Gambling News 01st April, 2015

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ANOTHER STRONG YEAR FOR NET ENTERTAINMENT

01st April, 2015 at 20:24:10
Revenues, operating profit, cash flow and proposed transfer to shareholders all reach record levels.

Net Entertainment, the Swedish online gambling software provider, has released its results for the fourth quarter and full year of 2014, boasting record levels of revenues, operating profit, cash flow and proposed transfers to shareholders.

Full Story: Another Strong Year For Net Entertainment »

THREE ONLINE GAMBLING FIRMS APPROVED BY U.K.G.C.

01st April, 2015 at 17:22:43
Core, Betsson and Net Entertainment all licensed to supply or operate in the UK.

Three major software and operational companies in the online gambling industry, Core Gaming, Net Entertainment and Betsson, have achieved licensing from the UK Gambling Commission, allowing them to supply operators in the UK market with their products.

Full Story: Three Online Gambling Firms Approved By U.k.g.c. »

ANOTHER MASSIVE ONLINE GAMBLING BUST IN CHINA

01st April, 2015 at 17:22:43
Guangdong police arrest over a thousand in anti-online gambling operation.

Police in the coastal Chinese province of Guangdong have announced the successful conclusion of a major anti-online gambling operation in which 1,071 people were detained, 40 servers and computers were seized, and bank cards and deposit books taken into custody as evidence.

Full Story: Another Massive Online Gambling Bust In China »

HUNGARY MOVES AGAINST ILLEGAL ONLINE GAMBLING

01st April, 2015 at 17:22:43
National Tax and Customs Authority issues 82 directives against illegal operators.

The National Tax and Customs Authority in Hungary has issued directives against 82 allegedly illegal online gambling operators, requiring the Hungarian media authority NMHH to ISP-block their websites; however thus far only 17 sites have been blocked, the daily newspaper Világgazdaság reports.

Full Story: Hungary Moves Against Illegal Online Gambling »

DAILY FANTASY SPORTS EXEC TO ADDRESS INDIAN COUNTRY ONLINE CONFERENCE

01st April, 2015 at 17:22:43
DraftKings CEO Jason Robins is the keynote speaker.

DraftKings CEO Jason Robins will deliver the keynote address at the third annual Indian Country Online Congress on June 11, 2015, at Pala Casino Spa Resort, the organiser, Spectrum Consultants, has announced..

Full Story: Daily Fantasy Sports Exec To Address Indian Country Online Conference »

SHWARTZ JOINS EVERYMATRIX AS PRODUCT DEVELOPMENT HEAD

01st April, 2015 at 17:22:43
Former William Hill Online exec has 15 years of experience.

Oren Shwartz, a fifteen year industry veteran and head of online operations for William Hill Online, has left the company to join gaming services provider EveryMatrix as VP for product development.

Full Story: Shwartz Joins Everymatrix As Product Development Head »

BETVICTOR RENEWS LIVE DEALER CONTRACT

01st April, 2015 at 17:22:43
MediaLive engaged for a further three years.

BetVictor management is clearly happy with the live dealer services of Malta-based supplier MediaLive; this week it renewed its three year contract with the company.

Full Story: Betvictor Renews Live Dealer Contract »

PESSIMISTIC VIEW OF U.S. ONLINE GAMBLING

01st April, 2015 at 07:25:27
Morgan Stanley analysts cut US gambling market estimates by almost 50 percent.

The latest Morgan Stanley assessment of the US online gambling market created a few shivers Tuesday, slashing the analyst's estimate of the potential U.S. Internet gambling market by nearly half to $2.7 billion by 2020.

Full Story: Pessimistic View Of U.s. Online Gambling »

SAGI'S LATEST VENTURE POWERS ON

01st April, 2015 at 07:25:27
Safecharge to spend up to $100 million on acquisitions.

Online gambling entrepreneur Teddy Sagi has big plans for his newest venture, online payment service provider SafeCharge, which has announced that it plans to make an acquisition of $100 million or more this year to expand its client base, and if necessary will raise money to do so.

Full Story: Sagi's Latest Venture Powers On »

ANOTHER AWFUL MONTH FOR MACAU

01st April, 2015 at 07:25:27
Gambling revenues drop 39 percent in March.

Gambling revenue in Macau plunged another 39 percent in March, the tenth consecutive monthly fall, as Chinese mainland high rollers remained cautious due to the crackdown on extravagance and corruption by the Chinese central government.

Full Story: Another Awful Month For Macau »