iGaming News Page 597

Malam Team Signs Deal with 888
11 November 2008
Globes reports that Malam Team Ltd., an Israel-based information technology company, has made a deal with 888 Holdings to install a combined enterprise resource planning-customer relations management system during a 10-month period with a seven-year warranty.»
The Sands Posts Loss, Prices Public Stock Offering
11 November 2008
After Las Vegas Sands Corporation posted a third-quarter net loss of $32 million yesterday, the struggling casino giant announced today that 181.8 million common shares have been priced in a public offering at $5.50 per share. Shares were halted from trading on the New York Stock Exchange today.»
Nambling Notes | Nov. 11, 2008
11 November 2008
Tabcorp’s dealings put under the microscope, Neteller finds new way, Jadestone Group names PAF as launch partner and more.»
Playtech Mulling Further Affiliate Acquisitions
11 November 2008
Mor Weizer, the chief executive of Playtech Ltd., said this morning that the company is considering acquiring additional affiliate businesses from its founder, Teddy Sagi, who, previously, has graced Forbes magazine's list of Israel's 40 richest people.»
UIGEA Rules Amended, Language Unknown
11 November 2008
IGamingNews learned today that the proposed regulations for the UIGEA were amended and cleared by the Office of Management and Budget, though to what extent the rules were changed remains unclear.»
New Way for Neteller
11 November 2008
Neteller, the Internet commerce group, announced that its proposed change of trading moniker was passed at a meeting for shareholders earlier today.»
Bush Aide Accused of Lobbying for UIGEA
10 November 2008
According to a letter obtained by IGamingNews, United States Representative Steve Cohen is asking whether a top presidential adviser appointed this year, who lobbied against Internet gambling before his appointment, was involved in pushing to finalize the proposed UIGEA regulations on behalf of a former lobbying client.»
Financially Fraught Sands Announces New C.F.O.
10 November 2008
On Friday, Las Vegas Sands Corporation announced the appointment of Kenneth J. Kay as senior vice president and chief financial officer amid rumors of financial woes.»
Operators Eye South Korea Gaming Facilities Plans
10 November 2008
The South China Morning Post reports that South Korean authorities said Shun Tak, a Hong Kong-based casino conglomerate, along with other operators such as Genting Group, Las Vegas Sands and MGM Mirage are looking into possibilities of resort and gambling destinations within the country.»
South African Casino Sees Slight First-Quarter Growth
10 November 2008
Sun International Ltd., an investment and management company of hotels, resorts and casinos, reported 3 percent total revenue growth in its first quarter compared to the same period last year.»
Super Heroes Take Over GigaMedia Game Lineup
10 November 2008
Hulk, Spider-Man, X-Men and other Marvel Entertainment Inc. comic book stars are all a part of GigaMedia Ltd.’s new cash-wager games for its Everest platform. The new lineup is a result of GigaMedia’s new partnership with CryptoLogic Inc.»
Intralot Receives Business Awards
10 November 2008
Intralot S.A. announced today it has earned several awards given to companies on the Athens Stock Exchange from Money financial magazine.»
William Hill Rejects Bets on Obama's Life
10 November 2008
William Hill, a United Kingdom bookmaker, has rejected offers from more than 100 punters interested in placing bets on the assassination of the U.S. president-elect Barack Obama, according to The Times.»
Arrests Made in Greek Stanleybet Clash
10 November 2008
According to LDP Business, arrests have been made involving Stanleybet International, a fixed-odds betting firm, and its violation of Greek law by opening shops in the area to compete with sports betting monopoly, OPAP S.A.»
World Poker Tour and FullTiltPoker.net Sign Sponsorship Deal
10 November 2008
World Poker Tour Enterprises Inc. and FullTiltPoker.net announced on Thursday a television sponsorship deal.»
Bally First-Quarter Revenue Up
10 November 2008
Total revenue for Bally Technologies first-quarter was up from $189 million to $237 million for the three months ended September 30, 2008.»
Nambling Notes | Nov. 10, 2008
10 November 2008
Sbobet deal with West Ham United likely, William Hill rejects bets on Obama’s life, and World Poker Tour and FullTiltPoker.net sign a sponsorship deal.»
Greece Puts Squeeze on Stanleybet Shops
10 November 2008
Since last week, two Greece-based betting shops owned by Stanleybet International Ltd. have been raided after the Hellenic betting monopoly, OPAP S.A., challenged Stanleybet's right to operate on its home turf.»
Financial Forecast - Could Global Gaming Bounce Back Stronger?
10 November 2008
A brutal mixture of recession panic, financial crises, wavering stock markets along with constant doomsday scenarios from 24-hour media outlets have many industries in a continuous nail-biting state. Like numerous analysts, Simon J. Holliday, director of H2 Gambling Capital, has had to reconfigure financial forecasts for the global gaming industry due to the unfortunate economic hand that’s been dealt to typically one of the most resilient industries.»
Q.& A. | Laura Olson-Reyes of Bally Technologies
10 November 2008
It's hard to believe that one of the industry's most ubiquitous suppliers began with just a small wooden pinball machine back in 1932. Although much has changed since Bally Technologies Inc.'s birth during the Great Depression era, the current economic outlook has become equally as gloomy.»
Holy Smokes - The Global Gambling Industry Copes with Smoking Bans
10 November 2008
On July 1, 2007, cigarette butts were officially extinguished in public places across the United Kingdom. Almost half of all U.S. states have also enacted state-wide smoking bans dating back as early as California's ban in 1994, which took effect in 1998. Once smoke cleared the air in these jurisdictions, many casinos and bingo parlors were a little more than put out by the new laws.»
A Closer Look at the Proposed UIGEA Regs
9 November 2008
With the proposed regulations for the Unlawful Internet Gambling Enforcement Act nearing finalization, IGamingNews understands these regulations remain unchanged from the original proposal issued in October 2007. Herein, IGN revisits the initial reactions of our publisher, Mark Balestra, to that proposal.»
Beyond the Biz | Andrew McIver
7 November 2008
Before IGN interviewed Andrew McIver, he warned us that we'd be hard put to find an interesting thing to say about him. We learned, though, that like most of us (in moments of goofy quasi stealth), Mr. McIver has Googled himself and would be cheered by the "unexplained" disappearance of his mobile.»
Gtech Signs Five-Year Contract with Maryland Lottery
7 November 2008
Gtech Corporation announced today that it has signed a five-year contract with the Maryland Lottery to provide and service 1,000 new Instant-Ticket Vending Machines.»
PPR: Online Poker Players Fear Bots
7 November 2008
Concerns about playing against bots now top the list of worries among online poker players.»