Pinnacle Announces Imminent Exit From The U.k. Market
Pinnacle Sports decides against UK secondary licensing and taxation Pinnacle Sports is the latest online gambling operator to decide against secondary licensing and taxation under the new point-of-consumption laws in the United Kingdom. In a statement released Thursday, the company advises: "Due to imminent changes to British gambling licensing regulations, Pinnacle Sports will after September 30th, 2014, be unable to offer our services to any players resident in Great Britain. "This statement is intended to provide clarity on the implications
Plumbee Relaunches Mirrorball Slots On Ios
Opted to develop full revamp instead of making incremental changes Social casino games firm Plumbee has re-launched its flagship game Mirrorball Slots on iOS under the new name 'Mirrorball Slots: Kingdom of Riches'. Plumbee said instead of making incremental improvements to the app, the potential for growth in users and revenue warranted a full revamp. Improvements in the revamped version present a more solid technological base and improved flexibility and time in terms of integration of new slot games into
Realistic Games Relocates To Accommodate Growth
Growth curve of the past year necessitates larger premises Software developer Realistic Games has relocated to new offices in Reading to accommodate expansion in the business. Asides from opening a new office in Gibraltar, over the past year Realistic Games has entered into deals with William Hill, Gala Coral, Gaming Realms and Intellectual Property and Software Limited. The company was also granted a Remote Gambling Software Operating Licence by the UK Gambling Commission and a remote gambling licence by the
Red Hot Slot On The Way From Microgaming
Red Flush Casino reports on a coming attraction Red Flush online casino has launched publicity on a new video slot from its game supplier Microgaming titled Red Hot Devil - due for launch early October. The five-reel, 25 pay-line game is multi-featured and has a devilishly fiery theme with seductive she-devils, flames galore and a heavy metal sound track - check out the preview here: Free Spins, Multipliers, Wild Reels and a special Wheel of Fire feature are all included
Russia Appears To Be Serious On Regulated Online Poker
More detail on recent moves towards legality Further information has come to light substantiating reports last week that an unidentified Russian organisation is making headway in persuading the Russian government to legalise and regulate online poker (see previous InfoPowa reports). According to the online poker information site Poker News Report the initiative has been underway since June this year, when Kakha Kakhiani, president of the Russian Poker Union, announced that the Russian government was considering the licensing and regulation of
Safecharge Authorised As Electronic Money Institution
Will allow for expansion in B2C and services portfolio Teddy Sagi's recently AIM-listed online payment processing company SafeCharge Limited has been authorised as an Electronic Money Institution (EMI) allowing the organisation to issue electronic money in accordance with the European Union E-money directive and as authorised by the Central Bank of Cyprus. David Avgi, chief executive officer of SafeCharge said: "Obtaining the EMI license fulfils one of our central objectives, as outlined in our strategy. The EMI license places SafeCharge
Stan James Corrects 'imminent Acquisition' Report
CEO expresses surprise at "inaccurate" industry reports Reports in industry media that the Gibraltar-based online and land bookmaking group Stan James plc is about to be sold off as a result of the new UK point-of-consumption regulatory and taxation moves have been called into question by the company. Commenting on the potentially alarming claims for its employees, chief executive officer Denis Kelly said Tuesday: "We were surprised at the article published by the EGR as it is not accurate. "Yes,
Swedish Politician Likes A Flutter… Or Three
Sweden Democrats party leader alleged to have spent $70,000 at online betting sites The political elections taking place in Sweden this weekend have triggered significant interest in politicians and their activities, and the media has been happy to oblige. On Friday one of the political parties in contention, the Sweden Democrats, was the focus of media reports that some of its members had made racist comments… and that party leader Jimmie Åkesson was an enthusiastic online gambler who spent $70,000
Swedish Sports Alliance Launches Klubblo
Negates the need for door-to-door sports lottery ticket sales The Swedish Gaming Board's award of a licence to the Swedish Sports Alliance (SSA) has initiated the launch of a new digital lottery platform on mobile and PC. The lottery is designed to boost funding for Swedish sports and is open to all sports federations and associations within the Alliance for Sport. The deal is a joint venture between Cherry and media partner Metro with games provided by Yggdrasil Gaming. The
U.k. Gambling Commission Welcomes Formation Of Senet Group (update)
"We hope this initiative will gain traction across the industry" The UK Gambling Commission has welcomed the formation of the Senet Group watchdog by Britain's four biggest bookmakers (see previous InfoPowa report), applauding the commitment of the founders and expressing the hope that the initiative will attract other industry companies. In a statement following the Monday launch of Senet by founders William Hill, Ladbrokes, Paddy Power and Gala Coral, the Commission issued a statement saying: "We welcome this initiative and