iGaming News Page 618

Insights | Social Conservatism Wins the Day?
28 August 2008
IGamingNews asked one of Washington's leading gambling lobbyists whether the momentary indecision of the Republican Platform Committee -- which saw anti-Internet-gambling language temporarily removed from the G.O.P. platform -- was a truly significant development in the long-running United States I-gaming political debate.»
Inteltek Places Best Bid for Iddaa
28 August 2008
Inteltek, a joint venture of Intralot S.A. and Turkcell, placed the best bid today in the ongoing pursuit to renew its contract to operate Iddaa, Turkey's state-administered sports betting game.»
Parlay Entertainment Settles Patent Dispute
28 August 2008
Parlay Entertainment Inc., the Internet and TV bingo software provider, has announced an agreement with 1st Technology, a technology developer, which settles a patent infringement suit brought against Parlay Entertainment by 1st Technology.»
888 First-Half Profit Up 40%
28 August 2008
888 Holdings said its first-half profits soared 40 percent in its interim report for 2008. The Gibraltar-based online casino attributed the profit spike to new games that attracted more customers.»
GigaMedia Sells ISP for $20 million
28 August 2008
GigaMedia Ltd. announced today it has sold its legacy cable and corporate Internet service provider business to China Network Systems for $20 million in cash, reports the Associated Press.»
WagerWorks Releases 3 Wheel Roulette
28 August 2008
WagerWorks, the online subsidiary of International Game Technology, has released 3 Wheel Roulette, a new table game.»
Proposal Restricts Electronic Gaming Licensing in Vietnam
28 August 2008
According to the Vietnam Investment Review, the country’s Ministry of Planning and Investment has a proposal that will cut back on hotels that can provide electronic gaming services.»
Paddy Power Decreases FY Profit Outlook
28 August 2008
Paddy Power, the Irish bookmaker, announced yesterday it will decrease its operating profit outlook for the year from 82 million euros to 72m million euros, according to the company’s 2008 interim results.»
Spain's Basque Region Welcomes First Betting Shop
28 August 2008
Ekasa, a joint venture between Basque gaming companies, opened the Basque region’s first betting shop in Bilbao Tuesday, reports Gaming Intelligence Group.»
Lottery Agreement Signed in Tasmania
28 August 2008
Michael Aird, treasurer and minister for racing for Tasmanian government, has signed an agreement with the Queensland government to facilitate the operation of Queensland-licensed lottery operators in Tasmania.»
Obama-Bingo Launches during Democratic National Convention
28 August 2008
What could be more exciting than watching all the let’s-get-fired-up rhetoric at the United States Democratic National Convention? Playing Obama-Bingo, of course.»
Nambling Notes | Aug. 28, 2008
28 August 2008
Paddy Power, Parlay Entertainment Inc., Inteltek, 888 Holdings and GigaMedia Ltd. are among today’s headline-makers.»
Neteller Building out in Taiwan, Prepaid Card Market
28 August 2008
While Neteller has discontinued offering online-gambling-related payments services to residents of Hong Kong and Macau, the company continues to diversify and rebuild after a difficult 2007 with a merchant offering in Taiwan and, just yesterday, a new prepaid card solution.»
Emerging Offerings Catalyze 888 Growth
28 August 2008
888's emerging offering revenue segment, which comprises bingo, sports betting, live-dealer casino and other products, has driven growth during the first half -- growth analysts expect will continue into the home stretch of this fiscal year.»
Republicans revive anti-Internet gambling provision in platform
27 August 2008
A provision prohibiting Internet gambling was stripped from the Republican platform by a draft committee, and re-inserted hours later Tuesday by the full Republican Platform Committee, according to Congressional Quarterly.»
EiG Announces Affiliate Zone Sessions
27 August 2008
Clarion Gaming, organizers of the European i-Gaming Congress & Expo, has announced additional sessions for the GPWA Conference, part of the recently launched Affiliate Zone.»
Morning Brief: Gibbering and Learning
27 August 2008
Edward J. Ware, the chief executive of 32Red, suggests there are two simple ways of dealing with the disappointment of tough business conditions.»
Q.& A. | Dave McDowell
27 August 2008
IGamingNews chats with Dave McDowell, the founder of GameAccount Global Ltd., about a new breed of fantasy sports betting that his startup intends to market to the bigger names in British bookmaking.»
Casino Is King for 32Red
27 August 2008
32Red continues with its impressive turnaround post-Betdirect. The company's chief executive told IGamingNews that while casino will continue to drive growth, poker has increasingly become a head-scratcher.»
PokerStars Announces Asia Pacific Poker Tour Lineup
27 August 2008
PokerStars’ second round of the Asia Pacific Poker Tour will kick off Sept. 1 with a laundry list of champions along with more than 500 participants.»
India's Playwin to Expand
27 August 2008
Oneindia reports that Playwin, an India-based online lottery and gaming company, is planning to open exclusive gaming outlets in metropolitan districts such as Meghalaya, Nagaland, Arunachal Pradesh and Sikkim.»
CryptoLogic Makes Advances in Asia
27 August 2008
CryptoLogic Ltd., an Irish (they moved to Ireland a year or two ago) online gaming software developer and supplier, has achieved major success in Asia via its partnership with Mahjong Time, an online mah-jongg software provider.»
Entraction Holding Net Revenues Up 48.4%
27 August 2008
Entraction Holding A.B., the Sweden-based software developer, has posted a gain in second-quarter earnings with a net profit of 8.4 million Swedish kronor.»
Betfair Now Offers Ireland Pools
27 August 2008
Betfair, the betting exchange, announced today that customers can now bet directly into the Irish Tote’s pool with their Betfair accounts.»
Lottomatica to Replace Intralot on Chile Lotto Contract
27 August 2008
Lottomatica’s Rhode Island subsidiary, Gtech Corporation, will take the place of Intralot S.A., the Greek lottery operator and gaming technology provider, as the operator of Chile’s state lottery, according to Thomson Financial News.»