Nambling Notes - 21 April 2009

21 April 2009

BODOG.COM IS BACK In a dispute that began in September 2006, 1st Technology L.L.C. and the Morris Mohawk Gaming Group have reached a resolution regarding Bodog.com.

"We are absolutely thrilled to be able to return the Bodog experience to its rightful home -- the reaction of staff and key suppliers has been thunderous," said Alwyn Morris, Morris Mohawk Gaming Group's chief executive, in a prepared statement. "We will be transitioning the MMGG site to this domain over the coming weeks," he added.

Morris Mohawk Gaming Group said on Tuesday that it acquired many domains -- including Bodog.com -- when it settled the United States patent case. In August 2007, Bodog lost ownership of its domain names and was ordered by a Seattle judge to pay Scott Lewis, 1st Technology's chief executive, $49 million in injunctive relief.

"We are pleased to have finally resolved this dispute and applaud Mr. Morris for his proactive and constructive approach," said Mr. Lewis said.

DENMARK OPENING UP? The Copenhagen Post has reported that Danske Spil's 60-year gaming monopoly could come to an end as early as Tuesday.

A lawsuit claiming Danske Spil, Denmark's state-owned gambling operator, violates free market regulations played into the possible termination, according to the Post.

"It will be nice to get some clarity on the issue after so many years of uncertainty," said H.C. Madsen, Danske Spil’s managing director, told the Post. "We’ll also be able to offer casino gambling and poker now, which we couldn’t do before," he added.

U.K. BUDGET FORECAST Before Alistair Darling, Chancellor of the Exchequer, presents the United Kingdom budget on Wednesday, analysts at Jefferies International Ltd. are forecasting a hike in amusement machine license duty.

Anna Barnfather, an equity analyst with Jefferies International Ltd., wrote that an increase in amusement machine license duty on B2/3 gaming machines in betting shops is "likely."

Although a tax change might be held off until the summer, Ms. Barnfather wrote in a Tuesday note that a chance for an increase in the amusement machine license duty rate or a reclassification of fixed-odds betting terminals remains.

SIGNING Hrvatska Lutrija d.o.o. , the Croatian State Lottery, has selected Intralot S.A. to supply, maintain and support its interactive gaming system, the Greek lottery supplier announced on Tuesday.

"We are really pleased, as our forthcoming collaboration with Hrvatska Lutrija marks our entry into the Croatian market," said Constantinos Antonopoulos, Intralot's chief executive, in a statement.

In the one-year agreement, Intralot will provide its B-OnTM multi-channel gaming platform to support the lottery’s numerical and fixed-odds sports betting games.

In addition, Hrvatska Lutrija will be provided with Intralot's 3-D interactive games that include bowing, racing and casino games.

RENEWING Chartwell Technology Inc. said it has renewed a license agreement with Bwin Interactive Entertainment A.G. The three year contract extends the software supplier's relationship with Bwin to 2012.

"This is always a great vote of confidence for us when one of our valued clients renews," said Dave Acorn, Chartwell Technology's chief operating officer, who said that the group has been working with Bwin for eight years.




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