Teddy Sagi Offloads 12% of Playtech Shares

by November 30, 2016

Brickington Trading Ltd., the largest shareholder in gambling software provider Playtech, has decided to dispose of a 12% stake in the afore-mentioned company. It was announced today that Brickington has offloaded a total of 38.7 million shares in Playtech at 850 pence per share. ...

Nick Xenophon Team Voices Uncertainty about New Gambling Law’s Effectiveness

by November 30, 2016

The Nick Xenophon Team, a party led by South Australian Senator Nick Xenophon, believes that the newly introduced federal betting regulations could create comfortable conditions for a growth in betting activity in licensed gambling venues.The group submitted its concerns to ...

Chile’s Enjoy Stalls Advent International Joint Casino Venture Talks

by November 30, 2016

Talks between Chilean hotel and casino operator Enjoy and private equity firm Advent International for the development of a joint venture have been put on hold, the gambling operator announced.The two parties agreed on a future collaboration back in August. Following an Extr ...

Singapore Police Bust Illegal Online Gambling Ring

by November 29, 2016

Singapore police have arrested 33 individuals for allegedly being part of an illegal online gambling ring. Of those, 11 appeared before court earlier today and were charged for providing illicit gambling options to Singapore citizens.The arrests occurred during statewide pol ...

Cyprus to Block 2,500 Illegal Gambling Websites

by November 29, 2016

Cyprus’ National Betting Authority (Εθνική Αρχή Στοιχημάτων) is to block around 2,500 gambling websites that have been providing their services to local customers despite being forbidden to do so. Representatives for the regulator took part in a Monday meeting organized by the Me ...

Former PokerStars Director Avoids Prison in US Illegal Online Poker Case

by November 29, 2016

A former PokerStars employee will avoid prison but will have to forfeit $119,000 after pleading guilty last month to taking part in the provision of online gambling operations to US citizens in the years after the Unlawful Internet Gambling Act was enforced.Paul Tate, a UK ci ...

PokerStars Receives Formal Approval to Enter Portugal’s iGaming Market

by November 29, 2016

PokerStars has received a regulatory green light to launch a .pt poker and casino website, Portugal’s gaming regulator – Serviços de Regulação e Inspeção de Jogos (SRIJ) – announced on Monday. Under its license, PokerStars will provide local players with tournament poker options, ...

China Concerned about Detained Citizens in Philippines Illegal Gambling and Immigration Raid

by November 28, 2016

China’s Ministry of Foreign Affairs said in a Monday briefing that it was concerned about the Chinese residents who were detained last week in the Philippines over taking part in the provision of illegal online gambling operations and immigration violations.On Friday, the Ph ...

Playtech Names Armin Sageder BGT Sports CEO

by November 28, 2016

Leading supplier of gambling software and services Playtech today announced that Dr. Armin Sageder is to head newly formed Playtech BGT Sports as its Chief Executive Officer. Dr. Sageder is the founder of Best Gaming Technology GmbH (BGT), the Vienna-based sports betting software ...

Ladbrokes Coral Eyes Australian Expansion with Tabcorp Takeover Bid

by November 27, 2016

Newly merged UK gambling operator Ladbrokes Coral may be looking to further expand its operations and global presence. It was reported earlier today that the British gambling behemoth is interested in acquiring its Australian counterpart Tabcorp. According to media reports, Ladbr ...

Australian Government Introduces Strategies to Fight Problem Gambling

by November 26, 2016

Australia has moved further forward in its crackdown on online gambling, as first reported by local media. The Federal Government and state ministers penned on Friday an agreement for the establishment of a National Consumer Protection Framework to curb social problems arising fr ...

Cherry Launches XCaliber B2B Arm

by November 25, 2016

Swedish gambling operator Cherry AB announced today that its new XCaliber B2B business is set to commence operations soon. The gambling company said that the new division will be focused on providing innovative gaming technology and services to international clients.Launchin ...

Kambi Expands in Mexico with PlayCity Partnership

by November 25, 2016

Sports betting technology and software company Kambi has become the exclusive supplier of this type of products of Mexico’s PlayCity casino brand. Under a deal the provider and PlayCity’s parent Apuestas Internacionales S.A. de C.V. finalized on Thursday, Kambi would supply self ...

Codere Apuestas Nets Real Madrid Sponsorship Agreement

by November 24, 2016

Spanish gambling operator Codere Group and La Liga football club Real Madrid C.F. signed a three-year agreement. Under its terms, the gambling company and its Codere Apuestas brand have become the Official Sports Bookmaker of the football club.The deal was penned during an o ...

Developer Invests $500 Million in Russia’s Tigre de Cristal Phase 2

by November 24, 2016

The amount of $500 million is expected to be spent on Phase 2 of the Tigre de Cristal integrated casino resort in Russia’s Primorye Integrated Entertainment Zone, developer G1 Entertainment LLC revealed.Craig Ballantyne, Executive Director of the company behind the expensive ...