iGaming News Page 647

Seaside Luxury Casino Resort Planned in Vietnam
8 April 2008
Oaktree Capital Corporation, a US-based investment management company is planning to build a $5 billion seaside luxury casino resort in Da Nang, Vietnam.»
Wi-Fi Access Through a Coinslot
8 April 2008
Germany-based FMN Communications has developed a coin-operated Wi-Fi hotspot terminal that lets customers buy Internet access by the minute.»
Nambling Notes - April 8, 2008
8 April 2008
Global Interactive Gaming Ltd., a subsidiary of Interactive Systems Worldwide, Inc., is set to become cash-flow positive, Ladbrokes will air televised spots in support of its online casino and more.»
Market Briefs - March 31-April 4, 2008
7 April 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Sports Betting: From Product to Presentation
7 April 2008
Sports betting is no longer about sports betting: Arguably, this would be the overriding conclusion drawn from two days of presentations and discussion at the recent Bet-Markets conference in Vienna.»
Nambling Notes - April 7, 2008
7 April 2008
The Richardson family, the U.K.-based private property investors, up their holding in Rank Group, Betbrokers launches BetBrokersBinaries.com on a buy note from Daniel Stewart & Co. and more.»
Tasmanian Tote Goes International via Betfair Deal
7 April 2008
Betfair, the betting exchange operator, has struck a deal with Tote Tasmania to distribute the group's betting products to Betfair's international client base.»
The Top 10s
7 April 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending April 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.»
Nambling Notes - April 4, 2008
4 April 2008
Svenska Spel announces a new chair, Guoco Group Ltd. is mum on its Rank ambitions and more.»
Insights: Western Australia
4 April 2008
Betfair will resume taking bets from West Australian residents on Saturday and has repeatedly said it has no intention of undermining the state's racing industry, but industry members have argued deregulation risks future funding of racing. IGN asked the experts what impact the decision could have on the Western Australian racing industry now that punters can place Internet and telephone bets with Betfair's exchange in Tasmania -- without the threat of hefty fines.»
News analysis of Wednesday's hearing on UIGEA regulations
3 April 2008
Casino City weighs in on the U.S. House Finance Committee's hearing that took place in Washington, D.C. on Wednesday and explains that while the UIGEA regulations are poorly constructed and nearly impossible to enforce, the bill has not been killed. »
Dutch Senate Votes Down I-Gaming Proposal
3 April 2008
Holland Casino saw its Internet ambitions dissolve Tuesday as the Dutch Senate, by a narrow margin, voted down a proposal that would have given the state-licensed operator a three-year exclusive license to offer I-gaming services to Dutch residents.»
Gtech to Take 90% Stake in St. Enodoc
3 April 2008
Gtech, the U.S.-based subsidiary of Italy's Lottomatica, has agreed to take a 90 percent stake in St. Enodoc Holdings, parent company to St. Minver, the online operator.»
Nambling Notes - April 3, 2008
3 April 2008
Genting Berhad confirms a rumored $959 million offer for Rank Group is not in the works, Neteller establishes a joint venture with Centricom Pty Ltd. and more.»
Nambling Notes - April 2, 2008
2 April 2008
Holland Casino's Internet ambitions end by a slim Senate margin, Boss Media acquires Dynamite Idea and more.»
UIGEA Rules Troublesome for Fed, Treasury
2 April 2008
Testimony from the Federal Reserve and Treasury suggests the Unlawful Internet Gambling Enforcement Act's ambiguous language and architecture, well-documented during the public comment period, are posing problems for rule writers trying to interpret and clarify the law's intended objective.»
Crypto to Invest up to $2.5 Million in Mahjong Time
1 April 2008
CryptoLogic announced today that it has agreed to invest up to $2.5 million in Mahjong Time, an online software supplier, for a significant minority stake.»
Advertising Still Divides South African Legislature
1 April 2008
South Africa's National Gambling Amendment Bill was amended last week by the National Council of Provinces (NCOP) to allow licensed online gambling operators to advertise in the country. But the National Assembly (NA), which must give final approval to the amendment, is still insisting on a blanket advertising ban, according to a government insider.»
Live from Bet-Markets: Day Two
1 April 2008
Lawyers and legal issues dominated the second day of the Bet-Markets conference in Vienna. Most of the morning was taken up with a series of round table discussions hosted by legal experts from different jurisdictions, among them Italy, France and Sweden.»
Gambling Film Dominates Box Office
1 April 2008
"21," a movie about casino gambling, dominated the North American box office in its opening weekend, reaping $23.7 million in ticket sales.»
NSW Wants to Work with Betfair
1 April 2008
Government authorities in New South Wales say Australia's High Court approves of its plan to tax and regulate online betting exchange Betfair. NSW's announcement follows closely on the heels of last week's High Court ruling that a Western Australian law banning residents from wagering on betting exchanges is unconstitutional.»
US vs. BetonSports - Not Gone, but Forgotten
1 April 2008
After weeks of inactivity for the United States' case against persons involved with BetonSports.com, the former online operator, the government today revealed the reason for the delays: The court simply forgot about the case.»
Gamcare and eCOGRA Train Managers on Problem Gambling
1 April 2008
UK problem gambling charity GamCare joined with eCommerce and Online Gambling Regulation and Assurance (eCOGRA) last week to train close to 40 online casino managers from around the world on how to identify and handle problem gambling.»
Net Entertainment Signs New Dea
1 April 2008
NetEntertainment has agreed to supply its CasinoModule platform to Smart TV Broadcasting Ltd. and an unnamed bingo group, which operates sites bingoliner.com, bingocafe.com and bingocabin.com»
iMEGA Files Notice of Appeal on UIGEA Enforceability Ruling
1 April 2008
As promised, the Interactive Media Entertainment and Gaming Association (iMEGA) is appealing its case against the U.S. government over the enforceability of the Unlawful Internet Gambling Enforcement Act.»