iGaming

Online gaming operator 32Red has reacted with bemusement over the ‘sharp fall’ in its share price in recent weeks on the back of another year of record revenues. The operator suggests that it has suffered because other gambling firms have also seen their shares drop, but that was as a result of the UK Budget imposing greater taxes on retail …

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 …

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 …

Malta based betting arbitrage bookmaker – Yobetit has announced the appointment of Nikolai Livori as CEO. Livori will step up to take charge of the operator, from his previous position as Chief Technical Officer (CTO). As CTO of Yobetit Livori was a key figure in developing the operator’s home grown arbitrage betting platform, which debuted to the igaming public in …

Gala Interactive, the interactive division of gambling operator Gala Group and operator of igaming brands – Galabingo, Coral.co.uk, Eurobet and Galacasino, has announced the soft launch of Gala.se, the operator’s first foray into the Scandinavian igaming market. Gala.se will initially target Swedish casino and slots players, with the launch of its new brand. The brand will be operated from the …

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, …

Australian bookmaker Sportsbet has filed a Supreme Court injunction against Beteasy, in order to halt staff members defecting to new online betting operator Betasy.com. BetEazy.com, is the new sports betting brand of ex Sportsbet Managing Director and Founder Matthew Tripp. Sportsbet, who are owned by Irish gambling operator – Paddy Power filed a court injuncation with the State of Victoria …

Realistic Games and Paddy Power have created an industry first by embedding blackjack and roulette into the operator’s new sportsbook iPad App. The products allow users of the latest version of the App to switch between their betting slip and the table games without having to transfer money or leave the sportsbook. Paddy Power launched the games in time for the …

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 …

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 …