Gambling news - page 1197

Is Russia rethinking draconian gambling strategy?

31 Aug 2010

Russia’s draconian exile of gambling operations to four remote areas of the vast country is apparently not generating commercial enthusiasm from either operators or players, according to a report in the publication RT.

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Powerful year for Centrebet

31 Aug 2010

CentreBet International investors will be more than pleased with the Australian online gambling company’s latest full year results, which feature a remarkable 75 percent rise in after tax profits to $13.09 million.

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World Cup distraction pauses 888 dividend

31 Aug 2010

888 Holdings, which earlier this month warned that its results may be disappointing has had to scrap its interim dividend after the distractions of the football World Cup in June-July this year, together with a traditionally slow seasonal decline and the general economic malaise, impacted profits.

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$4.1 million progressive jackpot hit

30 Aug 2010

The Casino Rewards online casino group reports that during the last 48 hours one of its players hit the Mega Moolah Summertime progressive slot for $4 170 128 at its Blackjack Ballroom.com operation.

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Bookie arrested in cricket betting scandal

30 Aug 2010

News of a cricket betting scandal involving the touring Pakistani team broke over the weekend and has topped most British, Australian and Pakistani headlines. British police detained bookie Mazhar Majeed, interviewed four players including captain Salman Butt, and confiscated cell phones for further examination.

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Accumulator wealth for Skybet online sports gambler

29 Aug 2010

This weekend a Skybet online sports gambler in Hampshire, England will be breaking out the champagne and celebrating two remarkable five-fold accumulator bet wins within 24 hours of each other.

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Gambling shows highest internet visit gains

29 Aug 2010

The statistical measurement firm com.Score’s July 2010 report on internet activity again illustrates the universal popularity and interest in online gambling, with gambling related websites among the highest gainers compared with the month of June 2010.

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Canadian gambling revenues essentially unchanged

29 Aug 2010

Net revenue from provincial government-run lotteries, video lottery terminals, casinos and slot machines not in casinos totalled Cdn$13.75-billion in 2009, essentially unchanged from the year before, Statistics Canada reported this week.

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Alberta gambling revenues rival energy consumption

29 Aug 2010

Residents in the Alberta province of Canada like to gamble, and to a lesser extent enjoy throwing back the odd alcoholic beverage, it appears from recent survey results published by the National Post newspaper this week.

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Is South African online gambling illegal?

28 Aug 2010

The Gauteng Gambling Board’s claim that online gambling is illegal in South Africa following a judgment in the North Gauteng High Court last week continues to generate discussion and argument in the country.

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Another Canadian province considers online gambling regulation

28 Aug 2010

The finance minister for the Prince Edward Island region in Canada says the government is considering joining the Atlantic Lottery Corporation’s initiative to bring online gambling to its residents.

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Greeks move forward with plan to regulate online gambling

27 Aug 2010

Predictions earlier this year by OPAP chief exec Ioannis Spanoudakis that the Greek government would regulate online gambling appear to have been right on the money, according to a MarketWatch report this week.

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Betfair tax break passed

27 Aug 2010

Despite opposition from the Green Party, a Tasmanian government proposal to give online betting giant Betfair a A$6 million tax break has been passed in the Lower House, thanks to support from the official Opposition Liberal Party.

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Online gambling tax bill still stuck in committee

27 Aug 2010

A Congressional bill that could raise billions of dollars in state and federal revenues through the taxation of a legalised online gambling environment in the United States remains stuck in committee, but author Representative Jim McDermott is pushing hard to get it marked up in time to get it to the House floor in this …

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Ladbrokes to use Sportech pool products

26 Aug 2010

Sportech CEO Ian Penrose has announced an agreement with the UK online and land betting group Ladbrokes, which will distribute its pool products through the internet to the Ladbrokes’ database.  Penrose noted that the deal could be the forerunner of others as Sportech seeks to increase player liquidity, hoping to close at least another two …

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Online gambler indicted for insurance fraud

26 Aug 2010

A former insurance agent in New Jersey has been indicted for allegedly defrauding nine clients out of more than $1.9 million to feed his online gambling habit, reports the IFA Web News

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Doo-Wop-Daddy-O – New slot from Rival

26 Aug 2010

Rival Gaming’s latest online slot is appearing on licensee sites this week, titled Doo-Wop-Daddy-O.

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Digital rights group monitoring ISP bans

26 Aug 2010

The growing use of pressure on Internet Service Providers to block online gambling sites in Europe has been noted by the European Digital Rights group in an article at: http://www.edri.org/edrigram/number8.16/gambling-websites-blocked-isp-europe.

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Where does Harry Reid stand on US internet gambling?

26 Aug 2010

The Reno Gazette created a ripple of headlines across the media this week with an article on the internet gambling position of influential Nevada politician and US Senate Majority Leader Harry Reid.

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Paddy Power warns on tax impact

26 Aug 2010

The online and land gambling group Paddy Power, which released a strong set of results this week, has warned the Irish government that new tax proposals could trigger a reconsideration of its future plans, which include the creation of 750 new jobs over the next three years.

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William Hill first half profit up 9.9 percent

26 Aug 2010

The British online and land gambling group William Hill plc reported this week that its first-half net profit rose 9.9 percent to GBP 64.5 million as net revenue grew 2.8 percent to GBP 529.9 million.

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Strong H1 2010 performance from Playtech

26 Aug 2010

Online gambling software provider Playtech plc has announced strong first half 2010 results for the six months ended 30 June 2010.

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Betfair launches new Playtech flash software

26 Aug 2010

The Betfair online casino software deal with Playtech will come to fruition at the end of August with the launch of the latter’s new Flash-based product, the two companies announced this week.

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Inspired Gaming gets the Italian regulatory nod

25 Aug 2010

Server Based Gaming specialist Inspired Gaming has announced that it has met all Italian market VLT requirements set by regulator L’Amministrazione autonoma dei monopoli di Stato (AAMS). The firm claims that it is only the third company to achieve this standard, which enables it to deploy its Open VLT platform in the new Italian market

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