Gambling news - page 672

Amaya gets off lightly in Italian tax settlement

13 Jan 2016

Amaya Inc. issued a statement Wednesday revealing that it has paid Euro 5.9 million as a full and final settlement with Italian tax authorities to resolve a previously disclosed Pokerstars tax dispute (see previous reports). The Italian Guarda di Finanz originally estimated that approximately Euro 85 million was owed by a subsidiary of Amaya related …

Read now

World Match launches Angeli e Demoni slot in the Italian market

13 Jan 2016

Online gambling games provider World Match has launched its latest online slot in the Italian market, an online version of Angeli e Demoni25 HD, a popular AWP game with land punters designed by Baldazzi Styl Art. The online release of Angeli e Demoni25 HD follows that of Night Vampire HD and is part of a …

Read now

Good revenue growth at Interwetten

13 Jan 2016

The predominantly online sports betting group Interwetten has posted net gaming revenue up 21 percent year-on-year to Euro 50.2 million in 2015, on GGR up 19 percent to Euro 55 million. The company reported turnover on betting up by 20 percent to Euro 951 million despite withdrawal from the UK, Hungarian, Portuguese and Bulgarian regulated …

Read now

Genesis Gaming’s Deep Sea Diver slot debuts on Quickfire Network

13 Jan 2016

Genesis Gaming has announced that its new Deep Sea Diver online slot has been taken up by the Quickfire network. “The game is designed to engage players in a new way consistent with the theme’s underwater adventure,” said Scott Sims, head of global design at Genesis in a company statement this week. “Our research has …

Read now

Major win on NYX Gaming slot

13 Jan 2016

NYX Gaming Group has announced a major win on its “Sky Millions” slot, which paid GBP 2,389,933 on the SkyVegas online casino site on December 27th, 2015. The Sky Millions slot is a variant of the Millionaires Club progressive jackpot game. It was recently added to NYX’s games inventory after the acquisition of Cryptologic. The …

Read now

Odobo Games for Mr Green online casino

13 Jan 2016

The successful and well-established online casino Mr. Green has become the latest operator to order games from Gibraltar-based games distributor Odobo, the company announced this week. Six Odobo Marketplace games are already live – Extinction, Gourmet Ranch Riches, Epic City, Lucky Pirates, The Oddventurers and Big Time Journey – with another 14 due to complete …

Read now

Pennsylvania wants PASPA overturned

13 Jan 2016

According to a report in ESPN Tuesday the state of Pennsylvania may be about to join other US states (notably led by New Jersey) in seeking the repeal of the federal Professional and Amateur Sports Protection Act, which restricts sports betting in the US to just four states. Pennsylvania Representative Rob Matzie has introduced a …

Read now

Portuguese players want an international player pool

13 Jan 2016

The newly regulated online poker market in Portugal (see previous reports) is experiencing tension as major operators exit the space due to concerns over restricted player liquidity and high taxes, and more recently players in the country began to organise a boycott of what state-regulated operators remain or are to be licensed in the future. …

Read now

Massachusetts AG DFS hearing results

13 Jan 2016

Massachusetts Attorney General Maura Healey listened to different opinions on the regulation of daily fantasy sports in a public consultative hearing Tuesday. Anti-gambling campaigner Les Bernal of the Stop Predatory Gambling action group was predictably on hand to protest at what his organisation perceives to be an expansion of gambling, whilst lawyers from DraftKings and …

Read now

Title change at respected online gambling research company

13 Jan 2016

The respected US gambling research firm Eilers Research has announced that it will be changing its name effective immediately to Eilers & Krejcik Gaming, LLC. This name change reflects the surnames of the company’s two principals, Todd Eilers and Adam Krejcik, as well as highlighting the firm’s strategic shift to focus on services beyond traditional …

Read now

New U.S. daily fantasy sports operator boasts a different format

13 Jan 2016

A new Stanford daily fantasy sports start-up boasts that it is positively changing the fantasy sports player’s experience by offering a different real-money format that allows players to compete in 10-minute fantasy sports leagues that are centered around live events fans can watch on TV, instead of drafting a line-up and then waiting a day …

Read now

Florida daily fantasy sports bill makes progress

13 Jan 2016

Florida state Representative Matt Gaetz’s daily fantasy sports regulation bill, HB707, made it through the state House Business and Professions Subcommittee Tuesday on a 10 vs. 3 vote and has been forwarded for further discussion to the House Regulatory Affairs Committee. Whilst not unanimous – there remain some areas where amendments will be inserted – …

Read now

Does congressional research paper herald a DFS hearing this year?

