Gambling News Archive

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Pokerstars Leverages Interest In A Popular Video Game

Online poker giant gets Grand Theft Auto-style exposure in new ad The power of in-game advertising in the multi-billion dollar global video gaming industry has attracted many top companies seeking fresh exposure for their products, and online poker provider Pokerstars appears to have joined their ranks by launching a standalone ad with a distinctive Grand Theft Auto feel. Pokerstars marketers have cleverly leveraged the interest in the perennially popular Grand Theft Auto game in the promotion of the poker company's

By Casinomeister Oct 17, 2014

Rank Plc Reports On Past Fifteen Weeks

Few fireworks in latest IMS The UK listed online and land gambling group Rank plc issued a brief interim management statement for the 15 weeks to Thursday, reporting a 3 percent increase in like-for-like revenues over the period driven by the performance of the Grosvenor Casinos brand. Total revenue increased by 2 percent, with the digital division delivering revenues up by 4 percent following a recent TV marketing campaign and a more competitive sign up bonus. The Grosvenor Casinos brand

By Casinomeister Oct 17, 2014

Shuttered Land Casinos Impact September Stats For Atlantic City

Revenues decline 13 percent in September 2014 The closure of three more land casinos in Atlantic City - Revel, Trump Plaza and the Showboat - has inevitably impacted September revenues released by the New Jersey Division of Gambling Enforcement, which released the latest monthly statistics Wednesday. Overall revenues were down 13 percent on the same period last year despite the inclusion of internet activity, which had not started a year ago. Operators won $209.4 million, down 12.8 percent from $240.2

By Casinomeister Oct 17, 2014

Skybet Revenues Up 60 Percent Year-on-year

Outstanding performance for BSkyB subsidiary The UK online gambling operator Sky Betting and Gaming has posted an outstanding quarterly report showcasing a 60 percent rise in revenues to GBP 56 mikllion. In the three months ended September 30, Skybet scored heavily from the FIFA World Cup, which ended in July 2014, but other verticals performed well too. Online Casino News Courtesy of Infopowa More news here.

By Casinomeister Oct 17, 2014

Slots For Spain

Regulator to issue an unspecified number of new casino licenses In an effort to revive Spain's overtaxed and flagging online gambling industry, regulator the Directorate General for the Regulation of Gambling has announced that an unspecified number of new casino gaming licenses (to include slots) are to be offered to operators interested in expanding and the potential of the market. The licenses will be available for both existing licensees and operators who have not yet entered the market, the regulator

By Casinomeister Oct 17, 2014

Solid Q1-2015 Growth At Tabcorp

Revenues up 6.6 percent year-on-year in first quarter of fiscal 2015 Tabcorp Holdings has posted a solid set of fiscal Q1-2015 results, with digital interests again turning in a sterling performance. Group revenues for the three months to were A$537.4 million, up 6.6 percent on the prior corresponding period, with the Wagering division continuing to build on momentum established in FY14 by delivering quarterly growth of 8 percent, thanks to good performances in both racing and sport. Total Wagering turnover

By Casinomeister Oct 17, 2014

Spanish Basketball Sponsorship For Sportium

Sports betting firm agrees to support Bàsquet Manresa Online sports betting firm Sportium has signed a sponsorship deal with Spanish basketball club Bàsquet Manresa. A company spokesman said that the agreement will strengthen the brand in the Spanish market and enhance an earlier sponsorship deal with the Spanish Football League, which oversees the two major professional soccer leagues in the country. Online Casino News Courtesy of Infopowa More news here.

By Casinomeister Oct 17, 2014

Sportech To Appeal Hmrc Vat Return (update)

Ping Pong court action continues Football pools operator Sportech PLC (Sportech) has lodged an application for permission from the Upper Tribunal (Tax and Chancery Chamber) to appeal to the Court of Appeal in relation to a VAT repayment claim on its "Spot the Ball" game. The dispute, which has been running since 2009, refers to a VAT claim of GBP 93 million (GBP 40 million at the time of filing) where Sportech claimed its "Spot the Ball" game should have

By Casinomeister Oct 17, 2014

Tabcorp In Co-mingling Deal With H.k.j.c.

Agreement hailed as a major milestone Aussie gambling giant Tabcorp has announced that its Victorian TAB is to co-mingle its racing pools with Hong Kong Jockey Club for most common bet types on the Sha Tin and Happy Valley races. Commenting on the deal, Tabcorp COO Brendan Parnell described the agreement as an important milestone in the relationship between the two organisations, and praised the HKJC for the quality of its races and the significant betting pools which they generate.

By Casinomeister Oct 17, 2014

Ten Cent Subsidiary Buys Into China Lotsynergy

$57.4 million deal to acquire 7 percent, with more to come? Hongze Lake, a subsidiary of the massive Hong Kong corporate Ten Cent, has announced that it is acquiring a 7 percent stake in lottery technology and services company China LotSynergy for $57.4 million. Hongze will buy 594,034,513 new shares at a price of $0.75 each, and has negotiated the option to acquire a further 3.46 percent at $0.83. If the option is exercised, the total proceeds from the sale

By Casinomeister Oct 17, 2014

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