DFS News reports that daily fantasy operator DraftDay hopes to cash in on the popularity of online porn through a deal with Vivid Entertainment, one of the internet’s largest purveyors of adult films, to offer daily fantasy to viewers through a new joint venture titled VividBetSports.com (see previous report). Company officials told the publication that …
The UK Gambling Commission has released new figures which it claims offer better insight into online gambling behaviour in Britain. Accompanied by easily digestible infographics the report cover participation in gambling, perceptions of gambling and rates of problem gambling. The research for the first time also includes information about how people gamble online – the …
FY 2015 results posted by Caesars Entertainment reveal that net revenues increased 14.7 percent to $4.5 billion driven by increased performance of the hospitality offerings and Caesar Interactive’s social and mobile games business. “Caesars achieved solid operating momentum throughout 2015. Including CEOC’s results, the enterprise experienced its best full-year of operating results since 2007,” said …
The proposed sale of the Western Australian government TAB betting agency (see previous reports) has prompted WA Gaming Minister Colin Holt to warn that he will not support the sale if the money goes towards paying down the mounting state debt. In a letter to WA Treasurer Mike Nathan, Holt emphasised that cash from such …
Media reports in the Sunday Times and investment publication Motley Fool this week quoted an anonymous source who speculated that Playtech could be eyeing Openbet and possibly Amaya with a view to an acquisition move. The reports noted that Playtech has an expansion strategy, along with a cash pile of $600 million and easy access …
Australian debit card issuer eMerchants has generated a significant amount of media coverage Downunder with its current report on bookmaker-branded debit card usage, which reveals that usage increased six-fold – from A$15 million to A$90 million – in the first half of last year. The Sydney Morning Herald reported that most of the major Australian …
Sweden’s Higher Court of Appeal has acquitted five defendants of an aggravated fraud sentence delivered when they were found guilty earlier this month by a Swedish District Court of playing poker against 25000 Svenska Spel poker players using a poker bot. The case broke in 2003, when Svenska Spel notified local police of suspected fraud …
Dante’s Hell, the latest 3D multi-line slot release from gaming developer World Match, takes players on an escape from the spiritual depths offering Free Spins, Free Spin Wild, Wild, Magic Wild, Wild Multiplier, Scatters and Bonus Games as they journey through the twists and turns. A demo version can be watched here: http://www.worldmatch.eu/games/dante-hell-hd/
Israeli white label daily fantasy sports (DFS) provider Fantasy Network has entered into a distribution deal with iGaming provider SoftGamings. Under the terms the deal, SoftGamings will become an authorised platform and distributor of DFS Games while Fantasy Network will provide the platform with their simplified DFS along with support for CIS Football leagues and …
Win Cash Live parent company Lean Forward Ltd has appointed Jim Supple as chief operating officer. Supple previously spent around three years with 360 Change Consultancy Ltd, prior to which he served as Betfair’s interim Trading Director and in various positions over a nine year period at William Hill. Supple will assist in executing Win …
Australian online race and sports betting operator TopBetta was found guilty of offering gambling inducements by the Liquor & Gaming NSW (New South Wales) authority this week. The company admitted guilt on three counts of publishing gambling advertising on its website between October 2014 and May 2015 that promoted “NO LOSE SATURDAY” where it offered …
Dutch central bank, De Nederlandsche Bank ,and gaming authority Kansspelautoriteit will cooperate on issues concerning the financial supervision, money laundering, financing terrorism and sanctions acts through a formal agreement signed this week. The two entities have agreed to exchange confidential information and will advise and authorise in collaboration prior to launching any enforcement action. In …
Online gambling platform provider Leander Games has partnered with games developer Genii to distribute the gaming technology supplier’s portfolio of more than 130 games. The package includes Genii’s broad range of interactive games, including its i3D range and the patented Spin16 games, which allow players to interact directly with the reels, swiping up, down, left …
Online gambling games provider Habanero has launched its latest new online slot, Fa Cai Shen, to celebrate the Chinese New Year. The 5×3, 28 selectable line game is named after the Chinese God of Fortune, who makes two guaranteed and expanded appearances as a wild during each bonus spin. Fa Cai Shen also gives players …
Billionaire gambling equipment mogul and founder of Ainsworth Game Technology, Len Ainsworth (92) has sold his entire 53 percent stake in the company to Austrian gaming company Novomatic for $473 million. Ainsworth will remain as chairman of the company after selling 172.1 million shares at $2.75 a share. The Ainsworth board said it supports the …
The Board of Directors of Swedish gambling group Betsson AB has appointed Ulrik Bengtsson as new CEO and president of the company effective March 1 2016. Bengtsson has extensive experience of digital consumer services and four years of experience in Internet gaming management through his role as CEO of Betsson Malta. He will replace Pontus …
The impact of the UK’s FOBT and point of consumption online tax on gambling group Ladbrokes was quantified Tuesday in the release of the company’s preliminary results for Q4 and FY 2015, with the company warning that it faces around GBP 50 million of increased taxation. Key numbers listed in the report include: * Group …
Online gambling group Amaya Inc. has issued an update on its legal struggle with the Commonwealth of Kentucky, reporting that it has filed a notice of appeal against the previously announced December 23, 2015 Kentucky trial court order for damages against its subsidiaries (see previous reports) and has posted a US$100 million supersedeas bond to …
One of the highlights of the 2016 ICE show earlier this (February) month was Microgaming’s very professional Cryolab display, which showcased the company’s extensive R&D push preparing for Virtual Reality technology in the industry. The hi-tech 3D exhibit was housed in an ultra-futuristic, CRYO lab, constructed specially for the event, and included a literally hands …
The conclusions reached by last year’s mid-December Intertain review of allegations of company mismanagement by short seller Spruce Point Capital Management (see previous report) have been followed by some interesting changes, announced this week. These involve CEO John Kennedy Fitzgerald stepping down, and chief financial officer Keith Laslop relocating to a new senior management position …
Sportech PLC’s former chief operating officer Ian Hogg has been named as one of several suitors angling for ownership of Sportech’s Football Pools business (see previous reports). A Sunday Times report indicated Hogg intends raising around GBP 100 million through a stock market flotation of the Football Pools business to fund the acquisition should his …
International financial services group Western Union has released an SEC statement informing interested parties that it is currently the subject of an apparently wide-ranging US federal investigation into its activities, particularly regarding transactions with Costa Rica, Nicaragua, Panama, Haiti, Philippines, Vietnam, the Dominican Republic, Peru and the Bahamas. The investigation is under the authority of …
Spain-based gaming supplier R. Franco Group has acquired a controlling stake in platform provider Mediatech Solutions for an undisclosed consideration. Mediatech said the substantial investment will create a potent, new omni-channel giant with R Franco integrating Mediatech’s IRIS platform along with a portfolio of 1,500 games. “This new joint team has already displayed its ability …
Irish-based, US-listed online gaming operator SeanieMac International Ltd has entered into a material definitive agreement for the acquisition of Apollo Betting and Gaming Ltd’s UK online gambling and betting business for a total consideration of $2,000,000. SeanieMac will reportedly migrate the acquired business onto a new operating platform.