Online Gambling Revenues Up 19 Percent In Spain

FIFA World cup betting boosts the numbers Q3-2014 numbers released by Spanish regulator the Dirección General de Ordenación del Juego, show that the FIFA World Cup football gave Spanish online sports betting revenues a boost in the quarter. Overall online gambling revenues reached Euro 62 million, a year-on-year rise of 19 percent, and Euro 2.8 million better than Q2-2014, which was already an impressive quarter. With a 35 percent y-o-y rise in revenues, online sports betting was the top performer

By Casinomeister Nov 21, 2014

Online Gambling Safe From Congressional 'lame Duck' Sessions?

But PPA advises to be on the alert for other political manouevres John Pappas, the usually well-informed executive director of the Poker Players Alliance, has revealed that the House Judiciary Committee will not advance the Restoration of America's Wire Act banning online gambling in the 'lame duck' session as Congress winds down in the current season. Pappas noted on Twitter: "Inside info, planned Internet #poker hearing in House Judiciary cmte has been pulled. Need to remain vigilant for other lame

By Casinomeister Nov 21, 2014

Ontario And Quebec In Online Gambling Talks

As Ontario prepares to launch, discussions on how to combat unlicensed competition With the launch of its own provincially licensed and regulated online gambling enterprise imminent, Canada's Ontario province has revealed that it has been in talks with the province of Quebec regarding matters of mutual internet gambling interest. The Sun newspaper reports that the discussions have included measures to keep out unlicensed operators by providing safe alternatives controlled by the provinces, quoting Ontario Finance Minister Charles Sousa. The Ontario

By Casinomeister Nov 21, 2014

Optimal Payments Addresses Speculation On Share Price

Explains that CEO used some of his shares as collateral for a loan Neteller parent Optimal Payments plc issued a statement Friday in an attempt to address speculation which has apparently caused a weakness in its share price. The speculation appears to be related to the use in April by CEO Joel Leonoff of 1.5 million of his share options as collateral for a loan of around GBP 4 million. Leonoff has a total of 4,133,843 shares in the company

By Casinomeister Nov 21, 2014

Pala Casino Executes New Jersey Soft Launch

New online gambling competitor seeking NJ players for test period The latest arrival on the New Jersey internet gambling scene - Pala Interactive's new Pala Casino.com, has just undergone a soft launch and is seeking players to participate in its test phase under a Division of Gaming Enforcement transactional waiver. To comply with local regulations, Pala Interactive, which is headed by former Bwin.Party CEO Jim Ryan, has partnered with New Jersey's largest land-based casino, Borgata Hotel Casino and Spa. The

By Casinomeister Nov 21, 2014

Picante Signs Up For Betsoft Content

Operator will take full range of mobile and desktop games Online gambling software developer BetSoft has signed up operator Picante Gaming and Global Gaming Labs for its full inventory of desktop and mobile games. The games will be used on the websites Picante Gaming.com and GGaming Labs.com. "Picante Gaming is an ideal partner for us," said Mark Allison, BetSoft account manager Friday. "Their powerful platform, built by Global Gaming Labs, is a welcoming place for players of all skill levels.

By Casinomeister Nov 21, 2014

Pokerstars Acquisition Boosts Amaya Performance

Major improvements in income and revenues posted Amaya Gaming's $4.9 billion acquisition of the Rational Group, parent of Pokerstars and Full Tilt, is clearly having a major impact on the Montreal-based company's performance, judging by its latest third quarter results posted this week. Highlights of the performance included: * Revenue soared from C$39 million in Q3-2013 to C$239 million - a six fold rise; * Adjusted net income similarly rose to C$70 million from C$7 in the third quarter of

By Casinomeister Nov 21, 2014

Russian Operator Forges Khanakwake Accreditation

Steer clear of any operation that resorts to these deplorable marketing tactics Players are warned to steer clear of online gambling site Cyber-bets.com following the discovery that the allegedly Russian operator had created a fake Kahnawake Gaming Commission accreditation page, replete with the regulator's logo. Reacting to the exposure, the KGC has sent the operator a cease and desist warning, to which the operator has apparently not yet responded. When InfoPowa went to press Thursday morning the offending page was

By Casinomeister Nov 21, 2014

Social Gaming Does Not Lead To Problem Gambling

New study of a 12 million-player sample over a one month period debunks claims that social gambling endangers the young Intensive and independent research on a study sample of 12 million international players over a month's social gaming supplied by five major operators has shown that fears that social gaming increases the chances of problem gambling developing among the young are unfounded. The study was carried out at the request of the International Social Games Association by the Harvest Strategy

By Casinomeister Nov 21, 2014

Social Gaming Firm Changes Hands

Majesco sells off loss-making GMS Entertainment to PariPlay It looks as if video game and wannabe social gaming operator Majesco has run into trouble; the company has warned in a stock exchange advisory that its recent losses raise doubts on its ability to survive, and has disclosed that it has sold off the loss making GMS Entertainment social gaming subsidiary to PariPlay. Majesco has advised that its loss on the social gaming venture is between $1.3 million and $1.7 million.

By Casinomeister Nov 21, 2014

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