Gambling news - page 629

Revenue and profits rise at Paddy Power-Betfair

4 May 2016

In a trading update for Q1-2016 Wednesday Paddy Power-Betfair showcased a solid performance with both revenues and profit rising significantly. The company noted that following the merger of its constituent parts in February this year, it is presenting its update on a “proforma” basis as if the two companies had been merged for the full …

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Inspired clinches Golden Nugget online deal

3 May 2016

Inspired will be the first to supply Virtual Sports online to the North American market after signing a deal with Golden Nugget Atlantic City. Inspired, who is now licensed as a technology provider to the New Jersey market, will supply Golden Nugget’s online operations through its partnership with Spin Games LLC’s ROC TM. Products include …

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SIS in Spanish distribution deal with Genius Sports

3 May 2016

Betting services provider SIS has entered into an exclusive deal with Genius Sports for the distribution of Spanish football in-play data, including La Liga, the top division of football in Spain. As La Liga’s official, exclusive partner for collection of distribution of live betting data since 2014, SIS has the rights to 2,500 matches covering …

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Good year so far for Fantasy Aces

3 May 2016

The small California-based DFS operator Fantasy Aces Daily Fantasy Sports Corporation has issued a corporate update claiming that despite the difficult business environment in the United States it made progress in 2015, with the first four months of 2016 carrying on the upward trend. Between the beginning of January and the end of April, the …

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Ruby Seven and Konami Gaming tie up

3 May 2016

Social casino games developer Ruby Seven Studios and Konami Gaming have partnered for the distribution of Konami titles to the social casino sector. Konami’s Spin Games-developed remote gaming server will integrate with Ruby Seven Studios for the distribution of popular titles to Tropicana Entertainment, Pechanga Resort and Casino, Gala Coral and Delaware North Gaming. “Introducing …

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Dafabet in Landmark sponsorship with Celtic

3 May 2016

Scottish professional football club CELTIC expanded on its relationship with online gambling firm Dafabet with the signing of a four-year Main Club Sponsor agreement that will see Dafabet’s name featured on the front of the club’s shirts from the beginning of season 2016/17. The deal expands Dafabet’s existing contract with Celtic FC as the club’s …

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Play Games24x7 launch cricket betting app

3 May 2016

Mumbai, India-based games developer Play Games24X7 has revealed a new free-to-play social cricket betting app titled “Ultimate Bet – Cricket”. The app aims to give ardent Indian cricket supporters a simulated betting experience by allowing the placing of friendly bets on its platform using virtual chips. Social punters are currently able to place bets on …

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Online gambling bust in China

3 May 2016

Another significant illegal online gambling ring was dismantled by Hunan Province authorities in Central China following a three-month investigation, Xinhua reports. Nineteen people allegedly connected to the online gambling ring were detained, 200 bank accounts frozen, eleven limousines confiscated and over 100 computers seized in the wide-scale operation. According to Xinhua, the case involves transactions …

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Zynga launch sequel to Hit It Rich!

3 May 2016

Social game developer Zynga has launched “Spin It Rich! Slots,” building on its popular Hit It Rich! free-to-play social offer. Spin It Rich! Slots combine mobile play with a glitzy, glamorous casino theme. The app includes popular slot titles from Zynga’s Hit It Rich! offer along with new reels that are a mix of iconic …

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NYX Gaming awarded British Columbia approvals

3 May 2016

NYX Gaming Group has been awarded approvals from British Columbia’s Gaming Policy and Enforcement Branch (GPEB) as a Class B Supplier satisfying the last condition for completion of its acquisition of Openbet whose products are currently used by BCLC, Loto Quebec and the Atlantic Lottery Corporation. “I’m delighted to announce the approval by the GPEB …

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Pariplay signs up live dealer action from Evolution

3 May 2016

Evolution Gaming’s live blackjack, baccarat, roulette, and poker content is to be distributed by gaming technology provider PariPlay following an agreement between the two companies. The distribution to international online casino operators will take place through PariPlay’s newly introduced Fusion aggregator network, a company statement announced this week. Fusion provides gambling operators with access to …

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Soft drink roulette vending machine?

