Gambling News Archive

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Online Sports Betting Operator Enters Guilty Plea

Play Fast Sports website allegedly took in "tens of millions" in wagers Federal prosecutors in Colorado have released details of another extensive FBI investigation and subsequent shuttering of an online sports betting operator. The investigation centred on an operation run by Kerwin Sande from 2006 to 2013 which used the Costa Rica website Play Fast Sports.com and accepted "tens of millions of dollars" in bets across state lines. Sande has entered a guilty plea on charges of money laundering and

By Casinomeister Sep 5, 2014

Opap Acquires Payzone Hellas

Now owns largest network of payment terminals in Greece OPAP susbsidiary OPAP Investments has coughed up Euro 7.75 million for a 90 percent stake in the Payzone Group, the largest mobile phone top-up network in Greece with over 11000 POS terminals. Payzone currently processes around 30 million transactions annually and is the only independent organisation in Greece other than banks to provide these services. Following the acquisition, Payzone Hellas will allow the recharge of OPAP cards used to make deposits

By Casinomeister Sep 5, 2014

Perform Group To Reject Access Industries Offer (update)

Undervalues the company and its prospects, says directors The board of independent directors of Perform Group PLC believe Access Industries' offer to buy the remainder of the Perform shares they do not already own at 260p each, "undervalues the company and its prospects" and has recommended that shareholders reject the offer (see previous InfoPowa reports). The board said it will provide shareholders with its detailed views once Access Industries has issued a formal offer document but are clear they do

By Casinomeister Sep 5, 2014

Playtech In Deal With Aristocrat V.l.t. Provider

Reports acquisition of Aristocrat Lotteries AB and Aristocrat Lotteries Italia s.r.l. Playtech plc has announced the "bolt-on acquisition" of the Stockholm-based retail VLT businesses Aristocrat Lotteries AB and Aristocrat Lotteries Italia s.r.l. from Aristocrat Leisure Limited. The two Aristocrat firms provide a server-based gaming platform for VLTs and Casino (Class III) markets to two major retail VLT operators in Norway and Italy, marketed under the well-established 'TruServ' brand. Consideration for the acquisition, which will be funded from Playtech's existing cash

By Casinomeister Sep 5, 2014

Poker Aces To Clash In Full Tilt Online Game

High stakes poker pros Viktor Blom and Gus Hansen to tangle in a best-of-three contest with $50,000 at stake Full Tilt has put together an epic online poker high stakes heads up clash featuring high profile aces Viktor Blom from Sweden and Gus Hansen from Denmark on Sunday September 14. The duo will play a best-of-three format with $50,000 up for grabs, with Hansen choosing Stud 8, Blom selecting No Limit 2-7 Triple Draw and a third game to be

By Casinomeister Sep 5, 2014

Poker-face Dan Wins Another Huge Live Event

Colman nails a further major prize American poker pro Dan Colman maintained his growing reputation for poker-faced modesty this week as he claimed his fourth seven-figure score this year at the Seminole Hard Rock Poker Open, raising his annual earnings so far to $21 million. His latest $1.44 million payday follows massive wins in the Big One for One Drop at the World Series of Poker earlier this year and a second finish in the EPT Barcelona Super High Roller

By Casinomeister Sep 5, 2014

Pokercent Licence Suspended

Gambling Commission requires new software certification Silverline Interactiv Technologies' (trading as PokerCent) UK Gambling Commission licence has been suspended and a review launched under section 116 of the 2005 UK Gambling Act. According to PokerCent's website, operations have been suspended pending the operators' provision of updated gaming software certification. Online media reports indicate that the suspension followed complaints by a player alleging inability to withdraw funds and poor customer service, but this has not been confirmed. PokerCent expects to be

By Casinomeister Sep 5, 2014

Pokerstars And U.s. Football – An Exciting Concept

But one which was a step too far even for the online poker giant's management Imagine the possibilities… and consequences… of an attempt by online poker powerhouse Pokerstars to buy a US National Football League team. Apart from setting the NFL's teeth on edge, such an initiative would definitely generate extensive media coverage even if halted, and that was the main objective when it was suggested in 2006 by the company's communications chief, Nolan Dalla, now a high profile industry

By Casinomeister Sep 5, 2014

Pokerstars W.c.o.o.p. Starts This Week

$40 million in guaranteed prize pools this time around In just a few days - on September 7 - this year's Pokerstars World Championship of Online Poker will kick off and run through September 28, presenting online poker fans with an opportunity to cash from $40 million worth of guaranteed prize pools. This year's online festival of poker will see 66 events culminating in a $10,000,000 guaranteed Main Event on with at least $1.5 million guaranteed for the winner. The

By Casinomeister Sep 5, 2014

Positive View On Aussie Lotteries

Latest IBISWorld study expects bigger consumer spend over next five years Lottery sales in Australia are unlikely to beat those for online sports and horse race betting, but should trend upward over the next five years thanks to increased gambler spend, predicts a new survey by IBISWorld. "Lottery operators have increased the frequency of lotto draws to increase consumer interest and expenditure," IBISWorld industry analyst Spencer Little said this week. "However, this strategy has sometimes been to the detriment of

By Casinomeister Sep 5, 2014

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