Swedish company that offers a number of online gambling products has reported solid growth in revenue for the first three months of 2017, climbing 10% to a total of SEK 1.1bn. Gross profit grew at a similar rate, increasing 8% to SEK 806m compared to SEK 746m in 2015. Casino …
Read More »Fabio Celadon takes the position of Senior Vice President of IGT
American gaming supplier International Game Technology (IGT) has appointed long-serving executive Fabio Celadon as head of the company’s gaming portfolio. Celadon most recently served as Managing Director, IGT Greater China and Senior Vice President, IGT International. In this role, he was responsible for managing IGT’s business and operations across lotteries, …
Read More »Tom Horn and Vivo Gaming announced a long-term cooperation
Tom Horn Gaming has confirmed it has extended operations with long-term partner Vivo Gaming. Named after the Steve McQueen movie, Tom Horn Gaming (aka THG) is of the belief that the extended partnership will boost its position in the global market. And as a result of the co-operation, it seems …
Read More »Betradar and Totolotek open virtual bets in Poland
Belonging to Intralot, Totolotek became the first registered bookmaker in Poland, which, together with Betradar, launched a bid for virtual sports in the country. In recent years, legislation in Poland has been considered one of the most stringent in the European Union. However, on April 1, amendments to the gambling …
Read More »Sports betting in Pennsylvania сan be legalized
Today sports betting is prohibited by the Professional and Amateur Sports Protection Act of 1992 (PASPA), federal level legislation which applies to all states, save those who have had licensed casino gambling for more than ten years and who elect to be grandfathered in. Only four states have chosen to …
Read More »Nektan continues to progress contrary to forecasts
The third quarter for International B2B gaming solutions and service provider Nektan’s gaming revenue rise from £2.2m to £3.7m, an increase of 63% from the year prior, and 3% more than in Q2. Even revenue figures proved to be positive, cash wagering increased 77% year-on-year to £99m, however, this was …
Read More »LarryCasino rolls out a new program NetRefer
LarryCasino launches Affiliate Program with NetRefer. The casino features a selection of slots, casino games and live casino play, all based on the adventures of the character Larry Laffer. NetRefer will support LarryCasino on larryaffiliates.com, boosting marketing activities in relation to LarryCasino affiliates, both online and offline. LarryCasino delivers a …
Read More »MultiLotto has expanded into the Irish market
European lottery betting operator Multilotto, which was established in 2012, has been granted a remote gaming licence by the Republic of Ireland National Excise Licence Office. Multilotto offers customers the chance to bet on 11 different lottery jackpots, such as the Powerball and Mega Millions in the US and Europe’s …
Read More »Continent 8 continues to grow
A world-class co-location server park community Continent 8 Technologies has finished the latest stage of its multi-million dollar global network expansion. The managed hosting, cloud and network provider said its services are now spread across Europe, Asia and the Americas, with the new development linking the Asia-Pacific region back to …
Read More »PokerStars rolls out Omaha Spin & Go
Famous popular Spin & Go format has come to Omaha games with the launch of Spin & Go Omaha at PokerStars.com, an Amaya Inc. brand. Pot Limit Omaha games will feature buy-in levels of $1, $3, $7 and $15 and run under the lottery-style Sit-and-Go format. Players will start with …
Read More »Cambodia and Thailand quarreled over the casino
Saitaku Resort and Casino has become the source of a bizarre border standoff between Cambodia and Thailand. The controversy started last month, when Veera Somkwamkid argued that the new Saitaku Resort and Casino was located inside a Thai national park. Whilst all was set to run smoothly, on the night …
Read More »Kaaren Hilsen new CFO in Betsson
The governance of Betsson AB nnounces that Kaaren Hilsen will assume the position as CFO of Betsson AB no later than November 1st 2017. Hilsen currently serves as CFO of Swedish mobile operator Telenor Sweden and will assume her new role before November 1st, replacing Fredrik Rüdén who is leaving …
Read More »Australian government bans sportsbook ads during matches
The federal government of Australia is poised to introduce new laws to ban gambling advertising during live sporting events as early as next week — but the imminent move has prompted angry opposition from sporting bodies, which say the move will dramatically reduce funds for grassroots sport. Under the changes, …
Read More »Jack Lam exit Macau investment firm
Old Macau investor Jack Lam Yin Lok has sold his 65.05% stake in Hong Kong junket investment entity Jimei International Entertainment Group Ltd. Its became a result of that Mr Lam was the subject of an arrest warrant in the Philippines ordered by President Rodrigo Duterte in December 2016 following …
Read More »Betsoft Gaming signed a contract with Rollthebit
3D iGaming content supplier Betsoft Gaming officially revealed that they are to join forces with the Bitcoin specialist Rollthebit. Under the terms of the newly-inked partnership contract, the full content portfolio of Betsoft is to go live with Rollthebit. The partnership terms will allow Rollthebit to deliver Betsoft’s full suite …
Read More »Rank Group has extended the contract with Playtech
Playtech will continue to cooperate with the British casino operator Rank Group. The new project suggests that Playtech will implement the Neon Slots system to manage the company’s 3000 electronic gaming machines and the Neon Tables app for the iPad to serve 650 Grosvenor gaming tables. Rank will transfer his …
Read More »Realistic Games launches new slot Symmetry
Casino content supplier Realistic Games has lined up the perfect-looking slot with its latest release, Symmetry. This five-reel, ten-win line slot features a tessellated tile theme and two bonus rounds in which players can win big prizes. The game offers more than what we could have ever imagined with two …
Read More »KKR made an all-cash $7.3 billion bid for Tatts Group
A group backed by private equity firm Kohlberg Kravis Roberts (KKR) and a consortium has made an all-cash $7.3 billion bid for wagering company Tatts Group in an effort to derail its agreed merger with Tabcorp. Charlie Green, a director at Hunter Green Institutional Broking, which owns Tatts shares, spoke …
Read More »Red Tiger Gaming invited Gavin Hamilton
Online casino games developer Red Tiger Gaming has moved to strengthen its senior management team by confirming the appointment of Gavin Hamilton as its new Managing Director. Hamilton, who will start in May, joins Red Tiger Gaming following a six-year stint at Paddy Power Betfair, where he held senior roles …
Read More »A digest of spring articles by CASEXE
The company CASEXE provides a list of the most recent newsbreaks of the iGaming market. Top – 3 articles by CASEXE to inform you about the following: Investing into turnkey online casino, criteria capital providers should take into account while investing, tendencies of online gambling business development, hidden pitfalls of …
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