Gambling news - page 684

New social casino on connected TV Platforms

30 Nov 2015

Canadian smart TV software developer TransGaming Inc. has launched a new free-to-play social slots game on Freebox Revolution in France, the triple-play box of French broadband and telecom operator Free. “Slots XL”, the first launch in TransGaming’s new GameTree Casino product line, offers five slot games, mini games, free chips, a daily spin bonus, achievement …

Read now

GIG in platform deal with Luna Entertainment

30 Nov 2015

Gaming Innovation Group Inc. (GIG) announced its eighth platform agreement with Luna Entertainment Limited for the launch of two new casino brands on GIG’s iGaming Cloud platform during the first quarter next year. Michigan-based venture capital firm Luna Entertainment currently holds investments in US terrestrial casinos Red Dolly, Kiowa, and Running Creek along with a …

Read now

Hacking update from paysafe group

30 Nov 2015

Paysafe, the parent group for online processors Neteller, Skrill and other companies, issued an update Monday on its investigation into a hack believed to have taken place in 2009 – 2010. The hack was publicly reported at the end of last (October) month (see previous reports), and the company says that its investigations have shown …

Read now

Daily fantasy sports firms adopt different approaches to U.S. scrutiny

30 Nov 2015

In an article published Monday the Associated Press news agency takes a look at the effect of the increased attention being paid to daily fantasy sports in the United States by political and enforcement interests. The article reports that CBS’s SportsLine DFS venture appears to have “quietly withdrawn” from the market until greater legal clarity …

Read now

Motion tech in Core Gaming’s latest release

30 Nov 2015

HTML5 gambling software developer CORE Gaming has integrated mobile motion technology in its latest instant scratch card game release which is themed on the Wild-West. “Pan for Gold”, set during the gold rush era, tasks players to choose one of six locations on a map after which they are given three opportunities to discover gem …

Read now

GVC appoint Shay Segev as COO of enlarged group

30 Nov 2015

Shay Segev, will steer the ship on completion of GVC Holdings plc’s acquisition of bwin, moving from his current role of chief strategy officer into the newly created role of chief operating officer. Segev comes well equipped for the position having served as chief operating officer at Playtech plc for almost seven years prior to …

Read now

Coral posts full year results

30 Nov 2015

Impacted by regulatory headwinds and a comparative year that included the World Cup. Gala Coral Group delivered an increase of 3.7 percent in EBITDA results but said after adjusting for regulatory impacts and the World Cup, EBITDA was 30 percent ahead. Online EBITDA came in at GBP 56.2 million, 14 percent ahead of last year …

Read now

Hopes for online gambling in Massachusetts revive

30 Nov 2015

The state of Massachusetts may yet join Delaware, New Jersey and Nevada in legalisation online gambling, according to reports in the Gloucester Times, which note that state senate Minority Leader, Sen. Bruce Tarr is actively lobbying for regulation and licensing of the genre under the oversight of the Massachusetts Gaming Commission. Tarr proposes that online …

Read now

More on EU jurisdiction cooperation agreement

29 Nov 2015

The cross border administration cooperation agreement signed by 20 plus European Union jurisdictions this week (see previous report) was welcomed by the European Gaming and Betting Association (EGBA) as a solid step towards building confidence and trust. The voluntary cross border cooperation agreement, initiated by the European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs, …

Read now

Ainsworth reassures market on strength of creative team

29 Nov 2015

The market’s negative reaction to Ainsworth Game Technology’s announcement on the departure of its group manager of strategy and development, Scott Clarebrough, has prompted a response from chief executive Danny Gladstone who said “the market had over-reacted”. Concerns over Ainsworth’s new games pipeline were dismissed by Gladstone who told Fairfax Media: “To use a football …

Read now

OPAP files Euro 1 billion claim against Greek government

29 Nov 2015

The Greek Government’s introduction of new lottery regulations, which effectively halt the further rollout of video lottery terminal’s (VLT), was met with an aggressive response from domestic gaming monopoly OPAP who filed a Euro 1 Billion damages claim against the Government this week. The new lottery industry regulations from the Hellenic Gaming Commission go against …

Read now

Ivey granted court appeal on Crockfords ruling

29 Nov 2015

Professional gambler Phil Ivey has been granted leave to appeal the ruling handed down by a British Court regarding GBP 7.8 million in denied winnings from Genting’s Crockfords Casino club in which the club accused him of using a controversial edge sorting technique claiming it was tantamount to cheating and against the rules of the …

Read now

Microgaming sneak peek into the months to come

27 Nov 2015

Microgaming has uploaded a sneak peek at six upcoming titles “Happy Holidays”, “Serenity”, “Lucky Twins”, “Peek A Boo”, “Bikini Party” and“Dragon Dance”. “Happy Holidays” is a Christmas-themed, 5 Reel, 243 Ways slot set for release in December 2015. It offers a free spins feature increasing the game to 1024 ways to win. Also scheduled for …

Read now

Dutch market larger than previously thought?

