World Cup Wagering Helps Bet-at-home Quarterly
GGR in H1-2014 up 27.9 percent Betclic Everest Group subsidiary Bet-At-Home.com has delivered further strong growth in Q2-2014, aided by solid business flowing from the World Cup football festival in Brazil during the quarter. Earnings before tax rose y-o-y by Euro 1.9 million to Euro 9.3 million, while GGR for the half-year to June 30 soared 27.9 percent to Euro 53.1 million, with amounts wagered up 18.5 percent year-on-year to Euro 1.078 billion. Despite heavier than usual marketing spend on
Zynga Poker Update Delayed
Social gaming firm battles declining player interest and revenues The once mighty US social gaming firm Zynga has cut its earnings forecasts and delayed the launch of the much publicised upgrade for Zynga Poker and other games after worse than expected quarterly results and declining player interest. Revenues for the second quarter fell 33.5 percent to $153.2 million, with revenue for the six months ending June 30 down 35 percent to $321.3 million. Year-on-year, the firm saw its active player
500.com In Major Chinese Mobile Deal
Nasdaq-listed company will become China Mobile's sole online sports lottery provider The rapidly growing Nasdaq-listed sports lottery firm 500.com has clinched a major two-year deal that will see it become the sole provider of online sports lottery products to the state-owned China Mobile, which operates the huge Points Mall online marketplace. Points Mall online marketplace is an enterprise that has 770 million subscribers, who redeem loyalty points. China Mobile subscribers will be able to use their loyalty points to buy
888 Ceo Bullish On Company's Online Sports Betting Product
"Sport continues to provide a big opportunity for 888," says Mattingley 888 Holdings chief executive Brian Mattingley remains bullish on the prospects for his company's online sports betting venture 888Sports, telling reporters in a conference call Wednesday that his company's Emerging Offering division, which includes the sportsbook product, generated $7 million in revenues - up 15 percent - in Q2-2014. "Our Sports betting offer once again performed well during quarter two, in line with our ambitious goals and expectations," Mattingley
888 Powers On In H1-2014 Results
Another record-breaking half-year posted by online gambling group 888 Holdings plc has posted its Q2-2014 and H1-2014 results, showcasing another strong performance and a record-breaking half year that has included: * Q2-2014 Group revenue up 15 percent to US$111 million (Q2 2013: US$97 million); * Q2-2014 revenue B2C up 11 percent to US$95 million (Q2 2013: US$85 million); * Q2-2014 revenue B2C Casino up 15 percent to US$53 million (Q2 2013: US$47 million); * Q2-2014 revenue B2C Poker modestly up
888 Pulling Out Of The Netherlands?
Official notice to affiliate marketers in the sports vertical suggests so It appears that online gambling group 888 Holdings is pulling out of the Dutch online sports betting market, which is currently moving toward legalisation early next year. In a notice on its website, the company advises affiliate marketers that, "pursuant to recent developments in The Netherlands," it is instructing that affiliates must, with immediate effect, "discontinue and in future refrain from any marketing activities whatsoever that are directed at
A Golden Future For Amaya?
Canadian group is methodically getting its ducks in a row as it moves to complete Rational Group acquisition Last week's approval by shareholders of Amaya's takeover of the Oldford-Rational group and its market-dominant online poker subsidiaries Pokerstars and Full Tilt largely completed the conditions necessary for the sale but represent just the beginning of a potentially massive international future for the company. Major obstacles envisaged for the $4.9 billion takeover, due to complete by the end of the third quarter
Another U.s. Deal For Sportech Racing And Digital
Illinois racetrack signs up for online and land-based betting products The Hawthorne Race Course in Illinois has become the latest US company to sign up for Sportech Racing and Digital's range of online and land-based betting products. Sportech Racing and Digital is the American subsidiary of the UK-listed gambling group Sportech plc. The new deal will see SRD providing Hawthorne with totalisator and related services over a ten-year period, along with a full suite of digital and land-based betting products
A.s.a. Censure For Sporting Index Advert
Religiously insensitive use of Rio's Christ the Redeemer icon criticised The monumental statue of Christ the Redeemer that has become synonymous with the city of Rio de Janeiro in Brazil and the recent World Cup football in that country, was in the news again this week when the UK Advertising Standards Authority slammed betting company Sporting Index on its use of a particularly insensitive advertisement. During the now concluded World Cup, Sporting Index flighted a print ad in major Brit
Aussie Version Of Bet365 Battles Downunder
A$40.8 million in losses reported in 2014 results The British online gambling group Bet365's venture into the Australian market is proving to be an expensive business, with the usually successful company reporting losses of A$40.8 million in its 2014 financials, said to be generated mainly by start-up costs. The latest result takes the online betting company's accumulated losses to A$77 million in just over two years (the firm logged a A$36.2 million loss in 2013 as it entered the fiercely
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