Gambling news - page 1325

Bookies lose a million in uneven football match

25 Feb 2009

A stunning 9 – 0 defeat in a match between UK football clubs Weymouth vs. Rushden and Diamonds has triggered a Football Association investigation into possibly unusual betting patterns after bookies took a GBP 1 million beating as fans allegedly bet against their own club.

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Centrebet stumbles on takeover panel ruling

25 Feb 2009

The attempted hostile takeover bid launched by Australian online sports betting group Centrebet International Limited against fellow Aussie firm International All Sports seems to have hit an obstacle that may require it to reassess its cash bid following a Takeover Panel ruling this week.

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Party Gaming and Citadel team up

25 Feb 2009

ESI Entertainment Systems Inc. has announced that Citadel Commerce, a wholly owned subsidiary, is now processing Instant Internet banking transactions for PartyGaming plc, an online gambling group active mainly in the European market.

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Betbull pulls out of exchange betting

25 Feb 2009

Betbull Holding SE has announced its withdrawal from the exchange betting business in a press release carried by deraktionaer.de this week.

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EGBA launches newsletter

25 Feb 2009

Sigrid Ligné, the Secretary General of the European Gaming and Betting Association (EGBA) has launched a newsletter for members and interested parties in the belief that open communication will provide all stakeholders with a better understanding of the realities of the market.

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eCOGRA accredits another affiliate program

24 Feb 2009

Roxy Affiliates.com, which has for the past seven years administered the efforts of affiliate marketers promoting tier one Internet casinos, including Roxy Palace Casino, has become the second affiliate program to be tested and monitored by the independent player protection and standards body eCOGRA.

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CAP founder confirms shareholdings of partners

24 Feb 2009

The founder and major shareholder of Affiliate Media Inc., and Casino Affiliate Programs, Lou Fabiano, has issued a statement clarifying the ownership structure of the companies currently involved in the control dispute.

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EuroTeleMillions on the way from Netplay TV

24 Feb 2009

The UK interactive television gambling company NetPlayTV plc has signed an exclusive TV distribution deal with Channel Five Broadcasting and the launch of its new service EuroTeleMillions.com on Monday, 9 March 2009.

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Affiliate palace coup?

24 Feb 2009

What appears to have been a palace coup in the affiliate business triggered an upsurge in online gambling forum activity Monday as the major shareholders involved posted their versions of what appeared to be a serious split between partners.

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Crypto row with ex-CEO turns nasty

23 Feb 2009

The war of words between former Cryptologic CEO Javaid Aziz and the Dublin-based online gambling software provider Cryptologic took a turn for the worse this week as the software company not only rejected Aziz’s latest proposal for an extraordinary general meeting, but threatened Aziz with a law suit, claiming he was in material breach of …

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PAGCOR owes taxes, claims Quezon City

23 Feb 2009

Quezon City in the Philippines claims that gambling group Philippines Amusement and Gaming Corporation (PAGCOR) owes hundreds of millions of pesos in unpaid franchise taxes. City executive Dr. Victor Endriga cited Section 13 (2) of Presidential Decree 1869, or the Pagcor Charter, imposing a 3-percent franchise tax on the firm and its partners for the …

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GameAccount skill games for Gaming VC

23 Feb 2009

The UK skill games provider GameAccount, which already has William Hill, Stan James, Gala Coral and other major gambling groups on its books, has reported signing up Gaming VC this week. The Malta-based operator of various major online sportsbook, poker & casino websites principally targets the German-Austrian and Italian markets.

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Will Hill set to raise GBP 350 million

22 Feb 2009

UK online and land gambling group William Hill plc is set to raise an additional GBP 350 million through a rights issue, reports The Times. The cash will be used to refinance the company’s debt, the newspaper reports.

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Russell Crowe´s Rabbitohs sign with Betezy

21 Feb 2009

Following the trend to online sportsbook sponsorships in Australia actor Russell Crowe’s South Sydney Rabbitohs announced a new corporate partnership with Betezy.com.au this week.

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UIGEA under attack again next month

21 Feb 2009

Barney Frank, the Democratic Party’s chairman of the House Financial Services Committee and a strong supporter of legalising online gambling in the United States, is preparing to launch another legislative attack on the controversial Unlawful Internet Gambling Enforcement Act, according to a Reuters report as the week ended.

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Skill gaming TV ad banned

21 Feb 2009

The Advertising Standards Authority in the UK has banned a television ad for Bejeweled flighted by skill games company Midasplayer on its King.com website, supporting a claim from a member of the public that the imagery could attract an audience under the age of 25.

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Judge confirms Bodog confiscations

20 Feb 2009

Millions of dollars confiscated from accounts allegedly linked to the Bodog online gambling group will be retained by the federal authorities in the US following a confirmatory order issued by a Baltimore judge this week.

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Tough year for Nevada land gambling

20 Feb 2009

Worried land gambling industry operators are concerned that a pronounced and sustained downward trend in revenues at Nevada land casinos could continue into 2009 following a tough 2008 that saw revenues decline by 9.7 percent – with the fourth quarter plunging 18.9 percent.

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Director resigns from Partygaming

19 Feb 2009

John Davy, a non-executive director of online gambling group Party Gaming plc, has notified the board of directors of his intention to resign as a director for personal reasons.

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Malaysian police hunt gambling ring chief

19 Feb 2009

The police in Sabah, Malaysian Borneo have revealed that a sophisticated investigation is underway in an attempt to identify and catch the top bosses organising illegal online gambling operations in the region.

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Former CEO continues to pressure Cryptologic

19 Feb 2009

The former CEO of online gambling software provider Cryptologic, Javaid Aziz, is pressuring the company for an Extraordinary General Meeting of shareholders. Aziz, who holds 12.5 percent of the company’s stock, has enlisting the support of other shareholders, and has been critical of the direction in which the company is headed .

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Positive results from Ladbrokes

19 Feb 2009

The UK’s largest online and land gambling group Ladbrokes reports that its business had shown resilience against the impact of the recession, with full-year operating profit slightly ahead of market expectations.

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Asianlogic on track for 2008 revised full year results

19 Feb 2009

Asian online and land gambling group and Playtech associate AsianLogic Limited has issued a pre-closing trading update for the year ended 31 December 2008 flagging the liklihood of increased capital expenditure required to retain top line revenues amidst challenging economic conditions in 2009.

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Vietnam online gambling investigation imminent

19 Feb 2009

The spread of broadband and WiFi technology has led to an upsurge in online gambling in Vietnam, but due to the unregulated nature of the pastime local media are warning punters to be cautious with their choices and their money, pointing out that at the dark end of the business there have been reports of …

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