27 Nov 2015

Holland Casino-commissioned research conducted by Motivaction has revealed a Euro 500 million online gambling market, Euro 200 million more than previously estimated. The report from Dutch publication NOS said the Motivaction research shows 1.5 million Dutch people illegally gamble online, which if accurate, equates to one in ten Dutch people over-12-years-old are active in the …

Read now

Betfred to close Wigan Tote Park

27 Nov 2015

UK gambling firm Betfred has confirmed the closure of its Wigan Tote Park on December 11, 2015 saying the significant shift to mobile and online had forced it to review the viability of the centre. 112 staff are expected to be affected by the closure of which BetFred says 14 are full-time employees, seven of …

Read now

Intertain appoints chief revenue officer

27 Nov 2015

Irina Cornides has taken up the role of chief revenue officer at Intertain Bahamas having previously served as managing director of Mandalay Media for almost a year and a half. Prior to Mandalay Media, Cornides was head of bingo for BGO Entertainment. In her new role, she will be tasked with formulating and executing strategies …

Read now

Kansspelautoriteit partners 19 EEA jurisdictions

27 Nov 2015

Dutch gambling authority Kansspelautoriteit has entered into a cooperation agreement with twenty other gambling regulators of member states of the European Economic Area (EEA), and is soon to be joined by another ten. The agreement, established by the European Commission, outlines a regulated and increased exchange of information relating to gaming markets, gaming suppliers, licensees, …

Read now

UK Gambling Commission releases first market figures since POC tax

26 Nov 2015

The UK Gambling Commission released new figures Thursday saying they will paint an accurate picture of how much consumers in Britain spend on gambling online. These are the first set of figures since the implementation of Britain’s point-of-consumption tax came into effect and represent the five-month period from November 2014 to March 2015 for online …

Read now

NuWorks release Christmas slot

26 Nov 2015

Nuworks Gaming has launched its latest three-reel slot release to Lucky Club , a Christmas-themed offer titled “Santa 7s”. Landing a cheeky elves double Wild symbol and a triple Wild together will pay 6X the win, while two bonus prize meters can award free games, instant bonuses and jackpot spins. Three of a kind will …

Read now

iSoftBet awarded full UK certification

26 Nov 2015

Online and mobile games developer iSoftBet was awarded a full UK Level 3 certification from the UK Gambling Commission this week after fulfilling compliance requirements for the UK market. Hailed as a landmark move for the company, iSoftBet said the award will enable it to achieve an even stronger foothold in the industry. “Level 3 …

Read now

Social gaming not gambling says Washington Federal Court

26 Nov 2015

According to the National Law Review (NLR), a Washington Federal Court has dismissed a class action suit where the plaintiff’s claimed that social casino games constitute gambling under state law. The court dismissed the class action saying purchasable virtual chips have no value and because the plaintiff’s were not staking or risking something of value, …

Read now

OPAP feeling the heat

25 Nov 2015

In its third quarter report for the period ending September 30, 2015, Greek gaming firm OPAP posted a 13 percent decline in gross gaming revenue to Euro 300.9 million, a decline in EBITDA of 7.6 percent to Euro 87 million and an 8.5 percent fall in net profit to Euro 49.1 million, driven it says …

Read now

Nevada Attorney General backs RAWA?

25 Nov 2015

During an interview with Ralston Reports, a week night news and commentary TV programme hosted by political observer Jon Ralston, Nevada’s Attorney General Adam Laxalt surprised many with his admission that he backs Sheldon Adelson’s Restoration of the Wire Act (RAWA) proposal and intends signing a letter circulating among US attorney general’s in support of …

Read now

RGA launch second edition of anti money laundering guidelines

25 Nov 2015

The Remote Gambling Association (RGA) published the Second Edition of its “Anti-money laundering: Good practice guidelines for the online gambling industry” publication Wednesday. The guidelines cover key areas such as the application of a risk-based approach; due diligence processes; and internal controls. “Our first edition of these guidelines was well received and, more importantly, provided …

Read now