Online gambling giant 888 Holdings is predicting a jump in revenue due to the number of U.S. states relaxing the ban on Internet gambling. The London-listed firm runs online poker and online casino sites internationally as well as performing operations in Nevada. In the coming weeks, it should also have an online premise in Delaware and New Jersey as the two states roll out their own Internet gambling programs.
888’s Chief Executive, Brian Mattingley, stated in an AP article, “In 2014, we should start to see some meaningful revenues come through.” With only three states currently in the pipeline, however, the size of the revenue boost may not be as substantial as investors hope for. “California is the prize,” said Mattingley, “We are working flat out to identify some quality partners out there.”
Despite slow growth in other sectors, 888 Holdings reported a 2% increase in revenues in the third quarter, keeping its trades in line with forecasted expectations.
In related news, Golden Nugget Casino has just been awarded a license to offer web-based gambling in Atlantic City–the second casino in New Jersey to be cleared for launch.Bally Technologies will be providing the technology behind GoldenNuggetCasino.com and GoldenNuggetPoker.com. The New Jersey online gambling market is expected to come online on November 26th.
Original BetSoft slot, Safari Sam, was released in 2012. Safari Sam 2 follows the original version in 2021, and the adventure starts in the African savannah with the most famous hunter. However, a few changes have been made and now the Wild Girl has joined Sam in his quest for the mainland's wildlife. The original game's graphics are still nice and can compete with many other titles, but this sequel goes even further.
Relax Gaming (RG) saw its Gibraltar subsidiary, Relax Gaming Gibraltar, receive United Kingdom Gambling Commission approval, which indicates new growth opportunities "in one of the most important markets in the world." This means that RG games are available to UK providers via its Gibraltar subsidiary, which the group welcomes as “another milestone” in the group's continued growth strategy.
LeoVegas has opened the curtain for Blue Guru Games, the group's game studio that will release its first games later this year. This is part of their strategy to further control the gaming industry's value chain, with games that will be created for LeoVegas. It is planned to release a minimum of 20 games over the next 2 years.
From the very beginning, the company will have an experienced team in the game development sector.