It’s an all-too-common occurrence in online gambling – players hitting the message boards to complain about no or slow payments by online casinos, and the frustration and anger that this inevitably triggers.
Tough economic conditions, restructuring and industry consolidation moves that impacted licensees meant that online bingo software provider Parlay Entertainment “generated very little return from this significant investment in 2009, resulting in a substantial loss and cash burn.”
Further details are emerging on the recent shock news that Gaming VC has commenced litigation in Malta seeking damages from Boss Media and parent GTechG2, and it appears that a question of Italian licensing is a key element in the dispute between the companies.
Gibraltar-based online gambling operator Party Gaming is still apparently intent on entering the US market, should it become accessible legally, with its multi-million dollar settlement with the US Justice Department last July forming a springboard from which it may be able to develop partnerships with US companies.
NetPlayTV plc, the UK interactive gambling company, has signed a significant airtime deal for the new ITV1 night time teleshopping trial window, ‘The Zone’.
With the football World Cup in South Africa only weeks away, the Vienna-listed online gambling group Bwin has launched World Cup Solitaire, a skill game in which players pair cards to reach the sum thirteen and follow colour or suit to boost the score.
An article on internet gambling prepared by the Medill News Service (a Washington program of the Medill School of Journalism at Northwestern University) was widely published by US mainstream media this week.
Judging by posts on the affiliate community website Casino Affiliate Programs and a rapidly widening selection of affiliate websites, another affiliate scandal is brewing.
You could say that the online gambling site Jackpot Joy was very appropriately named for one lucky player this week – it dished out a GBP 543 627 jackpot on the five-reel and 20-payline slot Deal or No Deal.
The Canadian province of Manitoba is mulling the pros and cons of regulating online gambling, reports the publication Canoe, which quotes no less an authority than Manitoba Lotteries Minister Steve Ashton.
The once seemingly almost moribund UK online and land gambling group Rank plc has staged a remarkable comeback this year, seeing its stock soar 40 percent year to date, outperforming the FTSE All Share Index by 30 percent.
The Malta-based online live dealer casino provider Medialivecasino.com, fresh from its studio revamp, is targeting Eastern Erupean nations in its bid to expand its client base.
Amid reports that betting on local cricket through a major Indian media house website is taking place, the newspaper The Times of India this week ran an informal poll on the legalisation of gambling.
The failed 28-year-old Australian e-processing operator Daniel Tzvetkoff, recently arrested at a Las Vegas conference on several serious charges under a sealed New York indictment, has been released on bail.
A new study by the Research and Markets company titled “Focus on China and Macau” has been released, covering the Asian gambling and betting industry and including e-gaming, gaming, casino, lottery, video lottery terminals and the welfare and sports betting sectors.
Malta-based online gaming operator Unibet Group has released its unaudited financial results for 2009 showing an impressive 67 percent year-on-year increase in profits after tax to GBP 26.8 million.
Earnings of PhilWeb Corp. more than doubled in the first quarter of 2010 on the back of strong revenues from its gaming operations, the Philippines company reported this week.
Online gambling software provider CTXM has launched two new online slots branded World-Cup Soccer Spins and Battleground Spins.
The new UK Internet Service Provider Tibboh is creating a stir with its initiative aimed at introducing a system to categorise around three billion web addresses, including poker rooms, online casinos and social networking sites with a view to imposing age limits similar to those used by the British Board of Film Classification.
Adam Probolsky, the owner and chief executive of the respected Probolsky Opinion Research company, has written in support of the legalisation of online gambling in the Orange County Register.
According to The Prague Post, international online gambling operators with an eye on the Czech market could soon find themselves facing local advertising obstacles.
Online gambling group Bet365.com received a major boost this week with the news that it has been included at number 3 in a list of 100 UK firms with the fastest growing profits.
It was mixed signals from the online betting group Leisure and Gaming plc this week as the company reported a fall in first quarter gross profits but an impressive 67 percent year-on-year growth in full-year 2009 operating profit.
The attractions of a newly liberated French online gambling market, estimated to be worth Euros 1.4 billion on sportsbetting alone by 2011, have triggered keen interest among operators in obtaining French licensing. Initial reports indicate that up 100 licenses may be granted.