iGaming News Page 634

Guoco Increases Stake in Rank Again
13 June 2008
Guoco Group, a Malaysia-based investment and financial services company trading on the Hong Kong Stock Exchange, has purchased more shares in UK gambling operator Rank Group, bringing its total ownership of Rank up to 12.67 percent.»
Victor Chandler Support Staff Detained in Malaysia
13 June 2008
An unknown number of Victor Chandler International's support staff has been arrested in Kuala Lumpur, Malaysia, IGamingNews.com has learned.»
Follow the Money
13 June 2008
In the United States, gambling issues drew upwards of $6.98 million in lobbyist spending in the first quarter of 2008.»
Victor Chandler Support Staff Detained in Malaysia
13 June 2008
An unknown number of Victor Chandler International support staff has been arrested in Kuala Lumpur, Malaysia, Interactive Gaming News has learned.»
Nambling Notes - June 13, 2008
13 June 2008
The six-year dispute between Ladbrokes and De Lotto heads to the European Court of Justice.»
Source Code Escrow
12 June 2008
Here's a nightmare you'll wish would end with you waking up. Your company spends $500,000 to license some software. Then the company you paid half a million dollars to goes bankrupt. Now you have $500,000 worth of orphaned software. I'll take a rain check on being you while you're explaining this one to the board.»
Norway Limits Video Gambling Machine Use
12 June 2008
Norway's Ministry of Culture and Churches has introduced a more restrictive national policy on video gambling machines in an attempt to reduce and prevent problem gambling.»
Harrahs Introduces Highly Interactive Bar Tables
12 June 2008
Harrah's has begun using new touch-screen bar tables that let customers play games, order drinks, watch videos and even flirt with one another. Designed by Microsoft, the tables will give Harrah's important information about its customers that could be used to enhance its customer rewards program.»
Nambling Notes - June 12, 2008
12 June 2008
Gaming VC Holdings goes live with its Spanish-language online bingo offering, Guoco Pty Ltd. once again ups its stake in Rank Group and more.»
Partouche Posts 4 Percernt Drop in Q2 2008 Sales
12 June 2008
French casino operator Groupe Partouche reports sales of 113.7 million euros for the second quarter of 2008, a 4.2 percent drop compared to the same period last year.»
France to Sell Part of Francaise des Jeux
12 June 2008
France's government says it will sell a stake in lottery company Francaises des Jeux, which is 72 percent owned-by the state.»
IGT Goes Mobile with Yet Another Acquisition
12 June 2008
IGT-UK, a subsidiary of Las Vegas-based gaming machines and technology provider International Game Technology, has acquired Manchester-based mobile gambling software provider Million-2-1 for an undisclosed sum.»
China's Largest Ever I-Gaming Trial Reportedly Underway
12 June 2008
A trial reportedly involving 20 people with suspected connections to an illegal online gambling ring is underway in Kunming, the capital city of China's Yunan Province.»
Online Gambling Trial Begins in China
11 June 2008
The prosecution of what is thought to be the largest case of alleged illegal online gambling in China began in Yunnan Province today, according to local newspaper Kunming Daily.»
Gaming Win Falls in Nevada; Rises in Atlantic City
11 June 2008
Casinos in Nevada won just over $1 billion from gamblers in April, which is a 5.1 percent decrease compared to the same month last year. Casinos in Atlantic City, on the other hand, experienced a win increase of 1.6 percent in the month of May compared to the same period last year.»
Class Action Suit Blames Ontario Self Exclusion Program
11 June 2008
A $3.5 billion class action lawsuit has been filed in Toronto this week on behalf of thousands of gambling addicts who registered for self-exclusion but have continued gambling at Ontario Lottery and Gaming Corporation (OLG) casinos.»
Churchill Downs Tests New Type of Wager
11 June 2008
Kentucky-based horse racing operator Churchill Downs has begun testing a new bundled wager that covers all of the win, exacta and trifecta possibilities for three horses.»
Nambling Notes - June 11, 2008
11 June 2008
William Hill looks to resuscitate its interactive division, WorldSpreads reveals an 81 percent rise in full-yearly net profits and more.»
South African Regulatory Bill Faces Delays
11 June 2008
South Africa's Department of Trade and Industry will soon begin consultations on the draft regulations for the National Gambling Amendment Bill. However, it will likely be this time next year before the bill is completely operational.»
The Top 10s - Gambling
10 June 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending June 7, 2008.
The No. 1 sites:
Australia: TAB Racing
Hong Kong: Hong Kong Jockey Club - Bets
Singapore: Singapore Pools
United Kingdom: The National Lottery
United States: Florida Lottery
»
The Top 10s - Poker
10 June 2008
Hitwise's Top 10 "Gambling -- Poker" sites for the week ending June 7, 2008.
The No. 1 sites:
Australia: Pacific Poker
United Kingdom: LadbrokesPoker.com
United States: PokerStars.net
»
Tropicana Finds New Board and CEO
10 June 2008
William J. Yung III has resigned as chief executive of U.S. casino operator Tropicana Entertainment Holdings to be replaced by company president Scott C. Butera. Both Yung and Butera will sit on a newly-formed board of directors that will guide Tropicana through a restructuring following the bankruptcy of its Atlantic City casino and resort property.»
WPT Looks for New Home on U.S. TV
10 June 2008
World Poker Tour Enterprises says it is in discussions with several major U.S. television networks to broadcast programming for its seventh season of the World Poker Tour following the expiration this weekend of GSN's option to exclusively product the show.»
Intralot Partners with Ho Chi Minh City Lottery
10 June 2008
Greece-based lotteries and betting systems provider Intralot signed a Memorandum of Understanding with Ho Chi Minh City Lottery Company during the Greek-Vietnamese Business Forum in Athens this week.»
'Sufficient Detail' on France's 'Controlled Opening' Still to Come, Experts Say
10 June 2008
The French government has agreed to begin licensing online betting and gaming operators in the fall of 2009 following discussions with Charlie McCreevy, the European internal market and services commissioner. However, the government's proposal is far from complete, experts say.»