Last month’s alarming claims by a UK academic that online gambling is more likely to create problem gamblers than offline equivalents have been challenged by a gambling expert.
The stressed economic situation continues to impact Nevada land gambling venues according to official figures for August 2009, which show that casinos won $847 million from gamblers in August, a 9.3 percent decline compared with the same month in 2008.
2010’s Winter Olympics plans for Vancouver in the British Columbia province of Canada include a ban on betting on ice hockey, but a lottery executive says that this will merely direct punters to betting sites on the Internet and outside the reach of Canadian authorities.
Denmark’s draft law designed to appease the European Commission and create a more open but still limited online gambling market in the Scandinavian country ran into difficulties with the Commission this week.
UK online and offline gambling group Ladbrokes plc has confirmed market rumours that it is to seek a rights issue to raise more cash.
In the football sector, the UK Premier League has written to the clubs under its authority, urging vigilance after it emerged that informants with links to Asian betting syndicates have been passing on live information during academy matches.
The UK online and offline gambling group Ladbrokes plc has so far declined to comment on rumours sweeping across the London market Wednesday that it is about to initiate a rights issue to raise GBP 300 million in order to pay down a reported GBP 960 million debt burden.
Virgin Bingo will shortly be initiating a major marketing drive featuring an amusing cartoon character called Virgin Bingo Ricardo.
It’s been a remarkable two weeks for big win progressives from a range of providers.
Internet gambling group Sportingbet has posted a positive set of results for the full year ended July 31st 2009, turning round a loss last year with a solid profit in the current period, mainly from better European sportsbetting action.
The Nova Scotia Gaming Corporation came under fire from anti-gambling groups this week over an advertising campaign profiling young Canadian athletes who have been supported by funding from the lottery.
The European Court of Justice has found that a Spanish government tax law on gambling winnings to which the European Commission had objected, is flawed and discriminatory.
The failure last month of the sponsorship deal between Cardiff City FC and the Philippines-based 777Ball.com has not left the football club bereft of sponsorship for long. SBOBet.com, an Isle of Man licensed online sportsbook filled the gap this week.
One of European online gambling’s perennial chestnuts – that 888.com is about to be acquired by Ladbrokes – surfaced again Tuesday, sending ripples of interest through the London markets. As in previous incidents, there appeared to be little substance, with unidentified sources denying that such a move was in progress.
The chairman of the European Gambling and Betting Association, Norbert Teufelberger, makes some interesting observations on regulation in the Association’s latest newsletter.
Prof. Michael Levi, Professor of Criminology at Cardiff University has written a report on his conclusions following a study of money laundering and its implications for the online gambling industry.
This is a key week for French gambling as the National Assembly gathers between 7th and 9th October 2009 to consider the draft law designed to liberalise the French gambling market in 2010.
The news that an American online player had hit a major jackpot at an RTG-powered casino had the message boards buzzing last week, and more details are now to hand.
In an audacious move that is unlikely to endear it to a French government that has already warned about gambling groups anticipating the liberation of the French market next year by advertising, the Malta-registered sportsbetting site Zeturf reportedly did some effective campaigning last week.
Moscow authorities are expressing concern about the rise of “surrogate” gambling technologies such as lottery machines and online gambling three months after an almost total ban on gambling in Russia, reports the Associated Press news agency.
Precious metals, ice age adventures and a high kicking kung-fu monkey all feature in the latest game releases from the Isle of Man online gambling software provider Microgaming, along with an interesting new prestige poker game in the firm’s acclaimed Gold Series.
Speculation back in June this year that UK online and land gambling group group Gala Coral was considering a equity-for-debt deal to clear its GBP 2.5 billion debt burden appeared to be closer to confirmation this week as the Sunday Times reported that negotiations were nearing finality.
Online sportsbook Bet365 has scored something of a high-tech coup, securing the rights to broadcast the Ukraine vs. England World Cup football qualifier on 10 October over the Internet, the first time that a match involving England will be so published and to the exclusion of television.
The UK-based online gambling software developer, Wagerworks has signed up Alderney-licensed online casino and sportsbook operator Entergaming for new games via the Orbis Fixed Odds Gaming Framework.