Gambling news - page 1322

New market opportunities in the Balkans

5 Feb 2009

Market research specialists MECN are optimistic on the available markets for online gambling operators in the Balkans, according to the companies latest survey publicity.

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Betfair commissions global study on the internet betting experience

5 Feb 2009

The online gambling group Betfair has commissioned another interesting and independent study of factors influencing Internet gambling, hiring cxpartners to look at how online betting experiences differ across different cultures.

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Online gambling warning issued by SC Magazine

5 Feb 2009

According to SC Magazine, scammers using scripts are simulating the actions of legitimate gamblers and gathering information that can be used to increase the odds of winning bets. 

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Thai police arrest online gambling mogul

5 Feb 2009

The Bangkok Post reports that a police squad of 70 men were deployed this week to arrest an Indian businessman accused of involvement in an international online gambling organisation with a turnover of billions of baht.

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Russian success for Netent´s CasinoCafe

4 Feb 2009

Stockholm-listed Net Entertainment has signed two contracts for the delivery of its CasinoCafé product with Delta Invest Ltd in Russia and PCP Electronics Ltd in Cyprus.

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IRS officials visit Vegas Casinos

4 Feb 2009

A $65 million fraud allegedly committed against the giant San Jose company Fry’s Electronics by senior exec Ausaf Umar Siddiqui (43) last year apparently triggered a visit to Las Vegas casinos by Internal Revenue Service investigators this week.

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Well timed win

4 Feb 2009

A German lottery player was left stunned by a bad luck-good luck sequence this week that saw him lose his job due to the economic recession, only to win $35 million on the Toto-Lotto Lower Saxony lottery.

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Vegas junket not a good idea for Wells Fargo

4 Feb 2009

Giant US financial company Wells Fargo has backed away from a highly controversial proposed corporate junket to Las Vegas following a public outcry that a company in receipt of $25 billion in taxpayer bailout funds should be more sensitive to public perceptions.

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26-year-old employee blew a million on internet gambling

4 Feb 2009

A 26-year-old UK finance and credit controller for a communications firm managed to misappropriate around GBP 300 000 a year for over three years to feed an online gambling habit that saw him lose almost a million pounds to Internet gambling sites, reports the Daily Mail

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2008 Sportech results on track

4 Feb 2009

The London-based owner of New Football Pools, Sportech, has issued a trading update that indicates the company is on track to meet market expectations for the full year 2008 after positive trading throughout the last half.

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Ukash Card extension proving sucessful

4 Feb 2009

Latest figures from the innovative online payments system Ukash reveal that its pre-paid UkashOut card solution has recorded triple-digit transaction growth since August 2009 – an impressive feat over a six month timespan.

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More draconian rules from Washington State

3 Feb 2009

Washington state, which arguably has the most aggressive anti-online gambling laws of any US state, with provisions to punish online gamblers with the same severity as child molesters, is now working on additional penalties for underage gamblers, according to an Associated Press report.

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Anti-online gambling AG accepted by US Senate

3 Feb 2009

President Obama’s nominee for the important national law enforcement post of Attorney General, Eric Holder has been accepted by the Senate Judiciary Committee by 75 votes to 21, making his appointment as the first African-American AG a virtual certainty. His nomination apparently achieved strong bi-partisan support Monday.

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Philippines income rising

3 Feb 2009

Internet gambling is proving to be a profitable business activity for the publicly-listed Philippines online gambling operator PhilWeb Corporation, which last week announced consolidated net income up by an impressive 29 percent through 2008.

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Betfair challenges Aussie operators on responsible gambling

3 Feb 2009

Betfair Australia’s feisty CEO, Andrew Twaits responded to recent criticism of online gambling sign up bonuses with a challenge of his own this week – the government should make it compulsory to do more in the responsible gambling milieu by requiring operators to offer gamblers a facility to pre-set their spending limits.

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Italy and Cyprus good for L&G

3 Feb 2009

The UK Gambling group Leisure and Gaming’s growing number of partners in the burgeoning Italian and Cypriot markets, especially the launch of real money online poker in Italy during the fourth quarter of 2008 has delivered better results than expected, the group revealed in a trading update this week.

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Italy and Cyprus good for L&G

3 Feb 2009

The UK Gambling group Leisure and Gaming’s growing number of partners in the burgeoning Italian and Cypriot markets, especially the launch of real money online poker in Italy during the fourth quarter of 2008 has delivered better results than expected, the group revealed in a trading update this week.

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Brit national lottery boosts online gambling activity

3 Feb 2009

The UK Gambling Commission, which initiates regular independent surveys of the British gambling market to keep its finger on the pulse, reports that the latest information to hand suggests that remote (online) gambling is up 1 percent on last year’s numbers.

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And new games from Microgaming too

3 Feb 2009

Fresh from showcasing its extensive online gambling technology and games inventory at the ICE(i) expo last week, the Isle of Man-based provider Microgaming has launched three new slots as part of its February game releases.

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Wagerworks launches Megajackpots Cleopatra

3 Feb 2009

Online gambling software developer Wagerworks wasted no time this week in following through on its ICE(i) games showcase with the launch of Megajackpots Cleopatra, a combination of a popular slot and the big win progressive jackpot concept.

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Online gambling videos soar 36 percent

3 Feb 2009

The latest research report from media anaylsts comScore Inc show that online video viewing is a booming pastime, with interest soaring 34 percent in 2008, largely driven by a massive jump in the popularity of long-form online videos on sites such as Hulu, a NBC Universal and Fox Broadcasting Co. joint venture.

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IAS under attack from Centrebet

3 Feb 2009

The Australian online gambling scene lit up last week as news emerged of a A$18.6 million hostile takeover attempt by Centrebet on International All Sports group. If successful the attempt would make Centrebet one of the largest corporate bookmakers in Australia.

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Aussie policians like Dr. Ho

3 Feb 2009

Achieving wide Australian mainstream media coverage this week was a report that Chinese gambling mogul Dr. Stanley Ho is prominent among several Chinese businessmen who have made generous donations to Australian political parties.

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Aussie activists wake up to online gambling bonuses

3 Feb 2009

Online gambling observers were surprised this week to note that Australian anti-online gambling activists have apparently just realised that online casinos and poker rooms offer free dollars in the form of incentive signup bonuses.

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