bwin.party senior management have spoken out against activist investor SpringOwl’s proposed board nominations. The investment vehicle, which currently owns 5.25% of bwin.party shareholdings, had criticised the operator’s management, claiming that it needed new strategy and experienced technology managers in order to create future company value and growth. SpringOwl led by US finance and equity analyst Jason Ader, moved to add …
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Cohen Joins Akamon Studios as Chief Product Officer
Social gambling studio Akamon have announced the appointment of Alex Cohen as Chief Product Officer. Cohen joins the from gambling software provider – Quickspin, where Cohen headed up game design for four years. Cohen will be tasked with managing all product verticals for the Spanish based social gaming studio. Cohen has been further supported with the recent news that Akamon …
Read More »SNP raises concerns over FOBT’s in Scotland
The Scottish National Party (SNP) has called for further regulation regarding Fixed Odds Betting Terminals (FOBT’s) in the UK. The political party who are rallying for the independence of Scotland from the UK, reported that £4.4 billion (€5.3 billion/$7.4 billion) had been wagered FOBT’s in 2013, raising concerns on problem gambling in Scotland. SNP politician Stuart McMillan raised supported for …
Read More »Titan Bet offers best job in the world for Brazil 2014
Online sports betting operator Titan Bet has begun a search for its World Cup 2014 correspondent. One lucky person will be flown to Brazil to cover the biggest football tournament in the world. The operator launched its ‘Best Job in the World Campaign’ through social media campaigns in order to find a special reporter to cover Titan Bet reporting for …
Read More »Svenska Spel deploys Betradar live odds service
Betradar, supplier of sports and betting-related data, has announced that Svenska Spel has deployed the company’s Live Odds Service in their betting offer. Betradar’s Live Odds Service is a fully automated and integrated in-running trading service to offer a broad variety of live betting sports and markets. In total the Betradar live betting portfolio covers 15 different sports with over 12,000 matches per …
Read More »IGT post 66% decline in earnings – Q2 2014 figures
International Game Technology (IGT) – manufacturer of slots and gambling software, has posted its 2014 Q2 earnings report in which the company reported a 66% decline in earnings. During the quarter, IGT posted a net income of $25.7 million, compared to the $78.2 million generated in the same three-month period in 2013. Further bad news regarding corporate performance saw the …
Read More »No Carnival for Robbie Waterhouse
Victoria’s Premier Denis Napthine has come under fire for lobbying to allow Robbie Waterhouse, father of high profile bookmaker Tom Waterhouse, to take bets at Warrnambool Racecourse. Australian gambling state regulator Racing Victoria confirmed that it will stand by its decision not to allow the Tom Waterhouse business (now owned by William Hill) to accept wagers at the upcoming Warrnambool’s …
Read More »NetEnt launch Alien Slot on desktop and mobile platforms
Net Entertainment announced the launch of its latest branded slot AliensTM for desktop and TouchTM portfolio. Hatched from the cult sci-fi horror franchise, using innovative real-time 3D graphics, AliensTM plunges players deep into space on a mission to shoot through waves of attacks in infested premises to reach the Queen Hive. There are three thrilling levels to survive that feature re-spins, wild substitutions, collectable …
Read More »Gibraltar Government to review telecom infrastructure after fire at the Water Port Station.
Gibraltar government officials are set to launch an urgent review into its telecom infrastructure following the Easter Sunday fire at the Water Port Station. The fire disrupted the services and operations of numerous igaming operators, including Betfred, BetVictor and Ladbrokes. Website operations were affected by the fire as several operators could not accept wagers on a busy Sunday of sports …
Read More »Majestic Star Casino partners with Bally Tech
International gambling supplier Bally Technologies INC has been selected by Majestic Star Casino & Hotel as supplier for its igaming inventory. The land based casino plans to enter the regulated US igaming market using Bally Technologies newly built interactive gaming platform. The casino plans to utilize the iGaming platform to provide its players with an array of play-for-free poker, slot, …
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