Gambling News 10th May, 2016

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WPFH BULLISH ON UEG REVENUE FORECASTS

10th May, 2016 at 20:36:13
First in-flight online real-money casino gaming.

Social gaming platform developer and operator World Poker Fund Holdings (WPFH) says it expects to generate $143 million in revenues from the first ever in-flight online casino assets and contracts stemming from its 49 percent acquisition of Universal Entertainment Group (UEG).

Full Story: Wpfh Bullish On Ueg Revenue Forecasts »

PAYPAL LIMITS PURCHASE PROTECTION FACILITY

10th May, 2016 at 20:36:13
To exclude gambling transactions and crowd-funding payments.

PayPal US has updated its user agreement effective June 25, 2016 saying it will no longer offer purchase protection on payments made to crowdfunding websites, gambling or gambling websites, gift cards or government agencies.

Full Story: Paypal Limits Purchase Protection Facility »

BETFRED MAKE DEEP INVESTMENT IN SCOTTISH FOOTBALL

10th May, 2016 at 20:36:13
Three-year exclusive title sponsor of Scottish League Cup.

UK gambling firm Betfred has made a significant investment in the Scottish Professional Football League in a three-year sponsorship of the Scottish League Cup, now known as The Betfred Cup, which is estimated by pundits to be worth around GBP 1 million.

Full Story: Betfred Make Deep Investment In Scottish Football »

GREENTUBE RENEWS KONAMI CONTENT DEAL

10th May, 2016 at 15:49:04
For Foxwoods social casino.

Greentube has renewed its content supply agreement with Konami Gaming for the supply of gaming content to Foxwoods Interactive's new social casino (see previous report).

Full Story: Greentube Renews Konami Content Deal »

FLAMANTIS CASINO EXPANDS CONTENT PORTFOLIO

10th May, 2016 at 15:49:04
With games from Quickspin and IGT.

Everymatrix -powered Flamantis Casino has launched a portfolio of leading content from Quickspin and IGT, expanding its portfolio to over 900 gaming titles.

Full Story: Flamantis Casino Expands Content Portfolio »

BETFAIR TO TAKE EXCHANGE BETTING IN NEW JERSEY LIVE TODAY

10th May, 2016 at 15:49:04
Full launch follows period of Beta testing.

Betfair US is scheduled to take the U.S.'s first exchange betting offer out of beta testing and into full operation with Monmouth Park racecourse in New Jersey today (Tuesday).

Full Story: Betfair To Take Exchange Betting In New Jersey Live Today »

RUSSIAN PROVINCE SEEKS TO CRIMINALISE ONLINE GAMBLING PLAYERS

10th May, 2016 at 15:49:04
Tatarstan follows the example of Washington state in introducing penalties for playing.

The legislature of the central Russian province of Tatarstan is currently considering a proposed bill that would, like Washington state laws, criminalise online gamblers along with parents whose offspring become addicted to internet gambling.

Full Story: Russian Province Seeks To Criminalise Online Gambling Players »

MERKUR INTERACTIVE AND iSOFTBET TEAM UP

10th May, 2016 at 15:49:04
Merkur to integrate iSoftBet's full games inventory.

Online and mobile casino games developer iSoftBet announced a partnership deal Monday that will see its full suite of games used by Merkur Interactive Services.

Full Story: Merkur Interactive And Isoftbet Team Up »

FSB TECH APPOINTS GARRY PATTENDEN AS OPERATIONS DIRECTOR

10th May, 2016 at 15:49:04
Managed sports betting service provider strengthens team as demand rises

Sportsbook platform provider FSB Technology (UK) Ltd has appointed Garry Pattenden as its new operations director, with the firm bolstering its operational delivery team to help service the ten new B2B licensees it signed last year.

Full Story: Fsb Tech Appoints Garry Pattenden As Operations Director »

FRENCH ONLINE GAMBLING MARKET IMPROVES

10th May, 2016 at 08:52:38
First quarter shows both growth and higher wagering, with sports betting the star.

Online gambling investors and operators in France will be encouraged by positive first quarter industry results released Monday by regulator ARJEL.

Full Story: French Online Gambling Market Improves »

REALISTIC GAMES LAUNCHES MULTI-CHANNEL SLOT

10th May, 2016 at 08:52:38
"The Fruit Machine" makes Realistic's retail debut on Ladbrokes terminals.

The UK online gambling games developer Realistic Games has released The Fruit Machine, the company's first truly multi-channel slot.

Full Story: Realistic Games Launches Multi-channel Slot »

TOP MANAGEMENT CHANGES AT GENTING U.K.

10th May, 2016 at 08:52:38
President restructures to enhance multi-channel capability.

Big changes at top management level have been announced by the UK division of land and online gambling giant Genting, with local president Paul Willock emphasising a focus on multi-channel delivery through a restructuring of the executive team.

Full Story: Top Management Changes At Genting U.k. »