iGaming News Page 658

Ladbrokes Now Northern Ireland's Biggest LBO
7 February 2008
Ladbrokes has purchased 54 betting shops from Eastwood Bookmakers in Northern Ireland for around £135m, making it the largest LBO operator in the province with a total of 70 outlets.»
Report Explores the Smoking Ban's Impact
7 February 2008
A new report by market analyst Mintel has identified the smoking ban as the biggest cause of the decline in business at UK bingo halls.»
Namco Bandai Cuts Annual Profit Forecast
7 February 2008
Namco Bandai Holdings Inc. has cut its annual profit forecast after a downturn in its leisure park business and now plans to close as many as 60 of its 1,792 amusement centres.»
Boylesports picks Ethoca
6 February 2008
Boylesports has selected Ethoca's global collaborative anti-fraud network to help it increase customer retention, speed up dispute resolution and prepare for entry into new markets. »
Sands Falls Short of Fourth-Quarter Expectations
6 February 2008
Las Vegas Sands Corp. has reported a 65 percent drop in net profits for the fourth quarter -- down to $39.9 million from $113.6 million a year ago -- citing increased construction and pre-opening expenses as the main reason for the decline.»
MPs Declare Gambling Act Made Unfair Playing Field
6 February 2008
The British Amusement Catering Trade Association told MPs yesterday that seaside arcades and amusement centres have lost more than a fifth of their income as a result of the new Gambling Act's policies that reduce stakes on gaming machines and limit the number of machines in each venue.»
Pagebet Signs Equity Deal with Advantage
6 February 2008
British bookmaker Pagebet has signed a deal with private equity firm Advantage Capital to fund expansion in its shops estate arm as well as the telephone and internet betting division.»
AsianLogic in Licensing Deal with PAGCOR
6 February 2008
In its first announcement since floating on the London Stock Exchange in December, AsianLogic has secured software licensing agreements with at least one Philippine operator.»
Net Casino Vote On Hold in Netherlands Legislature
6 February 2008
At the behest of Minister of Justice Ernst Hirsch Ballin, the Dutch Senate on Tuesday delayed a vote that could have seen the state's gambling monopoly holder, Holland Casino, receive approval to set up an Internet gambling site.»
Nambling Notes - Feb. 6, 2008
6 February 2008
888 shares rally on a Deutsche Bank buy note, Guoco ups its stake in Rank Group and more.»
WinAJackpot.com awards $2.4 million jackpot
5 February 2008
Playtech reprots that WinAJackpot.com,and its subsidiary Videobet, has delivered a jackpot payout of over $2.4 million.»
Public Tender for Horseracing Concessions in Italy
5 February 2008
Italy will tender 329 horserace betting concessions to the public before the end of the year.»
Nambling Notes - Feb. 5, 2008
5 February 2008
London bookmakers slash odds on Sen. Barack Obama for this installment of Super Tuesday, Spin3 agrees to supply PacificNet with wireless gaming solutions in an Asia-facing deal and more.»
Las Vegas Sands Falls Short of Expectations
5 February 2008
Las Vegas Sands Corp. reports a 65 percent drop in net profits for the fourth quarter-- down to $39.9 million from $113.6 million a year ago.»
South African Legislative Debate over Advertising Continues
5 February 2008
Members of the National Council of Provinces' (NCOP) Economic and Foreign Affairs Committee met on January 30 to discuss the National Gambling Amendment Bill, which is designed to license and regulate remote gambling in South Africa. The main area of contention at the moment is advertising, and the committee will meet yet again on Feb. 13 to discuss the issue further.»
Betfair, Bwin, Ladbrokes Respond to FFT Proceedings
5 February 2008
Betfair, Bwin and Ladbrokes are cautioning French tennis authorities that their efforts to ban legal, regulated betting at the upcoming French Open could backfire.»
Playtech Academy launched
4 February 2008
The Playtech Academy was successfully launched during the 2008 ICE convention in London. »
The Top 10s
4 February 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending February 2.
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 - Jan. 28-Feb. 1, 2008
4 February 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Betting on Redknapp Prompts Second Investigation
4 February 2008
For the second time in two years the Football Association has launched an investigation into suspicious betting surrounding manager Harry Redknapp.»
Nambling Notes - Feb. 4, 2008
4 February 2008
Mobile provider Spin3 is set to compete in the U.K. market, ticket sales projections for the U.K. National Lottery don't look promising and more.»
Super Bowl's $10bn betting bonanza
4 February 2008
Super Bowl betting reached record levels this year after an estimated $10 billion was wagered on the event, which saw the New York Giants beat the favourite New England Patriots.»
Gtech in Boss Media Offer
4 February 2008
Lottomatica subsidiary Gtech and Medstroms AB have made a public cash offer to acquire all outstanding shares of software developer Boss Media. Under terms of the offer, the pair – through a jointly-owned bid vehicle – have offered SEK19 in cash per outstanding share, giving Boss Media an enterprise value of SEK 937 million.»
Bally Opens Second Indian Gaming Unit
4 February 2008
Bally Tech's Indian subsidiary revealed new $32 million investment plans which include opening a second gaming development studio in the country.»
Lawyer Calls for Video Game Obesity Tax
4 February 2008
A Democratic lawyer in New Mexico has called on the US government to place a one per cent tax on video games and video game equipment in a bid to raise funds to fight childhood obesity in the state.»