Online payments processor Optimal Payments has agreed to acquire Sentinel Topco Limited and its subsidiaries which include European focused competitor to its Neteller product, the Skrill Group. The enterprise value of the deal is stated to be approximately Euro 1.1 Billion or $1.2 Billion. Netinvest Limited, a subsidiary of Optimal Payments will acquire the entire …
The Gibraltar Betting and Gaming Association (GBGA) is back in the Royal Courts of Justice in London today where it will once again take on HM Revenue and Customs and HM Treasury regarding the recently implemented British place of consumption tax. The GBGA will once again argue the legality of the tax regime in terms …
Net Entertainment’s Spiñata Grande, which was sneak peaked last month, launched this week . This graphic and feature-rich title is a 5-reel, 40-payline slot offering Colossal symbols, a Mini-Slot feature and Colossal Wilds in Free Spins.
Malta-based developer Playson’s full slots portfolio and around 40 Flash and HTML5 games have gone live on the 1X2gaming platform following a deal signed earlier this year. “Playson have made an impressive impact in the market and we are excited to facilitate the delivery of their games to our clients via our 1X2gaming 3PI,” commented …
UK bookmaker Ladbrokes will launch a novelty betting project based on betting odds surrounding the upcoming birth of British royalty Kate and William’s second child. London-based agency Kaper will develop the campaign which aims to boost Ladbrokes’ profile in national consumer press and drive social media, PR Week reported. “Kaper showed standout creativity in its …
British bookmaker Coral’s social marketing team has claimed to have had the highest share of voice on social media during the Cheltenham Festival according to stats from Crimson Hexagon’s social media data analytics platform. Coral said it had achieved a 28 percent share of voice compared to its next best performing competitor Betfair who took …
International Game Technology (IGT) has launched its popular MegaJackpots Cleopatra and MegaJackpots Siberian Storm to European licensees across both desktop and mobile platforms. “Releasing MegaJackpots Cleopatra and MegaJackpots Siberian Storm is a significant milestone for IGT Interactive and there is even more good news on the way with additional MegaJackpots titles scheduled for later in …
Sporting Index Group reported Monday that an unidentified private investor in online sports betting has reached an agreement to purchase the company from its current owners, HgCapital, subject to regulatory approval. Founded in London in 1992, Sporting Index offers sports spread betting, along with wagering on political and showbiz events. Over the last four years …
Brit online slot fan and WinADay punter MaryJ hit a $101,082 jackpot this week playing the Busted online slot, and is using the money in part to strike an entry off her bucket list….a road trip through the United States. The fortunate punter has been a regular player at WinADay for over three years, and …
The European online sports betting and casino group GVC Holdings has released its preliminary results for the year ended 31 December 2014, highlighting the following developments and financial results: * Wagers up 25 percent to Euro 1,464 million (2013: Euro 1,170 million); * Sports Gross Margin 9.8 percent (2013: 9.6 percent); * Net Gaming Revenue …
Former England and Queens Park Rangers football star Rio Ferdinand (36) discovered this week that using social networking as a marketing tool is not without risk when he used Twitter to publicise an online sports betting and casino website. Ferdinand is the new frontman for an online gambling company, and used the social media network …
RealTime Gaming’s latest online slot, the 5 reel, 25 pay-line Ghost Ship, has launched. Players will immediately see a connection with the popular Pirates of the Caribbean movie franchise in the theme of the new game, which RTG has cleverly leveraged as the frontpiece of a feature-rich offering that has three jackpots, two randomly triggered …
There was plenty of action in Italy’s sports betting market through February, but operator revenues were unimpressive as Lady Luck smiled on the gamblers in many cases. Official numbers released by regulator AAMS tell the story; wagering in February 2015 almost doubled y-o-y to a remarkable Euro 227.1 million as punters took advantage of the …
Industry observers were speculating Friday on the possible licence infractions behind the UK Gambling Commission’s announcement that it had suspended its licensing for Metroplay Limited, trading as 666Bet. In a statement issued Friday, the Commission advised: “The Gambling Commission has commenced a review under section 116 of the Gambling Act 2005 (the Act) and, under …
The news as the week closed that the House Judiciary Subcommittee on Terrorism, Homeland Security and Investigations has moved its hearing on internet gambling forward from March 26 to March 25 could work very well for the industry, according to expert observers. The witness list published by the sub-committee indicates a heavy bias against online …
The much-heralded £225 million IPO of live dealer technology and content provider Evolution Gaming has launched and the shares are attracting strong interest on the Nasdaq First North Premier exchange, the company claimed in a statement Friday. The shares are now trading on the Consumer Services sector of the exchange after the offering was substantially …
Relax Gaming is to carry games from Swedish game developer Quickspin following a deal this week which Quickspin’s CEO lauded as a landmark for his young company. Relax will offer Quickspin’s casino platform through a remote gaming server, strengthening its casino product offering with increased distribution and accelerated platform development, a company spokesman said Friday. …
The Malta-based online casino full service provider Gamescale is to beef up its selection of games for its clients through a content deal with NYX Gaming Group, using the company’s OGS. Offering both desktop and mobile action, Gamescale is a newcomer to the industry, having just launched, and will benefit from games from suppliers such …
The Swedish online gambling software developer Net Entertainment and UK operator Gamesys have entered into a games content partnership that will see NetEnt providing an extensive and ongoing range of slots to Gamesys for use on popular websites such as Jackpotjoy and Virgin Games. “Gamesys has a large presence in regulated markets, which is well …
The Board of UK online and land gambling group Ladbrokes announced Friday that it has appointed Jim Mullen as its next chief executive, taking over on April 1st from Richard Glynn. Mullen is currently the managing director of Ladbrokes Digital having joined the business in November 2013 after three years at William Hill where he …
The Malta Gaming Authority has issued a Class 2 Provisional Gaming Licence to online sportsbook operator Pinnacle Sports, which announced a change of ownership in August 2014 without disclosing the identity of the new owner. (see previous report). In a press release announcing the award, Pinnacle CEO Paris Smith commented that the licence constitutes a …
Sir Ian Prosser, former CEO of Bass plc, has been appointed chairman at problem gambling group Gamcare, replacing Anthony Jennens who died in January this year. A Chartered Accountant with a distinguished business career in the brewing industry, Sir Ian was knighted for his services to business and society in 1995, and continues to serve …
The Birmingham Crown Court heard this week how a bright young professional accounts manager was able to steal a total of £4.5 million from two of his employers to bet almost daily with major UK online gambling groups Ladbrokes and Betfred. Described as a “young professional with the world at his feet”, 34-year-old Terry Childress …
With the March 26 House Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigations hearing on online gambling on the horizon, a letter this week from the Democratic Governors Association, opposing the Restoration of the American Wire Act proposal is particularly well-timed. Signed by DGA chair Governor Steve Bullock (Minnesota) and vice chair Governor Maggie …