The London listed online and land betting group Leisure and Gaming plc has signed a sponsorship agreement with the Italian football club Unione Sportiva Città di Palermo which will see the brand of L&G subsidiary Betshop Italia achieving a higher profile.
The London listed online and land betting group Leisure and Gaming plc has signed a sponsorship agreement with the Italian football club Unione Sportiva Città di Palermo which will see the brand of L&G subsidiary Betshop Italia achieving a higher profile.
The price of protectionism paid by German online gambling company Jaxx AG, was showcased again this week when the company announced financial results that included a consolidated loss of Euro 16.9 million, largely due to the implementation of the German State Treaty On Gaming.
Taiwan-based and US-listed GigaMedia Limited, which owns successful online gambling operations like Everest Gaming, is in talks with a number of interested parties in connection with a strategic merger or sale, reports MergerMarket.
The Australian media are speculating on the possibility that Intralot’s Aussie subsidiary may have its state licence pulled after estimates suggesting that its first year operational figures wll likely be shockingly lower than budgeted expectations.
Cantor Gaming, a mainly technology company that announced last year that it had ceased operating online casinos although it would continue to licence software, has applied for a slot route in Nevada, reports the Las Vegas Review-Journal.
PartyGaming plc delivered a disappointing quarterly result this week, revealing that the significant strengthening of the US dollar and competitive pressures in its core poker division were the primary factors behind a drop in quarterly revenues.
Shares in the London-listed online gambling group PartyGaming are expected to soar following the group’s announcement Tuesday that it has reached a settlement with the US Department of Justice, removing the threat of prosecution for pre-UIGEA activities.
A recent academic study of online gambling presented by the University of Lethbridge in Canada created acres of media coverage with its finding that Australian and New Zealand gamblers were the worst in the world.
The Irish minister for sport, Martin Cullen, is unlikely to be the most popular politician with Internet gambling companies in the country following his threats to ban internet betting in Ireland if bookmakers don’t cough up more money to the Exchequer to aid the controversial Horse and Greyhound Racing Fund, reports the newspaper Independent.ie.
Online gambling software and games developer Cryptologic has announced a multi-year agreement to supply Internet games to the UK land and online gambling group Gala Coral, which operates four of Europe’s most popular online gaming sites.
The Swedish and UK online gambling giant Unibet plc will be holding its annual general meeting on 13 May 2009, with management presenting some positive numbers, although the Euro-bond debt continues to be a drain on resources.
Notorious for having some of the toughest anti-Internet gambling laws in the United States, but at the same time an active promoter of land gambling expansion, the state of Washington presents a confusing moral conundrum to both players and industry observers.
Jane Holmes, a spokesperson for the Canadian horse racing firm Woodbine Entertainment Group, outlined the competitive impact of online gambling this week in an interview with the Toronto Sun newspaper in which she claimed that the racetrack is currently losing almost Cdn$ 200 million a year to what she termed “illegal” online gaming.
Online gamblers who are also fight fans are the target market for a new Internet enterprise launched this week by Houston hospitality industry entrepreneur Sean Kreuger (35).
Fans of Microgaming’s big win progressive slot Mega Moolah are speculating on when the next big jackpot will hit as the top prize approaches the GBP 6 million mark, shaping up towards another industry record.
UK land and online gambling group Betfred has taken advantage of a sponsorship opportunity in the World Snooker Championships following the conclusion of 888’s deal at the end of last year’s tournament.
Ålands Penningautomatförening (Paf), which offers online gaming services from Åland, an autonomous region of Finland, has appointed a new chief executive officer to replace the present incumbent Lars Porko, who is to retire effective May 1st 2009, but will be available in a consultive capacity until December 2009.
Malaysian police have again been active against online gambling operations, this time in the Bukit Jambul, Tanjung Tokong and Jelutong areas, where raids this week on four cyber cafes resulted in seven arrests and the confiscation of some 85 computers.
Interesting weekend reading came from the Hawaii Reporter at http://www.hawaiireporter.com/story.aspx?7070255f-67df-40c5-af64-9b4fc952db1e, which took an op-ed look at the five dumbest bans perpetrated by the US government – one of them involving online gambling.
William Hill online casino reports a major GBP 114 000 slot jackpot win on April Fools’ Day, where 29-year-old British online player Paul Gwilym wagered 30p and struck it rich on Pharaoh’s Treasure.
The economic recession in the USA continues to play havoc with the 11 casinos and resorts in Atlantic City, according to a report from the New Jersey Casino Control Commission this week.
A 29-year-old Californian man who is seemingly incapable of staying out of trouble made a serious mistake in visiting a land casino in Las Vegas this week in what is being reported as a “dead man walking” case!
A report on how the gambling sector is using search engine marketing to cope with the economic downturn has been released this week by Clickthrough Marketing.