Excessive debt and massive bingo sector write-downs have reportedly resulted in a poor performance from the UK online and land gambling group Gala Coral.
The American Gaming Association, a trade body that represents the interests of most of the major land gambling providers in the United States, has announced a key appointment to its government affairs team.
The question reverberating around the online gambling industry – will New Jersey governor Chris Christie sign into law Sen. Ray Lesniak’s successful online gambling legalisation bill – remained unanswered this week as the governor signed off on two other gambling-related bills.
Nevada’s Gaming Control Board has reported another dismal year of losses for the state’s gambling interests, with extensive write-downs and weak revenues in the latest fiscal year ending June 30 2010.
German gambling developer and supplier, JAXX SE formerly JAXXAG announced its highest quarterly revenue results in the history of the company.
The UK minister for tourism and heritage, John Penrose released a statement on the progress of the proposed GBP200 million sale of the UK Tote this week.
Creating more than a frisson of interest this week, the Dutch News.nl website reported that Dutch junior finance minister Frans Weekers has revealed that the Netherlands government is considering selling off the state-monopolised Holland Casino group.
Estimates earlier this week that the Italian market could be in for major expansion have been fleshed out by independent research outfit Trust Partners.
The ongoing procrastination by the South African government over the legalisation of online gambling again came under the spotlight on ITWeb’s blog this week.
Online gaming and media group, Media Corporation Plc (Media Corp) showed a strong start to its current financial year with a trading update for first quarter – 1 October 2010 to 31 December 2010.
Canadian online gaming provider, Chartwell Technology has announced its audited financial results for the year ended October 31 2010.
With the growing likelihood that state, rather than federal, initiatives will determine the future of online gambling in the United States, several major companies have joined together to advocate legalisation.
The McMurphy’s slot, another recent release from Rival Gaming.
With UK and Irish horseracing levy and funding debates between Government, horseracing organisations and bookmakers in the news, the Italian agricultural minister has told parliament that horseracing needs a permanent state funding solution separate from income raised through betting – similar to how the Italian National Olympic Committee is financed reports Racing Today.
Isle of Man telecommunications and Internet provider Manx Telecom has appointed Tony Wilkinson as its first UK-based eBusiness Development Sales Manager.
Online gambling giants, PartyGaming PLC and bwin Interactive Entertainment AG shareholders held separate Extraordinary General Meetings today and have announced the approval of the anticipated merger.
The Irish Times reports that in the very near future a tax on internet betting will be imposed, along with a licence fee that will be required before online gambling operators will be permitted to access the Irish market.
An agreement between the Alderney Gambling Control Commission (AGCC) and Nevada Gaming Control Board (NGCB) has laid down a framework for co-operation that will see the gaming regulatory bodies sharing information, expertise, knowledge and skills including exchange visits and training.
The final day of ICEi in London proved to be even busier this week as thousands of visitors interested in online gambling products and services flocked into the Earl’s Court expo.
Mandalay Media Group has put its Tournament.com domain up for sale after making a decision not to re-enter the skill gaming arena.
SNAI SpA, Italy’s biggest sports-betting manager and racetrack, has been bought out by Italian investment company Palladio Finanziaria and European private equity firm Investindustrial.
International Game Technology (IGT) has announced the release of a surfing-themed game titled Wipeout.
Real-time gaming product Passoker will incorporate mini-games from Zukido.
Reuters reports that the Greek Finance Ministry has proposed to auction fifteen to fifty online betting licenses with a five-year duration and allow up to 30 000 low-stake gaming machines in plans presented in a draft gaming bill at a cabinet meeting.