iGaming News Page 632

MP Deems Intralot Launch in Victoria a Disaster
8 July 2008
Michael O'Brien, Victoria's shadow minister for gaming, has called Intralot's launch on the Victorian lottery market a "disaster."»
Weekly Nambling Notes
7 July 2008
A roundup of news briefs from the week of June 30-July 4, 2008.»
EELEX To Address Reformed Conditions in Russia
7 July 2008
The 17th Annual Eastern European Leisure Exhibition, or EELEX 2008, will be held Sept. 9-11 at the IEC Crocus Expo in Moscow, Russia.»
ASA Bans Spiderman Ad
7 July 2008
Britain's Advertising Standards Authority has banned an online gambling advertisement because it depicted Spiderman and may appeal to children.»
Mecca Bingo Strikes Deal for Handhelds
7 July 2008
eQube International Inc., a Reno, Nevada-based electronic bingo solutions provider, has signed an agreement with Mecca Bingo Limited to install handheld e-bingo devices in 21 of Mecca's bingo halls across the United Kingdom.»
Market Briefs
7 July 2008
A roundup of financial news and company specific statistics from June 30-July 4, 2008.»
Bet365 Goes Virtual With Bingo
7 July 2008
Bet365, the United Kingdom online gambling group, has launched online bingo with the help of Virtue Fusion, the bingo software provider.»
GameAccount Scores 'Important' Deal with Blue Square
7 July 2008
GameAccount Global Ltd., a skill games provider in London, on Monday inked a licensing deal with Blue Square, one Dermot Smurfit, GameAccount's chief operating officer, expects will be among the company's largest by revenue and liquidity for the 2008 calendar year.»
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.»
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?»
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.»
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.»
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.»
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.»
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.»
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.»
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.»
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.»
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.»
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. »
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.»
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.»
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.»
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.»
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.»