Garry Knowles is to leave Webis Holdings after 10 years at the Isle of Man firm. The group, which until recently operated Betinternet.com, announced his departure yesterday, with almost immediate effect. In an announcement to investors, it said: “The board of Webis announce that by mutual agreement, Garry Knowles will step down as Group Managing Director and terminate his employment …
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NYX Gaming Group has snapped up the Chartwell Technology and Cryptologic businesses from Amaya via a share purchase agreement valued at CA$150,000,000 (£80.8m). The transaction is anticipated to close before the end of the third quarter of 2015 and is subject to financing and other customary closing conditions. Amaya said that the sale is consistent with its previously announced plan …
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Amaya has reiterated that it believes the company has done nothing wrong after a Quebec court’s decision to lift the publication ban on the redacted warrant and supporting affidavit for the search of various entities, including Amaya, in mid-December 2014 by Quebec’s securities regulator AMF. The searches were related to the AMF’s investigation into trading in Amaya securities leading up …
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In response to Windsor West MP Brian Masse letter to the NHL governance asking for the support of Bill C-290, which will look to amend Canada’s Criminal Code regarding sports betting. The NHL has stated that it remains opposed to the introduction of single-sports betting in Canada. The response written by NHL Deputy Commissioner Bill Daly stated “We continue to …
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FansUnite, a social betting site that uses virtual currency, has rolled out its much-anticipated PickTracker software. This feature will enable users to analyse their betting history by allowing the user to view historical data and break down their past picks by sport, league, or bet-type and helping the user to look critically at their own betting patterns. The idea behind …
Read More »Canada enters Super Bowl XLIX weekend with the publicised delay of Bill C-290, after both political parties had agreed (in 2014) for the single sports betting bill C-290 to be reviewed by the Canadian House of Commons in early 2015. Bill C-290 would amend Canada’s criminal code with regards to sports betting, by allowing licensed gambling premises to allow wagers …
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A computer program that taught itself to play poker has created nearly the best possible strategy for one version of the game, showing the value of techniques that may prove useful to help decision-making in medicine and other areas. The program considered 24 trillion simulated poker hands per second for two months, probably playing more poker than all humanity has …
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While US sports betting’s 2014 agenda has been dominated primarily by New Jersey states attempt to approve sports wagering within legalised gambling premises (casino and race tracks). US concerns on sports betting, may soon shift cross border to Canada where authorities and media have begun to debate the legalisation of sports betting. Next January the Canadian Senate will review Bill …
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Mark Gibson, Business Development Director at mkodo, says that an effective user interface can make an operator stand out from the crowd. The online sportsbook market is a relatively mature one and, certainly, a competitive one. Market advantage for operators is hard-won and probably even harder to maintain with substantial pressure being placed on user-loyalty through the widespread use of …
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Global news resource Reuters has reported on the UK betting industry and its attempts to tackle problem gambling using an algorithm developed by Harvard scientists. The algorithm monitors win-loss responses, average stakes and betting frequency which bookmakers intend to use this to pinpoint risky behaviour. A similar system has been introduced by some state operators in Canada. At Harvard Medical …
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