Gambling News 30th November, 2011

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DANSKE SPIL LOOKING FOR A SPORTS BETTING PROVIDER

30th November, 2011 at 14:51:11
With market liberalisation looming, state monopoly looks to the future

Among the more interesting industry documents to surface this week was a tender - contract 354480-2011 dated November 11 - from the Danish state gambling monopoly Danske Spil, which is apparently seeking a software platform provider for sports betting operations once market liberalisation and a new regulatory regime is established early next year.

Full Story: Danske Spil Looking For A Sports Betting Provider »

WILL FACEBOOK ENTER THE ONLINE GAMBLING MARKET?

30th November, 2011 at 14:51:11
Whispers, speculation and nudges follow an exploratory dinner in London

The industry was alive with speculation Wednesday evening following what appears to have been an indiscreet disclosure from a guest at a Facebook-hosted dinner in London the night before.

Full Story: Will Facebook Enter The Online Gambling Market? »

SPORTS ALIVE IS NO LONGER

30th November, 2011 at 14:51:11
Aussie internet bookie under investigation

According to reports in the Sydney Morning Herald Wednesday, the police have been asked to look into the affairs of the now insolvent and defunct Sports Alive online bookkeeping firm, which operated out of Melbourne.

Full Story: Sports Alive Is No Longer »

NEW YORK RACING LIKES INTERNET WAGERING

30th November, 2011 at 14:51:11
Plans to extend ADW for another year

After a year of strong growth in Internet gaming, the New York State Racing and Wagering Board voted on Tuesday to extend online streaming of the state's thoroughbred and harness races for another year, reports the Wall Street Journal.

Full Story: New York Racing Likes Internet Wagering »

CANTOR IN NEW RESORT SPORTS BOOK DEAL

30th November, 2011 at 14:51:11
In-room and resort mobile and wireless gaming

Nevada race and sports book operator Cantor Gaming will operate the race and sportsbook and offer mobile gaming at the Las Vegas-situated Palms Casino Resort (Palms) in a long-term deal that will begin in the first quarter of 2012.

Full Story: Cantor In New Resort Sports Book Deal »

WILL HILL TITLE SPONSOR OF SNOOKER UK CHAMPIONSHIP

30th November, 2011 at 14:51:11
Global televised brand exposure

UK bookmaker William Hill.com has added the title sponsorship of snooker's UK Championship to its sponsorship portfolio.

Full Story: Will Hill Title Sponsor Of Snooker Uk Championship »

CONNECTICUT BANKER RAIDED COMPANY FUNDS FOR INTERNET GAMBLING

30th November, 2011 at 14:51:11
UBS regional director defrauded his employers of more than $673,000 in 84 fraudulent bank wire transfers

Between November 2007 and January 2010, a senior employee of UBS Securities defrauded the company of $673,447.47, which he used to gamble on unidentified internet websites, Forbes reports.

Full Story: Connecticut Banker Raided Company Funds For Internet Gambling »

UK TOTE FACING COMPETITION?

30th November, 2011 at 14:51:11
Commercial negotiations between recently acquired Tote and racecourses faltering

The trials and tribulations continue in UK horseracing with two British racecourses, Chester and Bangor, splitting from the Racecourse Media Group (RMG) umbrella and withdrawing from commercial negotiations with new Tote owner Betfred.

Full Story: Uk Tote Facing Competition? »

DANISH GAMBLING AUTHORITY CHANGES RULES (Update)

30th November, 2011 at 09:07:22
Change in licencee location rules

The Danish Gambling Authority (DGA) has notified the European Commission of a change in rules regarding the location of potential licencees' online gambling systems in the soon-to-be liberalised Danish market.

Full Story: Danish Gambling Authority Changes Rules (update) »

ARISTOCRAT PASSES 100 000 MOBILE APP MILESTONE

30th November, 2011 at 09:07:22
Play-for-Fun Mobile App Games proving popular

The popularity of mobile gaming is reflected in Aristocrat Online's announcement this week that it has surpassed its play-for-fun mobile App games 100 000 th download milestone.

Full Story: Aristocrat Passes 100 000 Mobile App Milestone »

SPORTINGBET: STRONG Q1 FINANCIALS

30th November, 2011 at 04:02:11
Geographic diversity pays off as total revenues in fiscal Q1 rise 17 percent to GBP 59.9 million

The veteran online gambling group Sportingbet plc posted its unaudited results for the first quarter ended 31 October 2011 this week, showcasing a rise in revenues of 17 percent overall, to GBP 59.9 million.

Full Story: Sportingbet: Strong Q1 Financials »

DANISH REGULATORS COOPERATING WITH OTHER JURISDICTIONS

30th November, 2011 at 04:02:11
Alderney and Isle of Man known to have signed collaborative agreements enabling cross-jurisdictional approvals

Passing almost unnoticed over a week ago, and published with scant detail, the Danish Gambling Authority and the Isle of Man Gambling Supervision Commission signed a bilateral cooperative and information sharing agreement. It is understood that a similar collaboration has been agreed with the Alderney Gaming Control Commission, and both will be formally implemented once the Danish Gaming Act comes into force early next year.

Full Story: Danish Regulators Cooperating With Other Jurisdictions »

AMAYA RESULTS PUBLISHED

30th November, 2011 at 04:02:11
Revenue grows 171 percent over Q3 2010, but company records a third quarter and year-to-date loss as it pursues growth goals

Amaya Gaming Group Inc., a Montreal-based online gambling entertainment provider for the regulated gaming industry, has released its financial results for the three and nine month periods ended September 30, 2011, reporting a 171 percent growth in revenues over Q3-2010, largely as a result of its Cdn$ 22.7 million acquisition of software developer Chartwell Technology in July (see previous reports).

Full Story: Amaya Results Published »