The Virtual Gaming Show, an online meet up for all gaming people. Press Release – Connecting to the right people has always been the building blocks of any business. In the old days, you would literally go to the market and engage with partners. Nowadays the whole world is online and networking on social networks, but where is the marketplace? Where do you go to connect with all the right people at the same time? The answer is an online meetup in a form of a virtual exhibition. In the gaming industry there is one coming up and it’s called…

CNBC – Online bookmakers are scrambling to move into Europe and Australia to offset potential losses from an upcoming U.K. gambling tax, which could cause a “seismic shift” in the industry, according to analysts. From December 2014, a 15 per cent levy will be placed on remote offshore gambling firms that serve U.K. customers, in a move that may raise £300 million pounds ($467 million) for the taxpayer. This will hit major U.K. bookmakers like William Hill and Ladbrokes, which operate from Gibraltar, where taxes are currently levied at 1 per cent and capped at £425,000. Analysts said the so-called…

Silicon Angle – Banks, retailers, Google, the NSA, they all lover their data. But one of the more intriguing use cases for Big Data involves the gambling industry, a sector that’s so reliant on number crunching and intelligent prediction that it’s been left with little choice to grab a hold of its masses of data and exploit it to the max. The first adopters of Big Data in the betting game were, unsurprisingly, the bookies themselves. UK bookmaker Paddy Power‘s experience is one that mirrors that of many leading betting sites, when the rise of online gambling meant that it…

One crowd rolls dice, the other rolls its hips. But could the two be combined using internet betting into one target audience? Usually, Atlantic City casinos and video game publisher Majesco Entertainment — maker of the wildly popular Zumba Fitness games — see little overlap in their customer bases. That changed last week. The Edison game company acquired social casino game developer Orid Media and Isle of Man online gambling operator Pariplay, which already has a catalog full of slot and scratch-card games, as part of its new venture to push into a growing market. Consumers worldwide spent more than…

Casual games developer Big Fish Games is to undergo a major restructuring programme that will lead to nearly 140 people losing their jobs at the company’s bases in the US and Europe. According to the Seattle Times newspaper, 49 people will be laid off at the firm’s Seattle headquarters in the US state of Washington, while the company will also close its European headquarters in Ireland – confirming the loss of 89 jobs. Paul Thelen, founder and chief executive, sent a letter to employees on Thursday morning stating that the company would also replace its president and close a studio…

iGaming Business – Social networking website Facebook is ready to embrace a “mobile revolution” in order to help publishers take advantage of a mobile gaming industry that is expected to be worth $12 billion (€9.23 billion) next year. Simon Whitcombe, games lead at Facebook, said that Facebook’s main objective would be to help publishers to sell more games, as the social network offers a direct opportunity for console, PC and mobile games publishers to connect with their fans. “The two areas of our business that are going through phenomenal growth are the mobile side of our business and the console…