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iGaming News Page 654

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Global Policy Review - February
29 February 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.»
Nambling Notes - Feb. 29, 2008
29 February 2008
IGN takes a look at the week that was, Romanian cops close a spectral case of vandalism and more.»
Victorian Friction
29 February 2008
The Victorian Commission for Gambling Regulation has green lit a new service in the territory allowing citizens to use their TV remotes to place bets on horse and greyhound races from the comfort of their living rooms, but the opposition see the service as a direct route to gambling addiction.»
Microgaming: Nothing Yet from Tusk
29 February 2008
Following an announcement regarding the termination of its software licensing agreement with Tusk Investment Corporation, Microgaming said today it has not heard from the gaming operator since it announced it had elected to go into liquidation.»
EU tells Greeks, Dutch to open betting market
28 February 2008
International News Brief: European Union regulators have given Greece and the Netherlands two months to end restrictions that discriminate against betting companies from other EU nations.»
AiG: I-Gaming in Macau Faces Uncertain Future
28 February 2008
The regulatory panel that discussed the outlook for Asian gaming jurisdictions on the final morning of the AiG Congress in Macau was arguably the most important session of the whole conference.»
Netherlands, Greece Enter Second Stage of Infringement Proceedings
28 February 2008
The European Commission today sent letters of formal notice to the Netherlands and Greece, commencing the second stage of infringement proceedings that were initiated in April 2006 and June 2007, respectively.»
Microgaming Cuts Ties with Tusk Investment
28 February 2008
Microgaming has terminated its software license agreement with Tusk Investment Corporation after learning the private online casino operator planned to go into liquidation.»
Nambling Notes - Feb. 28, 2008
28 February 2008
Bingo.com says it's "comfortably on its way to returning to profitability," an Israeli warehouse is robbed of 100 tons of Nutella and more.»
AiG: Optimism toward Growth Meets Uncertainty toward Regulation
27 February 2008
IGN's Lorien Pilling reports live from AiG 2008 in Macau.»
Manchester Wants Compensation
27 February 2008
Manchester City Council leader Sir Richard Leese warns that the council will consider legal action if the Government does not give Manchester a regeneration package near in value to the £265 million it was promised its winning supercasino bid would catch.»
Crypto CEO Aziz Retires, Hadfield to Step up
27 February 2008
After less than a year at the helm of CryptoLogic, CEO Javaid Aziz has very suddenly retired from the company, it was revealed today.»
Pinnacle Delays Atlantic City Construction
27 February 2008
Pinnacle Entertainment has delayed construction plans for a proposed $1.5 billion megaresort in Atlantic City and said it may even abandon the project entirely if credit markets do not improve.»
Doubtful Prospects for New Small Casinos in UK
27 February 2008
A Financial Times article speculates that only a handful of the 16 small casinos approved by the British government may actually come into being.»
Betting Odds & Ends - March
27 February 2008
IGN's monthly review of news from the sports and race betting industries.»
Punter Allowed to Amend Claim Against William Hil
27 February 2008
One week into the case, a High Court Judge has permitted Graham Calvert to amend his negligence claim against William Hill. Calvert now seeks personal injury damages in addition to his original claim for compensation of the £2.1 million he lost gambling with William Hill after putting himself on a self-exclusion list.»
High Court Judge OKs Calvert to Amend Negligence Claim
27 February 2008
One week into the case, a High Court Judge has permitted Graham Calvert to amend his negligence claim against William Hill.»
Harrah's Posts $47.8 Million Loss in Q4
27 February 2008
Harrah's Entertainment has posted Q4 2007 losses of $47.8 million -- largely the result of a $169.6 million pre-tax write off of certain intangible assets, including the London Clubs International purchase.»
CryptoLogic CEO Leaves Suddenly
27 February 2008
After less than a year at the helm of CryptoLogic, CEO Javaid Aziz, 54, has suddenly retired. A prepared statement says he has left corporate life to be with his family.»
William Hill to Get Lossy Online Division in Line
27 February 2008
William Hill released full-yearly figures this morning, highlighting a 6 percent rise in gross win to £983.7 million tempered with a 2 percent fall in operating profit to £286.7 million.»
Nambling Notes - Feb. 27, 2008
27 February 2008
Israeli MPs OK the first reading of an Internet censorship bill, Alaskan residents run with the reindeer and more.»
Asian iGaming Congress: Day One
26 February 2008
Amidst the sumptuous surroundings of the Venetian Macau, the 2008 Asian I-Gaming congress got underway on Tuesday with a pre-conference summit that consisted of two streams of presentations that addressed the issues of "Marketing for Asia" and "Investment Insights."»
Genting Reports a Loss but UK Revenue Soars
26 February 2008
Genting International PLC, subsidiary of Genting Bhd, reports a loss of 382 million Singapore dollars (US$272 million) in 2007, largely due to a 455 million dollar (US$324 million) loss on goodwill from its acquisition of British casino company Stanley Leisure, which is now called Genting Leisure.»
Problem Gambling Ultimatum for British Operators
26 February 2008
UK culture secretary Andy Burnham told MPs today that he would introduce legislation forcing licensed gambling operators of all types to donate more funding to problem gambling at the end of the year unless operators voluntary contribute more.»
Asian I-Gaming Congress Day 1
26 February 2008
Amidst the sumptuous surroundings of the Venetian Macau, the 2008 Asian I-Gaming congress got underway on Tuesday with a pre-conference summit that consisted of two streams of presentations that addressed the issues of "Marketing for Asia" and "Investment Insights."»
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