USA Today to launch fantasy sports gaming site

iGaming Business – National US daily newspaper USA Today has unveiled plans to launch a fantasy sports gaming website that will focus on daily tournament-style games. According to the Adage.com website, Fantasy Score will allow players to compete in daily fantasy NFL American football games, with games involving NBA basketball, NHL ice hockey and MLB baseball due to be introduced in the coming months. The new service will initially earn revenue from selling display adverts and native advertising, sponsorship and game management fees. Mark Pesavento, vice-president of innovation at the USA Today Sports Media Group, said that once a certain…

MGT goes live with skill-based gaming website

iGaming Business – Online and mobile gaming investment vehicle MGT Capital has announced the commercial launch of its MGTplay.com real-money, skill-based gaming website. MGTplay.com offers a range of games that allow registered players to wager and win cash in head-to-head games with other players via the internet for small stakes. The new website, which will offer one-on-one play or tournaments, will host online competitions in various casino game genres such as cards, sports, puzzles, strategy and arcade. Customers will be able to play against other players from around the world for fun or to win real cash. The new website…

Sweden-based Kiggit considers real-money gaming move

iGaming Business – Sweden-based mobile gaming start-up Kiggit is considering a move into real-money gaming after the successful launch of a social football application. Kiggit, which went live around one month ago, allows players to predict football matches, create social betting slips and challenge friends. The firm is already set to introduce Kiggits, a virtual currency that can be used on the game, but is now considering the option of integrating a real-currency offering in the future. Other features currently in development include leaderboards, live scores, in-game statistics, live betting options and a chat feature for interaction before, during and…

Spin Games release six new titles in New Jersey

iGaming Business – US distributor KGM Gaming and gaming content developer Spin Games have successfully launched six new HTML games in the regulated New Jersey interactive gaming market. The six HTML5 games are part of the proprietary Video Poker Royale suite, which cinsists of Deuces Wild, Deuces Wild Elite, Double Double Regal Poker, Double Regal Poker and Regal Poker Deluxe. Under a previous deal with Caesars Interactive Entertainment, the two companies agreed to provide the land-based operator with a remote gaming server and game titles for its online gaming operations in the US state. The six new games are now…

Chinese Company Acquires 28% of South Korean Online Gambling Firm

China’s biggest listed internet company, Tencent, has announced that it is to acquire a 28% stake in South Korean online gambling and mobile gaming firm CJ Games for $500 million (€363.2 million). Under the agreement, Tencent said that it would acquire a mixture of existing and newly issued common stock, making it the third-largest investor in CJ Games after Bang JH and CJ E&M Corp. The Chinese company said the deal would allow it to expand its online and mobile gaming business and grow its presence overseas. In addition, CJ Games will be able to establish a foothold in the…