Las Vegas Strip gambling revenue fell 2.5 percent in January in the third straight monthly decline as the city faces an uneven recovery, reports the Bloomberg news agency.
After suffering a setback in litigation against a New South Wales levy on turnover, the Australian divisions of internet gambling groups Betfair and Sportsbet won the right to appeal Friday.
Police in West Valley City, Utah shut down two online gambling operations in raids this week, arresting dozens of people in the process and confiscating computer equipment, reports KSL.com.
The sheer size and growth of the internet gambling market generated in Australia by online gamblers has prompted further calls for regulation rather than the present government’s prohibitionary stance.
The chief executive officer of the giant Austrian online gambling group Bwin Interactive, Norbert Teufelberger, is optimistic that the German market will be opened up and the current monopolistic stranglehold of the country’s sixteen states (provinces) will be broken.
Thursday is a landmark day for the Italian online gambling sector, with the government expected to gazette and bring into force new regulations further opening up the market to poker cash games and internet casino action.
Online players can look forward to a whole range of fresh online slots once an agreement between slots manufacturer Aristocrat Leisure Limited and online gambling network GameAccount comes to fruition.
Gamesys’s Jackpot Joy bingo site will unveil its latest comical ‘Queen of Bingo’ commercials this week, with the new television advertising campaign running through until 18th March and coinciding with the popular annual TV Comic Relief charity fundraiser.
A merger between Italian betting group SNAI and the Cogetech group should transform both companies and create a strong offline and online sports betting presence, according to reports in the Italian daily newspaper Il Corriere della Sera.
There was more disappointing news from New Jersey this week as local media reported that Senator Ray Lesniak’s lawsuit seeking to overturn a federal sports betting ban has been unsuccessful.
David Yu, chief executive officer of online gambling group Betfair, had some interesting observations on the Bwin-Party Gaming merger and its likely impact on Bwin subsidiary Ongame this week when he spoke to reporters following the release of his company’s third quarter results.
The government of Cyprus – a Mediterranean island that is home to many online gambling companies – remained committed to banning the pastime this week, with the Cabinet approving a sweeping draft bill.
For some months now online gambling companies have been complaining about the disadvantages of operating in the French market principally on high taxation with certain major groups indicating that they are holding back from the market because of these drawbacks.
In its third quarter results released this week, UK-based online betting exchange and gaming operator Betfair announced that its betting exchange will begin operating under a Gibraltar licence from 9 March 2011.
UK-based online gaming company 32Red Plc delivered its 2010 preliminary results for the 52 weeks ending 31 December 2010, this week.
Kudos to an online casino based in Gibraltar, Jackpot City.com, which this week made a donation of A$5 000 to help victims of the recent Australian floods.
Effecive March 1st, Jan Štefanek (33) has been appointed as general manager of the Fortuna gambling group in Poland. He was formally director of the sales network and sales director of Fortuna, a position he accepted in February 2007.
Gamblers are now looking for player vs player scenarios but want something more than unimaginative variants of Bingo, Poker, Online Roulette and Casino says Andrew Denbigh, CEO of new arrival One in a Million Gaming Limited.
Iowa was in the gambling news again this week, but it was not in connection with the online gambling legislation currently before the state Senate.
SA government insiders have claimed that the much-delayed review of South African gambling, including online gambling, may finally be discussed in the coming weeks, having been delivered into government hands.
The online and land betting group Paddy Power has posted a strong set of results for the year ending December 2010, showcasing a pre-tax profit of Euro 104.2 million, a rise over 2009 FY of 55 percent.
Polish national gambling monopoly Totalizator Sportowy, has requested approval from the Minister of Finance in the eastern European country to implement internet operations in order to boost revenues. The company posted a 20 percent decline in revenues last (2010) year.
Online betting group Betfair’s Australian operations have scored an important sponsorship coup, signing up the local Super Rugby franchise in a two year agreement.
After some time and debate the government of the Channel island of Jersey has finally signed off on legislation allowing the island to become an online gambling licensing jurisdiction.