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iGaming News Page 647

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The Top 10s - Poker
20 May 2008
Hitwise's Top 10 "Gambling -- Poker" sites for the week ending May 17, 2008.
The No. 1 sites:
Australia: Pacific Poker
United Kingdom: Pacific Poker
United States: PokerStars.net»
Nambling Notes - May 20, 2008
20 May 2008
Betsson in a reported advertising row with the Icelandic authorities, Devilfish Gaming repositions its operation under Maltese licensure and more.»
Kaplan Files Motion for Release
20 May 2008
Attorneys for Gary S. Kaplan, the jailed founder of BetonSports, on Monday filed a motion for his release from custody, citing two sections of the United States Code.»
I-gaming Firm Offered £500K to Sponsor Cardiff
19 May 2008
CommsDirect, the shirt sponsor of Cardiff City's football team, says it turned down a £500,000 offer from an undisclosed Asian online gambling company that wanted buy the advertising rights for last week's FA Cup final against Portsmouth.»
Netherlands Suspends Betfair Verdict
19 May 2008

The Netherland's Council of State will not give a verdict on the case between Betfair and the Dutch government "within the next two years" according to news agency ANP. The case against the justice ministry, which is refusing a Dutch gambling licence to Betfair, will likely wait until after the European Court of Justice makes a ruling on the case.»

Football Results Boost Ladbrokes
19 May 2008

Betting firm Ladbrokes said profits excluding bets placed by "high rollers" rose 13 per cent in the first four months of the year, boosted by strong growth in football betting and a 26 per cent increase in take from gaming machines. CEO Chris Bell said that the group remains "mindful of general economic conditions", despite seeing no evidence of a consumer downturn.»

Study Says Casinos Affect Bingo Profit
19 May 2008

A new US study says casinos are a big reason for the downturn in bingo profits. Professor Robert P. Strauss of the Carnegie Mellon Heinz School of Public Policy, who oversaw the study, said bingo does not offer the "fancy, glamorous appeal" of casinos, which are now more common and closer to home.»

Foxwoods and MGM Open $700 Million Expansion
19 May 2008
Already North America's largest resort casino, Foxwoods is opening a new $700 million hotel-casino complex in partnership with MGM Grand. The 30-story complex boasts a performing arts theater, restaurants, stores, convention space and the largest ballroom in the Northeast U.S.»
Nambling Notes - May 19, 2008
19 May 2008
NetPlay TV reveals £9.41 million in full-yearly revenue, Rank Group appoints a new M.D. for its Grosvenor Casinos business and more.»
South African Regulatory Bill Inches Closer to Parliamentary Approva
19 May 2008
Interactive Gaming News has learned that the South African National Assembly has endorsed amendments to the National Gambling Amendment Bill. The bill, introduced in December 2006, may this week receive long-awaited parliamentary approval.»
Market Briefs
18 May 2008
A roundup of financial news and company-specific statistics from the week of May 12-16, 2008.»
Gambling Commission Explores In Running Betting
16 May 2008
The UK Gambling Commission has published a consultation paper on in-running betting that is intended to generate debate on the topic and provide the Commission with information on a number of related issues.»
PKR Will Broadcast Online Tourneys Across Europe
16 May 2008
3D poker room PKR.com will begin nightly television broadcasts of some its online tournaments in 12 European countries. In the style of real world poker broadcasts, PKR.com's broadcasts will allow viewers to see all hole cards while listening to expert commentary and analysis.»
Melco PBL Q1 Earnings Reach $43.2 Million
16 May 2008
Melco PBL posted $43.2 million in earnings for the first quarter, a huge improvement compared to the loss of $27.2 million over the same period last year.»
'Round the North American Issues
16 May 2008
The recent Canadian Gaming Summit provided fresh insight into issues of concern to the North American land-based and Internet gambling industries, with highlights including a scathing critique of the U.S. Justice Department by one of I-gaming's most well-known legal experts, as well as a call to terrestrial operators to buck the bricks and delve into the digital.»
Wash. State Attorney Promises Fight to the Finish
16 May 2008
A Washington State attorney has promised to take his fight against the state's online gambling ban all the way to the state Supreme Court if necessary.»
Nambling Notes - May 16, 2008
16 May 2008
Paddy Power shuffles its board, 888 Holdings announces its latest third-party games agreement and more.»
PartyGaming Appoints New CEO
15 May 2008
PartyGaming has appointed Jim Ryan, former chief executive of Excapsa and St. Minver, to fill the chief executive position vacated by Mitch Garber. The company has also created a new managing director position that will be filled by John O'Malia, who was chief executive of Gamebookers before it was purchased by PartyGaming in August 2006.»
Funding For Problem Gambling to Double in Future
15 May 2008
Gambling Commission chairman Brian Pomeroy has highlighted the need for a national strategy to determine what research, preventative education and treatment programmes are needed to tackle problem gambling. Pomeroy also predicted that costs will almost double in the future as a greater number of problem gamblers, prompted by gambling awareness campaigns, present themselves for treatment. For the full report read this week's Coinslot:, available today (Thursday).»
Bwin Posts 11 Million Euros in Profit for Q1
15 May 2008

Bwin's first quarter profit reached 11 million euros, improving by 1.1 million euros compared to the same period a year ago. Sports betting turnover reached 698 million euros, which is an improvement of 12.3 percent compared to the previous quarter and 38.4 percent compared to the first quarter of 2007.»

American Gaming Assoc Publishes Annual Report
15 May 2008
American casinos generated 34.1 billion in revenue in 2007, an improvement of 5.3 percent compared to 2006, according to the American Gaming Association's annual survey of the industry, which it calls the "State of the States."»
PartyGaming Chief Steps down, Board Shuffled
15 May 2008
Mitchell A. Garber, the chief executive of PartyGaming, will step down Friday, three months after announcing a desire to return to North America for family reasons.»
Nambling Notes - May 15, 2008
15 May 2008
WorldSpreads Group completes its listing on the Irish Enterprise Exchange of the Irish Stock Exchange, Gary W. Loveman, chief executive of Harrah's Entertainment Inc., is next in line for Interactive Gaming News' Desktop Conference series and more.»
Probing the Problem
15 May 2008
A recent Harvard Medical School study into several thousand of Bwin's I-casino customers found that 5 percent exhibited potential problem gambling behavior. The study, product of a joint research project between the Vienna-based operator and the medical school’s division on addiction, follows an earlier study that found just 1 percent of Bwin's sports betting customers exhibited the same behavior.»
Billionairio joins Income Access Network
14 May 2008
Unique raffle-style gaming experience offers players the chance to win one billion euros each year as well as 1,200 intermediate cash prizes.»
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