iGaming News Page 607

Report: UltimateBet's former owners hit with lawsuit
18 September 2008
MSNBC is reporting that UltimateBet's former owners have been sued for $75 million for its role in the "superuser" cheating scandal that has plagued the online poker room this year.»
FremantleMedia Forays into Online Gambling
18 September 2008
FremantleMedia, the London-based production company and rights holder behind big name international television shows like "Idol," "Got Talent" and "The Price is Right," is jumping into the online gambling world -- a natural progression for a media company which has had success in Las Vegas with its most popular media brand.»
Morning Brief: Why Grow Up?
18 September 2008
IGN today begins its series of life-beyond-the-business interviews with some of the industry's leading personalities -- this time, it's personal.»
GamArena Adds Three New Partners
18 September 2008
Jadestone, a Swedish online game developer, has announced GamArena, its skill business-to-business games network, has added three new distribution partners.»
Ongame Network Expands to Ireland
18 September 2008
Ongame Network Ltd., the poker network of Bwin Interactive Entertainment, has announced a partner agreement with Bruce Betting Ltd., which will move the online game provider into the Irish market.»
Iforium Extends Deal with Betinternet.com
18 September 2008
Iforium, an online gaming software supplier, announced today that it has extended its agreement with betinternet.com. It will power the Web site’s sports betting portal for two more years on the Wagerflex platform.»
Latin Interactive Gaming Takes Aim at Hispanic Market
18 September 2008
Latin Interactive Gaming is going back to its roots. The Malta-based online firm is taking aim at the Spanish and Latin-American market by launching five local branches such as Pokermillones, Apuestamillones and Casinomillones.»
Gaming VC First-Half Revenue Up 20%
18 September 2008
Gaming VC Holdings S.A. had a revenue hike of 20 percent, according to the company’s first-half interim results.»
William Hill and Sky Bet Launch New Mobile Wagers
18 September 2008
William Hill and Sky Bet are going to be unveiling mobile betting services provided by Mfuse, a privately held mobile service provider.»
U.K. Gaming Stocks a Sure Bet?
18 September 2008
According to a Bloomberg report, Dresdner Kleinwort analysts are saying that William Hill, Ladbrokes and Rank Group might be “the most resistant” to the United Kingdom’s economic slowdown.»
Alliance Fires Back on Bingo Bill Claims
18 September 2008
The California Tribal Business Alliance fired back at the California Charity Bingo Association on Wednesday after the association condemned SB 1369, or the bingo bill, in a press release.»
Q.& A. | Bruno Giussani
18 September 2008
Bruno Giussani isn't from the online gaming industry, but he knows a thing or two about the Internet.»
Nambling Notes | Sept. 18, 2008
18 September 2008
GamArena adds three new partners, Ongame Network expands to Ireland, Iforium extends a deal with Betinternet.com and a whole lot more.»
Gaming VC: Sports Betting Hot, Bingo Not
18 September 2008
Kenneth J. Alexander, the chief executive of Gaming VC Holdings, told IGamingNews this morning that although the company's largely Italy-focused sports betting proposition has driven first-half growth, initial results from bingo -- a more recent addition to the stable -- have been disappointing.»
EU-U.S. Trade Spat Yet to Reach Boiling Point, Insider Says
18 September 2008
In meetings this week with United States officials, a European Union trade delegation is investigating whether the Department of Justice's prosecutorial efforts against certain publicly traded European online gambling firms is in violation of a World Trade Organization treaty. But one trade policy expert feels that the parties are left with a familiar sense of hurry up and wait.»
Analysis: Sports leagues the key to UIGEA puzzle
17 September 2008
A closer look at H.R. 6870 shows that by compromising with America's professional sports leagues, Frank (with the help of some clever scheduling) was able to pass through legislation that delays the implementation of most UIGEA regulations.»
Morning Brief: Road to Recovery
17 September 2008
Citadel Commerce is beginning to pick up the pieces after its $9.1 million settlement with the Justice Department, having signed a deal with 888 Holdings -- a company with strong brand equity that is sure to lend Citadel needed credibility.»
Financial Services Committee Approval a First, Washington Insider Says
17 September 2008
Although the Payment Systems Protection Act was vehemently disapproved by some House Financial Services Committee members, one insider saw yesterday’s 30-to-19 vote in favor of sending the act in front of the full House as a positive step.»
888 to Implement Citadel's Instant Internet Banking
17 September 2008
Citadel Commerce Corporation, a subsidiary of ESI Entertainment Systems Inc., announced on Tuesday that it began using its payment solution, Instant Internet Banking, to process payments for 888 Holdings, the owner and operator of 888.com.»
Inspired Unveils Betting Show Lineup
17 September 2008
Inspired Gaming Group has announced it will unveil new and exclusive B2, B3 and C content at The Betting Show 2008, and additional B2 and B3 content will be launched prior to the show.»
Intralot Receives Double Certification on Information Security
17 September 2008
Intralot S.A.’s technical division has officially been certified not only with the World Lottery Association Security Control Standard but by BSI Management Systems.»
IGT Layoffs to Come in 2009
17 September 2008
According to the Las Vegas Review-Journal, International Game Technology told workers in the United States that because of the economic downturn an unknown number of workers will be laid off at the beginning of the year.»
Canadian Bank Invests $16 Million in New Casino
17 September 2008
Clairvest Group Inc., a Canadian merchant bank, announced yesterday a $16 million investment to acquire 50 percent ownership in Plaza Sol de Los Lagos, a casino being built in Osorno, Chile. The bank will partner with Latin Gaming, an existing casino operator, to assist in the new venture.»
ASA Bans Online Poker Ad
17 September 2008
The United Kingdom’s Advertising Standards Authority, or ASA, has banned a PKR TV advertisement.»
Last-Minute California Bill Could Ban Bingo Machines
17 September 2008
A California bill, SB 1369, was pushed through the Legislature to the state’s governor, Arnold Schwarzenegger.

Backed by Jim Battin, a Republican senator, and Gil Cedilo, a Democratic senator, the bill allows state charities to conduct Remote Caller Bingo, or bingo games conducted online, while banning smaller charities from raising funds through electronic bingo machines.»