When the top lawman in the no-gambling state of Utah says he supports the attempts of Congressman Barney Frank to overturn the Unlawful Internet Gambling Enforcement Act it’s going to raise eyebrows….and maybe drop a few jaws!
The Wall Street Journal examines the drive to expand [land] gambling in a number of US states desperate for new sources of revenue in the tough economic times in the United States.
It appears that US Department of Justice officials are uncomfortable with a move by the Interactive Media Entertainment and Gaming Association (iMEGA) to highlight UIGEA disruptions of state lotteries in its litigation against the Unlawful Internet Gambling Enforcement Act.
Intriguing post of the week was spotted at the business magazine Forbes.com, where a poster using the nickname “Ronin” posted additional information to an article carried earlier by the publication on US Department of Justice confiscations of Bodog funds held by e-cash processors.
The attempt by Australian sportsbetting group Centrebet to pull off a hostile takeover of International All Sports has been abandoned after a privately owned Australian gambling company, Sportsbet, took a 12.34 percent stake in IAS to short circuit Centrebet’s bid for control.
Kudos to the Jackpot City online gambling group, which has donated GBP 10 000 to the Cystic Fibrosis Trust after running a series of bingo charity promotions.
White label internet marketing firm Bandgo Limited has teamed with Redbet Holding to launch a new Fantasy Sport portal branded BetnGo.com.
After weeks of whispers that a major development has been quietly taking place in the affiliate marketing world, an announcement this week introduced what looks likely to be a powerful new force in the affiliate program sector – Gambling Affiliate Programs.
A new Canadian-based online fantasy sports site, Fantrax.com has successfully completed a five month Beta testing phase and is now in full operation, managing director Richard Blais announced this week.
The business news agency Bloomberg has realised what many online gambling operators are starting to acknowledge – times may be tough, but there are great business opportunities for the industry being generated by the current economic crisis and its impact on the consumer.
Mention the names Andrew Black and Nigel Payne in any Internet gambling circle and they will be immediately recognised as highly respected executives who have had a tremendous influence in eminently successful groups Betfair and Sportingbet.
The Swedish Internet gambling software provider Net Entertainment has signed up another Nordic client in the form of Ålands Penningautomatförening (Paf). The operator is one of the biggest operators in the Black Sea region of Europe and has agreed to a four year association with NetEnt based on its popular CasinoModule online casino system.
In a surprise move, online gambling software and games developer Playtech plc has signed a licensing agreement with Marvel Entertainment Inc. allowing it to include Marvel film properties such as The Incredible Hulk and the Fantastic Four in its branded games inventory.
The British government remains convinced that Valued Added Taxation is not at the root of the UK bingo industry’s financial problems, and has rejected requests from bingo operators to cut the much criticised tax.
Casino comps, the freebies handed out to gamblers to motivate their return, are generally in decline at Atlantic City’s 11 land casinos, victims of the economic meltdown, reports Associated Press.
The value of Internet gambling operations to Irish bookie group Paddy Power was powerfully illustrated this week in the company’s full year report for 2008 – the Internet division of the firm contributed 70 percent of operating profit over the last six months of the year.
British online gambling software provider Orbis launched its Game Package 16 this week, with new additions to the OpenBet Mini Games portfolio and new Sci-Fi themed slot games.
The UK supplier of online bingo and networked gaming solutions, Virtue Fusion, has announced that Rank plc, the UK’s largest publicly listed bingo operator has signed a third long term licensing agreement for Virtue’s networked bingo and games solution.
The interactive television gambling company NetplayTV plc has taken on the former m.d. of London advertising company FCB, Jonathan Rigby, as its new brand director.
The Irish government is to begin regulating and licensing casino clubs in a first step towards a liberalisation of gambling laws in the country, reports the Irish Times.
The European Commission’s decision to push forward in its investigation into breaches of the EU Treaty by the Dutch and Greek governments has been applauded by the Remote Gaming Association, a trade body for major online gambling companies in Europe.
Casino Rewards, the Australia-based Microgaming online casino operator that owns 18 (maybe 19 soon) Internet casinos has announced that it is to diversify its offering by getting into the online lottery sector.
Bingo.com Limited, operator of popular online gaming site Bingo.com, has raised over half a million dollars to use for future operations by placing 3.5 million shares at 15cents each.
Media Week reports that the Internet betting site Ladbrokes.com has signed a six-figure deal to sponsor horse racing television channel Racing UK.