2015-01-30

NEW LICENSEE FOR QUICKFIRE



Quickfire games have been added to the gaming suite at NetBet online casino following a deal signed late last year with owner Cosmo Gaming Company Ltd, a well-established online sportsbook and casino operator.

Following a swift and trouble-free integration, the new games went live this week, with more scheduled for delivery over the next few weeks.

A Netbet spokesman said the quality of the new games will help the operator attract players.




2015-01-30

ONLINE SPORTS BETTING CONTINUES TO DELIVER THE GOODS FOR FRENCH OPERATORS



French regulator ARJEL's fourth quarter 2014 report illustrates once again how important sports betting is to French operators, with fourth quarter growth in stakes at 22 percent to Euro 322 million, resulting in a full year rise in wagers of 31 percent to Euro 1.1 billion.

However, the French market continued to labour when the results of the poker vertical, and especially the cash game sector, are examined, once again clearly feeling the weight of a lack of player liquidity in the dedicated market and heavy taxation. Poker tournament fees at least remained relatively stable.

Online cash game stakes in Q4 declined 12 percent to Euro 1 billion (Q4-2013: Euro 1.2 billion), whilst over the full year stakes declined from Euro 5 bllion in 2013 to Euro 4.3 billion in 2014.

ARJEL made the point that cash game stakes in the market have slipped 33 percent since 2011.

The low level of staking was reflected in the gross profit numbers for cash game activity; on a full year basis down Euro 14 million y-o-y at Euro 123.2 million, whilst over Q4-2014 profit sank Euro 5.5 million to Euro 23.5 million.

Annual tournament fees rose 9 percent to Euro 1.5 billion, whilst fourth quarter fees were up Euro 31 million over Q4-2013 at Euro 424 million.

Annual gross profits on poker were up at Euro 117.5 million (FY 2013: Euro 111 million) and slightly up over the last quarter of the year at Euro 31.7 million (Q4-2013: Euro 30 million).

Other points of interest in the report included:

* Quarterly gross profit was flat in Q4, although taken over the year delivered 38 percent growth to Euro 227 million;

* At 83 percent, the pay-out ratio in Q4 was more punter-friendly than the preceding quarter (75.5 percent);

* Football remains very popular with French gamblers, accounting for 64 percent of all online stakes, with basketball its nearest rival on just 15 percent;

* Active player accounts soared 36 percent to 1.14 million over the year;

* The key 18 to 34 year demographic was again active, with just on 50 percent of them using mobile devices to deposit. In contrast, upwards of 60 percent of the 35 to 65 demographic chose to use desktops;

* Horse racing results were again disappointing, with online pari mutuel wagers down 7 percent y-o-y to Euro 1.03 billion, a figure last visited in 2011. Compared with Q4-2013, stakes dropped 2 percent in the fourth quarter to Euro 271.8 million;

* Gross profits across the market managed only a 1 percent rise to Euro 67.7 million in Q4-2014, bringing the annual gross profit figure to Euro 257 million, an actual Euro 7 million decline;

* French punters overwhelmingly (83 percent) used credit or debit cards to make their deposits, with just over 11.5 percent selecting pre-paid cards; 4.7 percent e-wallets and only 0.7 percent conventional bank transfers.




2015-01-30

MULTI-CHANNEL LAUNCH FOR NEW I.G.T. SLOT



International Game Technology's popular land-based slot Prowling Panther has been formatted for online and mobile use and launched simultaneously on both channels in the UK this week.

The jungle and wild animal themed game, which was also made available to UK land casinos this week, is a 720 payline Multiway Xtra slot that combines the Stacked Wilds feature with 2X Wild symbols to create the possibility of big rewards,

IGT will be following up the launch with two more releases during the ICE show week in London; two new MegaJackpot games, along with with new branded content themed around Wheel of Fortune, Sherlock Holmes and Family Guy.




2015-01-30

CHERRY HALTS INVESTMENT IN SPORTS LOTTERY



The Swedish online gambling group Cherry has decided to phase out its involvement in the Swedish sports lottery Klubblo, citing changing conditions for conducting the business.

In a statement Friday, Cherry explained that the Swedish gaming regulator, Lotteriinspektionen, has changed the application of the regulatory framework, which has made it impossible for Klubblo to cooperate with sports associations whose federations are not members of the sports alliance Idrottsalliansen.

Some major federations, including the Football Federation and Ice Hockey Federation, are prevented from joining the Sports Alliance due to exclusivity agreements with the virtual online gambling monopoly Svenska Spel.

Fredrik Burvall, CEO, Cherry, said in the statement: "The goal was that Klubblo, with its focus on grass root sports, would take a strong position as a partner to Swedish sports within the area of gaming and lotteries. Under the prevailing conditions, Klubblo does not fit into Cherry's strategy."

Burvall expects that liquidity will be be affected negatively by approximately SEK -1.5 million during the fourth quarter and the remainder of 2015. Impairment of assets and shares as well as results related to Svenska Klubbspel AB will be charged to financial income from associated companies with SEK -7.7 million and will be reflected the Q4-2014 report.




2015-01-30

SKILLONNETS CASINO LICENSEES GO MOBILE



Online gambling software supplier SkillOnNet has announced the release of its updated mobile casino platform via its flagship European brand EUcasino and UK-dedicated SlotsMagic.co.uk websites.

All licensees and white label customers will launch their mobile casinos throughout this week and next with a final global release date set for the first week of February, a company statement advised Friday.

The statement reveals that SkillOnNet has adapted the casino platform for mobile users after a successful beta test period.

Andy Andrew of SkillOnNet said: Consumers want to play their favourite games where they want and when they want. Mobile compatibility will be essential going forward and we aim to be in the vanguard of this push."

In addition to operating its own casinos, SkillOnNet provides over 50 proprietary slot and table games to its white label partners, along with games from Net Entertainment, WMS, Amaya, and NextGen Gaming.

The supplier claims it will soon boast the widest selection of live casino products on the market when its offerings from Evolution Gaming and XProGaming are boosted by further content from Amaya and Net Entertainment.