Gambling news - page 712

NetEnt signs Simulated Gaming partnership with newly rebranded GAN

11 Sep 2015

In one of its first announcements since rebranding from GameAccount Network, simulated gaming provider GAN has revealed that it has inked a deal with Swedish online gambling games developer NetEnt for games content. The agreement requires NetEnt to supply its games through GAN’s Simulated Gaming platform in the United States. Simulated Gaming does not include …

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Nigerian bookie the first with new virtual basketball offering

11 Sep 2015

Betradar has selected Nigerian online and retail bookie NairaBet as the first to roll-out its Virtual Basketball League (VBL) product, introducing the game in a successful soft launch last month. VBL joins four other Betradar virtual sports products in the the Nairabet inventory, and presents 16 teams in a league competition with live scores, tables …

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Canadian provincial governments losing out on betting opportunities

11 Sep 2015

The commencement of the NFL season in the USA has triggered a fresh plea by Canadian casino operators for a review of Canada’s federal Criminal Code, which places constraints on operators, including a rule banning bets on the outcome of a single game. Operators say that provincial governments which control regional gambling, and casinos are …

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Betclic off the Belgian online gambling blacklist

11 Sep 2015

The Betclic Everest online gambling group, which has been jousting with the Belgian Gaming Commission over its operations in that country since 2012, appears to have accepted the inevitable and agreed to comply, reportedly paying Euro 80,000 towards fines imposed by the Belgian authorities on its local players. The company has consequently been removed from …

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Stride Gaming releases trading update

10 Sep 2015

Good existing business momentum and a solid performance from a new social gaming acquisition have boosted the commercial progress of the Stride Gaming online bingo group, giving Management the confidence to predict that full year EBITDA this year will top GBP 7 million. The UK group includes Kitty Bingo, Lucky Pants Bingo, Bingo Extra, Jackpot …

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Betgenius in eSports move

10 Sep 2015

Sports betting technology and software supplier Betgenius has launched what it claims is the world’s first comprehensive pre-match and in-play eSports betting product. Professional gaming tournaments – eSports – has been the buzzword in sports betting this year, and with a current fan base of almost 90 million worldwide, the new vertical offers bookmakers significant …

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Former Republican congressman slams Restoration of America’s Wire Act

10 Sep 2015

In an op-ed article in US News and World Report this week former Republican congressman and presidential candidate, and chairman of Campaign for Liberty, Ron Paul, slammed the Sheldon Adelson-inspired Restoration of America’s Wire Act proposal currently in Congress, warning that young Republicans embrace the philosophy of liberty and limited government, and are unlikely to …

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ASA clears Paddy Power Blatter advert

10 Sep 2015

The positioning and dominant audience of a Paddy Power advert urging controversial FIFA chief Sepp Blatter to “F**k Off Already” was accepted  by the UK Advertising Standards Authority as reasonable grounds for ruling that the ad. was not in breach of rules regarding public offence this week. Published earlier this year during the furore over …

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U.S. sports betting is big business

10 Sep 2015

The latest developments in New Jersey’s fight to open up sports betting (see previous reports) have again highlighted the enormous potential market that US sports betting represents, with widespread coverage in mainstream and industry media devoted to the topic this week. Most reports quote American Gaming Association estimates that in the U.S. alone, $95 billion …

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UK football club to boost Chinese lottery sales

10 Sep 2015

The passion of Asian fans for high-profile English Premier League football has led to an unusual business partnership which this week saw Arsenal FC ink a three-year agreement with DJI Holdings, a UK-based Chinese lottery supplier. The deal designates Arsenal as an official lottery partner of DJI in China, enabling DJI to offer its Asian …

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Magnet Gaming clinch Danske Spil deal

10 Sep 2015

Online slots developer Magnet Gaming has signed a deal to supply games to the internet casino websites of Denmark’s biggest operator, Danske Spil. The initial roll-out of eight slots, including popular titles like Diamond Express, Golden Pyramid, and Bank Walt, has already taken place, a spokesman said Thursday, adding that a further eight games currently …

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Isle of Man online gambling industry grew 30 percent last year

10 Sep 2015

The decision years ago by the Isle of Man government to create an online gambling hub and regulatory jurisdiction continues to pay economic dividends, with the latest government figures showing that growth has been strong in the last year, and that the industry is now among the most significant in the island economy, generating jobs …

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Rochester man and hockey pro involved in sports betting ring sentenced

