A decision in the Philippine Supreme Court this week will do little to reassure foreign high rollers taking advantage of ‘whale’ junkets to the Asian region.
The battle for control of the UK online and land gambling group Gala Coral took an unexpected twist this week when the US-based private equity firm Apollo made its unexpected move, offering GBP 250 million to secure 50 percent of the gambling company’s shares.
The UK Gambling Commission has announced the suspension of its licence to Paradise Bet Limited, a Hounslow bookie firm that also operates websites such as ParadiseBet.com and Bet 1128.
The UK Gambling Commission plans to get he new year off to a flying start with some fresh numbers, promising to publish data from three omnibus surveys early in 2010 in addition to its quarterly data on remote gambling participation.
The US national sports leagues have long opposed Internet gambling, but a recent Sports Illustrated interview with NBA Commissioner David Stern gave the perception that attitudes may be softening.
The market for illegal private gambling on horse races in Korea could be as high as 30 trillion won ($25.5 billion), four times ‘legal’ sales at the state-owned monopoly, according to Korea Racing Authority numbers released this week.
The Statesville Record & Landmark nespaper in North Carolina reports that the former branch manager at the Piedmont Bank in the city has been dismissed and stands accused of stealing money from her parents and customers to pay online gambling obligations.
The solid results in Sportingbet’s Q1 have continued, and trading across the business is in line with management expectations, investors were informed this week by chairman Peter Dicks, who told the agm that the company remains confident of achieving a satisfactory outcome for the current financial year.
The Gibraltar-based online gambling group Party Gaming plc issued a bullish trading update as the week closed, announcing that trading since the end of September 2009 has been solid. While revenue is expected to be in line with the Board’s expectations, Clean EBITDA for the year to 31 December 2009 is expected to be slightly …
Unibet’s experienced head of online marketing, Magnus Oldby, is to leave the group for pastures greener – specifically Bodog Europe – commencing duties as marketing manager in March 2010.
The Dutch government’s efforts to maintain the state monopoly on online gambling were given a boost Thursday when the advocate general of the European Court of Justice opined that EU member states can grant a single operator the right to run betting and gaming as a monopoly.
Despite the tough business environment, the European-facing online gambling group Gaming VC Holdings SA appears to be holding its own in a trading update issued midway through the final month of its trading year.
Emails to affiliates on its defunct Grand Prive Affiliate Program were sent out by the Grand Prive group this week in addition to an earlier press release from the group alerting former affiliates to claiming possibilities.
A controlling interest in Nasdaq-listed Asian group Gigamedia’s online gambling software interests, on the market for some months, has been achieved by the French Internet gambling group Mangas Gaming.
IGE 2010 will see the launch of a new kid on the Internet gambling white label block in the form of Plus-Five Gaming, a new UK based company that partners with AliQuantum Gaming.
Mr Green.com, the award winning Swedish online casino founded by two of the Betsson pioneers, is expanding into the United Kingdom market, and has hired former Microsoft manager Kat McClure to head up the initiative.
French gamblers have been following a novel case in the south western city of Montpellier, which culminated in a legal ruling this week following litigation between a man and a woman over a slot machine jackpot.
Israeli police have pounced on an illegal online gambling network which they suspect was operating via the website internet1x2.com, reports Israel News.
The president of the land gambling trade association Clubs Australia, Peter Newell has questioned the recommendations of the government-commissioned Productivity Commission rgearding changes to Australian gambling.
The Australian government’s highly controversial plans to institute ISP-based censorship of the Internet is to proceed despite errors already experienced and complaints from a wide range of concerned individuals and bodies, the Sydney Morning Herald reported Tuesday.
According to the BBC this week, a mystery lottery winner from Wales is the latest mega-winner on the UK National Lottery, scooping nearly GBP 850 000 without even touching a ticket.
It seems to have involved an extraordinarily long and complicated process, but there are indications that India’s first online gambling licence – issued by the province of Sikkim – will be awarded within the next three weeks.
The UK gambling group Stanleybet International has initiated a much-needed service to the online gambling industry which will see the company regularly publish content and data at www.fairplayforsportsbetting.com which disproves common misconceptions often used to attack gambling.
Online bingo software and network supplier Interactive Playnet has revealed the real reasons for its halt in operations last month, admitting that its software has been purchased by an unidentified Swedish company with an aversion to US risk.