Gambling news - page 729

Former Isle of Man e-gaming exec to remain on the island

30 Jul 2015

The mystery of where former Isle of Man e-Gaming Development and Director of e-Business Peter Greenhill’s next job will be has been solved with the news that he is to remain on the island, joining the international trust and corporate services provider, Equiom, as head of e-Business with effect from October 2015. His responsibilities at …

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Spilnu.dk profits up 79 percent

30 Jul 2015

The Danish online casino operator Spilnu.dk has announced an operating profit of GBP 5.6 million after publishing its financial results for 2014. The 79 percent rise in profit is attributed to the introduction of a new fully-responsive website towards the end of the year, which has improved the user experience and boosted game sessions by …

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Human error presented a faux $1.7 million progressive jackpot

30 Jul 2015

Imagine this scenario: You’re an online progressive slot fan playing on the RealTime Gaming-powered Spirit of the Incas game when all hell breaks loose and you are informed you’ve just hit a $1,684,999.60 jackpot. But the elation and shock quickly turn to dismay and anxiety when your account is locked by the operator, Jackpot Capital. …

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Amaya announces re-financing arrangements

30 Jul 2015

The Montreal-based online gambling group Amaya Inc., has announced a planned debt refinancing initiative designed to reduce its debt burden. “Amaya intends to refinance certain of its outstanding long-term indebtedness which it incurred to partially finance the August 1, 2014 acquisition of the PokerStars and Full Tilt businesses,” a company statement advises. “The Corporation expects …

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New online slot from Play’n Go

30 Jul 2015

The Swedish online gambling software developer Play’n Go has revealed details of its latest slot, a five reel, ten pay-line game with a retro dance theme that is due for public release in early August. Titled Spin Party, the game will be simultaneously launched on desktop and mobile channels and boasts features that include go-go …

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Former online gambling operator denied tax relief

30 Jul 2015

The name Gary Kaplan will be familiar to most online gambling veterans as the often controversial force behind BetOnSports – the pioneering sports betting powerhouse that was one of the first victims of US enforcement activity (see previous  reports). Kaplan was apprehended and extradited to the United States on criminal charges in 2008, and was …

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Legality of daily fantasy sports to be studied

30 Jul 2015

The booming and billion dollar development of the daily fantasy sports phenomenon in the United States was bound to attract official attention at some point, and according to ESPN it has done just that. The usually reliable publication reports that Nevada Gaming Control Board chairman AG Burnett has triggered a legal analysis of the vertical, …

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Chinese suspension of online lottery ops hurts 500.com

30 Jul 2015

The Chinese government’s suspension of online lottery activity (see previous  reports) has had a telling effect on the commercial performance of Hong King-based 500.com, which posted its second quarter results Wednesday, noting that net revenues were nil, compared with RMB98.8 million (US$15.9 million) in Q1-2015, and RMB156.1 million in Q2-2014. The online lottery company’s operating …

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Dinosaur Adventure from Genesis Gaming

29 Jul 2015

Genesis Gaming launched its latest online slot title “Dinosaur  Adventure” across Flash, HTML5 and Native iOS/Android formats this week. The game, available exclusively at Unibet Casino for a limited time, is an All Pays, 1024-ways-to-win game featuring free spins with wild multipliers and unlimited re-triggers. Three or more Scatters will trigger the Dinosaur Free Spins …

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Unibet Bingo goes live on Relax Gaming Network

29 Jul 2015

Unibet and Maria Bingo switched from Virtue Fusion to  Relax Gaming’s bingo network this week. The company said its customers would be introduced to a more innovative and modern user interface with improved graphics, an exciting new loyalty system and many other features. Current games on offer include 90-Ball, 75-Ball, 75-Ball Variant and Speed Bingo. …

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Daily fantasy sports player spend well up

29 Jul 2015

Daily fantasy sports players are spending more this year and now deposit on average $465 annually, according to statistics from the Fantasy Sports Trade Association. And yet market leaders DraftKings and FanDuel have yet to show a profit, instead investing heavily in marketing in order to build massive player bases. Analyst Adam Krejcik of Eiler’s …

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Serious decline in June 2015 Nevada casino revenues

29 Jul 2015

The Nevada Gaming Control Board reported Tuesday that June 2015 Nevada gambling revenues dipped 8 percent year-on-year to $831 million. And for the fiscal year through June 30 Nevada casino gambling revenue dropped 1.6 percent to $11.05 billion, with The Strip recording a decline of 4.3 percent to $6.3 billion over the year. Gambling revenue …

