Judgment Day? -- The U.S. government must decide by Friday whether to indict Neteller co-founders Stephen Lawrence and John Lefebvre or extend the decision, the U.S. Attorney's Office for the Southern District of New York (USAO) said today. Rebekah Carmichael, spokesperson for the USAO, told Casino City Times that Friday's court date was "essentially a place holder." Lawrence and Lefebvre were arrested in January and charged with money laundering in connection with Internet gambling.
Let Go -- Sydney Morning Herald reports Tabcorp CEO Matthew Slatter has been "given the boot" by the company over its troubled financial performance. Company chairman Michael Robinson told the paper that following a board review of Slatter's performance, both men concluded it would be better if he left the company. "Obviously we (the non-executive directors) were disappointed with the results," Robinson said, "and when we really focused, we believed that whilst we had great assets, we needed to move forward in a different way in maximizing the returns on those assets." Elmer Funke Kupper, head of Tabcorp's Australian operations, will serve as the company's interim CEO.
Sold -- Scientific Games has sold its racing communications business to Las Vegas-based Roberts Communications.
Launched -- Lasseters Corporation has launched its online casino on the Orbis OpenBet software platform.
Up-and-Coming -- eNation Corporation has been selected as one of Canada's top 25 up-and-coming technology companies by Ottawa-based consulting firm Branham Group.
Inconclusive -- The Financial Times reports that former 888 CEO John Anderson was allowed to leave France after an "inconclusive eight-hour interview in Paris yesterday." The paper said, however, that Anderson could still face charges for illegal advertising and may be asked to return to the country for further questioning.
Stock Watch -- The Times says I-gaming stocks were up on "an assortment of rehearsed theories, including a suggestion that U.S. gaming laws may be relaxed, and that the Budget, on March 21, may be positive for the sector." Bloomberg reports that online gaming stocks jumped after various news sources reported on U.S. Congressman Barney Frank's intention to repeal the Unlawful Internet Gambling Enforcement Act. Bloomberg says that shares in PartyGaming "rose the most since 2005," up 12.50 percent to 42.75p on the LSE. Meanwhile, Reuters says that shares in 888 rose six percent this morning on renewed speculation regarding a possible takeover bid from Ladbrokes.