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iGaming News Page 657

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Cashcade is on the Market
14 February 2008
Cashcade Ltd, a company that tags itself as "the UK's leading gaming marketing company" is thinking about a public offering or sale. Owner of Getminted.com, FoxyBingo.com and Thinkbingo.com, the company also claims to be the second largest operator of bingo sites in the UK, behind only Gala.»
Cashcade: To Float or not to Float?
14 February 2008
Cashcade Ltd., a company that bills itself as "the United Kingdom's leading gaming marketing company," is thinking about a public offering or sale. Owner of Getminted.com, FoxyBingo.com and Thinkbingo.com, the company also claims to be the second largest operator of bingo sites in the United Kingdom, behind only Gala.»
Gamestec Studies AWP and SWP Players
14 February 2008
A new report commissioned by coin-op operator Gamestec has found that in orders to boost machine take pub operators need to differentiate between players drawn to SWPs and those who prefer AWPs.»
Arcades Still Hot in Philippines
14 February 2008
Despite the recent decline in popularity of amusement arcades around the world, a Philippines-based operator is experiencing a boom in business.»
Boss' Board OKs New GEMed Offer
13 February 2008
GEMed, a jointly-owned subsidiary of Gtech and Swedish investment firm Medströms, has upped its bid for Boss Media. Boss' board, in turn, has recommended that company shareholders accept the offer.»
Gaming Clubs in Irish Money Laundering Bill's Scope
13 February 2008
Ireland's Justice Minister Brian Lenihan last night introduced legislation intended to transpose the EU's Third Money Laundering Directive into Irish Law. If enacted the bill would require Irish gaming clubs and private member clubs to comply with money laundering preventions from which they are currently excluded.»
IPGL Takes 15.8 Percent Stake in Probability
13 February 2008
AIM-listed mobile gambling services provider Probability received its newest investor Tuesday as Michael Spencer, chief executive of interdealer broker ICAP, took a 15.8 percent holding in the company.»
Nambling Notes - Feb. 13, 2008
13 February 2008
NetEnt signs another anonymous licensee, 32Red launches poker on the Microgaming network and more.»
U.K. court says poker is a game of chance
12 February 2008
A British appeals court declared this week that poker is a game of chance under U.K. law, and Gutshot will need a license if it wants to offer the game in a private club.»
Uncertain Future for Holland Casino's Internet Ambitions
12 February 2008
Last week, state-licensed casino operator Holland Casino had its plans to launch an online offering delayed, as the Dutch Senate postponed a vote on a proposal to extend the operator an online license. The issue has remained before the Senate -- the country's legislative terminus -- for over a year, but could by February's end finally be put to a vote.»
Nambling Notes - Feb. 12, 2008
12 February 2008
Three spectator-gamblers receive the boot from a Belgian tennis tournament, JP Morgan speculates that chances of a Rank takeover are increasing and more.»
New Segments, New Regions for 888 in '08
12 February 2008
While discussing the company's fourth-quarter trading update today, 888's CEO hinted at the company's strategy for future growth.»
Macau Gambling Revenue Hits $10.34b
12 February 2008
Macau showed a 47 percent increase in gambling revenue in 2007 to $10.34 billion. The figures are slightly below analysts' projected figures, but still exceeds both the growth rate and gambling revenue of the Las Vegas strip.»
The Top 10s
11 February 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending February 9.
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.»
French MPs: Internet Prohibition an 'Impossible Task'
11 February 2008
Two French MPs were recently sent to investigate I-gaming Web sites operating out of 12 liberalized jurisdictions. Their findings, released on Friday, could have some influence on French policymakers as they work toward a final decision on whether to loosen the state-controlled monopoly over certain forms of Internet gambling.»
Nambling Notes - Feb. 11, 2008
11 February 2008
Playtech shares behave stubbornly on the announcement of large q-on-q revenue growth, Partouche is set to launch a U.K.-facing sports book and more.»
Weekly Nambling Notes
9 February 2008
A roundup of news briefs from the week of Feb. 4-8, 2008.»
Parlay M&A: No Agreement Yet, CEO Says
8 February 2008
Parlay Entertainment, the late-January recipient of two competitive bid approaches, said today negotiations with the two suitors are ongoing but that no deal has been reached yet.»
Nambling Notes - Feb. 8, 2008
8 February 2008
The NBA spends hundreds of thousands to preserve U.S. restrictions on land-based and Internet gambling, Calvin Ayre says "I told you so" to publicly-traded I-gaming companies and more.»
Uncertain Future for Proposed Addiction Tax in Scotland
8 February 2008
Concerns over gambling addiction have led a member of Scotland's parliament to demand a mandatory tax on gambling companies in the country.»
Harrah's Offers Deal to Gala
8 February 2008
Harrah's Entertainment has proposed a deal to merge its London Clubs International division with Gala Casinos. A business resulting from a merger between London Clubs and Gala Casinos would own 40 casinos in Britain, just one shy of Stanley Casinos, the country's largest casino operator.»
Nambling Notes - Feb. 7, 2008
7 February 2008
Ladbrokes acquires Northern Irish bookie Eastwoods, 888, Rank and Playtech see big gains on the London Stock Exchange and more.»
US Law Roundup - February 2008
7 February 2008
Staying on top of interactive gambling bills as they move through the United States' federal and state legislatures no longer entails hours of research, thanks to this monthly update on U.S. state and federal legislation.»
I-Lottery Update - February 2008
7 February 2008
As one of the world's most popular forms of gambling, lotteries have successfully made the shift to the interactive arena. Once a month, IGN's I-Lottery Update delivers an international roundup of the latest news from this burgeoning sector of the industry.»
France's FDJ Down on Loss, Up on Forthcoming Mobile Launch
7 February 2008
France's gambling monopoly, La Francaise des Jeux (FDJ), has reported a drop in annual revenues for the first time in 15 years, but launching new products this year, including a mobile offering, could help repair the small loss.»
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