The respected professional business services and analyst company Ernst and Young had encouraging news for the online gambling industry this week – it could be one of the economic sectors that comes out of the global economic recession stronger and more resilient than ever.
One Internet casino operator with an eye on the hopefully-soon-to-be liberated French online gambling market appears to be Malta-licensed Chili Gaming.
Barrière Interactive Gaming, the online subsidiary of French group Lucien Barrière Hotels & Casinos is planning to launch a 3D Internet casino later this year under the brand LeCroupier.com. Advanced graphics and software technologies are being used to create a cutting edge venue that will include avatars and a host of casino games and player …
The European Gaming and Betting Association (EGBA) has welcomed the European Commission’s decision to issue formal Comments against proposed changes to the Finnish Lotteries Act. These changes, if implemented, would increase the extent of the breach of European Union law that is already the subject of an EC infringement procedure, the Association claims.
Las Vegas Strip casino gambling revenue tumbled 23 percent in December, capping the worst annual decline on record, as the city enters the second year of the U.S. recession, reports the Bloombergs business news service.
New research funded by the Economic and Social Research Council, the Responsibility in Gambling Trust and the Wellcome Trust Behavioural and Clinical Neuroscience Institute in the UK has suggested that almost-wins increase the motivation to gamble and can trigger compulsive betting behaviour.
UK politicians have called for a rethink by Google on its decision to allow gambling promotion on its Adwords product. New Media Age reports that the politicians, led by Labour MP for Birmingham Perry Barr Khalid Mahmood, launched an early-day motion questioning Google’s policy
The mahjong software specialist firm Mahjong Time has inked an agreement to provide its product to Chinese sports content provider 343 Sports Group.
A case in Washington and Louisiana – states notorious for hardline stances on Internet gambling – resurfaced after two years this week with a favourable appeal court ruling, reports Techdirt.
Armed with search warrants, Collinsville, Virginia police raided five locations this week, seizing 66 computers, nearly $3 000 and office equipment in the area in an anti-online gambling swoop, reports the Martinsville Bulletin newspaper.
With a hostile takeover attempt by Centrebet in progress , the directors of Australian sportsbetting group International All Sports are probably relieved that second half 2008 results have been positive.
Online sportsbetting company Betdaq has agreed to sponsor 72 horse races, including the GBP 25 000 Kent National, between February 14 and March 6 at the Arena Leisure courses Lingfield, Wolverhampton, Southwell and Folkestone.
Britain’s strict Advertising Standards Association has lowered the boom on another Internet betting company advertisement, upholding a single public complaint that an advert for spread betting firm ShortsandLongs.com glamourised gambling.
Dennis Neilander, the chairman of the Nevada state Gaming Control Board, has nixed the current prospects for legalising online gambling by telling the Senate Judiciary Committee that without clarification from the courts or Congress he believes Nevada is precluded from adding Internet gambling to the many games it regulates.
Atlantic City’s eleven land casinos continued to battle in tough economic conditions in January 2009, improving slightly on December 2008’s record revenue decline but still 9.4 percent below the same period in 2008.
The London-based advertising agency 7Stars has successfully pitched for the GBP 10.2 million William Hill plc media planning and buying contract, winning the deal from the incumbent agency and several other competitors, reports Marketing News.
167 Prince William County, Virginia employees won incentives that could be worth several thousand dollars to buy homes in the suburban county, in an innovative lottery seeking to alleviate some of the misery caused by a wave of foreclosures.
Professor Jim Cosgrave, a sociology lecturer at the Oshawa, Canada-based Trent University has published a book exploring the social impacts of gambling entitled ‘Casino State: Legalized Gambling in Canada’. In the book, the academic questions the propriety of governments augmenting budgets with taxes on profits derived from gambling.
Despite the political will to regulate and tax online gambling in Spain, the initiative has slowed considerably, reports Swiss-Presse.
The UK regional newspaper This is Croydon Today carried an amusing story of crooked ineptitude in an attempted theft of betting company monies this week.
Pikum, an online social gambling startup which had GBP 3.98 million ($5.92 million) in investment from Virgin USA and First Round Capital has closed its virtual doors, apparently as a result of financial woes.
The Lisbon Village Council in Ohio has apparently decided that whilst the regulation and licensing of online gambling is not favoured, taxing it’s lucky residents who win at the pastime is OK.
Two prominent UK-Irish bookies took different routes in the prevailing economic climes this week, with Paddy Power expanding, and William Hill closing retail betting operations.
Online gambling group will help create the world’s first public data bank for research on problem gambling