iGaming News Page 616

Poker Star Signs with Purple Lounge
4 September 2008
Stefan Mattsson, a Swedish poker champion, has signed a sponsorship contract with Purple Lounge, an I-poker operator.»
Gtech Signs Contract with Polla Chilena
4 September 2008
Gtech Corporation has signed a seven-year contract with Chile’s Polla Chilena de Beneficencia to provide the Latin American lottery with services and products.»
Sweden Looks at Foreign Gambling Operators
4 September 2008
Sweden’s inquiry commission on gambling issued a proposal that would permit foreign gaming companies to operate within its borders, according to The Local, a Stockholm-based news Web site.»
Markets vs. Communities: Reaching and Retaining the New Consumer
4 September 2008
When you have a group of consumers who all share an interest in a certain line of products, you have a target market, and when those consumers are able to interact and influence each other, you have a community. Electronic commerce does more than let you conduct transactions -- it connects you with consumers.»
Nambling Notes | Sept. 4, 2008
4 September 2008
Sweden looks at outside operators, Belarus lands an online lottery system, PKR.com surpasses two million users and Bingos.com makes a big move.»
Neteller Slow but Sure in Diversification
4 September 2008
While Neteller intends to reduce gradually its reliance on Internet-gambling-related transactions, nearly 83 percent of first-half total revenue still came by way of the company's long-standing online bedfellow.»
Buoyant Playtech amasses $300m war chest
3 September 2008
News Brief: Playtech, the gambling software developer, said it had built up a war chest of more than $300m to spend on acquisitions.»
Fortune Affiliates awarded eCOGRA's new 'Affiliate Trust Seal'
3 September 2008
The new program holds i-Gaming affiliate programs to the same high standards expected of online casino and poker operators. »
Morning Brief: Mixed Fortunes
3 September 2008
While Playtech and Neteller have released upbeat first-half results sets, Betbrokers continues with its administrative demise.»
OPAP Bid on Turkey National Lottery
3 September 2008
Hellenic Organization of Football Prognostics S.A., or OPAP, a Greek lottery system operator, plans make a bid for Turkey’s national lottery, Reuters reports.»
Momentum Builds for World Poker Congress
3 September 2008
World Poker Congress has confirmed more speakers for its third annual event in Budapest on October 29-30.»
South Korean Casino Shares Dip 15%
3 September 2008
Since the South Korean government announced a proposal to double the casino tax by next year, Bloomberg reports that stock for Kangwon Land Inc., the country’s sole casino for local citizens, took a hit.»
Surge in Gaming Contributions for Detroit Congress Members
3 September 2008
Detroit News reports that gaming contributions have been pouring in for Democratic Representatives John Conyers and Carolyn Cheeks Kilpatrick.»
William Hill Corporate Director to Retire
3 September 2008
William Hill, a British bookmaker, has announced the retirement of Ian Spearing, its corporate affairs director, at the end of the year.»
New iPhone Casino Game Launches
3 September 2008

Griffin Technology has launched a casino game for the Apple's wildly popular iPhone and iPod touch called Double Bonus Slots.»

Playtech Revenue Up 85%
3 September 2008
Playtech had upbeat news for investors in its interim report, which ended June 30, 2008. Total revenues for the London-based software developer skyrocketed 85 percent from $44 million in 2007 to $81.4 million.»
Fortune Affiliates Awarded eCOGRA Affiliate Trust Seal
3 September 2008
Fortune Affiliates announced today it is the first I-gaming affiliate program to receive the “Affiliate Trust Seal” of approval from eCOGRA.»
Online Bank Extends European Reach
3 September 2008
Those looking to transfer funds seamlessly across the Continent will have more options today as Ivobank, an online banking service, will now be offered in more countries throughout Europe.»
Former Hockey Champ Signs with PokerStars
3 September 2008
Mats Sundin, the former National Hockey League star, has signed on with PokerStars, an online poker room, to play in live tournaments for charity.»
Nambling Notes | Sept. 3, 2008
3 September 2008
Ivobank expands its online-banking borders, Playtech’s interim report is in, Fortune Affiliates gets the seal of approval, and PokerStars picks up a former hockey champ.»
Fervent M&A Talk Accompanies Upbeat First Half from Playtech
3 September 2008
With abundant speculation these last months over just which businesses Playtech Ltd. will snatch up with its cornucopian war chest, it would appear the company is eying other of its affiliates for future acquisitions.»
Analysts Cautious on Crypto Subsidiary's Chinese Deal
3 September 2008
Mahjong Time, the minority-owned subsidiary of CryptoLogic Ltd., has done a deal in China to offer online, tournament-style mah-jongg across mainland Internet cafes. Given stiff competition and big marketing spend in the Chinese market, however, analysts are cautious with regard to near-term revenue gains for Crypto.»
Morning Brief: Buyout Breakdown?
2 September 2008
While buyout negotiations between Gaming VC and an unnamed third party have been dissolved for the time being, the large swing in share price is not surprising given gains witnessed in April 2008, when the Luxembourg company announced that negotiations were officially underway.»
The Betting Show Slated for Late October
2 September 2008
The Betting Show, a betting industry exhibition, has announced show dates as October 22-23 in Birmingham.»
NYX Interactive Teams Up with Trimark Gaming
2 September 2008
NYX Interactive, a Swedish online gaming software supplier, is putting into effect an earlier agreement with Trimark Gaming, a gaming services supplier and operator.»