32Red, the Gibraltar operator, has reported first-half gaming revenue of £6.6 million on a £6 million performance in casino.
"We think today's update clearly demonstrates the group's renewed focus is working and builds on the trading turnaround seen in Q4 2007," Richard Carter and Wyn Ellis, analysts with Numis Securities in London, wrote in a research note this morning.
Trading in Betbrokers, the betting brokerage, was suspended this morning on London's Alternative Investment Market after the company announced Friday that one of its subsidiaries, Betbrokers Ltd., was placed into administration.
Mark Balestra, publisher of IGamingNews, is of the mind that Barack Obama's selection of Senator Joesph R. Biden as his running mate means nothing to online gambling. Read his latest blog entry here.