Gambling News 06th November, 2014

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BET365 APPOINTS AUSTRALIAN CHIEF

06th November, 2014 at 13:35:50
Experienced online sports betting exec Daniel Moran will head operations Downunder.

Bet365's continued penetration of the Australian market is to be led by the experienced former CEO of Sportingbet Australia and Gaming plc, and industry consultant, Daniel Moran (46).

Full Story: Bet365 Appoints Australian Chief »

SOUTH AFRICAN GAMBLING BOARD MEMBERS RESPOND TO CORRUPTION ALLEGATIONS

06th November, 2014 at 13:35:50
Spokesperson suggests politics may be behind the Board's suspension.

The suspended chair of the South African National Gambling Board, Linda de Vries, has shrugged off claims of high level corruption, maladministration, wasteful expenditure, intimidation and the destruction of evidence which resulted in the Minister for Trade and Industry suspending the entire board almost two months ago and ordering a full forensic investigation (see previous report).

Full Story: South African Gambling Board Members Respond To Corruption Allegations »

PLAYTECH COMMENTS ON MALAYSIAN CRACKDOWN

06th November, 2014 at 13:35:50
Share price movements trigger an assurance that there is resilience and diversity in the company.

The extensive publicity flowing from the nationwide crackdown on illegal online gambling in Malaysia (see previous reports) has prompted online gambling software provider Playtech plc to issue a statement on its share price.

Full Story: Playtech Comments On Malaysian Crackdown »

CHERRY AB LOSSES DOWN IN THIRD QUARTER

06th November, 2014 at 09:28:26
Online gaming revenues soar 33 percent in latest quarter, but player wins and marketing expenses soar.

The publicly listed Swedish gambling group Cherry AB has posted its quarterly and 9 month interims to September 30, flagging increased revenues and a reduction in its losses, but heavy expenses due to big player wins and energetic marketing.

Full Story: Cherry Ab Losses Down In Third Quarter »

LUCKY RUN FOR THIS ONLINE PUNTER

06th November, 2014 at 09:28:26
New 'Jesters Wild' makes newbie Miami Club player $125,000.

A new player at Miami Club online casino had a night most slot players only dream about shortly after he registered with the WGS-powered operation this week.

Full Story: Lucky Run For This Online Punter »

FORTUNA PROFITS UP 21 PERCENT

06th November, 2014 at 09:28:26
Czech betting group enjoys a profitable nine months thanks to online operations.

Czech betting company Fortuna Entertainment Group has posted a 21 percent rise in core profit in the first nine months of 2014, boosted by growing online betting, prompting it to raise its full-year outlook.

Full Story: Fortuna Profits Up 21 Percent »

CHANGES TO THE U.S. POLITICAL SCENE

06th November, 2014 at 02:13:02
Some good, some bad for online gambling.

The US mid-term elections this week have resulted in some interesting changes to the political landscape in the United States, which will in future undoubtedly influence the ongoing debate on legalisation or prohibition.

Full Story: Changes To The U.s. Political Scene »

NO RISE IN U.S. PROBLEM GAMBLING

06th November, 2014 at 02:13:02
New study by University of Buffalo Research Institute on Addictions proves once again what most online gambling operators well.

Uninformed and unproved claims that online gambling has a greater propensity to create problem gamblers have again been debunked by scientific research, this time in a study by the University of Buffalo Research Institute on Addictions according to an article published on the usacasinos.net website today.

Full Story: No Rise In U.s. Problem Gambling »

BETBRIGHT AUGMENTS ITS OPFFERING TO PUNTERS

06th November, 2014 at 02:13:02
Dublin-based sports betting operator adds online casino action.

The Dublin-based online sports betting operator Brightbet.com has augmented its punter offering with a new online casino featuring games from top provider Microgaming.

Full Story: Betbright Augments Its Opffering To Punters »

NET ENTERTAINMENT LOSES ANOTHER ROUND IN TAX DISPUTE

06th November, 2014 at 02:13:02
Sweden's Administrative Court affirms the tax reassessment - NetEnt appeals to the Administrative Court of Appeal.

The Swedish online gambling software provider Net Entertainment NE AB has received the decision from the Administrative Court regarding its dispute with the Swedish Tax Agency (see previous reports).

Full Story: Net Entertainment Loses Another Round In Tax Dispute »