Gambling news - page 688

Pennsylvania iGaming bill introduced and read on House floor

25 Nov 2015

Pennsylvannia Bill HB649 was introduced and read to the House floor Tuesday following its approval by the House Gaming Oversight Committeelast week (see previous reports). The bill sponsored by Rep. John Payne, would legalise online gambling and allow existing Pennsylvanian bricks and mortar casino licensees the opportunity to apply for an online license at a …

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Ladbrokes investor vows to derail merger

25 Nov 2015

According to the Daily Mail Ladbrokes investor Dermot Desmond is furious that shareholders backed the company’s proposed GBP 2.3 billion merger with Gala Coral saying, “This is only the first of 15 rounds, or ten rounds or even seven rounds. There’s a long way to go.” In addressing the shareholder meeting Tuesday Desmond laid out …

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Aristocrat returns to profit

25 Nov 2015

Aristocrat Leisure Limited delivered impressive full year 2015 results for the period ending September 30, 2015 with a return to profit driven by its digital division, the acquisition of its VGT Class II operations and a strong performance in both the North American and Australian markets. Key performance indicators for the full year period include: …

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Malaysia proposal updates archaic laws

25 Nov 2015

The Malaysian Home Ministry has proposed amendments to its outdated Communications and Multimedia Act, Lotteries Act 1952, Common Gaming House Act 1953 and Betting Ordinance 1953 in a bid to stem the flow of illegal online gambling in the country. Deputy Home Minister Datuk Nur Jazlan Mohamed said during a press briefing Wednesday that authorities …

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Online slots good for Spain’s third quarter

24 Nov 2015

Spain’s gaming authority Dirección General de Ordenación del Juego (DGOJ) reported encouraging figures for the market this week boosted by the introduction of online slots. Total gross gaming revenues totalled Euro 84.2 million, an increase of 36 percent growth year-on-year. As a consequence of the award of 29 online slot licenses, casino revenues leapt 114 …

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Betsson affiliate defrauds company

24 Nov 2015

A Betsson employee was charged in a Malta Court today for defrauding the company of Euro 153,000. Christiaan Alexander van Dalen (41), who was employed by Betsson Services Ltd as a key affiliate manager, is accused of claiming commission on artificially inflated customer numbers generated by using the details of account holders to open fictitious …

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Swiss and U.S. governments split criminal assets from BetOnSports forfeiture

24 Nov 2015

Criminal assets worth CHF50 million ($49.1 million), belonging to BetonSports founder Gary Kaplan have been split between Switzerland and the US, Switzerland’s justice ministry announced Tuesday. The illegally gained revenue had been frozen in Swiss bank accounts since 2009 when Kaplan was sentenced to more than four years in prison for racketeering, conspiracy and violating …

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Record third quarter from NYX Gaming Group

24 Nov 2015

NYX Gaming Group has produced another record-breaking quarter for the three month period ending September 30, 2015, primarily driven by license and royalty revenues. Performance highlights for the three month period ending September 30, 2015 include: – Revenue of C$13.3 million, 111.6 percent growth year-over year; – Organic Revenue excluding acquisitions of C$10.3 million or …

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JetBet inks social sports deal with Maxim

24 Nov 2015

JetBet will launch a branded social sports experience in partnership with mens lifestyle brand Maxim. “Maxim Sports Live” offers fans engagement with the action of live NFL games, demonstrating their knowledge of the team by predicting every play, possession or full game result. Players can predict plays, yardage gained, penalties, turnovers and more in a …

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Titanbet in darts sponsorship

24 Nov 2015

Online betting operator TitanBet has been named the official betting and gaming partner for the GBP 300,000 Cash Converters Players Championship Finals darts event taking place this weekend. The event will televised live on ITV4.

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Ladbrokes shareholders approve Gala Coral merger

24 Nov 2015

At a Ladbrokes general meeting Tuesday, 96 percent of shareholders voted in favour of the company’s merger with Gala Coral Group Limited to become Ladbrokes Coral plc following other regulatory approvals. 96 percent of shareholders also voted in favour of authorising the directors to allot shares and 94 percent were in favour of approving the …

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NYX Gaming acquires Side City

24 Nov 2015

NYX Gaming Group has acquired the Montréal-based Side City development studio through its wholly-owned subsidiary, NYX Digital Gaming (Alberta) Inc. for a consideration of 333,000 ordinary shares of NYX and a maximum performance-based cash payment of CAD $4.0 million conditional upon Side City meeting certain performance criteria for the 2016 and 2017 calendar years. Side …

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Yggdrasil Gaming launch Nirvana

24 Nov 2015

Yggdrasil Gaming’s latest offer takes players on a journey through the serene valley of the three goddesses of Nirvana. “Nirvana” offers Wild Seeds, Mega Reels and Nudge Reels, affording players the opportunity to see which goddess brings them the most best luck. The game launches with Yggdrasil’s newly released in-game network tournament, offering a total …

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UK Racing’s ultimatum backfiring?

