Morgan Stanley Pessimistic about Japan Casino Bill’s 2016 Passage

by November 15, 2016

Morgan Stanley analysts said in a Monday note that Japan is not likely to pass a bill that would pave the way for the legalization of casino gambling in the country before the end of the current legislative session.According to experts at the financial services firm, there w ...

David Baazov Makes C$3.5-Billion Offer to Buy Amaya

by November 14, 2016

Former Amaya Chairman and CEO David Baazov has made an official bid to acquire the Canadian online gambling company for an offer price of C$24 per common share or the approximate amount of C$3.48 billion.Amaya shares closed at C$18.34 on Friday. In other words, Mr. Baazov’s o ...

Playtech Boosts Financials Division with Consolidated Financial Holdings Acquisition

by November 14, 2016

Gambling software developer Playtech today announced that it has received a regulatory nod to acquire leading technology company Consolidated Financial Holdings A/S (CFH) in a bid to boost its Financials division.Founded in 2008, CFH is a technology company offering a number ...

Crown Sydney Casino Resort May Face Further Delay

by November 13, 2016

Another hurdle has emerged to foil Australian gambling operator Crown Resorts’ plan to build a multibillion-dollar casino resort in Sydney’s Barangaroo precinct, local media reported. The New South Wales Land and Environment Court is set to hear on Tuesday a case file ...

China Releases Detained Crown Resorts Employee

by November 12, 2016

A Crown Resorts employee who has spent this past month in custody in Mainland China was released on bail on Friday, local media reported. It is understood that the person is a Chinese citizen and a junior staff member at the major casino operator.Last month, Chinese police de ...

mybet Reports Further Revenue Dip

by November 11, 2016

German gambling operator mybet Holding SE and its subsidiary mybet Group reported a 15.2% drop in revenue for this year’s first nine months on the back of poorer than expected football results and regulatory challenges. Group revenue amounted to €34.7 million for the reviewed per ...

Playtech Rolls Out New Live Mobile Roulette

by November 11, 2016

Playtech, a leading developer and supplier of products and services for the international gambling industry, announced that it has launched a new live mobile roulette game, following a comprehensive testing and analysis over the course of the past several months. Despite being ro ...

Cherry iGaming Obtains UK Gambling License

by November 11, 2016

PlayCherry Ltd., subsidiary of online gambling business Cherry iGaming, has been given the green light by the UK Gambling Commission to provide iGaming options to local players. Having obtained the gaming operators license, the company will now launch both sports betting and casi ...

StakeLogic Integrates Titles into EveryMatrix CasinoEngine

by November 10, 2016

Developer of HTML5 casino games StakeLogic announced that its titles are set to become available to EveryMatrix clients via the latter’s CasinoEngine content aggregator and white-label solution. Jetbull will be the first iGaming operator to go live with StakeLogic games via the a ...

Australia Launches Crackdown on Illegal Online Gambling

by November 10, 2016

A new online gambling-focused bill was presented to the Australian government on Thursday. The proposed legislation targets mostly offshore iGaming operators that provide illegal gambling services to local customers. The bill comes as the first stage of a three-phase process init ...

Yggdrasil Gaming Hails Strong Third Quarter

by November 10, 2016

Developer and supplier of online gaming solutions Yggdrasil Gaming today announced its financial results for the three months ended September 30. The company experienced another quarter of solid growth in all key performance indicators.Revenue totaled SEK21 million for the p ...

Olympic Entertainment Group Opts for NYX Gaming Casino Content

by November 9, 2016

Canada-listed online casino supplier NYX Gaming Group announced that it has penned a license agreement with international gambling operator Olympic Entertainment Group (OEG). Under the deal’s terms, the latter company will go live with NYX Gaming’s catalog of products to further ...

UK Gambling Commission Yearns for Improved Industry Standards

by November 9, 2016

The UK Gambling Commission has urged gambling operators to step up the process of placing customers at the center of their business decisions. The country’s gambling regulator seems to be planning to introduce more severe penalties for those who fail to comply with its requiremen ...

Cherry Reports Strong Quarterly Results on Online Gaming

by November 9, 2016

Swedish gambling operator Cherry AB today reported results for the three and nine months ended September 30, 2016. Revenue for this year’s third quarter amounted to SEK214 million, up 39% from 2015. The performance of the company’s online division was highlighted in its quarterly ...

William Hill to Sponsor ITV Horse Racing Coverage

by November 8, 2016

Major UK betting and gaming operator William Hill will reportedly replace Dubai as a head sponsor of ITV’s horse racing coverage. The commercial television network has purchased the rights to broadcast key horse racing events from Channel 4.ITV is to replace the current hors ...