Sweden’s partly state-owned gambling semi-monopoly Svenska Spel has enjoyed a positive final quarter to its year, enabling a limited return to growth. The quarter delivered revenue up 1.6 percent to SEK 2.43 billion, although substantial development expenses reduced the margin to 21.3 percent – down a percentage point. Over the full year NGR (net gaming …
The Australian newspaper reports that among the submissions made to the Australian federal government’s O’Farrell committee reviewing the Interactive Gaming Act is an international and supposedly confidential claim from the Philippines-registered Hong Kong Jockey Club that Asian-based online bookmakers have ties to organised crime and constitute a threat to Australia’s racing and sports activities. The …
Inspired Gaming’s virtual sports product has found favour with another client, this time Colombian lottery provider Corredor Empresarial S.A., which is to present the offering through 50,000 terminals in 5,000 retail wagering venues. Among the Inspired products supplied will be Rush Football 2, Rush Horses, Rush Motor Racing, Rush Greyhounds, Rush Motor Racing and the …
An unidentified Scotswoman and William Hill Online customer became a millionaire on Valentines Day when she won an accumulated jackpot while playing on the Festival of Lights slot. The jackpot, which was 18 months in the making, reportedly awarded the school employee GBP 2.5 million. “I was washing the dishes this morning and thought to …
Dutch gambling authority Kansspelautoriteit has opened a public consultation on a proposed addiction strategy in anticipation of the implementation of remote gambling. The existing addiction prevention policy was developed with the terrestrial sector in mind, the authority said, but after reconsidering objectives and priorities in its approach to remote gambling an expansion on the policy …
Social casino studio Plumbee has been bought by GSN Games for an undisclosed consideration. The acquisition will see Plumbee, which was previously backed by Endemol and Idinvest Partners, become GSN Games’ London studio. “This important acquisition will immediately bolster GSN Games’ ambitious growth plans by leveraging the top talent and social casino expertise of Plumbee …
International Game Technology, through its IGT Global Solutions Corporation subsidiary, has clinched a multi-year licensing agreement with theLife is Good brand. Under the terms of the deal, IGT has gained the rights to develop and distribute Life is Good lottery products throughout North America, including instant scratch games, interactive online e-instant games, and draw-based games. …
Daily fantasy sports giant DraftKings has acquired Kountermove, a provider of combat daily fantasy sports that include MMA, boxing, kickboxing and pro jiu jitsu competitions, for an undisclosed consideration. The deal significantly expands DraftKings current combat sports offer further advancing its leadership position in the sport, a company statement said. “The Kountermove team has built …
Betsson has appointed Andy Braithwaite as group director: games of chance. Braithwaite, a well-known figure in the industry, previously served as casino director and commercial officer for Mr Green. Prior to Mr Green, he was head of casino and marketing at Redbet Gaming.
Betting solutions provider, SB Betting, has partnered Belarus-licensed retail sportsbook operator Olympbet for a complete sports betting solution across both online and terrestrial markets. “Regulated markets in Eastern European countries like Belarus are always a challenge to any software provider but with our 20 years of experience on the betting market and proven success in …
Gaming software developer iSoftBet has released “Mega Boy”, a fun take on retro-style arcade games from a bygone era. Mega Boy features multipliers and a number of extended and expanding Wilds and is available across desktop and mobile devices.
In an interview with the Australian Financial Review this week the racing and gaming minister of the Western Australia provincial government, Colin Holt, revealed that its betting agency is to be sold within the next few weeks in a potentially A$1 billion deal. The minister indicated that preliminary discussions had taken place with domestic betting …
Police in the Kluang district of Malaysia have reported shuttering four online gambling shops in raids over the weekend, arresting nine individuals and confiscating 41 computer sets and other evidence. Kluang district police chief, ACP Mohamad Laham said the operation was jointly carried out by police, the Malaysian Anti-Corruption Commission (MACC) and Simpang Renggam District …
Fans of Genesis online slots can look forward to a new addition to its games inventory in a few weeks’ time, when Jason’s Quest will launch on licensee sites. This 5 reel, 25 pay-line online slot has a theme based on the Greek mythology adventures of Jason and his Argonauts as they seek the Golden …
Gaming software provider BetConstruct has added online poker to its product list following a deal with Lottotech, whose powerful online lottery platform will enable BetConstruct clients for casino and sports betting to diversify their end-user offering with instant access to the world’s biggest official lotteries. The agreement represents a win-win for both companies; it enables …
According to a report in the respected UK newspaper The Telegraph over the weekend there could be more online gambling industry consolidation on the way. The newspaper reported that William Hill plc is financially supporting a bid by NYX Gaming to acquire Openbet, a major and well-established industry technology provider that includes many top online …
US Republican presidential hopeful Senator Marco Rubio underlined his opposition to legalised online gambling in America again this week, telling a town hall meeting in Myrtle Beach, South Carolina that he is concerned about the expansion of online gambling and its consequences. The publication Breitbart reports that the senator, who is a sponsor of Sheldon …
Polish bookmaker STS has signed a one-season sponsorship agreement with Ekstraklasa top football team Podbeskidzie Bielsko-Biała which includes an option to renew. The agreement covers standard sponsorship benefits relating to publicity and access to stadium branding and advertising and promotional opportunities. A statement from STS notes that this is the fifth Ekstraklasa league side that …
Former Betit online gambling group execs Joakim Stockman and Henric Andersson’s new startup betting operation SuprNation has chosen Gaming Innovation Group’s iGaming Cloud operational platform, the company announced in a press release this week. The platform includes the full range of client management tools and is currently in use by twelve licensees. Gaming Innovation Group …
Online gambling games and software provider GameAccount Network (now titled GAN) has reported securing another Simulated Gaming Contract with a US land casino operator, having inked a deal to power a free-play social casino for Midwestern casino operator Rock Gaming LLC. In a presser released Friday, GAN advised that the casino company operates three brick-and-mortar …
Internet gambling was once again the only really bright spot in gambling stats released Friday by New Jersey’s Division for Gambling Enforcement (DGE). Internet gambling revenue was up 26.5 percent year-on-year, reaching $14.63 million. And as observers commented, without that extra online revenue, the land casino operators win in January would have been limited to …
The Russian newspaper Kommersant reports that the Russian Ministry of Finance has proposed a massive ten-fold increase in tax on the nation’s land gambling business, with an additional provision for a 10 percent tax on any future earnings from online bookmaking activity. Kommersant claims that the proposals will be complete and ready for political approval …
Phil Horne, an online gambling industry veteran with previous management experience at Gala Coral, has been tapped for the CEO post at SG Gaming, the retail and online games development subsidiary of Scientific Games. Horne, who is currently m.d. of the subsidiary, will take up his new responsibilities on the retirement of incumbent Steve Frater …
Former Unibet online casino chief and industry veteran Adam Ruffett has left Unibet after a five year tenure to take over similar responsibilities at Sun Bets, the new UK-facing online gambling company planned by Aussie bookmaker Tabcorp and the British newspaper group News UK as part of a ten-year partnership agreement. The formal launch of …