Internet business research specialists Research and Markets.com’s latest survey, “Betting & Gaming Industry – Business Ratio Report”, compares the financial performance of the leading players in this industry sector, offering a quick and cost-effective competitor analysis tool for senior management.
The recent launch of French land casino company Lucien Barriere’s new 3D online casino, Le Croupier.com, is backed by a seven figure marketing budget, reports NetImperative.
The Canadian online gambling software provider Chartwell Technology posted weak Q.1 2009 results this week, reporting a drop in revenues from casino and poker operations of 21 percent to Cdn$ 4.6 million compared to the corresponding period a year earlier.
Online gambling operator AsianLogic has shelved its P115-million investment in Philippes listed Leisure & Resorts World Corp. (LRWC), citing weak market conditions, reports Business Week.
Unconfirmed industry rumour is currently suggesting that creditors of the liquidated Australian online gambling group Tusk may get 20 cents in the dollar following the release of a liquidator’s report on March 9 at http://ppb.ethan.com.au/Report_to_Creditors-March09.pdf.
Legal action against Austria has been halted by the European Commission in cases of player discimination after the Austrians reformed laws designed to protect players.
New revelations on the leaked Australian government secret blocked site list at Wikileaks are adding fuel to the fire Downunder, with the online betting exchange group Betfair reportedly on the list of sites which government agency the Australian Communications and Media Authority wants ISPs to block.
Releasing its 2008 full year results this week, online gambling software developer Playtech has reported a surge in profits, driven by strong growth in revenues.
The Malaysia police were again active in an anti-Internet gambling clampdown this week, raiding a number of cyber cafes and confiscating a significant amount of computer equipment.
The white hot controversy over the attempts by the Australian government to censor the Internet erupted again in Australia this week as a leaked blacklist surfaced on the Wikileaks website.
Also using the UK Gambling Commission numbers this week was the political opposition Conservative Party, which claimed that ‘nearly a quarter of a million more’ people gambled online last year compared to 2007 when advertising was permitted for the first time.
Well known for its sometimes sensationalised opposition to Internet gambling, the UK newspaper the Daily Mail this week sported headlines bellowing that “Nearly 200,000 ‘are hooked on online gambling’”, going on to suggest that the Labour government’s “lax” gaming laws have created nearly 15 000 new addicts in one year alone.
Whilst most of America is getting into the spirit of the college hoops March Madness betting this week, the legal eagles at the National Collegiate Athletic Association (NCAA) are gearing up to enforce the organisation’s trademark and copyright protection, reports the Los Angeles Times.
Paul Kusznirewicz (55) of Ontario, Canada is a bitterly disappointed and frankly angry gambler following a devastating disqualification of what he thought was a life-changing slots win.
British politicians discussed online gambling – legalised in Britain – at a Westminster Hall debate Wednesday, throwing some interesting numbers around in the process.
One of Spain’s top football clubs and Primera Division sides, Atletico Madrid has launched an online gambling website in collaboration with Finnish Internet gaming company company Alands Penningautomatforening (PAF) in a three year agreement.
Three additional fully qualified accounting professionals have been taken on by the standards and player protection body eCOGRA in a move to expand the business advisory and standards compliance services which the organisation offers to a growing number of software providers, operators and affiliate programs.
The Swedish government’s gambling monopoly Svenska Spel opened the virtual doors of its latest online enterprise this week – SvenskaBingo.com, powered by Virtue Fusion.
Dublin-based Internet gambling software provider Cryptologic has clinched another movie theme deal that will see famous characters of the silver screen presented in online slot themes.
Veteran online gambling software development company Cryptologic announced its financial results for the three months and full year ended December 31, 2008 this week.
The “new management” at Casino Affiliate Programs reported to members this week that it has been “very busy” making navigation changes to the forum, but said little about the apparently still ongoing ownership and control dispute which has so dominated online gambling industry interest in recent months.
Over 40 million Americans will be in gambling mood this week, probably generating revenues in excess of $12 billion according to media estimates, and despite the recession as they bet in office pools, on the Internet and through sportsbetting outlets on the 64 teams involved in the NCAA college basketball championships.
The respected land and online gambling consultancy, Global Betting & Gaming Consultants has issued a new report advising that the emerging gambling markets of Eastern Europe are attracting interest from both land-based and Internet operators and, despite the economic crisis, the region holds interesting potential.
French budget minister Eric Woerth recently reported positive progress on draft legislation aimed at opening up the hitherto monopolistic French gambling market, estimating that the initial liberalisation will take place early 2010.