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Thursday, 4 June 2026
iGaming News Page 629
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Inspired Gaming Finds a Buyer for Pubs Division
7 July 2008
Inspired Gaming, the United Kingdom-based leisure gaming supplier, has agreed to the sale of its pubs division to Danoptra, the gaming machine operator, Inspired said on Monday in a prepared statement.
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Inspired Hits Record Low on £40 Million Placing Plans
7 July 2008
Inspired Gaming Group, the server-based gaming specialist, has fallen to a historic stock-exchange low on plans to raise £40 million by way of a discounted share placing. Newly shorn of its pubs division, and with a weakening market capitalization, will Inspired become an acquisition target for an opportune I-gaming company looking for a strong position -- via Inspired's clientèle -- on the land-based front?
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One Small Step for France
7 July 2008
France's government has completed another significant step in the process of opening the country to remote gambling following the June 26 delivery of a report titled "Jeux en ligne et menace criminelle," or "Online games and criminal threats," to Eric Woerth, the country's budget minister.
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Special: Bear Market Hits I-Gaming Stocks
4 July 2008
It would appear The Bear has this week ferociously arisen from its den as London's Internet gambling stocks, no doubt abetted by Prime Minister Gordon Brown's Thursday announcement that difficult economic days lie ahead, have taken an absolute walloping.
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Canadian Casinos Could Get Sportsbooks
3 July 2008
Legislators in Canada's federal government and in the provinces are trying to enable sports betting at casinos in Canada, according to the
Toronto Star
.
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Cuando, Cuando, Cuando?
3 July 2008
Inconsistencies between the federal and provincial laws of Argentina may lead to the loosening of restrictions on Internet gambling in the capital city of Buenos Aires.
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LVS Wants to Borrow $7 Billion for Macau
3 July 2008
Various reports indicate that Las Vegas Sands Corp would like to borrow up to $7 billion in loans.
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Sale of Penn National Gaming is Terminated
3 July 2008
The sale of American gaming firm Penn National Gaming for $6.1 billion has been terminated due to the credit crunch and tumbling stock prices.
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Harrahs Buys Carbon Offsets for WSOP
3 July 2008
Harrah's Entertainment, owner and operator of the World Series of Poker has purchased carbon offsets to mitigate the global warming impact from energy use and waste at its six and a half week event at the Rio All Suites Hotel & Casino.
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Nambling Notes | July 3, 2008
3 July 2008
The chairman of Betex leaves the company roughly a year after its chief executive and finance director resign, Senator John McCain waxes wise on Internet gambling and more.
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Upbeat Brokerage Sentiment Doesn't Slow Neteller Dip
3 July 2008
Despite an upbeat first-half trading update and a "buy" recommendation from its broker, shares in Neteller, a British online money-transfer company, fell nearly 8 percent Thursday on the London Stock Exchange.
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Income Access conducting survey on affiliate marketing industry
2 July 2008
Affiliate marketing company, Income Access, is conducting a survey on how affiliate marketers communicate, collect metrics and market their sites. A summary of the results will be available to both affiliates who participate and Income Access clients.
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Mohegan Gains More Shares of Proposed KC Venture
2 July 2008
Mohegan Resorts, which is owned by Mohegan Indian Tribe of Connecticut and its Tribal Gaming Authority, has purchased one third of the shares in a proposed $770 million casino resort project to be built in Kansas City if the bid is successful.
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Mobenga Chief Says Unibet Deal 'Important' to M-Sector
2 July 2008
Christian Rajter, the chief executive of Mobenga, believes Unibet's interest in mobile gambling sends an unambiguous message that major operators are confident in mobile's staying power.
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Hills' Italian J.V. Sold, 'Bigger Priorities for Capital,' F.D. Says
2 July 2008
Upon weighing the risks against the rewards, William Hill and its joint venture partner, Grupo Codere S.A., have sold their entire company, William Hill Codere Italia Srl, to Intralot Italia spa for 5.5 million euros.
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Intralot Buys William Hill Codere
2 July 2008
UK bookmaker William Hill and Spanish gaming company Codere have sold their Italian joint venture business to Intralot, a Greece-based gaming and lottery systems company.
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NJ Appeals Court Affirms Tropicana Decision
2 July 2008
A Court of Appeals in New Jersey has agreed with the state's Casino Control Commission's decision in December to revoke the operating license of the Tropicana Casino and Resort in Atlantic City and to put the property up for sale.
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Smoke Signals
2 July 2008
Holland Casino, a state-controlled gambling operator in the Netherlands, is facing an economic hurdle with the newly enacted smoking ban, as a spokesman for the company told Interactive Gaming News the puffing prohibition will "cost us millions."
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Nambling Notes | July 2, 2008
2 July 2008
SJM Holdings secures the requisite number of retail and institutional orders for its I.P.O. in Hong Kong next week, Daniel Stewart & Co. says "buy" on an anticipated strong half from London Capital and more.
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Progress Slow to Come in Sportingbet's Turkish Tussle
1 July 2008
Still no word on the legal fate of The Sportingbet Two, who have been held in an Istanbul jail since May 28.
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Thais Spend $15.2 Million on Illegal Euro 2008 Bets
1 July 2008
Police in Thailand have arrested over 1,000 people on charges related to illegal gambling on the Euro 2008 tournament.
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Recession Proof Myth Dispelled
1 July 2008
Several newspapers illustrate in painful detail this week the end of the myth that gambling as an industry is immune to slowing economies.
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Nambling Notes | July 1, 2008
1 July 2008
Fluxx A.G. rebrands as Jaxx A.G. and declines comment on rumors of an 888 bid approach, Mobenga partners with Unibet -- its 8th client -- and more.
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City Index Deal Not a Difference Maker for Party, Analyst Says
1 July 2008
With its City Index deal, PartyGaming is trying new markets and looking to partners outside the world of online gambling for growth, but one analyst says a financial spread betting offering may not be a difference maker for the Gibraltar-based operator.
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Thai Betting on Euro 2008 Prompts over 1,000 Arrests
1 July 2008
Police in Thailand have revealed Thai residents wagered over $15 million on the 2008 UEFA European Football Championships, a paltry sum when set against research that predicted Thailanders would spend nearly $1.2 billion betting on the tournament.
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