Robert DeLeo, the Speaker of the Massachusetts House of Assembly, appears to have a selective approach to gambling. The Democratic Party politician supports land casinos and racetrack slots, but this week filed legislation that seeks to ban cyber cafes from selling internet time or phone cards that allow customers to play online slots and other …
Reports in The Australian newspaper that the Irish sports betting operator Betdaq has illegally been offering its services to Australian punters have been followed by further revelations in the newspaper, which appears to be on something of a crusade against online gambling. In its most recent report, The Australian again points to Betdaq and another …
A UK wine company finance manager who stole over GBP30 000 from his employers to feed an internet gambling habit has been jailed in Southampton. Paul Wyeth (30) was sentenced to imprisonment after he frittered away three times as much as he earned, a Southampton court was told this week. Wyeth had been employed at …
Ladbrokes is the new sponsor of the Saturday meeting at the launch of the Galway Races Summer Festival 2011. The bookmaker will be underwriting six of the seven races on the Saturday Card at the meeting later this month, with the penultimate afternoon of the week-long festival being designated as “Ladbrokes Red Day” and features …
Wwedish online gaming developer and provider Net Entertainment announced its results for the six month period ended June 30 2011, this week. Key performance indicators include: – Increase in Revenues by 10.2 percent to SEK 195.1 million (H1/2010: SEK 177.1 million) – Operating profit of SEK 53.5 million (H1/2010: SEK 68.6 million) – Operating margin …
Fresh off the award of an Alderney Gambling Control Commission software supplier certificate and a deal with Paddy Power.com this month, Cayetano Gaming has signed a partnership deal with eGaming platform provider OpenBet. The partnership will allow online gaming operators currently using the OpenBet platform to offer Cayetano’s suite of casino games to their players …
The Seattle-based developer of online games for mobile phones, tablets, PCs and social network sites, PopCap Games, is to be acquired by gaming software giant Electronic Arts for $650 million in cash and $100 million in shares of EA common stock, with a further $550 million payable depending on agreed performance targets being met. With …
As reported in our bulletins Wednesday, the British government’s Department of Culture, Media and Sports announced today that sweeping changes affecting the online gambling industry will be implemented in the future. However, the announcement contained little firm detail beyond confirming that the changes will involve secondary licensing for offshore operators wishing to offer their services …
The UK’s Shadow Secretary of State for Culture, Media and Sport, Ivan Lewis MP, outlined a largely positive attitude towards the gambling industry when he addressed the recent Business In Sport & Leisure (BISL) members meeting. Lewis told BISL members that he regarded gambling as a mainstream leisure activity for the vast majority of the …
European media and sources report that the European Commission will clarify its position on the proposed ‘liberalisation’ of the German online gambling market as soon as Monday July 18. The Commission has been considering plans by 15 of Germany’s 16 Länder (states) going forward following the expiration of the current monopolistic treaty that has constrained …
The British media are reporting that a parliamentary announcement yesterday (Wednesday) by a government minister heralds the imposition of the much debated ‘secondary licensing’ regime, designed to enable British-licensed online gambling firms to better compete against offshore operators who access the UK market, but pay lower taxes in their jurisdictions. John Penrose, the minister for …
The British media are reporting that a parliamentary announcement yesterday (Wednesday) by a government minister heralds the imposition of the much debated ‘secondary licensing’ regime, designed to enable British-licensed online gambling firms to better compete against offshore operators who access the UK market, but pay lower taxes in their jurisdictions. John Penrose, the minister for …
Sports betting and gaming provider William Hill will be launching a new site williamhill.it for the Italian online market later this month. The bookmaker and gaming firm will kick-off with a casino offering, shortly followed by bingo, poker and sportsbook and will be supported by an imaginative marketing campaign to maximise awareness of the brand …
Cherry Malta Ltd and EuroSlots Ltd, subsidiaries of Cherryföretagen, has announced the appointment of Marius Andersen (37) in the position of chief operating officer of online gaming. Formerly a Business Area Manager within Cherry, Andersen previously held a position as country manager for Betsson in Norway and holds a Master of International Marketing degree from …
JOAONLINE, the online subsidiary of France’s third largest casino group JOAGROUPE, has extended its existing sportsbetting partnership with FRANCE-PARI and will expand its betting offering going forward. The partnership will see the existing sports betting offering expand to include fixed odds and live betting in September 2011, with France-Pari supplying the platform software, managing the …
As of 17h00 (Tuesday), the Guoco Group had received valid acceptances equating to 47.32 percent of existing issued share capital (184,855,790 Rank shares) from Rank Group shareholders bringing to 71.53 percent the total number of Rank shares owned by Guoco Group members. Despite assurances from Guoco that the company intended to maintain Rank’s listing, Executive …
Malaysian police continued their blitz on internet gambling this week, arresting 13 people and seizing 54 computers and 41 slot machines in a raid at a shopping mall in Ampang. Raiding party leader DSP Mohamed Mokhsein Mohamed Zain said the 13, aged 19 to 50 years-old, were arrested in the raid on three premises at …
The former French gambling monopoly Pari-Mutuel Urbain (PMU) reported strong first half 2011 results this week, attributed to historical growth and successful diversification. Key performance highlights for the first six months of 2011 compared to the same period in 2010 include: – Overall growth in revenue of Euro 5.1 billion, up 8.1 percent – Overall …
The widely discussed rumour that GTechG2’s Boss Media online gambling subsidiary has had its Malta licence revoked was firmly scotched this week in a notification displayed on regulator LGA’s website. The notice, headed “False Report on Licensee”, read: “The Lotteries and Gaming Authority (Malta) categorically denies the allegations published on an internet website in relation …
Atlantic City gambling operators under pressure from a four-and-a-half year business drought caused by the recession and competition from neighbouring states were feeling a little more optimistic this week as official statistics for the month of June showed a little improvement. Casino revenues fell just 3.7 percent in June, to $276.2 million, whilst June slot …
Official figures for May 2011 released this week show that Nevada gaming revenues soared by 16.2 percent overall, driven mainly by baccarat and slot performances, reports Barron’s business news. Vegas Strip revenue rose 28.9 percent compared with a 2.2 percent drop on the Strip in April, and a 13 percent gain in March this year. …
The New Zealand government’s abhorrence of internet gambling is selective; it appears, as the national lottery presses ahead with plans to exploit the internet in order to boost sales. According to TVNZ, the national Lottery Commission’s statement of intent for the next two years includes selling lotto tickets in supermarkets and a push towards more …
Online betting exchange Betfair announced the creation of an emerging markets position, this week and has hired Matt Robinson to fill it. Robinson will join the company as Emerging Markets Director from the position of Central Marketing Director at Bwin.party Digital Entertainment plc and will report to Niall Wass, Betfair’s Chief Commercial Officer. A company …
ConradK, a UK online punter with a new taste for live dealer action, became a big winner on live roulette at Guru Play Casino.com last week, cashing out Euro 40 000 on his first trial of live dealer gambling. The punter told casino management that he was surfing around the internet when he saw an …