Gaming Innovation Group, (GIG), parent company of Guts.com, delivered an upbeat quarterly report saying it has succeeded in establishing a solid platform from which to grow. Key performance indicators for the period include: – Net income of Euro 800 000 (Q2/2014: Euro -100 000). – Profit before tax amounted to Euro 900 000 (Q2/2014: Euro …
Security group Akamai’s second quarter 2015 review of the Internet reports a record number of Distributed Denial of Services attacks in Q2-2015 – up 7 percent on the preceding quarter – and cautions that online gaming sites appear to be a popular target for the criminal organisations behind the assaults. On a year-on-year comparative basis, …
Online gambling revenues in Delaware continued to advance in sequential monthly terms during the month of July 2015 according to figures released this week by the Delaware Lottery. New registrations were up at 378 at Delaware Park, Dover Downs and Harrington – the highest number of new accounts achieved in the past 10 months and …
China continues to struggle with criminal elements on the internet, but has enjoyed some success this year according to a report in the publication CIO Tuesday. Government enforcement investigations and actions have resulted in the arrest of 15,000 criminals charged with hacking attacks, cyber fraud, and the promotion of gambling in 7,400 separate cases…and more …
Malta-regulated horse racing bookmaker Racebets International Gaming Limited has been awarded a Combined Continuation Remote Operating Licence from the UK Gambling Commission. “The decision vindicates our commitment to British racing and the hard work that has been carried out by the whole team, over the last few years,” Patrick Byrne, managing director of RaceBets said.
Slotland’s Treasure Box slot paid out a major jackpot of $149 999 to lucky punter and dentist Samuel W. this week. “I was so surprised to hit the big one!” Samuel W. said. “I guess I’ll pay off my credit cards and I think I’ll buy my sister a new car. My wife loves her …
Users of the Bitcoin virtual currency are reportedly unhappy with the new Bitcoin XT version developed by Mike Hearn and recommended by the currency’s chief scientist, Gavin Andresen…but the latter says that consumers are starting to come round to the idea, with 10 percent of the network embracing the new product within the last few …
BetConstruct has expanded its sportsbook product with a new “eFootball” live sports offer, saying the addition provides a link between traditional sports and eSports betting through the medium of football, giving operators opportunities aimed at a younger demographic. eFootball will feature matches from the FIFA Football League with teams competing using the EA Sports FIFA …
According to the Times.co.uk, GVC Holdings may be facing a legal challenge from Canadian sports and entertainment consulting firm 37 Entertainment (37E). GVC and 37E have reportedly been in protracted talks concerning a joint online gambling venture for the Canadian market, the signing of which was “merely a formality” the report said. The multi-million dollar …
Gala Coral has appointed David Fuke as Head of Web and Mobile. Fuke joined the company earlier this year from bwin.party digital entertainment where he served as Head of Product: Bingo for two years. Prior to bwin.party, Fuke was employed by Endemol as product development manager and Ladbrokes where he served as general manager: games …
Online gaming technology provider Genii has announced an agreement to integrate its extensive portfolio of casino games to Altenar’s fully managed gaming solution. The agreement enhances Altenar’s mobile and desktop casino offering with Genii’s portfolio of over 130 games, headlined by the new Spin 16 product range. Altenar specialises in sportsbook with its BetInAction Sportsbook …
The Gun Lake tribe in Michigan is showing its displeasure at a state decision to take lottery operations online by withholding $7 million in annual revenue payments from its Gun Lake Casino, an operation managed by the Station Casinos group. The tribe has justified the withholding by arguing that the decision violates its 2007 agreement …
A new study by Juniper Research has found that more than one in 10 adults worldwide will engage in some form of mobile or online gambling by 2019, with nearly half of adults in UK and Italian markets playing by that time. Researchers at Juniper say that while to some extent the forward growth can …
The Australian media are highlighting a report from Financial Counsellors Australia which is concerned about growing incidents of problem gambling due to the proliferation of online sports betting, and suggests federal government measures that should be implemented to combat the issue. The full report can be accessed here: http://www.financialcounsellingaustralia.org.au/getattachment/5cf44306-d643-4e60-8f33-2922659c4de5/FINAL-PDF-Duds,-Mugs-and-the-A-List-The-Impact-of-Uncontrolled-Sports-Betting-low-res.pdf FCA spokesperson Lauren Levin claims that …
Australian entertainment firm Crown Resorts has acquired a 60 percent interest in Texas-based DGN Games LLC for a US$ 27.5 million consideration. In addition to the consideration, Crown will boost the social gaming company’s growth strategy with a US$ 5 million cash injection. “It’s early days for us, but we think the social gaming space …
Webis Holdings’ WatchandWager.com subsidiary has been awarded an Advanced Deposit Wagering (ADW) licence by the Washington Horse Racing Commission (WHRC). The award of the licence will enable WatchandWager to accept online pari-mutuel horse race betting from Washington State residents. “We are excited to add Washington State to WatchandWager’s growing list of states where we can …
Italian gaming firm Sisal Matchpoint has clinched a sponsorship deal for the 2015/16 season with top-tier Serie A professional football club AS Roma. Under the terms of the deal, Sisal Matchpoint will serve as AS Roma’s principle sponsor affording the company high visibility branding in the club’s Olympic Stadium and other promotional opportunities.
Michal Hanák has returned to Fortuna Entertainment Group (FEG) as Group Chief Sportsbook Officer, having spent the last three years as director of strategy at sports betting operator Niké. Hanák succeeds Ondřej Vích who leaves Fortuna at the end of August for personal reasons. He boasts more than 20 years in the bookmaking, sports betting …
SBTech will integrate a new cashout function along with live-streaming capabilities during the third quarter of this year. The new cashout function provides players the ability to sell back their bets to the operator while live-streaming capability on many of its games will be integrated from three unnamed third-party providers. “The fast-pace of in-play is …
Armenian sports betting operator Goodwin.am has inked a deal with UK software provider BetInvest for a fully customised, online multi-platform offer that includes casino, virtual sports, live dealer and sports betting. The white label offer will be available across web and mobile at goodwin.com and goodwin.am in English, Russian and Armenian language options and will …
ZEAL Network (formerly Tipp24) has tripled EBIT in the first half of 2015 but said revenue was impacted by a single high jackpot payout of Euro 47.9 million. According to ZEAL, the implementation of the UK POC tax regime has had a positive impact allowing it to capitalise on a significant decrease in operating expenses …
Speculation on the destination of Bwin.Party’s senior executive and group director for poker Jeffrey Haas has ended (see previous report) with the news that the industry veteran has been appointed by daily fantasy sports operator DraftKings. Haas will lead DraftKings’ international expansion under the title of chief international officer and will head up the company’s …
The National Football League of Russia has inked a deal with the Moscow-headquartered online and land bookmaking firm Fonbet through which the bookmaker is appointed title sponsor of the Russian football second division over the 2015-2016 season. The 20-club division will be officially branded the ‘Fonbet Russian Football Championship’ and will give Fonbet publicity and …
Investors in the UK spread betting firm Spreadex will be pleased with the GBP 20.1 million windfall dividend distributed this year – a year-on-year quadrupling of the pay-out – following soaring turnover and profits. Full year results to May 31, 2015, show that sales grew from GBP 35.4 million to GBP 40.4 million, while pre-tax …