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Amaya initiates strategic review of Cadillac Jack

By JT On October 22, 2014 • No comments yet

Amaya

Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSX: AYA) today announced that it has initiated a strategic review process to explore alternatives for Amaya’s B2B land-based gaming solutions business, Cadillac Jack Inc. (“Cadillac Jack”). The strategic review will consider various alternatives for the company identified by Amaya’s and Cadillac Jack’s executive management, with the fundamental objective of expediting Cadillac Jack’s growth strategy and maximizing value for Amaya’s shareholders. “In light of recent consolidation within the gaming machine supplier industry, we believe that this is an appropriate time to review and evaluate potential strategic alternatives for Cadillac Jack that may further maximize […]

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IGT’s Wheel Of Fortune: $2.4 Million Jackpot at The Mirage in Vegas

By JT On October 22, 2014 • No comments yet

IGT

The iconic Las Vegas hotel-casino known for inviting visitors to “live their dreams out loud,” hosted one lucky player who did just that after winning $2,438,460 on global gaming entertainment leader IGT’s (NYSE: IGT) Wheel of Fortune® at The Mirage Hotel & Casino on Sunday, Oct. 5, 2014. The winner wished to remain anonymous. IGT launched Wheel of Fortune® in 1996 and solidified the Company’s leadership in Wide Area Progressive technology. Known as the most successful slot title of all time, the fan-favorite theme has minted nearly 1,000 millionaires and delivered $3 billion in jackpots throughout its illustrious history. IGT has […]

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Yggdrasil Gaming still making waves with new online slot

By Lars J On October 22, 2014 • No comments yet

Yggdrasil

Yggdrasil Gaming made a major splash in the online lottery and instant games arena when they launched to the web and today they are still making happy waves with the release of a new high definition underwater themed video slot with up to 60 free spins and 20x multipliers! Reef Fun is a 5 reel, 20 pay line slot with an under the sea setting. The reels are populated with colorful characters, in hue as well as personality. There are six regular symbols that become animated when forming a winning line of three or more matches, as well as Free […]

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New Jersey sports betting challenged by sports leagues

By JT On October 22, 2014 • No comments yet

New Jersey

iGaming Business – Four major North American professional sports leagues and the National Collegiate Athletic Association (NCAA) have filed a motion against New Jersey’s decision to legalise sports betting in the US state. Governor Chris Christie on Friday signed a bill to repeal partially the state’s prohibition on sports betting. The bill, which also received approval by a vote of 27-1 from state lawmakers, will allow New Jersey casinos and racetracks to offer sports betting services under the provision that bets are placed on events outside of the state to avoid conflict with a 1992 federal law. Monmouth Park Racetrack, […]

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William Hill quarterly results show ongoing growth

By JT On October 22, 2014 • No comments yet

William Hill

iGaming Business – James Henderson, chief executive officer of William Hill, has cited the ongoing development of the bookmaker’s UK and international businesses as one of the main reasons behind a successful set of results for the 13 weeks through to September 30, 2014. The bookmaker reported that group net revenue in the third quarter increased by 23% on a year-on-year basis when compared with the corresponding period last year. Revenue generated from online operations jumped 55% in the period while the firm’s retail and Australian businesses increased by 9% and 17% respectively. Elsewhere, the firm also recorded a significant […]

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High rollers on a streak at Crown Perth and Melbourne

By JT On October 21, 2014 • No comments yet

Crown

Australian Gambling – Big spending gamblers at Crown Melbourne and Perth have had some good news this week. Billionaire casino tycoon James Packer has told shareholders at Crown Resorts’ annual general meeting that high rollers had been cleaning out the company’s casinos. The Crown chairman reportedly lamented at the meeting that “the punters are killing us”. “Trading so far this year has been mixed at best,” Packer said. “Our VIP businesses are almost $100 million below the theoretical result, less than four months into the financial year, due to an adverse win rate or put simply, bad luck.” It’s bad […]

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PokerStars & Full Tilt boost Amaya in First Half

By JT On October 21, 2014 • No comments yet

Amaya

iGaming Business – Canadian gaming provider Amaya Gaming has been boosted by the news that its recently acquired online poker brands, PokerStars and Full Tilt, experienced significant year-on-year revenue and net income growth during the first half of 2014. Amaya reported that Oldford Group, the holding company of the poker brands’ previous owner Rational Group, posted revenue of $567.9 million (€445.1 million) in the first half of 2014, up from $545.9 million in the previous year. Net income jumped from $189.9 million in the first half of 2014 to $218.4 million in H1 of this year while net cash from […]

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New England Patriots make Fantasy Sports Deal

By JT On October 21, 2014 • No comments yet

NFL

iGaming Business – US-based fantasy sports companies DraftKings and Hotbox Sports Ventures have entered into partnerships with two domestic professional sports league teams. Hotbox has agreed a deal with NFL American football team the New England Patriots while DraftKings has secured a partnership with NHL ice hockey franchise the New Jersey Devils. Under Hotbox’s deal with the Patriots, the terms of which were not disclosed, the fantasy sports brand will benefit from exposure on Patriots properties such as in-stadiums LED signage with updates from its fantasy games and a presence on the team’s social media outlets. The partnership comes as […]

