I-Race on the Net -- VIS iTV Lt, the Scottish company that developed the I-Race virtual horse racing and management game, has reached an agreement with a still unnamed global bookmaker to distribute I-Race on a network of online gambling sites. I-Race is already available on Sky Digital in the UK, but the newly announced agreement will make it accessible as Internet game in January before it becomes available in betting shops in the UK. Vis ITV said it believes the agreement will yield several million pounds in net revenue in just the first year of the venture. In June the company announced it had signed a multi-year contract to launch a non-wagering version of I-Race on Youbet.com.
Tabcorp News -- Although Victoria-based Tabcorp Holdings' takeover of New South Wales-based TAB Ltd. has already gained acceptance from over 90 percent of TAB's shareholders, prompting compulsory acquisition of the remaining shares in TAB, Tabcorp's managing director Matthew Slatter has extended the offer period another nine days so that the remaining Tab shareholders could accept the proposal… Telecommunications giant Telstra has signed a $62 million contract with Victoria's gambling company Tabcorp to provide voice, data, mobile and Internet services to Tabcorp's 2,660 sites for four years. The deal does not apply to properties of Tab Ltd.
Progressive -- Online casino Slotland.com has integrated a new progressive jackpot system. Rather than linking each game to its own jackpot, Slotland.com has linked every single game in its casino to the same massive jackpot that can be won by any player playing any game-- not just slots. Slotland.com says a progressive jackpot worth over $100,000 is won on average every six weeks.
Buy The Team -- AllSportMarket.com, a sports betting site where players can buy and sell shares in U.S. sports teams, is scheduled to launch on August 9th. Still in its beta testing phase, the site claims to already have 1,176 users. The trading market is similar to a financial stock exchange-users are able to buy shares in a team and the price rises or falls depending on the performance of the team. Cash dividends are paid out to players who hold shares in winning teams.
CasinoMan -- Online gaming portal CasinoMan.Net is on pace to record its one millionth visitor in August. Established in January 2002, CasinoMan.Net provides content for online gamblers while keeping its site free of pop-ups.