Gambling news - page 630

SoftSwiss launches online casino for Bitcoin operator

2 May 2016

Online casino white label provider SoftSwiss has announced the launch of a new internet casino titled Bitcoin.com for Bitcoin virtual currency promoter and investor Roger Ver. The casino is a vehicle for not only a further income for Ver’s company, but one which will further publicise the advantages of e-commerce using virtual currency. Ver founded …

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Australians warned about online lottery operator

2 May 2016

Offshore online lottery operator Lotto Spring is getting a media roasting in Australia after being accused by a punter of unauthorised deductions from her bank account, and allegations that it is not licensed for Aussie operations. The issue has been exacerbated by the apparent silence of the operator, who is licensed in Curacao and based …

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New games from WMS and Playtech

2 May 2016

Scientific Games subsidiary WMS and online gambling turnkey provider Playtech have both announced new games due for release soon. Escape to Margaritaville from WMS is the fruit of an agreement signed in 2014 with singer-hotelier-businessman Jimmy Buffett’s Margaritaville leisure empire which gave WMS the right to use the famous brand in for-money online games and …

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Quiet quarter for Aussie gambling group

2 May 2016

Australian gambling group Tabcorp has reported on its relatively quiet Q3-2016, posting group revenue of A$518.4 million, a year-on-year rise just short of 2 percent despite wagering turnover growing by 3 percent. The disparity between the two metrics was caused by player-favourable horse racing results, chief executive officer David Attenborough explained. The quarterly results bring …

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Better news from Macau

1 May 2016

Has the fall in Macau gambling revenues finally started to bottom-out? That’s the question analysts are asking after the April numbers were released yesterday by the Macau Gaming Inspection and Coordination Bureau, showing that the monthly decline of 9.5 percent was less than had been anticipated by analysts. GGR came in at 17.3 billion patacas …

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VIP Casino closes

1 May 2016

VIP Casino.com, a stablemate for Intercasino in the Canadian-listed Intertain online gambling group since 2014, has advised players that it has closed, referring them to sister-site Intercasino. A website notice this week advised visitors to the site: “We are sorry to announce that VIPCasino.com has ceased to operate. In the case you had a pending …

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Good timing for release of NetEnt’s new football slot

1 May 2016

Swedish online gambling games developer NetEnt has flagged May 21 as the release date for its latest online slot, a football themed game titled Football: Champions Cup. It’s a canny bit of planning, with the massive Euro 2016 football tournament in full swing at that time and European interest in football at a peak. The …

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Aussie online gambling clampdown – what’s next?

30 Apr 2016

Australia’s media had a field day late last week with the release of the O’Farrell review and ministerial pronouncements on a clampdown on online gambling in general and internet in-play betting in particular, but once the political bluster is done what is likely to happen? The question was asked in the publication The Conversation, which …

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Isle of Man regulator mulls digital currencies

30 Apr 2016

With the continued increase in the use of virtual currencies such as Bitcoin in online gambling transactions, the publication CoinDesk reports that regulators on the Isle of Man are currently weighing regulatory changes that would allow gambling services to accept digital currencies “as if they were cash”, to ensure that the regulations remain relevant and …

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Daily fantasy sports operators exit Alabama market

30 Apr 2016

Alabama daily fantasy sport fans will be unable to participate in competitions following a decision Friday by market leaders DraftKings and FanDuel to leave the market in compliance with a “cease and desist” letter from state Attorney General Luther Strange. Our readers will recall that AG Strange issued an opinion earlier this year that DFS …

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Italian online gambling continues to shine in Q1-2016

30 Apr 2016

Figures from the Italian regulator AAMS show that total Italian online gambling revenue in the first quarter of 2016 reached Euro 267 million, up 21 percent year-on-year. Most of that was generated by online casino action which contributed Euro 106 million for a 38 percent improvement on the preceding year, with Lottomatica the main supplier …

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New online casino planned

30 Apr 2016

EM Group and Aspire Global have continued their partnership, this week announcing the upcoming launch of a third online casino titled DealersCasino.com. The casino is set to launch in the second quarter of 2016 and will join a EM Group stable that includes Lanadas.com and Lanadas.dk, both using the Aspire platform. Nikolai Jensen, head of …

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Italian online gambling market on the rise

