Gambling news - page 696

Four Card Fright launched by Microgaming

24 Oct 2015

Well-timed for the Halloween season, the Microgaming Poker Network (MPN) has combined the themes of Halloween and the Omaha poker variant to create an entertaining 14-event poker tournament series with buy-ins ranging from just over a Euro to Euro 5.50 dubbed “Four Card Fright.” The finale in the series takes place November 1 with a …

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New video scratch card game launched

24 Oct 2015

Games developer OMI Gaming has announced the omni-channel release of Gold bars and Rounds, the first in a series of new video scratch cards designed with the younger demographic of digital players in mind. The video scratch card game has rich graphics and sound, combined with gameplay that awards both cash and special prizes, delivers …

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Third class action filed against daily fantasy sports market leaders

24 Oct 2015

Another class action – the third in as many weeks – has been launched in a federal court by two Ohio residents who claim that daily fantasy sports operators DraftKings and FanDuel illegally offer gambling and should reimburse all deposits. The lawsuit, which seeks to represent other players in a class action, was filed this …

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Super-grass Tzvetkoff living la dolce vita in Australia

23 Oct 2015

The man who helped bring down some of the world’s largest online poker companies five years ago by turning informer to save his own skin, Daniel Tzvetkoff (32) is reportedly back in Australia and  sufficiently wealthy to live the good life on the Gold Coast. The Courier-Mail newspaper reports that its investigative team tracked down …

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Good news for Bitcoin punters

23 Oct 2015

Online punters and other users of the virtual currency Bitcoin will be pleased to hear that the European Court of Justice has ruled that Bitcoin is to be treated in Europe in the same way as traditional fiat currencies, and is exempted from value added tax. The Court found this week that cyber-currency transactions buying …

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Major Australian partnership for William Hill

23 Oct 2015

One of Australia’s biggest annual sporting events, the Australian Open, has signed up the Aussie division of William Hill as its official betting partner – the first bookmaker to partner with a Grand Slam tennis tournament. CEO Tom Waterhouse said Friday that the prestigious tournament was the perfect partner for William Hill, with both brands …

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Live dealer supplier posts a strong third quarter report

23 Oct 2015

Live dealer technology and content supplier Evolution Gaming posted a strong Q3-2015 result Friday, reporting that revenues increased 57 percent y-o-y to Euro 19.5 million, and EBITDA rose 60 percent to Euro 7.8 million in the quarter ended September 30. The company’s mobile channel was particularly successful, contributing 28 percent of revenue as y-o-y proceeds …

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William Hill profits take a hammering

23 Oct 2015

Investors used to significant year-on-year improvements in profits at online and land gambling group William Hill plc have a new experience to digest today with the release of the company’s not-so-stellar third quarter results. The company reported that a combination of unfavourable horse racing results, lower Australian action and the imposition of a new UK …

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Online gambling poll for Nova Scotians

23 Oct 2015

provincial government of Nova Scotia in Canada could be thinking about legalising online gambling, according to local media speculation amid reports that a poll is to be conducted to better understand how many residents participate in online gambling activity. The provincial minister responsible for Nova Scotia’s Gaming Control Act, Michel Samson, told local reporters that …

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Online gambling dragged into race track dispute with Pennsylvania governor

23 Oct 2015

Pennsylvania has been the primary battleground for internet gambling this week as legalisation initiatives have gathered momentum due to the need to plug a state budget deficit, and Sheldon Adelson’s Coalition to Stop Internet Gambling focused on the state’s legalisation moves (see previous reports). A new area of contention opened up as the week came …

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Russia blocks online gambling websites

23 Oct 2015

Russian online media are reporting that the Russian internet watchdog Roskomnadzor, which started blocking international online gambling websites earlier this year has stepped up its bans as it implements the federal government’s requirements to prevent Russians from gambling online. The latest and biggest tranche of sites blocked this week names over twenty websites owned by …

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DraftDay takes geo-location technology on board

22 Oct 2015

With political and enforcement eyes increasingly focussed on the daily fantasy sports vertical, operator DraftDay Gaming Group announced Thursday that it has taken on board GeoComply’s “Solus” geo-location technology. GeoComply says Solus has been specially designed for the needs of the rapidly evolving daily fantasy sports sector, and provides geolocation and anti-fraud solutions tailored for …

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NetEnt takes player to ancient Egypt in new release

