Gambling news - page 672

Lithuanian regulator to increase pressure on unlicensed operators

5 Jan 2016

Backed by the nation’s Ministry of Finance, the Lithuania Gambling Control Authority has announced that it will take severe action against unlicensed gambling operators targeting Lithuanian online punters, and plans to tighten and increase monitoring within its area of authority. A spokesman for the authority warned foreign operators that they must be in possession of …

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Online features in new year predictions

5 Jan 2016

The respected US Spectrum Gaming Group has issued its predictions for 2016 for the gambling industry, including several items relevant to the online environment, among them: * The legal and regulatory issues involving daily fantasy sports will continue to be prominent in statehouses across the country while the DFS industry moves to implement a self-regulation …

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Sportnco bolsters France Pari success

5 Jan 2016

Business to business activity through subsidiary Sportnco proved to be a major contributor to the full year success of France Pari, with the group announcing a 15 percent y-o-y rise in revenues to Euro 20 million in 2015. Sportnco delivered white label gambling enterprises and sublicenses of its online sports betting and horse racing platforms, …

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Sales up at bwin.party in fourth quarter

5 Jan 2016

In a trading update Tuesday online gambling group Bwin.Party Digital Entertainment plc offered some good news to investors for a change as it approached its merger with GVC Holdings plc (see previous reports.) In a trading update the company reported that fourth quarter sales revenue returned to growth and was up 5 percent year-on-year, driven …

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Dutch parlamentarians say tax on internet and land gaming should be the same

5 Jan 2016

The lugubrious progress toward online gambling legalisation in the Netherlands took another cautious step this week with the news that Coalition parties VVD and PvdA have submitted a proposal to the Tweede Kamer (lower house of parliament) for a uniform tax rate for both internet and land gambling of 29 percent of GGR. The Dutch …

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Sky Betting and Gaming inks new deal with OpenBet

5 Jan 2016

The UK online gambling software provider OpenBet announced Tuesday that it has renewed its licence, development and support agreements with operator Sky Betting & Gaming. The terms of the agreement require OpenBet to continue providing Sky Betting & Gaming with its online and mobile sports betting platform for a further five years. The operator has …

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Habanero unleashes “Bombs Away”

5 Jan 2016

Online gambling software provider Habanero has started 2016 with a bang by releasing a brand new online slot title, Bombs Away. The cross-platform 5×3, 50 fixed line video slot, takes players back in time into a Second World War themed diversion with quality graphics and a nostalgic soundtrack. Bombs appear and explode on the reels, …

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Playtech and NetBet sign six year contract extension

5 Jan 2016

According to a presser from Playtech plc, a regular NetBet customer has struck it lucky by winning the progressive jackpot of Euro 4 million on Playtech favourite Gold Rally, just days after the long-term licensee agreed a six-year contract extension until 2021. The mega jackpot was won just before Christmas by a regular NetBet player …

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More details released on major Taiwan online gambling bust

5 Jan 2016

Taiwan’s Criminal Investigation Bureau (CIB) has released more details on the major online bust over the weekend (see previous report), revealing that a total of 52 persons have now been arrested and cash valued at NT$2 billion (US$60.49 million) has been seized. A CIB spokesman said that the operation had been under surveillance by CIB …

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Online gambling organiser extradited to South Korea

5 Jan 2016

The South Korean police have revealed that a 40-year-old South Koran national identified only as Lim has been taken into custody on internet gambling charges after being extradited from the Philippines. The Yonhap news agency reports that the man was involved in organising illegal online gambling in China, and was apprehended and held for 30 …

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Responsible Gambling Trust and ICE show to collaborate

5 Jan 2016

The Responsible Gambling Trust has confirmed that it will be taking a high profile presence at February’s ICE exhibition in London between February 2-4. The organization will be using ICE to publish its annual report, raise the profile of its GambleAware brand and showcase the research, harm prevention and treatment work that has been commissioned …

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Daily fantasy sports market leaders in new bid to extend appeal court protection

5 Jan 2016

Daily fantasy sports market leaders DraftKings and FanDuel filed a new motion Monday urging New York appellate division judges to extend the temporary stay on Superior Court Judge Mendez’s injunction halting DFS activity in New York pending a decision on its legality (see previous reports). The companies are asking for the stay (which enables them …

