NBA team The Cleveland Cavaliers have entered into a new partnership with New York based US fantasy sports operator FanDuel Inc, one of the market leaders in US fantasy sports entertainment The new partnership comprises an integrated marketing agreement which will include FanDuel promotional player campaigns, including in-arena signage and an online presence, to create a heightened awareness of FanDuel …
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Amaya to repurchase stock and review B2B business divisions
Amaya Gaming Plc has announced plans to repurchase (buy back) approximately 5% of its public float in 2015, as the company looks to maximise long-term shareholder value. Amaya who purchased online poker leader Rational Group in 2014 in a leveraged $4.9 billion acquisition, will look to cancel up to 5.4 million common shares which the operator will fund through proceeds …
Read More »CORE Gaming choose NMi as their global compliance partner
CORE Gaming and NMi have announced a deal which will see the compliance laboratory complete testing for the leading HTML5 developer’s gaming products in multiple jurisdictions worldwide. Accredited to carry out compliance testing for an extended portfolio of jurisdictions throughout the World, NMi have gone from strength to strength in recent years, demonstrated by a stream of business development announcements. …
Read More »EveryMatrix partners with Spigo
iGaming technology and provisions provider EveryMatrix has announced it has reached a games contetn agreement with slots and P2P games worldwide provider Spigo® as the igaming technology provider continues to expand its aggregated offering and product offering for the its client base. Games developer Spigo is dedicated to developing and delivering the high quality casual gaming sites in 16 countries …
Read More »bwin.party pulls plug on Sportster Facebook game
After just four months since launching its joint venture social betting game Sportster ‘betandwin’ with games publisher Nordeus, bwin.party has announced the closure of the Facebook social betting game. The operator sent the following communication to Sportster customers “Dear users, we are sorry to inform you that we are shutting Sportster down on January 30th.Please note, that you will not be …
Read More »Rocky start for PlayOLG.ca leaves customers frustrated
Ontario State’s newly launched GTECH Interactive powered online gambling portal PlayOLG.ca has faced several issues since its launch on Friday 9 January, which has left many Ontario online gambling consumers frustrated. Ontario consumers took to social media channels to report website issues regarding game loading times, onsite glitches and flawed geolocation access services which would not allow some customers to …
Read More »NYX Gaming completes CAD $45 million Toronto float
NYX Gaming Group Ltd. announced today that it has successfully completed an initial public offering and secondary offering of its shares on the Toronto Stock Exchange. Total IPO funding for both rounds equalled CAD $45 million (£25 million) In connection with the initial public offering, NYX Gaming Group issued 5,715,000 shares and an aggregate of 7,143,000 shares were sold by Verdane NVP …
Read More »Self-taught computer program finds optimal poker strategy
A computer program that taught itself to play poker has created nearly the best possible strategy for one version of the game, showing the value of techniques that may prove useful to help decision-making in medicine and other areas. The program considered 24 trillion simulated poker hands per second for two months, probably playing more poker than all humanity has …
Read More »Betfair promotes Liam Wallwork as Gaming Director
Betfair has announced the appointment of Liam Wallwork as Director of Gaming Operations. Wallwork will be responsible for the revenue performance and strategic direction of the operators gaming division, replacing Matthew Robinson who left Betfair in October 2014. Wallwork’s appointment sees him promoted from his previous role as Head of Gaming Opertions. Wallwork will work throughout Belfair’s current product gaming …
Read More »GamCrowd launches gambling specific incubator service
GamCrowd.com has evolved its gambling-specific crowdfunding and crowdsourcing platform through the launch of its new Incubator service. The programme sees GamCrowd directly offer a range of value-added provisions and resources to better prepare start-ups and assist with the process of crowdfunding through GamCrowd. Companies will enter the GamCrowd Incubator process in return for equity in their business. Participating start-ups can immediately …
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