The UK-based Sky Betting and Gaming subsidiary of BSkyB has reported positive annual financial results this week, with annual gross margins up 21 percent thanks to a strong performance from online gambling and mobile activities.
Vietnam has joined those countries taking a repressive line on the Internet, with the Ministry of Information and Communications halting the licensing of online games in general and those involving gambling in particular.
Vying with the passage out of Committee in the USA of Barney Frank’s bill to legalise online gambling, a merger agreement between online gambling giants Bwin Interactive and Party Gaming plc grabbed the headlines Thursday.
Wednesday’s delayed vote on Barney Frank’s HR2267 bill seeking to legalise online gambling in the United States proved to be worth the wait, with members of the House Financial Services Committee voting it forward by 41 to 22 in a bipartisan approach. The vote was taken after a number of amendments were accepted.
More information was released Wednesday on the security breach which closed down the British Columbia Lottery Corporation’s first venture into online gambling.
The confused status of online gambling in Cyprus could be clarified soon, with the government completing a draft law seeking to ban the pastime. Following government approval, the bill will now go forward for European Commission and domestic parliamentary debate.
Internet gambling software development group Playtech plc has released a trading update covering the three months ened June 30 2010.
Another Kansas City man accused by a grand jury investigation of facilitating online gambling has pleaded guilty, admitted that he was a part of an internet gambling ring that processed $3.6 million in internet bets between 2006 and 2009.
Industry observers expecting a vote on the mark-up of Barney Frank’s proposal to legalise US online gambling Tuesday were disappointed to learn that a heavy business agenda and lunch break delays curtailed the House Financial Services Committee deliberations before HR2267 was reached.
It appears from European news reports that the Italian online gambling regulator AAMS has learned its lesson following delays in the implementation of regulations governing online casino and poker cash games caused by non-compliance with European Commission vetting requirements.
Two weeks on from the launch and almost immediate collapse of the British Columbia Lottery Corporation’s first online gambling venture, the PlayNow.com website remains down as technicians work on security problems that exposed player accounts.
With Congressman Barney Frank’s HR 2267 due for mark-up in the House Financial Services Committee today an editorial in the Washington Times is particularly relevant as it discusses the implications of this attempt to legalise online gambling in the United States and overturn the controversial UIGEA.
The US state of Pennsylvania is challenging Nevada and New Jersey when it comes to slots action, it appears from Associated Press reports this week.
If you’ve a yen to work in one of the most hi-tech environments in the industry, Betfair may have something to interest you.
With members of the House Financial Services Committee gathering in Washington DC Tuesday to mark-up Congressman Barney Frank’s latest legislative proposal to legalise US online gambling, the New York Times carried a review of the pastime and the contrasting attitudes in America and Europe.
Publishing company iGaming Business has released the results of a survey predicting that the online casino business could grow by almost 80 percent between now and 2014.
A further nine licensees have been approved for the French online gambling market by regulator ARJEL, including major companies like Full Tilt Poker and the joint sports betting Canal + and Ladbrokes venture.
A study commissioned by the Right2Bet anti-state gambling monopolies campaign has illustrated with shocking clarity that online gamblers were ill-served by such operators during the recent football World Cup.
Rumours that the Rival-powered Planet23 and Royal Apollo online casinos were in dire straits have been confirmed by Royal Apollo affiliate management, which has announced to affiliates that it has called it a day due to unspecified “ongoing issues” with software provider Rival Gaming.
The major UK gambling group William Hill plc has continued its remote gambling diversification structuring by adding a new telephone betting service to the William Hill Online operations that recently relocated to Gibraltar.
The decision by the UK’s The Weather Lottery to launch online gambling services through the brand FCBetz.com was clearly a good bet; shares in the company have soared steeply – by some 173 percent – over the past week.
Online gambling software developer Rival Gaming’s latest game release has a theme based on the steam-driven railroads of yesteryear, delivered with up-to-the-minute 21st century computer technology.
Even major, well governed online gambling operators have occasionally fallen afoul of UK advertising standards enforced by the Advertising Standards Authority.
The UK online and land gambling group Gala Coral sprang a surprise on the market this week, announcing the unexpected departure of chief executive Dominic Harrison, who was appointed to the post two years ago. He will leave around October 1st.