Some interesting insights into Betfair were revealed in a Financial Director.co.uk interview with Betfair’s chief financial officer, Alex Gersh this week. Gersh pointed out that the FTSE 250 company’s share price has risen 300 percent in just two years, saying he has been integrally involved in transforming the business into a “more profitable beast”. “Our …
Online sports betting operator 12Bet has been named Official Betting Partner to Premier League Football Club Swansea City for the 2015-16 season. Under the terms of the deal, 12BET will benefit from a strong advertising presence around Swansea City’s Liberty Stadium. The operator has previously served as shirt sponsor to La Liga’s Sevilla, Wigan Athletic …
Malta-based live dealer provider Medialive has announced a content deal with Italian online casino operator Goldbet.it which will see it supply live dealer roulette, blackjack and baccarat. Medialivecasino’s Angelo De Gobbi said that Goldbet was a significant online and retail betting group in the Italian market. “Therefore we’ll open for them a fully branded live …
BetVIP, a Malta-based Bitcoin-denominated online sportsbook, has closed after barely a year in operation, reports the publication Sportsbook Review. The company’s website displayed the bad news for players this week, advising: “The shareholders of BetVIP have decided to suspend trading of the business as of Friday 12th June. Due to the early nature of Bitcoin …
The New Zealand publication Stuff reports that land casino operator SkyCity is already attracting flak soon after launching a free-to-play online gaming website. The company has been accused by local Problem Gambling Association chief Graeme Ramsey of “grooming” visitors and introducing them to gambling with its free-play selection of slots, poker and blackjack at Skycityonline, …
Online gambling games developer BetSoft Gaming has signed a content provision deal with Italian internet gambling platform provider iGaming Tech that will see the wider distribution of BetSoft games in the Italian market. The complete inventory of BetSoft games is involved in the deal, including its ToGo line of mobile products. BetSoft spokeswoman Annamaria Anastasi …
A hearing on proposals by the US Internal Revenue Service regarding the introduction of player management and tracking systems for mandatory tax reporting, along with new winning reportage thresholds (see previous reports) will hear testimony from the chief executive of the American Gaming Association, Geoff Freeman, Wednesday. The Association represents the interests of American land …
Last year NetEnt AB signed an agreement with William Hill plc to supply casino games to its licensed betting shops in the UK (see previous reports). Following a successful integration process, the first game – a slot titled Starburst – is now available to players in William Hill’s retail network. The integration is a milestone …
The Macau Gaming Inspection and Coordination Bureau (GICB) has posted an alert warning that online gambling websites carrying its certification are operating illegally. The authority clarified, following a rise in public enquiries on issues related “to illegal gambling websites”, that all online interactive websites in Macau are considered to be illegal; and that the Macau …
Bingo-focused UK online operator Game Village has expanded its content portfolio following a deal with Quickfire, powered by Microgaming. Microgaming content offering branded casino games, video slots, poker and table games were integrated late last week, the company said. “Microgaming will bring much-needed variety to the bingo and casino games at Game Village.”
Cherry’s EuroLotto.com has been relaunched in partnership with lottery software provider Kootac. The revamped website offers online players access to prominent global lotteries which comprise Europe’s EuroMillions and EuroJackpot; the U.S.A.’s MegaMillions and Powerball; Italy’s SuperEnalotto; and Germany’s Lotto 6/49. Lottery lovers can buy tickets online, access results and put themselves in line for exclusive …
Bulgarian software developer, Euro Games Technology (EGT) will have its content distributed through three new online partners betn.com, Klaver Casino.com and Play or Bet.com The integration forms part of EGT’s agreement with Glimmer Ltd’s Portomaso Gaming platform (see previous reports).
Live casino solutions provider Evolution Gaming has inked a six-year rights deal with Games Marketing for a selection of its proprietary games and side bets. The deal extends a current agreement for Games Marketing side bets integrated into Evolution’s online Live Blackjack product. The first of the six new games is scheduled for release to …
Scientific Games and Paddy Power have signed an online slots and table games content deal which will see a new range of proprietary slots and table games offered to Paddy Power customers. The content, from Scientific Games’ studios Bally, Barcrest, Shuffle Master, and Williams, will be available for play online and through mobile devices. “Scientific …
Brighton-based racetrack betting provider Star Sports has acquired a portfolio of 18 prime racecourse betting points from BetVictor for an undisclosed consideration as the UK firm strengthens its focus on the online business. With immediate effect Star Sports will add on-site betting points at UK racetracks Sundown Park, Cheltenham, Goodwood Newmarket and Ascot. “It’s a …
The long-awaited liberalisation of the Portuguese online gambling market is now on the near horizon as the country prepares for licensed and regulated activity commencing June 28. Portugal’s Secretary of State for Tourism, Adolfo Mesquita Nunes reiterated this week: “We are preparing everything so that on June 28 the technical control structure is operating. We …
The Royal Vegas Android AIR has launched its first casino game for Android smart watches, putting the Microgaming Thunderstruck slot on the wrists of on-the-go punters as a companion game for Android AIR installations. The smartwatch is a companion device that is paired with a host mobile phone or tablet for internet connectivity, and does …
Police investigators in Rockland, NY arrested eight men Friday on illegal online sports betting and loan sharking charges following a covert ten month investigation across four US states. The names of those arrested were not immediately released, although police spokesmen claimed they were associated with organised crime. The police raiding parties seized illegal gambling records, …
MGT Capital Investments, which acquired up-and-coming daily fantasy sports operator DraftDay just a year ago for stock and $600,000, has sold the enterprise along with its other daily fantasy sports assets for $7 million to a previously unknown company titled Random Outcome USA Inc. It is understood that Sportech Digital, a subsidiary of UK-listed Sportech …
The New Jersey Division for Gaming Enforcement released its May 2015 performance statistics Friday, revealing that online poker revenues fell 2.5 percent compared with the preceding month at $1,93 million, whilst online casino revenues slipped 1.5 percent to $10.54 million. Total New Jersey online revenue was $12.47 million, down by 1.5 percent on the previous …
At least some Bwin.Party Digital Entertainment investors appeared to disagree with chairman Philip Yea’s statement Friday that the company welcomed the placement of 50 million shares in the company by Emerald Bay Limited and Stinson Ridge Limited… Bwin shares took an 11 percent hit as the news broke. Emerald and Stinson were created as part …
Inspired Gaming has extended its business relationship with Eurobet Italia to supply a bigger range of Virtual Sports, the company announced Thursday. From a standing start, Inspired’s Virtuals have supported the development of a Euro 1 billion market in Italy in just one year, the UK company claims, noting that it supplies 95 percent of …
The Swedish online gambling group Betsson AB has confirmed that it has curtailed affiliate marketing and promotions in the Dutch market in the interest of ensuring it will be favourably considered for a licence under the forthcoming regulatory regime in the Netherlands. Our readers will recall that the Dutch government has repeatedly warned that illegal …
The National Football League’s arbitrary cancellation of a fantasy football convention in Las Vegas last week has prompted the land gambling trade body American Gaming Association to publicly criticise the League for its inconsistent policies against partnerships with casinos, which the Association claims is reflective of an “outdated view of gaming.” Firing off the AGA …