Fears that the recently proposed 10 percent Bulgarian gambling tax would by further boosted to 15 percent faded in the National Assembly Friday as the Budget Commission rejected a motion by conservative politicians to raise the tax by another 5 percent.
A new start-up company in Cambridge, UK has developed software which it claims can protect online gamblers from fraud.
The Bootle Times in Liverpool reports that the proposed closure of betting company Ladbrokes call centre in Aintree (about 10.5 km north of Liverpool city centre) could put up to 263 employees out of work. Aintree is one of two Ladbrokes call centres in the UK, the other being in Harrow, Middlesex.
With the football world still in uproar over Ireland being ousted from the 2010 World Cup following a questionable French victory, UK bookies have done the right thing and refunded bets to punters.
European media are reporting on statements from German prosecutors this week that suggest widespread police actions and an unspecified number of arrests across Europe by various cooperating police forces investigating football match-fixing.
Unibet Group plc has signed an agreement with a major international bank for a 12 month Revolving Credit Facility with a maximum value of Euro 24 million, which is to be used primarily to cover the early redemption of the remaining Euro outstanding 65.8 million bond it took out to acquire Maria Bingo two years …
The Vienna-listed online gambling group Bwin has posted an outstanding set of third quarter 2009 results, with profit rocketing 75 percent over the same period last year.
Congressman Barney Frank’s HR 2267 proposal to legalise, regulate and license online gambling in the United States has attracted its 63rd co-sponsor.
The French newspaper La Tribune takes a pessimistic look at the liberalisation of the French gambling market this week, questioning whether the new regime regulating a more open market will be effective in time for the World Cup football in South Africa.
The perennial speculation that the Gibraltar-based Internet gambling group 888.com is about to be taken over surfaced again this week, this time on the German bourse, where unconfirmed but widespread rumours hinted at a Bwin move in that direction.
Plans to introduce a Gambling Commission on the island of Jersey off the French coast have been postponed pending the submission of further information on costs and methods, reports the BBC.
According to the chief executive of the Macau Special Administrative Region, the local government intends to increase its commitment to Responsible Gambling on the gambling island.
Party Gaming chief executive Jim Ryan reportedly used the new-found freedom to visit the United States occasioned by his company’s settlement with the Department of Justice recently.
The Isle of Man-based online gambling software provider Microgaming released another tranche of six new Bingo side games this week, launching to its network of operators.
Alex Stephens, the director of business development at IGT-UK has been appointed to the company’s executive committee with responsibility for the Million-2-1 business following the departure earlier this year of Chris Sheffield.
Geoffrey Godbold, the chief executive officer of the GREaT Foundation – successor to the Responsibility in Gambling Trust in the UK – has only kind words for the gambling industry’s contribution in the fight against problem gambling.
Communications to marketing affiliates of Golden Casino.com have thrown further light on yesterday’s reports that the operation is to refuse new US members effective December 1st .
When Frank Fahrenkopf, chief of the American Gaming Association, speaks at the annual Global Gaming Expo in Las Vegas, both the online and land branches of the gambling industry look for indicators on the health of the business and the direction it is taking.
A delighted New Jersey punter had more than his fair share of luck this week when a store clerk sold him the wrong type of scratchcard, but one that turned out to be a big winner.
Police in Hong Kong have arrested a 32-year-old man whom they believe is a key figure in an online gambling syndicate that earned some 10 million Hong Kong dollars (about US$1.2 million) in only six months. The identity of the suspect is currently being withheld.
The president of Loto Quebec, Alain Cousineau, revealed in a speech to the Montreal Board of Trade on Tuesday that his organisation is about to make a bold move into online gambling, at least as far as online poker and sportsbetting is concerned.
Following rapid expansion in the recently liberalised Italian market, skill gaming developer GameAccount has formally launched its French network and submitted an application for a licence in that country, which is due to open up its market next year.
Golden Casino.com has advised its players that it is to leave the US market with effect from December 1st, which is the date on which US banks must cease processing online gambling transactions as the UIGEA regulations comes into effect.
London advertising agency The Brooklyn Brothers has successfully competed against rival agency Miles Calcraft Briginshaw Duffy to secure the GBP 5 million advertising account for UK bookmaking giant William Hill plc.