Ukraine’s first moves towards lifting a six-year ban on gambling, including internet activity (see previous report) do not offer much cause for optimism; the first draft of the enabling legislation published this week suggests that licensing and operational costs will be high, although it should be noted that these are early proposals and adjustments may …
The ease with which a seventeen-year-old British teenager was able to execute a Distributed Denial of Services attack on a large and still unidentified online gambling site two years ago was in the headlines again this week when the teenager came up for sentencing in the Nottingham Crown Court. Max Dean Whitehouse escaped lightly with …
A seminar on daily fantasy sports hosted by a New Jersey law firm Friday produced some interesting perspectives, especially from Jeff Gural of the Meadowlands Racetrack. Gural supports New Jersey’s bid to overturn the federal Professional and Amateur Sports Protection Act, which restricts sports betting to just four US states and is being legally challenged …
The respected Moody’s Investor Service has published a review on the future prospects of the gaming industry in Europe, noting that companies with greater online gaming exposure are likely to experience higher growth next year. However, most rated companies are highly exposed to mature segments of the gaming industry, which is expected to remain broadly …
This (December) month is a critical time for online gambling group GVC Holdings plc in its bid to acquire rival Bwin.Party Digital Entertainment plc…on December 15 shareholders will gather at an extraordinary general meeting to vote on whether the board should progress the agreements reached by directors of the two companies. GVC chief executive Kenneth …
Provincial lawmakers in Argentina’s Misiones province have approved online gambling activity managed by the provincial lottery and casino authority (IPlyC) and Misiones-based private company Integrated Systems SA. This week the partnership launched MisionBet, which offers a range of online gambling variants to Misiones residents, including sports betting, casino and poker action. Eduardo Torres, who heads …
Macau’s reputation as the biggest gambling hub and entertainment mecca in the world has been leveraged by William Hill plc on its new Macau-themed online casino targeting Asian online punters living in Europe, and early reports indicate that the new site is proving as popular as the company’s Vegas-themed site launched last year (see previous …
UK online gambling group Sky Betting and Gaming has announced the appointment of Giovanna D’Esposito to head up its Italian operations as managing director of Sky Bet Italia. D’Esposito previously held a similar post with Paddy Power Italy between 2011 and mid-2015, and was hailed by Sky Betting and Gaming chief executive Richard Flint as …
In a planned replacement, the post of chairman of the board at Ladbrokes has been taken up by former Coral founder and CEO John Kelly following the resignation of Peter Erskine. Kelly, a senior non-executive director on the Ladbrokes board, will also serve as chairman of the proposed merged corporate group Ladbrokes Coral. Kelly has …
Online gambling group GVC Holdings issued a trading update Friday, showcasing a strong financial performance during the first months of its fourth quarter ended 30 November 2015. Highlights of the update included: * Net Gaming Revenue for the two months was 11.7 percent higher than the same period in 2014 averaging Euro 716,000 per day; …
There could be a daily fantasy sports storm brewing in Texas following the news that state Republican Rep. Myra Crownover has asked the state Attorney General for an opinion on the legality of the genre in Texas. Crownover’s letter to Texas Republican Attorney General Ken Paxton notes that Texas law has “generally criminalized gambling.” Texas …
Just three months after signing a content provision agreement with New Jersey online gambling operator Golden Nugget, Swedish internet gambling software developer NetEnt reports that its games are now live on the desktop and mobile facilities of the operator. NetEnt has received a transactional waiver from the New Jersey Division of Gaming Enforcement and completed …
The stars were certainly aligned just right for a Californian lottery punter last week, who won $1,000 on a scratchcard, reinvested the winnings, and moments later scooped a $10 million jackpot. Modesto, CA resident Rodney Meadows said he initially bought one of the $30 California Lottery 30th anniversary scratch cards from his local Fast Mart …
Once high-flying Hong Kong online lottery seller 500.com has undoubtedly been feeling the pain of the Chinese government’s ten month “temporary” ban on online lottery sales (see previous reports) and this week started what appears to be a diversification program. The company has announced an agreement to buy a controlling 63 percent interest in the …
The big money that eSports companies are prepared to pay to get mainly youthful players on their teams has again been illustrated by the hire of Korean League of Legends ace Lee “Easyhoon” Ji-hoon….at an annual salary of $860,000 and benefits. “Easyhoon” left his well-paid position on SK Telecom T1 to sign for the Chinese …
The Dallas-based Internet marketing and events firm Cataboom has announced a partnership with New Jersey online gambling operator Resorts Digital Gaming LLC that will see the creation of $5 million jackpots on the operator’s ResortsCasino.com and MoheganSunCasino.com websites. Our readers will recall that Resorts is the preferred New Jersey partner for PokerStars and NYX Gaming. …
US online gambling expert Michelle Minton has published another of her factual articles designed to rebut some of the misinformation on the genre pushed out by opponents of online gambling like Sheldon Adelson’s Coalition to Stop Internet Gambling. In a piece published this week on the Competitive Enterprise Institute website, Minton says that in heated …
Further light has been thrown on the Restoration of America’s Wire Act Congressional hearing scheduled for December 9 (see previous report), and the title given to the hearing by House Oversight and Government Reform Committee chairman, Jason Chaffetz, is revealing. Chaffetz, now notorious for stacking the deck against online gambling with his selection of biased …
The request for an injunction against daily fantasy sports operator DraftKings made early in November by the New York Attorney General’s Office (see previous reports) has brought to light some interesting information about actions against DFS in another state. In its submission to New York Judge Manuel Mendez, the AG provides details of an eight …
The fantasy horseracing operator DerbyWars.com is being sued in the US District Court for Central California by racetrack owner and operator of the Xpressbet online wagering site, Stronach Group. Stronach claims that DerbyWars owner, Kentucky-based Horse Racing Labs (also known as Immerse), breached the federal Interstate Horseracing Act by offering wagering activity without a California …
Online sportsbetting operator 188Bet has signed an agreement to become the main sponsor of the Lancashire Rugby League club Wigan Warriors RLFC in 2016, continuing a previous relationship with the rugby club. The agreement gives 188Bet the customary sponsorship business, branding and publicity opportunities on the club’s digital channels and stadium, and the company says …
A content provision agreement between online gambling games and software supplier NetEnt and Caesars Interactive Entertainment (see previous report) has come to fruition with the first games going live this week on CIE’s online casino site in New Jersey, USA. Backed by a recently granted transactional waiver from the regulator and completed integration work, NetEnt …
A collaborative agreement between Gibraltar-based online gambling operator BetVictor and UK games developer Realistic Games has produced an innovative and exclusive new slot themed on the high profile UK Premier League football club Chelsea FC. The slot features some of Chelsea’s greatest players, with a soundtrack that recreates the atmosphere at the team’s famous Stamford …
The British Horseracing Authority has announced a three-year deal with online betting group Betfair that makes the firm the first official Authorised Betting Partner of racing Betfair, along with 32Red and Bet365, was accepted as betting partners by the Authority in October, because the three online firms were already contributing to racing from the profits …