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Ladbrokes launches its single digital platform

29 Jul 2015

Ladbrokes Sportsbook and Racebook’s new desktop platform has been released with the intention to provide the fastest and easiest customer experience across all key digital devices. This latest digital move focuses on combining Ladbrokes’ sportsbook roadmap and development into a single work-stream with Mobenga as the front-end technology provider, deployed across web, mobile, tablet and …

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Sportsbetting website owner sentenced to 18 months in jail

29 Jul 2015

Online sportsbook Beteagle owner Joseph Graziano (78) of Springfield, New Jersey, has been sentenced in a Newark federal court to 18 months in prison for illegal sports betting conspiracy, United States Attorney Paul J Fishman announced Tuesday. The sentence follows a guilty plea before Judge Claire C Cecchi, who handed down the sentence. According to …

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Illegal Chinese immigrants row in the philippines

29 Jul 2015

Philippines Bureau of Immigration raids on an online gambling support centre in Pasay City last week resulted in the detention of 191 Chinese subjects suspected of illegal immigration offences, but 22 of them were released under suspicious circumstances before the group reached the immigration offices. The unauthorised release of the 22 suspects has prompted Immigration …

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Evolution appoint new product chief

28 Jul 2015

Live dealer provider Evolution Gaming has named Todd Haushalter as its new Chief Product Officer. Haushalter will join Evolution by September 1 from MGM Resorts International, where he currently holds the Las Vegas-based role of Vice President of Gaming Operations.

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LeoVegas casino reports another major win

28 Jul 2015

The LeoVegas mobile casino reports a second big win in a week (see previous  report), this one by a mobile punter in Linkoping, Sweden who hit the Mega Fortune Dreams progressive for SEK 2,254,169 (Euro 238,667). First report indicate that player Joakim was relaxing with a little slot action late Sunday night before retiring when …

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Novomatic increases holding in Casinos Austria

28 Jul 2015

Novomatic AG is looking to increase its equity in the partially-Austrian state-owned Casinos Austria AG with two binding offers for 16.8 percent of MTBPrivatstiftung-owned Casinos Austria shares and 29.6 percent of shares in MEDIAL Beteilingungs GmbH which is owned by Leipnik-Lundenburger Invest (LLI) Beteiligungs AG.   The acquisition of the LLI shares would equate to an …

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Openbet boosts senior management

28 Jul 2015

Software provider Openbet has made two senior appointments forming part of its growth strategy. Former Betway chief technology officer Todd Martin was appointed chief operating officer and former Nektan product director Dominic Le Garsmeurwas named casino vice president. The appointments are in line with Openbet’s growth strategy as it looks to recruit across the company …

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Ivey counter-sues Borgata Hotel Casino & Spa in edge sorting case

28 Jul 2015

The long running Borgata edge-sorting court action involving Phil Ivey and associate Cheng Yin Sun took an interesting twist this week. Ivey filed a counter-suit against the Borgata Hotel Casino & Spa saying the group had known about defects in its cards and had destroyed the evidence. Ivey’s claim further says Gemaco, the producer of …

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Dutch authority fines Total E Soft and XKL Limited

28 Jul 2015

The Dutch gaming authority Kansspelautoriteit has slapped a Euro 180 000 fine on the directors of (and company) Total E Soft Limited and XKL Limited. The fine is in response to 14 Dutch-language websites, studied between March 2014 and June 2014, which offered online casino gaming, digital slots, poker and sports betting to Dutch residents. …

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Online gambling critic is himself criticised

28 Jul 2015

Before launching into widely distributed op-ed articles, gambling industry execs would do well to thoroughly complete their homework on the subject they have chosen, a fundamental precaution that Tim Shea, president of the Pennsylvania Horsemen’s Benevolent and Protective Association Inc., perhaps neglected to bear in mind earlier this month. In a state where a thorough …

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iSoftbet releases preview of next online slot

28 Jul 2015

Online gambling software provider iSoftBet has released a preview of its next 5 reel slot, the futuristically themed Neon Reels. The new game features brilliant graphics that capture the essence of the theme, whilst the mechanics include a progressive pooled jackpot and ‘reel hold’, which allows the player to hold particular reels in place to …

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Winamax expands sponsorship portfolio with FC Nantes

27 Jul 2015

French online poker operator Winamax has closely followed its sponsorship deal with OGC Nice (see previous  report) with another Ligue 1 club FC Nantes for the 2015-2016 season. As an official partner Winamax’s recognisable red W branding will appear during the first game of the season at the Beaujoire stadium. Other promotional opportunities included in …

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