Wednesday, 24 June 2026

iGaming News Page 579

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Financial Week in Review | Dec. 19
22 December 2008
Even if you didn't have your Blackberry handy, and -- gasp! -- were forced to read a newspaper, you probably caught the news on Anurag Dikshit's decision to settle with the United States Department of Justice.»
Tabcorp Shuts Down Phone Lines Early
19 December 2008
The Herald Sun reports that Tabcorp Holdings will be shutting down telephone lines two hours earlier than normal.»
Trump Could Take Company Private
19 December 2008
According to the Financial Times, Donald Trump could take his troubled Trump Entertainment Resorts off the stock market and make it a privately held venture.»
Spin3 Claims Silver Award at Mobile Entertainment Awards
19 December 2008
At the 2008 Mobile Entertainment Awards, Spin3 picked up the silver award in the “Best Mobile Game/Gambling Service Provider” category.»
Cripple Creek Casino Raises Betting Limits
19 December 2008
Century Casinos Inc. announced that a new gaming law has been approved in Cripple Creek , Colo., on Tuesday, raising betting limits from $5 to $100, to add roulette and craps tables and to allow casinos to operate 24 hours a day, seven days a week.»
Microgaming Launches New Holiday-Inspired Game
19 December 2008
Microgaming Software Systems Ltd. has released a trio of new games, including a video slot called “Deck the Halls.”»
Despite Revenue Declines, Rank Says It Will Remain on Target
19 December 2008
On Thursday Rank Group announced that the current financial year would remain in line with market expectations despite its like-for-like revenue declining 7 percent and total revenue down by 5 percent during the 50-week period to Dec. 14, 2008.»
Nambling Notes | Dec. 19, 2008
19 December 2008
Despite revenue declines, Rank Group says it will remain on target and more.»
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.»
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