Software developer Playtech has entered into a licensing agreement with Integra Gaming Ltd as the exclusive platform provider for Integra’s new online venture – Grand Duke Casino.
The Supreme Court of Gibraltar issued a court order sanctioning the merger between PartyGaming and bwin this week. The court order comes into full effect on 31 March 2011.
Sports betting and turnkey provider EveryMatrix have announced the acquisition of Norwegian gaming software developer Miles Ahead for an undisclosed consideration.
The publicly listed Austrian online gambling group Bwin Interactive has published its full year 2010 and Q4 2010 results, noting that its merger with Party Gaming plc has been influential in Q4.
The UK-based online and land gambling group Rank plc has received from Her Majesty’s Revenue and Customs GBP 74.8 million in overpaid VAT.
Online gambling operators in the French market have been almost universally critical of the excessively high tax rate, claiming that it is undermining the possibilities for successful business, and the subject will certainly be on the agenda of the mandatory review of the liberalisation laws which takes place later this year.
Online gambling software provider Cryptologic’s woes continued through 2010, the company’s latest full year and Q4 results show, with the annual net loss in 2010 lower but still significant at $20.4 million (FY 2009: $35.5 million), probably due to the severe cost cutting and restructuring measures adopted by the company during the year.
Visits to the beleaguered Atlantic City land casinos dropped 6.2 percent last year, adding to the ongoing battle for survival of the gambling centre, but the positive aspect was that spending per visitor increased slightly.
Contradictory court rulings in German courts last week only added to the general confusion on the legality in EU terms of the monopolistic States Treaty on Gaming.
A key element in Sweden’s busy gambling industry is the online sector, which accounts for 26 percent of all gambling in the wealthy Scandinavian country, according to new research by the Stockholm-based Research Institute of Industrial Economics.
Seven French internet service providers are questioning laws that require them to block Five Dimes.com, an internet gambling site operating from Costa Rica on servers hosted in that country by domestic provider ICE.
The determined efforts of the Cyprus government to prohibit online gambling despite being the home to many internet gambling companies has caused a new uproar among politicians, with some claiming that such a ban sets the scene for a monopoly by the Greek state company OPAP.
Week seven of the Nevada Legislature begins Monday with a marathon day that will include the first night-time floor meetings of the 2011 session as legislators rush to meet the deadline for individual bill introductions, reports Associated Press.
Speculation that a fresh government in Holland would bring a more progressive approach to the legalisation of online gambling appears to have been confirmed.
French television broadcaster TF1 has chosen to partner with French gambling group, Pari-Mutuel Urbaine (PMU) in the development of a site dedicated to French and International football.
Canadian gaming provider Chartwell Technology Inc (Chartwell) announced its financial results for the three months ended January 31, 2011 this week.
In a brief regulatory advisory to the stock exchange Friday, online gambling software provider Playtech and internet gambling group William Hill plc informed interested parties:
Despite denials from Google, the Texas techie expo South by Southwest Interactive was abuzz with rumours Thursday that the search engine giant plans to use the show as a launch platform for a new social networking service dubbed “Circles.”
Visitors to the Net Entertainment-powered online casino Jackpot-Games.com were greeted with sad news this week, advising interested parties that the management was shutting up shop on March 31st.
In a bi-partisan move Thursday, Californian Republican John Campbell and Massachusetts Democrat Barney Frank introduced the 2011 model Internet Gambling Regulation, Consumer Protection, and Enforcement Act.
The latest company to run into hassles with the UK’s Advertising Standards Authority is the Gibraltar-based Petfre Limited, trading as Betfred. In recent months increasing numbers of savvy players in the UK have been challenging online gambling adverts.
Greek betting company OPAP will offer fixed-odds virtual games and greyhound racing due for launch on 22nd March 2011, reports Reuters.
Former Finnish finance minister Suvi-Anne Siimes has been appointed as the new chairperson of Veikkaus – Finland’s state-owned lottery operator. The board comprises Jouko Ahtola, Leena Harkimo, Mikael Ingberg, Riitta Kaivosoja, Eva Liljeblom and Ari Lahti, who was appointed as Vice Chairman
The UK online betting group Bet365 has reduced the latency of its in-play betting system to less than two seconds using cloud computing, reports Computing.co.uk this week.