SPAIN'S ONLINE GAMBLING MARKET HAS A SOUND FUTURE
29th March, 2017 at 19:48:16
Analyst says sector likely to deliver Euro 500 million in Revenues in 2017.
The Spanish online gambling market is alive and well and set to deliver revenues of Euro 500 million this year, says Ficom analyst Eduardo Morales Hermo. That represents a Euro 100 million improvement on the Euro 400 million GGR generated in 2016, a year ion which overall turnover topped Euro 10 billion for the first time (see previous reports).
Full Story: Spain's Online Gambling Market Has A Sound Future »
ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?
24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?
This year should see the final payment in online gambling group Amaya's 2014 $4.9 billion purchase of The Rational Group, and the Bloomberg business news service has interviewed CEO Rafi Ashkenazi (42) on plans beyond that.
Full Story: Once Rational Group Is Paid Off, Will Amaya Be Looking For Acquisitions? »
POKERSTARS CASINO MAKES THREE MILLIONAIRES IN ONE MONTH
10th March, 2017 at 19:59:37
Over $4.2 million won from million dollar jackpots at PokerStars Casino in 27 days from end-January to end-February this year..
Pokerstars online casino has released a statement detailing the award of three million-dollar jackpots within 27 days - a total of $4.2 million - with the big wins occurring on the exclusive million dollar slot Millionaires Island, which was hit twice in the period, paying out over $2.9 million to two university students.
Full Story: Pokerstars Casino Makes Three Millionaires In One Month »
BAAZOV SELLS A THIRD OF HIS DOMINANT STAKE IN AMAYA ONLINE GAMBLING GROUP
08th March, 2017 at 11:38:44
Former CEO sells off 7 million shares worth a total of Cdn 133 million...and still has plenty more at home.
Embattled former CEO and dominant shareholder of Amaya Group, David Baazov, has sold almost a third of his shares in the company, disposing of 7 million shares for a total of Cdn$133 million or 4.8 percent of Amaya's equity...and he still holds 17.6 million shares or 12.1 percent of the Amaya equity.
Full Story: Baazov Sells A Third Of His Dominant Stake In Amaya Online Gambling Group »
MASSACHUSETTS LAND CASINO OPERATORS POSITIVE ON ONLINE GAMBLING LEGALISATION
08th March, 2017 at 11:38:44
More detail from last week's hearing by the Massachusetts Special Commission on Online Gaming and Daily Fantasy Sports.
More detail has emerged from the Massachusetts Special Commission on Online Gaming and Daily Fantasy Sports hearing last week (see previous reports) with particular emphasis on the support of land casino operators in the state,
Full Story: Massachusetts Land Casino Operators Positive On Online Gambling Legalisation »
ITALIAN GAMBLING MARKET KEEPS GROWING
08th March, 2017 at 11:38:44
FY-2016 numbers show that overall market GGR up 11.4 percent y-o-y to Euro 19.16 billion.
Figures published by the Italian Ministry of Finance show that the overall gambling market...and especially the online gambling sector....kept growing in 2016, with overall GGR up 11.4 percent y-o-y to Euro 19.16 billion.
Full Story: Italian Gambling Market Keeps Growing »
PLAYTECH UPBEAT ON FY-2016 RESULTS
23rd February, 2017 at 08:37:42
A busy year for online gambling software and games developer.
Online gambling software and games developer Playtech has posted its FY-2016 results, flagging a busy year with many achievements.
Full Story: Playtech Upbeat On Fy-2016 Results »
POKERSTARS LONDON SERIES WITH HIPPODROME CASINO
22nd February, 2017 at 20:19:42
ATLANTIC CITY ONLINE GAMBLING CONTINUES TO RETURN DOUBLE DIGIT REVENUES
15th February, 2017 at 07:54:38
January figures released this week show a 28.6 percent year-on-year improvement.
Figures for January released Tuesday by the New Jersey Division of Gaming Enforcement show that Atlantic City's online gambling revenues have continued to trend upward, rising 28.6 percent year-on-year to $18.8 million and making a real contribution to land operator profits.
Full Story: Atlantic City Online Gambling Continues To Return Double Digit Revenues »
ATLANTIC CITY ONLINE GAMBLING CONTINUES TO PROSPER IN DECEMBER
13th January, 2017 at 08:31:28
Monthly revenues from online gambling reach $18.4 million - a year-on-year rise of 31 percent.
Hot on the heels of the FY2016 Atlantic City numbers released Thursday by the New Jersey Division for Gaming Enforcement (see previous report) comes the news that December 2016 was another good month for online gambling.
Full Story: Atlantic City Online Gambling Continues To Prosper In December »
SCHEINBERGS GIVE AMAYA SOME BREATHING SPACE OVER RATIONAL GROUP DEBT OBLIGATION.
10th January, 2017 at 09:18:29
Agreement extends maturity on debt of $197.7 million.
The Montreal-based online gambling group Amaya Inc. has announced that it has reached agreement with "a major creditor" (believed to be the Scheinberg family who previously owned the Rational Group) which extends the maturity on a debt obligation of $197.7 million, pre-empting the need for a dilutive equity raise.
Full Story: Scheinbergs Give Amaya Some Breathing Space Over Rational Group Debt Obligation. »
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 »
888 ONLINE CASINO PUNTER WINS $4.3 MILLION
17th December, 2016 at 06:12:54
Millionaire Genie online slot lives up to its name.
A 47-year-old female online punter in the UK is enjoying an early Christmas after hitting a $4.3 million jackpot on a stake of just GBP 1.50 at 888 online casino playing the Millionaire Genie slot.
Full Story: 888 Online Casino Punter Wins $4.3 Million »
NEW JERSEY ONLINE GAMBLING DELIVERS AGAIN
15th December, 2016 at 06:15:47
34 percent year-on-year improvement in November.
New Jersey's legal online gambling continued its winning way in November, delivering profits and tax revenues to government and operators and bolstering the languid land gambling side of the industry.
Full Story: New Jersey Online Gambling Delivers Again »
« News index »
LADBROKES CORAL SET FOR A CONTROVERSIAL AUSTRALIAN ACQUISITION BID
27th November, 2016 at 06:18:06
Bid by UK online and land gambling group may complicate Tabcorp-TATTS merger.
The newly merged Ladbrokes Coral online and land gambling group may be about to put the cat squarely among the Australian pigeons, according to reports in the Mail of Sunday, which claims that the UK corporate is planning to make an "audacious" bid for Aussie gambling giant Tabcorp.
Full Story: Ladbrokes Coral Set For A Controversial Australian Acquisition Bid »