Legislators in Illinois may want to study the problems that the recently introduced Unlawful Internet Gambling Enforcement Act regulations have caused New Hampshire before they embark on a project to sell lottery tickets over the Internet. The difficulties of organising financial transactions blocked by the controversial and ill-defined UIGEA requirements should not be underestimated.
The Swedish online gambling software provider Net Entertainment has matched the outstanding performance of its sister company Betsson with a gilt-edged Q4 2008 set of results that showcase a 71 percent increase in revenues to $7.45 million, and a doubling of operational profit to $3.69 million over the corresponding quarter in 2007.
IN-RUN BETTING SOFTWARE COMPANY BOOSTED Shantech could become ISWI’s controlling shareholder The management at US gambling software company Interactive Systems Worldwide Incorporated (ISWI) was in high spirits this week as it announced the signing of a letter of intent with Shantech Incorporated that is a preliminary move toward a significant non-exclusive marketing and business development …
Nebraska high roller Terrance Watanabe (52) will experience tension and anxiety of a different kind this week when he appears in court on four criminal counts arising from his failure to honour 38 casino markers worth $14.75 million written between October 22 and December 11 in 2007. The markers were issued for amounts ranging from …
The Dublin-based online gambling software developer Cryptologic has signed an exclusive multi-year licensing agreement with Warner Bros. Digital Distribution and DC Comics to bring Superman, Batman and other members of the World’s Greatest Super Heroes to Internet casinos starting in the fourth quarter of 2009.
The European Gaming and Betting Association, which counts most of Europe’s top online betting companies among its members, is to follow its successful “Responsible Gaming Day” presented last year to the European Parliament, with a second initiative on the subject.
Stanleybet’s Athens staff can be forgiven for finding the antics of local law enforcement bemusing – first the authorities, acting on a complaint by the state supported OPAP monopoly, closed down the shop and detained employees.
Major land and online UK sports betting companies are combining to launch a charity for grassroots sport that could help fund a new generation of Olympic stars, reports Business Times Online this week.
The United States Court of Appeals has stymied an attempt by the US Department of Justice attempt to seize seven million dollars-worth of assets from the international bank accounts of online gambling enterprise WorldWide Telesports and its fugitive major shareholder Bill Scott.
The online gambling software developer Wagerworks has signed a games supply agreement with Game Technology Solutions that will make its products available to operators through the GTS platform.
What is being described as China’s largest online gambling case yet came to a conclusion in a Shanghai court over the weekend, when twenty defendants involved in a $1-billion online football gambling case were fined and sentenced to prison terms ranging from one to six years. All 20 accuseds pleaded guilty in January 2009, when …
The energetic Australian arm of Betfair.com has inked a six-figure marketing sponsorship deal with the NRL club Wests Tigers which will see Tigers fans exposed to Betfair at each of the club’s three home grounds – the SFS, Campbelltown and Leichhardt.
The Isle of Man online gambling jurisdiction reports that according to an independent survey of leading egaming companies on the island, its e-gaming sector grew by 30 percent in 2008, and has forecast growth to accelerate to 40 prcent in 2009.
EU parliamentarians are still hotly debating the issue of online gambling against a background of possible prosecutions against state monopolies and the need to shield sports from corruption and unfairness, according to reports from Europe referenced 20090209IPR48787 this month.
The state of Utah, well known for its unequivocally negative approach to online gambling, is to consider even wider reaching laws to close legislative loopholes that permit Internet entrepreneurs to offer virtual gambling.
Alex Czajkowski, a well known and respected figure in online casino marketing circles from his days at Sportsbook.com, has moved up from selling Internet gambling services to owning them with a new 3D Internet betting venture branded Buzzluck.com.
The Swedish betting group Betsson has delivered its strongest quarterly report yet despite the difficult trading conditions in the markets it serves.
A European subsidiary of the First Cagayan licensed online bookmaker SBObet, Celton Manx, has been awarded the first Isle of Man licence to operate a live dealer casino from the island, which is in the Irish Sea close to the UK.
The Asian Internet gambling software provider Enterasia has obtained a Technical Systems Testing certification for its Live Dealer Interactive Gaming System platform as a step in its move to expand use of the software in the West.
With a largely adult population of some 130 million souls, a well developed Internet infrastructure and relatively high per capita incomes, Japan has been eyed by more than a few online gambling groups as a market with considerable potential, and a report this week on the OG Paper website will therefore have been read with …
Last week the Kentucky House of Representatives Speaker Greg Stumbo said that a measure to expand land gambling in the state had been put “on the back burner” to address more important budget and financial issues, and that it may not be voted on at all during the current legislative session, which ends on March …
Last week the Kentucky House of Representatives Speaker Greg Stumbo said that a measure to expand land gambling in the state had been put “on the back burner” to address more important budget and financial issues, and that it may not be voted on at all during the current legislative session, which ends on March …
Kentucky governor Steve Beshear’s contingency-contracted lawyers appear to have some voluminous arguments in the latest twist to the online gambling domains saga . According to the Interactive Media Entertainment and Gaming Association (iMEGA) website, the Kentucky legal representatives have asked for leave to exceed the 50 page limit on their appeal presentation.
The latest in virtual cities, ICyou.se’s Interactive City, has signed an agreement with the Hong Kong based Bele gambling group which will foster cooperation and promotion for both in the Chinese market.