iGaming News Page 645

Playtech Posts Results of Record Quarter
7 May 2008
Playtech has published financial results for the first quarter of 2008, boasting record quarterly revenues of $39 million, representing a 97 percent increase on the $19.8 million earned in the first quarter of 2007 and an increase of 19 percent on the $32.7 million achieved in the fourth quarter of 2007.»
Nambling Notes - May 7, 2008
7 May 2008
Global Betting and Gaming Consultants calls the first quarter of 2008 the "largest on record" for the industry, PartyGaming goes live with the first of its film-branded slots and more.»
Mecca Bingo Brings Down Rank Revenue
7 May 2008
Rank Group reports a 16 percent decline in revenue in its Mecca Bingo business, compared to the same period last year.»
Elecronic Game Card Patents in Japan and Europe
7 May 2008
Electronic Game Card, a company that produces promotional games for the lottery and casino industries has received patent awards in Europe and Japan for its lead product, the Electronic Gamecard.»
Playtech at 'Front of Industry' on Record First-Quarter Revenue
7 May 2008
After nearly doubling first-quarter revenue against the previous-year period, Mor Weizer, chief executive of Playtech Ltd., said the company will continue its bullish push for new licensees after signing nine in 2008 alone.»
Prevalence Rate in UK Remains Unchanged
6 May 2008
A Gambling Commission survey into the prevalence of remote gambling among people in the UK finds that about 8.8 percent of adults surveyed said they had participated in some form of remote gambling in the previous month.»
Live Blackjack to Launch on BSkyB
6 May 2008
Interactive media firm NetPlay TV has purchased Channel 848 on the Sky network to launch its new "Live BlackJack" product, reports eGamingReview.»
Tropicana Files for Bankruptcy
6 May 2008
American casino operator Tropicana Entertainment, a privately-owned company, filed for bankruptcy yesterday.»
Consumptive Control?
6 May 2008
For those I-gaming operators looking with hope to the Chinese market as a source of future growth, Edmund Ho Hau-wah's recent decision to cap the number of casino gaming licenses does not augur well. While the issuing of casino licenses might appear to have little relevance to online operators, the decision by Macau's chief executive is the latest in a series of developments that suggest Chinese authorities still harbor concerns about gambling in general.»
Nambling Notes - May 6, 2008
6 May 2008
NetPlay TV is set to launch its live, televised blackjack offering, Tipp24 reveals a 22.3 rise in first-quarter revenue and more.»
Bintan Casino Plan Still Pending Approva
5 May 2008
A plan to create a legal gambling zone in Lagoi, a tourist area in Bintan, Indonesia, is still awaiting government approval, according to
The Jakarta Post.»
Kentucky Derby Betting Falls
5 May 2008
Churchill Downs Inc reports a 3.2 percent drop in Kentucky Derby wagering to $114.6 million compared to 2007's $118.3 million.»
Foxy Bingo Awards £50,000 Jackpot After Mistake
5 May 2008
Foxy Bingo has paid out a £50,000 cash prize after mistakenly posting the wrong guaranteed jackpot sum on its website.»
Nambling Notes - May 5, 2008
5 May 2008
Members of Sweden's Moderate Party call for the abolition of Svenska Spel's monopoly on gambling, GoldBet Sportwetten is soon to join the Entraction Poker Network and more.»
Football Association in Irregular-Betting-Pattern Probe
5 May 2008
The English Football Association is investigating a reportedly suspicious fixture featuring Accrington Stanley F.C. and Bury F.C., members of Coca-Cola Football League Two.»
The Top 10s
5 May 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending May 5, 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: Blingo
View the complete lists.»
PartyGaming First-Quarter Revenue up 21% (Update 1, GBGC Comment)
4 May 2008
PartyGaming, the online gambling operator, said it was confident about its full-year prospects after revealing a 21 percent rise in first-quarter revenue.»
UK Government Will Not Lift VAT
2 May 2008
The UK government said today that it will not remove VAT on bingo clubs.»
PartyGaming Revenue Rises 21 Percent in Q1
2 May 2008
PartyGaming revealed a 21 percent increase in revenue in the first quarter of 2008 to $128.9 million from $106.2 million a year ago.»
WSOP Final Table Delayed to Improve Broadcast Program
2 May 2008
World Series of Poker organizers have decided to suspend playing for the No Limit Texas Hold'em Main Event once the pool competitors is whittled down to a single table. The action begins in July, but the final table will be postponed until November in order to create a better television broadcast on ESPN.»
Down, but not out
2 May 2008
While rumor has that Denmark will be the next European jurisdiction to liberalize sectors of its online gambling market, Henrik Norsk Hoffman, an attorney with Lett, a Copenhagen-based firm, said it's a little too soon to get excited.»
Las Vegas Sands Courts Les Ambassadeurs
1 May 2008
Las Vegas Sands boss Sheldon Adelson is reportedly in "advanced talks" to purchase London casino operator Les Ambassadeurs for around £75 million.»
Betting Suspension Puts IFA in Difficult Position
1 May 2008

The Irish Football Association said it had been put in a "very difficult position" following the suspension of betting on an Irish League match over the weekend. Bookmakers say suspicion was aroused after an "unusual" number of bets were placed on the Glenavon v Armagh City game, which eventually resulted in a 5-0 win for the home team.»

Aristocrat Announces Flat Earnings
1 May 2008
Share prices in Aristocrat Leisure fell eight percent after the Australian slot machine manufacturer predicted this year's earnings would be broadly in line with those of 2007. Analysts, who had forecast a 10 percent rise in net profits for 2008, said the news was "effectively a profit downgrade".»
Lottomatica Partners with Turkish Firm
1 May 2008
Italian gaming group Lottomatica signed a memorandum of understanding with Turkey's Dogan Yayin Holding to jointly bid in the tender for Turkish sports betting firm Iddaa. The two firms agreed in principle to a 50-50 partnership with the aim of creating a company or consortium for the bid.»