The UK online media group Media Corporation plc has made a welcome return to profitability in the first half of its financial year, thanks principally to a significant 415 percent boost to revenues from its recently acquired online gambling subsidiary Purple Lounge.
There was bad news for Intralot investors this week as the world’s second-largest lottery systems provider reported a 31.5 percent drop in first-quarter 2010 net profit.
The Philippines internet group Philweb says it has plans to expand the success of its Pagcor e-Games Café online gambling product into Vietnam, Laos, Saipan, Palau, Papua New Guinea, East Timor and Nepal.
According to mandatory filings regarding its quarterly lobbying expenditure, the American Gaming Association, a trade group representing the interests of US land casino operators, invested a further $430 000 in government lobbying in the first quarter of 2010.
The call by the Spanish EU Presidency earlier this week for member nations to come together and frame a common definition for ‘illegal gambling’ has been answered with unusual speed by Brussels politicians.
If you’re using the Internet you need to take sensible precautions and be constantly on the alert for phishing and fraudsters, warns online infrastructure services provider VeriSign, which this week released the results of its latest internet safety study.
After a soft launch this (May) month, marketing firm Netboost Media plans to go to full operational status on June 1st with a new online bingo site branded Polo Bingo.com.
Internet betting tool developer Bettorlogic, which is backed by Andrew Black of Betfair fame and former Sportingbet chief Nigel Payne, has announced further licence agreements with a number of top sports-books and media-owners.
Addressing the company’s annual general meeting in London today (Thursday), Playtech plc chairman, Roger Withers, said he was delighted to report another year of growth and progress by the company.
Veteran online gambling software provider Microgaming has announced the submission of three significant operator applications to the National Regulatory Authority of the French online gambling market the ARJEL, two of which are in collaboration with 888 Holdings plc.
After an operational life of around 2 years, the management at Klub8, a Playtech-powered online casino and poker room, has advised players that it is to close at the end of June this (2010) year.
Texas Hold ‘Em and other popular social networking games developed by the San Francisco-based company Zynga will soon be available through the vast Yahoo! network, according to an announcement this week.
A former Cote d’Ivoire diplomat, who was spirited out of Japan following involvement in a gambling bust back in 2005, found that the Japanese police have long memories when he tried to reenter the country this week.
Trying to bring clarity to the increasingly complicated European online gambling legislative scene this week, the Spanish EU Presidency has urged that a common definition of illegal gambling is vital to the coordinated and effective regulation of gambling throughout the trading bloc.
Online gambling operators who have been anxiously watching the progress of the new French regulator ARJEL will be relieved to hear that it is confident it will “deliver first agreements to operators in the first two weeks of June,” meaning that French betting on the World Cup will be possible.
German punters frustrated by their country’s insistence on maintaining a state monopoly stranglehold on gambling, with inferior options and odds on offer, will probably be tempted to visit more competitive foreign internet gambling sites in droves as betting fever on the football World Cup intensifies, reports the publication Deutsche Welle.
Gilt-tinged third quarter results from its Australian operations has enabled online gambling group Sportingbet to deliver another set of strong performance numbers to its shareholders despite the economic difficulties in the Greek and Spanish economies.
Fed up with what it calls continuous challenges by the Italian government to its market access in that country, the retail fixed-odds betting company Stanleybet International has launched a legal compensation claim for Euro 1.5 billion against the government of Italy.
The UK online and land gambling giant William Hill plc has announced that, following the introduction of new laws relating to online gambling in France, it is taking steps to cease accepting online gambling business from clients resident in that country.
A parliamentary exchange between Malta’s finance minister and Labour MP Alfred Sant this week highlighted the significant contribution which remote gambling regulation has made to the Mediterranean island’s economy.
Felice Masullo (38), who is alleged to have been a member of an organised crime ‘family’, was sentenced in a Manhattan court this week to three years imprisonment on charges that included running an illegal internet gambling business and drug offences.
Felice Masullo (38), who is alleged to have been a member of an organised crime ‘family’, was sentenced in a Manhattan court this week to three years imprisonment on charges that included running an illegal internet gambling business and drug offences.
The website for the independent player protection and standards body eCOGRA (http://www.ecogra.org/) re-launched this week with a fresh presentation and added content following an extensive revamp.
A married couple has scooped nearly GBP 4.7 million from a land casino fruit machine in France…after putting a single coin worth less that 50p in the slot!