Gambling news - page 632

No power for these people

23 Apr 2016

The police in Kota Kinabalu, capital of the Malaysian Sabah province, have deployed a new weapon in their fight against illegal online gambling operators – cutting off their electricity supply. The measure will help prevent the notoriously persistent illegal operators from simply buying new computers and re-starting operations following police raids…now they will have to …

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U.S. trade body throws its weight behind sports betting legalisation

22 Apr 2016

There is some irony in the fact that after the state of New Jersey has battled unsuccessfully for the last three years to secure intrastate legalised sports betting, the American Gaming Association is now pushing hard for changes to federal law. In terms of the federal Professional and Amateur Sports Protection Act 1992 just four …

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Tatts – Tabcorp merger on the backburner for now

22 Apr 2016

Robbie Cooke, chief executive of the Australian Tabcorp group, has confirmed the accuracy of an advisory sent by Tatts Group to shareholders that a A$9 billion merger with Tabcorp is currently on ice. The Tatts advisory explained that both companies are bidding in the A$1 billion sale of the Western Australian government’s TAB network, the …

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GameAccount inks major simulated gaming deal with tribal casino group

22 Apr 2016

GameAccount Network (GAN) continued to hoover up the land casino demand for online free-play social casino systems this week, announcing yet another US deal, this time with “one of the largest Native American casino operators in the US.” The operator concerned cannot be identified until the regulators have given approval, but GAN’s Simulated Gaming social …

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Record Colossus football jackpot planned for Euro 2016 Championship

22 Apr 2016

A dedicated windfall of Euro 70 million will be available for the successful punter who hits the Colossus jackpot on the upcoming Euro 2016 football championship, distributor BetConstruct has announced, claiming one of the biggest sports-gambling jackpots yet seen. On Friday the company took the opportunity to launch a new online betting partner site titled …

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Ultraplay expands player offering with virtual sports and new slots

22 Apr 2016

Bulgaria-based betting product development, operations and casino marketing group UltraPlay has enhanced its product line-up with Virtual Sports games from BetRadar and online slots from Prague-based Endorphina Games. Chief operating officer Borislav Borisov announced this week that the new virtual sports games have launched at UltraPlay client sites BetEast and VulkanStavka, and Endorphina’s casino games …

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U.S. division of Betfair in new U.S. exchange partnership

22 Apr 2016

The US branch of UK online gambling group Betfair (now part of the Betfair-Paddy Power UK gaming leviathan) has disclosed that starting May 10 it will operate a real-money betting exchange – the first in the United States – with New Jersey horseracing group Monmouth Park in the Darby Development group. Beta testing on the …

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Another Russian tax shock for online gambling

22 Apr 2016

The Russian Ministry of Finance has a strange way of creating the right tax environment to encourage online gambling operators, as demonstrated by its recent announcement of a tenfold hike in online gambling taxes paid by Russian bookmakers to 2.5 to 3 million roubles per operating region, along with a plan to make the already …

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Greek government to vote on higher gaming taxes

22 Apr 2016

The Greek government has confirmed that it intends to call a parliamentary vote next week in order to increase the already high tax rate on gaming from 30 percent to 35 percent (see previous reports). In the quest for ever more tax revenue the government appears deaf to pleas from operators that it will be …

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New online slot from Zeus services

22 Apr 2016

With a science fiction theme and a minimalistic lay-out, the new Dice Tronic slot from Bulgaria-based developer Zeus Services launched Thursday, boasting RTP of up to 94 percent. The browser-based 5 reel slot has 5 fixed pay lines and 3 stops, and joins the company’s new NXG Line platform to become Zeus’s second game release …

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Mr Green names Kambi as its sportsbetting partner

21 Apr 2016

Kambi’s new Premium sportsbook product, due for release later this year, has already been selected by the Mr Green online casino company to complement its existing casino action. Kambi chief executive Kristian Nylen said in a statement Thursday that Mr Green is well positioned geographically to enhance its success with the new product “We look …

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Zengaming raises $2.8 million for eSports venture

21 Apr 2016

With its eyes firmly on the burgeoning eSports business space, social gaming network Zengaming raised $2.8 million in funding this week, with Australian land casino group Crown Resorts leading the round in its efforts to push further into the eSports competitive video gaming phenomenon. Other investors include financial firms NFX Guild, 500 Startups, iAngels, and …

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Playtech to roll out casino management system for Rank’s Grosvenor Casinos

