From iGaming Business – Online gambling operator 32Red has once again reported record revenues with total gross win rising by 15% to £19m ($28.7m/€22m) for the first six months of 2013; up from £16.5m in the same period in 2012. The positive performance of the company is underpinned by strong trading at 32Red Casino, its flagship online operation. The firm reported a 34% year-on-year rise in active casino customers while gross win rose 17% in the same period to £16.9m. The total revenue figure also included a £500,000 maiden contribution from Italy following the launch of 32Red’s casino operation last…

From The Hill – Lawmakers on Wednesday expressed broad agreement that more regulations are needed for online gambling. A Senate panel on Wednesday derided out-of-date regulations that make it easy for almost anyone to bet money online without proving their identity. “Shame on us if we don’t get something done on this because, when I think about the possibility for money laundering, terrorism, drug trafficking and the potential for children to get access to use the Internet as well as people to add to the addiction issue, I hope this is something that we move on very quickly,” said Sen….

From iGaming Business – PokerStars has confirmed that it will be launching a range of online casino products on the Full Tilt Poker brand but would not give an indication of timeframes involved. OnlinePokerReport first mentioned the possibility of the world’s leading online poker site diversifying into online casino as a way to target the regulating US iGaming market. Another reason for the move could also be that Full Tilt Poker has not lived up to expectations following PokerStars’ acquisition of the troubled site last summer. The name of the new venture could mean a new company name for the…

From iGaming Business – Real-money gaming company Betable is reported to have raised a new round of funding led by early stage venture capital firm Venture51. Although Betable is yet to comment, pandodaily.com reports the round is for $15m to $20m (€11.4m to €15.2m) and values the firm at between $80m and $100m. Betable made the move to real-money gaming in 2012 and offered investors the chance to cash out at the time. After just one opted to leave, the firm remains supported by a list of backers including Venture51 and now offers a service allowing regular social game developers…

From iGaming Business – Sportsbetting solutions provider SBTech has extended its partnership with Gaming Media Group-owned Danish operator Mermaidbet.df to offer its mobile betting platform to the regulated Danish market. SBTech’s HTML5-based platform is compatible with all mobile devices and offers users access to over 8,000 monthly live events in addition to the ability to deposit and track transactions. The deal will strengthen SBTechs’ position in the field of providing a suite of sportsbetting products for regulated markets. Itai Zak, SBTech chief executive, said: “We know how important mobile betting solutions are to our sportsbook clients and I’m certain our…

Online gambling is back before Congress, and some are betting it will move forward this time. Congress has swung into action this year after moves by states to set up their own Internet wagering systems. At least two bills to regulate Internet gambling have been introduced in the House of Representatives, and a Senate committee has scheduled a hearing on Wednesday on the matter. After years of treating online gambling as criminal, the US government quietly shifted its stand in late 2011 when the Justice Department released an opinion stating that only sports betting should be prohibited under a 1961…