Gambling news - page 1275

Paddy increasingly an online powerhouse

16 Nov 2009

Ireland’s Sunday Independent newspaper lauded betting group Paddy Power’s deal with the former French gambling monopoly Pari Mutuel Urbain this week as a move that will further reduce the quoted bookmaker’s dependence on its Irish and UK retail betting shops.

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Betfair clash with Aussie racing imminent

16 Nov 2009

Wednesday this week will see the Australian branch of online gambling giant Betfair in court again, this time fighting a 1.5 percent levy on its turnover attempted by Racing New South Wales.

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Joint police action hammers online gambling ring

15 Nov 2009

A joint police action against electronic gambling in Greece and Cyprus has resulted in the arrest of a 44-year-old Athenian man and a continuing manhunt for a second accused, reports the Cyprus Mail newspaper.

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Crypto reduces losses in Q3

13 Nov 2009

Online gambling software developer Cryptologic experienced another tough third quarter this (2009) year, posting results which reflected a loss of $3.4 million as predicted in its earlier trading update.

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Another white label deal for OdssMatrix

13 Nov 2009

Fresh from a similar deal with Tain, white label Internet sportsbook provider OddsMatrix Limited has entered into an agreement with Best Games Holdings Limited for the provision of a fully managed sports book.

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German online lottery ban continues to plague JAXX AG

13 Nov 2009

The treaty between German states banning online lottery operations continues to have a profoundly adverse impact on German lottery service provider Jaxx AG as the group struggles to reposition itself as a betting rather than a lotteries company.

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Digitote achieves eCOGRA software accreditation

13 Nov 2009

The independent player protection and standards organisation eCOGRA has announced that Digitote, a provider of advanced sportsbetting software and ancillary web development and back office applications, has successfully achieved the required standards for its Certified Software accreditation seal.

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Paddy Power finalises P.M.U. deal

13 Nov 2009

Irish online and offline bookmaker Paddy Power has confirmed its deal with the French gambling monopoly Pari Mutuel Urbain (PMU) which will smooth its path into the liberalised French gambling market early 2010.

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Mr Green voted best Swedish gambling website

12 Nov 2009

Sweden-based online casino Mr Green.com is probably still celebrating this (Thursday) morning after being voted top gambling website in Sweden on making it through to the finals.

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From software sales to risk management

12 Nov 2009

Aideen Shortt, formerly the dynamic VP sales and marketing for Canadian online gambling software developer Chartwell Technology, has moved to Paddy Power subsidiary Airton Risk Management, a sporting risk business where she has been appointed an associate director. She joins a team that includes David Lyons and Rod O’Callaghan.

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Gambling a problem in Finland

12 Nov 2009

Renowned for its poker players, the Nordic country of Finland also appears to have more than its share of problem gamblers, which gives the lie to government claims that state monopolised gambling is safer than an open market.

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Payment problems at MahjongTime?

12 Nov 2009

The affiliate program Income Access issued a timely warning against the San Diego-based online gambling software group MahjongTime this week, citing ‘payment concerns.’

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Dutch face more litigation on gambling policies

12 Nov 2009

Two major legal battles against the Dutch penchant for state monopolised gambling start this week in the European Court of Justice.

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Virgin´s Branson form partnership in bid for UK lottery

12 Nov 2009

The Times reports that Sir Richard Branson is to partner up with an unidentified investment company and the Dutch-owned People’s Postcode Lottery (PPL), in a bid for control of Camelot, the UK’s National Lottery operator. The consortium is reportedly interested in acquiring an eighty percent stake in the operator.

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Youbet.com sold to US company

12 Nov 2009

Kentucky’s major horseracing group, Churchill Downs Inc., has signed a $127 million agreement to purchase the Burbank, California-based online betting site Youbet.com.

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Lucky Dane hits Japanese Jackpot

11 Nov 2009

CasperP of Copenhagen is one lucky Dane, having aced a Euro 264 667 jackpot on the Geisha Wonders slot at Bet24.com this week.

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Another major jackpot from NetEnt

11 Nov 2009

Net Entertainment’s glitzy 5-reel, 25-line progressive video slot Mega Fortune has created another instant multi-millionaire with a Euro 4 million jackpot hit by a Swedish payer.

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Big money in bingo

11 Nov 2009

Online bingo site Mecca Bingo.com has announced that one of its virtual players, ‘dreamer80’,  took home a GBP 100 000 jackpot as part of the site’s Lucky Pink Box promotional campaign last week.

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Poland anti-gambling law progresses

11 Nov 2009

Politicians in the eastern European nation of Poland moved a step closer to implementation of severe gambling resrictions Tuesday when they approved a draft law proposed by Prime Minister Donald Tusk.

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US land casinos still in decline

11 Nov 2009

September ’09 numbers from the Nevada Gaming Control Board show winnings from gamblers at land casinos in the state declined in September for the 21st month in a row.

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Affiliates Union signs up first program

11 Nov 2009

The newly introduced affiliate marketers’ association, the Gambling Affiliates Union, has announced the endorsement of its first affiliate program,

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GameLogic develops Facebook application

10 Nov 2009

The US interactive marketing services provider GameLogic, Inc., has completed an integration initiative with the popular social networking site Facebook, claring the way for the use of its PlayAway, PlayerVantage and New Play suite of products. These programs extend GameLogic’s Internet player/database marketing platform to the rapidly growing world of social media.

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888.com revenues drop in third quarter

10 Nov 2009

888.com’s b2b subsidiary Dragonfish performed sufficiently well to limit a decline in Q3 revenues at the online gambling group, but Management still posted a drop of 10 percent compared to Q3, 2008.

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Gambling industry contributes Euro 3-4 billion annually to EU sports

10 Nov 2009

Gambling in Europe contributed over Euro 3.4 billion to European Union sport, a new study commissioned by the Remote Gambling Association has found.

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