Gambling News 02nd March, 2017

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SPORTECH OFFLOADS THE FOOTBALL POOLS SUBSIDIARY

02nd March, 2017 at 16:50:53
Private equity buyer in conditional sale for GBP 83 million.

FP Acquisitions Limited, a company owned by private equity funds under the OpCapita banner has agreed to pay GBP 83 million in the conditional debt free, cash free basis to purchase Sportech subsidiary The Football Pools.

Full Story: Sportech Offloads The Football Pools Subsidiary »

STRONG 2016 REPORTED BY SPORTECH

02nd March, 2017 at 16:50:53
Betting technology provider trebles profits.

UK betting technology provider Sportech plc has posted a strong set of FY-2016 results, flagging the following highlights:

Full Story: Strong 2016 Reported By Sportech »

32RED LAUNCHES TELEVISION SHOW-THEMED ONLINE SLOT

02nd March, 2017 at 16:50:53
"Ant & Dec's Saturday Night Takeaway' is the second ITV-themed game developed by Microgaming in collaboration with 32 Red.

Another slot in the collaborative game development deal between Microgaming and the 32Red online casino group came to fruition this week with the launch of the second game in a series of ITV television show-themed slots, "Ant & Dec's Saturday Night Takeaway'

Full Story: 32red Launches Television Show-themed Online Slot »

NYX CONTENT GOES LIVE WITH RUSH STREET INTERACTIVE PROPERTIES

02nd March, 2017 at 16:50:53
Rush Street is the first brick and mortar casino to launch NYX digital content via a single integration in both social and real-money US-regulated formats

Game developer NYX Gaming Group is extending its reach in the US online gaming market with the delivery of digital content to Rush Street Interactive's online casino brand, SugarHouse Casino.com.

Full Story: Nyx Content Goes Live With Rush Street Interactive Properties »

EVERYMATRIX ENTERS THE PAYMENT SECTOR

02nd March, 2017 at 16:50:53
White label provider and games aggregator adds another player facility to its offering.

EveryMatrix, arguably the industry's biggest white label online gambling provider and games aggregator, has announced the launch of MoneyMatrix, a new payment service provider specialising in payment processing and risk management in the gambling industry.

Full Story: Everymatrix Enters The Payment Sector »

ONLINE GAMBLING ENTREPRENEUR JOINS FORCES WITH BITCOIN CREATOR

02nd March, 2017 at 16:50:53
Calvin Ayre and Craig Wright (aka Satoshi Nakamoto) go after patent protection.

Online gambling entrepreneur Calvin Ayre, founder of the Bodog brand, was back in the news this week as reports surfaced from the Reuters news agency that he has partnered with Craig Wright, the Aussie IT expert and businessman who claims to have created the cyber-currency Bitcoin and is also believed to use the alias Satoshi Nakamoto.

Full Story: Online Gambling Entrepreneur Joins Forces With Bitcoin Creator »

DUTCH ONLINE GAMBLING BILL TO BE DISCUSSED IN THE SENATE NEXT WEEK (Update)

02nd March, 2017 at 09:50:51
Senate Permanent Committee for Security and Justice to discuss Remote Gaming Bill passed by the lower house last year.

Progress - of a kind - appears to be imminent at last on the much-delayed Dutch online gambling legalisation bill passed in July last year by the lower house.

Full Story: Dutch Online Gambling Bill To Be Discussed In The Senate Next Week (update) »

FOUR NEW LEGALISATION BILLS IN THE MICHIGAN SENATE (Update)

02nd March, 2017 at 09:50:51
Two of the new proposals are from Sen. Mike Kowall, who led the charge last year.

Online gambling legalisation is again on the table in the Michigan Senate following the introduction of four new bills S202 to S205 this week, with two of them (S203 and S204) new efforts by Sen. Mike Kowall, who led the unsuccessful legalisation attempts last year.

Full Story: Four New Legalisation Bills In The Michigan Senate (update) »

SWISS LEGISLATORS APPROVE I.S.P. BLOCKING MEASURE

02nd March, 2017 at 09:50:51
Lower house passes legislation already approved by upper house.

Swiss lawmakers in the lower house this week passed an online gambling ISP-blocking measure already approved by the upper house despite the lower house having previously removed such language from an earlier proposal in the Legal Affairs Committee (see previous report).

Full Story: Swiss Legislators Approve I.s.p. Blocking Measure »

EUROPEAN REGULATORS BECOMING INCREASINGLY AGGRESSIVE

02nd March, 2017 at 09:50:51
Legal workshop points to more risk for illegal operators.

The respected law firm DLA Piper has flagged salient points from its February 6 online gambling regulatory workshop, which was attended by delegates from across Europe, noting that national regulators have become increasingly aggressive in pursuit of unlicensed operators accessing their national markets.

Full Story: European Regulators Becoming Increasingly Aggressive »

MASSIVE AUDIENCES FOR E-SPORTS PREDICTED

02nd March, 2017 at 09:50:51
Over 400 million fans by 2020.

In just four years' time the eSports global audience will have swollen to 402 million, according to a new survey by Superdata prepared for the European eSports Conference in London.

Full Story: Massive Audiences For E-sports Predicted »

SPINSVILLA ONLINE CASINO CRITICISED FOR QUESTIONABLE TERMS AND CONDITIONS

02nd March, 2017 at 09:50:51
Is it right to saddle a no-bonus bet with a 5x playthrough?

Saddling no-bonus players with a 5x play-through before they can withdraw any winnings is just one of the terms and conditions at Cozygaming-operated online casino Spinsvilla that has come under fire this week.

Full Story: Spinsvilla Online Casino Criticised For Questionable Terms And Conditions »

TRUMP TAJ MAHAL LAND CASINO SOLD TO HARD RIOCK INTERNATIONAL

02nd March, 2017 at 09:50:51
Quick flip for billionaire Carl Icahn.

Billionaire Carl Icahn, who bought the struggling Trump Taj Mahal land casino in Atlantic City amid litigation and union fights last year (see previous reports) has done a quick flip on the asset, selling it on after just four months to the Hard Rock International group and two New Jersey investors for an undisclosed consideration.

Full Story: Trump Taj Mahal Land Casino Sold To Hard Riock International »

MAJOR LOAN FACILITY SECURED BY ONLINE GAMBLING GROUP

02nd March, 2017 at 09:50:51
GVC gives details on a new Euro 320 million loan facility.

Online gambling group GVC Holdings has announced that it has successfully secured a Euro 320 million Senior Secured Term and Revolving Facility ("the Facility") comprising a Euro 250 million term loan and a Euro 70 million revolving credit facility (RCF).

Full Story: Major Loan Facility Secured By Online Gambling Group »

HABANERO GAMES FOR GWIN

02nd March, 2017 at 09:50:51
Supplier strikes integration deal with mobile platform provider

Online games developer Habanero has strengthened its positon in Asia after striking a deal to supply mobile platform provider GWIN with its full suite of HTML5 games.

Full Story: Habanero Games For Gwin »