888 Holdings published its earnings report for 2013, the results saw a positive performance for 2013 as the operator generated a record turnover. 888 Holdings posted a full year revenue of $401 million (€290.6 million), the figure represent a 7% increase on the $376 million posted by 888 Holdings for 2012. 888 holdings B2C division, contributed the majority of revenue …
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GamCrowd specialists in crowd funding and crowd sourcing for the igaming industry , have announced the appointment of ex-Ladbrokes egaming and Scientific Games Chief Financial Officer Andrew Bowen. Bowden joins the newly formed crowd funding vertical as Chief Financial Officer Andrew Bowen is a veteran of the igaming industry, he was a key member of the Ladbroke Plc team that set …
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Dr Simon Dymond of Swansea University has studied what drives addictive behaviour in slots players. His study breaks down the psychological factors players attribute to near wins on the machines and how their minds react to symbols displayed on the slot reels. Dymond and his team believe that players addictive traits in certain players are triggered by brain reactions/impulses to perceived …
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UK gambling operator Ladbrokes Plc urged the UK Government to rethink its plans to increase tax levied on profits generated from fixed odds betting terminals (FOBT’s). The operator claimed that unfair tax levying on the UK bookmakers could cost the industry around £75 million a year. The tax rate issued on FOBT’s is set to rise from 20% to 25% …
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GTECH S.p.A. has reorganised its Americas management team to meet its customers’ growing needs for an integrated offering across multiple gaming channels, including lottery, VLT, commercial casino, and interactive gaming. It has also created a new Lottery Management Services structure to meet lotteries’ increasing needs for greater efficiency and reliable profits through private or outsourced management services provided by GTECH. The new management team, …
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Tottenham Labour Party MP, David Lammy met residents and councillors outside the Sugar Cane pub, in Lordship Lane, Wood Green to protest against sports betting operator Paddy Power plans to open a third retail betting shop in the area. The bookmaker plans to turn the privately owned pub site, into an area Paddy Power bookmaker. Lammy and protestors are concerned …
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Nominations are now being taken for the Betting on Football Awards being held in London on 8 May. Held on the evening of the Betting on Football Conference, the Betting on Football Awards features four different categories. Companies have up until April 4 to be nominated for the four awards, which are: Best Football Innovation – for the football-themed product …
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In a drive to target unlicensed igaming operators, the Belgian Gambling Commission (BGC) has updated the country’s Gambling Act, passed in 2011. New amendments issued to the Gambling Act of 2011, will allow Belgian authorities to prosecute Belgian players wagering on unlicensed igaming operators. Belgian players who choose to wager on unlicensed igaming operators could face severe fines of up …
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SBC affiliate correspondent Marc Pedersen reports from the iGaming North America show at Planet Hollywood in Las Vegas. I’ve only been out at the iGaming North America conference for one day, but already I’m getting a good feel for how the market is setting itself with regards to the opening up on online gaming. While there is lots of media …
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Spanish media giant MARCA, famous for its daily coverage of Real Madrid, has entered the social gaming arena thanks to a partnership with social betting technology supplier Oddslife Ltd. Using the Oddslife platform, MARCA has launched ‘MARCA EL GURU’ – a customised social sportsbook platform that allows users to engage and compete with each other using their knowledge of sports. …
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