iGaming News Page 563

GamingVC, GameAccount Ink Multi-Year Agreement
23 February 2009
After reporting record growth last week, GameAccount has signed a software licensing agreement with Gaming VC Corporation.»
Macau Gaming Tax Revenue Falls
23 February 2009
Macau’s gaming tax income fell 5.3 percent year-over-year to $370 million, or 2.92 billion pacatas, in January, reports the Xinhua News Agency.»
Despite Revenue Boost, PokerTek Posts Loss for 2008
23 February 2009
Although North Carolina-based PokerTek Inc. revealed a 260 percent year-over-year revenue boost to $14.4 million, its net loss for 2008 was at $7.6 million.»
Another Magna Entertainment Director Resigns
23 February 2009
Magna Entertainment Corporation’s lead director has resigned while the horse racetrack operator undergoes an expedited review by the Toronto Stock Exchange, which could result in a delisting for the company.»
Greece Asked to Explain OPAP Contract
23 February 2009
Last week the European Union’s Internal Marketing Commission asked Greece to explain why OPAP S.A. won a contract for its integrated gaming computer system without a public tender, Reuters reports.»
AGEM Welcomes Seven New Members
23 February 2009
The Association of Gaming Equipment Manufacturers, or AGEM, has approved applications for seven new members, the association announced on Monday.»
Plans for £35 Million Norfolk Coast Casino Approved
23 February 2009
A council has approved construction modified plans for a £35-million casino on the Norfolk coast, the British Broadcasting Corporation reported last week.»
Nasdaq Delists Trump Entertainment
23 February 2009
On Friday, Trump Entertainment Resorts Inc. said it received notification that Nasdaq will be delisting the Atlantic City casino operator, citing its recent filing for bankruptcy protection as a reason.»
Devilfish Posts Loss Despite Growth
23 February 2009
In the face of record losses in the second half of 2008, Devilfish Gaming continued on the path of growth, owing a particular debt of gratitude to its poker division.»
Nambling Notes | Feb. 23, 2009
23 February 2009
GamingVC and GameAccount ink a multi-year agreement, Greece is asked to explain a new OPAP contract and more.»
Perspectives Friday -- February 20, 2009
21 February 2009
J. Todd of the APCW lands an exclusive interview with Betcha.com owner Nick Jenkins.»
WPT Posts Loss of $12.5 Million for 2008
20 February 2009
Even with cost-cutting measures in place, WPT Enterprises Inc. reported a net loss for the 2008 financial year of $12.5 million -- $5.1 million more than the loss reported in 2007.»
U.K. Gambling Commission Unveils New Strategy Board
20 February 2009
The United Kingdom’s Gambling Commission released the names of nine members to its newly formed independent Strategy Board, which will advise the commission and the Department for Culture, Media and Sport on a national responsible gambling strategy.»
South Sydney Rabbitohs, Betezy Launch Bunnybet
20 February 2009
The South Sydney Rabbitohs and Betezy.com have partnered to bring punters Bunnybet.com.au, which went live yesterday.»
Chinese Arrest 20 in Online Gambling Case
20 February 2009
In China, twenty people connected to creating online gambling sites in 2006 have been put in jail, reports Agence France-Presse.»
Ainsworth Narrows Loss in Interim Results
20 February 2009
On Wednesday, Ainsworth Game Technology Ltd. reported a $2.8 million loss for the six months ending in Dec. 31, 2008, which was less than the $10.8 million loss the gaming supplier posted in the previous year’s corresponding period.»
Toronto Stock Exchange Could Delist Magna Entertainment
20 February 2009
The Toronto Stock Exchange has speeded up its review Magna Entertainment Corp.’s listing eligibility, the company announced on Thursday.»
Nambling Notes | Feb. 20, 2009
20 February 2009
South Sydney Rabbitohs teams up with Betezy for Bunnybet, the U.K. Gambling Commission unveils a new Strategy Board and more.»
Local Ohio I-Gaming Tax Ordinance Unlikely to be Enforced
20 February 2009
A small town in Ohio updated its laws recently to impose a 1.5 percent income tax on Internet gambling winnings, but a local gaming attorney doesn't think that law would be enforceable.»
I.M. Round Table | Sports Betting in Latin America (Part II)
20 February 2009
IGamingNews' I.M. round table on sports betting in Latin America continues with Maximiliano De Muro, chief executive and founder of Latin Interactive Gaming Ltd., and Almir Ribeiro, owner of Betboo.com.»
PPA cautiously optimistic after S.C. ruling
19 February 2009
A judge in South Carolina found that poker is a game of skill, not chance.»
GLI Expands Italy Lab
19 February 2009
Gaming Laboratories International said it has completed an expansion of its Italy lab by boosting its lab size, staff and storage to meet customer demand.»
Economy Takes $140 Billion Toll on Top 50 Gambling Companies
19 February 2009
During the last 12 months, the 50 largest gambling companies saw $140 billion wiped away from their total value, according to Global Betting and Gaming Consultants.»
PartyGaming Director to Resign
19 February 2009
On Thursday, PartyGaming announced that John Davy, who was appointed as a non-executive director for the company in December 2007, will be resigning for “personal reasons.”»
Poker Channel Launches Online Live Stream
19 February 2009
Europe’s gaming TV network, the Poker Channel, has added an online live stream to its site, which will allow remote access to its channel.»