22 Oct 2015

NetEnt has released its latest online and mobile slot, an ancient Egyptian-themed game titled Pyramid: Quest for Immortality. The new game includes NetEnt’s Avalanche re-spin feature, which triggers re-spins if there is any win of three symbols and above in any way. Wild symbol features also offer exciting chances to win big money prizes, says …

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‘Titan Thunder’ coming to Mirrorball platform

22 Oct 2015

The UK social casino gaming firm Plumbee unveiled its latest game addition to the Mirrorball platform, unveiling its new “Titan Thunder” slot, a game developed by the Quickspin studios in Sweden. “Titan Thunder” is themed on an epic tale of mythical gods and monsters, and is now live on Facebook. The new addition to the …

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European court advocate general critical of German online gambling laws

22 Oct 2015

The influential European Court of Justice Advocate General has issued a report critical of Germany’s confusing online gambling laws, opining that such legislation should be transparent, non-discriminatory and compliant with EU law. Advocate General Szpunar’s opinion follows a ruling of the Higher Administrative Court in Hesse of 16 October suspending the granting of licenses under …

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Another new game as Slotland celebrates seventeenth birthday

22 Oct 2015

Capping a month-long seventeenth birthday celebration online casino Slotland has announced the launch of another new proprietary slot titled Open Season. The hunting-themed game features free spins with a stacked wild, a symbol replacement feature and three mystery cash bonuses. “We’ve had our fingers crossed that the new game would be ready in time for …

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Ladbrokes reports 57 percent plunge in third quarter earnings

22 Oct 2015

UK land and online gambling group Ladbrokes plc posted its third quarter results Thursday, reporting a 57 percent decline in earnings before interest and tax to GBP 14.3 million pounds, as the British government tightened regulation and ramped up taxation in the gambling sector. Management acknowledged that EBITDA was less than half the GBP 33 …

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eCOGRA announces new compliance testing service

22 Oct 2015

The London-based independent online gambling advisory and compliance testing specialist eCOGRA has expanded its services by adding the third party vulnerability and penetration testing required by most leading regulatory jurisdictions, such as the United Kingdom, Italy and Spain. The required test regime involves a number of assessments conducted at both the operator’s and software provider’s …

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NetEnt success story continues

22 Oct 2015

NetEnt, a Swedish online gambling software and games supplier, has released its year-to-date and third quarter performance results, showcasing continued progress. Third quarter results included the following highlights: * Revenues increased by 28.8 percent to SEK 279.8 (217.2) million; * Operating profit reached SEK 105.3 (73.4) million, an increase of 43.5 percent; * Operating margin …

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Positive third quarter from Betsson

22 Oct 2015

Third quarter revenue at Swedish online gambling group Betsson increased y-o-y by 24 percent to SEK 972.9 million, the company reported Thursday, claiming it as the highest quarterly revenue figure it has yet reported, with organic growth of 15 percent. The FIFA World Cup represented 1.5 percent of the revenue in the comparative figures for …

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Sheriff Gaming tax evasion ruling contains interesting information

22 Oct 2015

The names of reportedly Sheriff Gaming – Bubble Group principals Michel and Maurice Gregoire and Stijn Flapper will have a familiar ring for our readers following the police actions and shutdown of the company in 2013, and a sequel in a Dutch tax court in August 2015 makes equally interesting reading. The redacted findings of …

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Coalition to Stop Internet Gambling attacks Pennsylvanian lawmaker

22 Oct 2015

The Sheldon Adelson-funded Coalition to Stop Internet Gambling appears to be alarmed at the positive debate developing on online gambling in Pennsylvania, and has launched a new video vilifying Pennsylvania State Representative John Payne, a driver of the legalisation debate in the state. The video shockingly accuses the respected lawmaker of supporting what it alleges …

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Florida Senate and House to investigate daily fantasy sports

22 Oct 2015

The Florida mainstream media reported Wednesday that legal moves are afoot in both the state Senate and House to investigate the daily fantasy sports industry and assess what action could be taken to curtail or restrict its activities. Florida Senate President Andy Gardiner has reportedly asked his lawyers to look into fantasy sports, whilst House …

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Chinese lottery distributor going for a Nasdaq listing

22 Oct 2015

DJI Holdings plc, a UK licensed promoter and distributor of Chinese sports and welfare lottery products, announced Wednesday that it is to obtain a secondary listing of its shares on the Nasdaq Exchange in the United States. The company said in a statement that such a listing will deliver enhanced market liquidity and assist the …

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