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iGaming News Page 636

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Nambling Notes | July 9, 2008
9 July 2008
GBGC suggests struggles for the land-based gambling industry have created significant opportunities for its online cousin, SJM Holdings is set to float next week after Stanley Ho's estranged sister lost a court bid to derail the I.P.O. and more.»
Clarion Launches Asian Gambling Briefing
9 July 2008
Clarion Gaming announces the launch of Asian Gambling Briefing, scheduled for Oct. 21-22 in Singapore. The two-day conference will take a look into the current legislative conditions and future prospects for gaming regulation in the region.»
Victorian Bookmakers Free to Take More Bets Soon
8 July 2008
Victorian bookmakers have been approved to take telephone and Internet wagers 24/7 through changes in the regulatory framework approved by Rob Hulls, the Victorian minister for racing.»
Cantor Gaming Dials M for Mobile in Las Vegas
8 July 2008
Cantor Gaming, the London-based gaming affiliate of Cantor Fitzgerald, has signed an agreement with M Resort, Spa and Casino in Las Vegas to provide mobile gaming technology to the casino, scheduled for completion in the spring of 2009.»
Family Feud May Prevent Ho IPO Again
8 July 2008
Winnie Ho Yuen-ki, the estranged sister of Stanley Ho Hung-sun, chair of SJM Holdings, appeared in a High Court in Hong Kong on Tuesday in an effort to stop the $5.1 billion initial public offering of her brother's Macau-based casino empire.»
Pat Potter Goes Live With BetXTech
8 July 2008
Pat Potter Sports Betting, the newly-licensed United Kingdom-based bookmaker, has employed BetXTech's entire suite of sports betting solutions.»
Nambling Notes | July 8, 2008
8 July 2008
ISWI remains on a knife's edge, having yet to resolve its pressing cash-flow issues, Rank bid rumors are sure to reignite on stakebuilding by Goldman Sachs and more.»
Party Shares Slip 10% on 'Slightly Disappointing' Update
8 July 2008
PartyGaming, the online gambling operator, revealed the departure of Mitchell A. Garber, its former chief executive, will result in a one-time charge of $4 million. Target-price disparities between brokerages, meanwhile, offer mixed signals about the company's mercurial share price.»
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.»
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