Tidbit from Asia -- A spokeswoman for the Hong Kong Jockey Club told the South China Morning Post today that since the Gambling Ordinance was passed last spring, making offshore gambling illegal in the SAR (special administrative region), illegal gambling is not so much of a problem as it used to be. June Teng told the paper that the Club's gambling revenue has dropped 7 percent since last year because "people have less money to spend as their income is cut. Illegal gambling also robbed us of some business, but the situation has improved since the Gambling Ordinance was introduced."
Names and Face -- World Gaming plc put out a press release today announcing that it now has a "stable" management team in place. Nicholas Jackson will serve as CEO; David Fleming will be the chief technology officer and Mark Thompson will be the operations officer. "I am pleased to reassure shareholders that the nucleus of the management team that has been running the company since July of 2002 will continue to operate profitably as an honest, open group without interference for the balance of 2003," Jackson said.
Making Deals -- Chimera Technology Corp. , through its subsidiary, 724Bingo.com, is entering an agreement with X-Generation Technology. The two companies will work together on research and development for 724's Internet gambling platform.