Gambling news - page 762

William Hill reports first quarter of decline

23 Apr 2015

Online and land gambling group William Hill plc reported a decline in operating profit Thursday, posting a 19 percent decline due to GBP 20 million in additional taxation and sports results that favoured the punters. The company saw operating profit shrink by GBP 16 million in the 13 weeks to March 31 as it started …

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California online gambling hearing postponed

23 Apr 2015

The much-anticipated California House hearing on internet gambling scheduled for Wednesday has been postponed to a date yet to be advised, according to Poker Players Alliance executive director John Pappas. The hearing “Gambling: Internet poker” was the first of four planned on the topic and would have discussed a total of four online poker legalisation …

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Adelson attempts to block further Nevada online gambling compacts

23 Apr 2015

In a move that is being seen as billionaire land casino tycoon Sheldon Adelson’s bid to hedge his bets, Nevada politicians have pushed through a bill restricting to online poker only any Nevada player-sharing deals with other states. Last Friday AB 414 was passed by the state Assembly on a 23 to 17 vote with …

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Fourth online gambling bill launched in Pennsylvania

23 Apr 2015

The already charged online gambling legalisation environment in Pennsylvania was further stimulated this week when Representative Thomas Murt introduced a fourth bill to the state House; the difference with this one is that it opposes and seeks to halt legislative attempts to legalise the genre. Murt’s HB 1013 proposes a blanket online gambling ban in …

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China lottery sales wane in wake of internet sales suspensions

23 Apr 2015

Chinese lottery officials have released sales statistics for March in the booming market, reporting a 6.3 percent decline – the first in two years – as a consequence of the central government’s recent restriction of online ticket sales (see previous report). Sales of RMB30.81 billion ($4.9 billion) were recorded in March, the first year-on-year drop …

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WinView Inc. closes second financing round

22 Apr 2015

Silicon Valley-based developer WinView, Inc. has closed a second round of financing raising $1.5 million. Funds will be used to complete and launch a real-time synchronised sports app that allows fans to play skill-based, in-game competitions, including separate contests among friends and family, during live TV sporting events for cash rewards and prizes. WinView said …

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Betclic Everest named official partner of Ligue Nationale de Basket

22 Apr 2015

French gaming operator BetClic Everest Group has become the official betting partner of the Ligue Nationale de Basket (LNB), the governing body of men’s professional club basketball in France. Under the terms of the agreement, Betclic will enjoy a strong digital presence on LNB’s website along with exposure across mobile channels, stadium visibility and public …

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Launch of Tipp3 in German market forges ahead

22 Apr 2015

Deutsche Telekom launched its tipp3.de sports betting website in partnership with Österreichische Sportwetten GmbH in to the German market this week despite the stalled licensing process. The company describes the launch of its tipp3 product as a fair, responsible internet-only sports betting offer with a focus on soccer.  Other markets offered include basketball and Formula …

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Gaming Realms report on transformational year

22 Apr 2015

Online gaming provider Gaming Realms plc, reported on its results for the fifteen month period ended December 31, 2014 saying its impressive revenue increase was impacted by increased marketing and operating costs. Key performance indicators for the 2014 Financial year include: Revenue increased 1,174 percent to GBP 11.2 million for the fifteen months trading to …

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Genesis Gaming debuts social gaming portfolio

22 Apr 2015

Genesis Gaming has entered the social gaming realm with the launch of a social gaming catalogue of 20 games available as a single integration. The catalogue offers a range of popular titles in Flash and HTML5 content along with options for native clients on iOS and Android. “We have been providing high performing video slots …

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Gala Coral appoint head of gaming for Eurobet brand

22 Apr 2015

Gala Coral brand Eurobet Italia srl has appointed Alfredo Melloni head of gaming succeeding Marco Trucco who left the company in September 2014. Prior to his appointment, Melloni spent three years as eGaming product manager for Paddy Power.

