Gambling News 06th March, 2014

The news service here at azonlinecasinos.com provides content from respected news sources across the gaming industry. The news is sourced from dedicated reporters responsible for gathering content across related verticals, including current news on gamblibg legislation, land-based gambling, games development, software licensing, casino, bingo and sports/bookmaker news. For specific poker news, check out the Bluffed Poker website.

The news is updated instantly on the website or in the case of third party news items, within minutes of the report being received to our dedicated Newscenter mailbox. There is also an RSS feed containing all new stories.

For more information, please contact the news editor by telephone on (UK) +44 845 833 0462 (9am - 5pm GMT) or by email to editor [a@t] azonlinecasinos .com with any queries. * Please do not use this email address for advertising requests * (see contact page).

MOBILE GOOD FOR BETFAIR

06th March, 2014 at 07:42:48
60 percent of sports book revenue now comes from the mobile channel.

Betfair's interim management statement for fiscal Q3:2014, the three months ended 31 January 2014, underlines the importance of the mobile channel for operators, noting that mobile revenue soared 68 percent and nore contributes 60 percent of sports book revenues.

Full Story: Mobile Good For Betfair »

QUEZON CITY COUNCIL TO TIGHTEN REGULATION OF ONLINE GAMBLING

06th March, 2014 at 07:42:48
Measure under review that will exert more control of online gambling and bingo games, including those held in carnivals and for charitable causes.

The Quezon City Council in the Philippines is currently reviewing a proposal that calls for greater regulation and control of online gambling and bingo games, including those held in carnivals and those for charitable causes.

Full Story: Quezon City Council To Tighten Regulation Of Online Gambling »

A DISAPPOINTING QUARTER FOR THE BORGATA

06th March, 2014 at 07:42:48
Q4 revenues up at $157 million, including $2.2 million from online gambling, but performance could have been better, say execs.

Boyd Gaming, the New Jersey company that owns the Borgata, has posted a disappointing result for the casino resort's fiscal fourth quarter, reporting total revenues of $157 million, including $2.2 million from online gambling - a 6.5 percent increase on Q4:2012, although in the comparative period the casino had to contend with major interruptions from Hurricane Sandy.

Full Story: A Disappointing Quarter For The Borgata »

PADDY POWER MULLS NEW OVERSEAS MARKETS

06th March, 2014 at 07:42:48
Company wants to focus on big, legal and regulated markets.

Speaking to reporters following the publication of the company's latest results (see previous reports), Paddy Power chief exec Patrick Kennedy said he wants to enter new markets overseas and offer more services in countries such as Australia and Italy if some types of online betting are made legal in those markets.

Full Story: Paddy Power Mulls New Overseas Markets »

SLIGHT IMPROVEMENT IN SPANISH ONLINE GAMBLING

06th March, 2014 at 07:42:48
But this market is still sluggish.

The Spanish regulator Direccion General de Ordenacion del Juego's latest numbers indicate a 15.6 percent quarter-on-quarter improvement in revenues in this now notoriously sluggish and heavily taxed online gambling market...but the results still lag behind those achieved a year ago.

Full Story: Slight Improvement In Spanish Online Gambling »

HORSE RACING LEVY GRIEF AHEAD FOR UK GAMBLING OPERATORS

06th March, 2014 at 07:42:48
Heavier financial demands for British licensed operators if this amendment succeeds.

The House of Lords debate this week on the new point-of-consumption British licensing and taxation law (see previous reports) has produced a suggested amendment that, if approved at subsequent readings, could have serious additional financial implications for companies that licence in the UK.

Full Story: Horse Racing Levy Grief Ahead For Uk Gambling Operators »

FORTUNA DOES WELL ON INTERNET BETTING

06th March, 2014 at 07:42:48
Online activity boosts profits at Czech gambling group.

Fortuna Entertainment Group, a Czech-facing online and land betting company has posted results better than analyst expectations of Euro 14.3 million, with net profit up 26.4 percent over the year to Euro 15.6 million, boosted significantly by online gambling operations.

Full Story: Fortuna Does Well On Internet Betting »

U.K. FINANCIAL INSTITUTIONS TO BACK UK GAMBLING RSTRICTIONS (Update)

06th March, 2014 at 07:42:48
The bankers turn out to be more cooperative than ISP firms in Britain.

InfoPowa readers will recall the very firm refusal by British ISP companies to cooperate in any attempt by the government to impose blocks on unlicensed internet gambling sites when its new point-of-consumption laws come into force at the end of the year.

Full Story: U.k. Financial Institutions To Back Uk Gambling Rstrictions (update) »