Gambling news - page 694

Leap Gaming to supply virtual sports to 1×2 Gaming

29 Oct 2015

Clients of online games and platform provider 1×2 Gaming will soon additionally have access to virtual sports facilities thanks to the company’s partnership with developer Leap-Gaming. The initial collaboration includes virtual horse racing, greyhounds, velodrome cycling and speedway, and there are plans to introduce tennis and trotting before the end of 2015, with football becoming …

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Playtech reports a strong third quarter

29 Oct 2015

Online gambling group Playtech plc has released a strong third quarter report highlighting good performances from both its gaming and financial operations. Financial highlights include: * Total revenues up 47 percent compared to Q3 2014 on a reported basis, with 24 percent growth excluding acquisitions and adding back the impact of the UK POC tax; …

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Is Sony eyeing the eSports market?

29 Oct 2015

Whilst attendees at the Sony Paris Games Week await the anticipated announcement of the company’s venture into the booming eSports sector, bloggers claiming insider knowledge have revealed details of Sony plans. IGN.com claims that the new initiative has already seen the launch of a PlayStation Plus League website accessible for PS4 users and including games …

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Republicans let rip in presidential debate

29 Oct 2015

Wednesday’s Republican presidential candidate televised debate saw New Jersey governor Chris Christie decrying mainstream media focus on the daily fantasy sports furore when more important international issues were in play. Asked by CNBC moderators about his position on daily fantasy sports, Christie forcefully opined to audience applause: “Are we really talking about getting the government …

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Pennsylvania online gambling and DFS hearing postponed again

29 Oct 2015

Wednesday’s already postponed hearing on online gambling and daily fantasy sports has again been postponed, according to the House Gaming Oversight Committee website. Local media observers speculated Wednesday that committee chairman Representative John Payne may have postponed the hearing in deference to bipartisan lawmaker efforts to find a solution to the state’s $2 billion budget …

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Former congressman attacks RAWA sponsor

29 Oct 2015

The chairman of the US Campaign for Liberty, former congressman Ron Paul fired a broadside at Representative Jason Chaffetz this week, accusing him of attacking the rights of states guaranteed under the constitution with his Restoration of America’s Wire Act federal proposal. Paul reminded Chaffetz that online gambling regulation is the sole prerogative and jurisdiction …

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CSIG press conference makes little impact

29 Oct 2015

The current furore around daily fantasy sports put Utah Republican Representative Jason Chaffetz on the spot Wednesday at a sparsely attended Washington DC press conference called by the Coalition to Stop Internet Gambling. Chaffetz was trying to breathe some life into the languishing Restoration of America’s Wire Act he is sponsoring in Congress, and was …

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Digital a strong performer in Tabcorp first quarter

29 Oct 2015

The Australian online and land gambling group Tabcorp published a fiscal Q1-2016 trading update Thursday, reporting that group revenues for the three months to 30 September 2015 were A$543.5 million, up 1.1 percent on the prior corresponding period, with digital turnover up 13.1 percent to A$900.3 million. However Luxbet turnover was down 1.7 percent at …

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Queens DA indicts 17 in $32 million illegal sports betting ring

28 Oct 2015

Seventeen individuals in New York, Nevada and California were indicted by the Queens County grand jury Wednesday. In a joint statement Queens District Attorney, Richard A. Brown and United States Attorney for the Eastern District of New York, Robert L. Capers said the defendants had been indicted on charges of unlawfully operating a highly sophisticated …

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Pala Interactive boosts content portfolio

28 Oct 2015

Pala Interactive will integrate an additional 65 online and mobile games from IGT, Aristocrat and NYX on its  Pala Casino.com operation, 44 of which were launched this week. The portfolio will offer the New Jersey market a choice of 155 games once the remaining 21 titles are launched in mid-November. “PalaCasino.com now offers one of …

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William Hill and bet-at-home join German sportsbetting association

28 Oct 2015

William Hill and Bet-at-Home have joined the German sports betting association saying they want to actively contribute to the debate regarding the advancement of gambling regulation in Germany. Bet-at-Home said legal certainty is essential to justify its current commitments in terms of German team sponsorships which already underline its keen interest in the German sports …

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90Digital launch new Bitcoin online casino

28 Oct 2015

Search engine optimisation (SEO) specialist company 90Digital has entered the bitcoin online casino arena with the launch of Oshi! in Alpha format. Oshi! utilises the SoftSwiss platform under a Curacao licence and is headed up by founder Nick Garner who has spent time at Betfair and Unibet in the SEO area. “Having been in the …

