Gambling News 22nd October, 2015

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ECOGRA ANNOUNCES NEW COMPLIANCE TESTING SERVICE

22nd October, 2015 at 16:52:16
Independent compliance specialist can now provide operators with third party vulnerability and penetration testing as required by leading regulatory jurisdictions

The London-based independent online gambling advisory and compliance testing specialist eCOGRA has expanded its services by adding the third party vulnerability and penetration testing required by most leading regulatory jurisdictions, such as the United Kingdom, Italy and Spain.

Full Story: Ecogra Announces New Compliance Testing Service »

LADBROKES REPORTS 57 PERCENT PLUNGE IN THIRD QUARTER EARNINGS

22nd October, 2015 at 16:52:16
But online operations continue to deliver a positive performance.

UK land and online gambling group Ladbrokes plc posted its third quarter results Thursday, reporting a 57 percent decline in earnings before interest and tax to GBP 14.3 million pounds, as the British government tightened regulation and ramped up taxation in the gambling sector.

Full Story: Ladbrokes Reports 57 Percent Plunge In Third Quarter Earnings »

EUROPEAN COURT ADVOCATE GENERAL CRITICAL OF GERMAN ONLINE GAMBLING LAWS

22nd October, 2015 at 16:52:16
AG says that laws should be transparent, non-discriminatory and compliant with EU law.

The influential European Court of Justice Advocate General has issued a report critical of Germany's confusing online gambling laws, opining that such legislation should be transparent, non-discriminatory and compliant with EU law.

Full Story: European Court Advocate General Critical Of German Online Gambling Laws »

NETENT TAKES PLAYER TO ANCIENT EGYPT IN NEW RELEASE

22nd October, 2015 at 16:52:16
Pyramid: Quest for Immortality launched simultaneously for desktop and mobile.

NetEnt has released its latest online and mobile slot, an ancient Egyptian-themed game titled Pyramid: Quest for Immortality.

Full Story: Netent Takes Player To Ancient Egypt In New Release »

BETSOFT INCREASES PENETRATION IN BELGIAN ONLINE GAMBLING MARKET

22nd October, 2015 at 07:54:22
Partnership with Circus Group's Gaming1 announced.

Online gambling games developer BetSoft has announced a partnership deal with Gaming1, part of the Circus Group, a powerful player in the Belgian i-gaming market.

Full Story: Betsoft Increases Penetration In Belgian Online Gambling Market »

FLORIDA SENATE AND HOUSE TO INVESTIGATE DAILY FANTASY SPORTS

22nd October, 2015 at 07:54:22
Legal staff tasked with assessment.

The Florida mainstream media reported Wednesday that legal moves are afoot in both the state Senate and House to investigate the daily fantasy sports industry and assess what action could be taken to curtail or restrict its activities.

Full Story: Florida Senate And House To Investigate Daily Fantasy Sports »

COALITION TO STOP INTERNET GAMBLING ATTACKS PENNSYLVANIAN LAWMAKER

22nd October, 2015 at 07:54:22
New video shows that anti-online gambling group is alarmed at the progress of the legalisation debate in Pennsylvania.

The Sheldon Adelson-funded Coalition to Stop Internet Gambling appears to be alarmed at the positive debate developing on online gambling in Pennsylvania, and has launched a new video vilifying Pennsylvania State Representative John Payne, a driver of the legalisation debate in the state.

Full Story: Coalition To Stop Internet Gambling Attacks Pennsylvanian Lawmaker »

SHERIFF GAMING TAX EVASION RULING CONTAINS INTERESTING INFORMATION

22nd October, 2015 at 07:54:22
Dutch court hears evidence allegedly implicating brothers Michel and Maurice Gregoire and Stijn Flapper in in some questionable practices.

The names of Sheriff Gaming - Bubble Group principals Michel and Maurice Gregoire and Stijn Flapper will have a familiar ring for InfoPowa readers following the police actions and shutdown of the company in 2013, and a sequel in a Dutch tax court in August 2015 makes equally interesting reading.

Full Story: Sheriff Gaming Tax Evasion Ruling Contains Interesting Information »

POSITIVE THIRD QUARTER FROM BETSSON

22nd October, 2015 at 07:54:22
Revenue up by 24 percent

Third quarter revenue at Swedish online gambling group Betsson increased y-o-y by 24 percent to SEK 972.9 million, the company reported Thursday, claiming it as the highest quarterly revenue figure it has yet reported, with organic growth of 15 percent.

Full Story: Positive Third Quarter From Betsson »

NETENT SUCCESS STORY CONTINUES

22nd October, 2015 at 07:54:22
Swedish online gambling software provider posts a positive third quarter and nine months to date report.

NetEnt, a Swedish online gambling software and games supplier, has released its year-to-date and third quarter performance results, showcasing continued progress.

Full Story: Netent Success Story Continues »