Business News

KamaGames celebrates success with Slots launch

Social casino developer KamaGames is expanding the benefits of its Slots launch as its first-half results indicated exponential growth in revenue and customer base. Europe’s largest social mobile poker platform went live with its first Slots in February, as well as adding new 3D games where players bet against the …

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The gaming industry in Pennsylvania continues to grow

The Pennsylvania Gaming Control Board (PGCB) released the results for the fiscal year following which the state of Pennsylvania demonstrated the best result in terms of gross revenue from slot machines and desktop gambling. Gross revenue throughout the state grew by 1.4% compared to the previous year and amounted to …

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The Japanese accused Caesars of taking political bribes

Japanese weekly news magazine Shukan Bunshun attacked the casino Caesars Entertainment with accusations of bribing Japanese politicians through participation in social and political events. You can get to such a meeting only by buying tickets, which, according to Shukan Bunshun, is a kind of bribe. The fact that the Caesars …

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William Hill extends in horseracing

The world famous bookmaker William Hill has signed an exclusive deal with Jockey Club Racing (JCR), Go Racing Yorkshire and various independents to expand its on-course betting portfolio. William Hill had been operating on-course betting at seven racecourses in the UK and added a further 34 venues through the new …

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Mybet moves to a new owner

Berlin-based online betting operator for sports and casinos Mybet has signed a legal “non-binding sheet” with an unnamed investor, which is a harbinger of the signing of a contract of sale. The new owner is expected to acquire 100% of the B2C business of Mybet – Personal Exchange International and …

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Betsoft Gaming expands in Latvia

The British developer and supplier of game software Betsoft Gaming announced the conclusion of a partnership agreement with the Latvian operator 11.lv. Under the terms of deal, 11.lv will add to its library all the games of Betsoft company with a Latvian license, including the main content from the Slots3TM …

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New Jersey betting operators generates $3,5 Million in first month of operation

A month after the legalization of bookmakers in New Jersey, operators received $ 3.5 million in profits. Monmouth Park led the way with $2.3 million in gross revenue, generating $142,448 per day. Meanwhile, New Jersey’s legal online gambling industry generated $22.7 million in gross revenue in June, the 44th consecutive …

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Slotegrator brings a new partner – Betgames.tv provider

Slotegrator team is open for cooperation and is always glad to work with professionals in the online gambling industry. Recently, the list of the company partners expanded with another popular provider of live games – Betgames.tv. This Lithuania-based provider has been creating innovative solutions for live-casinos since 2012. Its array …

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Playtech extends Portuguese expansion

The world’s largest supplier of online gaming and sports betting software Playtech  has launched Placard.pt, a venture by Portugal’s largest online gaming and betting operator, Sociedade de Apostas Sociais (“SAS”). The agreement follows Playtech striking a landmark deal for SAS to use its IMS player management platform and new Playtech …

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Cherry backed Poland’s regulated market

Swedish gaming company Cheery gained Polish sports betting licences and plans to launch a completely new brand dedicated to the Polish market. They becomes the ninth licensed operator in the Polish market, and the second company to receive a licence under the new gambling regulations which came into force last …

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Kambi will provide the services to Latvijas Loto

Leading provider of premium sports betting and technology services, Kambi, announced the signing of a partnership agreement with the national lottery in Latvia. Under the terms of the contract, SJSC Latvijas Loto Sportsbook, the state lottery operator, now integrates the Kambi bookmaker platform. This deal marks the first agreement between …

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UFC and Parimatch signed a multiyear deal

Betting company Parimatch and Mixed martial arts organisation the Ultimate Fighting Championship (UFC)  in Las Vegas announced the conclusion of a new long-term partnership. As part of the new contract, Parimatch will become the official betting partner of the UFC throughout the EBAA region, with the exception of Great Britain …

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GREENBET launches its own website

The bookmaker network GREENBET announced the launch of its own website for receiving interactive bets greenbet.ru and the program GREENBET Affiliates for all partners. These projects are aimed at increasing the profits of each partner and expanding the entire network as a whole through virtual space. With the help of …

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Playtech and Ladbrokes Coral enhanced Live Casinо

London-listed gaming technology supplier Playtech and Ladbrokes Coral have continued their strategy of enhancing Live Casino by adding a first-of-its-kind bet slip solution. The new offering features roulette operated by sports-trained dealers who will provide match commentary throughout the remaining games of the FIFA World Cup 2018, with a dedicated …

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FinnPlay through partnership with Red Sevens goes to Romania

Leading Finnish gambling operator Finnplay, which based in Helsinki, announced a deal with Red Sevens, having previously obtained a license for its Billfold platform from the Romanian authorities. The Romanian gambling sector is estimated at more than one billion euros and, despite the fact that many licenses have already been …

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Gambling accounts for about 11% of Malta’s economy

Malta’s Gaming Authority Malta Gaming Authority (MGA) released financial data for 2017. The gambling sector brought directly to Malta €1.1 billion. The island has a population of just 436,000, of whom 9,800 are employed in the gambling industry, which accounts for 11% of Malta’s economy. Malta collected €66.3m ($77.1m) in …

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SkillOnNet joined forces with FortunaGaming

Malta-based iGaming software provider SkillOnNet has agreed a partnership deal with FortunaGaming to launch a new white-label online casino. Under the terms of deal the new casino, titled Cozino, will function on the SkillOnNet platform. Cozino features more than 1200 titles from various video slots suppliers such as Microgaming, NetEnt …

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Spain slashed tax rates for online gambling operators

Spain’s Congress of Deputies, which is the lower house of the national government, has slashed tax rates for online gambling operators in the country. A string of tax cuts for online gambling operators were confirmed – headlined by a five-per-cent cut in gross gaming revenue from 25% to 20%. This …

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