The government-owned Tote Tasmania will pursue international markets and launch a new international brand next year, the state Treasurer, Michael Aird told a Government Business Enterprise hearing this week, pointing out that Tote is a well organised and profitable business with strong cash flow generation that will continue to provide solid returns for the government.
The news last week that a major executive shake-up in the European Commission will see the European commissioner for internal markets, Charlie McCreevy, replaced by a French bureaucrat in February 2010 is still the subject of discussion amongst online gambling executives.
The House Financial Services Committee hearing Washington Thursday attracted some 22 members of the committee and an impressive list of expert witnesses, most of whom appeared to support the concept of regulated online gambling in the United States.
New York City Off-Track Betting Corp., a land betting operator, filed for bankruptcy this week and plans to reorganise after five years of losses totaling $45 million – and virtual horseracing is an option being studied, according to reports from the Bloomberg business news agency.
The US organisation WiredSafety, which claims to be the world’s largest online safety and help group, has unveiled a study showing that U.S. regulation of Internet gaming is the most effective way to protect consumers, especially children and problem gamblers.
Online and land betting company Victor Chandler has announced that its application for a licence in South Africa has been approved.
The Malta-licensed Internet scratchcard software developer Neogames has announced that it is to provide LMA Gaming Limited with a fully managed white label website targeted on the Finnish market.
Online payments business Ukash has signed a deal with Spendon, a product of the Swedish Convenient Card AS company, which will make Ukash available in more than 500 additional new outlets in Sweden.
Today’s House Financial Services Committee hearings into the possible legalisation of online gambling will hear testimony from an impressive and in some cases self-interested list of speakers that includes:
Media reports from Cape Town, where the football World Cup team draws take place Friday, indicate that the international governing body FIFA is taking the threat of corruption seriously, enlisting the aid of Interpol to find and prosecute match-fixers.
The recently formed Harrah’s Interactive division headed by ex-Party Gaming boss Mitch Garber is about to launch its first product, an online casino powered by Dragonfish-888.com software following a deal between the two companies earlier this year.
The US enforcement and legal system took what appears to be token final kick at the carcass of bankrupt online gambling group BetonSports this week when a federal judge in St Louis sentenced the firm, which has been defunct for several years, to probation and a $28.2 million fine that lawyers on both sides admit …
The next step in Congressman Barney Frank’s latest attempt to legalise online gambling in the United States takes place mid-morning tomorrow – December 3rd 2009 – when he chairs a hearing by the House Financial Services Committee in Washington DC.
Online gambling technology provider Atlantis Internet Group Corp. has obtained a license from EMI Music Publishing allowing it to offer over 1,500,000 songs on its new Jukebox Slot machines, intended primarily for the land gambling industry.
Virtue Fusion Alderney, a developer and licensor of internet bingo products, says it will launch the first-ever bingo games with embedded social networking following nine months of development and testing on 8th December 2009. William Hill, bet365, Paddy Power, Ladbrokes, Virgin and Golden Hat are the first customers to adopt the new product.
Prompted by the news that federal agencies have agreed to postpone the implementation of the UIGEA for six months, the Windy City Rounder blog provided its reasons for regulation rather than prohibition this week.
The Internet cafe operator who asked a Florida judge to declare that its activities do not violate state law was disappointed this week when its arguments were rejected by a Tallahassee court.
Significant year-on-year revenue growth in November 2009 sent related gambling stocks higher this week as the Chinese gambling enclave of Macau reported a 59 percent rise in revenues to Patacas 12 billion (US$ 1.55 billion), hopefully signalling better prospects for December and the new year.
With the Christmas season just weeks away, Malta-licensed online gambling scratchcard software developer Neogames launched a festive season game this week simply branded ‘Christmas.’
Welsh land bingo hall operator Castle Leisure has extended the Castle Bingo.co.uk bingo licence and membership of the International Bingo Network for a further three years in an agreement signed this week with network owner GTech G2.
The player protection and standards body eCOGRA has congratulated four of its Safe and Fair seal holders on outstanding success in the 2009 eGaming Review Awards presented in London last night.
The player protection and standards body eCOGRA has congratulated four of its Safe and Fair seal holders on outstanding success in the 2009 eGaming Review Awards presented in London last night.
The Australian government’s Productivity Commission into online gambling currently conducting hearings in Sydney considered some interesting suggestions this week, among them a few from anti-gambling politician Senator Nick Xenophon.
The independent standards authority of the online gaming industry, eCOGRA, has announced that the Cereus online poker network has achieved the required standards for its Certified Software accreditation seal.