Thursday, 4 June 2026

iGaming News Page 626

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Selling Suddenly Sputters in Ladbrokes, Hills
18 July 2008
Heavy selling in William Hill and Ladbrokes ground to a halt this week as both companies regained a vestige of their previous form -- the latter on rumored stake building by the Irish investment trio of Dermot Desmond, J.P. McManus and John Magnier.»
McDermott Bill Riding on Slim Chance, Lawyer Says
18 July 2008
A plan to direct $40 billion from Internet gambling revenues to new social assistance programs in the United States has been introduced this week in Washington, D.C., but one legal observer said the idea is not enough to win over the opposition.»
Weekly Nambling Notes
17 July 2008
A roundup of news briefs from the week of July 7-11, 2008.»
Market Briefs
17 July 2008
A roundup of financial news and company-specific statistics from July 7-11, 2008.»
Macau Limits Stay Period of Mainland Chinese
17 July 2008
Macau's government has imposed tighter travel restrictions on mainland Chinese visiting the city.»
The Top 10s | Gambling
17 July 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending July 12, 2008.
The No. 1 sites:
Australia: TAB Racing
Hong Kong: HKJC Football Betting Ltd.
Singapore: Singapore Pools
United Kingdom: The National Lottery
United States: Florida Lottery
»
The Top 10s | Poker
17 July 2008
Hitwise's Top 10 "Gambling -- Poker" sites for the week ending July 12, 2008.
The No. 1 sites:
Australia: Pacific Poker
United Kingdom: PKR Poker
United States: World Series of Poker»
Tote Ireland Products Now Available in Ladbrokes Shops
17 July 2008
Ladbrokes and Tote Ireland have entered into a partnership that enables customers at Ladbrokes' Irish betting shops to bet into live Tote pools in Ireland and the UK.»
Editorial: The Space Between
17 July 2008
Christel Sommervold, the director of iGaming Academy in Malta, in this editorial examines the difficulties inherent in relations between Internet gambling companies and the jurisdictions from which they operate.»
New Conference Explores Legal Opportunities in North America
17 July 2008
The Next Generation in Gambling (NGG) conference and exposition will take place July 29 and 30 in Montreal, Canada.»
Betting Companies Challenge NSW Ad Law in Aussie High Court
17 July 2008
Last week Betfair and Sportingbet Australia filed a legal challenge in Australia's High Court against New South Wales rules that prohibit the companies from advertising in the state.»
Insights: Land Lobby to the Rescue?
17 July 2008
With the United States economy on the downturn, and the country's land-based casino industry suffering, IGamingNews asked the experts whether the American casino lobby will press for online gambling liberalization to slow, or even stop, the revenue hemorrhage.»
Nambling Notes | July 17, 2008
17 July 2008
Less than two weeks to go before Clarion's Next Generation in Gambling conference launches, the EGBA launches a new responsible gambling code and more.»
Ho Float Undersubscribed; Duetsche Bank Rescues
16 July 2008
Shares in Sociedade de Jogos de Macau (SJM), the casino company run by Stanley Ho, began trading on the Hong Kong Stock Exchange Wednesday.»
Consumer Research Advises Legalization in Canada and U.S.
16 July 2008
A new research study finds that online gambling has the potential to become more habitual than casino gambling. The study suggests that Canada and the U.S. should legalize online gambling in order to better regulate it and reduce the potentially harmful effects.»
Breaking News: New U.S. Bill Seeks to Supplement Suffering Sectors
16 July 2008
Representative Jim A. McDermott, Democrat of Washington, on Tuesday introduced legislation to direct $40 billion of Internet gambling revenue over the next 10 years to job training for those in declining economic sectors and educational assistance for youth in foster care.»
IGN | U.S. Bill Proposes Tax and Regulation to Ease Economic Woes
16 July 2008
Representative Jim A. McDermott on Tuesday introduced legislation to direct $40 billion of Internet gambling revenue over the next 10 years to job training for those in declining economic sectors and educational assistance for youth in foster care.»
Wynn Begins Staffing for Encore on the Strip
16 July 2008
This weekend Wynn Resorts Limited will begin hiring for 5,300 positions at Encore, its brand new casino resort complex on the Las Vegas Strip, adjacent to Wynn Las Vegas.»
New Macau Rule Requires Foreign Workers to Wear Different Uniforms
16 July 2008
Casinos in Macau will soon be required to distinguish their foreign workers from local ones by making them wear different uniforms or badges.»
Acquisitive Playtech Reveals Strong Second-Quarter K.P.I.s
16 July 2008
On its second-quarter key performance indicators, Playtech Ltd. continued to outperform with record year-over-year growth in total revenue. Quarter-on-quarter growth in the company's core casino business was strong, while growth in poker remained unchanged -- financial behavior about which analysts drew different conclusions.»
SJM Completes Long-Anticipated I.P.O.
16 July 2008
Dogged by 37 lawsuits and copious servings of drama, Sociedade de Jogos de Macau Holdings Ltd., a casino company part-owned by Stanley Ho Hung-sun, finally went to market in a $493.5 million float Wednesday.»
Nambling Notes | July 16, 2008
16 July 2008
TrackBets International begins negotiations on a Web-based simulcasting J.V. in Brazil, GameAccount scores its second licensing deal in as many weeks and more.»
Vegas Revenue Falls 16 Percent in May
15 July 2008
Gaming revenues in Nevada continued to slump throughout the month of May, according to data released by the state's Gaming Control Board.»
Atlantic City Gaming Revenue Falls 11 Percent in June
15 July 2008
Gaming revenue at the 11 casinos in Atlantic City, New Jersey fell to $373.6 million in June, an 11 percent drop compared to the same period last year, according to Atlantic City's Casino Control Commission.»
SkyCity Says Will Meet Yearly Profit Expectations
15 July 2008
New Zealand-based SkyCity Entertainment Group says it will meet its after-tax profit expectations of between $108 million and $110 million for the year ended June 30.»
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