The call by Saskatchewan First Nation tribes for the legalisation on online gambling in the Canadian province has been given added momentum this week by the release of statistics showing a decline in revenues at Indian land casinos. Revenues declined for the second consecutive year, requiring the Saskatchewan Party cabinet to approve a Cdn$46.3-million payment …
The annual shareholders’ meeting of US horseracing company Churchill Downs produced some interesting numbers this week, illustrating that the company is increasingly reliant on ‘alternative’ revenues such as online bets, made possible by carve-outs in US federal legislation. The Thoroughbred Times reports that in 2006 around 90 percent of the company’s earnings came from track …
The online gambling operations of Jaxx and MyBet have been given a further level of protection against fraudsters and attempts at access by minors with the implementation of new ID verification software from specialist company 192business. Jaxx and myBet are licensed in the UK and in Malta and offer internet sports betting options to customers …
The decision by the Washington DC Council to permit internet gambling in the district may be short-lived, according to reports in the Washington Post this week. Councillors are questioning the motives of the original proposer of the plan, Michael A. Brown, suggesting that there needs to be a full vetting of the plan to make …
Canadian online gambling provider Chartwell Technology Inc announced unimpressive results for the three months ended April 30, 2011 this week. The company doubled its losses compared to the same period in 2010 and total revenue fell by 24.5 percent. Key Performance Indicators for the three month period ending 30 April 2011 include: – Total revenue …
Gunnar Lind tendered his resignation as chief executive officer and president of Cherryföretagen to the board of Cherry AB, this week. “With almost 5 years as CEO and president of Cherryföretagen behind me, I feel that the time has come to leave the post to a new leader. “It has been a challenging and exciting …
Betfair announced its continual support of British racing with a voluntary donation of GBP 6 Million to the sport, this week. The donation is in lieu of the 50th Levy Scheme payment it would have been required to make had the company remained under a UK licence. Betfair is said to be the first major …
Online gambling software provider Microgaming and the major UK gambling group Ladbrokes have signed a new platform and content supply agreement through which Microgaming will continue to supply casino and games software to Ladbrokes’ internet betting and gaming website under new terms that offer both parties revenue growth opportunities. Ladbrokes online casino has been powered …
The latest content supply agreement for International Game Technology (IGT) is with Play Games Online Ltd to provide premium game content to Botemagico.com, an online casino and entertainment website targeting the Spanish market. As has been the case in previous deals announced recently, the game titles will be integrated via the IGT rgs (remote game …
Neil Goulden, former chief exec of the online and land gambling group Gala Coral, has been elected chairman of the GREat Foundation, a charity that promotes responsible gambling. The Board of Trustees announced Goulden’s appointment at its meeting this week, along with new trustees Andrew Love – deputy chairman of the Ritz Hotel and executive …
The Quebec provincial government’s sally into the online gambling market appears to be generating positive results, judging by the latest financial report from operator Loto Quebec. In a section of the report devoted to the new online gambling venture through the Espacejeux website, the company advised that one of the highlights of the year has …
The Irish gambling group Boyle Sports has become the first major bookmaker to roll out the innovative Virtual Betting Channel from SIS. The VBC, developed by Inspired Gaming Group’s virtual sports division, went live this week and will provide Boylesports with a portfolio including horses, dogs and football, in all of its 160 betting shops. …
It seems the wheels of government in Ireland turn slowly, judging by a report in the Irish Times this week, revealing that a government-tasked study of necessary gambling reforms – including internet gambling – is still under review six months after its conclusions were submitted. Ireland’s gambling laws are seriously in need of updating in …
Betting exchange Betfair has announced the appointment of Michael Bischoff as Director of Information Systems. Bishoff joins Betfair from a role as Director of Global Technical Services at LCH.Clearnet, a financial instrument clearing house serving international exchanges and OTC markets. Key aspects of the position include leading a team of 120 technologists and the co-ordination …
Australian interactive media company Two Way Limited confirmed the launch of its TV wagering service TAB ACTIVE in Southern Australia this week. The service has been offered to Tabcorp customers in Victoria and New South Wales since 2008 and has been extended to TattsBet customers in Queensland this month. Viewers of the three Sky Racing …
Officials from Wimbledon, the world’s oldest tennis tournament, have been given a watch-list of “undesirables” suspected of betting corruption reports UK newspaper The Sunday Telegraph. The blacklist has been compiled by the Tennis Integrity Unit (TIU), an investigations team run by a former Scotland Yard detective, and is said to include suspected individuals linked through …
Access to the worlds biggest gambling Mecca will improve with the upgrade of Macau International Airport announced Simon Chan Weng Hong, president of the Macau Civil Aviation Authority. A new development plan has been drawn up to improve airport services which will allow the airport to cater for 7.1 million passengers annually by 2020, increasing …
UK bookmaker William Hill has announced the retention of its chief executive Ralph Topping until at least 2013. Topping (60) has been with the Group for 40 years in various roles and was appointed to chief executive in February 2008. The agreement with effect from January 2011 will see Topping receive GBP 600 000 in …
Although he originally wanted to remain anonymous, the Sky Vegas big winner who recently hit a GBP2.64 million progressive jackpot on the Millionaire’s Club slot revealed his identity over the weekend. Civil servant David Robson, who is still living in his parents’ council house, says he was “just killing half an hour” with a 90p …
An American man with business interests in Costa Rica, who is believed to be a high roller at land casinos and is alleged to have connections with online gambling e-processing, was arrested over the weekend whilst in transit through Phoenix airport. Federal officials revealed that the man, who was travelling from his home state of …
Newly released figures show Atlantic City’s casinos had to endure another decline in revenues in May, showing an across the board slide of 9 percent to $290.6 million when compared with those of May 2010. Associated Press reports that the biggest loser was Trump Plaza Hotel Casino, down 25 percent, from $17.3 million last May …
Societe des loteries video du Quebec, a subsidiary of Loto-Quebec, has announced that International Game Technology (IGT) will provide 7,200 replacement video lottery terminals for the Quebec gaming outlets. The announcement comes after Loto-Quebec received government approval in December 2009 to proceed with replacing its VLTs to update machines currently in use. The replacement process …
A bitter dispute involving the British Horserace Betting Levy Board, the British Horseracing Association and major betting exchange Betfair has been resolved following expert legal advice on the question of whether customers of UK betting exchanges are capable of being leviable bookmakers. At a meeting Friday the BHLB decided that it would not seek to …
The French online gaming trade association l’Association Française du Jeu en Ligne (AFJEL), has published a White Paper recommending changes to French online gaming law. The association has released the paper with a view to fast tracking new reforms and ensuring a fairer, more competitive French market for players and operators. The Act of May …