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€180,000,000 Jackpot Prize in Upcoming Euromillions Lottery Draw

By JT On October 21, 2014 • No comments yet

Lottery

PRNewswire – The EuroMillions Superdraw jackpot has rolled over five times and has reached the €180,000,000 mark for the upcoming EuroMillions draw. The next draw will take place on Tuesday, October 21st and South African players are flocking to buy their EuroMillions lottery tickets online. EuroMillions is Europe’s biggest multi-state lottery, renowned for its massive jackpot prizes. A total of 9 European countries participate in this lottery, but players from all over the world can buy EuroMillions tickets online. The draws happen every Tuesday and Friday. Players choose five numbers between 1 to 50 as well as two ‘Lucky Stars’ […]

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BetConstruct expands Portfolio with NYX

By JT On October 21, 2014 • No comments yet

bet construct betconstruct

BetConstruct has signed a deal with NYX Gaming Group, to launch NYX OGS within its online casino gaming suite for both PC and Mobile devices. David Flynn, EVP of Business Development for NYX Gaming Group said “I am thrilled to make an agreement with BetConstruct. They are making great strides with their Sportsbook platform solution and have a strong focus and growth within the mobile space. This fits extremely well with our NYX OGS offering and I look forward to growing our business together.” Suren Khachatryan, chief executive of BetConstruct, commented “With mobile as a focus, adding the PC and […]

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Bulgarian national team partners with Eurofootball

By JT On October 20, 2014 • No comments yet

Bulgaria

iGaming Business – The Bulgarian Football Union (BFU) has entered into a partnership with domestic sports gaming company Eurofootball. The deal will run for two years, from the 2014-15 season until 2015-16. Under the agreement, Eurofootball will become a sponsor of the Bulgarian national football team. The BFU and the national team will also support Eurofootball’s ‘Win and Help’ corporate social responsibility programme, which is aimed at helping develop young sporting talent in Bulgaria. (More)

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Record full-year turnover for New Zealand Racing Board

By JT On October 20, 2014 • No comments yet

New Zealand

iGaming Business – The New Zealand Racing Board (NZRB) has announced that it achieved record full-year turnover during the 12 months to July 31, 2014. The national bookmaker posted total turnover of almost NZ$2.1 billion (€1.3 billion/$1.7 billion) in the 2013-14 financial year, which is up 6.7% on the amount achieved in previous year. Net profit also grew slightly to NZ$137 million while total group distribution made from current year profit increased by 1.8% to NZ$137.4 million. Stewart McRobie, acting chief executive officer of the NZRB, cited the impact of the 2014 Fifa World Cup national team tournament as one […]

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New Jersey sports betting bill signed by Governor Christie

By JT On October 20, 2014 • No comments yet

New Jersey

iGaming Business – New Jersey governor Chris Christie has signed a new bill to partially repeal the US state’s prohibition on sports betting. The bill was last week was approved by the Assembly by a vote of 27-1 but required Christie’s signature in order to move to the next stage. Under the bill, casinos and racetracks in New Jersey will be able to offer sports betting services to punters in the state under the provision that bets are placed on events outside of the state so as not to conflict with a 1992 federal law. Monmouth Park Racetrack could become […]

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Tribal Interests to Testify at California Assembly Hearing on Internet Poker

By JT On October 20, 2014 • No comments yet

California

Robert Smith, Treasurer of the CTBA Board and Chairman of the Pala Band of Luiseno Indians, will testify at the Assembly Committee on Governmental Organization, during their informational hearing on Internet poker. The iPoker hearing is set for Wednesday, April 23 at 1:30 pm, in State Capitol, Room 4202. The hearing, was called by AGO Chair Isadore Hall, III, to promote a better understanding of the iPoker issue. Two bills, AB 2291 (Jones-Sawyer) and SB 1366 (Correa), have been introduced this year that would legalize Internet poker in California. CTBA member tribes are part of a coalition of tribes who […]

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IGT Delivers $1.1 Million Jackpot At Gold Strike Casino Resort

By JT On October 20, 2014 • No comments yet

IGT

It panned out to be a gilded moment for one lucky player whose day became brighter after striking a $1,195,306 jackpot on global gaming entertainment leader’s IGT’s (NYSE: IGT) Wheel of Fortune® slot game at MGM Resorts International’s Gold Strike Casino Resort in Tunica, Miss. on Tuesday, Sept. 23, 2014. The winner wished to remain anonymous. IGT launched Wheel of Fortune® in 1996 and solidified the Company’s leadership in Wide Area Progressive technology. Known as the most successful slot title of all time, the fan-favorite theme has minted nearly 1,000 millionaires and delivered $3 billion in jackpots throughout its illustrious […]

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