30 Apr 2016

Figures from the Italian regulator AAMS show that Italian online punters spent Euro 821 million with licensed betting operators last year, a year-on-year increase of 13 percent. Online gambling contributed 4.8 percent of total gambling wagering, up by 0.6 percent from the preceding year, with growth mainly in casino gaming which grew 27 percent over …

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GameAccount Network battled in 2015

30 Apr 2016

Simulated Gaming provider GAN investors will be disappointed with the company’s FY 2015 results released this week, although CEO Dermot Smurfit remains upbeat that better things lie ahead, especially in the US market where he has clinched several deals with land gambling companies. Net revenues for 2015 were 20 percent down year-on-year at GBP 6 …

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Good first quarter for Mr Green online casino

30 Apr 2016

The Swedish online casino operator Mr Green has posted a positive first quarter result, reporting that non-Nordic European markets rose encouragingly, enabling a 12 percent increase in revenues despite the Nordic business remaining largely flat. Revenues reached SEK 218.5 million (around GBP 18.7 million) in Q1-2016 and EBITDA was up 24 percent at SEK 30.2 …

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Bet365 squares up to Bulgarian regulator

30 Apr 2016

The UK-headquartered Bet365 online gambling group has had a first clash in a Bulgarian court this week in its legal challenge to the Bulgarian regulator over a unilaterally revoked licence. Our readers will recall that the regulator granted the company a licence late 2015, only to rescind it before the paperwork was issued for reasons …

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Sports betting integrity body critical of Aussie gambling laws

30 Apr 2016

The non-profit sports integrity body ESSA has responded to the news that the Australian government is planning to make online in-play betting illegal (see previous reports) with a factual list showing up the inconsistencies in Australian gambling laws. In a series of hard-hitting bullet points, the body notes: * Whilst the Interactive Gambling Act of …

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Top Las Vegas Review-Journal columnist resigns

29 Apr 2016

The row at the Las Vegas Review Journal in which editor Keith Moyer indicated that he would not permit long-time columnist John L. Smith to write about Las Vegas casino owners Sheldon Adelson and Steve Wynn (see previous report) came to a head this week with the resignation of the respected columnist. Our readers will …

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Greentube – Foxwoods social casino deal completed

29 Apr 2016

The integration by Greentube of a free-to-play social casino for Foxwoods Resort Casino in the United States (see previous report) has been completed, with Online.Foxwoods.com now live, powered by Greentube Pro. BlueBat Games, a subsidiary of Greentube, played a major role in the extensive revamp of the enterprise, reportedly working against tough deadlines. “Both teams …

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Reactions to O’Farrell report on online gambling continue to build

29 Apr 2016

The release Thursday of the O’Farrell review of the Australian Interactive Gaming Act – and its recommendations that in-play betting be curtailed and stricter enforcement actions against offshore online betting firms be implemented – continued to generate comment from the media and interested parties Friday. The review, completed mid-December last year but held for study …

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Tennessee Governor signs off on daily fantasy bill

28 Apr 2016

Tennessee joined Virginia and Indiana in legalising daily fantasy sports when Gov. Bill Haslam signed a bill approved by the state legislature into law this week. The measure enjoyed a rapid passage through both House and Senate, passing on votes of 67-17 and 27-2 respectively (see previous reports) before going to the governor’s desk. The …

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Las Vegas revenues dip in March

28 Apr 2016

Nevada regulators reported Thursday that gambling revenue for March 2016 slipped 3 percent year-on-year, with the casinos winning $951 million. The decrease was attributed mainly to lower winnings in the Las Vegas casinos. The Nevada Gaming Control Board reported that Las Vegas Strip gambling revenue was down 4 percent to $487 million last month, and …

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Metro Play saga nears its end

28 Apr 2016

The sad saga of online gambling websites Metro Play and 666Bet (see previous reports) appears to be drawing to a close following the liquidator’s report to creditors, which offers them little comfort and lists a total debt of GBP 1,285,965.84, but no recoverable assets to meet the company’s obligations to its creditors. The creditor list …

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eSports betting conference scheduled for London next month

28 Apr 2016

European betting companies curious about the burgeoning opportunities in global eSports should diarise May 18 at the Royal Gordon Hotel in London, where a major conference on the vertical has been convened. The potentially GBP 20 billion market in eSports (by 2020) will be unpacked in detail for the benefit of delegates by a slew …

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