iGaming News Page 650

Canadian Gaming Publishes Gambling Impact Study
9 April 2008
With the publication of a comprehensive gambling impact study this week, the Canadian Gaming Association (CGA) calls itself "the country's largest and most economically significant entertainment industry."»
CrypoLogic Moves in to Korea
9 April 2008
CryptoLogic, a Dublin-based Internet gaming software developer, has made another strategic investment in the Asian region.»
CryptoLogic Enters Korean Market
9 April 2008
CryptoLogic has made another strategic investment in the Asian region by taking a minority interest in South Korea's Mobilebus Inc., a mobile and PC game developer and publisher.»
Nambling Notes - April 9, 2008
9 April 2008
Bwin files a suit against the French Tennis Federation, Betfair calls for a worldwide anti-corruption for sport and more.»
Betfair to Market Tote Tasmania Internationally
8 April 2008
Betting exchange operator Betfair has struck a deal to distribute Tote Tasmania's betting products to its international client base.»
888 'Solid' in 2007, 'Bullish' on Growth in 2008
8 April 2008
888 Holdings, the online gambling operator, on Tuesday revealed a 36 percent rise in net revenue across 2007, a growth rate which Gigi Levy, the group's chief executive, is "bullish" on pushing into this financial year.»
Ads Disagreement Delays Online Gambling Legislation in South Africa
8 April 2008
South Africa's National Gambling Amendment Bill, which would license and regulate online gambling, has been put on hold while Members of Parliament continue to argue about whether or not to permit licensed operators to advertise in South Africa.»
Gtech Acquires St. Minver
8 April 2008
Gtech has agreed to purchase 90 percent of St. Enodoc Holdings, parent company of online bingo operator St. Minver.»
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.»