Tom S. January 16, 2014 17:17:38
Alleged loopholes in regulation gives certain bookies major advantage over competitors. Representatives of bookmakers have argued that the Interactive Gaming Act puts them at a disadvantage while failing to control betting on sports in Australia. Cormac Barry of Sportbet complained that gaps in regulation were causing licensed Australian bookmakers to lose business to overseas operators. […]
Tom S. January 16, 2014 16:46:07
Macau Legend announces plan to create “independent third party” under its own umbrella to get around city’s gaming regulations. The Macau-based casino firm Macau Legend Development recently told the Hong Kong Stock Exchange that it plans to “diversify its business and indirectly participate in the gaming promotion business.” The company currently operates two casinos under […]
Tom S. January 16, 2014 16:37:27
Bookies bleed cash after the stronger clubs won all seven matches over the weekend. Representatives of top UK bookmakers reported that the industry may lose up to $49 million on the latest round of English Premier League football matches, as all seven games were won by the favorites. According to UK gambling laws sportsbetting is […]
Monica E. January 16, 2014 16:27:35
David Pluck is replacing OpenBet software with A Bet A’s management systems. A Bet A Technology will be working with British independent bookmaker David Pluck, as its exclusive supplier of betting systems and betting software. The two gambling companies have recently signed a deal under which A Bet A will provide comprehensive solutions for Pluck’s […]
Monica E. January 16, 2014 16:22:23
Anti-gambling lobbyist insults William Hill CEO, claiming he’s too old to run the company. William Hill’s chief executive officer Ralph Topping decided to make his Twitter account private, after online quarrels over fixed-odds betting terminals (FOBTs) went too far. It all started earlier this year, when Topping got involved in a debate between his company’s […]
Monica E. January 16, 2014 16:16:16
Mobile gambling industry experts are invited to a webinar organized by Probability. A recent study conducted by mobile company Probability shows 87% of British online gamblers would recommend mobile casino games to their friends, family and colleagues. Almost 27% of the gamblers who took the survey said they play or bet on their mobile phones […]
Tom S. January 16, 2014 15:54:27
Shane Doherty has beennamed to lead operations at PaddyPower.com. His new position as the head of the Irish online bookmakers will make him responsible for the growth of the company’s profitability in the e-gaming and sportsbook channels. After joining the team at Paddy Power only eight months ago, Shane Doherty has found himself with quite […]
Tom S. January 16, 2014 15:35:50
Mohegan Sun has joined forces with Suffolk Downs in the battle to secure a license in Massachusetts in order to build a casino in Revere. This is not the first time that Mohegan Sun made the US gambling news headlines.Back in November, the New England casino lost its bid to gain voters’approval to build a […]
Alex Nevsky January 16, 2014 15:25:54
After laws were revised in 2012 to open up monopoly online sportsbetting market, the country now has a duopoly. The Bulgarian State Commission of Gambling recently issued the country’s second online sportsbetting license to the state-owned operator Sport Toto. The regulator announced on its website that Sport Toto will now be free to host betting […]
Tom S. January 16, 2014 14:55:24
Lottery purchases on the rise as growing economy builds consumer culture China’s Ministry of Finance reported that lottery sales topped RMB 309.33 billion in 2013 (just over $50 billion), up 18 percent from the previous year. The majority of revenue was provided by two lottery services, the Welfare Lottery and Sports Lottery. The Welfare lottery […]
