Gambling and casino related news
09.05.2008
Sportingbet downsizing includes senior exec
Comments made by the CEO of Sportingbet.com, Andy McIver, to the publication eGaming Review this week reveal that the company and its employees have faced a tough struggle following its withdrawal from the United States market in the wake of the UIGEA.
09.05.2008
Top management change at Boss Media
The change of ownership at Swedish online gambling software provider Boss Media was perhaps reflected in the presentation of Q1 2008 results this week, which included the announcement by CEO Michael Hallen of his successor - GTECH's Rahul Parekh.
09.05.2008
More resignations at Swedish gambling monopoly
Decisions by the board of directors at Sweden's state-owned gambling monopoly Svenske Spel continue to create disquiet among some managers, leading to the resignations of a further two executives in the wake of the departure last week of CEO Jesper Karrbrink
09.05.2008
Party Gaming deal with US authorities in sight?
London-listed online gambling group Party Gaming plc could achieve a settlement of its U.S. position with Department of Justice officials before the year is out, Chief Executive Officer Mitch Garber told business reporters this week. Garber, who leaves Party Gaming on 1st May 2009, said his departure would not impact such a settlement.
08.05.2008
Cryptologic signs online games deal with 888.com
Two giants in the online gambling world, the Gibraltar-based betting group 888.com and Dublin-based online games developer Cryptologic have signed a three year licensing deal which will see 888 selecting and integrating casino games from CryptoLogic.
08.05.2008
Massachusetts casino bid may make a comeback
The furore in the Massachusetts Legislature earlier this year, which ended in the defeat of a proposal by Governor Deval Patrick to introduce three large land casinos to the state to improve tax revenues, could be on the cards again according to a report in the Boston Globe this week.
08.05.2008
Online gambling "social" site launched
A Californian company has launched a gambling-dedicated social networking website at MyBetPlace.com, entering the burgeoning field of Web 2.0 community interaction.
07.05.2008
French protectionist gambling laws "atrocious"
Judging by exchanges in the British Parliament's House of Lords this week, the French protectionist attitude toward its gambling interests irks more than a few Brit peers.
07.05.2008
Five new game releases from Microgaming
Racetrack action characterises the 5 reel, 25 pay-line new video slot SURE WIN, which heads up five new games on the monthly release list from Microgaming. Sure Win offers Wild, Scatter, Multiplier, Gamble and Free Spin action and the opportunity to win up to 35 000.00 in the base game, or 140 000.00 with good fortune and skilled choices on the Free Spins.
07.05.2008
Mexican land casino group launches online casino
The Mexican land casino operator Entretenimiento De Mexico (Emex) has launched its new Playtech-powered Palmas Casino.com, extending its solid reputation and long experience to the Internet.
07.05.2008
Feverish dancing and jet combat in new Party Casino offerings
The much awaited new series of movie-themed online slots flowing from a licensing agreement between Party Gaming and Paramount Pictures (see previous InfoPowa report) was launched on the Party Casino website this week.
07.05.2008
888.com revenues up 38 percent in Q1
Online casino operations made a stellar contribution to 888.com's impressive Q1 2008 results released this week, delivering a 35 percent net gaming revenue gain over the same period last year. The performance enhanced an already positive overall group performance that saw net gaming revenues rise 38 percent to $64 million (Q1 2007: $47 million).
07.05.2008
Patent issues can be expensive
The patent infringement suits filed in a Missouri district court by 1st Technology this week against seven more online gambling companies (see previous InfoPowa report) has already triggered extensive Internet blog comment, including some interesting observations at Covers.com.
07.05.2008
Techie sponsorship by Betfair
The online gambling and betting exchange group Betfair has recognised the importance of technical talent in the high-tech world of Internet gambling by signing up as a sponsor for the 2008 TopCoder Open scheduled for May 11th - May 15th at the Mirage Resort in Las Vegas.
06.05.2008
NetEnt signs up another two operators for its popular online casino system
Further evidence of the popularity of the Net Entertainment online casinos system Casino Module was shown this week by licensing agreements with another two new licensees - Happybet Ltd. and Simbat Entertainment Systems Ltd.
06.05.2008
Patent enforcer in action again
Seven more online gambling companies find themselves undergoing the unwelcome patent attention of Dr. Scott Lewis and his 1st Technology company this week, with the costly Bodog dispute apparently at a stalemate.
06.05.2008
More records for Playtech
The Isle of Man based and London listed online gambling software developer Playtech plc turned in another record quarterly performance this week, showcasing record Q1 2008 revenues of US$39 million - an increase of 97 percent on the US$19.8 million achieved in the same period last year, and a 19 percent rise on US$32.7 million on fourth quarter 2007 revenues.
05.05.2008
Positive Q1 results from Netent
The Swedish online gambling turnkey provider and games developer Net Entertainment is off to a good start to 2008, with positive Q1 results showing improvements in sales, profits and margins.
04.05.2008
Web gambling still in the top 10
The popular online information and news site ZDNet's latest US statistics for February and March 2008 indicate a growing interest in online gambling, currently showing the third largest percentage monthly increase.
03.05.2008
Kentucky Derby could be impacted by UIGEA complications
U.S. horse racing companies comfortable with their specially exempted online betting status in US legislation have apparently discovered some inconvenient facets of the Unlawful Internet Gambling Enforcement Act which has so effectively reduced competition by offshore firms.
03.05.2008
Big wins in internet casinos
Several online players hit into big money at online casinos over recent weeks, winning six figure amounts on both progressives and standard slots.
