The successful first reading of a Bulgarian government bill designed to hike gambling taxes up from 10 percent to 12 percent has triggered some dire warnings from industry associations, with claims that up to 40 000 people could be put out of work if the changes to the law are passed.
Doing a little crowing about his victory in an Israeli court this week was Naphtali Goldman (34), the sole owner of online casino operation Lucky 18 Casino.com.
The Isle of Man-based Internet gambling software provider Microgaming has released its monthly tranche of new games for November to its licensees, so expect to see three new slots appearing on Microgaming-powered online casinos soon.
“It’s an ill wind that blows nobody any good,” goes the old saw, and that can certainly be applied to the use of US horseracing’s exemption from that country’s anti-online gambling laws.
The Bulgarian government is currently levelling the gambling taxation field with an increase from 10 percent to 12 percent on all gambling activities as part of amendments to the Corporate Income Tax Act, reports Novinite.
Word on the street is that the transfer of Ladbrokes online gambling operations to Gibraltar has progressed apace, enabling the actual move to take place several weeks ahead of original planning.
The online sportsbetting division of Brit financial spreadbetting group IG Group could be up for sale, according to reports last week on the Slackbelly blog, followed up by The Times.
The consulting and research firm MECN has combined with the Horten law group to compile a new report that offers an in-depth analysis of Denmark’s gambling market, currently the subject of liberalisation moves that will take it out of the realm of state monopolised gambling.
Tarquin Henderson, who was formerly VP for 888.com’s Europe, Middle East and Africa marketing activities, has left the Gibraltar-based group after four years to join the rapidly expanding Mangas Gaming group.
The Swedish gambling group Betsson has delivered another solid quarterly result, posting Q3 2009 numbers that show a 17 percent rise in pre-tax income to SEK 79.6 million (Q3 2008: SEK 68.2 million).
Pushing past recent its historical declines in revenues, the gambling enclave of Macau off the coast of China reported very positive October 2009 revenues of US$ 1.59 billion this week.
Microgaming has released more detail on the conclusion of its 11 day, Euro 1.3 million Grand Slam of Slots, which was won by a Ladbrokes Casino.com player this week.
Virtue Fusion Alderney is to supply Mecca Bingo.com with its new feature challenge, Snakes and Ladders, exclusively the provider announced today (Wednesday).
After overhauling its online casino platform, Doyles Casino.com has completed its online casino refresh project with a brand new casino information website.
One of Betway.com’s online players is a million euros richer this week following the completion of the Microgaming One Million Euros Grand Slam of Slots competition which was concluded on November 2nd at 8pm Central European Time.
There’s little upfront information on ownership and licensing, but the latest online casino is certainly pumping out plenty of pre-launch publicity this week as Royal Sands Casino.com prepares to welcome Internet gamblers with a range of inaugural sign-up bonuses.
Over the objections of the US Department of Justice, a Federal judge has ruled that New Jersey Governor Jon Corzine is permitted to join a legal challenge to a Federal law prohibiting state-regulated sports betting.
Gary S. Kaplan (50), founder of the failed and now defunct Betonsports plc online gambling site, was sentenced to 51 months in prison by a court in St. Louis Monday.
WagerWorks, the UK gambling software provider and games developer, has released a new video slot branded Super Hoot Loot.
NST.com reports from Kuala Lumpur that an illegal gambling centre, camouflaged as an Internet cafe at the Berjaya Times Square shopping complex, was raided by police Saturday.
Betting giant Tatts Group Ltd has a announced a deal with publicly listed Grand Parade Investments Ltd that will see it depart South Africa.
The European-facing Internet gambling group Unibet.com is the latest gambling company to feel the chill of big player wins on football results, announcing this week that its third quarter pre-tax profits sank 22 percent to GBP3.5 million (Q3 2008: GBP 4.5 million).
Investors in the Gibraltar-based online gambling group 32Red are in for a disappointment when the full year results are released, according to a profit warning from the group contained in a trading update this week.
Internet bookie firms in the Australian state of Northern Territory have signalled their approval of a government tax change that makes them more competitive, according to reports in The Age newspaper this week.