The New Jersey Division of Gaming Enforcement has released statistics for August, showing that revenues in Atlantic City declined a further 5 percent year-on-year to $258.6 million (August 2014: $272.3 million). However, the online gambling component delivered another increase at $12.2 million (August 2014: $10.5 million) up just over 16 percent. Matthew Levinson, chairman of …
The Ghana Revenue Authority (GRA) has reportedly introduced a 17.5 percent tax on betting companies and patrons saying given the rise in popularity of the pastime, taxes collected would benefit the development of the country. Revenue officer for the Tamale district, Erasmus Ayenor Tei, said at a bookkeeping and tax workshop held in Bolgatanga that …
Online gambling games developer NetEnt has launched a second exclusive and bespoke branded slot for online casino operator Mr Green, following its earlier “The Marvellous Mr Green” offering. The new game, titled Mr Green: Moonlight, has slick game action that might remind NetEnt fans of the Frankenstein slot from the same developer. It comes in …
Now defunct bitcoin exchange Mt.Gox’s chief executive officer Mark Karpelès has been rearrested and charged with embezzling GBP 1.7 million worth of bitcoin from the collapsed bitcoin exchange by Japanese authorities. On his arrest earlier this year, it was reported that the alleged fraud led to the collapse of the exchange and damage to the …
Sportech has applied for an extension with regard to Contagious Gaming’s takeover bid with the UK Panel on Takeovers and Mergers. As the initial deadline expires, talks will continue to the extended October 9 2015 deadline.
Asian-based Dafabet has become title sponsor of the 2015 World Cup of Pool scheduled to run later this month at the York Hall in London. The event will broadcast for six days live on Sky Sports in the UK, ESPN3 in the USA, ESPN Latin America as well Sky in New Zealand, CCTV (China), Nova …
Former bwin.party finance executive Steven Prowse will lead Chinese lottery provider DJI Holdings’ finance division on an initial six month contract succeeding outgoing chief financial officer Rodney Davis. Prowse previously served as Finance Director and Deputy chief financial officer of both Party Gaming and bwin.com and more recently as finance and reporting consultant for sigma-pi.com. …
Gaming technology supplier Genii has signed its seventh partnership agreement in the past two months, this time with Malta-based platform and services provider Omega Gaming. The agreement follows similar deals with LeoVegas, TAIN, Iforium, Altenar, Gaming Innovation Group and Starfish Media (see previous reports). Genii’s portfolio of over 130 casino games, including its Spin16 product …
With the cooperation of international enforcement Italian authorities have managed to freeze Euro 28.7 million in suspected online gambling laundered funds associated with organised crime. The publication Malta Today reports that “Operation Gambling” reached into the Malta jurisdiction, where six persons were arrested earlier this year in enquiries around local companies (see previous reports). The …
UK-listed Chinese lottery sports and welfare lottery promoter DJI Holdings plc has announced a cooperation agreement with Heilongjiang Sports Bureau in the Heilongjiang province of China to establish a joint venture and a placing of new ordinary shares to raise GBP 5.6 million. Earlier this month the company signed up Arsenal FC to become the …
UK online and land gambling group William Hill plc has confirmed the full roll-out of its new Priority Access Card, a prepaid Mastercard which obviates the mandatory three to five day withdrawal pause before players can cash out, giving the punters immediate access to their funds. Prompt pay-outs are an important requirement for most players, …
The Swedish online gambling games developer Yggdrasil has announced that its next new game will have a theme based on the legendary fictional detective Sherlock Holmes, has five progressive jackpots and is titled “Holmes and the Stolen Stones.” The game is scheduled for release in mobile-compatible HTML5 format on September 24, and includes Free Spins, …
The Manila Times reported over the weekend that the Philippines Bureau of Immigration has apprehended and deported large numbers of Chinese for illegally working, many at online gambling companies, this year…and many more have mysteriously been released after being arrested, possibly due to official corruption. Our readers will recall the high profile case of alleged …
The Forbes business magazine has reported that Playtech’s principle shareholder, Teddy Sagi, is now Israel’s sixth wealthiest citizen, almost doubling his fortune this year in a series of shrewd deals. Among these were his strengthening position in the retail forex industry through half-a-billion dollar acquisitions of Plus500 and AvaTrade, adding these to his Markets.com portfolio …
The often “laddish” television adverts aired by online and land gambling groups in Australia have come under attack as being sexist by the Victorian Responsible Gambling Foundation, whose chief executive Serge Sardo claims standards have reached new lows and depict the feminine gender in disrespectful ways as sex objects or naggers. Speaking to The Age …
The Chicago Bears opening match of the NFL season against the Green Bay Packers today (Sunday 13 September) will see wide Soldier Field stadium exposure for daily fantasy sports operator FanDuel, which landed a partnership agreement with the franchise earlier this year . But it also represents a notable fresh approach on the part of …
Despite a colourful past that includes some regrettable statements, former professional wrestler, showman and television personality Hulk Hogan has been signed as frontman for the daily fantasy sports operator FanPicks.com for an undisclosed duration and reward. The publication TMZ reports that a FanPicks spokesman addressed Hogan’s past by saying: “We all make mistakes and deserve …
The Malaysian Communications and Multimedia Commission (MCMC) has released figures showing that it has ISP-blocked access to 306 online gambling websites since early this year. The blocks were initiated following cases made by the police force, which is engaged in an ongoing internet gambling clampdown. MCMC Digital and Media Literacy Division senior director Eneng Faridah …
Despite its traditional anti-gambling posture, Google has made two Android daily fantasy sports apps available in its app store, suggesting that the company has either changed its stance on gambling, or has decided that DFS does not constitute gambling due to its skill element. The move came as the NFL season started early September, with …
Assemblyman Adam Gray, author of a stalled online poker legalisation bill in the California legislature has introduced a new bill proposing the licensing and regulation of the booming daily fantasy sports industry in California. Titled AB-1437 Gambling: Internet Fantasy Sports Game Protection Act, the measure was introduced as the legislature wound up its current session …
Virtual sports provider Inspired Gaming has signed a partnership deal with Best Gaming Technology which will see its products promoted and integrated with BGT self-service terminals in regulated gambling jurisdictions. Inspired spokesman Steve Rogers said in a statement that the deal is a win-win for both companies, bringing them together in the development of an …
Bitcasino, a Bitcoin online casino and sportsbook operator, has signed a games content agreement with 3D slots developer Booming Games which will see the latter’s full portfolio of 21 products integrated with the online gambling website. The games include Marketplace, Ice World and Fort Knox – all compatible with mobile and tablet devices. A spokesperson …
New eSports fiat and Bitcoin denominated operator Vitalbet, which is associated with boxing champion Manny Pacquiao, has launched a new live betting service in partnership with provider UltraPlay. Curacao-licensed Vitalbet launched in May this year and offers online and live dealer casino and lottery action in addition to eSports, all powered by UltraPlay, with a …
The Australian operations of UK online gambling giant Bet365 have fallen foul of the Australian Competition and Consumer Commission over betting incentives and wager-through requirements. The Commission took Bet365’s Australian and UK companies, Hillside (Australia New Media) and Hillside (Shared Services) to federal court on accusations of misleading and deceiving practices to the detriment of …