Gambling news - page 1185

Betfair listing rumours persist

12 Sep 2010

The UK newspaper The Sunday Times has reignited rumours that online gambling giant Betfair is about to go public, reporting that the group is to announce a GBP1.5 billion public offering within the next two weeks.

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Atlantic City august revenues slide 11.3 percent

12 Sep 2010

August has been another dreadful month for Atlantic City land casinos, with official figures showing a decline in revenues of 11.3 percent – mainly due to competition from the newly opened table games in neighbouring Pennsylvania.

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Fighting chargebacks

11 Sep 2010

Mention the name Kohli on player message boards and there will almost certainly be a reaction…and not always in a positive vein…linking the name with the notorious Virtual online casino group and its alleged bad treatment of online gamblers.

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Superstitious mind

11 Sep 2010

A Chinese player created something of a stir at the Jackpot City online casino group this week when he expressed reservations about cashing in a GBP 4 444 jackpot win, according to a press release from the company.

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Back to the familiar

10 Sep 2010

One of the industry´s major annual shows, the International Casino Exhibition – or ICE as it is universally known – has recovered its original name after two years titled IGE – a brand that really didn’t catch on.

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More online deals for Inspired Gaming

10 Sep 2010

Inspired Gaming lived up to its name this week, signing major online gambling operators Paddy Power and Victor Chandler to three-year deals that will see the company providing its virtual racing products, including horse racing, greyhound racing, speedway, motor racing and football.

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New multi-player tournament software

9 Sep 2010

Online gambling software provider Microgaming has unveiled a number of innovative changes to its popular Slot and Blackjack Tournament schedule, offered by participating Microgaming internet casino licensees.

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e-Gaming 101

9 Sep 2010

In a move to provide basic education and training for employees in the Isle of Man’s expanding e-gaming industry, the government’s Department of Economic Development has partnered with the local Hamblin Employment Group in presenting an educational course on e-gaming.

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Isle of Man internet betting company enters US market

9 Sep 2010

The Isle of Man-based online gambling group Webis Holdings plc has lodged a stock exchange notification advising that its pari-mutuel subsidiary, European Wagering Services, has acquired the domain name, trademark and assets of WatchandWager.com LLC, an online betting company registered in Nevada and licensed by the State of North Dakota Racing Commission. The advisory notes …

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Strike two: now ECJ outlaws Austria´s betting monopoly

9 Sep 2010

Just 24 hours after finding that Germany’s monopolistic gambling laws are non-compliant with EU law the European Court of Justice has made a similar ruling against Austria.

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Aussies act against corruption in sports

9 Sep 2010

Australia’s major sports codes are acting independently to stamp out corruption in sport in an initiative rather ponderously titled ‘The Coalition of Major Professional and Participation Sports.’

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Stryyke strikes out

8 Sep 2010

The troublesome internet gambling site Stryyke.com, which has been the subject of payment, lockout and communication complaints in the player community, appears to have finally struck out with the Malta jurisdiction where it claimed to be licensed.

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Germany´s online gambling restraints against EU law

8 Sep 2010

There was good news from the European Court of Justice this week; the highest EU court has ruled that Germany’s monopolistic online gambling laws breach EU law, are inconsistent and do not justify the use of state monopolistic practices.

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Finns delay launch of Ray online casino

7 Sep 2010

Finland’s planned monopolistic online casino has missed its opening deadline of end August and will not now launch until October, says the operator, the Finnish Slot Machine Association (RAY).

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New game from Jadestone

7 Sep 2010

Jadestone Networks, the Nordic based owner and operator of multiplayer gaming networks GamArena and DiceArena, has launched a new multiplayer game branded Liar’s Dice to the European market.

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AGA is betting on Reid

4 Sep 2010

The respected industry publication Las Vegas Review Journal reported Friday that the American Gaming Association, a trade body comprised of most of America’s top terrestrial gambling giants, is backing the re-election of Democrat and veteran Nevada politician Harry Reid in the November mid-terms.

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Smart cards an effective problem gambling deterrent

4 Sep 2010

The tenuous hold on political power of the Labour government in Australia has resulted in some interesting political horse trading, with prime ministerial hopeful Julia Gillard striking a deal with Tasmanian independent MP Andrew Wilkie last week regarding problem gambling.

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"Illegal online gambling" decision spells trouble for New York Lottery

4 Sep 2010

Yet another incident of bank overblocking under the authority of the UIGEA surfaced this week in the publication “The Consumerist”, which reported that the US bank Chase chose to treat a credit card customer’s New York Lottery subscription payment as a cash advance, with the $10 fee and astronomical interest rate that goes along with …

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“Illegal online gambling” decision spells trouble for New York Lottery

4 Sep 2010

Yet another incident of bank overblocking under the authority of the UIGEA surfaced this week in the publication “The Consumerist”, which reported that the US bank Chase chose to treat a credit card customer’s New York Lottery subscription payment as a cash advance, with the $10 fee and astronomical interest rate that goes along with …

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Another bumper month for Macau

4 Sep 2010

The addition of tables for high stakes gamblers by Macau land casino operators is at least partly attributable to another impressive rise in revenues for the month of August, reports Macau’s Gaming Inspection and Coordination Bureau.  

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Bookies and UK racing no closer to levy

4 Sep 2010

The Telegraph newspaper ended the week with a study of the current state of play in the dispute over the size of the next horse racing levy, noting that government intervention may ultimately be necessary to bridge the chasm between what the horse racing industry wants – around £150 million – and what Brit bookmaking …

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South African casino group granted leave to appeal

3 Sep 2010

Casino Enterprises, the holding company for the Piggs Peak online casino, has been granted leave to appeal to the Supreme Court of Appeals in Bloemfontein, the judicial capital of South Africa.

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Passoker will be followed by other innovative games

2 Sep 2010

Passoker.com, which claims to be a unique real-time gaming product, launched this week as Prize Passoker, initially offering players the chance to win tens of thousands of pounds worth of sporting memorabilia, as well as a rollover cash jackpot.

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Piggs Peak plays it safe

2 Sep 2010

Swaziland-based Pigg’s Peak Online Casino has ceased to operate in South Africa since Saturday, reports the Times of Swaziland.

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