Online Casino News From Around the Globe

Bwin.party Wants Out Of Social Casino Business
Dec31

Bwin.party Wants Out Of Social Casino Business

The Gibraltar based bwin.party made their intentions clear in 2012 when they invested $50 million in the Tel Aviv based social gaming company Win. At the time bwin.party like many others thought the social casino market would continue to grow and offer revenue opportunities. While the social casino market has been one of the best performing sectors for gaming companies like Caesars with their social casino subsidiary Playtika and IGT with Double Down, the market has largely been captured by these big players. The smaller companies are not able to compete with the likes of Caesars and IGT. A report in Bloomberg quoted bwin.party officials as saying,” We are in active discussions regarding the sale of Win, the group’s social gaming business and expect to make a further announcement shortly. The group is continuing its discussions with several parties regarding a variety of potential business combinations with a view to creating additional value for Bwin.Party.” As anyone following the developments of online gaming in the last few years knows, real money gaming companies use social casino subsidiaries to build a loyal audience which they can switch over to real money when it is legally possible to do so. However the pace at which online gambling is being legalized in markets like the U.S. has not been quick enough and has resulted in smaller companies like bwin.party struggling to get a viable market share in this fiercely competitive sector. Bwin.party reported lost in the region of $8.5 million from their social casino business in...

Read More
MGT Sports Teams Up With Vivid Entertainment In Daily Fantasy Sports Betting
Dec30

MGT Sports Teams Up With Vivid Entertainment In Daily Fantasy Sports Betting

The explosion of daily fantasy sports betting sites has been one of the trends to watch for in 2014 as the market is proving to be a multibillion dollar cash cow. In fact male audiences in 30’s age group are one of the most sought after online audiences as they have plenty of disposable income which they like to spend on anything that is fun. One of these old age vices is adult websites which according to some enjoy more visitors than Amazon, Netflix and Twitter combined. This week saw one of the more interesting partnerships develop between daily sports betting and adult porn company Vivid Entertainment. The idea of adult entertainment combined with sports betting is not new. We reported on the likes of Strip Sports Betting in 2013 2hich made quite a stir at the time. The owners of daily sports betting site DraftDay.com, MGT Sports have partners with Vivid Entertainment to create a new sports gaming site called VividBetSports.com which will merge the worlds of adult entertainment and gambling. For many this combination is a natural fit as the audiences for both these industries is largely males in their 30’s. Sports betting and in particular daily sports betting sites are enjoying boom times as major brands like USA Today and Sports Illustrated are amongst many looking to tap into their massive revenue generating sector. The notion of using the millions of adult website users for sports betting is seemingly a winning idea as according to Vivid adult websites make about 30 percent of the internet bandwidth. MGT CEO Robert Ladd echoed this when he commented on the new partnership with Vivid,” We are deeply excited about working with a synergistic partner like Vivid. As over 80 percent of fantasy sports players are males with a mean age of 34 years, the demographics show we are addressing the same audience. The Vivid brand has been in existence for 30 years, and this partnership offers a dynamic opportunity for millions of Vivid fans to test their skill in the daily fantasy sports world.” Vivid Entertainment co-chair Bill Asher was equally excited to use their audience to enter the sports betting market,” MGT Sports brings unequalled technical and operating know-how and we provide access and marketing experience to a loyal and enthusiastic fan base. Through Vivid.com and our other websites we will offer easy one-click access and the ability to promote the site through Vivid Radio and Vivid TV, as well as through our other marketing platforms. Daily fantasy sports gaming is a huge and fast-growing segment and we are pleased to be affiliated with a company that is...

