Nambling Notes - Jan. 23, 2008

23 January 2008

Wild Ride for Bill Hill Shares -- Shares in William Hill rose sharply today on speculation that Greek operator OPAP was mulling a takeover bid for the London-listed bookmaker. Sources with William Hill told Reuters that the group "has had no contact" with OPAP. OPAP's chief executive said likewise. Shares in William Hill were up 34.75p, or 9.37 percent, to 405.75.

32Red Goes Mobile -- Spin3 has agreed to supply 32Red with a mobile casino platform, which includes blackjack, roulette and the Tomb Raider video slot. "The deal with Spin3 and Microgaming means that we can extend our product base and enter a new and exciting field," said 32Red Chief Executive Ed Ware. "This was an obvious move for us as we were already seeing demand from our users to plan on the move."

Quoteworthy -- "Look, the Internet is something that we continually review. There is legislation sort of pending in South Africa with quite big unresolved issues which will seriously impact the economic viability of the opportunity one way or the other . . . but certainly, if the law and regulations are conducive, that's something (launching an Internet gambling offering) that we would look at."

  • From Sun International Chief Executive David Coutts-Trotter in an interview with South African Web site Moneyweb.co.za.

New Venture -- Gaming Ventures has signed an agreement with Cellcast, whereby Gaming Ventures will offer its gambling products to users and viewers of Cellcast's satellite television, streaming video, Internet and mobile channels. "This is the first step of our joint venture plan to establish a gaming vertical that will utilize the existing assets of both companies without significant capital expenditure," said Gaming Ventures Chief Executive Graham Martin. Gaming Ventures operates BigHeartBingo.co.uk as well as mobile casino ShoutingDuckCasino.com, and has begun a joint venture with wireless broadband provider Wicoms Ltd.

Re-Re-Launched -- Online gambling portal Gambling.com has officially re-launched -- again -- following a beta launch in September. The site's owner, Media Corporation, on Tuesday announced the re-launch, touting an overhaul of the site’s content. Gambling.com has moved away from being a search site and moved toward being a content driven gaming information site. The company has also added an interactive feature, enabling users to comment on articles and other features on the site.

Inked -- Ethoca has agreed to supply its data sharing services to Ladbrokes and 32Red.

Stock Watch -- On the LSE today, Neteller was up 1p to 60.00, Playtech was down 10p to 315.00 and London Capital Group was down 10p to 331.00.