A US government initiative to act against laws that are hampering economic growth may present the online gambling industry with the opportunity to strike a blow against the universally unpopular and growth-inhibiting Unlawful Internet Gambling Enforcement Act…and at least one pro-industry body has taken up the challenge.
The Macau Gaming Inspection and Coordination Bureau recorded revenue of 18.57 billion Patacas (US$2.31 billion) for the month of January 2011. The figure indicates a 33 percent rise in revenue compared to January 2010.
Parlay Entertainment Inc and Wonder Interactive have partnered to launch an integrated social internet bingo application in February 2011.
Online sports betting provider Sportingbet announced its pre-close trading update this week.
SAS CANALWIN, the company created by French broadcaster CANAL + Group and Ladbrokes has gone into liquidation and requested that its ARJEL licence be withdrawn.
UK-based games developer Electracade will be supplying 150 plus games from both its own and parent company Openbet’s games library to Australian online gaming provider Eyecon in a worldwide distribution deal announced this week.
South African credit card holders are currently being told by their banks that buying lottery tickets overseas, or gambling online using their credit cards, is illegal.
Online businesses collaborating with each other by using Iovation’s device reputation service stopped 35,000,000 fraud attempts in 2010 – the company’s most successful year in helping make the Internet a safer place to interact and conduct business.
The Isle of Man-domiciled online gambling group GVC Holdings plc has released its latest trading update, showing total net gaming revenues for the year 2010 up 5.2 percent to Euro 54.8 million.
Excessive debt and massive bingo sector write-downs have reportedly resulted in a poor performance from the UK online and land gambling group Gala Coral.
The American Gaming Association, a trade body that represents the interests of most of the major land gambling providers in the United States, has announced a key appointment to its government affairs team.
The question reverberating around the online gambling industry – will New Jersey governor Chris Christie sign into law Sen. Ray Lesniak’s successful online gambling legalisation bill – remained unanswered this week as the governor signed off on two other gambling-related bills.
Nevada’s Gaming Control Board has reported another dismal year of losses for the state’s gambling interests, with extensive write-downs and weak revenues in the latest fiscal year ending June 30 2010.
German gambling developer and supplier, JAXX SE formerly JAXXAG announced its highest quarterly revenue results in the history of the company.
The UK minister for tourism and heritage, John Penrose released a statement on the progress of the proposed GBP200 million sale of the UK Tote this week.
Creating more than a frisson of interest this week, the Dutch News.nl website reported that Dutch junior finance minister Frans Weekers has revealed that the Netherlands government is considering selling off the state-monopolised Holland Casino group.
Estimates earlier this week that the Italian market could be in for major expansion have been fleshed out by independent research outfit Trust Partners.
The ongoing procrastination by the South African government over the legalisation of online gambling again came under the spotlight on ITWeb’s blog this week.
Online gaming and media group, Media Corporation Plc (Media Corp) showed a strong start to its current financial year with a trading update for first quarter – 1 October 2010 to 31 December 2010.
Canadian online gaming provider, Chartwell Technology has announced its audited financial results for the year ended October 31 2010.
With the growing likelihood that state, rather than federal, initiatives will determine the future of online gambling in the United States, several major companies have joined together to advocate legalisation.
The McMurphy’s slot, another recent release from Rival Gaming.
With UK and Irish horseracing levy and funding debates between Government, horseracing organisations and bookmakers in the news, the Italian agricultural minister has told parliament that horseracing needs a permanent state funding solution separate from income raised through betting – similar to how the Italian National Olympic Committee is financed reports Racing Today.
Isle of Man telecommunications and Internet provider Manx Telecom has appointed Tony Wilkinson as its first UK-based eBusiness Development Sales Manager.