Gambling News Archive

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Vermantia In Content Deal With Iforium

Company makes numerous key management appointments Athens, Greece software development company Vermantia will integrate its proprietary gaming platform in Iforium's Gameflex Casino Engine following an agreement signed this week. The integration of Vermantia's product will provide a wider choice of virtual, slot and instant gaming content for Iforium licencees. In related news, Vermantia significantly expanded its international management team with the appointments of Tony Plaskow as head of sales & business development and Richard Clarke as head of licensing &

By Casinomeister Oct 24, 2014

White Paper On Daily Fantasy Sports

Eilers Research examines a burgeoning sector of the market Respected online gambling researcher and analyst Adam Krejcik of Eilers Research has published an in-depth 24-page white paper titled: "Daily Fantasy Sports: The Future of US Sports Wagering?" The report takes a comprehensive look at the financial health of the burgeoning Daily Fantasy Sports market, as well as an analysis of the competitive landscape and expected industry growth through 2020. Additionally, the report explores the potential convergence of Daily Fantasy Sports

By Casinomeister Oct 24, 2014

Whither Cadillac Jack?

Amaya Gaming initiates strategic review of alternatives for B2B subsidiary Citing consolidation within the gaming machine supplier industry, Amaya Gaming has announced that it is to strategically review the potential alternatives for its B2B land-based gaming solutions subsidiary Cadillac Jack, and has engaged the services of Macquarie Capital and Deutsche Bank Securities as co-financial advisors to assist in the project. Amaya CEO David Baazov said Monday: "In light of recent consolidation within the gaming machine supplier industry, we believe that

By Casinomeister Oct 24, 2014

Winamax Loses French Sit 'n Go Court Action

Expresso vs. Twister Sit 'n Go product Online poker operator Winamax's rights infringement action against Playtech's Twister product has been dismissed by le tribunal de commerce de Paris. Winamax brought the action against Playtech saying it believed that Playtech's Twister jackpot sit 'n go (SNG) product infringed the rights of its own Expresso product. The court dismissed Winamax's claim saying there is a clear definition between the two products and although they share similar features those are not in themselves

By Casinomeister Oct 24, 2014

Yggdrasil's Latest Slot Has A 3d Undersea Theme

Reef Run is a 5 reel, 20 pay-line game Yggdrasil Gaming is making waves in the online casino market with its first 3D video slot, Reef Run, a 5 reel 20 pay-line video slot with an undersea theme that features a host of ocean dwelling creatures that include colourful Octopi, crabs and sea horses. This ocean-inspired slot has six regular symbols that transform into winning symbols if three or more are lined up in sequence on a pay-line. Players are

By Casinomeister Oct 24, 2014

A New Force In Online Gambling?

Hong Kong company to buy Vanuatu-licensed firm for $6.2 million Hong Kong-based group Amax International has announced that it is to acquire 60 percent, and control, of Forenzia Enterprises, a BVI registered investment company that holds a Vanuatu online gambling licence. The agreed consideration for the purchase is $6.2 million - a discount of 14 percent against the acquisition's value, according to independent valuators. The online gambling licence is held through Forenzia's 50 percent interest in a company titled Chartreuse,

By Casinomeister Oct 17, 2014

A Roulette Betting Exchange?

George Georgiopoulos and Gianni Galanis have a new approach to online gambling By combining a no-house-edge roulette and the broad P2P betting exchange concept in an online format, British entrepreneurs George Georgiopoulos and Gianni Galanis claim they're onto a winning proposition, reports the magazine Quartz. In roulette the broad odds of the ball landing on an odd number are equal to the odds of it landing on an even number, but the addition of a 0, or even a 00,

By Casinomeister Oct 17, 2014

A.g.a. Criticised Over Position On Legalised Online Gambling

Party Poker chief accuses trade association of betraying the industry The American Gaming Association's about-turn on legalised online gambling last year (see previous InfoPowa reports) clearly still rankles with Party Poker's US online poker chief, Jeffrey Haas, who has accused the trade body of "betraying" the online gambling sector in its decision to cease supporting legalised internet gambling in favour of a hands-off neutral position. Commenting on the issue during an interview with the publication Bluff, Haas said the abrupt

By Casinomeister Oct 17, 2014

Amaya Reveals Rational Group Poker Numbers

In a report on its acquisition of the Pokerstars and Full Tilt parent group, Amaya publishes some impressive numbers Because it was never a publicly-listed company the Rational Group, parent of Pokerstars and Full Tilt Poker, has in the past not been required to reveal its financial results, but new owner Amaya Gaming changed that this week with the publication of the company's current half-year numbers as part of a report on the $4.9 billion acquisition deal. Outstanding among these,

By Casinomeister Oct 17, 2014

Angell The Victor In U.k.i.p.t. Grand Final Poker

Brit amateur player takes home GBP 115,083 Five days ago the final United Kingdom and Ireland Poker Tour (UKIPT) of Season 4 kicked off in London with 1,089 runners vying for the big money… almost 32 levels later only one player was left standing - Brit IT worker and poker amateur player Brett Angell. Angell has been a regular entrant in UKIPT tournaments over the last few years, but this time he bested all comers and took home a first

By Casinomeister Oct 17, 2014

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