9 Sep 2015

Rochester businessman Paul Borrelli (70) was sentenced this week for his involvement in an illegal $75 million online sports betting ring, money laundering and an attempt to blackmail professional hockey player, Thomas Vanek. Borrelli’s cohorts, brothers Paul and Joseph Ruff, were sentenced to nine years and 41 months respectively in prison earlier this year and …

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Intertain initiates share buy-back

9 Sep 2015

Canadian online gaming firm Intertain Group Limited will make a normal course issuer bid (NCIB) to purchase and cancel up to 3,617,740 or 5 percent of common shares over the next year saying the current share price does not reflect the underlying value of the company. “Alongside our shareholders, Intertain has built a very profitable …

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30 online gambling arrests in Vietnam

9 Sep 2015

A police spokesman in Vietnam’s Tay Ninh City revealed Wednesday that a police anti-online gambling raid on an internet cafe had resulted in the arrest of 30 persons and the confiscation of 21 computer sets. Officers from the provincial social crime prevention police raided Sky Win Cafe mid-afternoon Wednesday following reports that the illegal business …

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Viggle – Sportech J.V. acquires DraftDay from MGT

9 Sep 2015

DraftDay Gaming Group, a new entity formed by a joint venture between Viggle Inc. and Sportech Digital has completed the acquisition of fantasy sports business DraftDay from MGT Capital Investments. “By combining and capitalizing on the well-established operational business assets of DraftDay, Sportech and Viggle, the new company is well-positioned to become a significant player …

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Diwip parent acquires Akamon

9 Sep 2015

Imperus Technologies Corp (Imperus), parent company of social gaming developer Diwip, has entered into an acquisition agreement with Akamon Entertainment Millennium, S.L. (Akamon) for a consideration of $25,578,904, payable in cash and Imperus securities. All key Akamon management will be retained post acquisition including Vicenc Marti, co-founder and chief executive officer of Akamon and Alex …

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PAF customer becomes multi-millionaire

9 Sep 2015

NetEnt’s Mega Fortune Dreams slot has made a sixty year old Finnish woman a multi-millionaire over there past weekend on a Euro 0.40 wager. The fairly new PAF customer, who registered in June, triggered the Euro 3,020,481 jackpot in the early hours of Saturday morning marking the seventh biggest win in PAF’s history. “This is …

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17 Chinese nationals arrested in Thai online gambling raid

9 Sep 2015

Thailand police in the Chiang Mai province reported Tuesday that in partnership with immigration officials they had broken up an illegal online lottery ring and arrested 17 Chinese nationals. A large combined police-immigration raiding party of 50 officials carried out the raid on a three-storey house on a private estate, catching 14 men and 3 …

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GameAccount Network to rebrand this week

9 Sep 2015

Developer and supplier of B2B products for the gaming industry GameAccount Network has announced that the planned re-branding of the company to GAN will become effective on September 9 – a move consistent with its success in the supply of online gaming solutions to brick-and-mortar casinos within the borders of the United States. The new …

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New NYX Gaming subsidiaries integrated with OGS

9 Sep 2015

NYX Gaming has followed its recent acquisition of Chartwell Tech and Cryptologic online gambling firms from the Amaya Group (see previous  reports) with an announcement that a wide range of games content will be delivered to the new subsidiaries via the OGS system. Among the first to benefit is Corbett Sports, which has launched NextGen’s …

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Has Sky Betting dropped social gaming division?

9 Sep 2015

Unconfirmed reports circulating Tuesday indicate that Leeds, UK-based Sky Betting and Gaming has shut down its social gaming division, apparently prompting the departure of divisional head Bruce Bale. Remarkably the division, which operated in partnership with the US-based OpenWager Inc., only launched in January this year, adding three more iOS and Android games to its …

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U.S. gambling giant fined for money laundering deficiencies

9 Sep 2015

On the heels of reports from the UK that the Rank Group has had to give up profits made during a period of ineffective anti-money laundering systems (see previous reports) comes news of similar punitive action against a US casino group. Reports in the US media claim that Caesars Entertainment has had to cough up …

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Fresh New Jersey litigation on sports betting ban

9 Sep 2015

The long running saga that is New Jersey’s attempt to secure the right to legalise sports betting within its borders (see previous reports) featured a new development this week as the state horse racing industry requested a federal appeals court to review its earlier decision, which prevents the state from progressing its sports betting plans. …

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