Gambling News Archive

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Codere Restructures Euro 1.1 Billion Of Debt

Founding family loses control of company Embattled Spanish gaming firm Codere will restructure Euro 1.1 Billion of debt and avoid insolvency following an agreement with creditors. Codere filed for preliminary creditor protection in January and had until this week to reach an accord or start insolvency proceedings. Part of the debt refinancing deal will see founders, the Martinez Sampedro family, give noteholders a controlling stake in the company of 97.8 percent, leaving shareholders with 2.2 percent. As a condition of

By Casinomeister Sep 26, 2014

Contagious Gaming Floats On Tsx Venture Exchange

Completes equity financing of $ 6 Million Vancouver-based software developer Contagious Gaming's (formerly Kingsman Resources Inc) common shares have commenced trading on the Canadian TSX Venture Exchange following the completion of a reverse takeover (RTO) with Contagious Sports Ltd and Telos Entertainment Inc. "Our 'going public' transaction is an exciting milestone in the history of our Company as we seek to position Contagious Gaming for the continued success of our first of its kind in-play sports betting platform and our

By Casinomeister Sep 26, 2014

Coral Launch Football Jackpot App

Expands successful retail product to mobile Following the success of Coral's Football Jackpot pool product, launched with the 2014 World Cup in mind, the company has announced the launch of a Football Jackpot app for the iOS and Android platforms. Football Jackpot challenges punters to predict the outcome of 15 matches for a GBP 1 stake via online, mobile or retail avenues. It offers a minimum guaranteed GBP 100 000 jackpot. "Following the huge success of our new Coral Football

By Casinomeister Sep 26, 2014

Council Of Europe Convention On Match Fixing Well Received

Welcomed by industry associations although some areas may still need to be refined The Council of Europe's Convention on the Manipulation of Sports Competitions, which has been two years in the making, was widely accepted as a positive step towards fighting match fixing and other sports related manipulation, this week. The Convention, presented in Switzerland at a European Sports Minister's meeting, was prepared by the European Commission, European Union member states and other members of the Council of Europe. It

By Casinomeister Sep 26, 2014

Ecogra Updates Self-regulatory Requirements

Keeps abreast of international best practice Independent online gambling regulatory adviser and testing agency eCOGRA, an organisation accredited by twelve different European regulatory jurisdictions, has announced the latest updates to its self-regulatory requirements. The changes have been made as part of a programme that routinely reviews and renews the company's eGAP Requirements to ensure they are in line with international best practice at all times. Chief Executive Andrew Beveridge said this week that eCOGRA continues to refine and improve its

By Casinomeister Sep 26, 2014

Elias Tops 1226 Entry Field To Take 2014 Wpt Borgata Main Event

Fourth largest turnout in WPT History American poker professional, 27-year-old Darren Elias "The End Boss", took down the 2014 WPT Borgata Open Poker Main Event Season XIII, besting a large field of 1226 with a total prize pool of $3 924 426. Elias collected a career-high payday of $843 744 and a seat in the WPT World Championships after taking out Kane Kalas in heads up battle. His career earnings now exceed $2.5 million and he's earned a notch on

By Casinomeister Sep 26, 2014

Elray Licenced To Offer Playtech Gaming Software In Asia

Acquires 25 percent stake in Playtech-powered Golden Galaxy Casino Elray Resources Inc., trading as Elray Gaming, has finalised a Master Software Reseller Agreement with Moorgate Commercial Limited under which it will be permitted to resell and operate Playtech Ltd. Gaming Software in defined territories in Asia. A company statement said Elray will work closely with Moorgate and Playtech Ltd to build its Asian business and capture a slice of the Global market expected to reach USD 117.9 Billion in 2015.

By Casinomeister Sep 26, 2014

Everymatrix Casinoengine Integrates 2000th Game

Yahtzee integration a milestone for CasinoEngine Williams Interactive's live launch of "Yahtzee" on the EveryMatrix CasinoEngine marks the platform's 2000th game integration. The iconic Hasbro game joins Williams Interactive's authentic Vegas style games portfolio and features the Yahtzee Party Bonus which allows players to save bonus triggers for use whenever they choose. Ebbe Groes, Chief Executive of EveryMatrix, said: "We are thrilled to see the growth in CasinoEngine and having partnered with such big names in the industry to give

By Casinomeister Sep 26, 2014

Gameaccount To Deploy On-site Mobile Casino To Us Operator

Client remains unnamed until regulatory approvals are received GameAccount Network will deploy its SENSE3 Mobile Casino for real money gaming to an as yet unnamed US casino operator as an extension to an existing partnership. GameAccount expects to launch the real money on-property mobile casino during Q1/2015. The launch and disclosure of the name of the operator are subject to regulatory approvals. Dermot Smurfit, chief executive officer of GameAccount Network said: "…2015 will see the launch of On-property Mobile Gaming

By Casinomeister Sep 26, 2014

Go Bananas! From Net Entertainment

Monkey business in latest game release Net Entertainment's latest release "Go Bananas!" is a fast-paced, monkey-themed slot set in a colourful tree house, deep in a tropical jungle which is overrun with cheeky monkeys. This fun 5-reel, 20-line game features 5 different Wild Monkey symbols which turn adjacent symbols into Wild symbols when they appear on the reels. Simon Hammon, Chief Product Officer of Net Entertainment, said: "Go Bananas! is a great addition and another example of driving the online

By Casinomeister Sep 26, 2014

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