Small wonder there are US states alarmed by the popularity of Internet gambling; the results of a survey released last week by Frost & Sullivan indicate that lottery sales have the potential to increase by 127 percent, plugging holes in state budgets….but that online gambling could be drawing away up to $7 billion due to …
Industry observers are speculating that the beginning of a new era in U.S. online gambling may be in sight following the appointment of ex-Party Gaming group CEO Mitch Garber as head of the Internet operations and World Series of Poker division at the giant land casino company Harrah’s Entertainment this week.
Clubs Australia has recommended in its submission to the Productivity Commission that more attention should be focused on the “ills of Internet gambling” now that problem gambling on the pokies has decreased, reports the Canberra Times.
One of the more way-out there articles spotted on the Internet this week came from Softpedia, which reported on the somewhat reaching theories of an Illinois academic in a three part publication entitled ‘The United States International Gambling Report Series’.
Following the recent consultative process in Sweden on the Nyren Report’s suggestions on the way forward for gambling in that country, another Nordic nation has started a consultative process.
Times may be tough, but the Italian betting market continues to deliver growing revenues, according to the latest numbers from the Italian regulator AAMS which announced this week that the latest quarterly statistics show that overall wagers rose 9.2 percent to Euros 13.2 billion.
The satisfying prospect of a gang of lotto fraudsters meeting their comeuppance features in a story in The Register this week, which reported that Somerset police have busted a bogus lottery winner scam following a raid on a cheque processing and clearing house.
Atlantic City casinos revenues dropped by a record margin for the second straight month in March, officials told the Reuters news agency Thursday, as the recession and competition from other states cut gamblers’ spending.
According to a Turkish Press report the bidding for the Turkish lottery privatisation contract is now less competitive following the withdrawal of local group Dogan Holding and its Italian partner Lottomatica.
Online gambling group PartyGaming’s CEO, Jim Ryan has an added incentive to keep the company forward – this week he was awarded company shares worth more than GBP 280 000, six months after he was issued company shares worth almost GBP 1.5 million under PartyGaming’s Share Option incentive plan (ESOP).
Betfair has signed a sponsorship deal with the England & Wales Cricket Board (ECB) to become the governing body’s official betting partner, reports Marketing Week.
Las Vegas land casinos reported a 23.4 percent decline in gaming revenues to $427.4 million in February 2009, well down from the $556 million recorded in the corresponding period a year ago.
The British online and land gambling group William Hill plc has reported complete success in its rights issue offer to raise GBP 350 million.
A former mayor did the crime and is now about to serve the time in a UK case involving theft of almost GBP 40 000 which concluded this week.
The Australian Football League (AFL) has started lobbying government for an exemption or revision of current legislation that prohibits Australian betting operators from offering internet markets once a game has started.
The Australian Football League (AFL) has started lobbying government for an exemption or revision of current legislation that prohibits Australian betting operators from offering internet markets once a game has started.
Players Network is yet another US company taking advantage of exemptions in federal law that allow betting over the Internet on hrose races.
The Freeport in the Bahamas was the scene of some anti-gambling raids and arrests last week as local police moved on companies that they alleged were in breach of the Lottery and Gaming Act and in possession of slot machines, thus operating gambling activities under the guise of legitimate freeport businesses.
The UK Advertising Standards Authority this week lists iGlobal Media Marketing (a forerunner and subsidiary of the PartyGaming group) among its banned adverts following a review on a single complaint that the content was misleading and could not be substantiated.
The Canadian Internet gambling software developer Parlay Entertainment has teamed up with independent slot games innovator NextGen Gaming (Pty) Limited to widen the range of Flash games in its offering.
Bettorlogic, the form analysts firm backed by respected industry veterans Andrew Black and Nigel Payne, has announced the launch of two major new additions to its expanding product range.
Online gambling software and games developer Cryptologic Limited has released its latest game offerings, which include an interactive slot version of the famed video game shoot-em-up Call of Duty.
The latest game pack coming online this week at Microgaming-powered casinos includes four new slots games headed by an innovative game that combines popular features such as wilds, scatters, multipliers and free spins with a series of six different bonus games-within-the-game, each presenting the player with different rewards.
What appears to be an over-enthusiastic Bingo department staffer at online casino group Plex Gaming caused his employers embarrassment this week by rather clumsily attempting to hitch a free ride on the good reputation of the online gambling information portal Casinomeister.com.