iGaming News Page 594

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.»
International Casino Conference Speaker Lineup Announced
28 October 2008
Clarion Gaming and the European Casino Association have announced its speaker lineup for the International Casino Conference, which takes place Jan. 26 at Earls Court in London.»
Obama's Face Appears on Colombian Lotto Tickets
28 October 2008
According to Agence France-Presse, the face of Democratic presidential nominee Barack Obama has appeared on 700,000 lottery tickets in Mesa, Colombia.»
Planned Singapore Casinos Bring Jobs
28 October 2008
Two casinos opening in Singapore by early 2010 are set to create 20,000 area jobs reports The Star, a Malaysian English-language newspaper.»
GLI Plans to Expand Lab in Asia
28 October 2008
Gaming Laboratories International announced yesterday plans to expand its lab in Macau.»
Sky Bet Sponsors Sports Journalists' Association
28 October 2008
Sky Bet, the sports-betting arm of the British Sky Broadcasting Group, has signed a two-year deal to be the principal sponsor of the Sports Journalists’ Association.»
Camelot Increases Ticket Sales by £181 Million
28 October 2008
Last week Camelot Group revealed that National Lottery ticket sales were up by £181 million in its half-year results that ended Sept. 27. The 7.6 percent boost brought total sales to £2.6 billion.»
Mobile Ad Network Sees Growth Amid Downturn
28 October 2008
Adultmoda, a mobile Internet ad network that targets consumers over 18, has announced that despite the economic slowdown, it has seen steady growth.»
Nambling Notes | 28 October 2008
28 October 2008
Sky Bet sponsors Sports Journalists’ Association, Camelot increases lotto sales by £181 million, and a mobile ad network sees growth amid the economic downturn.»
France's Controlled Opening Inches toward Realization
28 October 2008
As lobbyists, gambling industry execs and parliamentarians gathered in Paris last week to discuss the liberalization of the French Internet gambling market, the country's budget ministry announced draft reform legislation is still expected before yearend but observers are not hopeful that licenses will be issued before 2010.»
German Legal Situation 'Ludicrous,' Bayern Chief Says
28 October 2008
As rumors of a 1.5 million euro shirt sponsorship between Unibet and Valencia C.F. swirl in the Spanish media, Bwin Interactive Entertainment A.G. has again thrown its hat into the thorny sponsorship ring of Germany.»
Nambling Notes | 27 October 2008
27 October 2008
U.K spread betting is on the rise, Australian web filtration legislation could block overseas online casinos, the U.S. Government says states can't privatize lotteries and more.»
Morning Brief | Recession Touching Poker Industry
27 October 2008
For many of us, the financial climate of late has been unsettling. But as certain members of the gambling industry adopt "recession-resilient" as their new mantra, poker, we think, is among the first I-gaming industry sectors feeling the pinch.»
Fleet Street Faces Closure on 'Chaotic Economy'
27 October 2008
Fleet Street Games, a subscription-based online poker site, will close on Oct. 31 after the nascent company revealed a "chaotic economy" had adversely affected its business.»
Bermuda Government to Review Gambling Laws
27 October 2008
Government officials in Bermuda have confirmed that they could change gambling laws on the island, which might allow a national lottery and hotel casinos, according to the Bermuda Sun.»
Gamestec Hires New Business Development Director
27 October 2008
Gamestec, Danoptra Holdings' gaming machine operator, has appointed Peter Davies as business development director.»
U.S. Government Says States Can't Privatize Lotteries
27 October 2008
Reuters reports that the United States Department of Justice said that federal law will keep states from privatizing lotteries.»
Gala Coral Appoints New C.F.O.
27 October 2008
Gala Coral Group has announced that Gary Hughes will become the United Kingdom operator's senior management team as chief financial officer. Mr. Hughes will report to chief executive Dominic Harrison and join the company board.»
NYRA Launches Mobile Wagering Application
27 October 2008
Sona Mobile Holdings, a software solutions provider, announced on Thursday it will provide the New York Racing Association with mWager, its new mobile wagering application.»
Australian Web Filtration Plan Could Block I-Gaming
27 October 2008
The Australian government is looking to filter out overseas online casinos as well as hardcore pornography. However the Opposition said it will take “a lot of convincing” for the legislation to pass, according to The Sydney Morning Herald.»
Volatile Stock Markets Cause Spread Betting Increase in U.K.
27 October 2008
The Agence France-Presse reports that spread betting is on the rise in the United Kingdom with punters placing tax-free bets on market performance.»
Another Bubble, or Bigger Trouble?
24 October 2008
The I-gaming industry has been through the shock of a burst economic dot-com bubble and recession between 2000 and 2001, but is the current situation of an altogether different order of magnitude? With the benefit of nearly a decade’s experience, is the sector any better placed to ride out the crisis?»
PokerTek Scores Australian Innovation Patents
24 October 2008
PokerTek Inc. said on Wednesday that it has received seven certified Australian innovation patents, which it called a “key milestone.”»
The Sands Develops Capital Raising Program
24 October 2008
Las Vegas Sands Corporation announced today that it is working with an investment banking firm to create a capital raising program that would include participation from the Sands’ chief executive and principle stock holder Sheldon G. Adelson and his family.»
Nevada Gaming Commission Grants GameTech Licenses
24 October 2008
GameTech International Inc. announced yesterday that the Nevada Gaming Commission awarded it with licensees to distribute gaming devices within the state.»