The Vienna-listed online gambling group Bwin has added its arguments to those of the European Gaming and Betting Association regarding the European Court of Justice’s finding on its legal clash with the Portuguese state gambling monopoly Santa Casa.
More clarity on the position of Ivobank has been achieved following a further statement from the online bank, advising that following a ‘strategic decision’ by the owners – the Indonesian billionaire family Sampoernas – the bank will be closing in an orderly manner.
The long-running litigation between Austrian online gambling giant Bwin and the Portuguese state betting monopoly Santa Casa has entered a new and negative phase following a ruling from the European Court of Justice.
A gimmicky but entertaining addition has been made to this Wednesday’s National Lottery draw in the United Kingdom – popular illusionist Derren Brown claims he will successfully predict all six Lottery numbers live on TV minutes before the draw for a GBP 2.4 million jackpot.
Launched late last year with massive publicity and plenty of commercial hype, the online banking operation Ivobank – owned by the Indonesian billionaire Sampoerna family – appeared to be going from strength to strength with a list of gilt-edged online gambling clients that included some of the top companies in the business.
Online gambling software provider Connective Games.com has hired niche i-gaming marketing agency GameOn Marketing – to handle its marketing, PR and event management activities.
Virtue Fusion Alderney continues to enjoy popularity in the online bingo space, and has reported that its latest licensee is Begawin.com, a Malta-licensed Spanish-facing operator launched in 2007 which also offers online casino and sportsbetting action.
Vienna-listed online gambling group Bwin has scored a major coup and some formidable positioning in the Italian market following an agreement to acquire the Italian group Gioco Digitale. With hopes high for an imminent and positive regulatory system in Italy the agreement is especially valuable and significant.
The UK interactive gambling television deal between broadcaster Five and interactive gambling group NetPlayTV comes to fruition this month when NetPlay’s SuperCasino.com show flights between midnight and 4am three nights a week starting September 17.
The announcement by the Argentinian Presidential Cabinet Chief Anibal Fernandez recently that Argentina was about to switch to a more sensible regulatory strategy for online gambling has been followed by further information that the legislation has been approved.
The long-running Kentucky vs. online gambling dispute over an attempt to seize international domains will again rear its ugly head on October 22nd 2009 as Governor Steve Beshear attempts to justify his actions before the Kentucky Supreme Court.
The latest online gambling business to follow the trend of sponsoring European football clubs is the Finnish gambling monopoly Alands Penningautomatforening (PAF).
The cancellation of the SmartLive casino affiliate program and the subsequent departure of the company’s md over reported differences with owner Kasim Garipogula entered a new phase as the week ended with Income Access weighing in on the dispute.
The hardships of a tough business and economic climate were apparent in the H1 2009 unaudited results released by Betbull this week, which showed a 28.6 percent drop in net gaming revenues to Euro 6.025 million (H1 2008: Euro 8,388 million).
As the week came to a close, Cryptologic’s vice president of business development, Justin Thouin, dispelled fears that his company’s licensing contracts may be impacted by the recent takeover of Marvel Entertainment by the Disney organisation.
Speculation in July this year that the Costa Rican Finance Minister was about to introduce a new taxation regime targeting online gambling companies has been confirmed by the publication Inside Costa Rica.
The growing number of online gambling companies taking up residence on the Isle of Man to make the most of its advanced financial and technical infrastructure and benevolent tax regime, will have the added comfort of one of the most advanced disaster recovery systems in Europe following recent developments on the island.
Cloud gaming – the concept of taking the computational load of today’s high end shoot ’em up games off of the user’s PC, and instead putting the action onto remote servers comes a little closer this month as one company introduces a beta test program designed to put the technology through its paces, supported by …
Cantor Gaming, an affiliate of the global financial services firm Cantor Fitzgerald, has launched an “In-Running” sports betting product at The Venetian, Palazzo and the M Resort Spa Casino in Las Vegas for the 2009 NFL season, beginning with Tennessee at Pittsburgh on September 10.
The UK Advertising Standards Authority has once again banned a marketing effort – this time by the UK National Lottery – after receiving a complaint from a member of the public about the content in a direct emailing campaign “that could be seen to be encouraging excessive gambling.”
Bodog Europe has announced the launch of the Bodog brand in the Canadian market, with Bodog.ca marking the 15-year anniversary of the Bodog brand, and just in time for the remainder of the CFL season and the beginning of the NFL and NHL seasons.
Last week’s rumours of trouble at Smart Live Casino, and subsequent reports that the operation had started to axe affiliates, were enhanced this week by reports that London-based managing director Arthur Baker had abruptly resigned after some friction with the owners.
“Up” was the operative word in Playtech plc’s half yearly results published this week as the online gambling software developer continued to shine despite the difficult trading environment.
The challenging world economic environment has adversely impacted popular online casino group 32Red, which this week reported H1 2009 numbers showing an 11.2 percent decline in revenues to GBP5.8 million (H1 2008: GBP 6.4 million).