Gambling news - page 730

Online gambling marketing firm issues trading update

20 Jul 2015

Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, has published a trading update for the half year to end June 2015, noting that it is on track to deliver full year numbers in line with expectations. Highlights of the update include H1-2015 revenues up 83 percent to $36.4 million, …

Read now

Gala Coral – Ladbrokes deal latest

20 Jul 2015

Merger negotiations which began in June this year between Gala Coral and Ladbrokes are about to bear fruit, according to the London publication CityAM, which reported Monday that an announcement on the deal is expected this week. The merger of the second and third largest gambling groups in the UK would create a powerhouse worth …

Read now

Delaware online gambling lower in June

19 Jul 2015

The latest online gambling numbers from the Delaware Lottery show that in June online poker delivered a small y-o-y gain, but internet casino gambling declined. The state’s three online poker providers took in $30,675, a 21.8 percent decline on the preceding month’s $39,245, but an almost 20 percent increase when compared with June 2014, when …

Read now

Controversial Paddy Power advert scrapped

19 Jul 2015

Paddy Power has averted another advertising uproar on its provocative advertising strategy by scrapping a new billboard scheduled to promote betting on the Ashes – a traditional cricketing clash between England and Australia. It appears that a lone Twitter post from one Andrew Bloch triggered the coverage, which UK media has picked up on through …

Read now

Casino Saga to rebrand

18 Jul 2015

The owners of Casino Saga, an online company developed by the same innovative team that created Casumo, is to rebrand next month to Casino Heroes following a “request” from the King group, which operates the massive Candy Crush Saga franchise. The title Casino Saga was appropriate to the theme of the online casino, which features …

Read now

Short life for Nexx Edge

18 Jul 2015

The perils of launching online casinos have perhaps been illustrated again with the demise of Nexx Edge casino after only a few months of operations. Earlier this month players logging in to the casino were abruptly advised in a website notice that it has closed down, and that all player accounts and funds had been …

Read now

888 outlines plans for bwin.party acquisition

18 Jul 2015

Bigger is better was the message 888 Holdings execs gave to media and analysts following the announcement that the company’s GBP 898 million offer to buy a controlling interest in Bwin.Party Digital Entertainment had been  accepted (see previous  report). CEO Brian Mattingley told Reuters that size and resources enabled companies to better exploit opportunities and …

Read now

Spanish online punter numbers increasing

18 Jul 2015

The Spanish regulator DGOA has released statistics for 2014, showing that the number of Spanish punters playing on Spain-licensed sites has increased by 1.7 million; from 2.2 million to 3.9 million at the end of 2014. 51.7 percent of active players were new sign-ups, with 87 percent of them males, predominantly in the 18 to …

Read now

A good year for Betfair boss

18 Jul 2015

After a successful year in which he achieved all but one of the targets he had been set by the board of directors, Betfair CEO Breon Corcoran pocketed a GBP 10 million bonus, previously agreed when he joined the company (then in disarray) back in 2012. The bonus is over and above his remuneration package, …

Read now

BetBright to offer Betradar virtual sports

17 Jul 2015

Irish online bookmaker BetBright is adding Betradar’s whole suite of virtual sports to its portfolio, starting with Virtual Football for mobile and desktop. Noel Hayes, director of sportsbook at BetBright, said: “Virtual sports betting has become an important element in bookmaking offers.This release will benefit our customers who can take advantage of an always on, …

Read now

Marathonbet to sponsor Liverpool FC

17 Jul 2015

The famous English football club Liverpool FC has signed a three year sponsorship deal with online betting company Marathonbet, which now becomes the club’s official regional betting partner. Marathon will gain access to club players, along with brand promotion in the club’s historic Anfield stadium, and through social gaming and digital channels. Marathonbet head of …

Read now

SkillOnNet signs with Evolution for live dealer action

17 Jul 2015

Online casino software provider SkillOnNet has rolled out live dealer casino games from Evolution Gaming. The full suite of live casino games, including live roulette, blackjack, baccarat and Casino Hold’em will be featured on major online casino brands such as Mega Casino, PlayMillion Casino, EUcasino and SlotsMagic, providing players with access to a large number …

Read now

Iforium and Tom Horn Enterprise in content deal

17 Jul 2015

Online gambling software developer and content provider Iforium has inked a deal with games developer Tom Horn Enterprise through which Tom Horn games will be added to Iforium’s Gameflex online casino platform. Phil Parry, CEO of Iforium, commented: “[Tom Horn Enterprise] offers a proven suite of high-quality games across the web, mobile and land-based verticals …