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Daily fantasy eSports firm exits real-money wagering

5 Jan 2016

A year on from its launch, daily fantasy eSports operator Vulcun has announced that effective January 14 2016 it is to cease accepting real-money fantasy wagers on eSports events. The company says its decision is motivated by the uncertain legal and regulatory environment in the United States, where political and enforcement activity has been making …

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Taiwanese police swoop on internet gambling ring

5 Jan 2016

Taiwan police have announced the arrest of 45 individuals for operating an illegal online and mobile betting ring that allegedly generated revenues in excess of $40 million. The Agence France Presse news agency reports that wagering included bets on the outcome of local elections as well as sports and lottery activity. The arrests followed police …

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UK Premier League football is big business

5 Jan 2016

The international appeal of UK Premier League football has again been illustrated by a Mail on Sunday report that sales of overseas television rights are set to jump by 50 percent for 2016-2019. Much of that revenue will be generated in Asia, the newspaper reports, noting that the League is in the closing stages of …

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Online gambling defendant surrenders to police

5 Jan 2016

After two months on the run from multi-million dollar online gambling charges in New York, Andres Arriaga (41), a resident of Valencia (an affluent neighbourhood of Santa Clarita in Los Angeles County) surrendered to New York police, a spokesman confirmed this week. Radio station KHTS reports that Arriaga was able to escape arrest after an …

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NBA owner predicts a more liberal approach to U.S. gambling is ‘inevitable’

4 Jan 2016

Mark Cuban, shrewd multi-billionaire investor and owner of the NBA’s Dallas Mavericks franchise, offered some interesting predictions in an exclusive interview with Fortune this week, revealing that he is an eSports fan, believes the legalisation of gambling in the United States is inevitable, and has invested in virtual reality. His investments in these fields include …

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Activision’s takeover of eSports League causing waves

3 Jan 2016

The $46 million acquisition of eSports company Major League Gaming last year by Call of Duty and Hearthstone developer Activision Blizzard (see previous reports) is in the headlines again as stakeholders bridle at the lack of consultation. The publication eSports Observer reports that MLG co-founder and CEO Sundance DiGiovanni has stepped down and departed, leaving …

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Three bills to be considered by California lawmakers at early January hearing

3 Jan 2016

In California, the legislature’s Government Oversight Committee has given priority to a January 6 hearing on three bills proposing the intrastate legalisation of online poker, daily fantasy sports and sports betting. Assembly committee chairman Adam Gray’s AB1437, titled the Internet Fantasy Sports Game Protection Act will be among the bills up for discussion and was …

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Massachusetts kicks off 2016 online gambling initiatives

3 Jan 2016

The Massachusetts state lottery has wasted no time getting its online gambling plans into gear, issuing a request for information from interested companies Tuesday. The public notification invites organisations to “…submit proposals for the development, implementation, operational support, and maintenance of a Massachusetts Lottery iLottery System … and the development and integration of digital versions …

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New York AG gets nasty with daily fantasy firms

2 Jan 2016

If the New York Attorney General’s court action against daily fantasy firms FanDuel and DraftKings goes his way it could prove an expensive loss for the two companies. AG Eric Schneiderman upped the ante this week by filing amendments to his charges which additionally ask the courts to order the DFS companies to refund all …

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Daily fantasy sports companies step up lobbying and political donations in Florida

1 Jan 2016

Florida media reports indicate that FanDuel and DraftKings have boosted their lobbying and political donations program in the state in an effort to legalise the pastime. In 1991 a Florida attorney general opined that fantasy sports leagues in which participants pay an entry fee and potentially win cash are illegal, and state Senate President Andy …

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Macau December numbers down again

1 Jan 2016

Figures for December 2015 released Friday by the Macau’s Gaming Inspection and Coordination Bureau show that revenue for the last month of 2015 dropped 21.2 percent from a year earlier to 18.3 billion patacas, the 19th straight month of decline. The dismal December also meant that on an annual basis Macau fell for the second …

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Though luck gambling story of the year

1 Jan 2016

In what must be among the worst tough luck gambling stories this year an elderly UK couple claim that they missed out on a GBP 35 million lottery jackpot just before Christmas due to a faulty app. Edwina (55) and David Nylan (60) have had a Camelot lottery online account and have been buying their …

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