Daily Nambling Notes - June 20, 2002

20 June 2002

Names and Faces Changing Places -- Paddy Power announced today that John O'Reilly will succeed Stewart Kenny as chief executive. O'Reilly has been with the company since 1988 and has served as both the finance director and the chief operations officer. Kenny will succeed John Corcoran as chairman. Corcoran is retiring as chairman but will remain as non-executive director. Ian Armitage, the current non-executive director, will be the new deputy chairman. Youbet.com today announced that Jim Edgar, the former governor of Illinois, will join its board of directors. Edgar, who was governor from 1991 to 1999, has a strong interest in horse racing, and when he was in office he helped develop legislation that has allowed horse race wagering in Illinois to stay competitive with riverboat gambling. Edgar and his family raise thoroughbreds and standardbreds. Ainsworth Game Technology in Australia recently appointed Peter James as chief executive. James was most recently the managing director of Spherion, a computer services company. He replaces Jim O'Mahony. Alan Golob, the director of TEAMTalk's satellite division, has left the company following its acquisition by ukbetting. The satellite division is expected to be gotten rid of by ukbetting, which wants TEAMTalk to focus on betting and gaming.

New Stuff -- Total Entertainment is adding two progressive slot machine games to its casino platform. The company's Web sites appear in eight languages: English, French, German, Dutch, Italian, Spanish, Japanese and Korean. Today Ladbrokes launched its Poker.com card room, which Poker.com said is one of many sub-poker rooms that will be operational as per its agreement with Microgaming. Poker.com and Microgaming are part of a strategic partnership to market online multi-player poker software sublicenses.

Makin' Deals -- One day after announcing an agreement with Quova for geo-location software, Online Gaming Systems is announcing a deal with Next Generation Entertainment to offer NextGen's online casino products. Herman Suarez, OGS vice president for marketing and sales, said NextGen's games have already begun to be integrated into the OGS system.

UK Tidbit -- Nigel Payne, CEO of Sportingbet.com, recently told the Telegraph that he believes Citibank's decision to block online gambling transactions was politically motivated. The attorney general of New York, Eliot Spitzer, probably has a political angle, the U.K. executive said. "I'm guessing, but New York has announced it will build a new Las Vegas outside New York which starts next year," Payne said. "I suspect the political lobbyists have said that they had better start rubbishing the online guys."

Quote Worthy -- "Online casinos appeal to women because you can go in and see the game and chat to other people playing before you part with any cash. You can learn the rules of Blackjack and roulette without feeling embarrassed." --Nigel Willis, director of online gaming for the Gala Group, in The Scotsman, June 20