Interesting company valuation and IPO numbers surfaced in the US media this week as social gaming sites made the headlines in merger talks and general reportage.
The Kahnawake Gaming Commission built on its more open and player-sensitive policies this week with the inaugural release of player dispute statistics over the past year.
Perhaps predictably, much of the mainstream media focused on the negative aspect of gambling – problem players – in reportage on the UK Gambling Commission’s third Prevalence of Gambling survey published Tuesday .
The UK Gambling Commission published the results of its annual independent report – The British Gambling Prevalence Survey 2010 (BGPS 2010) – this week.
Online gambing provider, bwin has released its bwin League Information Widget just in time for the start of national leagues and the UEFA Champions League round of 16.
The Player Betting Education Programme managed by the Professional Players Federation (PPF) has been praised by the Remote Gambling Association (RGA) for its success in its first year of operation.
A lucky Bet365 Casino customer identified only as A.A. won the Gold Rally slots progressive jackpot this week and pocketed a healthy $1 207 278 million by landing nine scatters on a maximum bet.
Network and applications provider Exponential-e will be providing internet gaming firm Bet365 with an “extremely fast, high-bandwidth corporate network” to assist in managing the vast amounts of data generated by Bet365’s In-Play betting system.
Rival Gaming’s latest 3D Slot offering – French Cuisine – is a twist on Pixar’s animated movie Ratatouille and centers around a band of entertaining mice and an amusing French Chef who wants them gone.
A dealer-based land casino scam that outwitted casino security at venues throughout the United States and Canada and generated over $7 million in ill-gotten gains culminated last month in a guilty plea by the ringleader, ending a long-running criminal ‘enterprise’ that has been characterised as the biggest card-cheating scam in FBI history.
Online gamblers in Canada are reporting a resurgence of last year’s “no Canadian punters” emails from a top online gambling company this week, although detail on the real legality of such exclusions has not been disclosed.
The excruciatingly slow journey of South Africa towards legalised and regulated online gambling continued this week with a confirmation from the government’s Department of Trade and Industry that the law in its current draft form would effectively bring internet auctions under proposed gambling regulations.
It appears from a Loto Quebec statement this week that its online gambling website Espacejeux.com was the target of a local journo looking for a story recently.
The World Cup last year – and the months since – have been characterised by intensified enforcement action against online gambling rings in Asia, and this week a Taiwanese company boasted that it had played a key role in providing hi-tech equipment that aided the police.
Could there be more liberalisation of Canadian gambling on the horizon? The Toronto Star reports that a member of the New Democrat Party, Joe Comartin, has introduced a private members bill to amend the criminal code and allow people to bet on single sporting events, instead of the current minimum of three.
According to reports from the Irish Press Association, some Labour Party politicians in that country are not content with extending the tax net to online gambling operators …they would now like to ratchet up the rate from 1 percent to 1.5 percent.
It appears that it is not just poker and blackjack that capture the attention of the movie-going public; a new film due to start shooting in April this year is based on an at times amusing book on internet sports betting.
Revelations of more anti-online gambling e-processing prosecutions surfacing this week brought with them a blast from the past, naming the now defunct sports betting brand BetonSports, one of the first major online betting firms to be taken down by the US federal enforcement authorities at a cost of millions of dollars.
The London High Court’s decision with regard to the award of legal costs, loss and damages related to 32Red Plc’s two-year trademark infringement action against William Hill will be handed down in a written summary by the end of the month (February) although 32 Red plc requested an immediate decision on the matter.
UK newspaper, The Telegraph, reports that Gala Coral is rumoured to have dropped out of the field lining up to buy the UK Tote.
Swedish online gambling firm Betsson AB presented its Q4 2010 and full year 2010 financial results this week.
Irish bookmaker Paddy Power plc has received approval from the Treasurer of the Commonwealth of Australia, connected with the Australian Foreign Investment Review Board, to purchase the remaining 39.2 percent minority shareholding in Sportsbet Pty Ltd.
Gdirect B2B Limited, a company registered in the US Virgin Islands and managed by experienced internet gambling staff, has launched a new online casino branded Casino Fortuna.com.
This week has seen a sequel to the successful 32Red.com trademark infringement action against William Hill plc last month.