iGaming News Page 650

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.»
Nambling Notes - May 1, 2008
1 May 2008
Rank shares gain nearly 7 percent on news the U.K. government may give the beleaguered bingo industry needed relief, Lottomatica and Dogan Yayin Holding are set to make a 50-50 Turkish run and more.»
Will It Be Door One, Two or Three?
1 May 2008
A Canadian politician pushing for I-gaming legislative reform has proposed three solutions to Canada's justice minister, which range from market liberalization to a UIGEA-style payments ban.»
Neville Porter Shuts Down Online and Telephone Betting
30 April 2008
Bookmaker Neville Porter has shut down its Internet and telephone betting operations. Just a few days ago the company suspended trading on its shares due to poor trading.»
Clarion Gaming Publishes UK Advertising Report
30 April 2008
A new electronic report from Clarion Gaming lays out all the new rule changes for gambling advertisements in the UK.»
Federal Judge Recommends Kaplan's Tax Evasion, Obstruction Charges Be Dropped
30 April 2008
Gary S. Kaplan, the jailed founder of BetonSports, notched his first victory in federal court Wednesday as a federal magistrate judge in St. Louis, Mo., recommended the U.S. government drop charges of tax evasion and obstruction.»
EGB Preview: Norway
30 April 2008
Norwegian gaming law is founded upon the wish to maintain a moderate and consistent gaming market, entailing little risk for unwanted negative social consequences and crime.»
Desktop Conference: Internet Poker Coming to California?
29 April 2008
Listen to Sue Schneider, chief executive of Clarion Gaming Americas, discuss with California Assemblyman Lloyd Levine the ins and outs of a new bill that could see regulated Internet poker on offer in the Golden State by 2009.»
Global Policy Review - May 2008
29 April 2008
Each month IGN delivers the latest in international policy developments that could affect the I-gaming business. From dealings between nations to actions taken by international organizations, it's a digest of the latest in global policy.»
Bookmakers Prevail in French Tennis Case
29 April 2008
A Belgian court in Liège has handed defeat to the Fédération Française de Tennis (FFT) in its effort to block online bookmakers from taking bets on its tournament.»
Dutch Lotteries Choose Intralot
29 April 2008
Intralot has signed contracts to provide lottery products with both of the leading lottery operators in the Netherlands, De Lotto and De Nederlandse Staatsloterij.»
EC Report Says Online Gaming Susceptible to Fraud
29 April 2008
A European Commission report has identified the online gambling sector as one that is "weak" with regard to susceptibility to fraud.»
Singapore Regulator Appoints CEO
29 April 2008
Singapore's newly-formed Casino Regulatory Authority has appointed T. Raja Kumar as its chief executive.»
State of Ill. Mulling ADW Scheme to Contain Revenue
29 April 2008
Lawmakers in Illinois want the state to join the Internet horse race wagering club.»
Nambling Notes - April 29, 2008
29 April 2008
The European Commission says the gaming and gambling sector has been identified as a "weak area" with regard to payments security protocols, Betsson reveals a 54 percent increase in first-quarter revenue and more.»
Cantor Opens Online Casino
28 April 2008
Cantor Fitzgerald's online gaming subsidiary, Cantor Gaming, has launched its own Internet gambling website, CantorCasino.com.»
Isle of Man to Streamline Gambling Duty
28 April 2008
The Isle of Man's Treasury proposes to update and simplify gambling duty laws on the island.»
EGB Preview: France
28 April 2008
With regard to opening the French online gaming and betting market, the presidency has yet to decide on the "hows," but the process is now irreversible.»