Gambling News 12th February, 2015

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TOP ONLINE CASINO EXITS GERMAN MARKET

12th February, 2015 at 09:48:02
Guts says recent judicial rulings in Germany make it impossible to continue.

It's been a mixed week for online casino operator Guts (see the casino directory for brand information); it started with the elation of being voted top European online casino by players on the Casinomeister information site, but ended with the acknowledgment that a recent judicial ruling in Germany has made it impossible for the site to continue serving German punters.

Full Story: Top Online Casino Exits German Market »

ONLINE CASINO GROUP APPOINTS NEW PRESIDENT

12th February, 2015 at 09:48:02
Per Norman named president and CEO of Mr Green & Co AB

Per Norman has been appointed the new president and CEO of the Swedish listed online gambling group Mr Green & Co AB, and will take up his responsibilities on 23 April 2015.

Full Story: Online Casino Group Appoints New President »

WEAK JANUARY FOR DELAWARE ONLINE GAMBLING

12th February, 2015 at 09:48:02
Online gambling revenue plunges further.

Legal online gambling in Delaware took another dive southwards in January 2015, delivering only $132,074 in revenues - a 22 percent decline compared to the poor December 2014 figures, and the third worst month experienced since online gambling operations were legalised late 2013.

Full Story: Weak January For Delaware Online Gambling »

AMERICAN REGULATORS ENQUIRING INTO AMAYA-RATIONAL GROUP DEAL

12th February, 2015 at 09:48:02
Investigation into 300 investors is in addition to Canadian financial enquiries.

Concerns around the $4.9 billion Rational Group acquisition deal pulled off by the Montreal-based online gambling group Amaya Gaming continue to ricochet around in financial circles, with a report in the Globe and Mail newspaper that the US private self-regulator the Financial Industry Regulatory Authority (FINRA) is taking an interest in the run-up to the agreement.

Full Story: American Regulators Enquiring Into Amaya-rational Group Deal »

NEW ONLINE CASUAL GAMING SITE LAUNCHES

12th February, 2015 at 09:48:02
Microgaming and PariPlay power a selection of games at new Fortune Lounge operation.

Fortune Affiliates has announced the launch this week of DizzyWin, a new online casual gaming site powered by Microgaming and PariPlay, and offering a selection of casino, fixed odds and scratch games.

Full Story: New Online Casual Gaming Site Launches »

SPANISH ONLINE GAMBLING MARKET UP 11 PERCENT

12th February, 2015 at 09:48:02
2014 revenues up by Euro 254 million.

The regulated Spanish online gambling market may attract criticism for its ring-fenced player base approach and heavy taxation, but nevertheless achieved 11 percent year-on-year growth in 2014, with revenues up by a healthy Euro 254 million, according to numbers from regulator Direccion General de Ordenacion del Juego.

Full Story: Spanish Online Gambling Market Up 11 Percent »

INTRODUCTION OF R.A.W.A. TO THE U.S. SENATE IMMINENT

12th February, 2015 at 09:48:02
Adelson-inspired Graham measure coordinated with House bill from Chaffetz?

Staff members in the offices of Sen. Lindsey Graham, the South Carolina politician supported by land casino baron Sheldon Adelson and rumoured to be angling for nomination as president, have confirmed that the senator is about to re-introduce his Senate version of the Restoration of America's Wire Act, a piece of federal legislation designed to ban most forms of online gambling in the USA.

Full Story: Introduction Of R.a.w.a. To The U.s. Senate Imminent »

COZY GAMES LAUNCHES NEW ONLINE CASINO

12th February, 2015 at 06:05:19
Lucky Admiral joins the gambling group.

The UK online gambling operator Cozy Games has announced a new addition to the group with the arrival of the brand new Lucky Admiral Casino.

Full Story: Cozy Games Launches New Online Casino »

NET ENTERTAINMENT POSTS ANOTHER IMPRESSIVE FULL YEAR

12th February, 2015 at 06:05:19
CEO describes performance as "fantastic" as revenues and profits soar.

The Swedish online gambling software developer Net Entertainment has delivered another sparkling set of annual results, posting highlights that included:

Full Story: Net Entertainment Posts Another Impressive Full Year »