Read now

Betway renews support for Talksport

17 Jul 2015

Online bookmaker Betway has renewed its sponsorship of the Weekend Sports Breakfast radio show on talkSPORT. The deal sees Betway remain the official betting partner of the program, which is hosted by Georgie Bingham and Micky Quinn, until July 2016. On air Saturday and Sunday mornings from 7am to 11am, the show will feature Betway’s …

Read now

Sands documents will remain sealed, say U.S. judge

17 Jul 2015

Attempts by The Guardian (a British newspaper); the non-profit watchdog Campaign for Accountability and the hospitality industry union UNITE HERE to gain access to Las Vegas Sands confidential documents have been rebuffed by District Judge Elizabeth Gonzalez. Judge Gonzales says she will not lift the court seal on the Vickers Reports documents, which many believe …

Read now

Betsson posts sparkling second quarter results

17 Jul 2015

Betsson AB has released a record set of second quarter results, highlighting: * Revenue up by 14 percent to SEK 860.6 (752.3) million – the highest quarterly revenue figure yet; * Operating income of SEK 213.8 (190.4) million, an increase of 12 percent; * Operating margin of 24.8 (25.3) percent; * Income before tax of …

Read now

888 Holdings edges out GVC in bwin.party deal

17 Jul 2015

The sale of online gambling group Bwin.Party took a dramatic turn this week when 888 Holdings apparently outbid rival GVC-Amaya in a late approach to acquire Bwin.Party Digital Entertainment. Reuters reported Friday that 888 has clinched the deal, offering 104.09p per share in cash and stock, valuing the deal at about GBP 898 million. The …

Read now

Churchill Downs in online gambling dispute

17 Jul 2015

Churchill Downs, which acquired Seattle-based Big Fish Gaming earlier this year for $835 million to become involved in the social gaming vertical by offering free games online, has filed a motion requesting a federal judge to dismiss a case that claims such games constitute illegal casino gambling. The Courier-Journal reports that Big Fish has worked …

Read now

Ladbrokes discontinues controversial in-play betting system

17 Jul 2015

The row over Ladbrokes, William Hill and Bet365 using a loophole in Australian betting laws to offer in-play bets over the internet has escalated, with Ladbrokes reportedly withdrawing its QuickCall product. The intentions of William Hill and Bet365 were not known when we went to press Friday morning. The Australian newspaper reported Thursday that the …

Read now

Two new video slots from Tom Horn

16 Jul 2015

Dozens of recreations have been inspired by WW1 fighter ace Red Baron, Manfred von Richthofen and his flying circus, but this time the spectacle is back as a slot game from Tom Horn Enterprises. The 5 reel, 15 pay-line game includes a dynamic display of the famous fighter pilot and his squadron’s colourful aircraft as …

Read now

BetVictor launched in-house developed new cash out facility

16 Jul 2015

Gibraltar-licensed online casino and sportsbook operator BetVictor has launched a new Cash Out facility which has been developed in-house by the company’s technology team. Cash Out will initially be made available to UK customers across all channels for pre-match and in-play betting in five of the company’s most popular football markets – Win-Draw-Win, Correct Score, …

Read now

UK councils lose attempt to slash FOBT maximum bet limits

16 Jul 2015

93 English and Welsh councils, led by Newham Council, have failed in a bid to persuade the British government  to drastically reduce the maximum bet limit on Fixed Odds Betting Terminals in bookie shops from GBP 100 to a mere GBP 2. A BBC report revealed Thursday that government rejected the application on grounds that …

Read now

Plus500 shareholders vote for Playtech offer

16 Jul 2015

Playtech plc has issued a statement regarding the progress of its attempt to acquire CFD financial spreadbetting firm Plus500 (see previous reports), advising that at a general meeting of Plus500 shareholders Thursday there was strong support for its purchase offer of 400p per share. The vote enables the deal to progress, and Playtech says it …

Read now

Good first half for Lotto24

16 Jul 2015

Lotto24, a German online lottery provider, has posted half year results that showcases revenues up by 80 percent year-on-year, and customer numbers almost doubled to 730,000. The company said that a particularly strong second quarter helped boost the first half performance, reporting that second-quarter revenues were up over 125 percent y-o-y at Euro 3.7 million, …

Read now