Seven things you need to know in gaming today – Friday, February 13

Seven things you need to know in gaming today – Friday, February 13

Friday, February 13, 2015 Totally Gaming

Social gaming company Zynga has suffered a significant drop in revenue during 2014. Full-year revenue amounted to $690.4m (€605m), down 21 per cent on the previous year. Net income, bookings and adjusted EBITDA also fell in 2014...

However, New Jersey has kicked off 2015 in a positive manner after the US state’s regulatory body revealed a year-on-year increase in online gaming revenue during the month of January. Total internet win amounted to $11.6m in January, up 22.3 per cent on the same month last year and an increase of eight per cent on the amount collected in December. Overall gambling win for operators in the New Jersey market totalled $197.6m... 

Meanwhile, in a move that could bolster activity in another US state, the Nevada Gaming Control Board is expected to support a proposal to legalise betting on the Olympic Games. Wagering on the Olympics is currently illegal in Nevada as the event is classified as amateur, but lobby groups have highlighted how betting on the Games is commonplace in other markets. The Board is expected to recommend the state’s gaming commission legalise such betting activity when it meets later this month...

Also in the North American region, Jaymin Patel is to step down as president and chief executive officer of GTECH's Americas division. Patel has been with the company for 17 years, but has opted to depart in order to pursue a new opportunity...

Mike O’Kane, who has been interviewed by today, has been re-elected as chairman of international sports betting integrity body the European Sports Security Association (ESSA) for two years. Click here to read his interview...

In the UK, Gala Coral has rejected speculation that it has received a bid from OpCapita for its Gala Retail business. The operator said an offer has not yet been tabled, but confirmed that talks are ongoing with a number of interested parties...

And finally, PCG Entertainment has struck a deal to acquire Asian-faced online gaming software firm Center Point Development Corp in a takeover worth up to $20m.


Paddy Power Betfair takes majority stake in Adjarabet


888 secures igaming licence in Portugal


Swedish regulator issues final warning to licensed operators


IG highlights client ‘quality’ as ESMA measures hit

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