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Industry News - Online Magazines
| Betfair signs up Big Al’s Creative Emporium Thu, 16th June Creative agency cuts ties with Paddy Power as a result of the agreement.Source: egrmagazine | Global egaming growth hit by Black Friday, says H2 Thu, 16th June Manchester-based consultancy revises gross win forecast due to impact of state of world economy, poker indictments and Japanese earthquake.Source: egrmagazine | Ladbrokes signs new Microgaming deal Wed, 15th June Renegotiated supplier agreement covers casino and games software, but no change on poker.Source: egrmagazine |
| Betfair reveals two senior hires Tue, 14th June Ian Chuter joins as group operations director, with Michael Bischoff appointed director of information services.Source: egrmagazine | Oddschecker: Betfair making up ground Fri, 10th June Betting exchange closes the gap on Bet365 to just 3%, while Paddy Power and William Hill reap the rewards of Champions League final bets.Source: egrmagazine | Betfair files complaint with EC over Greek draft law Fri, 10th June Operator argues ban on betting exchanges in Greek proposal is incompatible with EU law.Source: egrmagazine |
| Cantor and Victor Chandler in fixed odds deal Fri, 10th June Gibraltar-based bookmaker joins 32Red on Cantor’s financial betting platform.Source: egrmagazine | IG writes off Extrabet business Thu, 9th June Spreadbetting specialist reports strong FY revenue growth but announces Extrabet sports betting business to be disssolved after failing to find a buyer.Source: egrmagazine | Black Friday indictee Rubin refused bail Thu, 9th June Accused payment processing intermediary Ira Rubin was yesterday ordered to be detained after Manhattan court deemed him a flight risk.Source: egrmagazine |
| Decision on German monopoly delayed until October Thu, 9th June Germany’s federal prime ministers hope to bring Schleswig-Holstein within EC-approved regulatory framework by October, despite doubts over compliance of current proposals with EU law.Source: egrmagazine | Australian police resist Xenophon pressure Tue, 31st May Australian Senator has asked federal police to include casino sites in review of whether sites such as Full Tilt and PokerStars are in breach of country's Interactive Gambling Act.Source: egrmagazine | EXCLUSIVE: First Full Tilt account unfrozen Fri, 27th May More than one third of the US$100-150m owed has been freed up, but Full Tilt is not yet in a position to begin repaying US players.Source: egrmagazine |
| Betfair lands Yahoo veteran to lead mobile Thu, 26th May Exchange wastes no time in replacing outgoing head of mobile Charlie Palmer with Raj Vemulapalli, a Silicon Valley veteran credited with leading its Messenger instant chat product.Source: egrmagazine | DoJ clampdown claims first victim Thu, 26th May BetED closes its doors following Monday's indictments, which saw 11 bank accounts and 10 domains seized.Source: egrmagazine | Sportingbet agrees Centrebet buyout terms Thu, 26th May Sportingbet will look to raise £130m for the acquisition through the issue of new shares and a convertible bond.Source: egrmagazine |
| Madrid issues first online gaming licence Wed, 25th May Casino Gran Madrid will be able to offer poker, blackjack, roulette and slots after receiving a licence from the autonomous region.Source: egrmagazine | AAMS and ARJEL to sign agreement in June Wed, 18th May France and Italy's online gambling regulators could sign official Memorandum of Understanding as early as June to formalise information sharing, eGaming Review has learned.Source: egrmagazine | Cereus still accepting US players, says tracking site Wed, 18th May According to Pokerscout, the network has continued to accept US players for real-money play since its agreement with the DoJ.Source: egrmagazine |
| Bet365 applies for Australian licence Tue, 17th May Denise Coates confirms bet365 in process of applying for a licence in Northern Territory - its first sports betting licence outside the UK.Source: egrmagazine | Paddy Power starts 2011 strongly Tue, 17th May Gross win increases by 21% year-on-year, with amounts staked via mobile up 298%.Source: egrmagazine | Hills JV lifts Playtech figures Thu, 28th April Playtech's gross income for the first quarter of 2011 was up 7% year-on-year, the company announced in its Q1 KPIs this morning.Source: egrmagazine |
| Gambling.com sold for $2.5m Thu, 28th April Media Corp chief executive "very pleased" after domain sold to unnamed bidder.Source: egrmagazine | CyberArts Alderney appoints Phillips as MD Wed, 27th April Former Chartwell Games CEO Dan Phillips joins CyberArts Alderney as its new managing director.Source: egrmagazine | PokerStars releases US player funds Wed, 27th April American players can withdraw full balances from the site, with discussions ongoing regarding redemption of loyalty points.Source: egrmagazine |
