Wednesday, 24 June 2026

iGaming News Page 652

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UIGEA 'Burden without Benefit?' Hearing Set for April 2
25 March 2008
Six months ago, the proposed regulations for the UIGEA were released -- next week, U.S. lawmakers and a select group of witnesses will meet to review the rules in a hearing transparently titled "Proposed UIGEA Regulations: Burden without Benefit?"»
GigaMedia Says No Basis to Street Report
25 March 2008
GigaMedia said this morning that its Canadian operation, via its Kahnawake license, is "reliable and stable," following a report Monday suggesting the group could absorb a near-term revenue hit on the back of proposed changes in Canadian I-gaming regulation.»
Netplay launches Celebrity TV Bingo
25 March 2008
Greg Scott, Jim Bowen and comedians Cannon and Ball have been named presenters of the forthcoming Celebrity TV Bingo program that will air daily on Sky Channel 847 in the UK.»
House Subcommittee to hold UIGEA Hearing
25 March 2008
Six months ago, the proposed regulations for the UIGEA were released -- next week, U.S. lawmakers and a select group of witnesses will meet to review the rules in a hearing transparently titled "Proposed UIGEA Regulations: Burden without Benefit?"»
Nambling Notes - March 25, 2008
25 March 2008
888 goes out-of-house in a games development deal with NextGen Gaming, Victoria is set to introduce self-limiting player protection statutes for pokies operators in 2010 and more.»
The Top 10s
24 March 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending March 22.
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.»
Market Briefs - March 17-21, 2008
24 March 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Weekly Nambling Notes
24 March 2008
A roundup of news briefs from the week of March 17-21, 2008.»
WorldSpreads Mulls Second Listing in Dublin
24 March 2008
Spread betting firm WorldSpreads is considering a dual listing in Dublin this year.»
Nambling Notes - March 24, 2008
24 March 2008
70 percent of Americans believe that gambling is not "sinful," New Zealand is reportedly set to take lottery sales online and more.»
2.4 Million Visitors to Macau in February
24 March 2008
Macaus's Statistics and Census Service says more than 2.4 million people visited the gambling haven this February. It's an 11.6 percent increase over the same period last year.»
Still to be Settled
21 March 2008
South Africa's National Gambling Amendment Bill of 2006, which has remained before the country's upper house since September 2007, has recently been amended by a council committee. But experts are not sure whether the bill's strict advertising provisions -- an issue of concern for operators looking to enter the country -- have been loosened.»
Florida Looks at Dog Racing Expansion
21 March 2008
A bill to allow dog race expansion in Florida was unanimously approved by the House Jobs and Entrepreneurial Council last week. If the legislation passes, it could open the way for off-track betting and card rooms at 10 locations throughout the state and give up to $3 million in tax breads to racetrack owners.»
Blandford Aligns With Mfuse
21 March 2008
Mobile gambling technology provider Mfuse has raised £2.55 million through a round of fundraising. Most of the proceeds come from Internet gambling pioneer Mark Blandford, who joins the company as non-executive director.»
Mfuse Gets £1.55-Million Boost from Blandford
21 March 2008
Mobile gambling technology provider Mfuse has raised £2.55 million through a round of fundraising, the proceeds of which derive primiarily from Internet gambling pioneer Mark Blandford, who joins the company as non-executive director.»
I-Gaming Felony Provisions Fall with Mass. Bil
21 March 2008
Online gambling will not become a felony in Massachusetts, at least for now.»
Sweden halts gambling advertising prosecutions
20 March 2008
The Scandinavian nation’s Prosecution Authority announced on Thursday that it will not prosecute two prominent newspapers that accepted advertising from online gambling providers. The decision comes following an appeal by the newspapers -- Aftonbladet and Expressen -- after they had been found guilty of violating Sweden’s lottery laws.»
Antigua threatens to OK piracy if gambling dispute is ignored
20 March 2008
News Brief: The government of Antigua says it will abolish intellectual property treaties with the U.S. by the end of March if a settlement involving a trade dispute between the two countries is not resolved. »
bwin Logs Record Betting and Gaming Revenue in Q4
20 March 2008
Vienna headquartered online bookmaker bwin turned out a record performance in terms of both gross gaming revenues and net gaming revenues in the fourth quarter of 2007, achieving levels higher than before it exited the US and Turkish markets in 2007 (Oct 2006 and March 2007, respectively).»
Youbet Agrees to Assist U.S. Attorney Investigation
20 March 2008
American online pari-mutuel wagering operator Youbet.com has entered an agreement with the U.S. Attorney's Office to settle its part in a federal investigation into alleged illegal activity undertaken by customers of its former offshore wagering subsidiary, International Racing Group (IRG).»
Nambling Notes - March 20, 2008
20 March 2008
Parlay shares shed 16 percent on the release of the group's annual results, the Thai government is reportedly looking to crack down on Internet-based football betting and more.»
Inspired Gaming Reviews Weak Pubs Unit
20 March 2008
British gaming machine manufacturer Inspired Gaming Group Plc has begun a review of its "weak" pubs unit, which contributes about 39 percent of the company's revenue.»
Clouds Gather ahead of Possible Antigua-US Settlement
20 March 2008
The Antiguan government is giving the United States until the end of the month to negotiate an agreement in the dispute over remote gambling services before it asks the WTO for permission to impose intellectual property sanctions.»
Buckingham Bingo Deal Forecasts Trouble for Private Equity Firms
19 March 2008
The Financial Times says the details of private equity firm Alchemy Partners' £100 million buy-out of Buckingham Bingo will hinge upon negotiations with Barclays, Alchemy's main creditor.»
Cantor Testing Handheld Gambling in Nevada
19 March 2008
Cantor Gaming, an affiliate of financial services firm Cantor Fitzgerald, is seeking approval to run field tests in Nevada for its handheld gaming device. If the company's product passes regulators' tests it will be put to use in the Venetian Resort Hotel Casino.»
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