From iGaming Business Betting exchange and online casino operator Betfair has released its preliminary financial results for the twelve months to the end of April showing that total revenues from continuing operations fell by 0.38 percent year-on-year to £387 million. Betfair rejected a preliminary takeover approach from private equity firm CVC Capital Partners Limited in May that was reportedly worth £911.7 million and revealed annual reported earnings before interest, tax, depreciation and amortisation of 51.2 million, which represented a drop of some 39 percent year-on-year. London-based Betfair declared an annual loss from continuing operations of £49.4 million, which is down…

From USA Today Struggling to stay afloat, Delaware’s embattled gambling industry has pushed a simple message at state lawmakers here: Help us, or workers will be laid off. But the reality is much more complicated and troubling for Delaware’s casinos. Gaming revenue in Delaware fell sharply in 2012. The first half of 2013 has been even worse. And darker days could lie ahead for the state’s three casinos in 2014 and beyond as competition from other states intensifies. Some degree of layoffs could be inevitable in the near term, no matter what action legislators decide to take. Casino operators have…

from iGaming Business Online casino software and turnkey solutions developer BetOnSoft has followed up last month’s launch of a high-definition Punto Banco table game by premiering eleven new titles in addition to an upgrade to its HTML5 mobile client. Malta-based BetOnSoft stated that its new Mobile Web Client 1.3 ‘further enhances the game user interface’ for Android, iOS and Windows Phone users while additionally supporting a wider range of mobile devices, providing ‘a more immersive online gaming experience’ and introducing fresh menu features and improvements. BetOnSoft revealed that the addition of eleven new video poker games brings to 30 the…

From Washington Post Cricket is a religion for many Indians. But, of late, this religion has been somewhat soiled by allegations of players working with illegal bookmakers to fix not only the outcome of the matches but also specific bowling and batting action in the game. Now, some Indians are saying that, as a solution, they want the practice of sports betting to be legalized. A survey conducted among 200 businesses by the Federation of Indian Chambers of Commerce and Industry reported that 74 percent of respondents voted that “legalizing sports betting will help curb match fixing problem.” Indian law…

New Jersey is set to begin the next phase of their long legal case aimed at bringing sports betting to the boardwalk of Atlantic City. The judicial panel which will hear oral arguments on June 26 has been announced. SBR expands on the legal hurdles NJ must overcome in today’s iGaming News video show. Judges Julio Fuentes of New Jersey and D. Michael Fisher and Thomas Vanaskie of Pennsylvania comprise the judicial panel. Circuit Judges listed for the week are Fuentes, Fisher, and Michael Chagares of New Jersey per John Brennan of NorthJersey.com, who SBR interviewed in October of last…

In North America, Tribal online gambling is being considered. After all, the online gambling industry is full of start up operations which are in some instances breaking new ground in the field of internet wagering. Now, Native American operators are secure in their traditional methods of offering punters the best there is. Canada has many Tribal Casinos which have recently been attempting quite successfully to offer an internet version of the usual casinos games and poker rooms. Bernard Shepherd who is the former Chief of the Wapi Muskwa Nation, is a well known personality in the establishment of Canadian Tribal…