Gambling news - page 1153

Change of Domain for Intertops

3 Aug 2011

One of the most established gambling venues on the internet, Intertops.com, is about to change its domain suffix “in order to further improve our accessibility, reliability and level of service”. In a message to interested parties this week, the management of the online casino, sports book and poker site advised that it is moving its …

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Centrebet in retreat?

2 Aug 2011

Taking many webmasters and affiliates in the industry by surprise this week was a communication from the Australian online gambling group Centrebet indicating a withdrawal from several markets. The official communication read: “As of 1st August all advertising outside our core regions must cease. “This includes all free bets and bonus offers for all products, …

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Microgaming´s Quickfire to provide online casino to 10Bet.com

2 Aug 2011

The latest signing for Microgaming’s Quickfire Flash technology internet gambling platform is 10bet.com, a primarily sports betting website that will now be able to offer a selection of 250 casino games to its punters. 10Bet.com players can use the same wallet to switch from sportsbook action to casino gaming, says Nicole Kalcheva, head of casino …

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GVC Group trading update

2 Aug 2011

The Isle of Man-based internet gambling group GVC Holdings has issued its trading update for the first six months of 2011, noting that performance is to expectations, with an encouraging performance from its Betboo and CasinoClub brands, but profits a little down due to marketing expenditure via television media. Net gaming revenue showed strong growth, …

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Monopoly online slot from IGT

1 Aug 2011

International Game Technology (IGT) announced the release this week of a 30-payline online slot titled MONOPOLY: You’re in the Money. The exclusive, officially endorsed title from the renowned Monopoly brand takes players on a journey through famous London landmarks. MR. MONOPOLY leads the player through two bonuses in the game. The Mystery Wild Bonus shows …

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Netplay returns to profitability

1 Aug 2011

Following an extensive restructuring process, UK-based interactive gaming company NetPlay TV plc has announced a return to profitability in the release of its interim results for the six months ending 30 June 2011. NetPlay TV operates a number of interactive gaming services under an Alderney gaming license, including Supercasino.com, ChallengeJackpot.com and Bingos.co.uk on a variety …

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Shopper´s scratchcard earns a million

1 Aug 2011

Over the weekend an as yet unidentified thirty-ish man shopping at a supermarket in Wigan bought a GBP5 scratch card in the National Lottery and immediately scratched it to discover that he had just won GBP 1 million. Amid the resulting excitement among staff and customers, the lucky punter vanished without giving out any details, …

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Red tape row over Hong Kong football tournament

31 Jul 2011

Jockey Club of Hong Kong football punters were seriously irritated this week when the regional government’s Home Affairs Bureau slapped a ban on betting on an international clash between two English Premier League teams visiting the city, ruling that because the match was part of a tournament in which a local team was playing, betting …

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UK newspaper features the king of online gambling bling

31 Jul 2011

Online gambling’s high profile founder of the Bodog brand, Canadian entrepreneur Calvin Ayr, was featured in the business section of the UK newspaper The Guardian over the weekend, described as “web gambling’s king of bling”. Aside from the usual diversions of wine, women and la dolce vita that are routinely associated with Ayr, this successful …

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Will fresh New Jersey internet bill clash with state constitution?

31 Jul 2011

Recent hints that New Jersey state senator Ray Lesniak is planning another run at legalising online gambling have again raised the question of (state) constitutional legality. Our readers will recall that Lesniak successfully guided an intrastate online gambling legalisation attempt to overwhelming approval in the New Jersey legislature, only to see it vetoed by the …

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Latest gambling prevalence study released by UK Gambling Commission

30 Jul 2011

The latest UK gambling prevalence study, conducted by independent specialist ICM Research, has been released by the UK Gambling Commission. Key findings in the current study are: For remote (online) gambling: • Over the year to June 2011 (that is, an average of figures for September 2010, December 2010, March 2011 and June 2011), 11.8 …

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Is Greece on a collision course with the E.C. over online gambling?