21 Apr 2016

The Rank Group’s Grosvenor Casinos – the largest land casino chain in the UK – has signed up for Playtech’s cloud-based Neon casino management system, which is already installed and operating across 43 UK casinos in the Genting stable. Grosvenor operates 55 venues across Britain and, once integration is complete, Playtech will be able to …

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Core gaming in Betfair-Paddy Power deal

21 Apr 2016

Online gambling HTML5 software developer Core Gaming has inked a game distribution deal with UK online gambling powerhouse Betfair-Paddy Power. The company revealed in a statement Thursday that the agreement will initially cover five of Core’s most successful titles, including Scratch 4, Sky’s the Limit, Beehive Bedlam and 3 Card Brag, with the games set …

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New Moody Investor survey is positive on internet gambling

21 Apr 2016

A new survey by Moody’s Investors Service makes an optimistic assessment on the industry, saying there are good growth opportunities despite pressure from increasing taxes and regulation. Titled “Gaming — Europe: Online Gamblers Will Drive Growth for European Gaming Companies”, the report notes that online gaming markets like online poker, casino, sports betting, bingo and …

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Greek government commits to regulated online gambling

21 Apr 2016

The Greek government has once again committed to properly and fairly regulating and licensing online gambling in order to replace the highly contentious 24 “temporary” licenses issued and then revoked by government last year, triggering legal actions. But according to Parliamentary discussions this week a new process will likely bring with it an increase in …

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NetEnt’s Jimi Hendrix online slot launched

21 Apr 2016

  Swedish online gambling games developer NetEnt launched its next offering in the NetEnt Rocks series Thursday with the release of the much-anticipated Jimi Hendrix online slot Following hot on the heels of Guns N’ Roses – one of NetEnt’s most successful game launches ever – the Jimi Hendrix game gives players the full Purple …

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Ladbrokes posts Q1-2016 results

21 Apr 2016

UK online and land gambling group Ladbrokes has posted its Q1-2016 results, noting that bookie-negative outcomes from this year’s Cheltenham horse racing took some of the shine off performance, but that digital operations continued to impress. In Digital, Ladbrokes.com and Exchanges net revenue increased by 38.4 percent with strong growth in both sportsbook and gaming. …

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Tennessee legislature approves DFS bill

21 Apr 2016

The US state of Tennessee will likely become the third to legalise daily fantasy sports competitions if Governor Bill Haslam signs a new bill into state law. The state governors in Indiana and Virginia signed similar measures into law in their states earlier this year (see previous reports) On Tuesday the state Senate agreed on …

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New online casino for Danish market

21 Apr 2016

Turnkey online casino provider EveryMatrix has launched a new Denmark-facing white label online casino and sportsbook titled Anna Casino for unidentified owners. The enterprise is powered by EveryMatrix’s Danish licensed white label platform and offers games from Microgaming, NetEnt, Play’N GO and Spigo, all integrated through a single casino lobby and e-wallet. Richardt Funch, the …

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Illinois House advances DFS bill

21 Apr 2016

Illinois Rep. Mike Zalewski’s daily fantasy sports legalisation bill HB 4323 was advanced by the House Judiciary Committee Wednesday and sent to the floor for debate later this week amid concerns by some lawmakers that the measure had not been properly vetted and was moving too fast. “I know this is a controversial bill,” said …

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Svenska Spel chairperson quits

20 Apr 2016

Swedish media reports this week speculated on the reason behind the sudden resignation of Svenska Spel chairperson Anitra Steen (67), who will probably be replaced by Healthcare and SAS executive Erik Strand (64). Local press reports quote Steen as saying that she “could not possibly continue” as chairperson of Svenska Spel following government plans to …

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New virtual sport product imminent at Gala Coral

20 Apr 2016

UK Virtual Sports provider Inspired has reported the imminent go-live of its Rush Football Live product at Gala Coral. The premium on-demand and in-play Virtual Sports gaming product will soon be available to Gala Coral customers via online and mobile channels, having first been unveiled at the ICE Totally Gaming show earlier this year. The …

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Last gasp effort in Illinois to legalise DFS

20 Apr 2016

The Illinois House Judiciary Committee is scheduled to vote today (Wednesday) on whether to progress Rep. Mike Zalewski’s Hoiuse Bill 4323 legalising daily fantasy sports in the state (see previous reports). The bill contains provisions important for player protection such as prohibiting daily fantasy sports operator employees from competing in public competitions, and preventing players …

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