Neteller this morning revealed a $185.7 million full-yearly pre-tax loss, but Chief Executive Ron Martin said the company was recovering well from a year that saw millions paid in settlement to the U.S. Justice Department. View the full story.
Fresh of its World Series of Poker sponsorship agreement with Harrah's, GigaMedia posted fourth-quarter revenues of $34.2 million, up 73 percent versus the previous-year period. Revenue for the company's poker software arm rose 107 percent against Q4 2006, contributing an estimated 78 percent of the gaming software segment's revenue in the quarter.
Microgaming has launched its Tomb Raider-themed Secret of the Sword online video slot.
Fraud management specialists Ethoca have appointed Tom Ridge, former secretary of the U.S. Department of Homeland Security and former governor of Pennsylvania, to its board of directors.
I-gaming group Gaming Ventures has appointed Geoff Hall director of its subsidiary company, GV Game Development Ltd. GV Development conceives, designs and delivers games for the online, IPTV, mobile and satellite television markets.
Weird but true: New York Post reports a British man trying to flirt with a female friend by text message got the wrong number -- but wound up with a fiancée. Michelle Morris of Wales mistakenly thought the message was from someone she knew and fired off an answer. The pair then talked on the phone and got along so well that her new friend, Anthony Hubbocks, soon moved into her home. They are now planning their wedding.
On the London Stock Exchange today, 888 was up 1.75p (1.3 percent) to 139.75, Playtech was up 9.50p (2.30 percent) to 419.50 while William Hill was down 6p (1.7 percent) to 344.00.
Chris Krafcik is the editor of IGamingNews. He lives in St. Louis, Mo.