Wednesday, 24 June 2026

iGaming News Page 658

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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."»
Nambling Notes - Feb. 26, 2008
26 February 2008
The U.K. government gives the offical 'no' to the slow-to-die supercasino, the PPA drops $900,000 in FY 2007 to lobby Congress and more.»
Senators say Proposed UIGEA Regs Require Further Guidance
26 February 2008
Earlier this month Republican Senators John Sununu of New Hampshire and Pete Domenici of New Mexico co-signed a letter to the heads of the U.S. Treasury and Federal Reserve urging that proposed banking regulations for the Unlawful Internet Gambling Enforcement Act (UIGEA) be supplemented with further guidance.»
Bet-at-home.com chooses CasinoModule
25 February 2008
Bet-at-home.com selects the Net Entertainment CasinoModule as their new casino platform.»
CasinoLowdown.com adds new games
25 February 2008
CasinoLowdown.com reports the addition of six new Microgaming casino games to their site.»
BACTA will tell government its woes Friday
25 February 2008
On Friday British Amusement Catering Trade Association (BACTA) is set to tell the government about how seaside amusement arcades have struggled with the smoking ban and new gambling legislation.»
Sikkim First Indian State to Allow Casino Gaming
25 February 2008
Sikkim will soon become the first Indian state to allow casino gambling. The State Government has already agreed to grant one operating license and seems intent on offering a few more.»
Q & A: Jim Tabilio
25 February 2008
A new bill in California's Assembly proposes studying the feasibility of an intrastate online poker scheme based on exemptions built into the Unlawful Internet Gambling Enforcement Act. The initiative is solely supported by a grassroots non-profit organization called the Poker Voters of America (formerly the Poker Players of America), formed by a group of political veterans who love the game. IGN spoke with PVoA President Jim Tabilio about the group's formation, purpose and vision.»
High Compliance Rate with UK Advertising Rules
25 February 2008
Gambling ads in the UK during the first two months of new rules shows "exceptionally high compliance rate" according to the Advertising Standards Authority. Out of 784 advertisements from a broad range of media, only seven breached the new advertising codes.»
Irish Investment Duo Takes 3 Percent Stake in Ladbrokes
25 February 2008
Two millionaires have reportedly jointly purchased a near 3 percent stake in Ladbrokes just one week after a Bahamas-based investor acquired a near 7 percent stake in the bookmaker.»
The Top 10s
25 February 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending February 23.
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 - Feb. 18-22, 2008
25 February 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Nambling Notes - Feb. 25, 2008
25 February 2008
Storm clouds gather as the City broods over annual results of several major operators due to be released this week, Secretary of State Condoleeza Rice assures reporters that President George W. Bush has rhythm and more.»
Weekly Nambling Notes
23 February 2008
A review of news briefs for the week of Feb. 18-22, 2008.»
Parlay Receives Latest Expression of Interest
22 February 2008
A new suitor has entered the Parlay Entertainment bidding process, following PEIC Acquisition's decision to withdraw its offer earlier this week.»
ASA says Only 1 Percent of Ads Fail to Pass Muster
22 February 2008
Britain's Advertising Standards Authority (ASA) says gambling advertisements showed an "exceptionally high compliance rate" during the first two months new gambling ad rules were in effect. Out of 784 advertisements from a broad range of media, only seven breached the new advertising codes.»
Nambling Notes - Feb. 22, 2008
22 February 2008
Sportingbet takeover rumors fly, AsianLogic is set to launch two new I-poker rooms and more.»
William Hill Promotes CEO from Within
22 February 2008
After an eight-month vacancy, William Hill has finally filled its chief executive position with Ralph Topping, 56, who has been with the company since the age of 21 when he worked behind the counter of a shop in Glasgow.»
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