3 May 2016

The Japanese soft drink maker DyDo Drinco Inc. has launched its first roulette multi-lingual vending machine, where a user can win an additional free drink if the machine’s “roulette wheel” delivers the lucky Chinese number 8888. Located in the Namba district of Osaka, the machine is the first of 100 units scheduled for operation in …

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Leicester City declared EPL Champions

3 May 2016

The Leicester football club fairy tale achieved its peak Monday night when Tottenham were unable to beat Chelsea, creating the mathematical certainty that Leicester remains at the top of the log and is this year’s English Premier League champion. The rise of the underdog from 5000 to 1 outsiders in December 2015 to league champions …

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Three new games on the way

3 May 2016

The coming weeks will offer at least three new games for online slots fans, with releases from the studios of NextGen, Xin Gaming and BetSoft all due to arrive. First up is NextGen’s Robin Hood Prince of Tweets, a five reel, 40 pay-line online slot which features the legend of Robin Hood, but with the …

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Texas Attorney General responds to DraftKings court filing

3 May 2016

Relationships between daily fantasy sports operator DraftKings and the Texas Attorney General’s Office appear to be tense following the former’s filing of a court action in Dallas last month requesting a declaratory judgement against state AG Ken Paxton’s opinion that DFS in Texas is gambling and therefore illegal. Paxton followed his opinion with a cease …

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DraftKings and Fanduel agree to exit Idaho DFS market

3 May 2016

Daily fantasy sports market leaders FanDuel and DraftKings have followed their voluntary exit from the Alabama DFS market this week (see previous report) with a voluntary departure from the Idaho market. The decisions follow negotiations with Idaho state Attorney General Lawrence Wasden, who has issued an opinion that real-money DFS competitions constitute illegal gambling in …

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Amaya chief enters not guilty plea on insider trading charges

3 May 2016

The voluntarily suspended CEO of Amaya, David Baazov (35), along with two associates and three companies have entered not guilty pleas in regard to charges of an insider trading nature pressed by the Quebec financial regulator Autorité des marchés financiers. The regulator announced the submission of the pleas Monday, recalling that the securities-related charges were …

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Attorney generals discuss internet gambling

3 May 2016

A slew of US state Attorney Generals from 13 states and Washington DC will continue their deliberations on a number of issues today (Tuesday) at the 2016 Presidential Initiative Summit, which this year is being hosted in Deadwood by South Dakota Attorney General Marty Jackley, who is also president of the National Association of Attorneys …

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Lithuanian blacklist updated

3 May 2016

Following the latest update this week, there are now almost a hundred online gambling sites listed on the Lithuania Gaming Control Authority’s blacklist for ISP blocking, allegedly for accessing Lithuanian punters without the requisite licensing. The idea behind the black list, which is approved by the Ministry of Finance, is to block access to the …

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Italian market growth in 2015

2 May 2016

According to research commissioned by AAMS/Sogei and undertaken by the Politecnico di Milano’s Osservatorio Gioco Online, Italian online players spent Euro 821 million on regulated games during 2015, a 13 percent increase. A 27 percent growth in casino games led to an increase in terms of total gaming expenditure bringing the online sector to account …

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Betsson’s Triobet attains Latvian licensing

2 May 2016

Betsson subsidiary Triobet has been awarded a Latvian license to operate within that market. “When outdated legal structures and old monopolies are dismantled great favorable conditions for long-term profitable growth are created,” commented Ulrik Bengtsson, president and chief executive officer of Betsson AB. “Our strategy is to increase the proportion of sustainable revenue by participating …

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NetEnt initiate share split

2 May 2016

Gaming software specialist NetEnt AB have taken the decision to split each NetEnt share into seven new shares, one of which will be a redemption share. Each redemption share will be automatically redeemed at SEK 8.00. The last day of trading in NetEnt shares before the split, including the right to redemption shares is May …

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Cherry acquires ComeOn

2 May 2016

Last week’s industry speculation, following Swedish gaming company Cherry AB’s halt in trading, was put to rest Monday as Cherry AB announced the acquisition of 49 percent of the shares in online gaming company ComeOn Malta Ltd. Under the terms of the agreement, Cherry also reserves the option to acquire the remaining 51 percent share …

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Solid first quarter from Bet-At-Home

2 May 2016

Betclic Everest subsidiary Bet-At-Home.com has released solid first quarter results attributed to ongoing marketing and brand awareness strategies which include its high profile jersey sponsorship of Berlin-situated football Club Hertha BSC. Key performance indicators for the three month period ending March 31, 2016 include: – Gross betting and gaming revenue up by 6.4 percent to …

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