The UK online and land gambling group Gala Coral has reportedly secured a corporate debt re-financing agreement worth GBP1.6 billion…a mere ten months after agreeing a restructuring facility.
Uncertainties regarding licensing and taxation in the Spanish online gambling market have apparently persuaded the Asian-facing internet sports betting operator 12Bet.com not to renew its sponsorship deal with Sevilla FC. The sponsorship deal, signed in August 2009 and due for renewal this year, saw 12bet replace 888.com as the club’s main sponsor. A spokesman for …
Telecom Italia and Intralot Italia have signed an agreement which allows players to bet from home via interactive television, using the new Cubovision – a broadband device that allows access to digital terrestrial channels, Internet content and an extensive catalogue of contents on demand. Cubovision presents Italian punters with an interactive facility for betting on …
The Swedish online gambling group Betsson has posted a strong Q1-2011 result, noting that revenues are up 14 percent to $69.52 million. Operating income for the quarter grew by 57 percent year-on-year to reach $21.95 million while pre-tax income came in at $22.08 million, – a rise of over 57 percent when compared to the …
The recent prosecution of online poker sites in the U.S. has again focused attention on the situation in the Czech Republic where the lack of formal online gambling regulations has introduced confusion and debate. Jan Rehola of the department for the state supervision of lotteries at the Czech Ministry of Finance says that the enforceability …
Internet gaming developer, Net Entertainment is set to debut a new innovation in its soon to be released video slot “Frankenstein”. The game will be the first release in a series of games in association with Universal. The classic horror tale of Frankenstein sets the scene in a 5-reel, 20-line video slot with Burning Mill …
The Thai prime minister Abhisit Vejjajiva has given the green light for the Government Lottery Office (GLO) to implement the long-awaited and controversial online version of the national lottery, reports the Bangkok Post business section. It’s a project that has been plagued with halts and starts, political argument and commercial controversy , but in recent …
The run-up to the publication of the European Commission’s Green Paper consultation on the regulation of online gambling produced some interesting statistics. The Commission conducted research that suggested that, out of 14,823 active gambling sites in Europe, more than 85 percent were operating in countries where they did not hold a national licence, highlighting the …
Latest statistics from the Macau authorities show that there has been no slowing down in the Asian land gambling mecca, with revenues growing by 44.6 percent in April 2011 to 20.5 billion patacas ($2.56 billion).
The UK land and online gambling group William Hill plc is to buy U.S. betting company Brandywine Bookmaking as it expands further into the American sports betting market, reports the BBC.
The Irish racing industry is once again angling for an increase in betting tax with the Minister for Agriculture, Simon Coveney, saying he would support such an increase.
When Steve Wynn, the famous Las Vegas gambling entrepreneur and founder of Wynn Resorts, had to distance himself from a lucrative partnership with top online poker provider PokerStars in the wake of Black Friday it must have rankled. Last week Wynn had some harsh words to say about the UIGEA in addressing a gathering of …
A new 25 pay line slot from RealTime Gaming (RTG) titled “Mice Dice” debuted this week.
Joint venture talks initiated earlier this year between Swedish gambling company Betsson and Italy’s Alma Viva gaming division G.Matica Srl. have been terminated.
Duane Burcham, corporate spokesman for the international internet anti-fraud company Iovation, has announced the appointment of Philippe Mazurier as country manager leading the company’s sales and business development efforts in France.
Interested parties intending to comment on the latest draft of the proposed new Spanish law on internet gambling will have to work quickly; having spent years discussing and drafting regulations, the Loterías y Apuestas del Estado (LAE), has given industry stakeholders just 12 days in which to comment, with much of that time taken up …
Stan Hey, a writer for The Independent newspaper in the UK, marked an important betting anniversary this week in an informative and amusing article on the legalisation of British betting shops fifty years ago.
When the UK-based Media Corporation group bought the domain Gambling.com back in 2005, the consideration paid was a whopping $20 million.
WMS Gaming has announced the launch of a new online slot branded Fortunes of the Caribbean on its Jackpot Party.com online casino.
Amaya Gaming, the Montreal-based online gambling software developer that hit the headlines recently by buying up tranches of Cryptologic shares, has announced a new deal for its virtual horse racing product.
The UK budget airline Ryanair, frequently a pioneer in the introduction of in-flight gambling entertainment, has launched an enquiry into a remarkably generous scratch card game that enabled three passengers on the same Milan to Madrid flight to win new cars.
The Belgian Gambling Commission has awarded British fixed-odds sportsbetting firm Stanleybet International Limited with an F1 terrestrial licence, enabling it to expand its operations in Belgium through increased promotional activity.
Online gambling software developer Playtech plc has released a healthy trading update for the three months ending 31 March 2011, highlighting the following key performance indicators:
A Greek casino player – identified only as P.P. – has experienced an unusual run of luck at King Solomons Casino playing the Great Blue slot game.