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Bad sports results hammer Ladbrokes profit

22 Apr 2015

The latest quarterly results report from the land and online gambling group Ladbrokes plc reveals that operating profits plunged 60 percent quarter-on-quarter as a result of unfavourable football and horse-racing results. Profit before tax and excluding one-off costs was GBP 14.3 million in Q1-2015 compared to GBP 35.6 million in the last three months of …

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New online slot from RTG

22 Apr 2015

Online gambling software provider RealTime Gaming has launched its latest online slot, a 5 reel, 25-pay-line game with a Mexican wrestling theme titled Lucha Libre. The theme features wrestling cards, hysterical TV commentators and of course the masked wrestlers themselves, supporting two bonus games and a slew of other features that include the Mask of …

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Sportech improves contractual obligations in Connecticut

22 Apr 2015

Sportech plc has announced that it has “materially improved” the terms of a contract that was inherited on its acquisition of the Scientific Games Racing business in 2010. Under the previous contract, Shoreline Star Greyhound and Entertainment Complex, LLC, a company owned and controlled by the Zeff family interests, were due to receive approximately 50 …

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New Jersey licenses for bwin.party

22 Apr 2015

Online gambling group Bwin.Party Digital Entertainment has announced that the New Jersey Division of Gaming Enforcement regulator has awarded each of its wholly-owned subsidiaries, Bwin.Party Entertainment (NJ) LLC and Bwin.Party (USA) Inc., a Casino Service Industry Enterprise licence under section 92(a) of the New Jersey Control Act. The group operates the New Jersey online gaming …

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Australian Government mulls extending pre-commitment to online gambling

22 Apr 2015

The Australian federal government is considering the extension of pre-commitment requirements to online gambling, making it mandatory for Internet punters to set their own deposit limits, reports the Australian Associated Press news agency.. The measures are contained in a national harm minimisation and consumer protection standard for all licensed online gambling activities. Communications Minister Stephen …

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Yahoo plans to enter daily fantasy sports vertical soon

22 Apr 2015

Internet behemoth Yahoo! will soon enter the daily fantasy sports vertical, the company’s CEO has announced, revealing that development work is already advanced that will give Yahoo a “unique” approach to the sector. “Normally, we do not announce products before launch but this has been such an area of interest for our fantasy players and …

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Social gaming class action shaping up against ‘Machine Zone’

22 Apr 2015

Social video game players who engaged with the freeplay casino component of Machine Zone’s popular mobile-device app “Game of War” lost millions of dollars, and have launched a class action, reports Courthouse News. Although the app is an Android and Apple freeplay product, it has generated in-game revenues of over $600 million dollars for the …

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Israeli prosecutors considering option against credit card issuer

22 Apr 2015

Prosecutors in Israel are mulling the possibility of an indictment on credit card issuer Cal following an investigation that may indicate that the company was used to clear billions of shekels in online gambling and other illicit transactions, reports the publication Haaretz. The State Prosecutor’s Office revealed Tuesday it was considering an indictment against Cal …

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Ladbrokes Ireland enters examinership

22 Apr 2015

The Irish operations of international land and online betting firm Ladbrokes have been placed into examinership by the High Court, giving it protection against creditors. Deloitte’s Ken Fennell has been appointed as examiner The publication Newstalk reports that the company has a chain of 196 shops operating in the Republic of Ireland, and employs 840 …

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Xin Gaming in new distribution deal

22 Apr 2015

The Asian-facing online slot game developer Xin Gaming has signed its third distribution agreement in recent weeks, this one with Game Server Integrations (GSI). Mathias Larsson, chief executive of XIN Gaming, said that although GSI is fairly new to the market it has developed a solution designed to integrate iGaming operators with multiple iGaming RGS …

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Betmotion selects Autogamesys platform

22 Apr 2015

Barcelona-based Autogamesys (AGS) has signed an agreement to deliver its second generation gaming platform to Betmotion.com, a Latin American operator. The AGS platform has been in development for the last two years to allow clients more robust integration, payment and security capabilities. “Betmotion was amongst our first clients and over the years we have expanded …

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Playtech boosts online gambling staff headcount

22 Apr 2015

Online gambling software provider Playtech plc has announced that it is adding a further 300 employees to its 4,000 strong global workforce in the next eight months as it prepares to undertake several large-scale omni-channel projects in the UK and emerging markets. Playtech’s global headcount has grown by more than 600, or more than 20 …

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Play’n Go debut Golden Legend slot game

22 Apr 2015

Software developer Play’n GO has released its latest offer, a graphic-rich 50-line slot game based on the legends and lore of the Far East. Golden Legend players align themselves with an animal such as the benevolent tiger, long-living tortoise, noble bird or the guardian foo dog. A boat-shaped Gold Sycee, reminiscent of the currency once …

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