The US lottery industry is abuzz following the news that a former security director of the Multi-State Lottery Association, Eddie Tipton (52), has been convicted of fraud for fixing a jackpot in Des Moines, Iowa with prosecutors claiming that his high-tech scheme extended far beyond the state. The result is an expanding investigation across at …
In an interesting postscript to reports earlier this week that a Kentucky judge had issued a $290,000 damages order against Pokerstars parent group Amaya Inc., the publication Flushdraw reports that it has seen the original 18-page judgement, and that presiding Judge Wingate had initially awarded $535,951,020 against Amaya. “The $290 million judgment issued by [Judge] …
The Las Vegas Review-Journal, which was acquired last week by a company with strong associations to land casino mogul Sheldon Adelson published a startling investigative article Friday describing the mysterious machinations of corporate management seemingly interested in the Las Vegas judiciary. With creditable feistiness given the circumstances, LVRJ journalists, already angered by the lack of …
UK processing company Paysafe Group plc has published its prospectus prior to listing its shares on the premium segment of the Official List of the UK Listing Authority and admission to trading on London Stock Exchange plc’s main market. The company’s directors expect that admission will become effective and that dealings in the company’s shares …
Amaya, the parent group for Pokerstars, announced the launch of its new sports betting brand, BetStars in select jurisdictions on Friday, identifying its domains as Betstars.com, Betstars.eu and Betstars.uk, and advising that mobile operations are now offered through dedicated iOS and Android applications. “This is the next stage of development of PokerStars’ new sportsbook offering, …
The National Football League in the United States says that gambling presents dangers to the integrity of sports, but it is not averse to making money from indirect activities that support gambling despite going to extraordinary lengths to preserve the federal Professional and Amateur Sports Protection Act (think New Jersey sports betting legalisation litigation). This …
The latest online slot from RealTime Gaming is a six reel, 10 pay-line game with an Irish leprechaun theme titled Lucky 6 (not to be confused with the developer’s earlier oriental-themed Lucky 8) which made its debut this week. In the game lines 1-5 pay left to right and lines 6-10 pay right to left, …
In two distinct and separate issues, online gambling companies Betsson in Sweden and Intertain in Canada have felt it necessary to issue statements correcting what they allege are “misleading and self-serving” statements by short sellers. Taking the Intertain case first, the company tackles a “misleading and self-serving report that was published on December 17, 2015 …
Matcherino, an eSports start-up seeking funds in the market, has been successful in raising $1.25 million from Vulcan Capital and angel investors, enabling it to pursue its dream of crowdfunding eSports competitions requested by fans of the vertical. Matcherino CEO Grant Farwell says the plan is to engage with fans on what type of competitions …
A proposal to regulate and licence daily fantasy sports in New York state gained an important ally this week when Sen. David Carlucci agreed to support a bill introduced recently to the Assembly by Assemblyman Felix Ortiz. Carlucci’s support could give the bill a foothold in the state Senate as well as the Assembly. The …
Online gambling events organiser Clarion Events has announced the acquisition of 70 percent of iGaming Business, a media and events company founded by Michael Caselli and controlled by Electric Word plc. Clarion will also buy a further 5.1 percent from founder Caselli, who will retain the remainder of the shares, in a deal that values …
A NetEnt agreement to supply games to Spanish operator Codere’s online casino came to fruition with the launch of the new games Friday, reports NetEnt Malta m.d. Enrico Bradamante. “Codere has a strong brand name in a market with interesting growth potential and I look forward to this partnership,” he said.
Online gambling group Sportech plc has announced the promotion of Mickey Kalifa (48) as group Chief Financial Officer with effect from January 4 next year, when he will commence the takeover process in collaboration with incumbent Cliff Baty before taking up the reins on March 3 2016. Kalifa has served as corporate development director of …
Quality slots and table games provider Habanero has signed a deal to supply its products to the major Asian online gambling operator Fun88 through an agreement with Live Dealer casino provider Gold Deluxe. The company’s 50 slots, six table games, and 10 video poker titles will now feature on the casino tab of the Asian …
The European Commission has announced that European Union member states have reached agreement on the draft of new privacy and data protection laws which create legislative harmony across the 27 EU nations…and punitive measures for non-compliance…. in the coming years. Titled EU Data Protection Reform, the draft comprises General Data Protection Regulations and a Data …
Martin Shkreli, a young US entrepreneur and eSports fan who chairs the merged Odyssey eSports, Imagine and Leviathan eSports teams, has been charged with securities fraud in the United States. The charges, which include falsifying investment returns, using company funds to settle personal disputes, and personal enrichment arise from Shkreli’s involvement in the now defunct …
The state of Maryland has joined the growing number of US states investigating daily fantasy sports to decide whether the vertical should be banned or regulated as a form of gambling. Local media reports indicate that senior state officials from the State Comptroller and Attorney General’s offices, along with representatives of Gov. Larry Hogan and …
Scientific Games Corporation has revealed that its Hot Shot Casino Slots game has been selected as one of Facebook’s 2015 Games of the Year. The annual list honours the games, developers and publishers that most impress Facebook developers and its players. According to Facebook, more than 450 million people play games or connect to games …
Following an informational forum earlier this week the Massachusetts Gaming Commission is preparing a white paper on daily fantasy sports and internet gambling technology for the consideration of state lawmakers early next year, chairman Stephen Crosby announced Thursday. Crosby says the white paper will be “a discussion of the issues involved in the possibility of …
Efficiency, fairness, security and data integrity are among the issues addressed in a new set of technical guidelines issued by the Malta Gaming Authority to give clarity on its online gambling technical compliance requirements. The advisory follows a public consultation phase and provides guidelines on the use of Cloud solutions, along with technical infrastructures for …
It looks as if Sheldon Adelson’s Restoration of the American Wire Act has failed again this year as politicians shun the controversial online gambling ban and its political sponsors have been unsuccessful in attaching it to the must-pass Consolidated Appropriations Act, 2016, a huge omnibus federal spending bill for 2016. In a reprise of last …
US social networking platform developer Evolve Labs is entering the eSports vertical, announcing the launch of its new BlackFlag online arena focused on League of Legends action, where five-member teams pay $5 to compete for cash prizes. Evolve Labs CEO Adam Sellke said this week that the BlackFlag project had been in planning for some …
Claiming that it holds patents originally granted to William Junkin, the chairman and CEO of FantasySports.com, a relatively recently registered and unknown Texas company has been stirring the daily fantasy sports sector up with a series of lawsuits citing top operators and game developers. The company’s target list includes DraftKings, ESPN, DraftDay and FanDuel, Activision …
BoyleSports online casino portal BoyleVegas.com has inked a content agreement with EveryMatrix that will provide its players with a choice from over 2,000 games developed by quality suppliers like Microgaming, NetEnt, Realistic Games and IGT. Powered by EveryMatrix’s CasinoEngine and managed through the turnkey provider’s GamMatrix system, integration is in progress. Patrick Thornton, head of …