Wednesday, 24 June 2026

iGaming News Page 596

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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.»
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.»
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