Gambling News 20th December, 2016

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PLAYTECH EXPANDS MAJOR CONTRACT IN FINLAND

20th December, 2016 at 21:34:23
Deal with merged entity formed of Veikkaus, RAY and Fintoto a significant step in growing key regulated market

Online gambling and financial services group Playtech and Veikkaus, the lead brand behind the Finland's enlarged FRV Finland group made up of the recently merged Veikkaus, RAY and Fintoto companies, have agreed a landmark contract that will guarantee growth in the Finnish market.

Full Story: Playtech Expands Major Contract In Finland »

RED TIGER TO PROVIDE GAMES TO MATCHBOOK ONLINE CASINO

20th December, 2016 at 21:34:23
Full suite of casino gaming content to be supplied.

The Isle of Man-based online slots developer and provider, Red Tiger Gaming announced Tuesday that it is to partner with Matchbook online casino in a new content deal that will see the software company provide its full suite of slots.

Full Story: Red Tiger To Provide Games To Matchbook Online Casino »

BRAZIL GAMBLING REFORMS DELAYED AGAIN

20th December, 2016 at 21:34:23
Senate sends bill back to the House for further analysis and debate.

Hopes that Brazil's sweeping land and online gambling reforms would receive political approval this year have been dashed by the news that Bill PLS 186/2014 has been returned to the House Committee on Constitution, Justice and Citizenship for more discussion and research by a Senate vote of 44 to 19.

Full Story: Brazil Gambling Reforms Delayed Again »

BAAZOV ABANDONS TALKS TO ACQUIRE AMAYA (Update)

20th December, 2016 at 14:14:36
Alleges some shareholders were demanding too high a premium.

David Baazov, the former CEO of the Amaya Group and prospective multi-billion-dollar buyer of the company, announced Tuesday that he has ended acquisition talks, claiming that some Amaya shareholders were demanding too high a premium.

Full Story: Baazov Abandons Talks To Acquire Amaya (update) »

INTERTAIN BORROWS MORE TO FUND GAMESYS EARN-OUT OBLIGATIONS

20th December, 2016 at 14:14:36
Canadian online gambling group raises GBP 160 million in additional debt.

Online gambling group Intertain has substantially increased its debt burden after raising debt financing of GBP 160 million in order to help meet its earn-out payment obligations to Gamesys regarding the acquisition in April last year of Jackpot Joy and and Starspins.

Full Story: Intertain Borrows More To Fund Gamesys Earn-out Obligations »

REALTIME GAMING LAUNCHES NEW ONLINE SLOT

20th December, 2016 at 14:14:36
Sweet 16 features developer's new Morphing Symbols feature.

Online gambling casino games developer RealTime Gaming has announced the launch of its new Sweet 16 online slot, which features the developer's new Morphing Symbols feature.

Full Story: Realtime Gaming Launches New Online Slot »

NEW PRESIDENT AND C.F.O. FOR SPIN GAMES

20th December, 2016 at 14:14:36
Kunal Mishra is taking on a heavy workload.

Spin Games, the US-based developer and supplier of land and online interactive games, has announced the appointment of a new president and chief financial officer.

Full Story: New President And C.f.o. For Spin Games »

FEDERAL JUDGE RULES AGAINST TRIBAL ONLINE GAMBLING

20th December, 2016 at 08:03:51
Desert Rose online bingo site impacted by decision.

A federal judge in southern California, Anthony Battaglia, has ruled that the San Diego-based tribal online gambling operator, Santa Ysabel Interactive, must immediately stop offering or conducting any gambling or game of chance through internet technologies, and suspend accepting payments relating to online gambling from anyone outside its designated tribal land.

Full Story: Federal Judge Rules Against Tribal Online Gambling »

KIRON TO PROVIDE VIRTUAL SPORTS TO 1CLICK GAMES

20th December, 2016 at 08:03:51
Deal will help 1Click's clients to attract Virtual Sports fans.

The Malta-based online games and white label platform supplier 1Click Games has announced a deal with Kiron Interactive which will see the latter's virtual sports games becoming available to 1Click Games clients, enabling them to attract virtual sports fans.

Full Story: Kiron To Provide Virtual Sports To 1click Games »