Probability Figures Up Thanks To Smartphones
Following a spike in smartphone usage Mobile gambling specialist Probability experienced a 14% increase in its revenues “its CEO said this morning, helping to turn mobile from a niche into a mass market opportunity”.
For the year ended on 31st of March it disclosed its full year audited results. Charles Cohen said Probability ”upped its ante this year” since it decided to relocate to Gibraltar. This was a smart month since it resulted in “lower operating costs”, an increase in the usage of iPhone and Android as well as an increase in customer acquisition for LadyLuck’s-the group’s principal UK facing brand. These are the main contributing factors that caused its NGR to increase by a hefty 14% to £5.37m in comparison to £4.72m in 2010 for the same period.
In the last quarter of this financial year NGR was 45.3% higher as opposed to the same period of the previous …
Greek Government Gambling Advertising Campaign
Greece is on the brink of unleashing an advertising war authorizing all forms of advertising by applicant operators to stop before licences have been granted.
Changes introduced by the Greek government to its draft legislation recently, compells operators licensed by the EU to pay Greece a 30% GPT tax and players will have to fork out 10% tax on winnings. During a six-month transitional period Greece must offer products and advertise without any constraints via the internet and offline media, counting in Television as well.
The Greek government who introduced last minute changes is trying to bring its legislation so that it complies with EU law. In addition it aims to push various proposals through as part of a massive financial package designed to alleviate Greece’s international creditors.
On August 16th the Greek parliament is going to vote on the must-pass finance bill, a delegation of its international lenders including …
Mobile Gambling Report Launched by H2
H2 Gambling Capital conducted an in-depth analysis of the global mobile gambling market for a year and recently announced the release of its eagerly awaited mobile report aiming to be the most complete and authoritative ever written on the topic.
“Gambling Goes Mobile” includes topics such as historic roadblocks, network technologies, operating systems, software delivery, devices, smartphone and mobile penetration for all major markets, payment processing, product verticals, detailed market overviews, software suppliers, operators, social platforms, market size and forecasts and conclusions and recommendations.
The comprehensive research takes into account markets across the world offering all-inclusive insight into potentially lucrative areas based on 15 years worth of H2 knowledge. “Gambling Goes Mobile” is based on research and data from highly reputable sources within the internet gambling industry, in conjunction with skill from other technology related sectors.
The last year H2 picked up on a widespread misapprehension of mobile and noticed …
William Hill Internet Gambling Profits Surge
A 23% year-on-year revenue for its internet net profit has been recorded by William Hill online casino. This comes just after rival London-listed bookmaker Labrokes’ egaming figures failed to make an impression on analysts.
For the 26 weeks ended in June the internet casino (WHO) recorded a first half rise from £124.2m to £152.7m, in conjunction with a 2% rise in retail revenues, effectively contributing toward a profit before tax of £126.9m, a 23% increase for the same period in comparison to 2010.
Ralph Topping the CEO, in June signed a new contract with the bookmaker, was impressed with the results obtained taking into account “The comparator period also included part of a World Cup that delivered a record result for us last year”.
This morning’s statement read as follow, Topping ascribed the internet profits to “exceptional sportsbook growth and innovations in our in-play and mobile offerings,” with the new …
Greece Toutes EU Gambling Laws
Greek politicians are in unison that they plan to regulate the country’s internet gambling industry by Thursday, in spite of its current proposals that are in direct contravention with the European Union (EU) policies.
Various senior Greek ministers will make a last minute decision to see its gaming law debated until its finalization on Thursday the 5th of August. Irrespective of the European Commission (EC) stating that its draft proposals are not in compliance with EU laws. It appears that Greece’s politicians have take a firm stance by ignoring the EC’s concerns meaning the European body could start taking legal action and take the government to the European Court of Justice.
