In the wake of the acquisition of Casagaming’s Internet gambling operations by iGame Limited announced earlier this week by Entraction it appears that at least two Casagaming execs will not be joining the acquiring company.
The director of the Harvard Medical School’s Addictions Department, Dr. Howard Shaffer, has some interesting views on Internet gambling, backed by an extensive study of problem gambling that includes access to a wealth of practical data from the giant European online gambling group Bwin.
OPAP, which operates the Greek government gambling monopoly, and Turkcell, Turkey’s largest mobile phone operator have lodged seperate bids for the soon-to-privatised national lottery Milli Piyango.
Nevada lawmakers in the Assembly voted 31 – 11 this week in favour of a proposal to introduce a state lottery in the gambling state, despite fears that such a move could compete with slot machines and other games of chance.
The troubled economic times which the US is currently battling through were again showcased in a USA Today article last week, which reported that between October 2008 and mid-March 2009 some 402 conventions and meetings scheduled for Las Vegas had been cancelled.
PhilWeb Corporation, the listed Philippines’ Internet company, has reported earnings in 2008 FY up by over a third on the back of higher revenues, reports GMA News.
The UK skill games developer and provider GameAccount has announced a white label deal designed to supply US-based firm Players Gaming & Leisure with online skill games at the newly launched Grand Casino World.com and Domino World.com.
The state of Kentucky’s appeal against an appeal entered a new phase at the beginning of April, when the state’s 50 page brief was accepted by the Kentucky Supreme Court.
Small wonder there are US states alarmed by the popularity of Internet gambling; the results of a survey released last week by Frost & Sullivan indicate that lottery sales have the potential to increase by 127 percent, plugging holes in state budgets….but that online gambling could be drawing away up to $7 billion due to …
Industry observers are speculating that the beginning of a new era in U.S. online gambling may be in sight following the appointment of ex-Party Gaming group CEO Mitch Garber as head of the Internet operations and World Series of Poker division at the giant land casino company Harrah’s Entertainment this week.
Clubs Australia has recommended in its submission to the Productivity Commission that more attention should be focused on the “ills of Internet gambling” now that problem gambling on the pokies has decreased, reports the Canberra Times.
One of the more way-out there articles spotted on the Internet this week came from Softpedia, which reported on the somewhat reaching theories of an Illinois academic in a three part publication entitled ‘The United States International Gambling Report Series’.
Following the recent consultative process in Sweden on the Nyren Report’s suggestions on the way forward for gambling in that country, another Nordic nation has started a consultative process.
Times may be tough, but the Italian betting market continues to deliver growing revenues, according to the latest numbers from the Italian regulator AAMS which announced this week that the latest quarterly statistics show that overall wagers rose 9.2 percent to Euros 13.2 billion.
The satisfying prospect of a gang of lotto fraudsters meeting their comeuppance features in a story in The Register this week, which reported that Somerset police have busted a bogus lottery winner scam following a raid on a cheque processing and clearing house.
Atlantic City casinos revenues dropped by a record margin for the second straight month in March, officials told the Reuters news agency Thursday, as the recession and competition from other states cut gamblers’ spending.
According to a Turkish Press report the bidding for the Turkish lottery privatisation contract is now less competitive following the withdrawal of local group Dogan Holding and its Italian partner Lottomatica.
Online gambling group PartyGaming’s CEO, Jim Ryan has an added incentive to keep the company forward – this week he was awarded company shares worth more than GBP 280 000, six months after he was issued company shares worth almost GBP 1.5 million under PartyGaming’s Share Option incentive plan (ESOP).
Betfair has signed a sponsorship deal with the England & Wales Cricket Board (ECB) to become the governing body’s official betting partner, reports Marketing Week.
Las Vegas land casinos reported a 23.4 percent decline in gaming revenues to $427.4 million in February 2009, well down from the $556 million recorded in the corresponding period a year ago.
The British online and land gambling group William Hill plc has reported complete success in its rights issue offer to raise GBP 350 million.
A former mayor did the crime and is now about to serve the time in a UK case involving theft of almost GBP 40 000 which concluded this week.
The Australian Football League (AFL) has started lobbying government for an exemption or revision of current legislation that prohibits Australian betting operators from offering internet markets once a game has started.
The Australian Football League (AFL) has started lobbying government for an exemption or revision of current legislation that prohibits Australian betting operators from offering internet markets once a game has started.