| Pay no-show halts Tilt filming Thu, 21st April Cardiff production company cancels filming of Full Tilt-sponsored The Poker Lounge after not receiving payment from Pocket Kings.Source: egrmagazine | Nevada poker bill still alive Wed, 13th April Bill sponsor William Horne brokers intrastate compromise and stresses that initiative has full backing of Governor Sandoval.Source: egrmagazine | eGaming Review announced as Malta iGaming media partner Wed, 13th April eGaming Review will be official media partner for the Malta iGaming Seminar (MiGS) 2011, to be held on 9 and 10 June.Source: egrmagazine |
| Spanish Congress approves legislation Wed, 13th April Proposals will now go before the country's Senate, and then the European Commission, before potentially being passed into law this year.Source: egrmagazine | Gaming Edge and H2 join forces Tue, 12th April Leading consultants and data and intelligence providers sign strategic partnership to offer industry combined services.Source: egrmagazine | Online sports betting in France drops 26.5% Tue, 12th April The amount bet online on sports in France has dropped by 26.5% quarter-on-quarter, according to reports in Le Figaro.Source: egrmagazine |
| Greece delays egaming bill amid ruling party concerns Mon, 11th April Greek government withdraws draft law for review, after plans criticised by ruling PASOK socialist party.Source: egrmagazine | DC passes intrastate poker proposals Mon, 11th April District of Columbia beats NJ, Iowa, California and Nevada in passing first intrastate poker proposals under UIGEA carve out.Source: egrmagazine | Gigi Levy to leave 888 Mon, 11th April After five years in charge 888 Holdings chief executive Gigi Levy announces he is to leave his role but remain on the company's board - Wink sale not affected spokesman tells eGaming Review.Source: egrmagazine |
| Oddschecker: Bet365 sets more records Fri, 8th April Bet365 recorded more than 19% of market clicks for the first time, extending its lead at the top of the Oddschecker top 10 in the process.Source: egrmagazine | EveryMatrix acquires bingo and poker provider Miles Ahead Wed, 23rd March White label business EveryMatrix will roll out poker and bingo to client base after purchase of Norwegian developer Miles Ahead.Source: egrmagazine | Bwin publishes final pre-merger results Wed, 23rd March Bwin has published its final set of annual results before the 31 March merger with PartyGaming, with sports betting turnover reaching record levels.Source: egrmagazine |
| Unibet further delays French re-entry Wed, 23rd March CEO Henrik Tjarnstrom blames tax rate reform delay for setback, while operator association proposes changes “to give the legal market a chance."Source: egrmagazine | LCG looks to raise £8m to secure future Tue, 22nd March The London Capital Group is looking to raise £8m through the issue of new shares, in order to continue trading at current levels without disruption.Source: egrmagazine | Greece drops egaming black period Mon, 21st March The Greek government has dropped the proposed black period from its draft egaming legislation, following last week's u-turn on tax proposals.Source: egrmagazine |
| EGR Live conference agenda announced Thu, 17th March The full conference programme for EGR Live 2011 is now in place featuring more than 50 free seminars.Source: egrmagazine | Oddschecker: Bet365 extends market share lead Thu, 17th March Bet365 has again increased its market share, building on the 18.7% share it achieved in January.Source: egrmagazine | Bet Tracker and OpenBet announce partnership Mon, 14th March Bet Tracker has announced a partnership with OpenBet which will see its mobile application connected to OpenBet's sportsbook platform.Source: egrmagazine |
| Two more bills for Nevada Fri, 11th March Two egaming bills have been presented to Nevada's legislators today, following the introduction of a poker-only Assembly bill yesterday.Source: egrmagazine | Betfair "concerned" about Ongame future Tue, 8th March Chief executive David Yu admits the exchange is unsure what will happen to the network once the Bwin.Party merger is finalised.Source: egrmagazine | Record net gaming wins for 32Red Tue, 8th March 2010 results show record net gaming wins and doubling of profits before tax among highlights.Source: egrmagazine |
| Betfair joins UK offshore exodus Tue, 8th March The betting exchange will operate under a Gibraltar gaming licence, allowing it to save £20m a year from 2012, CEO David Yu announced this morning.Source: egrmagazine | Paddy Power COO pledges European growth Mon, 7th March Breon Corcoran has pledged to “grow the group across Europe in the next few years”, after Paddy Power posts record annual results.Source: egrmagazine | Lesniak pledges to bring bill back to Governor’s desk Thu, 3rd March Bill sponsor shrugs off setback and says he looks forward to working with Governor Christie to get internet wagering up and running as soon as possible.Source: egrmagazine |
