World Casino News
Endorphina launches Football SuperStar in time for FIFA 2018 World Cup Russia
Saturday, June 2, 2018
Endorphina launches Football SuperStar in time for FIFA 2018 World Cup Russia
DraftKings makes its first sports betting deal
Gambling Insider
DraftKings makes its first sports betting deal
US daily fantasy sports operator DraftKings, has announced the agreement of a licensing partnership with Resorts Casino Hotel, Atlantic City, a move which will eventually see the company offer an online sports betting product throughout the US state of New Jersey
Friday, June 1, 2018
Pala to award Audi and $10,000 each Friday
Casino City Times
Pala to award Audi and $10,000 each Friday
From 6 p.m. to 10:30 p.m., Friday, 1, 8, 15, 22 and 29 June, and Friday, 6, 13, 20 and 27 July, $1,000 will be awarded every half-hour to 10 lucky winners, a total of $10,000. The 2018 Audi A5 will be awarded at 11 p.m.
Finnish National Betting Agency Veikkaus Announces Massive Lay-Offs
Casino News Daily
Finnish National Betting Agency Veikkaus Announces Massive Lay-Offs
Veikkaus is currently fully-owned by the country’s Government, which has allowed to impose a legal monopoly on the Finnish lotteries and sports betting operations. According to information released by the company itself, Veikkaus has about 2 million regular customers, while approximately 400,000 people use its services every week.
The company, which is currently operated by the Ministry of Education of Finland, was established in 1940 as a result of the joined efforts of the Finnish Workers’ Sports Federation and the Football Association of Finland. Following the decision to start offering the national lottery, Veikkaus gained increasing popularity among local citizens, with approximately 70% of the Finnish people taking part in these services.
For the time being, it is the Ministry of Education which allocates the proceeds generated from the state-owned company and distributes them to various art and science projects, as well as to amateur sports. Back in 2010, Veikkaus provided the Ministry with approximately half a billion Euros to be shared with other national organizations. Gambling regulation, however, is regulated by Finland’s Ministry of Internal Affairs.
Co-determination talks started at the beginning of April between representatives of the employees and the company management. At the beginning of the talks the company said that up to 140 employees were at risk of losing their jobs.
Finns Are the Biggest Gamblers in Europe, Survey Says
A 2015 report issued by the National Institute for Health and Welfare, Finnish people were the ones who wagered the most in Europe, with approximately 80% of the country’s population gambling every year.
As mentioned above, the local gambling sector is directly controlled by the Government through a monopoly controlled by the national betting agency Veikkaus. Apart from the profit brought by the company to government ministries, Vekkaus also brings over €200 million in taxes to the Finnish Government budget.
Earlier in May, Veikkaus Oy has terminated a large number of customers’ accounts due to clarification of certain bank account policies. The exact number of accounts closed has not been disclosed by the state-owned agency, but according to media reports they amounted to approximately 30,000.
This spring, Veikkaus has contacted its customers in order to inform them for the bank account policies, with the players being reached by e-mail, letters and text messages. All players were asked to make sure that the bank account used was in line with the terms of use of the national agency.
The post Finnish National Betting Agency Veikkaus Announces Massive Lay-Offs appeared first on Casino News Daily.
PT's Entertainment Group's new happy hour
Casino City Times
PT's Entertainment Group's new happy hour
PT's Entertainment Group has expanded its happy hour offerings with appetizers, burgers and flatbreads priced at $6, $7 and $8, plus half-off drinks and beers, starting on Friday, 1 June.
NetEnt unveils simultaneous betting and gaming app
Gambling Insider
NetEnt unveils simultaneous betting and gaming app
Online gaming provider, NetEnt has announced its latest addition to its packed FIFA World Cup roadmap with NetEnt Live’s Sports Betting Widget
OPAP releases impressive Q1 2018 results
Gambling Insider
OPAP releases impressive Q1 2018 results
European gambling giant OPAP has released its Q1 2018 financial performance report which revealed that the company’s revenues increased by 5
