Online sportsbetting company Betdaq has agreed to sponsor 72 horse races, including the GBP 25 000 Kent National, between February 14 and March 6 at the Arena Leisure courses Lingfield, Wolverhampton, Southwell and Folkestone.
Britain’s strict Advertising Standards Association has lowered the boom on another Internet betting company advertisement, upholding a single public complaint that an advert for spread betting firm ShortsandLongs.com glamourised gambling.
Dennis Neilander, the chairman of the Nevada state Gaming Control Board, has nixed the current prospects for legalising online gambling by telling the Senate Judiciary Committee that without clarification from the courts or Congress he believes Nevada is precluded from adding Internet gambling to the many games it regulates.
Atlantic City’s eleven land casinos continued to battle in tough economic conditions in January 2009, improving slightly on December 2008’s record revenue decline but still 9.4 percent below the same period in 2008.
The London-based advertising agency 7Stars has successfully pitched for the GBP 10.2 million William Hill plc media planning and buying contract, winning the deal from the incumbent agency and several other competitors, reports Marketing News.
167 Prince William County, Virginia employees won incentives that could be worth several thousand dollars to buy homes in the suburban county, in an innovative lottery seeking to alleviate some of the misery caused by a wave of foreclosures.
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.