Professor Jim Cosgrave, a sociology lecturer at the Oshawa, Canada-based Trent University has published a book exploring the social impacts of gambling entitled ‘Casino State: Legalized Gambling in Canada’. In the book, the academic questions the propriety of governments augmenting budgets with taxes on profits derived from gambling.
Despite the political will to regulate and tax online gambling in Spain, the initiative has slowed considerably, reports Swiss-Presse.
The UK regional newspaper This is Croydon Today carried an amusing story of crooked ineptitude in an attempted theft of betting company monies this week.
Pikum, an online social gambling startup which had GBP 3.98 million ($5.92 million) in investment from Virgin USA and First Round Capital has closed its virtual doors, apparently as a result of financial woes.
The Lisbon Village Council in Ohio has apparently decided that whilst the regulation and licensing of online gambling is not favoured, taxing it’s lucky residents who win at the pastime is OK.
Two prominent UK-Irish bookies took different routes in the prevailing economic climes this week, with Paddy Power expanding, and William Hill closing retail betting operations.
Online gambling group will help create the world’s first public data bank for research on problem gambling
The Dublin-based online gambling software provider Cryptologic has disclosed that it plans to slash operating costs by $13 million as it reorganizes its business for a return to profitability.
Wales-based Astra Games Limited, a subsidiary of the Austrian Novomatic group, has inked a deal with Orbis Openbet through which it will make its online games available through the Novomatic remote gaming system.
The highest administrative court in Greece has recommended that legal issues surrounding the monopolistic nature of the state-licensed gambling company OPAP should be referred to the European Court of Justice for resolution. The move suggests that the court aknowledges the possible non-compliance of Greek gambling laws with supervening European Union law, reports eGaming Review this …
Stan James (Gibraltar) Limited has issued a statement clarfiying the position regarding a report in a Gibraltar newspaper that a consolidation of customer relations and support services is underway.
Las Vegas gambling magnate Sheldon Adelson made the headlines recently with the massive fall in his company’s share price and its attendant impact on his personal fortune, reducing his net worth by billions.
Gibraltar-based online gambling group Stan James (Gibraltar) Limited is to consolidate its support and customer service operations, closing down its Abingdon, UK facility in favour of a beefed up centre in Gibraltar, reports the Gibraltar newspaper, Panorama.
There are indications that tens of millions of pounds in British lottery ‘charity’ payouts are being decided upon in a way that gives more to Labour supporting regions than those with other political allegiances, claims an expose in the Sunday Telegraph this week. The expose was informed by statistics acquired under the Freedom of Information …
The state of Kentucky, instigator of last year’s shocking and unsuccessful attempt to leverage funds from the owners of confiscated global domain names is suffering from a $456 million budget shortfall, according to Associated Press reports this week.
Residents in the affluent and peaceful leafy American suburb of Huntcliff were alarmed recently to see numbers of heavily armed and camouflaged police, some disguised as bushes, surrounding the expensive home of one of their neighbours.
The giant Vienna-listed online gambling group Bwin has turned in a creditable full year and even final quarter performance despite the challenging economic times, recording record gross gaming revenues of Euro 420.9 million, a 19 percent increase over 2007’s Euro 353.1 million.
When the French gambling monopolies initiated warrants of arrest against online gambling executives Petter Nylander of Unibet and Didier Dewyn of Mr. Bookmaker back in 2007 they triggered serious consequences that could come back to bite them….hard.
Online gambling group Party Gaming plc has inked a three-year global alliance with CIRSA Gaming Corporation S.A., an international gaming and leisure company, to cooperate in exploring and developing Internet gaming opportunities in Spanish speaking countries.
The London-listed online gambling group Party Gaming has released a trading update that reveals a quiet quarter, but some interesting products and developments in store.
Affiliate Media, Inc., the parent company of Casino Affiliate Programs.com (CAP), has announced the appointment of marketing professional Bob Rains as the company’s new Vice President of Marketing.
Online casino operator Casino Plex has announced that it is among the first to launch the latest new games from Playtech. Included in the package are 5 new video slots and a version of French Roulette.
888 Holdings plc released an interim management statement this week, again showcasing impressive full year numbers in which the company can take pride, but rather more depressed Q4 results.
Guoco Group, a subsidiary of the Asia-based investment group Hong Leong (Malaysia) Berhad run by Malaysian billionaire Quek Leng Chan, has once again increased its stake in the British land and online gambling group Rank plc. Over the past year the group has progressively bought up chunks of Rank shares, incrementally increasing its holding – …