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Danske Spil interested in BetOn Finance

Monday, January 25, 2016 :  DANSKE SPIL INTERESTED IN NEW ONLINE GAMBLING VENTURE
 
Fibetco's BetOnFinance project combines share movements with internet gambling.
 
Denmark's state-owned online gambling giant Danske Spil is assisting and closely watching the progress of a new internet gambling venture launched by Copenhagen-based Finbetco to marry share price movements with online gambling.
 
The new venture's BetOn Finance website is the brainchild of a former Danish market analyst and senior banking official, Jeff Saul, who sees potential for a site that enables punters to gamble on share movements...and a Danske Spil spokesperson has indicated that the gambling group supports his view.
 
“We are highly committed to following new trends in the gaming market, and we think that this game has potential,” Sofie Ustrup, a spokeswoman for Danske Spil, told Bloomberg business news this week.
 
“Regular people in Denmark are now starting to pay attention to the stock market, and it has become normal, not just for experts.”
 
Ustrup revealed that Danske Spil provided help to develop BetOnFinance, including testing, because the combination of finance and gaming “is really, really interesting.”
 
“Now that they’ve gone live we’re following it very closely, helping with, for example, banner ads. When it’s up and running for some time, we will evaluate the nature of the future collaboration,” she said.
 
Saul said that his company hired the tech team that developed the popular Hitman third-person shooter game series to create BetOnFinance.
 
Players bet on the top performer - or the worst losers - each day from a choice of 30 companies which currently include Tesla, Netflix and the biotech firm Gilead. Companies that are too stable for excitement are excluded from the basket of companies available for betting.
 
Saul claims that there is no regulatory requirement in a financial supervisory sense because the games resemble fantasy sports and there is no correlation between winnings and the actual performance of the underlying stock, differentiating the betting from that on binary options.
 
“Our product isn’t a financial product: It’s a pool-betting product,” Saul told Bloomberg, revealing that he has obtained a licence to operate in Denmark and plans to obtain another in Malta before moving on to the UK market.

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

NBA Odds: Resurgent Clippers Face Warriors in Oakland - After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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