02.05.2008
Momentum gathers for first ever "international minimum standards" on responsible gaming
Following its introduction at the European Interactive Gaming Expo in October, the International
Responsible Gambling Code of Conduct continues to gather pace as it receives support from key industry
bodies such as the European Gaming and Betting Association (EGBA) eCOGRA and the Interactive Gaming Council (IGC) who have contributed to the Code’s development.
02.05.2008
Canadian federals or provinciall geovernments could have shared in Kahnawake success
The Gazette newspaper in Montreal continues to unearth online gambling gems in its ongoing coverage of the Canadian Gaming Summit currently taking place in that city. The latest concerns an offer by the Mohawks to include the Ottawa or Quebec governments in its successful foray into Internet gambling back in 1999.
01.05.2008
Neteller concludes Calgary property sale
The Isle of Man based e-cash processor Neteller plc has signed a revised agreement for the sale of its Calgary property to Leben Investment Corporation. The revision means that closing will now occur end June 2008, allowing Neteller to receive two further non-refundable stage payments in addition to the non-refundable deposit of CAD$ 1.3 million received to date.
01.05.2008
Anti-UIGEA bill has already attracted ten co-sponsors
Introduced to the House by Congressmen Barney Frank and Ron Paul only on April 10, a bill seeking to halt the implementation of the notorious Unlawful Internet Gambling Enforcement Act has already attracted 10 co-sponsors, with more thought about to sign up.
01.05.2008
BoS founder remains in Jail
David Carruthers, the ex-CEO of BetonSports plc still languishing under house arrest in St. Louis, is not the only one awaiting trial on federal charges related to the operations of the now defunct online gambling group - the founder of the company, Gary Kaplan, remains in custody, too following his arrest and extradition from Dominica some ten months ago.
01.05.2008
The impatient politician
Online gambling's arch enemy, Senator Jon Kyl of Arizona, appears to have little regard for the practical difficulties surrounding the implementation of his Unlawful Internet Gambling Enforcement Act, judging by reported comments he made this week.
01.05.2008
Visualising major horse races
The Las Vegas based Horse Racing Simulation, LLC, through SIM2WIN.com, is offering horse racing fans the ability to access a a simulation of all three Triple Crown races, starting with the Kentucky Derby, 36 hours prior to each horse racing event, adding a new and entertaining dimension to the bald pre-race statistics.
01.05.2008
Much ado about something
The World Mahjong Tour will accrue strong Asian branding advantages following a deal signed this week with the Taiwan-based MUCH-TV television group. The partnership grants MUCH TV the right to co-brand its upcoming Taiwan based mahjong television shows under the World Mahjong Tour name and will be played and filmed in Taipei during the month of May.
01.05.2008
Young Canadian adults prefer technology driven gambling
A report in the Montreal Gazette, based in the closest Canadian city to the Kahnawake First Nation enclave which licences and hosts many online gambling companies, reports that young adult Canadians under age 35 are probably gambling more on technology driven games, whilst older generations are in general gambling less.
30.04.2008
Party Casino performance boosts Party Gaming results
Gibraltar-based online casino gambling group Party Gaming reported its 2008 Quarter 1 results this week, showcasing a stellar performance by the online casino division that contributed significantly to the overall growth in revenues of 21 percent.
30.04.2008
South Carolina accuseds could opt for trial by jury
Trial by jury is an option reportedly being considered by at least some of the South Carolina gamblers busted recently in police sting-inspired raids on home poker games.
30.04.2008
Washington ban criticised
Despite the withdrawal of the Poker Player Alliance state director Lee Rousso from the Washington state race for the governorship, online players may have a new champion in a state made infamous among gamblers by the draconian nature of the punishments for offenders. This week candidate Dino Rossi addressed the issue on a wide ranging Seattle radio talk show, saying that he would not have signed such a law.
30.04.2008
FBI says US internet crime up in 2007
The Federal Bureau of Investigation's National White Collar Crime Center has reported a significant rise in reported Internet frauds in 2007, taking the total losses for the year to $240 million - up $40 million on 2006.
29.04.2008
More players and good revenues for Betsson
With player acquisitions up 20 percent and revenues in Q1 2008 rising 54 percent, it's no wonder that the management at the Swedish Betsson online gambling group are confident for the year ahead.
29.04.2008
French Tennis complaint dismissed
The European Gaming and Betting Association has welcomed a decision by a Belgian court in Liege against a French Tennis Association complaint which sought to prevent online gambling groups such as Bwin, Ladbrokes and Betfair from taking bets on the Roland Garros French Open and Paris Masters 2008.
29.04.2008
New Slotris at Slotland
Slotland has announced the launch of an intriguing new game this week - a Tetris-like online slot machine that is two games in one, both inspired by the popular game of falling-blocks considered by some to be the best video game ever.
29.04.2008
Canadian province hires 9 responsible gaming staffers
The importance of effective responsible gambling policies and advice was again underlined this week by the announcement that Canadian provincial government authorities are hiring 9 responsible gambling information officers to educate casino staff and patrons on problem gambling.
29.04.2008
Aussie onliner stole AUS$ 340000 to feed addiction
The tragic consequences of gambling addiction were on display in an Adelaide, Australia law court this week when former financial adviser Kym Andrew Sellers (32) admitted liability and apologised to his victims and former employer.
29.04.2008
S.A.G.E loses appeal in PAGCOR case
A dispute over the cancellation of a contract for the operation of online casinos by the Internet company Sports and Games Entertainment Corporation (SAGE) saw finality in the Philippines Court of Appeals this week.
More News
