The Central European online and land betting group Fortuna Entertainment Group (Fortuna), which focuses on the gambling markets of Poland, the Czech Republic, Slovakia and Hungary announced selected key performance indicators for the year ended 31 December 2010, this week.
A new research study by Global Industry Analysts predicts that the global market for land casino gambling will reach $101.30 billion by 2015, and notes that online casinos are enjoying growing popularity with the gambling public.
Betting exchange Betfair has been instructed by the British Advertising Standards Authority (ASA ) to stop airing its latest TV campaign in its current form after receiving twenty-three complaints from the public.
The Spanish Government has apparently taken note of recommendations regarding the regulation of online gambling made by the online sector, consumer associations, gaming firms and other stakeholders and has revised the draft gaming bill to be submitted to Parliament according to a statement from trade association AEDAPI.
UK newspaper The Telegraph reports that Ladbrokes is exploring the possibility of a potential GBP 2.2 billion merger with internet software provider, Playtech.
It was slim pickings for licensed Las Vegas sports books last weekend, when the Super Bowl football final between Green Bay Packers and the Pittsburgh Steelers played out in Arlington, Texas.
Michael J. Morrissey (46), a Saratoga Springs man involved in online sports betting and originally charged with fourth degree money laundering, pleaded guilty to a lesser fifth degree conspiracy charge this week in order to reduce his punishment to that of a misdemeanour
The Isle of Man Government’s Department of Economic Development in conjunction with a local employment group has developed an e-Gaming foundation course which will run throughout 2011.
Following a trading update in December 2010, online gaming group Webis Holdings plc released its interim results of the first six months (31 May 2010 – 28 November 2010) of its current financial year ending 29 May 2011.
Social games development studio, Mytopia – a subsidiary of 888 Holdings Plc – has appointed Barak Rabinowitz as its new chief executive officer.
Operator and supplier of pool and tote gaming, Sportech PLC has announced two executive board appointments this week.
Software developer Playtech has added Iron Man 2 to its Marvel Series of online slots in its latest release this week.
Swedish online gaming firm Betsson AB has entered into a business relationship with a local company in China.
Industry observers were intrigued by a report in the UK newspaper The Guardian this week which claimed that Caesars Entertainment (formerly Harrah’s) had made an attempt to purchase its UK software provider Gamesys but that the private company was not interested in selling.
Swedish gambling company Betsson is to enter into a joint venture with G.Matica Srl in Italy.
The UK pools and tote gaming operator Sportech plc has inked an agreement with Phumelela Gold International Limited, South Africa’s largest pools, tote and horseracing company, that will allow customers of both companies to bet into each other’s football pools products.
Online gaming provider, 888 Holdings PLC has released its fourth quarter 2010 and twelve months ending 31 December 2010 results this week.
British media are reporting that merger talks between Ladbrokes and 888 may have come to an impasse over price.
The European Gaming and Betting Association, a trade body representing most of Europe’s major online gambling companies, has released a progress report on new self-regulatory measures aimed at providing a high level of consumer protection and ensuring that remote gambling operators behave responsibly.
The British Gambling Commission has announced that it will soon release its latest statistical studies on British internet gambling behaviour with the third in its British Gambling Prevalence Surveys, research which includes the incidence of problem gambling in the country.
Conservative estimates that the British government’s sale of the Tote gambling group will realise around GBP100 million in net profit will see the British horseracing industry benefitting by GBP50 million, according to reports in the UK media as the week ended.
Malta-licensed Nordic Gaming Group Ltd has acquired the rights to the Watch&Bet live streaming service from sports media company PERFORM in a three-year deal finalised this week.
Internet lottery service provider MDI Entertainment LLC, a subsidiary of Scientific Games Corporation announced the development of a new division; MDI Interactive this week.
The Spanish Government’s Council of Ministers have approved the draft bill on new gaming regulations and have committed to submitting the bill to Parliament within the next few weeks.