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iGaming News Page 576

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Online Betting Czeching In
19 December 2008
The Czech Republic's finance ministry will soon offer permits to the five biggest sports betting companies in the country to offer online services, according to Tomáš Bahník, spokesperson for one of Eastern Europe's largest betting operators.»
AsianLogic to sponsor Lyceum Media event
18 December 2008
The Asia-Pacific gaming company will sponsor Fire&Ice on January 28. »
Pinnacle Sports stops offering North American horse races
18 December 2008
The prominent offshore bookmaker announced on its Web site this week that it is suspending betting on North American horse races immediately, prompting one legal expert to speculate that the company is simply "being safe, rather than sorry."»
Seventy-Nine Ninety-Five Is Not Just The Price Tag ... Or Is It?
18 December 2008
Having spent the past 20 years in the card industry -- and the most recent 10 in the online payments industry -- Andrea Wilson, chief executive of First Atlantic Commerce Ltd., has witnessed first hand the evolution of regulatory and monitoring changes as banks and governments struggle to keep up with Internet technology and, particularly, the exponential growth of online transaction processing.»
U.K. Parliament to Investigate Sports Betting
18 December 2008
A United Kingdom Parliament committee is set to dig through evidence next year provided by sports teams and bookmakers specifically targeting suspicious betting patterns on sporting events, according to The Guardian.»
Macau Gaming Tax Income Up 20 Percent
18 December 2008
The Shanghai Daily reports that Macau made of 3.2 billion pactas, or $400 million, in direct tax from gambling during the month of November, which was an increase from October of 630 million pactas, according to numbers by the city’s Financial Services Bureau.»
Intralot Scores Contract in Germany
18 December 2008
On Thursday, Intralot S.A. announced that it has been awarded the contract to modernize and technologically upgrade the central system of Hamburg’s State Lottery, Lotto Hamburg G.m.b.H.»
Nevada Gambling Commission Approves WMS' Networked Gaming System
18 December 2008
WMS Industries Inc., the global game machine manufacturer, announced that the Nevada Gaming Commission granted its networked gaming system, Wage-net, approval after a field trial at the Bellagio Las Vegas.»
Victor Chandler to Launch New Financial Spread Betting Site
18 December 2008
On Thursday WorldSpreads Group announced it has signed an agreement to provide its financial spread betting services to Gibraltar-based Victor Chandler International Ltd.»
Eurobet Adds DiceArena to Portfolio
18 December 2008
Gala Coral Group's Eurobet has added the DiceArena network to its portfolio, the company said on Thursday.»
GameLogic Picks Up $3 million in Debt Financing
18 December 2008
On Wednesday GameLogic said it has received $3 million of debt financing from Velocity Financial Group Inc., a finance company serving middle-market and venture-backed companies.»
Nambling Notes | Dec. 18, 2008
18 December 2008
GameLogic picks up $3 million in debt financing, Intralot S.A. scores a contract in Germany and more.»
Operators, Academics Skeptical of Swedish Report
18 December 2008
Eighteen months after Sweden was instructed to amend its policies on gambling, the country responded with a 652-page report proposing no significant change to the current regulatory regime. Some commercial operators and suppliers agree, moreover, the report comprises little more than an effort to prolong the monopoly's tenure.»
Former C.E.O. Takes Activist Position in Crypto
18 December 2008
Javaid Aziz, the former chief executive of CryptoLogic Ltd., has taken a 9.8 percent activist ownership position in CryptoLogic on concern over the company's current strategic direction and deteriorating financial position.»
Kentucky appeals court hears online gambling case
17 December 2008
News brief: Lawyers representing online gambling interests argued that Gov. Steve Beshear's effort to seize domain names is unconstitutional. »
PartyGaming co-founder pleads guilty to offering illegal Internet gambling services
17 December 2008
Anurag Dikshit pled guilty on Tuesday in New York to violating the Wire Act in connection with offering illegal Internet gambling services to U.S. residents. »
Insights | The Curious Case of Anurag Dikshit
17 December 2008
Legal observers react to the biggest news story in I-gaming since the United States Congress passed the Unlawful Internet Gambling Enforcement Act in September 2006.»
All Slots to Offer iPhone and iPod Touch Mobile Games
17 December 2008
Spin3 announced on Monday that it will be supplying All Slots Casino with its GameWire mobile casino system, which offers games for the iPhone and iPod Touch among other devices.»
MGM Sells Off Treasure Island Casino
17 December 2008
MGM Mirage unloaded its Treasure Island Hotel & Casino on a Wichita, Kan., businessman for $775 million.»
Entraction and Income Access Partner on Software Deal
17 December 2008
On Monday, Entraction Holding A.B., an online poker network operator and software developer, announced a partnership with Income Access for an affiliate marketing solution.»
Ladbrokes Corporate Director Readies for Retirement
17 December 2008
Ladbrokes’ current corporate development director, Alan Ross, who has been with the bookmaker since 1971, will retire on July 19, 2009, the company announced on Wednesday.»
Pan African Lottery in the Works
17 December 2008
The New Times reports that Lotto Rwanda has plans for expansion by launching a pan-African lottery, which will include several African countries.»
Calif. Racing Authority Approves Off-Track Betting Expansion
17 December 2008
The San Francisco Chronicle reported on Wednesday that California Horse Racing Board voted unanimously to approve expanding off-track betting to card rooms, sports bars and other facilities in the state.»
Greentube's Ski Challenge Sets Off
17 December 2008
Greentube A.G., a skill games developer, said that within a week of its fourth annual ski challenge launch, it has been downloaded more than 1.3 million times.»
Nambling Notes | Dec. 17, 2008
17 December 2008
Ladbrokes corporate director readies for retirement, the California Racing Authority approves an off-track betting expansion and more.»
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