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financial headlines
June 03, 2009 Greece Strong for Sportingbet in Third Quarter
Sportingbet grew third-quarter net gaming revenue by 7.6 percent to £43.8 million over last year, spurred by a particularly strong performance in sports betting.
June 02, 2009 Playtech, Betfair in Software Licensing Deal
Betfair, the multinational betting exchange, said Tuesday that it will license downloadable casino and bingo software from Playtech Ltd.
May 27, 2009 Stanleybet Complaint Turns Brussels' Eye toward Greece
Following complaints by Greek punters and intermediaries working in Stanleybet International’s outlets in the country, the European Parliament has announced that it will be investigating judicial abuses in Greece’s sports betting sector.
May 22, 2009 Minus National Lottery, Remote Gambling Participation Flat in U.K.
The National Lottery has once again brightened up remote gambling participation figures in the United Kingdom.
May 21, 2009 Opposition Taking Shape against French Liberalization
France’s imminent online betting liberalization has not been without its critics, but it now appears more concrete steps are being taken to challenge some of the measures proposed in the new legislation.
May 19, 2009 In Italy, Monthly Turnover Rises Again
April’s figures for the Italian gaming sector revealed continuing growth, led by online gaming, Superenalotto and slots. But bingo and horseracing both fell at a faster rate than ever.
May 15, 2009 Ladbrokes I-Gaming to Miss 2010 Earnings Target
In the four months to April 30, Ladbrokes said e-gaming net revenue fell 2 percent over 2007 and that pre-tax earnings forecasts for its online gambling arm would not be met.
May 15, 2009 Crypto Board Shuffle 'Vindicates' Former C.E.O.'s Activist Stake
CryptoLogic Ltd., under fire in recent months over the independence of its board, has appointed David M.J. Gavagan, currently a non-executive director, as its new independent chairman.
May 14, 2009 Financial Digest: Bwin, Paddy, Hills, Youbet
A roundup of financial news from Bwin, Paddy Power, William Hill and Youbet.
May 14, 2009 French Media Companies Embracing Online Gambling
In France there has been a frenzy of activity between media groups, football clubs and betting companies since it was announced some 18 months ago that the online gaming sector in the country was to be liberalized.
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