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Olympian Group to merge with U.S. coffee lid manufacturer

28 Oct 2015

Parent company of online gambling operator GR88,  Olympian Group, has entered into a merger agreement with Nevada-based disposable coffee lids manufacturer Coastal Integrated Services (CIS). CIS will acquire 100 percent of the Olympian Group for an undisclosed consideration. Part of the Merger Agreement includes a corporate reorganisation which will include a 1-for-100 reverse stock split …

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PMU delivers lacklustre Q3 results

28 Oct 2015

French gaming firm Pari Mutuel Urbain (PMU) third quarter results have been hailed as better than expected even though a decline in gross gaming revenue and stakes were reported across most verticals. Key performance highlights for the first nine months of its fiscal year include: –    Total wagers of Euro 7. 2 billion, down 2.2 …

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bwin.party feels brunt of EU VAT obligations

28 Oct 2015

bwin.party digital entertainment released a third quarter 2015 trading update Wednesday showing an 8 percent decline in total revenue impacted, it says, by the absence of a major football tournament, the sale of non-core businesses and EU VAT obligations. Key performance highlights for the nine month period ending September 30, 2015 include: –    Clean EBITDA …

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More games for William Hill

28 Oct 2015

NYX Gaming Group Limited has announced the release of slots content directly to William Hill via NYX’s proprietary Open Gaming System. William Hill will continue to leverage slots titles from NYX’s wholly owned subsidiary NextGen Gaming; now complemented by a wide range of games supplied by third parties aggregated on to NYX’s OGS platform. “NYX …

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Czechs to increase gambling taxes

28 Oct 2015

On Tuesday, lawmakers in the Czech Republic lower house gave initial approval to a bill raising the tax on winnings from lotteries, sport betting and slot machines with effect from 2016. Legislators were told that Czechs spent 138 billion crowns ($5.63 billion) or roughly 3.5 percent of GDP on gambling in 2014, more than half …

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Online betting firms censured by A.S.A

28 Oct 2015

The Advertising Standards Authority in the UK has censured three online gambling firms – Coral, Bet365 and Totesport – for social gaming tweets that featured an image of someone under the age of 25. The Drum marketing magazine reports that all three betting sites included an image of 22-year old professional golfer Jordan Spieth, which …

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Aussie ‘in-play’ victory for William Hill

28 Oct 2015

The Australian operations of William Hill plc have scored a significant victory over local regulators regarding in-play betting over the Internet. The Sydney Morning Herald reports that the Australian Federal Police has declined to investigate a complaint by the Australian Communications and Media Authority that William Hill and rivals like Ladbrokes and Bet365 exploited a …

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Front runner for House Speaker post taps anti-online gambling campaigner for top post

28 Oct 2015

Representative Paul Ryan, the Republican politician who is widely seen as the front runner for the post of House Speaker, has tapped 64-year-old Washington DC insider Dave Hoppe as his chief of staff…a move that is not likely to be comforting news for the online gambling industry. Whilst his political and management credentials are clearly …

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ARJEL chief revisits government problems in internet gambling

28 Oct 2015

The reasons for lagging progress in the French online gambling market were revisited earlier this month by ARJEL president Charles Coppolani in an address to the International Association of Gaming Regulators (IAGR). Despite the regulator’s frequent recommendations for improvements, French politicians debating the nation’s new digital bill have so far failed to include key reforms …

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Fantasy sports operators suggest an independent regulatory regime

28 Oct 2015

Probably motivated by the current legislative and enforcement storm that has generated so much generally negative mainstream coverage over the past month, the Fantasy Sports Trade Association is pushing ahead with plans to create an independent and external control board to oversee the burgeoning industry, apparently basing its concept on the Financial Industry Regulatory Authority, …

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Anti-online gambling body to hold RAWA press conference today

28 Oct 2015

It looks as if supporters of the Adelson-inspired and drafted Restoration of America’s Wire Act are poised for another push on the controversial online gambling ban bill, currently languishing at committee stage in Congress (see previous  reports). On Tuesday the main campaign vehicle for the bills, the Coalition to Stop Internet Gambling began touting a …

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Sportradar latest fund raising round attracts $44M investment

28 Oct 2015

Sports data provider Sportradar has secured new funding to the tune of $44 million and a strategic alliance led by Revolution Growth. Revolution Growth partners Ted Leonsis, also the owner of the Washington Capitals, Wizards and Mystics, Evan Morgan, Mark Cuban – owner of the Dallas Mavericks, and Michael Jordan – owner of the Charlotte …

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