Gambling News Archive

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Adelson Pushes Back On Internet Gambling

New drive sees the usual Adelson suspects using Youtube There are signs this week that Sheldon Adelson's Coalition to Stop Internet Gambling is moving up a gear amid reports that political attempts to push a banning bill through the US House of Representatives in the dying moments of the current Congressional session have failed (see previous InfoPowa reports). Neither the tactics nor the message appear to have changed very much; there's an attempt to distribute a letter from the FBI

By Casinomeister Nov 21, 2014

Agtech To Acquire Mobile Lottery R7d Company

$63.12 million consideration agreed Hong Kong online gambling group AGTech Holdings has announced an acquisition agreement that will see it paying $63.12 million for research and development company Score Value, positioning itself for potential growth in China's mobile lottery market. Score Value is also involved in the sale of hand-held lottery sale equipment, as well as the design of lottery games and system development. John Sun, chairman and CEO of AGTech said in a statement to the Hong Kong Stock

By Casinomeister Nov 21, 2014

Ainsworth Gaming Eyes Online Social Casino Sector

Players Paradise social casino due to launch in January, with another to follow Ainsworth Game Technology, an Australian gambling equipment and games supplier, is to enter the online social casino sector with two offerings, the first scheduled to launch early next year, titled Players Paradise. Revealing his company's intentions this week, Ainsworth CEO Danny Gladstone said that earlier this year Ainsworth had partnered with digital platform provider 616 Digital in a joint venture to enter the social casino sector. Paradise

By Casinomeister Nov 21, 2014

Americas Cardroom To Host Winning Millions Poker Tournament

Guaranteed prize pool of one million dollars Online poker operator Americas Cardroom will host the "Winning Millions Poker Tournament" guaranteeing a prize pool of $1 000,000 and the victor a payday of $200,000. Qualifiers for the $540 buy-in no-limit Texas Holdem tourney, which will be held on Sunday, December 14th at 3:00pm ET, will be run through 600 individual satellites. Americas Cardroom is marketing the tournament as the biggest online poker tournament from a US facing poker network in more

By Casinomeister Nov 21, 2014

Arrest Without Trial For Two Years Used In Malaysian Gambling Bust

Police report the first use of a controversial and truly draconian law The alleged ring leader of a Klang Valley illegal online gambling business in Malaysia has become the first person to be arrested under recently passed controversial laws allowing individuals to be detained or restricted for two years without trial. The Prevention of Crime Act (Amendment and Extension) Act 2013 covers drug trafficking, triad activities and organised crime, and allows suspects to be detained without trial for up to

By Casinomeister Nov 21, 2014

Atlantic City Decline Continues In October

Year-on-year overall decline of 4.4 percent reported by the regulator October was another bad month for Atlantic City land casinos, with revenues down 4.4 percent compared with the same period last year, the New Jersey Division of Gaming Enforcement reported Thursday. Total gaming win was $207.2 million compared to $216.9 million in October 2013, with land casino win at $197.7 million and Internet gaming win at $9.5 million… down 7.5 percent on September 2014. On a year-to-date basis, internet gaming

By Casinomeister Nov 21, 2014

Aussie Online Sports Firm Launches A.t.m. Card

A convenient way to collect winnings for punters Downunder Paddy Power's Australian online sports betting subsidiary Sportsbet has announced the launch of a branded cash card, giving instant access to punters who want to collect their winnings from automated teller machines (ATMs) Sportsbet customers can withdraw their winnings as cash at any ATM or use the card via eftpos anywhere in Australia, the announcement reveals. They can transfer winnings to their Sportsbet Cash card on all of the bookmakers wagering

By Casinomeister Nov 21, 2014

Bally Shareholders Approve Scientific Games Merger (update)

Overwhelming vote in favour of $5.1 billion merger deal Bally Technologies shareholders have overwhelmingly approved the company's $5.1 billion merger deal with Scientific Games, the company announced Wednesday. Voting at a special shareholders meeting, Bally stockholders approved the merger agreement and plan of merger, dated as of August 1, 2014. More than 99.61 percent of the votes represented and cast at the meeting, or approximately 76.97 percent of the total outstanding common stock eligible to vote as of the October

By Casinomeister Nov 21, 2014

Betfair Strikes Deal With Golden Nugget Ac (update)

Partners in New Jersey market Betfair will move its New Jersey online gaming operation to the Golden Nugget Atlantic City after striking a deal with Landry's this week. Golden Nugget Atlantic City will now offer two online casinos to those eligible to play in New Jersey, GoldenNuggetCasino.com and BetfairCasino.com, both of which will operate independently under Golden Nugget's Internet gaming permit, regulatory approvals permitting. "We are very excited to move our operations to Golden Nugget Atlantic City, one of the

By Casinomeister Nov 21, 2014

Betsson Invests In Sports App Developer

Rush Football is an app for event-driven real-time betting Two Swedish companies, online gambling group Betsson and Rush Sports AB, have announced an investment deal in which Betsson has acquired 20 percent of the company in return for an investment of SEK 1.8 million and a 3 year option to acquire the remainder of the stock. Founded by the developers of successful apps Forza Football and Forza 90', Rush Sports is a start-up app developer which is offering Rush Football,

By Casinomeister Nov 21, 2014

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