Euro Games Technology Interactive (EGTi) has launched its new online casino platform becoming a full service provider. The platform has initially launched with Winbet casinos in Bulgaria as a pilot before it is rolled out to the rest of EGTi’s customers. Providing access to EGT’s portfolio of 60 plus online games in free-to-play and real-money …
Vietnamese authorities have pressed charges against 28 locals suspected of involvement in a $9.1 million online gambling ring, according to Thanh Nien News. Ho Chi Minh City resident Pham Huy Toan (38) is suspected of facilitating the ring while the other 27 will appear in court on various gambling charges. Vietnamese prosecutors said Toan received …
The directors of Paddy Power plc and Betfair plc have issued a statement briefing investors on the intended merger of the two companies and advising that shareholder benefits will include 0.4254 new Paddy Power Betfair shares in exchange for each Betfair share, along with a special dividend of Euro 80 million for Paddy Power shareholders …
In the Spanish gambling market, online and retail bookmaker Kirolbet has signed a sponsorship agreement with La Liga side Athletic Club Bilbao, the club announced this week. The usual stadium advertising, promotional and branding privileges will be extended to Kirolbet, which will also have access to the digital channels operated by AC Bilbao during the …
The South Korean police have launched an investigation into match-fixing and illegal gambling that involves more than two dozen current and former sportsmen, mostly basketball and judo players, the Agence France Presse news agency reports. The probe was triggered by alleged game-rigging in basketball which occurred earlier this year and involved a professional player identified …
Britain’s Gambling Commission has recommended that operators review the efficacy of their anti-money laundering procedures following shortcomings at the Rank Group which emerged following an investigation at Meccabingo.com and Grosvenor Casinos, and the conviction of a customer on an AML charge. In acknowledging flaws in its procedures, the Rank Group has agreed with the Commission …
Caesars Interactive Entertainment’s Playtika has acquired Israeli startup Big Blue Parrot (BBP), developer of the popular Poker Friends app. Although the consideration was not disclosed, news agency Globes said sources estimate the deal to be around the $10 million mark. “Gilad Almog, BBP’s founder, together with his team, will enable us to continue expanding our …
The UK Gambling Commission (UKGC) has publicly urged licensees to learn from British gambling firm Rank Group’s shortcomings in anti-money laundering (AML) controls for its Grosvenor and Mecca Bingo brands. Operators are urged to “critically review the effectiveness of their policies and procedures to prevent gambling being used to support crime or risk more formal …
Micrograming previewed “Peek-a-Boo” this week, an upcoming comically-themed 40-payline, 1024 ways to win offer. In the base game, Peek-a-Boo’s Kid symbol on Reel 3 will randomly zap ghosts on the other reels with his electric ray gun to award cash prizes. Each ghost zapped will be collected in the Ghost Meter and counted up as …
After losing the bidding war for Bwin-Party last week, 888 Holdings executive chairman Brian Mattingley remains confident on his company’s prospects in a consolidating industry, telling the Financial Times Monday that 888 will be making its own strategic acquisitions. “We are not a target,” Mattingley told the newspaper. “We will do practical and strategic acquisitions …
Genii Gaming Technology (Genii) has entered into its fifth content deal in the past month, the latest with aggregator and platform provider Starfish Media N.V. Under the terms of the deal, Starfish Media has agreed to take Genii’s entire catalogue of over 130 casino games along with its Spin16 product range which allows mobile players …
bwin.party digital entertainment has announced shareholder-approved share plan awards under its 2014 Incentive Plan that will undoubtedly leave these two executives with a smile on their faces. Chief executive officer, Norbert Teufelberger will receive a restricted share award of 916,091 bwin.party shares at a share price of GBP 1.04 per share while chief financial officer …
According to Israeli news agency Globes.co.il, Unibet is sending a team of representatives to meet with around 20 entrepreneurs in Tel Aviv with a view to investing in Israeli startups. Unibet executives will hold a meet and greet event later this week at community co-working space Cowork Bay during which it will reportedly consider potential …
Payment services provider Optimal Payments Plc will propose a name change to Paysafe Group plc at an Extraordinary General Meeting later this month. The adoption of a resolution would rely on the company’s admission to listing on the London Stock Exchange’s main market for listed securities. The company’s move to London’s main stock market follows …
Spanish gaming firm Grupo Orenes’ online gaming operation has extended its 2013 agreement as sponsor of Spanish Segunda División B football club Real Murcia Club de Fútbol, S.A.D. VivelaSuerte.es will continue as official sponsor with a strong brand presence on the Club jersey and the operation of its murcia.vivelasuerte.esbetting offer along with other marketing initiatives.
Irish betting firm Paddy Power has clinched a B2B deal with Spanish retail and online operator Reta for the provision of a sports betting product via RetaBet.es. Paddy Power recently extended similar partnerships with French operator Pari Mutuel Urbain, Canadian British Columbia Lottery Corporation and Slovakian firm Niké . Commenting on the deal, Xabier Rodriguez-Maribona, …
Virtual games provider Kiron Interactive will expand on its partnership with VSoftCo in a bid to extend the reach of their respective virtual sports portfolios in a combined package. The partnership will see the companies collaborating on initiatives and products which will be marketed as a combined portfolio. VsoftCo and Kiron Interactive’s past collaborations include …
The South Korean cyber-security community has made the startling claim that North Korea’s general intelligence bureau produced and circulated a program that enables users to operate illegal gambling sites. According to the community, a program for operating illegal gambling servers has the IP address of the North’s general intelligence bureau hidden within it, and was …
The Irish press is clearly keeping a close watch on the disclosures in the Paddy Power-Betfair merger (see previous reports), reporting over the weekend that in April 2014, the group gave a loan of Euro 609,529 – without requiring any collateral or guarantee and without any interest attached – to a member of its executive …
Australia’s Social Services Minister Scott Morrison has formalised the intention of the federal government to conduct a review of the Interactive Gambling Act of 2001 , announcing in a statement Monday that the initiative will be spearheaded by former New South Wales premier Barry O’Farrell. “According to the Australian Institute of Family Studies (AIFS) online …
In India the Central Board of Direct Taxes has clarified that under new “black money” laws residents operating e-wallet or virtual card accounts online on websites hosted in a foreign country are required to disclose their accounts to the taxman. Such online financial transaction solutions are, as in other countries, often used by Indian online …
GVC Holding’s successful bid for Bwin.Party Digital Entertainment opens up growth opportunities in Africa and Latin America thanks to the high profile Bwin brand, the Wall Street Journal opined in an article Saturday. Thanks to modern internet technology and the rapidly expanding availability of smartphones, a market that consists of literally millions of gamblers will …
Retired high school teacher and former military officer Donald T. will have a more relaxing retirement following his big win at the Winaday online casino this week on the Gypsey Charm progressive slot. Speaking to casino management after hitting the $202,107 jackpot, the delighted winner said he struck it rich playing the game on his …
The daily fantasy sports genre appears to be facing a problem that online poker operators have had to confront in the past – too great a proportion of their business dominated by professional “sharks” equipped with skill, experience and technology, and who take advantage of the majority recreational player demographic. In an article on Sports …