Novomatic issues €500m bond
28 Sep 2016 Blazej
To help fund its expansion, the Novomatic Group has issued a €500m corporate bond that immediately attracted interest among institutional investors, with the order book being six times over-subscribed. The bond was marketed through a roadshow that took place in London, Frankfurt, Amsterdam and Vienna and is divided into €500 units. The fixed-interest bond has a seven-year life at 1.625 per cent per annum.…
Ongame Network closing next month
28 Sep 2016 Blazej
The once mighty Ongame poker network is reportedly not long for this world. Earlier this month, Russian poker affiliate Pokeroff.ru reported that the Ongame Network had informed its remaining customers that the site would be shutting down effective Oct. 15. On the plus side, the network is reportedly averaging only around 100 customers, so there won’t be too many people to disappoint. Ongame was…
Russia reportedly planning to double taxes on betting shops,…
28 Sep 2016 Blazej
The Russian Finance Ministry is planning to double the tax for betting shops and slot machines, local media reported. The remarks were made by Deputy Finance Minister Alexei Moiseyev (pictured) during a briefing at the Moscow Financial Forum on Friday. "We believe that they should be adjusted, we are planning to increase them twofold. But our plan is to keep increasing them…
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Casino
Novomatic issues €500m bond
To help fund its expansion, the Novomatic Group has issued a €500m corporate bond that immediately attracted interest among institutional investors, with the order book being six times over-subscribed. The bond was marketed through a roadshow that took place in London,…
Philippines casinos report 30% r…
Casinos in the Philippines reported a 30% increase year-on-year in aggregate gross…
[Poland] Minister supports retur…
A low stakes slot machine has reportedly been operating for several months…
[Poland] There will not be a pub…
At the meeting of the Finance Committee on September 21 it has…
Bookmaker
Russia reportedly planning to double taxes on betting shops, slots
The Russian Finance Ministry is planning to double the tax for betting shops and slot machines, local media reported. The remarks were made by Deputy Finance Minister Alexei Moiseyev (pictured) during a briefing at the Moscow Financial Forum on Friday. "We believe…
French online gambling operators…
France’s regulated online gambling market remained ugly for its licensed operators in 2015, according to new…
[Poland] Financial Supervisory C…
Payment service providers should immediately break their contracts with companies that organize illegal Internet gambling, informs…
Another profitable year for Bet3…
Online gambling giant Bet365 has turned in another impressive annual set of results for the year…
Lotteries
EuroMillions rings the changes as ticket prices rise
European-wide lottery game EuroMillions has increased the cost of tickets, with the odds of winning set to become longer for players. From today’s (Tuesday) draw, consumers will have to pay £2.50 (€2.88/$3.24) for one line, up from the previous cost of £2. Players…
Philippines to privatize lottery - officia…
The Philippines government has confirmed it is planning to privatize lottery operations of state-owned Philippine Charity…
IGT signs contract with Florida Lottery
IGT announced that its subsidiary, IGT Global Solutions Corporation, has signed a contract with the Florida…
Intralot's Q2 2016 financial results go li…
Intralot SA announced its financial results for the six-month period ending June 30th, 2016, prepared in…
Poker
Ongame Network closing next month
The once mighty Ongame poker network is reportedly not long for this world. Earlier this month, Russian poker affiliate Pokeroff.ru reported that the Ongame Network had informed its remaining customers that the site would be shutting down effective Oct. 15. On…
IGT signs four-year contract ren…
International Game Technology PLC has signed a four-year contract extension to enhance the suite of interactive…
PartyPoker releases update for m…
PartyPoker has launched an updated version of its mobile application. According to the CompatiblePoker.com website, players are…
PokerStars outlines further chan…
Amaya Gaming has announced that it is to make a series of changes to the VIP…
