Mark Robson will lead the Isle of Man’s e-Gaming development following his appointment by the island’s Department of Economic Development. Prior to this appointment, Robson has served in IT for Microgaming, SHFL Entertainment and Prima Poker. Most recently he ran his own consultancy based on the Isle of Man. “With over a decade of experience …
CG Technology (formerly Cantor Gaming) will provide Meadowlands Racing and Entertainment in New Jersey a free-to-play, real time baseball contest following a deal announced this week. CG Technology’s technology and systems are powering the contest, utilising real time information and results to offer continual action for contestants during the 16 weeks of the regular baseball …
Following the software developer’s annual general meeting late month, Net Entertainment NE AB is formalising the change of company name to NetEnt AB along with the announcement of new ISIN codes. NetEnt’s name change has been registered with the Swedish Companies Registration Office and comes after having operated under both names for some time. The …
After weeks of anxiety and stress an online sports punter owed $51,000 by Costa Rica-based online sportsbook BetMayor may finally be about to be paid….but not for at least another sixty days. Our readers will recall that the punter’s winnings were confiscated by the sportsbook management, allegedly because he was a “professional player”. This week …
The latest publication by Hamburg-based business intelligence company yStats.com, “Global Online Gambling and Betting Market 2015,” reports that online gambling is growing steadily across the globe, with mobile devices increasingly being used to access gambling sites. The findings conclude that the growth of online gambling has led to consolidation among companies offering gambling over the …
Inspired Gaming has announced that its virtual sports products are now live throughout some of the 1,900 retail betting shops belonging to the Surebet247 group in Nigeria. The shops will be fed from a satellite television system through which Surebet247 will offer nine of Inspired’s Virtual Sports and games – horses, dogs, cars, speedway, cycling, …
Political wrangling over tax levels in the soon-to-be legalised Dutch online gambling market (see previous reports) has led to the director of the Kansspelautoriteit or Dutch Games of Chance Authority, Marja Appelman, voicing concerns during a newspaper interview this week regarding the continuing delays in implementation. Appelman urged lawmakers to move quickly on introducing the …
A revised version of the UK Gambling Commission’s Licence Conditions and Codes of Practice (LCCP) came into effect this week, updating a document that was first published in February this year (see previous report) and has subsequently been amended. The DLA Piper blog notes that the amendments relate to social responsibility clauses to do with …
The trade association representing convenience store operators, the National Association of Convenience Stores, re-published an op-ed article by one of its executives this week, in the process exposing some glaring inaccuracies and an apparent lack of knowledge on the subject – intrastate online lottery sales and gambling. Lyle Beckwith, the association’s senior vice president of …
Indiana Gov. Mike Pence appeared to take a rather ambivalent stand on gambling Friday, approving a measure permitting riverboat operators to open land facilities, but vetoing a strongly supported act from the state Legislature that sought to allow electronic wagering on horse races in the state. The riverboat law permits 10 Lake Michigan and Ohio …
The chiefs of the Isle of Man Gambling Supervision Commission and the Dutch Games of Chance Authority (Kansspelautoriteit or “KSA”) have signed a Letter of Intent developing a cooperative agreement between the two regulatory bodies. The agreement covers elements such as cross-border supervision, exchanges of data, consumer protection and measures designed to streamline and reciprocate …
Listed online casino operator Mr Green AB has released an interim report for the first quarter 2015, advising that it has achieved robust growth in an above market level performance. In the first quarter of 2015, game win increased by 26.6 percent to SEK 195.2 million (154.2), compared with the year-earlier period. However, EBITDA for …
Playtech has announced that all outstanding conditions relating to the acquisition of TradeFX have now been satisfied, including the approval of the Cyprus Securities and Exchange Commission, and the transaction has completed. The financial statements of TradeFX will be fully consolidated into Playtech’s group accounts from 8 May 2015, and TradeFX will therefore make close …
The Isle of Man-based online poker giant Pokerstars continued its expansion into other verticals this week with the launch of online casino games on the Pokerstars.it website in the Italian market. Roulette and a range of Blackjack variants are in the vanguard of the new offering, which allows players to move funds freely between casino …
Scientific Games Corporation has posted its financial results for the first quarter ended March 31, 2015, reporting the following highlights at group level: * Revenue up at $658.7 million (Q1-2014: $388.1 million); * Operating income up at $18.1 million – a major turnaround from Q1-2014’s $12.1 million loss; * Net loss of $86.4 million (Q1-2014: …
Pennsylvania Representative John Payne, chairman of the state House Gaming Oversight Committee, has joined a number of other political and industry personalities in casting doubts on the credibility of a recent survey purporting to show that most Pennsylvanians are against online gambling legalisation in the state. The auto-phone poll was conducted by Republican Party-leaning Harper …
This week’s approval of an amended online gambling law by Romania’s parliament includes a provision which is unlikely to appeal to operators who have been previously active in the country prior to a formal framework. Legislators have included clauses which levy a retroactive 20 percent tax on business conducted since 2009….hardly an encouragement for operators …
The animosity between the state governor, the director of the state lottery and legislators over Minnesota online sales activity has resurfaced with a new bill seeking to discontinue the activity which was approved this week in the state Senate on a 56 vs. 8 vote. Our readers will recall that the differences go back over …
With election fever at its height today (Thursday) as British voters headed for the pools in a general election, land and online betting group Paddy Power pulled one of its famous publicity stunts, hiring a large green truck emblazoned with the words “You’re getting sacked in the morning” and parking it in front of the …
Sportech plc may be considering the sale of its ailing Football Pools UK subsidiary, which saw earnings dip 5 percent to GBP 24 million recently. The Times newspaper broke the news, revealing that Sportech wants to focus on its growing US racing business after yet another underperformance from the Liverpool pools subsidiary, where revenues and …
Endorphina, the up-and-coming online gambling games developer from Prague, has announced a new deal with Russian online and land gambling group 1xBet. The agreement calls for Endorphina to supply its 30 Flash technology games to the Russian group, which boasts 400,000 online players on the books.
The Italian gambling market was buzzing Thursday as news of a major Euro 225 million merger between sports betting operator Gruppo SNAI and technology, equipment and content provider Cogemat broke. The assets and subsidiaries, including Cogetech, will be taken over by SNAI after the company reached agreement on a merger arrangement with major shareholders, Global …
Online slot fans with a yen for something different will be catered for at the end of May with the release of Yggdrasil Gaming’s new 5 reel 10 pay-line slot, Cyrus the Virus. That’s right – the theme is based on seven types of colourful but mean looking viruses, and the values of these different …
Live dealer provider Evolution Gaming has published its first interim report since publicly listing, showcasing growth in revenues, operating profit and EBITDA. The company said that its recent deal with Pokerstars enabled it to boost revenues 43 percent y-o-y to Euro 15.4 million in its first quarter 2015. Adjusted EBITDA grew 95 percent to Euro …