Chinese police in the city of Hangzhou, Zhejiang province this week arrested 11 people on charges of running an illegal gambling network, involving bets worth over 500 million yuan ($73 million).
The chairman of the House Financial Services Committee, Barney Frank, plans to introduce his next bid to overturn the Unlawful Internet Gambling Enforcement Act this (April) month
In a surprise move that probably has more to do with his long detention without trial than an acceptance of wrongdoing, the former CEO of the now liquidated BetonSports.com, David Carruthers (51), entered a guilt plea on racketeering in St. Louis, Missouri on Wednesday.
Online gambling company Meridien Vista Gaming Corporation (MVGC), registered by the Cagayan Economic Zone Authority (CEZA) has been ordered to halt its operations by CEZA Administrator and chief executive officer Jose Mari Ponce.
Undeterred that the bureaucratic process may take years rather than months, UK gambling group Sportech plc has launched a claim against HM Revenue and Customs to recover “…in excess of GBP 40 million” in overpaid VAT for its Spot the Ball game offered between 1979 and 1996.
Everest Gaming parent company and Nasdaq-listed Gigamedia Limited has posted full-year 2008 revenue of a record $190.4 million, up 25 percent, net income of a record $44.4 million, up 14 percent, and earnings per share of $0.82 basic and $0.74 fully diluted.
The international football body FIFA has approved the initiation of an investigation into a game between Switzerland and Moldova in a World Cup qualifying group following suspicions that the game may have been fixed, reports the Russian sports newspaper Sovietsky Sport.
The New South Wales Government in Australia has come up with a new strategy to tackle problem gambling, combining all 43 government-funded counselling services under one banner, reports the Australian Broadcasting Corporation.
Gibraltar-based 888 Holdings has announced that its successful business-2-business division is to assume its own identity under the brandname “Dragonfish” with Gabi Campos holding managing director responsibilities.
TVG, America’s horseracing network and a recent acquisition of the international Betfair gambling group, has signed a deal with Keeneland making it the exclusive television provider for the historic and prestigious Lexington, Kentucky track.
Fabian Engel (30), a qualified economist, becomes head of marketing at Tipp24games Entertainment GmbH today (April 1st 2009) and is hopefully not suspicious!
Online gambling conference goers are in for a treat come September this year; Clarion Gaming has switched the venue for the must-attend European i-Gaming conference and expo from Barcelona to one of the most beautiful cities in Denmark – Copenhagen.
In a move that expands her business relationship with Gala Bingo, television celebrity and wife to former Black Sabbath rocker Ozzy, Sharon Osbourne has launched her own SharonsBingo.com website.
European Internet gaming and sportsbetting company Gaming VC Holdings SA, has signed a three-and-a-half contract with software provider, Boss Media AB, for the provision of instant-play games, enhancing its current software from Boss.
Inspired Gaming Group, a provider in the Open Server-Based Gaming market, has signed a deal with William Hill plc to supply its Virtual Racing Platinum product across the entire estate, reports Reuters news service.
The UK online sportsbetting group Sportingbet.com has inked a deal making it a sponsor of the Wolves football club in England in a sponsorship agreement reputed to be worth seven figures but not yet fully disclosed.
The European Gaming and Betting Association (EGBA) has not minced its words in contributing comments to the public consultation on a report initiated by the Swedish Ministry of Finance into the gambling market in Sweden (the Nyren report), which expired today.
Online gambler 123jaki was in tune with Lady Fortune this week, hitting the Slot-O-Matic game at Slotland’s WinaDay.com 3D Internet casino for $159 660
Revenues up by 9 percent to Euro 5.5 billion and net profits up 19.6 percent to reach Euro 728.5 million were highlights of the 2008 financial report released by the Greek gambling monopoly OPAP this week.
The disastrous consequences of Germany’s exclusive gambling policies under the German Interstate Gambling Treaty were showcased this week in a press release from the major German Internet lotto provider Tipp24 AG.
Clarion Gaming, which organises industry expo epics like ICE(i), has announced the promotion of Emma Green to the division’s post of Show Director.
The Racing Post, Britain’s largest racing newspaper is about to enter the online casino and poker sector of the industry with an offering developed in collaboration with 888.com.
Internet gambling software developer and provider Playtech plc has released its latest bingo software version, which includes a range of fresh features and enhancements.
March has proved to be a successful month for two progressive jackpot players at the Fortune Lounge group’s Royal Vegas.eu online casino, with wins of $345 664.53 and Euro 851 348.19 recorded on the Progressive Cyberstud Poker and Major Millions virtual machines.