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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
NYX Gaming’s Australian development studio NextGen Gaming will debut its latest slot, a 243-way 5-reel game titled “Spin Scorceress”. The game features NextGen’s SUPERBET feature offering the chance to win up to x50 on every Wild Win. The Sorceress Wild Reels guarantee a Wild appearing on reels 2, 3, and/or 4 and provides opportunities for …
Latest trading updates from social gaming firm Zynga reveal the planned redundancy of 366 or 18 percent of its European workforce of which Ireland faces the highest ratio of 22 people or 60 percent. According to the Irish Independent, Zynga reported a drop in overall revenues of $100 million with losses rising dramatically from $5.14 …
Platform provider FSB Technology (UK) Ltd (FSB) has supplied BeanBagSports with a new, fully-optimised sports betting service, the company said Monday. FSB is trading a number of different sports, both pre-match and in-play, for BeanBagSports on the new platform that went live to coincide with the National Hunt racing season. BeanBagSports is also able to …
Sandro Di Michele has moved into a public relations role at UK gambling and betting company Sky Bet. Di Michele has been with Sky Bet since 2010 in numerous roles that include football product manager, head of football and most recently head of trading. Prior to SkyBet he was employed by Gala Coral as a …
The troubled fantasy sports vertical received some support from an important source Monday when Major League Baseball’s commissioner Rob Manfred told the New York Daily News that he had no regrets about supporting fantasy sports, opining: “I think that fantasy is an important source of fan engagement, it has been for a long time.” The …