12 Jan 2016

An ESPN report speculates this week on whether a Congressional Research Service (CRS) report on daily fantasy sports completed late in December may herald Congressional hearings on the controversial gambling genre this year, The ESPN report is based on a Chalk story that it has seen a copy of the report titled “You Win Some, …

Read now

Nektan CEO resigns unexpectedly

12 Jan 2016

Gibraltar-based mobile gaming provider Nektan has announced that its chief executive officer, David Gosen, has resigned “to explore other business opportunities” and will leave the company at the end of January after a year at the helm. Executive chairman Gary Shaw will take over as interim CEO until a replacement can be found, the company …

Read now

Cineplex and Sony building an eSports business together

12 Jan 2016

Cineplex is wasting no time in exploiting its $10 million acquisition of the World Gaming eSports platform last September, starting the new year by partnering up with Sony Computer Entertainment to present eSports tournaments. Sony will provide the sponsorship and the right to select other title sponsors and Cineplex the venues, with qualifying rounds online …

Read now

UK Gambling Commission licence for DFS contest organiser

12 Jan 2016

The Icelandic eSports fantasy competition organiser Fanaments has boosted its Malta gambling licence with one from the UK Gambling Commission, clearing the way for it to arrange football, basketball, golf and mixed martial arts-based online contests for UK fantasy fans. Fanaments is a relatively new operator and offers gamers an array of fantasy-based sports to …

Read now

Drastic staff lay-offs at daily fantasy sports firm

12 Jan 2016

The e-gaming publication Gamasutra reports this week that daily fantasy eSports provider Vulcun may be considering a move away from the real-money sector, and has laid-off 14 people – a quarter of its staff. Our readers may recall that Vulcun voluntarily exited the Nevada market late last year when the state regulator opined that daily …

Read now

Live Texas Hold’em deal signed by Evolution Gaming

12 Jan 2016

Live dealer gambling specialists Evolution Gaming has inked a three-and-a-half year exclusive deal with Scientific Games that will see it offering a live casino version of SG’s Ultimate Texas Hold’em poker. The agreement means that Evolution has secured exclusive rights to provide Ultimate Texas Hold’em as part of its product range, and additionally has the …

Read now

Greek regulator struggles to monitor online gambling activity

12 Jan 2016

With the Greek government champing at the bit to introduce a new online regulatory and licensing regime (see previous reports) the Hellenic Gaming Commission this week made the surprising admission to Parliament that it is unable to perform the necessary monitoring of temporarily licensed Internet gaming companies in Greece. The newspaper Ekathimerini reports that the …

Read now

The Americans are coming!

12 Jan 2016

Influential US tribal gambling groups have announced that they will have a strong presence at the International Casino Expo in London at the beginning of February as they seek new business opportunities in Europe. The National Indian Gaming Association (NIGA) and Victor Rocha, editor of Pechanga.net, in collaboration with the Arizona Indian Gaming Association (AIGA), …

Read now

International police bus DDoS group

12 Jan 2016

Distributed Denial of Service attacks – the tactic used by criminal groups to cripple websites and then demand ransoms – are the bane of most industries, and a recent police victory in the fight against this threat to business will be widely welcomed. The security publication CSO Online reports that enforcement agency EuroPol has just …

Read now

Virtual reality could enhance eSports events

12 Jan 2016

Virtual reality technology developer Virtuix claims it has become the first company to host a virtual reality eSports tournament, putting on a show at the recent Consumer Electronics Show in Las Vegas. By eSports standards the event was a miniscule affair, involving just a few players suitably fitted with VR gear and turned loose in …

Read now

Round one to daily fantasy sports firm in New York dispute

12 Jan 2016

There was good news for daily fantasy sports companies FanDuel and DraftKings Monday, when a panel of the New York Appellate Court set aside a temporary injunction against them imposed by a lower court , allowing them to continue operating until the issue is finally decided in court. Our readers will recall that the DFS …

Read now

Online lottery gets Northern Territory nod

12 Jan 2016

Online lottery operator Lottoland has expanded its reach following the award of a five-year licence by Australia’s Northern Territory Racing Commission, permitting it to offer wagering on the outcomes of state and international lotteries across Australia. The lottery company already holds online gambling licences from the Government of Gibraltar, and the UK Gambling Commission. CEO …

Read now