24 Nov 2015

According to The Racing Post, the BHA, Horsemen’s Group and Racecourse Association’s ultimatum favouring levy-friendly bookmakers may just have backfired. Two of Cheltenham’s prestigious prize sponsors are reported to be considering their continued participation after BetFred ended its sponsorship of Cheltenham’s Gold Cup and the Haydock’s Sprint Cup on Sunday. Coral has reportedly ended its …

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Executive shuffle at JOINGO

24 Nov 2015

US mobile technology supplier JOINGO has appointed Kirk Olson as director of sales and promoted James Poole, who joined the company last year as director of gaming, to vice president of gaming products. “At JOINGO, we adapt with the demands of the market in order to maximize the value of our products and the success …

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NYX Gaming group in partnership with 888 Holdings

24 Nov 2015

Just the latest in a slew of recent deals, NYX Gaming Group Limited has signed a partnership agreement with 888 Holdings Public Limited Company (888). NYX will supply a variety of its leading online and mobile casino content, as well as a wide range of games supplied by 3rd parties aggregated on NYX’s OGS & …

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New Zealand propose racing betting levy on offshore operators

24 Nov 2015

New Zealand Racing Minister Nathan Guy has proposed a range of measures to protect and ensure the longevity of the country’s horse racing industry following recommendations from an Offshore Racing and Sports Betting Working Group. Among other recommendations, the working group has proposed introducing to legislation an Offshore Bookmaker fee that would require a credible …

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World Match in content supply deal with Betpoint s.r.l.

24 Nov 2015

Italian operator Betpoint s.r.l. has taken on a suite of eleven World Match games initially launching three titles Golazo HD, Riches of the Sea HD and Mandarin Fortune HD. Over the next few weeks, Betpoint will integrate a further eight titles 3D Farm HD, Dragon’s Reels HD, Go Wild HD, Bandit’s Bounty HD, Carnival Bonus …

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Italy’s senate pass amendments in gambling law

24 Nov 2015

Italy’s proposed gambling law amendments are progressing through Parliament as they passed a Senate vote 164 for, 116 against and 2 abstentions at the end of last week. The amendments for 2016 include an increase in the overall gaming tax expectation of Euro 1,107 billion which the Government aims to raise from a 2 percent …

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Ava Trade terminate Playtech purchase agreement

24 Nov 2015

Ava Trade Ltd. shareholders have terminated the share purchase agreement with Playtech. Playtech’s advisory warned of the possibility following the Plus500 acquisition termination earlier today. Playtech will forfeit a $5 million non-refundable deposit already paid on the signing of the acquisition agreement, but says it still intends continuing with its appeal against Central Bank of …

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Betfair awarded exchange services licence for New Jersey market

24 Nov 2015

Betfair US has obtained an exchange services license from the New Jersey Racing Commission, two years after it agreed an exchange wagering deal with Darby Development. The application was submitted by the New Jersey Sports and Exposition Authority and effectively permits the Darby Development-operated Monmouth Park Racetrack to add exchange wagering to its existing advance …

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DraftKings integrates GeoComply solution

24 Nov 2015

DraftKings has taken on geo-location and anti-fraud solutions from GeoComply designed specifically for the daily fantasy sports (DFS) market as the industry faces mounting criticism and scrutiny over consumer protection. Under the terms of the deal, GeoComply will employ its Solus geolocation technology for the DraftKings site providing player verification, location and eligibility. “We are …

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Amaya rated third on Deloitte Technology Fast 50TM

24 Nov 2015

Amaya Inc. has ranked third on Deloitte’s Technology Fast 50TM and 23rd on the Technology Fast 500TM, the first time the company has appeared on either rankings. Now it its 18th year, the Deloitte Technology Fast 50TM combines technological innovation, entrepreneurship and rapid growth when recognising the 50 fastest growing Canadian technology companies measured by …

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Rank Interactive snaps up former William Hill head of Bingo

24 Nov 2015

Robert Sadler, former head of bingo for William Hill, has been appointed by Rank Interactive as Mecca bingo operations manager. Sadler has spent over a decade at William Hill in various positions that include head of bingo, mobile gaming operations manager, table operations manager, live casino & skills manager, gaming operations manager, skills manager, bingo …

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