This week respected publications Forbes and the LA Times commented on Congressman Barney Frank’s bill HR 2267, which seeks to licence and regulate online gambling in the United States.
Jim Wilkinson, the financial director for British online gambling group Sportingbet plc, has opined that his company is unlikely to be a player in industry consolidation until it has agreed a settlement with United States authorities to protect it from the threat of prosecution for activities pre-UIGEA.
The UK online gambling group Sportingbet plc has reported a strong performance during the World Cup in June-July, recording over GBP50 million in bets and margins boosted by a number of results going against the favourites during the global football championship.
One of the industry’s most respected and historically successful software developers, Cryptologic, has released another disappointing set of figures, at the same time announcing the resignation of chief executive officer Brian Hadfield.
The Kansas City Star newspaper reports that Michael J. Lombardo (57), one of four men indicted by a grand jury for involvement in online gambling has entered a guilty plea.
The state of Kentucky’s long-running attempt to hi-jack the domains of international online gambling companies, which has seen a succession of court cases, appeals and amendments by the Kentucky officials recorded yet another state amendment in the latest appeal, with online gambling giant Party Gaming added to those companies the state has cited.
The online sportsbook operations of Australian online gambling group Centrebet launched a new primetime television advertising campaign Downunder this week, promoting a range of sports betting products during major sports programs.
The state owned online and land gambling organisation Philippine Amusement and Gaming Corp. (Pagcor) is to beef up probity and other checks on prospective licensees following disclosures that enterprising former officials are illegally employing ‘front men’ in their ownership of satellite casinos.
The spectre of Internet censorship at national level through Internet Service Providers (ISPs) came a step closer last week when the French government regulator ARJEL went to the courts to obtain orders on ISPs blocking a blacklist of online gambling websites without French licensing.
Earlier this week Raymond Ang, a senior executive with the San Miguel food and beverage group, intimated in a press interview that, acting independently he would be putting together a consortium to make a $10 billion offer for the state-owned Philippines gambling group PAGCORP, but events since then indicate that he may have been a …
Sportsbook technology provider Offside Gaming has announced an agreement with Botsphere to run both its pre-match and live match facilities via the Botsphere Rightprice system.
Party Casino.com, a member of the PartyGaming online gambling group, has released a powerful, polar-themed new progressive jackpot slot branded “Snow Business”.
Official statistics for July 2010 show that Atlantic City land casinos again experienced a decline in revenues – 5 percent lower than the comparable period last year – as competition from neighbouring Pennsylvania added to New Jersey casino woes.
The announcement Tuesday that the Ontario provincial government will enter the online gambling sector in 2012 appears to have triggered renewed interest in the possibilities for the Saskatchewan province.
Several US media reports indicate that an amendment to Congressman Barney Frank’s proposal to legalise and regulate internet gambling in the US may have the effect of softening opposition from the traditionally opposed National Football League.
The American Gaming Association spent $360 000 – an increase over the $326 000 it spent last year in the same period – in Q2/2010 lobbying, mandatory disclosure filings have revealed.
The giant social networking website Facebook has underlined the importance it places on social gaming by creating a management post titled ‘Head of Games Partnerships’.
The Canadian province of Ontario is to join Quebec, British Columbia and the Atlantic Provinces in offering internet gambling according to a statement Tuesday by the provincial minister of finance, Dwight Duncan.
The independent player protection and standards body eCOGRA has released its latest report on remote gambling disputes handled by the organisation’s Fair Gaming Advocate, showing remarkably low levels of player disputes at online gambling sites (www.ecogra.org/Stats) bearing the eCOGRA Safe and Fair seal of accreditation.
A New York-based company is apparently gambling that its college grades wagering venture will not fall afoul of US anti-online gambling laws.
The German online lottery firm Tipp24 AG has had to reset its annual financial forecast following a massive Euro 11.7 million win at subsidiary MyLotto24 three months ago.
The 27-year-old UK man who has become notorious as the ‘lottery loser’ by blowing through a GBP 9.7 million lotto win in eight years, has told friends that he plans to recoup his fortunes by investing in a friend’s online gambling site.
The Caribbean Casino and Gaming Corp. has been pumping out press releases on its live dealer casino venture powered by Kenilworth Systems for some time now, but a statement this week suggests that the action will be fully operational by August 21st with casino and sports betting offered.
The Philippines government notification that it is valuing it´s online and land gambling state asset PAGCORP for a possible sale has triggered what appears to be intense interest from the vice chairman of food and beverage group San Miguel, according to Agence France Presse reports this week.