Amaya Gaming has posted record results for FY 2016. Total revenue came in at $1.15 billion, an increase of 8% on the $1.07 billion posted in the previous year. While online poker remained the company’s top earner, its casino and sports betting verticals are contributing an increasing share to revenues. As the company is moving away from its poker roots, Amaya CEO Rafi Ashkenazi further revealed that the company’s upcoming annual general meeting will ask shareholders to approve a new corporate name “to better reflect the company we are today and the company we aim to be in the future.”
The European Gambling and Betting Association (EGBA) has published a guidance document on “a proper implementation” of the Fourth Anti Money Laundering Directive which European Union member states must implement by June 26, 2017.
Winning punters in Ireland have no protection in law if operators fail to pay out, according to an Irish judge.
EnergyBet has become the latest online gambling operator to withdraw from Poland. The country’s new gambling act, which comes into effect on April 1, introduces a 12% tax on wagering turnover, despite opposition from operators who claim such a high rate makes the market unprofitable.
Swedish digital marketing firm Mobajl AB has landed in hot water for the distribution of an unsolicited mobile marketing promotion for LeoVegas in the Norwegian market.
A New Orleans casino claims $70 million in losses from a local smoking ban.
Gaming software supplier Playtech has launched a £500k casino cash giveaway.