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iGaming News Page 646

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Market Briefs
9 June 2008
A roundup of financial news and company-specific statistics from June 2-6, 2008.»
Rethinking the Slot Machine for New Markets
9 June 2008
The next breakthrough strategy for increasing revenue in Macau casinos might involve gaming machines specifically tailored for the unique traits of Asian cultures.»
Turkey to Privatize National Lottery
9 June 2008
Turkey has initiated plans to privatize its national lottery, Milli Piyango, and the right to operate the lottery shall be put to international tender.»
Alderney Welcomes GameAccount and Parlay
9 June 2008
Alderney's Gambling Control Commission has awarded an Associate Certificate to skill-based games provider GameAccount. The certification means that Alderney-based gambling operators can now use GameAccount's software and systems.»
Nambling Notes - June 9, 2008
9 June 2008
Virgin Games relocates to Guernsey, new developments in the murder of Adam Anhang, the former chief executive of CWC Gaming, and more.»
Pinnacle Entertainment President Resigns
6 June 2008
Wade Hundley, president of American casino company Pinnacle Entertainment, has chosen to resign rather than relocate to Las Vegas from his home in Dallas.»
Harrahs Cannot Take Bets on NBA Finals
6 June 2008
Harrah's Entertainment, the world's largest casino operator in terms of revenue, is unable to take bets on the National Basketball Association's championship series between the Boston Celtics and the Los Angeles Lakers because chief executive Gary Loveman bought a 2.4 percent stake in the Celtics last year. NBA rules prevent Harrah's from taking any bets on the Celtics whatsoever.»
PokerTek Installs More Tables for Loto-Quebec
6 June 2008
PokerTek, Inc., a company that supplies automated poker tables, has installed four of its PokerPro tables at Loto-Quebec's Ludoplex at Trois-Riveres. The company has now installed a total of 55 automated PokerPro tables in Quebec through its partnership with gaming operator Loto-Quebec.»
Questions Linger over Sportingbet's Turkish Future
6 June 2008
In the wake of two arrests in Turkey, and having scaled back its operation targeting the country, Sportingbet will for the meantime carry on with Superbahis.com, an offering that has proven successful in a Turkish online market slim on commercial operators.»
Research Shows Efficiency of NZ Chariable Trusts
5 June 2008
New research in New Zealand indicates that the country's charitable gambling trusts are allocating their funds toward appropriate projects.»
Genting to Build £90 Million Casino in Birmingham
5 June 2008
After a year-long tender process, Birmingham's National Exhibition Centre Group has chosen Genting Stanley to build and operate a £90 million casino resort complex.»
Poker Room Approved for Manchester City Centre
5 June 2008
Licensing Magistrates have awarded a license for the operation of a dedicated poker room in Manchester City Centre.»
IGT Purchasing Cyberview Technology
5 June 2008
UK gaming machines and systems supplier Cyberview Tech has signed a conditional agreement to sell its business to International Game Technology for £38.8 million ($76 million) in cash.»
Breaking News: U.S. Justice Dept. in $9.1 Million Deal with Citadel Parent Co.
5 June 2008
ESI Entertainment Systems Inc., the parent company of money transfer provider Citadel Commerce Corp., has agreed to pay the United States government more than $9.1 million to avoid prosecution for processing online gambling transactions in the United States.»
Nambling Notes - June 5, 2008
5 June 2008
Cantor Gaming goes live with Internet poker, William Hill beefs up its data-protection protocols and more.»
Kaplan Awaits Final Ruling on Tax Evasion, Obstruction Charges
5 June 2008
In the federal case against BetonSports, the United States will not object to recommendations that tax evasion and obstruction charges be dismissed against Gary S. Kaplan, the company's jailed founder, according to court documents filed Monday.»
Microgaming, Intertops.com celebrate 10 years together
4 June 2008
Microgaming and Intertops.com are today celebrating an unprecedented ten-year partnership with the announcement that two lucky players will be getting a taste of the highlife.»
Antigua-U.S. Settlement Deadline Extension Likely, Lawyer Says
4 June 2008
Representatives from the twin-island nation of Antigua and Barbuda do not expect to see a settlement with the United States government over its remote gambling ban by Friday.»
Sportingbet Strategy Yields Solid Q3 Performance
4 June 2008
Sportingbet says it performed solidly in its third quarter (ending April 30), posting £19.0 million in profit over the period.»
Electronic Bingo Machines Under Scrutiny in California
4 June 2008
Two charity organizations and a company that make electronic bingo machines have joined forces to file a federal complaint against a new ban on the machines in California.»
Crown Las Vegas- Not Happening
4 June 2008
Crown Ltd and its partners have abandoned plans to build the world's tallest casino in Las Vegas after failing to secure enough investment in the project. The partners were unable to come up with enough money before the expiration of their option to purchase an 27.5-acre plot of land at the north end of the Las Vegas Strip.»
Insights: U.S. Supreme Court Rulings to Help BetonSports?
4 June 2008
Two United States Supreme Court rulings could make it trickier for prosecutors to prove money laundering.»
GamCare Accredits Employee Training Program
4 June 2008
iGaming Academy, a Malta-based provider of training programs for iGaming operators, has obtained certification from GamCare, the UK problem gambling charity.»
Nambling Notes - June 4, 2008
4 June 2008
Betsson says Sweden's National Gambling Board has taken issue with its newly opened betting outlet in Stockholm, IG Group expects full-yearly revenue to rise 50 percent and more.»
Roland Garros Ruling 'Relatively New' to French Case Law, Lawyer Says
4 June 2008
Not two months after France's president said the country would see a controlled opening of its betting market, a Paris court's decision to block foreign online gambling operators from the French Open could set a dangerous legal precedent in Europe.»
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