30 Jul 2011

One of the critical elements in the resolution of Greece’s perilous financial situation is the fate of state gambling monopoly OPAP and the legalisation of online gambling that could enhance its value.  Both are essential components in the nation’s undertakings to the EU and IMF to meet its debt obligations by selling off state assets. …

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New proposal for Massachusetts lotto online expansion

30 Jul 2011

A new online gambling proposal Bill S.132 authorising the Massachusetts Lottery Commission to conduct an online gambling pilot programme has come to light. The bill filed in late January this year by State Senator Michael Rush has proponents estimating that The Commonwealth of Massachusetts could potentially net $ 1 billion per annum from the programme. …

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Review of Latvian online gambling law

30 Jul 2011

The Latvian Lotteries and Gambling Supervisory Inspection in conjunction with the Ministry of Finance is in the process of reviewing existing land and online gambling laws according to Vostokreport.com. Home to some impressive online gambling software companies, the pastime has been legal since 2003, with a 10 percent interactive betting tax that has not discouraged …

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Greeks may not sell off gambling monopoly

29 Jul 2011

The Greek minister of finance, Evangelos Venizelos, caused a stir Thursday by suggesting that the cash-strapped government may not sell its full stake in gaming monopoly OPAP, the key asset on the nation’s 2011 privatisation list. He said that the country intends to meet its EU and IMF commitments, but that there may be alternatives …

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French bwin and SAjOO online gaming to merge

29 Jul 2011

bwin.party and Amaury Group have announced their intention to merge their bwin France and SAjOO online gaming business due to the challenging regulatory and fiscal regime in the French gaming market. Terms of the merger are not being disclosed, however, the companies believe the combination will deliver financial benefits in a number of areas including …

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Net Entertainment loses CEO

29 Jul 2011

Net Entertainment NE AB announced the resignation of CEO Johan Öhman due to family reasons, this week. Öhman, who has held the position of president and ceo of Net Entertainment since November 2006, will be available to the board for a three month handover period, while the company’s sales director Björn Krantz will fill the …

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Online betting good for U.S. racing company

28 Jul 2011

The major US horseracing company Churchill Downs Incorporated has reported business results for the second quarter and six months ended June 30, 2011, with online operations making a significant contribution to its improved numbers. Net revenues from continuing operations for the quarter grew 16 percent compared to the prior-year period–to $249.7 million from $215.4 million–primarily …

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Irish betting tax hike appears inevitable

28 Jul 2011

The Irish Sun reports that Agriculture Minister Simon Coveney has again signalled an increase in the land and online betting tax, in part to fund the horse racing industry. Minister Coveney said that it made no sense for the government to continue paying into the Horse and Greyhound Fund, when the industry could be self-financing. …

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Virtual tennis from Inspired Gaming

28 Jul 2011

Virtual sports developer and supplier Inspired Gaming Group (Inspired) announced the introduction of Virtual Tennis to its portfolio of horse racing, football, motor racing and cycling, this week. Using motion capture techniques from the TV and Film industry, the twelve month development process involved a large team of engineers who filmed two of Britain’s prominent …

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Dublinbet signs shirt sponsorship with Bohemian FC

28 Jul 2011

Online live casino Dublinbet.com has signed a shirt sponsorship with the Bohemian Football Club, a professional football club from Dublin, Ireland who compete in the Premier Division of the League of Ireland. DublinBet.com will be the club’s official home shirt sponsor for the Airtricity Irish League 2011 and the Ford FAI Cup 2011. The company’s …

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IGT delivers Q3/2011 results

28 Jul 2011

Land-based and online gaming company International Game Technology (IGT) delivered the results of its fiscal third quarter ending June 30, 2011 this week. Key Performance Indicators (compared to Q3/2010) for the period include: –  Total revenues increased 3 percent to $489 million (Q3/2010: $475 million), of which 55 percent was generated from gaming operations and …

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Rank Group appoints finance director

27 Jul 2011

The Rank Group Plc (Rank) has appointed Clive Jennings (50) as group finance director and as a director of the Company, with immediate effect. Jennings, a chartered accountant, previously held the position of group financial controller at the company prior to which he was the financial controller of Rank’s gaming division. His appointment follows a …

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Sportingbet mulls over Turkish operation

27 Jul 2011

Online gambling operator Sportingbet is reported to be on the verge of divesting of its Turkish-facing operation following a strategic review. In a statement this week the company said : “The company confirms that, as part of its long term strategy of increasing the proportion of its business mix derived from regulated markets, it is …

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