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iGaming News Page 589

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Two Years Later, UIGEA Has Rules (Update 1)
12 November 2008
Two years after the UIGEA was enacted, the law's hotly debated regulations have finally been issued, but one Washington insider says there's still hope the rules may be overturned by the incoming administration.»
Microgaming Licensees Reduce Exposure to U.S.
12 November 2008
In a written statement to IGamingNews, Microgaming Software Systems Ltd. has confirmed that some of its larger United States-facing licensees agreed last week to discontinue registering new American customers -- others, though, have pulled out entirely.»
I-Gaming Regulation Update: The Latest News Makers
11 November 2008
IGamingNews Presents a regulatory roundup with updates from Asia, Australia, Latin America, North America and Europe.»
William Hill Bingo Sponsors New ITV Game Show
11 November 2008
British bookmaker William Hill has turned to television with a sponsorship for its bingo arm on “Spin Star,” a new daily game show.»
Jadestone Group Names PAF as Launch Partner
11 November 2008
Yesterday Jadestone Group A.B. announced that Ålands Penningautomatforening, or PAF, a Finland-based online casino provider, will be one of a limited number of launch partners for DiceArena, a two-year development expected to launch this quarter.»
Weike to Launch New Machines
11 November 2008
Weike Gaming Technology, a Singapore-based gaming machine manufacturer, said it will launch two new gaming machines and expects the machines to be operating in Macau venues prior to Christmas.»
$10 Billion Project Moves Forward in Philippines
11 November 2008
Manila Standard Today reports that while many companies in Asia are reigning in casino construction plans, the Philippine Amusement and Gaming Corporation is pushing forward at full speed with its $10 billion project.»
Century Casinos Posts Third-Quarter Loss
11 November 2008
Century Casinos Inc., operator of casinos in Canada, the United States, South Africa and the Czech Republic, posted a net loss of $14 million in the third-quarter. During that same period last year, the company reported net earnings of $1.9 million.»
Commission to Investigate Tabcorp Dealings
11 November 2008
According to the Herald Sun, the Australian Competition and Consumer Commission has launched an investigation into Tabcorp, one of Australia’s largest gaming companies, and its involvement with Clubs Victoria, a gaming venue group.»
Malam Team Signs Deal with 888
11 November 2008
Globes reports that Malam Team Ltd., an Israel-based information technology company, has made a deal with 888 Holdings to install a combined enterprise resource planning-customer relations management system during a 10-month period with a seven-year warranty.»
The Sands Posts Loss, Prices Public Stock Offering
11 November 2008
After Las Vegas Sands Corporation posted a third-quarter net loss of $32 million yesterday, the struggling casino giant announced today that 181.8 million common shares have been priced in a public offering at $5.50 per share. Shares were halted from trading on the New York Stock Exchange today.»
Nambling Notes | Nov. 11, 2008
11 November 2008
Tabcorp’s dealings put under the microscope, Neteller finds new way, Jadestone Group names PAF as launch partner and more.»
Playtech Mulling Further Affiliate Acquisitions
11 November 2008
Mor Weizer, the chief executive of Playtech Ltd., said this morning that the company is considering acquiring additional affiliate businesses from its founder, Teddy Sagi, who, previously, has graced Forbes magazine's list of Israel's 40 richest people.»
UIGEA Rules Amended, Language Unknown
11 November 2008
IGamingNews learned today that the proposed regulations for the UIGEA were amended and cleared by the Office of Management and Budget, though to what extent the rules were changed remains unclear.»
New Way for Neteller
11 November 2008
Neteller, the Internet commerce group, announced that its proposed change of trading moniker was passed at a meeting for shareholders earlier today.»
Bush Aide Accused of Lobbying for UIGEA
10 November 2008
According to a letter obtained by IGamingNews, United States Representative Steve Cohen is asking whether a top presidential adviser appointed this year, who lobbied against Internet gambling before his appointment, was involved in pushing to finalize the proposed UIGEA regulations on behalf of a former lobbying client.»
Financially Fraught Sands Announces New C.F.O.
10 November 2008
On Friday, Las Vegas Sands Corporation announced the appointment of Kenneth J. Kay as senior vice president and chief financial officer amid rumors of financial woes.»
Operators Eye South Korea Gaming Facilities Plans
10 November 2008
The South China Morning Post reports that South Korean authorities said Shun Tak, a Hong Kong-based casino conglomerate, along with other operators such as Genting Group, Las Vegas Sands and MGM Mirage are looking into possibilities of resort and gambling destinations within the country.»
South African Casino Sees Slight First-Quarter Growth
10 November 2008
Sun International Ltd., an investment and management company of hotels, resorts and casinos, reported 3 percent total revenue growth in its first quarter compared to the same period last year.»
Super Heroes Take Over GigaMedia Game Lineup
10 November 2008
Hulk, Spider-Man, X-Men and other Marvel Entertainment Inc. comic book stars are all a part of GigaMedia Ltd.’s new cash-wager games for its Everest platform. The new lineup is a result of GigaMedia’s new partnership with CryptoLogic Inc.»
Intralot Receives Business Awards
10 November 2008
Intralot S.A. announced today it has earned several awards given to companies on the Athens Stock Exchange from Money financial magazine.»
William Hill Rejects Bets on Obama's Life
10 November 2008
William Hill, a United Kingdom bookmaker, has rejected offers from more than 100 punters interested in placing bets on the assassination of the U.S. president-elect Barack Obama, according to The Times.»
Arrests Made in Greek Stanleybet Clash
10 November 2008
According to LDP Business, arrests have been made involving Stanleybet International, a fixed-odds betting firm, and its violation of Greek law by opening shops in the area to compete with sports betting monopoly, OPAP S.A.»
World Poker Tour and FullTiltPoker.net Sign Sponsorship Deal
10 November 2008
World Poker Tour Enterprises Inc. and FullTiltPoker.net announced on Thursday a television sponsorship deal.»
Bally First-Quarter Revenue Up
10 November 2008
Total revenue for Bally Technologies first-quarter was up from $189 million to $237 million for the three months ended September 30, 2008.»
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