Gambling news - page 670

Evolution Gaming names group CTO

18 Jan 2016

David Craelius has been appointed Group Chief Technology Officer by live casino solutions provider Evolution Gaming. Craelius served most recently as chief executive officer of Gavagai, a technology firm for big data analysis. Prior to Gavagai, he served as CTO of Klarna, Head of Banking at Avanza and CIO of Nordnet. “My aim is to …

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Softswiss tie up with NetEnt

18 Jan 2016

Gaming solutions provider SoftSwiss has partnered NetEnt as an official B2B and B2C re-seller of the Swedish game developer’s content. The agreement covers NetEnt’s existing portfolio along with future releases providing SoftSwiss licensees with more in terms of content choice from an already substantial offer that covers games from Microgaming, Amatic, BetSoft, Ezugi and Endorphina. …

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New Head of Investor Relations and Strategy at GVC Holdings

18 Jan 2016

GVC Holdings plc has appointed Nick Batram to the newly created role of Head of Investor Relations and Corporate Strategy.of the group ahead of the completion of the proposed acquisition of Bwin.Party Digital Entertainment plc early next (February) month. He will take up his appointment in the second quarter of 2016. Batram’s appointment follows that …

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New progressive jackpot slot from Magnet Gaming

18 Jan 2016

Danish online gambling games developer Magnet Gaming has announced the launch of its latest slot, Candy Kingdom, an HTML5-based five-reel game that boasts two progressive jackpots and four bonus games, branded Pattern Matcher, Candy Mix, Cake Spinner, and Waffle Hill. A prize is triggered whenever three or more symbols line up next to each other. …

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Aussie betting giant rejected a Ladbrokes offer to partner up

18 Jan 2016

The Age newspaper in Australia published an historically interesting industry consolidation article over the weekend, claiming that back in late 2013 an approach for a joint venture from Ladbrokes was rejected by Aussie betting giant Tabcorp. The alliance could have created the most powerful bookmaker group in the country, capable of competing against the online …

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Tennis match-fixing scandal surfaces

18 Jan 2016

A joint investigation by the BBC and the online publication Buzzfeed uncovering evidence of match-fixing at top player levels in international tennis started hitting the headlines over the weekend and looks set to generate large volumes of political and business comment. The results of the investigation are to aired on BBC television on Tuesday night …

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Three DFS measures on the table in Washington State

17 Jan 2016

Making bets on daily fantasy sports is regarded as illegal in the state of Washington, but three lawmakers are working to liberalise the strict laws that could affect over a million players in the state. Sen. Pam Roach is concerned that harmless “water cooler fantasy-football” leagues – widespread in offices and factories – could make …

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Texas Attorney General cautious on legality of daily fantasy sports

17 Jan 2016

Daily fantasy sports operators are anxiously awaiting the opinion of Texas Attorney General Ken Paxton on the legality of daily fantasy sports under state law…and market leaders DraftKings and FanDuel have been urging players to appeal to lawmakers not to ban their pastime, according to a weekend report on local television news station KXAN. The …

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Row over Australian Open gambling ads

17 Jan 2016

This year’s Australian Open tennis championship will for the first time feature electronic advertising boards paid for by gambling companies that include William Hill when the action starts Monday. The boards will be used in the three main arenas at Melbourne Park, named after Rod Laver, Margaret Court and the Hisense company and will present …

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Another DFS company closes down

16 Jan 2016

Daily fantasy sports operator FantasyUp has closed its virtual doors, advising players by email: “FantasyUp no longer has the capital to fund even minimal operations. As of January 14th, 2016, the Company has ceased operations and legally dissolved the business. Our sincere apologies that we cannot process withdrawals, as the Company does not have the …

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Nevada governor reconvenes gambling policy committee

16 Jan 2016

Nevada governor Brian Sandoval announced Friday that he is reconvening the Nevada Gaming Policy Committee to look into ongoing issues in the gaming industry, including daily fantasy sports, skill-based games, the state’s interactive gaming agreement and other matters. The 12 member committee is comprised of politicians, regulators, a tribal representative, stakeholders from the Nevada gaming …

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Betfred online punter gambled with stolen money

16 Jan 2016

The Yorkshire Evening Post reports that 30-year-old accountant Matthew Stevens has been jailed for three years and four months for stealing GBP 850,000 from his employer and gambling it away with online gambling provider Betfred. The accused pleaded guilty to two charges. Prosecutor Martin Robertshaw said that Stevens plundered his firm’s accounts over a 13-month …

