Gambling News Archive

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Opap Owners Make A Run On Turkish Lottery

Bid for a licence filed by KKCG, Emma Capital and GTech Czech investment groups KKCG and Emma Capital - perhaps better known as the majority owners of would-be Greek gambling monopoly OPAP - have combined with Italian gaming technology company GTech to file for a licence to operate Turkey's national lottery Milli Piyango. KKCG told the Reuters news agency that the consortium was also in advanced talks with Turkish investment firm Bilgili Group to join the bid. Turkey's privatisation authority

By Casinomeister Jul 4, 2014

Partial Austrian Exit For Betfair

UK betting exchange will shut down operations mid-July, but retain fixed-odds sports betting and online casino services The UK online gambling group Betfair, which has operated under an Austrian licence since 2005, has announced a partial withdrawal from the region, advising that it will shutter its betting exchange from July 14, but will continue to offer fixed-odds sports betting and online casino services in the region. The decision was taken following a review of operations by Betfair's executive team, which

By Casinomeister Jul 4, 2014

'poker Princess' Interviewed On U.s. Television

Molly Bloom talks about a remarkable and lucrative - if brief - career as a poker organiser for high rollers Molly Bloom, high buy-in poker organiser extraordinaire and reluctant FBI celebrity, appeared on MSNBC's "Morning Joe" television program this week to promote her tell-all book "Molly's Game", detailing her adventures with the very rich and famous at expensive games she put together in LA and New York… until the feds closed in. Bloom received a generally supportive reception from the

By Casinomeister Jul 4, 2014

Portuguese Gambling Association Lauds Progress On Internet Gambling

But warns that its support is contingent on licenses for existing (land) concession holders only The Portuguese Casino Association, a trade body representing the interests of land gambling operators in the Portuguese market, has welcomed the progress being made on internet gambling licensing and regulation… but only as long as licensing is restricted to existing [land] concession holders. Jorge Armindo, president of the PCA, told the Lusa News Agency Thursday: "It is good that online gambling is getting regulated and

By Casinomeister Jul 4, 2014

Portuguese Online Gaming Tax Too High, Says R.g.a.

Operators will find it difficult to prosper under these tax proposals The Remote Gaming Association, a trade body that represents the interests of many major online gambling companies in Europe, has warned that the proposed punitive taxes on stakes in Portugal of 8-16 percent for online sports betting in the will render the market unviable for the vast majority of online operators who might otherwise decide to apply for licences and invest in the EU nation. The proposed law on

By Casinomeister Jul 4, 2014

Regulated Dutch Online Gambling Delayed?

Lawyer says it could be end 2015 before new regime is in operation Political differences over an appropriate tax rate for online gambling in the Netherlands could delay the operational debut of the new regulatory and licensing regime in the EU country by as much as a year, lawyer Ewout Keuleers has opined. Dutch lawmakers have taken over three years to reach agreement on the right framework for the national regulation of online gambling, and a draft Remote Gambling Bill

By Casinomeister Jul 4, 2014

Russia To Consider Online Gambling Legalisation?

Three government ministries tasked with investigating possibilities Surprise announcement of the week is a report from the Russian Legal Information Agency that First Deputy Prime Minister Igor Shuvalov has instructed the Ministry of Finance, the Ministry for Economic Development and the Ministry of Justice to look into the possibility of legalising online poker. The news apparently comes from usually reliable but anonymous government sources, according to local media outlets reporting on the new initiative. Shuvalov's representatives have since confirmed that

By Casinomeister Jul 4, 2014

Shock Decline In Macau Gambling Revenues

3.7 percent decline in June is the first drop in revenues in four years Has the seemingly endless Macau run of outstanding gambling revenues finally peaked after an unbroken four years? The latest figures from Macau's Gaming Inspection and Coordination Bureau might suggest that a slowdown is taking shape. Gambling revenue in Macau fell 3.7 percent in June on an annual basis, the first decline in more than four years, but analysts have opined that the causes may be temporary

By Casinomeister Jul 4, 2014

Sisal Headed For An I.p.o. In Italy

Gambling group intends to offer up to 59.16 percent of its issued share capital Italian gaming group Sisal is to offer up to 77.5 million ordinary shares in its initial public offering on the Italian Stock Exchange at a price of Euros 6.3 to Euros 7.7 per share, reports the Reuters news agency. The offer, which will include a share issue, would amount to 59.16 percent of the company's capital, Sisal management said in a statement. Before the share issue,

By Casinomeister Jul 4, 2014

Sportradar Signs Up Onefootball App

Mobile app users will have access to an up-to-the-minute stream of football data On-the-go international punters using the Onefootball app have access to an up-to-the-minute stream of football data following a deal with sports data provider Sportradar. The integration of Sportradar's data feed with the Berlin-based company behind the app commenced early June and is now complete Coverage embraces over 100 countries, 40 languages and 240 football leagues and includes Sportradar's live scores, live sports centre and statistics solutions via

By Casinomeister Jul 4, 2014

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