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iGaming News Page 602

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Octavian International Completes Reverse Merger
6 November 2008
Octavian International Ltd. announced yesterday that it has completed a reverse merger with HouseFly Inc., a publicly traded shell company.»
WLA Accepts Maltco Lotteries as Full Member
6 November 2008
The Times of Malta reports that the World Lottery Association has accepted Maltco Lotteries as a full member.»
Moody's Changes Outlook on Codere's Rating
6 November 2008
On Tuesday, Moody’s Investors Service affirmed the B1 Corporate Family Rating of Codere S.A. and also noted that it has changed the outlook from stable to negative.»
Russia's Las Vegas Dreams on Hold
6 November 2008
Plans to condense gambling in Russia to four areas are deteriorating due to the global economic downturn, according to USA Today.»
Nambling Notes | Nov. 6, 2008
6 November 2008
Highfield joins William Hill’s board, registration opens for Asian I-Gaming Congress & Expo and more.»
Unibet Grapples Still with Maria
6 November 2008
In third-quarter results, Unibet, the Swedish online betting and gaming operator, reported year-over-year top-line growth of 51 percent but said its bingo operation, acquired last year, continues to underperform.»
Microgaming begins blocking Kentucky residents
5 November 2008
The online gambling software company's network of sites has started blocking IP addresses belonging to Kentucky residents in an apparent reaction to an Oct. 15 decision by a Kentucky judge.»
Vegas Affiliates announces it will block U.S. players
5 November 2008
Beginning Nov. 20, Vegas Affiliates and its six online casinos will no longer accept players from the U.S. Existing U.S. players will be allowed to continue to operate their accounts and U.S. affiliates will also still be accepted.»
Nextpoker Responds to Ongame Exclusion
5 November 2008
The owner of Nextpoker, Abbantina Malta Ltd., has released a statement denying Ongame Network’s recent claims that Nextpoker made “repeated rakeback violations” and was therefore excluded from its network. The claim, the poker site said in a prepared statement, is “totally false.”»
WPT Posts Third-Quarter Loss
5 November 2008
WPT Enterprises Inc. announced that its third-quarter revenues of $2.8 million have dropped $1.6 million compared to last year’s results, which reported revenues at $4.4 million.»
Paddy Power Takes Bets on God
5 November 2008
Since September, Paddy Power has been accepting bets on whether or not proof that God exists will be uncovered, reports The Telegraph.»
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.»
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