Gambling news - page 1248

Stanleybet´s heart of gold

22 Dec 2009

The earthquake-devastated town of Arsita in the Abruzzo region of Italy will soon have a rebuilt primary school thanks to the generosity of a UK online gambling company.

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888.com in GBP 60 mill Wink Bingo acquisition

22 Dec 2009

Online bingo business Wink Bingo.com, which operates on 888.com’s Dragonfish network, has been sold by owners Daub Limited to 888.com for GBP 59.7 million.

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Kentucky playing cards close to chest in latest legal move

22 Dec 2009

Recent moves by the state of Kentucky to claim jurisdiction in its domain case appeal because unidentified domain owners were Americans is under the media spotlight once again.

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Betsson closes Stockholm betting shop

22 Dec 2009

The spunky defiance of Swedish online gambling group Betsson in opening a land betting shop in Stockholm in the face of gaming authority threats has ended, eighteen months after it began.

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Ladbrokes successful in Italian poker licence application

21 Dec 2009

The online division of UK gambling group Ladbrokes reports that it has secured a licence from the Italian regulator AAMS to operate a dedicated poker tournament service in Italy. 

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Losing Q3 for Gigamedia

21 Dec 2009

Gigamedia, parent to major online companies like Everest Gaming, has announced its Q3 2009 results, reporting on the second and third quarters, with Q2 revenues at $37.7 million and EBITDA of $2.3 million, but less encouraging third-quarter revenues of $37.2 million and negative EBITDA of $10 000.

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Net Entertainment upgrades stock market listing

21 Dec 2009

Effective January 4, 2010 the Swedish online gambling software provider Net Entertainment will be upgraded from the Nasdaq OMX Stockholm small cap list to the mid cap list.

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Manila verdict may discourage foreign high rollers

20 Dec 2009

A decision in the Philippine Supreme Court this week will do little to reassure foreign high rollers taking advantage of ‘whale’ junkets to the Asian region.

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New bid for control of Gala Coral group

20 Dec 2009

The battle for control of the UK online and land gambling group Gala Coral took an unexpected twist this week when the US-based private equity firm Apollo made its unexpected move, offering GBP 250 million to secure 50 percent of the gambling company’s shares.

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Paradise bet license suspended

19 Dec 2009

The UK Gambling Commission has announced the suspension of its licence to Paradise Bet Limited, a Hounslow bookie firm that also operates websites such as ParadiseBet.com and Bet 1128.

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Useful stats from the UK gambling commission soon

19 Dec 2009

The UK Gambling Commission plans to get he new year off to a flying start with some fresh numbers, promising to publish data from three omnibus surveys early in 2010 in addition to its quarterly data on remote gambling participation.

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NBA re-think?

19 Dec 2009

The US national sports leagues have long opposed Internet gambling, but a recent Sports Illustrated interview with NBA Commissioner David Stern gave the perception that attitudes may be softening.

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Internet eats into Korean betting exclusivity

19 Dec 2009

The market for illegal private gambling on horse races in Korea could be as high as 30 trillion won ($25.5 billion), four times ‘legal’ sales at the state-owned monopoly, according to Korea Racing Authority numbers released this week.

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North Carolina online gamblers in trouble

19 Dec 2009

The Statesville Record & Landmark nespaper in North Carolina reports that the former branch manager at the Piedmont Bank in the city has been dismissed and stands accused of stealing money from her parents and customers to pay online gambling obligations.

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Sportingbet sees Q1 growth trend continuing

18 Dec 2009

The solid results in Sportingbet’s Q1 have continued, and trading across the business is in line with management expectations, investors were informed this week by chairman Peter Dicks, who told the agm that the company remains confident of achieving a satisfactory outcome for the current financial year.

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Party Gaming predicts good year

18 Dec 2009

The Gibraltar-based online gambling group Party Gaming plc issued a bullish trading update as the week closed, announcing that trading since the end of September 2009 has been solid.  While revenue is expected to be in line with the Board’s expectations, Clean EBITDA for the year to 31 December 2009 is expected to be slightly …

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New Marketing Manager for Bodog Europe

18 Dec 2009

Unibet’s experienced head of online marketing, Magnus Oldby, is to leave the group for pastures greener – specifically Bodog Europe – commencing duties as marketing manager in March 2010.

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Dutch setback

17 Dec 2009

The Dutch government’s efforts to maintain the state monopoly on online gambling were given a boost Thursday when the advocate general of the European Court of Justice opined that EU member states can grant a single operator the right to run betting and gaming as a monopoly.

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Gaming VC holding its own

17 Dec 2009

Despite the tough business environment, the European-facing online gambling group Gaming VC Holdings SA appears to be holding its own in a trading update issued midway through the final month of its trading year.

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eCOGRA Grand Prive investigation latest update

17 Dec 2009

Emails to affiliates on its defunct Grand Prive Affiliate Program were sent out by the Grand Prive group this week in addition to an earlier press release from the group alerting former affiliates to claiming possibilities.

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Mangas Gaming to acquire control of GigaMedia

16 Dec 2009

A controlling interest in Nasdaq-listed Asian group Gigamedia’s online gambling software interests, on the market for some months, has been achieved by the French Internet gambling group Mangas Gaming.

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New kid on the white label block

16 Dec 2009

IGE 2010 will see the launch of a new kid on the Internet gambling white label block in the form of Plus-Five Gaming, a new UK based  company that partners with AliQuantum Gaming.

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Online casino opening UK operation

16 Dec 2009

Mr Green.com, the award winning Swedish online casino founded by two of the Betsson pioneers, is expanding into the United Kingdom market, and has hired former Microsoft manager Kat McClure to head up the initiative.

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Court rules on slots teamwork

16 Dec 2009

French gamblers have been following a novel case in the south western city of Montpellier, which culminated in a legal ruling this week following litigation between a man and a woman over a slot machine jackpot.

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