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AIM listed Media Corporation the owners of Intabet have announced that they will cease operation and investment of its Intabet sports betting platform. After a review into its sports betting platform and technology, directors at Media Corporation concluded that future investment in Intabet technologies would no longer be viable and Intabet operations did not fit with Media Corporation Plc plans. …

On the surface, Indian horse racing is growing strongly. Annual betting turnover rose 53.2 percent to INR 30.25 billion ($498.5 million) between 2006 and 2011, according to figures provided to the International Federation of Horse racing Authorities. The annual number of races run rose 28.2 percent to 3,312 over the period.   But there are signs of disquiet. “There haven’t …

Sportech operators of betting pools and horse racing have seen a dip in operational performance with regards to revenue generation and profits from its range of gaming services. Sportech published its six month interim report for 2013, publishing that adjusted profits fell from £7.4m to £5.9m on  revenue flat at £57m. The Liverpool based company noted that first half loss in its …

igaming software services and gaming entertainment provider Net Entertainment has announced the release of its latest mobile video slot “Reel Rush Touch™. The slot specially redesigned for mobile and tablet gaming devices features an incredible 3125 winning combinations for players to select. other features for the slot include a re-spins function and a free spins bonus rounds. The Net Entertainment …

Probability mobile software and mobile gaming operator brands Moobile and Ladylucks casino have announced that chief operating officer Matthew Sunderland has resigned from his position and left the company to pursue opportunities outside of the UK. An official statement from Probability PLC the mobile operator mentioned that there are no immediate plans to appoint a replacement, as the company would …

Gaming Intelligence Quarterly the igaming magazine released its igaming industry report for the Q1 period of 2013. GIQ magazine announces Amaya, IGT and Gala Coral  as the industries biggest movers in terms of Revenue generation. The report aims to summarize digital performance of igaming operators for Q1 from reported/listed operators in-line with their corporate communications regarding performance for 2013. The …

iGaming operators targeting the UK gambling market are set to be imposed a 15% gambling tax rate. The new set of gaming tax laws state that from December 2014 gambling tax will be set according to where the customer wagers rather than where the online operator is operationally registered. The purposed 15% tax rate on gaming revenues is set to …

William Hill have ceased igaming operations targeting the Chinese Market as of today (August 19th). The gaming operator cited Chinese national regulations as the main reason for withdrawing its operations from the region. William Hill will no longer be taking any wagers from Chinese credit or banking accounts on any of its digital platforms. The operators decision will also affect …

Rank Group the gaming corporation that owns and operates gaming companies – Grosvenor Casinos, Top Rank Gaming, Mecca Bingo, Gala Group and Rank Espana, have published full-year results for the period of 1 January 2013  to 30 June 2013 (Group Interim Report). Rank Group reported a steady performance for the first six months of 2013. The Group saw total gaming …

European football governing body UEFA has disqualified Ukrainian football club  Metalist Kharkiv from the Champions League qualifications stages for match-fixing and may now reinstate Greek club PAOK Thessaloniki as their replacement.Yesterday, Metalist lawyers attended a two-hour disciplinary hearing at UEFA headquarters, and the body stated that the verdict should be expected within 24 hours. Metalist was scheduled to play Germany’s …