Gambling news - page 640

TopBetta tests the eSports water

11 Apr 2016

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 …

Read now

Colossus Bets attacked by UK gambling reform group

11 Apr 2016

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 …

Read now

Aussie group calls for POC style taxation on internet gambling

11 Apr 2016

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 …

Read now

Daily fantasy sports bill making progress in New Jersey

10 Apr 2016

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 …

Read now

Paddy Power up to its guerilla marketing stunts again at Grand National race

10 Apr 2016

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 …

Read now

New football-themed slot from NetEnt

10 Apr 2016

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 …

Read now

DraftKings sued by CG Technology in patents filing

9 Apr 2016

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 …

Read now

Asian internet giant to sponsor multi-million dollar eSports tournament

9 Apr 2016

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 …

Read now

Have Amaya’s troubles weakened Pokerstars’ California alliance?

9 Apr 2016

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 …

Read now

Louisiana daily fantasy sports measure already attracting flak

9 Apr 2016

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 …

Read now

Computer tablets seized in more Malaysian gambling raids

9 Apr 2016

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 …

Read now

Is Malta licence suspension linked to recent Italian online gambling busts?

9 Apr 2016

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 …

Read now

Thai police shutter two online gambling operations

8 Apr 2016

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 …

Read now

Amaya sportsbook signs up for horserace betting partnership

8 Apr 2016

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, …

Read now

High School hackers busted in Korea

8 Apr 2016

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 …

Read now

Betsson to improve business reportage

8 Apr 2016

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 …

Read now

Irish online bookmaker closes… for now

8 Apr 2016

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 …

Read now

Appeal of eSports is growing

8 Apr 2016

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 …

Read now

Aussie politician seeks ban on gambling adverts

8 Apr 2016

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 …

Read now

Missouri House moves on daily fantasy sports

8 Apr 2016

In Missouri, Senator Scott Sifton’s SB 1131 may have stalled in the Senate Progress and Development Committee (see previous reports) but senators will now have to consider a House alternative anyway. The Associated Press news agency reported Thursday that state House lawmakers sent a measure declaring intrastate DFS legal to the Senate on a vote …

Read now

UK member of parliament takes up dormant online betting accounts issue

8 Apr 2016

Scottish National Party MP for Inverclyde Ronnie Cowan has taken up a six-year drive started by Liberal Democrat MP Lord Foster to get the UK government interested in commandeering funds left in dormant online gambling player accounts and allocating them to responsible gambling projects (see previous reports). Cowan reported to the publication Politics Home this …

Read now

Adelson casino firm hit with another penalty

8 Apr 2016

The US Securities and Exchange Commission revealed in a statement Thursday that Sheldon Adelson’s Las Vegas Sands company has agreed to pay a $9 million penalty to settle allegations of Asian bribery emerging from a five-year federal investigation based on the Foreign Corrupt Practices Act.. The SEC statement details a lack of correct documentation regarding …

Read now

Things are looking up for remaining Atlantic City Casinos

8 Apr 2016

The Press of Atlantic City reports that figures released Thursday by the New Jersey Division of Gaming Enforcement show that in 2015 all eight surviving Atlantic City land casinos returned operating profits. Collectively, the eight casinos saw operating profit increase 40 percent last year, reporting $547 million in gross operating profit in 2015, up from …

Read now

Bitcoin operator switches to Softswiss

8 Apr 2016

One of the larger Bitcoin online casino operations, mBit Casino, has announced that it has switched from the CoinGaming platform to a more diverse offering from SoftSwiss, becoming the latest such site to opt for the SoftSwiss solution. The switch means that mBit players have wider access to a variety of online casino, poker and …

Read now