Credit Suisse this week expressed reservations about UK land and online gambling group Ladbroke’s ability to “tear customers away from online rivals”, reports The Times Online.
Online casino operator 32Red.com has passed the stringent PayPal acceptance criteria and is now offering PayPal facilities as a depositing and payment option to its clients.
Following the recent backdown over the presidential veto by President Viktor Kuschenko of the Ukraine, the gambling ban has been imposed with immediate effect in the Ukraine, reports Ukra News. And the ban includes online gambling.
Stephen Wong, writing in the publication Asia Times Online this week made the interesting observation that Communist Party aparatchiks and Chinese government officials could be turning to online gambling for their entertainment and profit in a reaction to government crackdowns on corruption and misappropriation of public funds.
There has been continued speculation this week on whether one of Britain’s biggest online and land gambling groups, William Hill plc, is getting set to move its online operations out of the UK.
The Australian online gambling group Centrebet could be on to a new line of fixed odds management business that has the potential to earn it solid profits, reports The Australian newspaper.
Andrew Twaits, boss of the Betfair online gambling group in Australia has stripped away the often deliberately misleading and confusing rumours about Betfair’s preparedness to pay its way in the competitive Australian horse racing industry.
Betfair was the subject of a glowing article in the publication Venture Beat this week which looked at the UK betting exchange’s astute move into American horse racing.
Think back to 2005, when software providers and operators alike were intrigued by statements from the Irish budget airline Ryanair’s Michael O’Leary that it planned to introduce a passenger service with a difference – in-flight gambling.
The magnitude of Russia’s decision to confine all land gambling to four geographic areas away from main population centres like Moscow and St Petersburg was underlined this week by an article in the St. Petersburg Times.
BetStopper, the Nova Scotia Gaming Corporation’s program to combat underage gambling, will be powered by InternetSafety.com developed software, the company announced this week.
Playtech plc’s chief finance officer Shuki Barak has revealed that the software developer has some ambitious spending plans in its acquisition strategies, with a number of targets in mind that include an as yet unidentified marketing business which could be the subject of a $750 million takeover deal
Internet sales of UK National Lottery tickets have grown by 31.8 percent over the past decade to GBP 488.2 million, Camelot, which operates the lottery for the British government, reported last week.
The popular European online gambling group 32Red.com (motto ‘second to none’, geddit?) has signed up as official club sponsor for the Swansea City football club for the next two seasons.
The economic crisis throughout the world and in the United States in particular has created a heavy workload for Congressman Barney Frank’s House Financial Services Committee, and that unfortunately means that his latest attempt to regulate and licence online gambling in the United States will have to be put on hold until September, the politician’s …
Industry observers this week have been surprised by the apparent hypocrisy of the United States government in protesting to China about its erosion of Internet freedom and trade restrictions, when it is itself the subject of severe criticism for its double standards on Internet gambling, both in its laws and its activities at the World …
Server based gaming provider BetStone.com is to open a new office in Mexico City to better service its customer base in Mexico and across Latin America, the company announced this week.
Perhaps better known for its online poker operations, where it is fast making a name for itself, Chilli Gaming of Malta is moving into the online bingo sector, and has chosen Parlay Entertainment as the technology to support it.
The British Columbia Lottery Corporation in Vancouver, Canada has launched a new initiative aimed at promoting responsiblke gambling, branded “Game Sense”. The program will include extensive use of media and public service television advertisements.
The National Centre for Social Research, acting on behalf of the UK Gambling Commission has completed a study of 43 gamblers designed to “provide further insight into participants’ gambling behaviour” and, where relevant, “to explore the downsides of gambling”.
The British government’s Sports Minister, Gerry Sutcliffe, has reacted to fears regarding the danger of gambling corruption in sport by setting up an advisory panel headed by former Liverpool football chief executive Rick Parry, reports the Daily Telegraph.
The sophisticated software systems at major online betting exchange Betfair.com have again proved their value to the wider gambling industry by alerting tennis watchdog officials to suspicious betting action.
The Pennsylvania state legislature is considering a new law designed to better insulate public officials from gambling industry inducements, reports Business Week.
ESPN reports that a legal challenge based on the constitutionality of the 1992 Professional Amateur Sports Protection Act and lodged by New Jersey Senator Ray Lesniak earlier this year is to be supporter by the state’s governor, Jon Corzine.