Court Fines Tabcorp $45 Million for Anti-Money Laundering and Anti-Terrorism Financing Law Breaches

Court Fines Tabcorp $45 Million for Anti-Money Laundering and Anti-Terrorism Financing Law Breaches

One of the most successful publicly listed gambling giants on a global scale – Tabcorp has been hit with a record $45-million fine by the Australian Federal Court. The enormous fine, which is considered as the largest civil penalty in the corporate history of Australia, has been imposed on the company for breaching some laws related to anti-money laundering and anti-terrorism financing. The Sydney-based company would also be made to pay for the costs, which takes the overall amount that is to be paid by Tabcorp to over the breathtaking…

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VSoftCo Full Virtual Sports Product Suite Goes Live with IVISA

VSoftCo Full Virtual Sports Product Suite Goes Live with IVISA

The software development company VSoftCo which specialises in the international virtual sports market revealed that it has joined forces with Impresora Internacional de Valores S.A (IVISA). Currently, the latter is one of the leading providers of lottery solutions on the territory of Argentina. The Managing Director of VSoftCo Simon Westbury commented on the collaboration deal, describing the partnership as very exciting or the UK-based software developer. Mr. Westbury explained that joining forces with such a large provider of lottery solution would be fantastic for the British company as it would…

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William Hill Celebrates 2017 Cheltenham Festival with Interactive Shop Windows Campaign

William Hill Celebrates 2017 Cheltenham Festival with Interactive Shop Windows Campaign

With the beginning of the 2017 edition of the Cheltenham Festival scheduled for March 14th, the leading British bookmaker William Hill has been aimed at increasing the engagement of the players and bringing the latter the latest innovations in order to meet their highest expectations. As a result, the company revealed that it is to feature a strong promotional campaign to present its special offers and market odds for the Festival, so the bookmaker launched a series of interactive shop windows in its betting outlets across the country. When commenting…

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Mr Green Boosts Portfolio with Pragmatic Play Casino Content

Mr Green Boosts Portfolio with Pragmatic Play Casino Content

The desktop and mobile digital casino games provider Pragmatic Play officially revealed that it has inked a partnership agreement with the one of the fastest growing providers of online casino operators – Mr Green. The Head of Sales and Business Development unit of Pragmatic Play Yossi Barzely explained that the company remained focused on making further investments in research and development. What is more, the digital gaming provider would also invest in its staff in order to be able to meet the variety of their customers’ business needs and requirement.…

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Tabcorp Applies for Australian Competition Tribunal’s Tatts Merger Permission

Tabcorp Applies for Australian Competition Tribunal’s Tatts Merger Permission

Today, Tabcorp Holdings revealed that it has applied to be authorised by the Australian Competition Tribunal to proceed with its proposed merger of Tabcorp and Tatts Group. The combination of the two companies is expected to have a beneficial impact on their stakeholders, including the Australian racing industry. Since the transaction has been officially announced, Tabcorp has been focused on informing its investors of the process. The Chief Executive Officer and Managing Director of Tabcorp David Attenborough commented on the announcement, saying that at the time of the extensive discussions…

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mybet Group Expands Live Casino Offering with Evolution Gaming Solutions

mybet Group Expands Live Casino Offering with Evolution Gaming Solutions

The leading provider of Live Casino solutions Evolution Gaming revealed that it has inked a partnership agreement with mybet Group, which currently holds operating licences in a number of European countries. Under the agreement, the Live Casino offering of Evolution Gaming is expected to go live with mybet early in the second fiscal quarter of 2017. The Chief Commercial Officer of Evolution Gaming Sebastian Johannisson commented on the collaboration agreement, saying that everyone at the company was very glad with the fact they were to join forces with mybet Group.…

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Ladbrokes Coral Group Reveals “Historic” H1 2016 Results

Ladbrokes Coral Group Reveals “Historic” H1 2016 Results

Today, the UK betting and gambling giant Ladbrokes Coral issued their “historic” results for the 18 months which ended on June 30th, 2016 and revealed that its full-year results for the twelve months which ended on December 31st, 2016 are to be released on March 28th, 2017. As the company explained, the results presentation provides the proforma results for the Ladbrokes Coral Group as if the Group had existed for the entire period presented and excludes the performance of the 360 shops that were sold as a requirement for the…

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32Red Announces Record Annual NGR on Strong Regulated Markets Performance

32Red Announces Record Annual NGR on Strong Regulated Markets Performance

The award-winning online casino, poker, sports betting and bingo operator 32Red Plc announced its final results for the twelve-month period which ended on December 31st 2016. The company provided its performance highlights, as well as commentary from its Chairman and CEO, and the latter’s strategic review for 32Red’s goals for the future. The Chief Executive Officer of 32Red Ed Ware commented on the operator’s performance over the period, saying it was a real pleasure for him to share that the company experienced another “record annual performance” over the past fiscal…

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GVC Holdings Extends Leap Gaming Virtual Sports Content Offering

GVC Holdings Extends Leap Gaming Virtual Sports Content Offering

The multinational sports betting and gaming company GVC Holdings officially revealed that it is to extend its partnership agreement with Leap Gaming in order to keep the latter’s virtual sports content as part of its offering. Under the terms of the deal, the Group’s major gaming websites, including the ones of partycasino and bwin brands would be be able to offer Leap Gaming’s content. What is more, as part of the agreement, the scheduled racing events provided by the Leap Gaming brand would also be available to GVC Holdings’ websites,…

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INTRALOT Signs Sports Betting Product Partnership Agreement with AMELCO

INTRALOT Signs Sports Betting Product Partnership Agreement with AMELCO

The international gaming solutions supplier and gaming operator INTRALOT revealed that it has inked a partnership agreement with the UK bookmaker AMELCO. The deal is aimed to result in the development of special next-generation sports betting products offering. The Group Chief Executive Officer of INTRALOT Antonios Kerastaris commented on the definitive agreement, saying that the legacy of the company on a global scale was consolidated by the integration of the qualitative software functionalities provided by AMELCO. In addition, Mr. Kerastaris explained that all members of the management team of INTRALOT…

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