Gambling News 08th September, 2016

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BETSSON TO ACQUIRE TONYBET HOLDING COMPANY

08th September, 2016 at 15:48:13
Initial consideration of Euro 4 million agreed.

Betsson AB, an online gambling firm listed on Sweden's Stockholm exchange, announced Thursday that it has agreed to acquire the privately owned gaming operator Lošimų strateginė grupė, UAB, trading as TonyBet in Lithuania.

Full Story: Betsson To Acquire Tonybet Holding Company »

PLAYTECH SPORTS DIVISION TOP MANAGEMENT TEAM STRENGTHENED

08th September, 2016 at 15:48:13
Three major appointments join growing sports division ahead of large-scale Playtech ONE project deliveries.

Playtech Sports has significantly strengthened its management team with a trio of senior appointments ahead of a number of large-scale Playtech ONE projects, and recent acquisitions including leading sports software provider BGT see previous reports).

Full Story: Playtech Sports Division Top Management Team Strengthened »

ONLINE GAMBLING OPERATOR STRENGTHENS EASTERN EUROPEAN PRESENCE

08th September, 2016 at 15:48:13
GIG signs platform services partnership with Slovakia's biggest betting operator.

Norwegian-listed online gambling corporate Gaming Innovation Group has announced a new agreement that strengthens its presence in Eastern Europe, revealing that it is to supply platform services to Nik, a major betting operator in the Slovakian market.

Full Story: Online Gambling Operator Strengthens Eastern European Presence »

WILL HILL'S NEW DOUBLE DOWN BETTING PRODUCT IS LEGAL, FIRM CLAIMS.

08th September, 2016 at 15:48:13
Product does not constitute in-play wagering, spokesman says.

Despite the toxic political and media climate in Australia regarding in-play betting, William Hill's Aussie division is reportedly pushing ahead with its new Double Down product, claiming that it does not infringe local laws and raises "no issues or concerns."

Full Story: Will Hill's New Double Down Betting Product Is Legal, Firm Claims. »

UK REGULATORY CHIEF SAYS INDUSTRY DOES NOT CONTRIBUTE ENOUGH TO PROBLEM GAMBLING SOLUTIONS

08th September, 2016 at 15:48:13
Harrison hints at a more robust mandatory approach if operators don't come through.

Speaking at the World Regulatory Briefing conference in London this week, the UK Gambling Commission head, Sarah Harrison, suggested to the gambling industry that a greater commitment to combat problem gambling through voluntary funding was needed...and hinted that if this was not forthcoming "a more robust arrangement" imposed on the industry may prove necessary.

Full Story: Uk Regulatory Chief Says Industry Does Not Contribute Enough To Problem Gambling Solutions »

MALAYSIAN POLICE REPORT ON ONLINE GAMBLING BLITZ IN SELANGOR PROVINCE

08th September, 2016 at 14:42:32
Thousands arrested this year.

The chief of police for the Selangor province in Malaysia advised local reporters Tuesday that his men have kept up a continuous online gambling blitz across the province since the beginning of 2016, arresting 5,609 persons in 3,602 police raids.

Full Story: Malaysian Police Report On Online Gambling Blitz In Selangor Province »

NOLIMITCITY LAUNCH SPACE ARCADE

08th September, 2016 at 14:42:32
Retro-style HTML5-built slot

Malta and Stockholm-situated games development startup, Nolimitcity, has launched Space Arcade, a retro arcade-style slot featuring Wild Respin's, Winged Wild's and an increasing Multiplier, packaged in a three-reel, 3-row, nine-betline HTML slot.

Full Story: Nolimitcity Launch Space Arcade »

SCIENTIFIC GAMES SHARES SOAR ON NEW STRATEGY DECISION

08th September, 2016 at 10:01:21
Wholly owned interactive social gaming subsidiaries designated as "unrestricted subsidiaries under its debt agreements."

A statement issued Wednesday by the Scientific Games land and online gambling supplier boosted its share price by 22.2 percent in a clear indication that investors like what they are seeing from the new management of Kevin Sheehan (see previous reports).

Full Story: Scientific Games Shares Soar On New Strategy Decision »

MEDIATECH SOLUTIONS IN ONLINE GAMBLING PARTNERSHIP WITH CAMBODIAN GAMING NETWORK

08th September, 2016 at 10:01:21
Omni-channel gaming platform provider is exploring opportunities with Global Gaming Network.

Omni-channel gaming platform provider Mediatech Solutions has agreed a deal with Global Gaming Network to explore opportunities in the fast-emerging Cambodian market.

Full Story: Mediatech Solutions In Online Gambling Partnership With Cambodian Gaming Network »

CYPRUS BETTING LICENSES AVAILABLE NEXT MONTH

08th September, 2016 at 07:49:05
October 3 date set for first applications.

The Cyprus National Betting Authority has announced that online sports betting licenses will be available to suitable applicants with effect from October 3rd this year.

Full Story: Cyprus Betting Licenses Available Next Month »

REALISTIC GAMES CONTENT NOW AVAILBLE AT BETSSON GROUP

08th September, 2016 at 07:49:05
Games live on popular international casino brands.

UK online gambling games developer Realistic Games has agreed a major deal to supply its games to the Betsson Group.

Full Story: Realistic Games Content Now Availble At Betsson Group »