The Aussie social sports betting group Favourit, currently chasing a listing on the Australian stock exchange, has appointed Sportingbet veteran Gary Harris as chief executive officer. Previously the IT director and a board member of the Sportingbet Australia Group between 2004 and 2013, Harris was responsible for technology development and operations, growing online turnover from …
Australia’s perennial anti-online gambling crusader Sen. Nick Xenophon was quick to take advantage of Social Services Minister Scott Morrison’s call for a fresh review of the Interactive Gambling Act of 2001 (see previous reports), quickly scoring several media interviews on the topic Wednesday. He urged the federal government to ban gambling advertising during live sport …
The news Monday that the Bwin-Party directorate still favours the 888 Holdings bid for it seems to have spurred rival bidder GVC Holdings to exert more media pressure in the ongoing bidding war. The Reuters news agency reported Wednesday that in a Times interview GVC chairman Lee Feldman did not discount the option of “going …
Privately-held California-based Betcade is planning the launch of an Android-based app store for real-money gambling, initially in the UK market in July 2016. The outfit founded and headed up by David Chang, claims it will be “the first dedicated Android app store for the gaming industry and the premier destination for players to discover, download …
NetEnt has received a transactional waiver from the New Jersey Division of Gaming Enforcement for the Borgata and bwin.party brands ahead of approval of its application for a Casino Service Industry Enterprise Licence for the New Jersey market. NetEnt’s recent deals with Golden Nugget and Caesars Interactive Entertainment will need to follow the same process …
Prague games developer Endorphina will distribute a 30-title portfolio through SoftSwiss-powered BitStarz and Chance Hill online casinos. The portfolio includes titles such as Origami, Minotaurus and Blast! Boom! Bang!.
Seattle-based eSports startup Unikrn’s latest investment round has raised $7 million in funding and attracted celebrity attention through Sound Ventures, a recently formed venture capital firm founded by Hollywood actor Ashton Kutcher and Guy Oseary. Kutcher is known within tech circles “as a savvy angel investor”, according to GeekWire, whose list of past tech investments …
The Kahnawake Gaming Commission (KGC) and the Jersey Gambling Commission (JGC) have entered into a Memorandum of Understanding (MOU) that covers arrangements for the acquisition, exchange, handling, protection and use of information. “This is a welcome development – it’s increasingly important for gambling regulators to work together, not just to share best practice, but in …
Social casino developer Plumbee has expanded its Mirrorball Slots Platform with the addition of “Mermaid’s Treasure” developed by Platipus Gaming and now live on Facebook. Landing three scatter symbols will trigger seven free spins, during which time the first reel will be fully wild. Every free spin Mermaid on the reels following will create a …
Isle of Man software provider Microgaming has tantalised with two new graphic-rich preview titles “Titans of the Sun, Theia” and “Titans of the Sun, Hyperion” due for release on the Quickfire platform in October. Both games feature Wild and Scatter symbols alongside a host of mythical symbols. The 15-line God and Goddess-themed titles offer a …
“Super Graphics Super Lucky” is the latest release from British gaming firm Realistic Games. The new three-reel title, released across Phone, tablet and desktop, carries a Japanese capsule vending machine theme and is the sister-game to the company’s successful “Super Graphics Upside Down” title. A bonus round includes 12 free spins, a progressive multiplier and …
Czech social democrat parties ANO and Christian Democrats have agreed changes to a proposed rise in betting industry tax from 25 percent to 23 percent, Reuters reports. The lower increase in betting tax, which currently stands at 20 percent , will significantly benefit market leaders such as Fortuna Entertainment Group. “We agreed in the coalition …
The Canadian online gambling group NYX Gaming has confirmed the appointment of Leon Thomas as its managing director of US operations (see previous reports). Thomas joins the Toronto listed group following a four month period as a marketing consultant to Caesars Interactive Entertainment. He will be charged with leading NYX’s commercial development with US clients, …
The Swedish online gambling software provider NetEnt has received a transactional waiver from the New Jersey Division of Gaming Enforcement, allowing it to launch its digital gaming products via the Borgata and bwin.party brands. Having applied to the DGE for a Casino Service Industry Enterprise Licence earlier this year, the transactional waiver permits NetEnt Americas …
Gambling statistics for August 2015 released by the Macau Gaming Inspection and Coordination Bureau Tuesday show that for the fifteenth consecutive month revenues fell…this time by 35.5 percent year-on-year as the regional crackdown on corruption and a pronounced economic slowdown continued. The number of visitors from China slumped by 6.1 percent in July. Reuters reports …
The independent television advertising monitor iSpotTV reports that daily fantasy sport provider DraftKings continues to spend big, over the last seven days investing $15.93 million – an average of over $2 million a day – and more than the previous week (see earlier reports). This sort of marketing investment positions the DFS operator up among …
The California Gambling Control Commission continued to lose top management experience and talent this week when its high-profile executive director Richard Schuetz headed for greener pastures in the Bahamas. Our readers will recall the conflict of interest considerations earlier this year which resulted in the resignations of Commissioner Tina Littleton and later Commission chief Richard …
Quebec’s online and land gambling operator Loto Quebec has started fiscal 2015-2016 with a bang, reporting that its Q1-2015 ended June 29 recorded higher revenues and net earnings. Revenues reaching Cdn$860.5 million (+0.9 percent) and net earnings of $298 .7 million (+2.6 percent), whilst tight resource management helped reduce total expenses by $9 million (-3.7 …
Remember the player disasters epitomised by Purple Lounge-Mediacorp, Everleaf and a slew of lesser known cases where online gambling operators failed to properly segregate punter deposits from operational funds….and the punters are left unpaid when they went bust? Whilst a number of online gambling licensing jurisdictions profess to offer regulations guarding against this sort of …
The Asian-facing Gampag online gambling group, which operators the ca88.com internet and mobile casino, is the latest operator to sign up for BetSoft games. Under the terms of the partnership, Gampag will be offering Betsoft’s Slots3 collection of 3D video slots via mobile and desktop channels. BetSoft spokesperson Joya Zhang described the deal as a …
Australia’s federal Social Services Minister Scott Morrison is controlling a fresh review of Australia’s Interactive Gambling Act, which is widely seen to be ambiguous and outdated by current technological and commercial standards, notably the rise of mobile gambling and the entry into the Australian gambling market of large European online sports betting groups. Morrison wants …
Coinciding with the end of the British August bank holiday, 888 Holdings issued a new statement Tuesday on a revised bid for Bwin-Party, which Bwin has confirmed it has received and is studying, along with the latest offer from GVC Holdings (see previous report). For now, Bwin says that its directors’ unanimous recommendation of the …
French horse racing operator Pari-Mutuel Urbain (PMU) has acquired a majority stake in long-time partner Die German Tote Service- und Beteiligungs GmbH (German Tote) for an undisclosed consideration. “The acquisition of the German Tote is an opportunity which allows PMU to become an operator in Germany, and become a part of its equestrian tradition of …
H1-2015 results from gambling testing agency BMM Testlabs show good year-on-year growth in earnings and revenues and the signing of 30 new clients. Without providing actual financial figures, the company claimed in a media statement that revenues rose by 7 percent, and EBITDA by 51 percent, in the first half, and that in the second …