ANOTHER FOBT RED FLAG FOR UK BOOKIES (Update)
23rd March, 2017 at 09:52:25
Fitch Ratings opines that staking limit cuts could benefit the online side of the industry.
British MP John Whittingdale's warning earlier this week that UK bookmakers should brace themselves for FOBT staking limit restrictions (see previous report) has been echoed by the respected Fitch Ratings organisation, which said in a statement Wednesday that retail betting shop operators like Ladbrokes and William Hill could be particularly hard hit if staking limits are drastically reduced.
Full Story: Another Fobt Red Flag For Uk Bookies (update) »
CHINA'S TIGHTER CONTROLS ON CAPITAL RESULT IN MAJOR DROP IN OUTGOING INVESTMENT
21st March, 2017 at 11:24:11
Foreign companies likely to feel the impact as Q1-2017 sees a significant 74 percent decline in outgoing investment capital.
The Chinese government's tightened controls on capital as it struggles with a sluggish economy will likely impact nations, especially emerging economies, and companies outside the massive country, according to a report by risk consultants Steve Vickers & Associates.
Full Story: China's Tighter Controls On Capital Result In Major Drop In Outgoing Investment »
CALLS FOR HIGHER GAMBLING TAXES IN KENYA
20th March, 2017 at 07:18:24
Operators brace for rising costs as parliamentary advisers call for more taxation.
Despite warnings from the Kenya Revenue Authority that increasing the tax burden on the country's gambling industry runs the risk of a goose and golden egg scenario, the Parliamentary Budget Office (made up of multi-disciplined experts who advise elected officials) has called on Treasury Cabinet Secretary Henry Rotich to do just that in his 2017/2018 Budget presentation scheduled for March 30, 2017.
Full Story: Calls For Higher Gambling Taxes In Kenya »
MEDIALIVE SHOWING OFF VIRTUAL REALITY GAMBLING PRODUCTS AT ITALIAN EXPO
16th March, 2017 at 16:15:59
Live roulette attracting a lot of interest, media reports indicate.
Live casino software developer and provider Medialive is attracting attention at the currently running ENADA expo in Rimini, Italy with its new virtual reality live roulette product, according to local reports.
Full Story: Medialive Showing Off Virtual Reality Gambling Products At Italian Expo »
SCIENTIFIC GAMES SHAKEN NOT STIRRED
08th March, 2017 at 19:35:04
Nabs exclusive licensing deal for iconic James Bond franchise.
Scientific Games Corporation (SGC) has clinched an exclusive licensing deal with EON Productions Limited, Danjaq, LLC and MGM Interactive Inc. for the development of James Bond branded casino products across land-based, lottery and social slots gaming.
Full Story: Scientific Games Shaken Not Stirred »
CASUMO IN MARKETING PARTNERSHIP WITH SSE ARENA
08th March, 2017 at 15:11:19
BETCONSTRUCT TAKES ITS PROMOTIONAL ACTIVITY ON THE ROAD
06th March, 2017 at 06:25:03
Online sports betting technology supplier launches the first of its international roadshows.
BetConstruct, the online sports betting technology provider, is taking its promotional activity to the people, announcing the launch of its first roadshow designed to showcase products and give potential clients a hands-on opportunity to experience them.
Full Story: Betconstruct Takes Its Promotional Activity On The Road »
MORE OPPOSITION TO KENYA GAMBLING REFORM PROPOSAL (Update)
03rd March, 2017 at 09:20:39
Kenya MP Jakoyo Midiwo takes more flak on his flawed online gambling proposals.
By noiw you would have thought that Kenya MP Jakoyo Midiwo would have had enough of a battering over his gambling reform proposals to call it a day; from gambling operators and the Interior Ministry to the taxman, his Betting, Lotteries and Gaming (Amendment) Bill, 2016 has been roundly hammered and criticised, exposing serious flaws.
Full Story: More Opposition To Kenya Gambling Reform Proposal (update) »
ITALIAN ONLINE GAMBLING BOSS SENTENCED
27th February, 2017 at 09:44:57
Three-year judicial process concludes with heavy jail sentence for Nicola Femia.
Nicola 'Rocco' Femia, an Italian entrepreneur allegedly linked to organised crime, has been found guilty in a Bologna court and sentenced to almost 27 years in jail following a three-year judicial process arising from his involvement in illegal online gambling operations in the Emilia-Romagna region.
Full Story: Italian Online Gambling Boss Sentenced »
SLOTFATHER II ON THE WAY
27th February, 2017 at 09:44:57
BetSoft advised March 20 launch date for latest version of a popular online slot.
Online gambling games developer BetSoft made much of its upcoming sequel to the popular Slotfather slot at the recent ICE expo in London, and has followed this up with an advisory that Slotfather II is set for release on March 20.
Full Story: Slotfather Ii On The Way »
WILLIAM HILL TO CONFIRM BOWCOCK IN C.E.O. POST?
22nd February, 2017 at 07:52:44
Fruitless nine-month search for a replacement for previous leader James Henderson.
According to reports in the Financial Times Wednesday William Hill plc is about to confirm acting CEO Philip Bowcock as permanent chief executive, following a fruitless nine-month search during which the UK bookmaker has reportedly been rebuffed by several external candidates.
Full Story: William Hill To Confirm Bowcock In C.e.o. Post? »
ALLEGED LIVE DEALER CHEATING CREATES A FURORE AMONG BLACK JACK PLAYERS
21st February, 2017 at 08:50:33
BetOnline receives some unwelcome exposure on Youtube.
Cheating whilst on a live dealer camera would not seem to be a viable or even sensible proposition, but a furore over exactly such an event hit the internet over the weekend, when a Youtube vid purported to show a black jack player being shafted by a dealer on the BetOnline site on January 25 this year surfaced.
Full Story: Alleged Live Dealer Cheating Creates A Furore Among Black Jack Players »
VR-AR CONFERENCE PLANNED FOR APRIL THIS YEAR
17th February, 2017 at 08:44:56
Early spring in Prague can't be a bad idea...
Virtual and Augmented reality gambling technology developers and users will have a chance to network and exchange ideas and information in April this year when Smile-Expo puts on its major conference covering the industry in Prague, Czech Republic.
Full Story: Vr-ar Conference Planned For April This Year »
NEW STUDY PREDICTS E-SPORTS REVENUES WILL GROW 41.3 PERCENT THIS YEAR
15th February, 2017 at 07:54:38
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WILLIAM HILL AND REFLEX GAMING FORMALISE CONTENT SUPPLY AGREEMENT
08th February, 2017 at 11:16:59