Following roughly two months of due diligence and sales talk -- accompanied by a revolving door of interested parties -- Toronto-listed Parlay Entertainment said this morning that no binding agreement had been reached with any of its anonymous suitors. View the full story.
After a year with Unibet, Ragnar Hellenius, the group's chief financial officer, has announced he will step down effective March 31. Petter Nylander, chief executive, called Hellenius' contributions -- especially with regard to Unibet's December 2007 Maria Holdings acquisition -- "very valuable." View the full story.
Following Wednesday's launch of 888sport.com, 888's Blue Square-powered multinational I-sports book, Chief Executive Gigi Levy said he was not in the running for the chief executive's vacancy at rival PartyGaming. View the full story.
Wholesale betting brokerage Betbrokers has raised £495,000 via 10 percent secured loan notes, due in 2013, to fund working capital requirements.
Following Wednesday's High Court verdict that found in favor of William Hill, the bookmaker called the decision "a victory for common sense," though the Sunderland Echo reports the plaintiff, compulsive gambler Graham Calvert, has won the right to appeal.
CasinoEuro has launched three new games -- Relic Raiders, Mega Joker and Geisha Wonders -- by NetEntertainment.
The former Unibet cycling team -- barred from last year's Tour de France -- has returned to professional cycling under a new name, Cycle Collstrop, and was this morning granted a one-year "wild-card" license by the International Cycling Union to compete. Collstrop is a timber dealer.
After a brief bout of non-compliance with Nasdaq, the index this morning notified PacificNet that it was back in line with market rules that require the majority of board members to be independent directors. Stephen Crystal, chief executive at Tablemax Holdings, was appointed to the board March 3 after a member resigned. The non-compliance had no effect on whether PacNet shares could be traded.
Weird but true: New York Post reports a Connecticut eighth-grader has been stripped of his post of class vice president and suspended for - are you ready? - buying a bag of Skittles from a classmate. That's against school rules. Michael Sheridan's mom says the punishment is "unfair," and her son "never even had a detention." New Haven school officials say the rule is part of a good-nutrition program.
On the London Stock Exchange today, Sportinbet was down 3p (6.9 percent) to 40.50, Rank was down 8.25p (9 percent) to 83.25 and Ladbrokes was down 10p (3.44 percent) to 288.00.
Chris Krafcik is the editor of IGamingNews. He lives in St. Louis, Mo.