iGaming News Page 595

Ladbrokes Cuts Out Magazine Winter Edition
5 November 2008
Ladbrokes will not be distributing its quarterly publication “Close Up” this winter, according to Brand Republic.»
U.S. Election Results Change Casino Plans and Policies
5 November 2008
Last night’s United States election brought a change to casino policies in one state and squelched plans for future gambling opportunities in another two.»
Turkey to Begin Lottery Privatization
5 November 2008
According to Hürriyet, a Turkish newspaper, The Anatolian Agency has reported that Turkey will begin the privatization of its national lottery administration.»
Nambling Notes | Nov. 5, 2008
5 November 2008
Nextpoker responds to Ongame exclusion, WPT posts a third-quarter loss, Paddy Power takes bets on God, and more»
UltimateBet to Repay over $15 Million
5 November 2008
UltimateBet, the disgraced online poker operator, will repay at least $21.1 million to players that were swindled while playing on its site, the Kanhawake Gaming Commission said today.»
GigaMedia Takes Crypto's Full Flash Casino
5 November 2008
CryptoLogic Ltd. has done a deal to supply GigaMedia Ltd. with a full instant-play casino to compliment the Taiwan company's downloadable-play offering.»
U.K. Betting Levy Set, Modernization Review Ongoing
4 November 2008
United Kingdom betting operators are expected to pay between £90 million and £100 million to the country's horseracing industry next year as the horseracing levy, late last week, was finally set after an embittered battle of back and forth.»
Microgaming Releases Two New Games
4 November 2008
Microgaming announced today it has launched two new games.»
Former Ticketmaster Executive Named New Youbet C.O.O.
4 November 2008
David Goldberg, a former executive vice president of Ticketmaster, has joined Youbet.com as its chief operating officer.»
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.»