrimonious but revealing wrongful termination litigation with former LVS China chief executive Steve Jacobs (see previous reports). Gonzalez has shown in past court clashes with Adelson that …
Empire Global Corp., a provider of regulated online and offline gambling through its wholly owned ADM-licensed subsidiary Multigioco Srl, posted its Q1-2016 results Thursday highlighting: * Land-based wagering turnover up 131.9 percent at $1,472,198 (from $634,810 in Q1-2015). * Online wagering turnover up 57.9 percent to $26,463,158 (from $16,754,954 in Q1-2015). * Aggregate Net Gaming …
Brazil’s social gaming market leader, Gamesmart, has started distributing Ortiz Gaming video bingo titles under its Brazilian brand Doctor Bingo, starting with the social gaming app Ace Mania, released exclusively on Facebook. Eduardo Tupper, COO of Ortiz Interactive, said in a statement Thursday that the social distribution agreement includes Ortiz titles like Six Bingo, Triple …
Betting on computer simulated competitions in sports like horse and greyhound racing, football and cycling – generically titled virtual sports – is proving increasingly popular with US land casino operators, with Atlantic City’s Golden Nugget the latest to contract the Inspired group’s products, and the Tropikana taking similar horse racing products from Slovenia-based Alfastreet (see …
Missouri lawmakers continued to race against the clock Wednesday on HB1941, a daily fantasy sport legalisation bill which has been broadly approved by House and Senate but is being held up by a difference in annual fee requirements (see previous reports). After a positive vote in the Senate Tuesday night the bill went to the …
Amidst the clash and clamour in the United States of DFS, eSports, sports betting and online poker legalisation, the politicians in Pennsylvania quietly and methodically went about their intrastate online gambling legalisation project this week, with the House Gaming Oversight Committee travelling to Valley Forge Casino Resort to hear the views of interested parties. On …
Wednesday’s much-anticipated Congressional hearing on daily fantasy sports failed to deliver any new developments or fireworks, prompting some political observers to suggest that the underlying motive of the New Jersey introducers may have been to prepare the ground for a campaign for the liberalisation of sports betting in the USA – currently tightly restricted by …
A Royal Panda customer, identified only as 56-year-old Mikael from Sweden, rode a hot streak this week while playing Live Roulette. Mikael’s biggest hit after placing multiple bets was 370,700 kr on a single spin, he ultimately won a total of 1,874,930 kr ($229,764).
SoftSwiss has launched a white label casino for Bitcoin.com, saying the company is now on the highway to making Bitcoin ever-more widespread. “The current white label partnership can be viewed as a giant leap for both parties,” SoftSwiss said, “combining the creation of an online casino powered by SoftSwiss which will raise awareness of Bitcoin …
Gaming services provider BetConstruct has taken on Inspired’s virtual sports portfolio deployed via the Virtuals Connect platform to its third party operators. Inspired’s Virtuals Connect is a fully-managed, turnkey solution designed to be easily integrated into any Bet Management System. “Inspired’s games are a valuable addition to our already extensive gaming offering,” Vahe Baloulian, chief …
Gambling operator LeoVegas has reported a significant hike in revenue within its first quarter 2016 report. Key performance highlights for the three month period ending March 31, 2016 were: – Revenue growth of 85.9 percent to Euro 29.5 million (Q1/2015: Euro 15.9), but negatively affected by currency effects totalling Euro 500,000. – EBITDA amounted to …
Breaking news is that Playtech’s Marvel Ultimate Power Jackpot has been hit by an as yet unnamed player on an unspecified online casino (we’re awaiting details). Reports also suggest a punter won a massive jackpot on Blueprint Gaming’s Plants vs Zombies for GBP 563,138 earlier this week, again we await more detail.
Following a forecast warning at the end of March, William Hill has delivered a trading update for the 17 weeks to April 26, 2016 that reveals a disappointing online performance. Despite trading in line with previous full-year operating profit guidance of GBP 260 – GBP 280 million, the group posted a 3 percent decline in …
The Dutch gambling authority Kansspelautoriteit (KSA) has warned operators and platform providers to ensure their gambling apps and accompanying promotions are not accessible to Dutch consumers. The KSA said it had identified 49 real-money gambling-related apps that are now under investigation. Initially concentrating its efforts on real-money gambling apps, but citing recent Australian research that …
Intertain Group reported good progress in the first quarter of 2016, delivering strong revenue and a turn around in net income losses. Key performance indicators for the three month period ending March 31, 2016 include: – Group revenue of CAD 128.5 million (Q1/2015: CAD 32.8 million). – Net income amounting to CAD 10 million (Q1/2015: …
Currently doing the rounds is an interesting article penned by Adam Sellke, founder and CEO of Evolve Labs, a company that develops and provides platforms and products that help gamers connect, coordinate, and play video games. The company became involved in the burgeoning eSports vertical late last year in a deal with Riot Gaming that …
Missouri Senate Minority Leader Sen. Joe Keaveny’s bid to regulate intrastate daily fantasy sports succeeding in the state Senate Tuesday, passing on a vote of 20 vs. 10. However a difference over annual fees with the original House bill means that the measure must revert to the House for resolution. Keaveney’s Senate bill limits daily …
In a well-timed move before the start of the Euro 16 football championships, HTML games developer Core Gaming has released its latest product, titled “Football Frenzy.” The instant win game offers players the opportunity to turn GBP 1 into GBP 25,000, with GBP 250,000 possible on a GBP 10 stake, and is set against a …
The Nevada Gaming Control Board is to discuss the eSports phenomenon on May 13 at a Gaming Policy Committee meeting opened by Nevada Governor Brian Sandoval and featuring presentations by eSports interested parties. The committee is especially interested in the potential for developing eSports as an integral part of the state gaming industry, and has …
In a move to better understand the rise of online social casino gaming, the Massachusetts Gaming Commission invited experts to share their views at a meeting in Boston this week. The vertical, where no real money is directly wagered on games, and players are rewarded by leaderboard positioning, escalating levels or virtual prizes, continues to …
UK gambling firm Betfred has made a significant investment in the Scottish Professional Football League in a three-year sponsorship of the Scottish League Cup, now known as The Betfred Cup, which is estimated by pundits to be worth around GBP 1 million. As exclusive title sponsor of the Scottish League Cup, Betfred will enjoy extensive …