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iGaming News Page 593

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Nambling Notes | 31 October 2008
31 October 2008
Norsk Tipping appoints a new leader, Tote Tasmania reaps the benefits of a Betfair agreement and more.»
U.K. Consumer Downturn Hits Neteller's Netbanx Europe
31 October 2008
Neteller, the soon-to-be-renamed Internet commerce group, has reported top-line growth and an uptick at the EBIT level during the third quarter, but revenue from its European payments gateway stalled, in part, on exposure to waning consumer confidence in the United Kingdom.»
Seasonality Rebounds, Forex Movements Concern Analysts
30 October 2008
As many companies prepare to release third-quarter results, some of I-gaming’s biggest names have been downgraded by brokerages in recent weeks.»
Probability Shares Up 23% on Profitable Half
30 October 2008
Probability, the mobile gambling specialist, has reported maiden net profits of £103,000 on revenue of £2.6 million for the half year ending Sept. 30.»
Justice Dept. Fires back in Imega Case
30 October 2008
After a United States trade association filed briefs last month challenging the constitutionality of the Unlawful Internet Gambling Enforcement Act, the Department of Justice yesterday returned fire.»
Crown Takes a $6 Billion Fall
30 October 2008
Crown Ltd., an Australia-based casino operator, has declined in value by $6 billion since last December, The Australian reports.»
U.K. Adult Gaming Centre Chain Gets New Look
30 October 2008
Praesepe, a London-based management firm, has unveiled the United Kingdom Adult Gaming Centre chain under its new brand, Cashino.»
Absolute Poker Launches Citadel's Instant Internet Banking
30 October 2008
On Tuesday, ESI Entertainment Systems Inc. announced that Citadel Commerce, a wholly owned subsidiary, will provide its Instant Internet Banking service to AbsolutePoker.com.»
Spanish Lottery Benefits from Online Growth
30 October 2008
DigiDis, a Spanish lottery service provider, has announced its profitability is on the rise due to the spread of online lottery in Spain.»
WMS Posts First-Quarter Revenue Up 14 Percent
30 October 2008
WMS Industries Inc., the Illinois-based gaming manufacturer, posted its 2009 first-quarter on Monday showing a total revenue increase of 14 percent to $151 million, which the company said is a record for the first quarter.»
PokerTek Reports Operating Loss for Third Quarter
30 October 2008
Although PokerTek, a North Carolina-based gaming product developer, said revenues have increased 299 percent for the third quarter ending Sept. 30, 2008, the company still posted an operating loss of $1.6 million. In 2007, the company had a third quarter operating loss of $4.2 million.»
Nambling Notes | 30 October 2008
30 October 2008
Spanish Lottery benefits from online growth, and Absolute Poker launches Citadel's Instant Internet Banking.»
October was the month of new online casino slots
29 October 2008
Online Gambling Insider takes a look back at the month of October and all the new online slots games released by major vendors.»
Popularity Soars for Dominos Game
29 October 2008
Yesterday CasinoRip, a skill-based game Web site, reported that it has made about £50,000 a week on its new game “Domino Duel.”»
WagerWorks Releases Blackjack Game
29 October 2008
International Game Technology's online subsidiary, WagerWorks, has launched a new blackjack game called Vegas Blackjack with 20+ Bonus.»
Which Way, Asia?
29 October 2008
Macau’s gross gaming revenue is slowing. Still, the only legal casinos in China made more in the first three quarters of 2008 than they did in all of 2007 -- and that was more than all the casinos on the Las Vegas Strip.»
Russia State-Run Lottery Launches
29 October 2008
RIA Novosti reported on Monday that Russia's first nationwide state-run lotto sold 7,400 tickets in less than five hours on its first day.»
CryptoLogic Takes on King Kong
29 October 2008
Adding to its star-studded branded slots, CryptoLogic Ltd. has announced that "King Kong" will be featured in a suite of new games.»
Atlantic City Smoking Ban Delayed
29 October 2008
In a little under two weeks after an Atlantic City smoking ban took affect in area casinos, a city council-approved measure has reversed it, according to the Associated Press.»
OPAP to Fight StanleyBet Expansion
29 October 2008
Reuters reports that OPAP S.A., the Athens-based lottery monopoly, wants to use the law to keep Stanlybet, a fixed-odds betting firm, from encroaching on its territory.»
GIG Delivers In-Run Wagering to Italy
29 October 2008
Global Interactive Gaming Limited, a wholly owned subsidiary of Interactive Systems Worldwide Inc., has begun offering limited in-run live wagering to Italian betting shops.»
Court Allows Immediate Appeal in Patent Litigation
29 October 2008
International Game Technology said Tuesday a United States District Court judge has indicated that he intends to stay the proceedings and certify his summary judgment rulings for immediate appeal in the pending patent-infringement case between IGT and Bally Technologies Inc.»
I-Gaming Legislation Could Influence U.S. Voters on Election Day
29 October 2008
The latest data from Poker Players Research show that over 3 million American poker players say the candidates' stances on Internet gambling legislation could affect how they vote.»
Nambling Notes | 29 October 2008
29 October 2008
OPAP plans to fight StanleyBet’s Greek expansion, GIG delivers in-run wagering to Italy, and is I-gaming on U.S. voters’ minds?»
888 Forecasts Lowered amid Share-Value Decline
29 October 2008
Since Oct. 20, shares in 888 Holdings have taken a significant downward turn relative to those of the company's listed peers. One City analyst today posited that 888's traffic levels are adequate, but customers are wagering at levels lower than anticipated.»
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