Monday, 20 July 2026

iGaming News Page 602

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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.»
Rwandan Casino Opening Delayed
24 October 2008
Casino Kigali, Rwanda’s first casino, has failed to open because of “unforeseen delays,” reports The New Times, a daily paper in Rwanda.»
OPAP Could Win Turkish National Lottery
24 October 2008
OPAP S.A., the Athens-based lottery system operator, is out to win Milli Piyango, the Turkish National Lottery tender, according to Reporter.gr, a Greek bilingual financial news agency.»
888 Seeks New Ad Agency
24 October 2008
Brand Republic reports that 888 Holdings is looking for a new advertising agency to handle its global ad account.»
Betting Promotions Net Turnover Down
24 October 2008
Betting Promotions Sweden A.B., an online betting exchange, posted a net turnover of 31 million Swedish kronas its interim report covering January through September 2008. For the same period in 2007, its net turnover was 50.5 million Swedish kronas.»
Devilfish Gaming Posts Loss in Maiden Results
24 October 2008
In Devilfish Gaming’s maiden results, the company reported gross turnover of £21,763 on a pre-tax loss of £424,414 for the year ending in June 2008.»
Nambling Notes | 24 October 2008
24 October 2008
OPAP might win the Turkish National Lottery tender, 888 is on the lookout for a new ad agency and Betting Promotions' net turnover drops.»
After Costly Period, Devilfish is Growing
24 October 2008
Back in March, when the word "recession" had but one foot out from behind the curtain, Devilfish Gaming went to market. While the small-cap company was hurt by transfer and flotation expenses for the year to June 30, seven months after its I.P.O. metrics suggest Devilfish is growing.»
At Least Four Argentine Provinces Considering Prohibition, Lawyer Says
24 October 2008
Amid convoluted local media reports covering two new bills seeking Internet gambling prohibition, IGamingNews has learned from South American legal experts that at least four such bills are being considered in the provinces of Buenos Aires, Misiones, Santa Fe and Corrientes.»
Traffic in Times of Crisis
23 October 2008
As recession doom and gloom gathers, is Web traffic actually on the upswing? IGamingNews investigates.»
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