888 Holdings Reports A Good H1-2014
KPIs continue a generally upward trend, with online casino performance leading the way Online gambling group 888 Holdings plc has posted its H1-2014 results for the six months ended , highlighting another successful reporting period that included the following highlights: * Revenue increased 13 percent to $225.1 million (H1 2013: $200.1 million) * B2C revenue increased 9 percent to $192.8 million (H1 2013: $177 million) * B2B revenue increased 40 percent to $32.3 million (H1 2013: $23.1 million) * Adjusted
Adelson Shaping Up For Another Major Confrontation
The clash with Disney is likely to be monumental Las Vegas Sands' multi-billionaire owner Sheldon Adelson has been making headlines with his implacable opposition to online gambling in the United States, but he may face a more formidable foe to his company's expansion in Florida. The investment publication Motley Fool reports that the Walt Disney World Resort in Orlando is a cornerstone of Disney's global operations, comprising more than 31 percent of the company's revenue in 2013, and one of
Ainsworth Turns In Strong Full Year Results
Advances in online and social sectors Australian gaming firm Ainsworth Game Technology Ltd delivered strong full year results to June 30, 2014, reporting an 18 percent increase in profit after tax to A$61.6 million. The Group achieved its fifth consecutive year of double digit revenue growth with sales revenue amounting to A$244.1 million, a 23 percent increase over 2013. Other key performance indicators include: - Domestic revenue accounted for 59 percent of total revenue and amounted to A$143.3 million (FY2013:
Another New Jersey Online Casino Launch Imminent?
Resorts Casino.com gathering momentum to a launch The New Jersey intrastate online gambling market may soon have an additional operator, judging by the publication of a "coming soon" website for land casino Resorts Atlantic City at Resorts Casino.com. The site is currently garnering emails from interested parties, a typical tactic when an online casino operation is nearing launch phase. Resorts Atlantic City is an interesting company that has been in talks with Pokerstars as that company seeks a suitable land
Are Gamblers Greedy Bird Brains?
New academic study says there are similarities with pigeons! Psychologists at Warwick University in the United Kingdom say the risky decisions that gamblers make are similar to the tendencies of greedy pigeons! Reporting on the results of the university study, United Press International records that the academic researchers put gamblers and pigeons through a series of tests, or chance games, featuring high-risk-high-reward decision making. When presented with four options — two high-reward chances and two low-reward chances — both pigeons
A.s.a. Rules On Betdaq Religious Faux Pas
Ladbrokes instructed to take care when using religious imagery Betdaq.com's advert featuring Christ the Redeemer during the World Cup 2014 was reviewed by the UK Advertising Standards Authority following a complaint that objected to the use of an image of Jesus Christ to promote gambling. Ladbrokes International Ltd trading as Betdaq featured an image of the statue with the surrounding city of Rio de Janeiro visible behind. The statue had been digitally altered so that the figure's robe was purple,
Aussie Online Lottery Company Profits Dip
Jumbo Interactive reports lower jackpot activity Jumbo Interactive, an Australian publicly listed company whose core activity is international online lottery operations, has reported declines in revenue and profits which it attributes to lower jackpot activity. Posting its FY results to end June, Jumbo reported y-o-y revenues down 4.2 percent at A$24.13 million, and profits after tax of $2.78 million, a decline of 6.6 percent. Start-up costs in the German market and the on-going development of operations in Mexico, which have
Betdigital Awarded British Gambling Commission Licence
Remote Gambling Software Licence enables digital content developer to plan for the future Betting content and systems developer Betdigital has been awarded a Remote Gambling Software Operating Licence by the UK Gambling Commission, and joins a select few suppliers that have the necessary licensing to meet the terms of Britain's new Gambling (Licensing and Advertising) Act ahead of October's introduction. The Act requires operators who provide remote gambling services to British consumers to acquire a UK licence. These operators in
Big Online Gambling Deal For Net Entertainment
Swedish provider signs agreement with major gaming operator Betfair Swedish online gambling software provider Net Entertainment NE AB has inked a content agreement with UK focused Betfair, one of the world's largest international online sports betting operators. Founded in 1999, Betfair is a pioneer in online gaming holding gambling licenses in Gibraltar, Malta, Spain, Italy, the United States and Australia. Betfair's revenues amounted to GBP 387 million in 2013 and the company has more than 950,000 active customers. "This agreement
Bonus Problems At The Root Of Club Gold Casino Changes? (update)
Belated communication from management leaves questions unanswered Following growing player and affiliate interest on a number of forums on the radical and rapid changes at Club Gold online casino (see previous InfoPowa reports), the management has issued a rather belated communication to marketing affiliates, blaming bonus inflexibility for its sudden switch to a largely unknown software. The communication, allegedly signed by affiliate manager Liisa Chambers, acknowledges that the rapid changes (and the lack of communication surrounding them) have been confusing,