Reports which first surfaced in the UK’s Sunday Telegraph newspaper this weekend indicate that most of the principal shareholders in Britain’s national lottery organiser Camelot are interested in selling their stakes in the company, which has operated the lottery since 1994 on a mandate from the British government. Camelot renewed its mandate for a further …
Hard pressed consumers in the United States have not given up completely on gambling, but they are turning increasingly to using penny slots for their entertainment.
Is Asia’s land gambling drought easing? A report from Bloombergs news service this week suggests that it may be. Macau’s casino revenue rose in the first three months of 2009, signaling recovery from a slowdown triggered by the global recession and visa controls imposed on mainland Chinese visitors.
According to reports in the UK newspaper, The Times two well established and substantial online gambling companies may currently be in discussions. Gibraltar-based Party Gaming plc and the Nasdaq listed GigaMedia group are named in the report, which notes that earlier this month Gigamedia flagged an interest in selling or merging.
The right hand did not appear to know what the left was doing this week at PRWeb-Vocus as news media struggled to get confirmation from the press release distribution company that it had been served a “cease and desist” order in respect of Internet gambling press material by the Washington State Gambling Commission.
Canadians in the province of Nova Scotia may be given the convenience of online sports betting later this year, judging by reports in the regional media.
Advocate organisations supporting freedom of speech and the Internet independence principles have made submissions to the Kentucky Supreme Court ahead of its hearing of an appeal against an appeal by the Kentucky state government.
The Isle of Man-based sports betting firm Sports Betting One on One, has launched a novel introductory offer for new traders, reports Intergame. New accounts will be offered 30 company shares through a scheme where the company has created a Share Trading Floor so players can trade their shares on the Sports Betting One on …
Specialist online writers in several media this week started to paint a somewhat rosier picture of the online gambling sector, with the senior Moneyweek journo Eoin Gleeson setting the tone.
The UK online and land sportsbetting firm Pagebet has placed its internet betting business into administration, reports The Northern Echo regional newspaper.
With more online gambling companies coming forward with news of a Washington state cease and desist order on industry press releases distributed by state-based PRWeb, it is becoming clear that earlier reports on the ban were accurate.
The British ID verification company 192Business is to provide its global ID verification services to online gambling group 888.com properties to beef up ID checks in player acquisition initiatives.
The “finders keepers, losers weepers” story of a Swindon housewife who cashed in a winning lotto ticket she found on the floor of a supermarket made many UK newspapers this week.
Unconfirmed reports earlier this week that Ferndale, WA-located PRWeb – a press release distribution site – had been ordered by the state of Washington to stop promoting online gambling through its press release service have proved difficult to substantiate.
In a statement Thursday the Interactive Media & Gaming Association (iMEGA) advised that the US 3rd Circuit Court of Appeals has notified its lawyers and those representing the US Department of Justice that the Court is set to consider iMEGA’s challenge to the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).
The Vienna-listed online gambling group Bwin experienced rising gross gaming revenues across its range of betting products during the financial year 2008, with ggr growing to Euro 420.9 million (FY 2007: Euro 353.5 million).
Kudos to UK online and land gambling group Stanleybet International, which has pledged a million Euros in earthquake relief assistance to victims of the calamitous Italian earthquakes earlier this month.
The fruits of major agreements with the owners of the rights to movie themes are becoming increasingly apparent at PartyCasino.com in the PartyGaming Internet gambling group, which has just launched its new Rambo-themed slot as a companion for games based on the movies Top Gun and Saturday Night Fever.
Daniel O’Mahoney, the CEO of Ireland’s largest land and Internet independent bookie firm, Boylesports, is on the move to parts unknown after five-and-a-half years in the hotseat, the company announced in a terse press release this week.
The Gibraltar-based 888.com-Cassava Enterprises online gambling group this week faces similar Argentinian legal problems to those already experienced by international firms Bwin and Victor Chandler in the South American country.
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.