| Christie vetoes New Jersey egaming bill Thu, 3rd March Governor vetoes S490 bill scuppering New Jersey's chance of becoming first US state to regulate online gambling.Source: egrmagazine | Exclusive: Caesars will "be supportive" of Christie decision Thu, 3rd March Caesars' Interactive chief gives assurances ahead of New Jersey Governor’s decision on egaming bill today.Source: egrmagazine | Party profitable in France by end of 2011 Thu, 3rd March PartyGaming will be profitable in France by the final quarter of this year, with CEO Jim Ryan arguing this proves the value of the network model in regulated markets.Source: egrmagazine |
| Failure to manage JV biggest risk of year, says William Hill Fri, 25th February Failure to effectively manage Playtech JV identified as one of biggest risks William Hill faces in 2011, it reveals during its annual results this morning.Source: egrmagazine | Sportingbet lines up Greek/Spanish licences Thu, 24th February Applications for licences in two soon-to-be-regulated markets signals willingness to move towards a dot.country model.Source: egrmagazine | GVC restructures Betboo deal Wed, 23rd February The South American brand had been outperforming expectations, with average daily NGR in Q1 up 97% on the same period last year.Source: egrmagazine |
| William Hill takes injunction against Playtech Tue, 22nd February William Hill granted court injunction against Playtech, its own joint venture partner, as a defensive measure to protect its rights following discussions with rival Ladbrokes.Source: egrmagazine | Christie decision delayed until 3 March Tue, 22nd February The New Jersey governor will reveal his decision on Raymond Lesniak's egaming bill when the state's legislature reconvenes on March 3.Source: egrmagazine | Entries for EGR B2B Awards now open Tue, 22nd February Any companies wishing to enter, should download and submit the official entry forms by the deadline of Friday 11 March.Source: egrmagazine |
| Paddy Power shareholders back buyout Tue, 22nd February Shareholders voted overwhelmingly in favour of the Sportsbet purchase at the Irish firm's Extraordinary General Meeting today.Source: egrmagazine | US intrastate pioneer dies Tue, 22nd February Jim Tabilio, political strategist behind the US state-by-state regulation drive, has unexpectedly died.Source: egrmagazine | Ladbrokes CEO seeks supplier renegotiations Thu, 17th February Richard Glynn says bookmaker is “not currently receiving the best industry terms”.Source: egrmagazine |
| Ladbrokes looks towards online and mobile Thu, 17th February With egaming profits growing in 2010, chief executive Richard Glynn has earmarked online, mobile and international expansion as key areas of future development.Source: egrmagazine | Unibet records 15% quarter-on-quarter growth Wed, 16th February Unibet has recorded 15% growth over the previous quarter, the Swedish operator announced this morning.Source: egrmagazine | Oddschecker: Bet365 achieves record market share Tue, 15th February Stoke-based operator opens up 3.1% gap over Betfair in January's Oddschecker top 10 list.Source: egrmagazine |
| WSOP.fr awarded licence by ARJEL Tue, 15th February The site - created via the partnership between Caesars and Barriere - will be able to offer real-money poker and WSOP-branded tournaments.Source: egrmagazine | LCG could be forced into £7.7m payout Mon, 14th February Spread betting business could be forced to pay up to £7.7m in compensation over a spot FX fund from 2009.Source: egrmagazine | 32Red-William Hill costs decision due in two weeks Fri, 11th February William Hill Online will discover how much it will have to pay in costs to 32Red in two weeks as the case between the two operators continues.Source: egrmagazine |
| French government responds to EC tax doubts Fri, 11th February Government does not believe the existing tax regime offers an economic advantage to the country's race courses.Source: egrmagazine | Betsson records largest ever quarterly revenue Fri, 11th February Customer deposits cross the SEK1bn threshold, while gross sportsbook turnover more than doubles.Source: egrmagazine | 32Red wins High Court injunction Thu, 10th February High Court in London prevents William Hill Online from using 32Vegas trademark anywhere in the EU - judge orders WHO to publish judgement on several of its largest websites including Affiliates United.Source: egrmagazine |
| RGA challenges Greek turnover tax Wed, 2nd February Industry trade association submits comments to Greek government on proposed 6% turnover tax and other aspects of draft law.Source: egrmagazine | GVC reports 5% gaming revenue rise Tue, 1st February Malta-licensed operator sees preliminary net gaming revenues rise as Betaland and Betboo brands grow.Source: egrmagazine |