An unidentified Betfair punter cashed out GBP 53,000 on a GBP 49.50 twenty two-leg football match accumulator bet that could have ultimately awarded him GBP 1.5 million. Had this savvy punter not opted to cash-out GBP 53 000 just before Barcelona FC’s shock defeat to Real Sociedad, he/she would have walked away empty-handed. Described as …
London-listed games developer Gaming Realms has launched BGT Games as a result of its previously reported three-year agreement with Fremantle Media’s Britain’s Got Talent brand (see previous report). Readers will recall, Gaming Realms’ previously announced deal with Fremantle Media’s The X Factor brand. The new offer at BGTGames.com offers a bespoke Britain’s Got Talent version …
UK gaming operator Sky Betting & Gaming has promoted four staff members to director roles as the company enjoys increased revenues and growth along with its recent investment in the acquisition of OpenBet (see previous reports). Paul McCormick has been appointed as director of sports betting technology, Lee O’Donnell as IT infrastructure and security director, …
Malaysian police in the Kuching area have reported a weekend operation in which 18 individuals were arrested for illegal online gambling and 29 computer sets were seized in a raid on an illegal gambling outlet. The raid was mounted following public tip-offs, policed spokesman DSP Lim Bak Phai told local reporters.
Further details on proposed online gambling taxation in Russia have been revealed on the national parliament’s (Duma) website, confirming earlier reports of hefty taxation hikes (see previous bulletins). The new tax rate for online bet processing centre (TSUPIS) betting operators will be up to RUB 3 million (US$45,000). In cases when the tax rates are …
Aussie online betting group TopBetta is eying the eSports market, according to Australian media reports, and has launched an exploratory exercise by offering odds on a recent Call of Duty world league invitational tournament. Randall Noble, who heads the newly formed GameBetta division of the company, told local reporters in Newcastle, Australia that the goal …
The Gambling Reform & Society Perception action group in the UK attacked betting firm Colossus Bets over the weekend, criticising frontman and investor, former England football star Michael Owen (36), for his involvement in a company where the chances of winning the major prize are allegedly a trillion to one. Spokesman Eugene Farrar said: “I …
The South Australian Council of Social Services has demanded that government change the tax laws on gambling companies offering internet betting, saying that the present system based on where a company is licensed creates the possibility of more economical jurisdictions being chosen for tax haven reasons. The group wants to see a form of point-of-consumption …
Whilst the US Congress appears to be dragging its feet on a September 2015 review request on daily fantasy sports by New Jersey Assemblyman Frank Pallone (see previous Reports), the Garden State legislature is pushing ahead with intrastate measures in both the Senate and the House. The publication NJ.com reported over the weekend that the …
Paddy Power was up to its guerilla marketing tricks again this week, targeting the massive popularity and coverage of the Grand National horserace in the UK. Media reports showed a three-person pyramid created when the participants positioned themselves on the finish line, climbed on each other’s shoulders and, supported by others on the ground, unfurled …
The Swedish online gambling games developer NetEnt’s next big online release is likely to be a 5 reel, interactive,rich-featured game with a European football theme titled Football Champions Cup. The reported release date a few weeks before the UEFA Euro 2016 football championship kicks off in June is surely no coincidence and should provide a …
Daily fantasy sports operator DraftKings is facing a new challenge this week after news broke that CG Technology (formerly Cantor Gaming and Wagering) has filed litigation alleging 8 instances of infringements of its US patents and seeking increased damages and attorneys’ fees. Few details of the content of the filing are yet available, but the …
The Asian e-commerce giant Alibaba has announced that it is to sponsor the World Electronic Sports Games (WESG) – a new Shanghai-based multi-game eSports tournament – through subsidiary AliSports. YuuZoo Corporation Limited, a third generation social e-commerce company, will organise and run the AliSports World Electronic Sport Games through its Chinese JV YuuGames, and manage …
The insider trading charges laid against Amaya’s temporarily departed CEO David Baazov could represent a threat to the California online poker legalisation alliance that subsidiary Pokerstars has formed with cardrooms and tribal groups, according to a report in the publication Online Poker Report this week. The report notes that Lynn Valbuena, an influential leader in …
Louisiana state Rep. Kirk Talbot’s attempt to legalise intrastate fantasy sport gaming has already run into opposition from conservative action groups, among them the Louisiana Family Forum. Flagging its opposition to Talbot’s HB676, the Forum has asked its members and followers to protest the bill “in the interest of protecting Louisiana citizens from the addictive …
Police in the town of Inanam in the Sabah province of Malaysia reported at a media conference Friday that a raid on an illegal online gambling venue resulted in the seizure of 20 computer tablets and the arrest of 4 people. Police chief ACP M. Chandra said the raid was made following a tip-off about …
Two announcements by the Malta Gaming Authority this week have triggered speculation that there may be links with the Salerno, Italy online gambling busts last week (see previous reports). The first announcement (see it here: http://www.mga.org.mt/mga-regulatory-notice-on-betmod90-com/) appeared to be a reaction to some shady operator fraudulently claiming Malta licensing, with the regulator proclaiming: “The Malta …
Thai police officers in the Bang Pakong district shut down two illegal online gambling operations Friday, arresting 10 South Koreans and 1 Chinese national. Police spokesman Maj Gen Theerapol Jindaluang, told a media briefing that the illegal online betting activity was operated from two residential properties and involved accepting wagers on football placed mainly by …
Amaya sportsbook subsidiary BetStars has joined the British Horseracing Authority Authorised Betting Partner (ABP) scheme, committing itself to contributing a percentage of its online racing earnings towards supporting and promoting the sport. The operator launched in the UK earlier this year and recently added UK racing markets to its betting platform. In a company statement, …
The Busan Police Agency in South Korea announced Thursday that it has shut down a high school hacking ring that targeted online gambling websites. The Korean newspaper JoonGang Daily reports that the six high school students used captive ‘zombie’ computers, (machines that have been compromised by hackers to function as platforms for malicious activity), in …
The Swedish online gambling group Betsson has announced changes in its business reportage, advising in a statement: “To achieve enhanced transparency between Betsson and its peers and improved correlation between external reporting and how management view its business, Betsson has decided to change its methods of accounting with regards to B2B vs B2C and the …
Irish penny stock public company SeanieMac International has announced that it has temporarily ceased its online gambling operations after shutting down its betting service with Boyle Sports. The operator said in a statement this week that it plans to re-launch on a new platform in August this year, although it did not give details of …
Gambling companies are increasingly eyeing the booming eSports sector as a possible source of new revenues, reports the publication CNBC, claiming that betting on computer game competitions generated global revenue of $325 million in 2015 from media rights, merchandising, ticket sales and advertising, according to market researchers Newzoo. The Eilers research company’s latest study on …
Australia’s Green Party leader, Richard Di Natale said Friday that he intends to declare war on gambling advertisements, calling for the imposition of a ban similar to that on tobacco advertising. Di Natale’s proposal goes farther than the 2013 Gillard government ban on the promotion of live odds during sports matches, demanding a full ban …