North America

During yesterday’s 2014 earnings call Amaya Gaming CEO David Baazov indicated that the company was exploring entry into the burgeoning US fantasy sports market. Baazov indicated that Amaya views a great cross over fit between Poker and daily fantasy sports consumers. Baazov stated that the company would look to launch fantasy sports operations by the second half of 2015, targeting …

Reporting on its first ever annual performance after acquiring poker operators PokerStars and Full Tilt from Rational Group, Amaya Gaming recorded increased corporate revenues of CAD $688 million up 371% from 2013 CAD $145 million (pre PokerStars & Full Tilt acquisition). The introduction of Rational Group poker operations to its services has seen Amaya record adjusted EBITDA earnings of CAD …

888poker has been confirmed as the lead poker room sponsor of the World Series of Poker 2015 (WSOP 2015). The WSOP 2015 which will run from 27 May to 14 July at the Rio All-Suite Hotel Casino is the world’s largest poker tournament. The 888poker brand will be displayed throughout the tournament venue during the poker series, and will receive …

Toronto listed Amaya Gaming Plc has confirmed that it has entered a definitive agreement for the sale of slot manufacturer Cadillac Jack  to AGS an affiliate of fund management firm Apollo Global Management LLC. Amaya Gaming has agreed to sell its subsidiary slots manufacturer for a reported CAD $476 million (+ £265 million), as the company chooses to focus its …

London AIM listed igaming marketing and player acquisition specialist XLMedia published its year end 2014 financial performance recording top line metric growth on all key metrics. A successful 2014, saw XLMedia increase gross revenues by 47% to $50.7 million (FY 2013: $34.5 million). The operator was able to report EBITDA growth of 28% to $17 million (FY 2013: $13.3 million). …

Licensed Nevada sports betting enterprises are expecting between $50-$60 million to be wagered on the 2 May mega fight between Unbeaten Floyd ‘Money’ Mayweather vs Manny ‘Pac-Man’ Pacquiao. Licensed Las Vegas sportsbooks expect the weekend of 2 May to rival betting wagers placed on this year’s NFL Super Bowl. Last week Mayweather vs Pacquiao fight officials revealed that the fight …

Geo-location services provider GeoComply continued its fight for American online poker players, with CEO Anna Sainsbury testifying at a presentation in Washington DC yesterday morning. The company was instrumental in the genesis of pooled poker liquidity across Nevada and Delaware, with its technology enabling both launches and GeoComply supplying both states’ iGaming markets GeoComply was represented by Sainsbury in a presentation entitled “How Does …

Bill 1011 which seeks to terminate the operations of fixed odds instant win betting terminals in Idaho’s racing tracks has progressed through the state House of Representatives after receiving majority approval. The bill now awaits the signature of the Idaho Governor Butch Otter to be passed into state law. Throughout the week the Idaho House had heard the arguments against …

The New York Business Journal reports that US daily fantasy sports operator DraftKings has opened discussions with Walt Disney Co, with regards to a potential venture investment that could see the Seattle based start-up valued at $1 billion. At present the US sports market is seeing a tug of war being fought between heavily backed fantasy sports operators DraftKings and …

Paddy Power has placed Former US Secretary of State Hilary Clinton as firm favourite to win the 2016 US General Election. The bookmaker has opened its market for US 2016, as the first major candidates announced their intentions to run for presidency. Presenting the market to Business Insider, Paddy Power stated that it had taken on over 5000 bets since …