Nambling Notes - 17 August 2007

17 August 2007

Seeking Promotion -- Unibet is on the hunt for an agency to manage its pan-European direct activity. The company has reportedly approached several agencies regarding the development of a direct campaign designed to drive more traffic to its Web site. Agency Assessments, an international management consultancy, is handling the search. The company's move is, perhaps, predicated upon the collapse of its cycling sponsorship on Wednesday, after its Green Cycle team was barred entry to the Giro d'Italia, the Tour de France and other European cycling events this year.

bd-ntwk to Handle Sportingbet's Online PR -- Sportingbet has appointed Glasgow-based market communications agency bd-ntwk to handle its online promotional and customer relations management.

Positive Q2 from ISWI -- Interactive Systems Worldwide Inc. (ISWI) has released its second-quarter report, which shows revenue up 735 percent, or $147,000, to $167,000, compared to the previous-year period. Net income for the quarter totaled $10,000, against a net loss of $1.2 million during Q2 2006. The company said the improvement was due primarily to lower expenses, its deals with Sportingbet, Ladbrokes and Hipodrome de Agua Caliente, as well as increased revenue and $370,000 of non-recurring other income. "The company has made substantial improvements in its operations this quarter, increasing its revenue from last quarter by more than 140 percent, and reducing its operating loss by more than $500,000," said ISWI chief executive Bernard Albanese.

Coming Soon -- ATE has announced that the fourth installment of its Combating Cybercrime in Betting and Gaming conference will be held January 22, 2008 at Earl's Court in London.

Stock Watch -- In late afternoon trading on the LSE, 888 was up 2.75p to 107, PartyGaming was up 0.25p to 24 and Ladbrokes, after receiving a buy recommendation from Landsbanki, was up 3.25p to 369.50. In Vienna, bwin was down 0.60 euros to 16.90. And on the Stockholmsborsen, Boss Media was up SEK 0.10 to SEK 12.40, while Unibet was up SEK 4.00 to SEK 188.