Given the prevailing tight economic conditions, news of even small gains is welcome, and Swedish sportsbook Betting Promotion delivered that during the week, reporting steady Q4 numbers that inluded gaming turnover of SEK2.6 million (GBP 218 000) and a net turnover of SEK29 million (GBP2.4 million) which delivered a gross margin of 1.12 percent, up …
The founder of WorldNet Daily, Joseph Farah, claims in his subscription G2 newsletter that staffers for Britain’s MI5 intelligence agency have been assembling a team of spies trained to track terrorists thought to be trying to use Internet gambling websites to launder money.
The spirits of supporters of legalised and regulated online gambling in the United States were lifted at G2E last year when the chief of the American Gaming Association, Frank Fahrenkopf, revealed that his members – all high powered American land gambling companies – would be discussing the issue in detail at a December board …
The bidding deadline for Turkey’s national lottery will be pushed back by a month at the request of investors, Reuters has reported.
The story of the Canadian steelworker who thought he had won $135 000 on four $3 scratchcards, but lost out due to misprints had a happier ending later in the week as Ontario lottery officials relented and paid him an undisclosed settlement.
The story of the Canadian steelworker who thought he had won $135 000 on four $3 scratchcards, but lost out due to misprints had a happier ending later in the week as Ontario lottery officials relented and paid him an undisclosed settlement.
The Jakarta Post reports that local police have busted four individuals in a raid on an Internet cafe suspected of being used to provide Internet gambling facilities. The four suspects were named as Sri Nauli Yuniar Pohan, Tony Thamrin, Kristianto and Mohamad Saleh.
If nothing else, the branding on Alsart Group’s new online casino will intrigue online gamblers. Branded Ya888Ya, the operation is targeted on mainly Russian and CIS players, and is powered by Playtech, which has other business associations with Alsart through its Videobet product line.
The London-based Gaming Media Group has posted solid results for year ended 31st October 2008, showing increased growth of 47 percent in online poker rake, and 57 percent in group revenues overall taking into account casino, bingo and TV advertising. Profit before tax has also grown by four times to GBP 1 million.
Ladbrokes and its agency, M&C Saatchi have responded with remarkable speed to the Advertising Standards Authority ban on two of its television ads after a single complaint from the public .
With the UK government’s threats to make responsible gambling contributions to the Responsibility in Gambling Trust (RIGT) compulsory making the headlines this week, the political blog at The Guardian made some pointed and valid comments on the slow voluntary payments of the past.
Image the scene: a young family man enduring tough times spends part of his New Year’s Eve scratching off the numbers on an Ontario Lottery scratch card to see if benevolent fortune has smiled upon him. One card reveals a win of $75 000, but there’s more to come and the excited punter finally has …
Marketing media reports this week indicate that the UK’s Advertising Standards Authority has banned a Ladbrokes television campaign for online casino action because it links gambling with excessive risk taking.
Among the many new products scheduled for launch at the upcoming ICE(i) show in London is Players2Players Limited’s Live Sportsbook Platform.
UK Sports Minister Gerry Sutcliffe has published a consultation document that could be the first step in turning a voluntary contribution to problem gambling charity R.I.G.T. (Responsibility in Gambling Trust) into a mandatory donation.
Dublin-based online gambling software provider Cryptologic sees in the new year this week with the release of three new games featuring the legendary Marvel Super Hero, Spider-Man, a new adventure slot game called Dragon Sword, and an enhanced version of Atlantic City Blackjack, one of the company’s most popular casino games.
It was not all sweetness and light over the festive season at online gambling software provider Cryptologic, it seems. A disagreement over corporate decisions with a shareholder and previous CEO, Javaid Aziz took place over the period, eventually leading to the company rejecting a demand from Aziz for a seat on the board of directors.
The Xinhua news agency reports that Macau gaming revenues reached record levels – mainly before the recession hit – of US$13.7 billion over the whole of 2008. The statistics indicate a year-on-year increase of 31 percent to a record 108 billion patacas (US$13.7 billion).
Anti-gambling activists in Australia are calling for pre-paid smart cards to be introduced into gaming venues to reduce problem gambling, reports the Australian Broadcasting Corporation. Under the plan, users would nominate a monthly cap on the amount of money they would be prepared to lose.
The annual wrangle over “voluntary” contributions by major British gambling groups to the Responsibility in Gambling Trust entered a critical phase as the new year started, with Culture Secretary, Andy Burnham, reportedly losing patience with the gambling industry after the emergence of a GBP 1.2 million shortfall in donations for 2008-09.
The UK based games developer Electracade Ltd., which recently became a subsidiary of Orbis Holdings Ltd. has wasted no time building alliances, joining forces with Innovative Gaming, Inc to launch and co-distribute the online version of a new casino table game, branded Quick Seven.
The London-listed online gambling group Party Gaming plc has launched litigation against investment company Livermore Investments Group Ltd. over the 2006 purchase of Livermore’s Internet gambling business, reports the Bloomberg business news agency.
With the industry’s largest expo opening its doors later this (January) month, ICE(i) exhibitors have been advising the market what to expect from their participation.
The Malta Independent Online newspaper published an article on the Bodog empire and its founder Calvin Ayre over the weekend, interesting not so much for its news content as for the details of a complex web of payment businesses introduced to the Mediterranean island to facilitate online gambling payments.