The moment the debate ends, on condition the Greek Parliament does not vote against it, the law could be implemented and attached to the government’s finance bill soon. A Remote Gambling Association (RGA) representative told members that the Greek …
Gambling Faces Greek Tsunami
If the Greek government wants to solve its dire financial state of affairs it must first pay back its outstanding debt owed to the European Union (EU) and the International Monetary Fund (IMF).
In the original proposal Greece plans to generate a proportion of the required funds by legalization internet gambling and selling off its shares in the state monopoly OPAP.
The legalization of internet gambling experienced a severe setback last month when the European Commission (EC) notified the Greek government that its draft proposal was not in accordance with EU laws. Instead of discussing the issues outlined by the EC, the Greeks pressed ahead with their proposal. The Greek parliament is pushing it and attached it to a must pass financial bill. However, due to Greece’s non-compliance the EC can instigate contravention proceedings and take the Greek government to the European Court of Justice. According to the latest news …
Microgaming Expands QuickFire Platform
Microgaming decided to focus more on introducing high-quality games that forms part of its QuickFire collection. It added Hexaline and Multi-Player Premier Roulette in July to its expanding list of QuickFire games.
The August advisory says that additional games would be added. In its download platform Microgaming boasts a scintillating assortment of more than 500 casino games; this is more than any other internet gaming software provider.
Triangulation is the first of these new casino games that will be released this month. Microgaming’s advisory says, “Triangulation takes the features of a traditional slot game and incorporates them into an electrifying new game.” The aim of Triangulation is to complete a chain of matching neighbouring coloured triangles any place on the triangular grid. The real excitement begins when the chain is formed and when players receive their payouts. Every single winning triangle is removed and replaced with new ones. It …
Massachusetts Proposes Internet Gambling
The state of Massachusetts in the United States is seriously thinking about regulating its intrastate internet gambling albeit in a more restricted way.
The proposed Bill S.132 was filed by State Senator Michael Rush in January 2011. The bill made headline news again since a local newspaper the West Roxbury Patch reported on the hearing recently in front of the Joint Committee on Consumer Protection and Professional censure. The bill enables the Massachusetts Lottery Commission to launch a two-year internet gambling pilot program.
Those in support of the bill claim that the Commonwealth of Massachusetts could yield an annual net revenue as much as $1 billion from the program. Senator Rush said that regulated intrastate internet gambling via its lottery program would be safer for Massachusetts citizens instead of them placing their bets at foreign internet casinos.
The bill aims to impose the same prepaid player accounts to the model …
All Slots Introduces Android App
Research pertaining to egaming’s expansion indicates that the next big thing is mobile gambling.
Mobile gambling enables players to place their bets at online even if they’re travelling or waiting for someone. A large proportion of operators now offer mobile gaming and All Slots casino is one of them.
During the course of the last year it decided to beef up its product range and recently announced two new Android Apps. Industry analysts indicated that the Android is more popular than the iPhone. Hence the reason All Slots mobile casino just added these Android apps and its timing could not have been better.
These apps constitute the All Slots Blackjack app and the All Slots Casino Lobby app. Players with Android devices can now download these apps for free, and could either play for free or for real cash. In addition these apps have no advertising costs whatsoever. The All Slots Blackjack …
Florida Bans Internet Gambling Cafes
Just after the closure of four Jackson County, Florida internet cafes a couple of weeks ago because of gambling allegations, the county’s Grand Jury labelled “internet cafes” against the law, a nuisance to the public, and a shame.
The State Attorney Glenn Hess had the following to say, “It goes without saying that the citizens from Jackson County will not sit still for a continued invasion of these internet casinos. They don’t appreciate gambling there.”
In defense of Hess’ statement the internet gambling businesses’ attorneys postulate that the operations were conducted in accordance with Florida’s present laws as sweepstakes comparable to those offered at fast-food outlets.
However, Hess does not share their views: “We have concrete evidence that indicate it was a charade and a joke. They weren’t offering the public anything of value. Basically they were running and operating a gambling house.”
The Jury pointed out that in accordance …