Toronto listed Amaya Inc’s ongoing Kentucky compensation dispute has hit Christmas headlines as Circuit Court Judge Thomas Wingate ups the operators fine to $870 million. Ruling in favour of the state’s compensation claim against Amaya subsidiary PokerStars, in relation to online gambling services offered to Kentucky consumers between 2006 and 2011. Judge Wingate allowed Kentucky State to triple its damages claim …
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Yggdrasil Gaming obtains UK licences
Gaming and software developer Yggdrasil Gaming has been awarded the necessary licences by the UK Gambling Commission to enable the firm to offer its services to British residents. Yggdrasil has recently extended its offerings across Europe with a host of deals signed in the latter part of this year. The firm has offices in both Malta and Poland, and will look …
Read More »Yggdrasil launches with six new brands
Six leading brands have recently gone live with slots games from Yggdrasil Gaming’s portfolio. Deals were recently arranged with BetClic, Expekt and Monte Carlo Casino, three popular European brands which have been delivering casino games for close to 20 years. Three more have now been equipped with Yggdrasil’s offerings, these are Casino Heroes, Sunmaker and Kaboo. Fredrik Elmqvist, CEO at Yggdrasil Gaming, said: “Our games …
Read More »Jorn Starck appointed as new Executive Director of Alderney gambling
Jorn Starck has been appointed as the new Executive Director of regulator Alderney Gambling Control Commission (AGCC). Starck replaces the outgoing Andre Wilsenach, who’s left the AGCC for an academic role at the University of Nevada, Las Vegas. Starck is currently the AGCC Director of Regulatory Operations, a position he’s held since 2014 having been promoted after he originally joined the AGCC …
Read More »Netplay TV looks to take over the Football Pools
Netplay TV has asked for its shares to be suspended on the AIM after an announcement that it was considering a reverse takeover of the Sportech owned football pools business estimated to be worth around £100m. The football pools, formerly the backbone of the gambling industry in the UK, still attracts 300,000 weekly players though this is down from 10m at …
Read More »Cherry acquires Moorgate Media Ltd and NorgesSpill.com
Swedish gaming company Cherry has completed a double swoop and acquired 100% of the shares in Moorgate Media Ltd and gaming site NorgesSpill.com. Under the terms of the arrangement Cherry have gained the entirety of shares in NorgesSpill, including its domain and customer database. In regard to the Moorgate Media deal, the company owns affiliate license agreements in cooperation with …
Read More »Intertain Group governance fights back against Spruce Point mismanagement accusations
The governance of Toronto listed igaming operator Intertain Group (Intertain) has labelled New York hedge fund Spruce Point Capital Management as a “self identified short-seller of the company’s common shares”. Intertain governance further stated that its damning 120 page dossier published last week attacking the firm’s acquisitions, governance, corporate performance reporting and financial management were simply “self-serving and misleading”. The …
Read More »Clarion to buy 75% stake in £19.7m iGaming Business
Consolidation in the gaming industry has spread into the events and media arena with Clarion Events in advanced talks to acquire iGaming Business from Electric Word Plc. Clarion has agreed to purchase Electric Word’s 70% share of the business and will also buy a further 5.1% from founder Michael Caselli, who will retain the remainder of the shares, in a …
Read More »NetEnt games go live with Resorts Casino, New Jersey
Following gaming solutions provider NetEnt content distribution deal with Resorts Casino, the a selection of desktop and mobile games are now available to play in Resort’s online casino in New Jersey. The New Jersey Division of Gaming Enforcement allowed NetEnt a waiver to launch casino games with Resorts Casino. The agreement will also see the company provide its desktop and mobile …
Read More »Betdigital plans major games drive in 2016
Betdigital, the UK’s sole independent gaming design and platform integration specialist, has confirmed the planned release of thirty new games in 2016. These games will be released over the twelve months, and this will beat its tally of twenty-two games in 2015 by almost a third. Betdigital CEO, Heath Samples, said: “We’ve secured fantastic growth this year, launching successful integrations with …
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