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Responsible Gambling Trust chairman steps down

16 Jan 2016

The Guardian newspaper in the UK reported Friday that Neil Goulden, chairman of the Responsible Gambling Trust, has announced his retirement from the problem gambling organisation. The announcement follows conflict of interest questions regarding Goulden’s dual role of lobbying for UK bookmaking companies, the Guardian notes. Earlier this month, the Guardian revealed that Goulden had …

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Online player advocate achieves ADR approval

16 Jan 2016

ThePogg, an online gambling information site that has been active in helping aggrieved players achieve resolutions in online casino disputes for the past three years, has been recognised as an acceptable dispute resolution provider by the UK Gambling Commission. Commenting on the company’s approval as an Alternative Dispute Resolution service, a spokesman said Friday: “We …

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New York online betting ring members charged

16 Jan 2016

Five California men accused of involvement in the operation of a $32 million US online sports betting ring (see previous reports) were charged with conspiracy and illegal gambling in a New York court this week following uncontested extraditions from Los Angeles. The alleged ring leader of the group, Cyrus Irani (39) was named in arraignment, …

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Trio of daily fantasy sports developments

16 Jan 2016

The legality issue on daily fantasy sports continues to occupy the thoughts of US lawmakers at state level, judging by reports from the United States Friday. In Maryland the state’s financial Comptroller has announced that an enquiry into the legality of DFS is to be conducted. The announcement follows the submission of a report by …

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Paddy Power-Betfair merger timetable released

15 Jan 2016

Paddy Power and Betfair have announced a timetable for the forthcoming merger of the two gambling groups, noting that the merger has been cleared by the Competition and Consumer Protection Commission, and commenting: “Subject to the Scheme being sanctioned by the Court on 1 February 2016, the company expects the merger to complete on 2 …

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Mondogoal and Intralot in Italian fantasy football partnership

15 Jan 2016

The Boston-based fantasy football platform provider Mondogoal is to partner with Intralot in order to expand into the Italian fantasy market, the company announced this week. Mondogoal is launching a new Italian-facing website in concert with the partnership deal, incorporating both freemium and real money gambling services. Shergul Arshad, founder and chief executive of Mondogoal, …

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First William Hill Accelerator winner announced

15 Jan 2016

William Hill Labs’ “accelerator” initiative aimed at encouraging and supporting start-ups with innovative technological ideas has named its first winner, a Manchester start-up branded BetGame which was founded by Doug Ward and Dave Carter. Betgame is leveraging the growing popularity of eSports by bridging the gap between mainstream console gaming and casual betting, with William …

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Two new managers for Mr Green online casino

15 Jan 2016

Bo Wänghammar, chief executive officer at the Mr.Green online casino group, has announced two important managerial appointments. After seven years in client account management at software provider NetEnt, Andrew Crosby has been appointed as head of casino at Mr. Green, and should fit in well after years of working with the company. “Andrew Crosby has …

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Sky Betting a good place to work

15 Jan 2016

Staff at the Leeds, UK base of online gambling operator Sky Betting and Gaming received the encouraging news this week that they work for one of the most employee-friendly companies in Britain. The company has been acknowledged in the Sunday Times Top 100 Best Companies lists as being among the best to work for; a …

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Bet365’s Romanian troubles continue

15 Jan 2016

The strange case of the Romanian regulator’s suspension of online gambling group Bet365’s licence continued to mystify observers this week, when the Court of Appeal in Bucharest turned down Bet365’s appeal against the suspension. It’s turning out to be an expensive affair; the UK gambling group has already had to cough up Euro 30 million …

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Blast from the past as World Sports Exchange returns to the USA

15 Jan 2016

The names World Sports Exchange and Jay Cohen evoked thoughts of a blast from the past among online gambling industry veterans this week as the news broke in the New York Times that Haden Ware, the indicted co-founder of the now long-shuttered online sportsbook World Sports Exchange, has returned to the United States after fourteen …

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Will fantasy sports be Tabcorp’s saviour?

15 Jan 2016

Morgan Stanley analyst Mark Goodridge said this week that the Australian gambling group Tabcorp may turn to an expanded fantasy sports offering to counter falling market share in the highly competitive online gambling sector. Under pressure from aggressive foreign-owned online gambling brands, the company’s market share of online wagering turnover is in decline from 30 …

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