Gambling News 16th February, 2017

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ANOTHER STRONG YEAR FOR EVOLUTION GAMING

16th February, 2017 at 17:24:35
Live dealer provider reports metrics all going in the right direction.

Live dealer provider Evolution Gaming's CEO Martin Carlesund has every right to be pleased with the Q4 and FY 2016 results posted by his company Thursday, which again showcase a strong performance and the launch of more innovative products by the company.

Full Story: Another Strong Year For Evolution Gaming »

SUNBETS M.D. LEAVES AFTER A SHORT TENURE.

16th February, 2017 at 17:24:35
Amicable parting as Jamie Hart heads for Romania and Superbet.

Sun Bets, the relatively new online sports betting enterprise backed by media giant News UK and Australian gambling group Tabcorp, has confirmed that its md, Jamie Hart is leaving the company after less than a year in the hot seat and is to join Romanian sports betting company Superbet.

Full Story: Sunbets M.d. Leaves After A Short Tenure. »

NETENT CONTINUES TO BREAK RECORDS WITH LATEST PERFORMANCE REPORT

16th February, 2017 at 08:58:33
"2016 was another exciting year for NetEnt with new record levels in revenues, earnings and cash flow," says CEO.

Swedish online gambling software and games developer NetEnt has posted its year-end and fourth quarter reports for 2016, with CEO Per Eriksson claiming another exciting year "...with new record levels in revenues, earnings and cash flow."

Full Story: Netent Continues To Break Records With Latest Performance Report »

SOMBERO GIVES EVIDENCE BEFORE PHILIPPINES SENATE COMMITTEE

16th February, 2017 at 06:54:37
Bribery scandal pushed online gambling in the region to the brink of extinction, "facilitator" claims.

Online gambling facilitator and central figure in the Philippines bribery scandal, Wally Sombero, has given evidence before a Senate committee following his return to the Philippines this week (see previous reports).

Full Story: Sombero Gives Evidence Before Philippines Senate Committee »

INDIAN COMPANY TO INVEST $20 MILLION IN E-SPORTS

16th February, 2017 at 06:54:37
Five-year investment planned for a new eSports league centred on CE:GO, Dota 2 and League of Legends.

Nazara Games, a mobile gaming development company based in Mumbai, India, has announced that it is to invest $20 million over the next five years in eSports, creating a new league that will focus on CS:GO, Dota 2 and League of Legends.

Full Story: Indian Company To Invest $20 Million In E-sports »

DUBLIN GAMES DEVELOPER ANNOUNCES NEW PRODUCT

16th February, 2017 at 06:54:37
Kama Games adds Baccarist to its range of social gaming products.

Dublin-based mobile social games developer Kama Games has announced the launch of Baccarist, an all-new 3D Baccarat game and the latest addition to the company's portfolio of iOS and Android social casino titles.

Full Story: Dublin Games Developer Announces New Product »

CHINESE CLAMPDOWN ON HIGH ROLLERS IMPACTS AUSSIE LAND OPERATORS

16th February, 2017 at 06:54:37
17 Crown employees remain incarcerated in China months after being arrested.

Australian land casino operators are taking a far more cautious approach to attracting Chinese high rollers following the arrests of 15 Crown Resorts Chinese employees and three visiting Aussie execs last year and their continued incarceration (see previous infoPowa reports), but the Chinese clampdown on big spenders is in any case impacting business.

Full Story: Chinese Clampdown On High Rollers Impacts Aussie Land Operators »

RECORD REVENUES FROM NOVOMATIC IN 2016

16th February, 2017 at 05:03:31
Company reports significant growth in core markets.

Gambling and games supplier Novomatic has reported record-breaking revenues in FY 2016, noting that significant growth was achieved in core markets UK, Germany, Spain and Italy.

Full Story: Record Revenues From Novomatic In 2016 »

PENNSYLVANIA GAMING EXPANSION BILL HEARING POSTPONED

16th February, 2017 at 05:03:31
But the prospect of a joint House-Senate hearing offers hope.

Thursday's planned hearing of a new online gambling legalisation bill by the Pennsylvania House Gaming Oversight Committee has been postponed, but the good news is that it may well be replaced soon by a joint Senate-House committee hearing which could help progress the measure.

Full Story: Pennsylvania Gaming Expansion Bill Hearing Postponed »

AUSTRALIANS BIGGEST GAMBLING LOSERS PER CAPITA

16th February, 2017 at 05:03:31
Global data ranks countries in terms of gambling losses.

The Economist, citing a report from UK-based betting and gambling consultancy H2 Gambling Capital (H2G), has revealed Australians hold the dubious tile of biggest gambling losers per capita at $990, forty percent higher than Singapore and more than double the average loss of its Western counterparts.

Full Story: Australians Biggest Gambling Losers Per Capita »

KINDRED GROUP SOARS IN UNAUDITED 2016 RESULTS

16th February, 2017 at 05:03:31
Achieves a series of all-time-high's.

Kindred Group plc (formerly Unibet) has reported a series of all-time-high's in its fourth quarter and full year 2016 results.

Full Story: Kindred Group Soars In Unaudited 2016 Results »

GLOBAL BET TO LAUNCH VIRTUAL SPORTS WITH SNAI

16th February, 2017 at 05:03:31
And develop exclusive virtual football game.

Global Bet will expand further into Italy following a deal with major retail and online operator SNAI Group for the supply of its virtual sports portfolio and the development of a bespoke Virtual Football game, exclusively available to SNAI players.

Full Story: Global Bet To Launch Virtual Sports With Snai »

DEGREE53 REFOCUSING ON IGAMING INDUSTRY

16th February, 2017 at 05:03:31
With launch of dedicated division.

Manchester mobile app and web development agency Degree 53 is looking to refocus on its core igaming business with the launch of a dedicated, new division, Degree 53 Gaming.

Full Story: Degree53 Refocusing On Igaming Industry »

ROMBET WELCOMES KIRON INTERACTIVE

16th February, 2017 at 05:03:31
As newest trade association member.

Romanian gambling trade association Rombet has welcomed virtual sports developer Kiron Interactive as its newest member.

Full Story: Rombet Welcomes Kiron Interactive »

HABANERO LAUNCH KOI GATE SLOT

16th February, 2017 at 05:03:31
Asian-themed tranquility.

Habanero has launched " Koi Gate ", a beautifully rendered, graphic-rich slot showcasing the serenity and beauty of Asian culture.

Full Story: Habanero Launch Koi Gate Slot »