News of the Financial -- This morning, 888 reported a strong third quarter and 32Red announced the sale of its BetDirect business to Stan James on the delayed release of its interim results. Click here for more on 888 and here for more on 32Red.
Booked for Malta -- Clarion Gaming, formerly River City Group, announced this morning that Paul Munro, product manager at Virgin Games, will give the keynote address at iGaming InDepth: Bingo. InDepth: Bingo runs Nov. 27 to Nov. 28; more details may be found here.
The Quantitative View -- U.K.-based Global Betting and Gaming Consultants (GBGC) has released third-quarter statistics for the industry. The firm said it expects the value of the European I-gaming market to be nearly 28 percent greater than that of North America "despite being just 80 percent of the value in 2006 and 60 percent in 2005." Following the enactment of the U.S. legislation last October, GBGC has revised its poker projections--$3.2 billion during 2006 falling to $2.96 billion during FY 2007. Looking ahead, GBGC said that, should the Frank bill be successfully implemented, it believes the "U.S. online gambling market could be as large as $10 billion in its first full year." GBGC Partner Simon Holliday observed, "Although the interim results were mixed GBGC sees plenty of growth prospects going forward as bingo comes of age, online Europe opens up, and in time operators find opportunities in Asia and finally the U.S. legitimizes online gambling."
Partnered -- Internet data management group Ethoca has agreed to supply CableOrganizer.com with its data sharing services.
Stock Watch -- On the LSE, PartyGaming was down 2.25p to 30.25, Playtech was down 15.50p to 354.50 and Rank was down 1p to 100.75.