Thursday, 4 June 2026

iGaming News Page 592

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Isle of Capri Executive Vice President Retires
4 November 2008
Isle of Capri Casinos Inc. announced on Friday the retirement of its executive vice president Allan Solomon.»
Casino Workers in Nepal Protest
4 November 2008
According to the Hindustan Times, thousands of casino employees staged protests in downtown Kathmandu, Nepal, on Sunday in opposition of a senior casino official's arrest.»
PokerTek Installs Tables at Monte Carlo Budapest
4 November 2008
PokerTek Inc., an automated poker tables provider, announced today that it has installed seven PokerPro tables at Monte Carlo Budapest in Hungary.»
Agreement Reached in Horseracing Levy
4 November 2008
The Financial Times reported yesterday that the levy agreement for 2008-09 with British bookmakers includes a 10 percent tax on racing gross profits in the United Kingdom, which the paper says is in line with previous years. As a concession, 100 races will be added to the calendar.»
Antigua Joins U.K. Advertising White List
4 November 2008
Antigua and Barbuda's application for whitelisting has been approved by the United Kingdom Department for Culture, Media and Sport after an initial rejection earlier this year.»
Nambling Notes | Nov. 4, 2008
4 November 2008
Youbet names former Ticketmaster executive as its new C.O.O., and Microgaming releases two new games.»
French Government Acknowledges Possibility of 2010 Opening
3 November 2008
While France's budget minister has allowed that online gambling licenses may be issued as late as 2010, the issue of a transitional licensing regime -- of particular concern to land-based operators like Groupe Partouche -- has still to be sorted out.»
Nambling Notes | Nov. 3, 2008
3 November 2008
International All Sports goes off the market, Svenska Spel celebrates its responsibility and more.»
NetEnt Weathering Downturn, and Well
3 November 2008
In an upbeat set of third-quarter results, Net Entertainment A.B. said today that it has rebounded well from the seasonal slowdown and, bolstered by a strong stream of licensing agreements, is not seeing stunted growth reported by other of the listed sector's key players.»
Despite Economic Upheaval, Inspired Says Sale Still Possible
3 November 2008
Inspired Gaming Group on Friday said trading for the year just ended was in line with expectations and that, despite wider economic instability, a sale for all or part of the company is still a possibility.»
Oct. 31 | Financial Week in Review
3 November 2008
It's been a torrid month for I-gaming stocks. In a survey of 20 companies by IGamingNews, value fell 12.55 percent between Oct. 6 and Oct. 31. Sentiment across the sector, moreover, has changed markedly from six months ago, when the effects of the current downturn had yet to manifest.»
International All Sports Goes Off the Market
3 November 2008
Today International All Sports Ltd. announced that it would be withdrawing its Australian operations from sale.»
Singapore Casino Opening Could Be Delayed
3 November 2008
Construction issues and labor shortages are said to be reasons why a full opening of Marina Bay Sands in Singapore could be delayed, according to Reuters.»
Victorians Lose Billions on Gambling
3 November 2008
The Age reported on Thursday that Victorians lost 4.8 billion Australian dollars on gambling last year, which is a record for the Australian state. Last year losses were 85 million Australian dollars less.»
Svenska Spel Earns WLA Award for Responsible Gaming Excellence
3 November 2008
The World Lottery Association, or WLA, named Svenska Spel the world's most responsible gaming company.»
Codere Says Owners Have Missed Debt Repayment Deadline
3 November 2008
Codere S.A. announced on Friday that its owners have not met a deadline to repay the company's former owners.»
Tipp24 Third-Quarter Revenue Up 8%
3 November 2008
Tipp24 A.G., a German online lottery operator, posted revenues of 11.4 million euros, an 8 percent increase in revenue compared to 2007 third-quarter results, while net profit dropped by 1.26 million euros.»
Net Entertainment Profit Soars 104%
3 November 2008
Net Entertainment A.B. reported a third-quarter net profit of 52.6 Swedish krona -- up 104 percent from last year.»
Norsk Tipping Appoints C.E.O.
31 October 2008
Last Friday the board of directors of Norsk Tipping A.S. appointed Torbjørn Almlid, 58, as the Norwegian national lottery operator’s new chief executive.»
Ukash Partners with Telecommunications Firm
31 October 2008
Ukash has partnered with Telefónica S.A., a Spanish telecommunications firm, to distribute digital cash at phone kiosks across Spain.»
Phantom Fiber, Mahjong Time Sign Multi-Year Contract
31 October 2008
Mahjong Time, an online gaming provider part-owned by CryptoLogic Ltd, announced it has signed a multi-year contract with Phantom Fiber Corporation, a developer of wireless platform software.»
Tote Tasmania Reaps Benefits of Betfair Agreement
31 October 2008
Tote Tasmania announced yesterday it has achieved a 30 percent increase in turnover from the previous year to earn a record-breaking 498 million Australian dollars this fiscal year.»
Aristocrat Shares Drop After Forecast Cut by 40 Percent
31 October 2008
The Australian reports that when Aristocrat Leisure Ltd., a slot machine manufacturer, cut annual profit forecasts by 40 percent on Tuesday, investors jumped ship causing the share price to sink from 5.50 Australian dollars to 3.96 Australian dollars, or 28 percent.»
IGT Earnings Halved in Fourth Quarter
31 October 2008
On Thursday, International Game Technology announced that it had earned $52.1 million in the fourth quarter, less than half of what it earned during that same period last year, which was $122.6 million.»
Wynn Resorts Third-Quarter Earnings Up
31 October 2008
Wynn Resorts Ltd. released its third-quarter results yesterday showing a net revenue boost of 14 percent, from $653.4 million to $769.2 million.»
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