Read More
Draftster Looking To Compete With FanDuel and DraftKings in 2015
Dec28

Draftster Looking To Compete With FanDuel and DraftKings in 2015

With 2014 almost behind us it is well worth looking back at some of the trendsetters in the gaming world. One of the most interesting sectors for 2014 was without a doubt the fantasy sports betting markets which have exploded. The likes of FanDuel and DraftKings have made real money daily fantasy sports leagues all the rage. With online gambling in the U.S. still being limited to only three states there are millions of Americans who are looking to gamble for real money in a legal framework. Fantasy sports betting has taken advantage of the legal loopholes in the U.S. legal system as they fall under games of skill and not chance which makes them legal. The potential market for punters who play fantasy sports is massive with conservative estimates ranging from over 40 million players in the U.S. and Canada. While we have reported in detail on the progress of the major daily real money fantasy operations like DraftKings and Fanduel, there is no shortage of new and aggressive players on the market who are looking to get in on the action. One such company to lookout for in 2015 is the California-based Draftster. In a recent interview with Gambling911.com, Draftster answered questions regarding their upcoming plans. According to product Manager Michael Santore, Draftster is similar to other fantasy sites in the market but stand out with their user-interface which allows you to import or copy your lineup to various contests with the ability yon make last minute changes to your lineup. Entry to the competitions are free and  real cash prizes are offered. While Draftster has a long way to reach the hundreds of millions of dollars handed out by FanDuel and DraftKings in prizes, they could well be planning to partner up or even be acquired by one of these giants. Their platform would make the ideal partner for the likes of ESPN or Yahoo who are rumored to be looking to enter the daily fantasy sports market niche. Santore went on to say that Draftster are open to all potential partnerships and opportunities which makes you ask the questions if this is their real intention for 2015. It was only a few weeks ago that we covered a similar story with Swoopt being acquired by...

Read More
New Zealand TAB Website Victim Of DDoS Attack
Dec27

New Zealand TAB Website Victim Of DDoS Attack

The issue of a distributed denial of service attack (DDoS) for online gaming sites has been covered extensively by our team. We all remember the reported DDoS attack on Sheldon Adelson’ Sands website which affected operations for about a week. The internet provides the ideal gateway for online pirates to blackmail online gaming operators with the threat of a DDoS attack. Needless to say the impact of a carefully timed attack can be devastating for any online operator and it is not unheard of for some online gaming sites to yield into the blackmail threats. Some even write it off as an unavoidable expense which is just part of doing business. A recent victim of such an attack was the website of the New Zealand Tab which came under attack on Boxing Day (December 26th). The site crashed multiple times but remained operational  on a limited basis. Chairman of the New Zealand Racing Board (NZRB), Glenn Patrick said that the site’s ability to ward off a “concentrated cyber-attack” was due to the efforts of their experts who worked around the clock. According to Patrick no customer detail information was compromised and they had already handed over the suspected identity of the perpetrators to the police. In related news the new figures released by AUT University on New Zealand gambling habits show that overall online gambling has not increased gambling as a whole. In 2012 for example about 80% of 6,251 adults surveyed acknowledged taking part in some form of gambling which was down from the 86% in...

Read More
Delaware Online Gaming Revenues Increase 42 Percent In November
Dec26

Delaware Online Gaming Revenues Increase 42 Percent In November

The story of online gambling in the U.S. for 2014 has had a lot of twists and turns with most of them being nothing to celebrate. The State of Delaware is just one of three U.S. states that internet gambling in some form or other is legal. It is considered the smallest online gambling market after New Jersey and Nevada with a population of under a million people. The small potential player base is the reason why Delaware and New Jersey signed an interstate compact with each other in February which is yet to come into play. In a surprise turnaround the month of November saw an increase of 42 % in igaming revenues in Delaware. This is good news as it represents the fourth highest total achieved since its launch a year ago. November saw online revenues reach $184,898 which was up from the $130,268 of October. The revenues were generated from the three online gaming sites in Delaware which are Harrington Raceway, Dover Downs and Delaware Park. Delaware saw their bestt month in April with online revenues peaking at $240,762 and were at their lowest in the first month of operation way back in November 2013 where they were a measly $111,387. The top performing iGaming site is Delaware Park who make up 66% of the market for November. This is followed by Dover Downs who made up 17% with $31,421 which was closely followed by Harrington Raceway with $30,583. Online poker revenues saw an increase of 15 percent for November as earnings from all three sites took in $32,814 with Delaware Park making up 59% of the action....

Read More
Page 1 of 612345...Last »