Thursday, 4 June 2026

iGaming News Page 623

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Racing Feels the Brunt of Slumping U.S. Economy
1 August 2008
At a time when companies in the online gambling industry are waiting to see if United States legislative efforts will grant them re-entry to the country, the domestic horse racing industry is trying to keep up with devastating changes in the economy.»
Nambling Notes | Aug. 1, 2008
1 August 2008
UIGEA backers in Congress press the Treasury and Federal Reserve for clarification on the definition of "unlawful Internet gambling," wireless Cantor banter abounds and more.»
IGN | Republicans Ask What Exactly is Illegal Internet Gambling?
1 August 2008
Four Republican members of Congress, who supported the Unlawful Internet Gambling Enforcement Act, have written a letter to the heads of the Department of Treasury and the Federal Reserve Board asking for clarification on "unlawful Internet gambling."»
Casino Proposal Sparks Controversy in French Polynesia
1 August 2008
Joinville Pomare, a self-proclaimed member of the former royal family of French Polynesia, has proposed setting up a casino run by the indigenous people as a way to make up for past injustices perpetrated on the native people.»
HKJC Enjoys Record Turnover
1 August 2008
The Hong Kong Jockey Club, which controls all legalized betting in Hong Kong, said on Friday that revenue has surged in two of its three core businesses in the 2007/08 season, which ended in July.»
Survey Says...Iranians Are the Biggest Gamblers
1 August 2008
A United Kingdom-based online gaming site called RummyRoyal has gathered data showing that Iranians are the biggest online gamblers in Asia.»
Republican Congressmen ask for definition of unlawful Internet gambling
31 July 2008
Four Republican Congressmen have sent an open letter to the Treasury Department and the Federal Reserve Board asking for a definition of unlawful Internet gambling before regulations enforcing the law are developed and implemented. »
IRS seizes more than $24 million from payment processors after two-year Bodog probe
31 July 2008
Bodog says impact of seizures is minimal as court documents detailing IRS investigations into the series of companies used by Bodog to pay U.S. customers emerge.»
Morning Brief: Market Madness
31 July 2008
A quick look at Thursday's trading updates, stock exchange releases, results and more.»
IGN- U.S. Seizes $24 Million from Bodog
31 July 2008
The United States government has seized $24 million from bank accounts linked to Bodog Entertainment Group, the ubiquitous franchise best known for gambling and its billionaire front man, Calvin Ayre.»
Rank Reveals 'Litany of Woes'
31 July 2008
First-half revenue for Rank Group, the Maidenhead land-based and Internet gambling operator, fell nearly 10 percent on tough tax rates, a slowdown in consumer spend and lower casino and bingo admissions.»
Las Vegas Sands Post $8.8 Million Loss in Q2
31 July 2008
American casino company Las Vegas Sands reported a net loss of $8.8 million in the second quarter, primarily due to costs related opening new casinos in the U.S. and Macau.»
Mohegan Sun Income Falls 89 Percent in Q3
31 July 2008
The Mohegan Tribal Gaming Autority, owner and operator of the Mohegan Sun entertainment complex in Connecticut and the Pocono Downs in Pennsylvania, posted a net income of $5 million in its third quarter, ended June 30, 2008, an 89 percent decrease compared to the same period a year ago.»
Fate of U.S. I-Gaming Study Bill Still to be Decided
31 July 2008
A bill that proposes a one-year study on Internet gambling conducted by the National Academy of Sciences was not heard by the House Judiciary Committee on Wednesday.»
Crypto Shares Rattled on Tough Trading Update
31 July 2008
CryptoLogic Ltd., the software developer, lost 10 percent of its London share value Thursday after announcing second-quarter revenue is likely to be impacted negatively by seasonality and the 2008 UEFA European Football Championship.»
Whose $24 Million Was That?
31 July 2008
While the facts have not yet been clarified, IGamingNews would here like to point its readers to several important sources of information -- including court documents and opinions of legal experts -- pertaining to the recent allegations involving Bodog Entertainment Group and the United States Department of Justice.»
Canadian MP Will Propose Sports Betting Legislation in Fal
30 July 2008
Joe Comartin, a Canadian MP who plans to introduce legislation that would legalize sports betting in Canadian casinos, has said he would be happy if his legislation were to keep the U.S.-based National Football League away from the country.»
Nambling Notes | July 30, 2008
30 July 2008
World Poker Tour Enterprises does a first-time broadcast deal with India's leading entertainment network, the Elvis slot becomes even more authentic and more.»
In Brief: Feds Seize $24 Million from Bodog
30 July 2008
The United States government has seized $24 million from bank accounts linked to Bodog Entertainment Group, the ubiquitous franchise best known for gambling and its billionaire front man, Calvin Ayre.»
Financing CityCenter Becomes More Difficult
29 July 2008
Global banks' are reportedly wary of providing further financing for the $11.2 billion CityCenter project in Las Vegas.»
From the Editor's Chair | v. 24
29 July 2008
Another big week for the Internet gambling industry, where success is measured in nanometers rather than millimeters. This installment: South Africa's president puts pen to paper on the National Gambling Amendment Bill (we're getting there), the future of ISWI (open-ended) and a look at where Antigua's online gambling industry could be heading (the jury's still out).»
Mexico Lottery to Sell Scratch Card Online
29 July 2008
Adolfo Felipe Blanco Tatto, director general of Mexico's lottery, Pronosticos para la Asistencia Publica, says that within a month his company will for the first time make a lottery product available for purchase over the Internet.»
Aristocrat Builds R&D Center in South Africa
29 July 2008
Australia-based gaming machines and technology provider Aristocrat Leisure says its South African division is building a research and development center in the country to support African and European market requirements.»
Intralot Makes S and P List of High Growth Mid-Size Companies
29 July 2008
Intralot has been named to the 2008 class of Standard & Poor's Global Challengers List, which identifies 300 mid-size companies that the highest potential for growth.»
AsianLogic, C Y Foundation Take Aboveboard Online Offering to P.R.C.
29 July 2008
Despite the fickle Chinese regulatory environment, AsianLogic Ltd. has teamed with C Y Foundation Group Ltd. to launch an online, player-to-player games network targeting the mainland. Here, Thomas A. Hall, chief executive of AsianLogic, discusses with IGamingNews the protocols involved in launching such an offering.»
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