Wednesday, 24 June 2026

iGaming News Page 608

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GigaMedia Completes Sale of Legacy Business
25 September 2008
GigaMedia Ltd., the Taiwan software developer, has completed the $20 million sale of its legacy cable and Internet service provider business to China Network Systems Company, a cable television service provider also of Taiwan.»
Swedes Sweeten Software Deal
25 September 2008
Entraction Holding A.B., the online poker network operator and software developer, has extended its contract to supply Redbet Holding A.B. with software a further two years.»
Detroit Casinos See Smoking Ban Defeated
25 September 2008
Although the Michigan House of Representatives has voted down a proposed smoking ban on concern it would negatively impact Detroit's casino industry, the bill may still be revisited this year.»
Gtech Hit with D.C. Fine
25 September 2008
Gtech Corporation has been fined $1.4 million by Washington, D.C., over alleged irregularities in the District of Columbia's lottery system.»
Progressive Appoints Interim C.E.O., Outlook Uncertain
25 September 2008
Amid financial uncertainty, Progressive Gaming International Corporation, the casino management systems developer, has appointed Terrance W. Oliver, a board member since 1998, interim chief executive following the departure of Russel H. McMeekin.»
Low Bid May Spark Legal Battle for Tropicana
25 September 2008
Tropicana Entertainment has said it will sue in an effort to block the $700 million "fire sale" of its former property, the Tropicana Casino and Resort in Atlantic City.»
Nambling Notes | Sept. 25, 2008
25 September 2008
GigaMedia completes the $20 million sale of its legacy biz, Entraction and Redbet make it two more years and more.»
EiG: Emerging Markets and Snarky Lawyers
25 September 2008
Any delegates who couldn't face the world after overindulging at the opulent conference party on Wednesday night missed out on an informative final day of EiG 2008.»
Kentucky moves to seize 141 online gambling domains
24 September 2008
Franklin County Circuit Judge Thomas Wingate will be holding a forfeiture hearing regarding domain names to 141 online gambling sites Friday at 3:30 p.m. in Frankfort, Kentucky.»
Neteller Release Upbeat, Shares Indifferent
24 September 2008
Neteller, the online money-transfer company, has announced a number of client wins, joint marketing contracts and upgrades to its e-wallet -- announcements that have earned solid reviews from analysts but, curiously, have gone over neutral with the London market this morning.»
IG Snaps Up Tokyo Forex Trader
24 September 2008
IG Group Holdings, a spread betting operator in London, has raised £82 million via a placing this morning to fund its acquisition of a majority stake in FXOnline Japan K.K.»
EiG Brief: Day Two in the Books
24 September 2008
The weather got sunnier, the issues got cloudier.»
EiG: Legal Issues Still Dominate
24 September 2008
Lawyers, lawyers everywhere, nor any drop to drink! Legal issues dominated the second day of European i-Gaming Congress and Expo in Barcelona and with news coming from the United States of moves in Kentucky to seize gambling domain names it was no surprise that the morning’s opening session on the latest situation in North America was well attended.»
ASA Bans PokerStars Ad
24 September 2008
An ad for PokerStars.com, the popular online poker room, has been banned by the United Kingdom Advertising Standards Authority, or A.S.A., for implying that gambling could make a person more confident and courageous.»
Betfair Goes Green
24 September 2008
Betfair, the London-listed online betting exchange, is committed to cleaning up the world and will begin on Oct. 10 in Malta.»
Ban the US Gambling Industry, Fix the Economy, Gambling Foe Says
24 September 2008
John Kindt, an Illinois University professor of business and legal policy, and long-time foe of gambling of all forms, has suggested that a blanket ban on gambling in the United States would solve the country's economic crisis, The Economic Times reports.»
Ruling Imminent in IGT Says One Analyst
24 September 2008
Sagging stocks for International Game Technology, or I.G.T., the Reno-based slot machine and casino systems manufacturer, this week have led one analyst to believe that an unfavorable ruling may be in the company's future.»
Report Indicates High Instance of Gambling Addiction in Korea
24 September 2008
According to a report released on Tuesday, nearly half of the people banned from Kangwon Land, South Korea's major casino, are self-admitted gambling addicts who sought to be prohibited from the premises, reports Asia Pulse.»
Tacky Plans Put to Rest in UK
24 September 2008
Plans to build a gambling arcade in a historic building in Lancashire, United Kingdom, have been scrapped.»
Ivobank Signs With Unibet
24 September 2008
Ivobank, the world's first I-gaming bank, has signed an agreement with Unibet to be a new payment option for the Sweden-based betting operator.»
Star City Casino Unveils Grand Renovation Plans
24 September 2008
Star City casino, located in Sydney, Australia, has unveiled plans to metamorphose the ugly duckling casino into a harbor-front entertainment and gambling complex that includes a five-star hotel, an all-purpose entertainment venue, which would include a sports betting arena, 17 restaurants and 11 bars.»
Nambling Notes | Sept. 24, 2008
24 September 2008
ASA bans another ad,Betfair goes green and more.»
EiG Brief: To Eat, or to Play?
23 September 2008
Jeanette Kozlowski gives you the skinny on EiG: Day One.»
Mounting a Proper Defense
23 September 2008
Patrick T. O'Brien and George M. Belfield, attorneys with Greenberg Traurig, examine the often unsound strategies employed by I-gaming operators in settling -- or in some instances, ignoring -- civil suits filed in United States courts.»
EiG: Hypercompetitive Industry Means 'Move or Die' for Operators, Party C.E.O. Says
23 September 2008
Looking to catch up on the first day of EiG conference material? Look no further.»
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