Gambling News 21st March, 2016

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CHERRY STRENGTHENS GROUP MANAGEMENT

21st March, 2016 at 19:56:02
Prepares for Nasdaq listing.

Cherry AB has named Gunnar Modalen as Head of Investor Relations & Communications and a member of the group management team in preparation of its upcoming listing on Nasdaq Stockholm later this year.

Full Story: Cherry Strengthens Group Management »

SWEET AND SOUR IN NETPLAY TV TRADING UPDATE.

21st March, 2016 at 14:29:25
Impacted by new gaming duties and taxes but cushioned by revenue from newly acquired Otherside.

Interactive gaming firm NetPlay TV plc has posted full year 2015 results for the year ended December 31, 2015 reporting a decrease in net revenue despite a 14 percent increase in active depositing players.

Full Story: Sweet And Sour In Netplay Tv Trading Update. »

BETCONSTRUCT CLINCH DEALS WITH PARIPLAY AND EVOLUTION GAMING

21st March, 2016 at 14:29:25
Integration of additional gaming content and live dealer solutions.

Betconstruct entered into content supply deals with Pariplay Ltd. and Evolution Gaming this past week.

Full Story: Betconstruct Clinch Deals With Pariplay And Evolution Gaming »

LEOVEGAS BEGINS TRADING ON NASDAQ (Update)

21st March, 2016 at 14:29:25
Solid growth potential say founders.

Mobile gaming operator LeoVegas has commenced trading on the Nasdaq First North Premier in Stockholm (see previous reports).

Full Story: Leovegas Begins Trading On Nasdaq (update) »

SWISS LAND CASINO OWNERS BLAME ONLINE GAMBLING FOR POOR PERFORMANCE

21st March, 2016 at 09:56:42
For the eighth consecutive year revenues declined in 2015.

Swiss land casino operators claimed this week that 2015 revenues were down 4 percent at Swiss francs 681 million - the eighth year in a row that performance has slipped.

Full Story: Swiss Land Casino Owners Blame Online Gambling For Poor Performance »

GOLDEN RACE PREVIEWS NEW VIRTUAL MMA GAME

21st March, 2016 at 09:56:42
Real Fighting is a real knock-out.

Virtual games developer Golden Race is previewing its new real-money Real Fighting game at the iGaming Asia conference and expo currently running in Macau...and as the title suggests, the interactive product presents a MMA (martial arts) theme featuring 16 professional fighters in intense 5 round combats across 3 fantasy themed fighting stages.

Full Story: Golden Race Previews New Virtual Mma Game »

FORMER TABCORP BOSS RESIGNS TO FIGHT CAMBODIAN ONLINE CORRUPTION ALLEGATIONS (Update)

21st March, 2016 at 09:56:42
After four-and-a-half years as m.d. of the Australian Securities Exchange, Elmer Funke Kupper steps down.

The announcement last week that Australian federal police are investigating allegations of a Tabcorp bribery attempt to secure Cambodian online gambling approval (see previous report) has been followed by the news that former Tabcorp chief executive and current m.d. of the Australian Securities Exchange, Elmer Funke Kupper, has resigned.

Full Story: Former Tabcorp Boss Resigns To Fight Cambodian Online Corruption Allegations (update) »

INSPIRED HIRES TWO NEW TOP MANAGERS

21st March, 2016 at 09:56:42
Kris Ellis to handle Virtual accounts, and Dan Graham will head platform architecture.

The UK virtual sports, mobile games and video lottery provider, Inspired, has announced the recruitment of two widely respected new senior staff members to its Virtuals team.

Full Story: Inspired Hires Two New Top Managers »

MALAYSIAN POLITICAL CAUCUS TO ADDRESS ILLEGAL ONLINE GAMBLING

21st March, 2016 at 09:56:42
Lawmakers to kick anti-online gambling drive up a notch.

Malaysia's deputy prime minister and federal Home Minister Datuk Seri Ahmad Zahid Hamidi told reporters Monday that a parliamentary caucus to address illegal gambling will be established soon.

Full Story: Malaysian Political Caucus To Address Illegal Online Gambling »

HABANERO SIGNS SOFTEC DIGITAL DEAL

21st March, 2016 at 09:56:42
Asia-facing platform provider armed with full suite of casino games

Online slots and table games provider Habanero has signed an agreement to distribute its products through Philippines-based Softec Digital.

Full Story: Habanero Signs Softec Digital Deal »