Wednesday, 24 June 2026

iGaming News Page 585

Previous | Next
Isle of Capri Nearly Halves Second-Quarter Net Loss
3 December 2008
Isle of Capri Casinos reported a net loss of $13.5 million, which was an improvement compared to last year’s second quarter net loss of $24.6 million.»
Nambling Notes | Dec. 3, 2008
3 December 2008
Juniper Research predicts mobile betting will hit $3.6 billion next year, U.S. Open filters online gambling sites and more.»
Repealing the UIGEA | A Lawyer's Analysis
3 December 2008
Repealing UIGEA is not a realistic possibility. Now that the regulations have finally been published, we see that they are mainly designed to protect American financial institutions from being blamed for Internet gambling’s inevitable growth. The UIGEA in its final form is a beached whale; it is not only unintelligible -- thanks to its own regulations -- it is unusable.»
Sun Setting on Oz Racing Industry's Gentleman's Agreement
3 December 2008
Recent changes in Australian thoroughbred racing product-fee systems have put an end to the so-called gentleman's agreement that, for several decades, governed race-field levies between the country's states and territories.»
Ahead of Vote, Betsson Chief Critical of Norwegian Payments Ban
3 December 2008
As Norway's proposed payments ban faces a second vote Thursday, Pontus Lindwall, the chief executive of Sweden's Betsson A.B., sharply criticized a bill he thinks -- among other things -- interferes with European consumers' freedom of choice.»
Intralot Chief Wary of Near-Term Slowdown in Developed Markets
2 December 2008
Constantinos G. Antonopoulos, the chief executive of Intralot S.A., warned on the company's nine-month results that growth in developed gambling markets may slow in the short term and currency fluctuations may play further havoc with metrics.»
Betbull Gearing Up for Madrid Launch
2 December 2008
Betbull Holding S.E. said it is gearing up for its Spanish betting-shop debut with Bwin Interactive Entertainment A.G. in the first quarter of 2009. In the coming years the two have plans to roll out an undisclosed number of shops across the Autonomous Community of Madrid, Betbull said in its nine-month results today.»
Norwegian Payments Ban Passes First Vote by 'Clear Majority'
2 December 2008
Late last week, the Norwegian payments legislation passed its first vote in Parliament, IGamingNews has learned.»
Marketing amid Recession | Pedal to the Metal
2 December 2008
Harry Lang, a marketing expert and managing partner of The Fridge, argues that an increase in marketing spend during an economic downturn can lead to long-term growth in profit and market share.»
Trump Skips Payment and S&P Rating Slashed
2 December 2008
After Trump Entertainment Resorts Inc. announced on Friday that it would not make the $53.1 million interest payment due on Dec. 1, Standard & Poor's Ratings Services announced on Monday that Trump’s credit rating would be cut, the Associated Press reports.»
Bwin Becomes DiceArena Partner
2 December 2008
Jadestone Networks, owner of DiceArena, announced on Tuesday that Bwin Interactive Entertainment A.G. will become its partner early next year.»
Nev.-Commissioned Consulting Firm Predicts Bleak 2009
2 December 2008
On Monday Las Vegas Review-Journal reported that Nevada-hired Global Insight, an economic consulting firm, projects the state will shed almost 50,000 next year.»
Microgaming Releases Personalized Slots
2 December 2008
With Microgaming Software Systems Ltd.’s latest software, a player can create a slot that suits their tastes by altering it with personal pictures, colors and music.»
Gamesys New C.O.O. Jumps for Jackpotjoy
2 December 2008
Lee Fenton, a former executive at Fox Mobile, has joined Gamesys Group as chief operating officer, the company announced on Tuesday.»
Harrah's Total Rewards Ropes in WMS Star Trek Game
2 December 2008
Harrah’s Entertainment Inc.’s Total Rewards members will soon be experiencing the final frontier via WMS Gaming Inc.’s “Star Trek” gaming machines.»
Funding Increased for Queensland Country Racing
2 December 2008
Queensland Racing Ltd. and the Queensland Country Racing Committee met on Monday to confirm an enhanced 13.1 million Australian dollar annual country racing funding package to country stakeholders.»
Gioco Digitale Leading Italy's I-Poker Race for Now
2 December 2008
As the Italian online gambling operator Gioco Digitale S.A. pauses briefly for a platform update Wednesday morning, the company has emerged Italy’s real-money I-poker leader -- though it is sure to be challenged by Playtech Ltd.’s stable of high-profile licensees, Bwin Interactive Entertainment A.G. and Lottomatica S.p.A., among others.»
Nambling Notes | Dec. 2, 2008
2 December 2008
Bwin becomes a DiceArena partner, Microgaming releases a personalized slots game, and Gamesys hires a new C.O.O.»
Long-Standing Class-Action Suit against Google, Yahoo Dismissed
2 December 2008
The dismissal of a four-year-old class-action suit against two California Internet search engines may have gone virtually unnoticed, but its potential impact and its merits -- or lack thereof -- have not.»
Phantom Fiber Folds as Income Stream Dries
1 December 2008
Phantom Fiber Corporation, the mobile solutions developer, has discontinued operations after failing to generate the necessary cash to repay an investor. It leaves behind a number of partners including Mahjong Time, a minority-owned subsidiary of CryptoLogic Ltd., and Scientific Games Corporation.»
Financial Week in Review | Nov. 28
1 December 2008
As 2008 claimed yet another company, Phantom Fiber Corporation, the 20 e-gaming stocks surveyed by IGamingNews were up 2.3 percent.»
'Man-to-Man Marking' on V.I.P.s Paying Dividends for Sportingbet
1 December 2008
As Sportingbet moves away from mass recruitment of players to focus on corralling V.I.P.s, the company grew that segment -- which accounts for 55 percent of total margin but just 3 percent of its customer base -- by 32 percent in the first quarter of the 2009 fiscal year.»
Q.& A. | Ronald D. Martin
1 December 2008
The technologically savvy Mr. Martin, whom we discovered is an unwitting lightning rod for travel delays (just ask his management team) was keen to discuss the ups and downs of running a publicly traded firm; Blackberry addiction (a proliferating condition, if you ask us); a $15 million planned acquisition; and the travails of getting his daughter outside and away from the alluring world of Webkinz.»
Racing Channel Censors Advertisement, Senator Says
1 December 2008
Yahoo News reports that Nick Xenophon, an Independent senator for South Australia, has criticized Sky Racing TV, Sky Channel's home-pay television service, and said it censored anti-gambling advertisements directed at parents.»
Magna Entertainment Announces New Financing
1 December 2008
On Wednesday Magna Entertainment Corporation announced a transaction agreement with MI Developments Inc., or MID, its controlling shareholder, to execute a reorganization of MID.»
Previous | Next