Sweden is one of the most reliable and secure gambling markets in Europe. There are only four legal casinos on the territory of the country, which belong to state companies, and also strict laws. The government structure decided to focus on regulating the gambling business in addition to the previous …
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The Baha Mar Casino opened on April 21, 2017. Scientific games has selected popular developer’s video terminals with vertical and inclined surfaces, as well as the Barcrest® platform and a range of high-performance gaming products from Scientific Games, including 88 Fortunes, Zeus, Kronos, Super Quick Hit, Playboy Sunset Sapphires, Iron …
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The EU intends to develop common standards for all EU countries in the way that gambling legislation in many European countries differs substantially from one another at the current time. The European Parliament plans to adopt a bill that will force issuing banks to provide information about the age of …
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Thai authorities provided a financial report, according to which the profit of the lottery for 2016 amounted to USD 378 million, and 2,614 people were detained in connection with violation of the rules. Earlier tickets were double and sold at USD 1.17 for each, but it was decided to abandon …
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The Philippine gambling industry is turning into one of the most lucrative markets in the region, which is pushing casino operators to launder money through this sector. Therefore, the Senate of the Philippines adopted a bill that will attract casino operators in the fight against money laundering. The document called …
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Mainland China’s sales of official lottery products in April rose by 9.6 percent from the prior-year period, according to data from the country’s Ministry of Finance. Total sales in April were RMB38.24 billion (US$5.5 billion), the Ministry of Finance announced this week. Welfare lottery sales increased by 4.3 percent year-on-year, …
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The digital currency was officially introduced to the masses on the Isle of Man. The government of the island saw a potential benefit from bitcoin. With the help of Nick Williamson, the general director of the company Credits, the authorities registered the technology of blocking. They also prepared a legal framework …
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The Pennsylvania Gaming Control Board has levied fines against two companies for infringements. The Lady Luck Casino Nemacolin in Fayette County was fined $10,000 after a violation involving the play of their table games. It is the second time in two months that they have been fined by the PGCB …
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Florida Supreme Court has unanimously ruled against a North Florida racetrack seeking to add slot machines. The 20-page decision, released Thursday, means that gambling facilities in Gadsden County’s Gretna and in seven other counties that passed local referendums allowing slots also will not be able to offer them. “…There is …
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The Breakout Gaming Group, based in San Jose, Costa Rica, has announced its entry into the lucrative but cut throat Internet poker market. BreakoutGaming.com already offers a full sportsbook, as well as both RNG and Live Dealer casino games, virtual and fantasy sports, skill games and financial betting. To celebrate …
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The company reported sales figures of €15.23m (£13m) for the first four months of the year revealed record year-on-year sales growth of 104% for the first quarter of 2017. Operating profit increased to EUR 6.64 million corresponding to an operating margin of 44 percent (43). Adjusted operating profit excluding non-recurring …
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Owned by the Finnish government, Veikkaus is the Finnish National Betting Agency and has an exclusive legal betting license on lotteries and sports betting in Finland. Via a public RFP process, Inspired has been selected to supply Virtual Sports products to Veikkaus Sports Betting locations and on the Veikkaus Sports …
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Eliran Saada of Express Target Marketing, which has operated the SecuredOptions and InsideOption binary options brands was arrested and is now in front of a magistrate for fraud and making threats, something quite common among binary options brand owners. Following a complaint filed through a lawyer by a victim overseas, …
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Finnish software development company Finnplay agrees distribution deal with casual games studio Spigo. Finnish provider specializes in affordable and customized gaming solutions will now have access to the entire Spigo Catalogue of games. Content on offer includes HMTL5 slots such as new title ‘Starlight and Fruits’ and casual casino games …
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Live casino pioneer Codeta has become one of the first to launch the latest game innovation from Evolution Gaming, Dream Catcher. Dream Catcher is the name of the latest release from the live casino game specialist, and provided your dreams involve recording big money wins while interacting with live dealers …
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A licensed online gambling company with a specific focus on eSports, Vgambling is pleased to announce its recent name change to Esports Entertainment Group. The company said the name change is due to the launch of its new esports online wagering, to provide better name recognition in the industry, and …
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The decline in the profitability of gambling in South Korea was affected by the political crisis. In particular, the impeachment of President Pak Kun Hee sent the casino operator to the “2014 level”. Such indicators confirm that geopolitical events in the region affect even a casino aimed at local residents. …
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Nordic Nasdaq-listed European online gambling group Mr Green & Co has confirmed the appointment of Antoine Bonello as its new Chief Operations Officer (COO) for lead brand Mr Green. Mr Bonello has previously served as Director of Integration for PaddyPower Betfair during its recent merger and has also served as …
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New Zealand Racing Board (NZRB) announced the signing of an agreement with the developer of iGaming solutions OpenBet. Under the terms of the contract, OpenBet will provide its NZRB software for setting up terminals that allow betting on sports (FOBT). The work of the platform will be answered by experts …
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PokerStars operator Amaya has appointed Brian Kyle as its new chief financial officer, effective June 19th. Mr. Kyle brings with him an extensive background in capital markets, financial and strategic planning, tax, investor relations and risk management. He has worked as Pivot CFO since August 2016, and previously served as …
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