iGaming News Page 659

Betsson: First Onliner in Peru?
21 February 2008
Stockholm-listed operator Betsson has entered the Peruvian market, offering online poker, online casino, sports betting and scratch-card services.»
Nambling Notes - Feb. 21, 2008
21 February 2008
Ice blankets the IGN offices, BetonSports settles a few of its 63,000 outstanding claims, Graham Calvert faces criminal charges in Newcastle Crown Court, a New York man makes an unlucky withdrawal and more.»
California Intrastate I-Poker Study Bill up for Public Comment
21 February 2008
California State Assembly member Lloyd Levine, D-Van Nuys, on Feb. 15 introduced legislation (AB 2026) that would order a study on the Unlawful Internet Gambling Enforcement Act to find out whether a California-only online poker scheme could work.»
Eight Months Later, a New Face for William Hil
21 February 2008
William Hill said today that it's eight-month search for a chief executive has ended.»
Ainsworth Announces $10 Mill Loss
20 February 2008
Ainsworth Game Technology revealed a $10.78 million loss for the six months ending December 2007, compared with a $17.73 million loss for the first half of the year. Revenue for the games supplier rose by nearly five per cent in the period, to $21.65 million.»
Intralot Signs Philippines Sweepstake Amendment
20 February 2008
Greek gaming firm Intralot has signed a contract amendment with Philippines Charity Sweepstake operator Pacific Online (PCSO) for the supply of an additional 300 terminals. The new terminals will be connected to the LOTOS online central system in Cebu, South Philippines, which launched in 2006.»
Macao May Clarify Rules for Employee Relatives
20 February 2008
A member of Macao's Legislative Assembly wants to amend gaming laws to clarify rules concerning gambling by relatives of casino employees. Angela Leong On-Kit has proposed the measure following a fiasco at the Venetian Macao involving a local jackpot player who won US$130,000 but was not allowed to claim the prize because she is a relative of a casino employee.»
The Top 10s
20 February 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending February 16.
The No. 1 sites:
Australia: TAB Racing
Hong Kong: HKJC Football Betting Ltd.
Singapore: Singapore Pools
United Kingdom: The National Lottery
United States: Blingo
View the complete lists.»
Parlay M&A: PEIC Withdraws, Two Suitors Remain
20 February 2008
Parlay Entertainment Chief Executive Scott White confirmed with IGN this morning that Mark Blandford's PEIC Acquisition has withdrawn from the bidding process.»
Nambling Notes - Feb. 20, 2008
20 February 2008
Unibet reports an "unsatisfactory" year, the Graham Calvert-William Hill case gets under way in British High Court, the Chinese government reveals a year's worth of crackdown-related figures and more.»
A Question of Trust
20 February 2008
The agenda for the upcoming AiG Congress 2008 in Macau naturally contains sessions on the most important and pertinent topics for understanding the I-gaming market in the Asia-Pacific region. For new entrants into this developing market knowing about the regulatory situation, successful advertising strategies, the complexities of payments and gamblers’ preferred games is essential to creating a profitable business.»
Nambling Notes - Feb. 19, 2008
19 February 2008
888 hits a 52-week high on the LSE, Citigroup takes a 7 percent stake in Ladbrokes and more.»
The Numbers Game
19 February 2008
How did the I-gaming industry fare in 2007? What's in store for 2008 and beyond? Global Betting & Gaming Associates Partner Simon Holliday shares figures and forecasts with IGN.»
eCOGRA Suspends, Strips KGC Licensees of 'Safe and Fair' Seals
19 February 2008
Six Kahnawake-licensed online casinos last week had their eCOGRA "Safe and Fair" seals suspended, and one poker room, based in the same jurisdiction, was stripped of its seal.»
Enter Ladbrokes' Newest Stakebuilder
19 February 2008
Oft-courted bookmaker Ladbrokes' mystery buyer has been revealed, and he is in a position to be a well-placed suitor.»
Market Briefs - Feb. 11-15, 2008
18 February 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Nambling Notes - Feb. 18, 2008
18 February 2008
NetEnt says an IPO could be on tap in 2008, the ATP fines and suspends another player for betting and more.»
Boss: GEMed Takes Majority Contro
18 February 2008
GEMed, a jointly-owned investment vehicle consisting of Medströms and Gtech, said today that it has secured 61.5 percent of Boss Media and must now make a mandatory bid for the rest.»
Bally's 2Q Revenue Hits $24.4 Mil
18 February 2008
Bally Technologies reported income of $24.4 million for the fiscal second quarter of 2008, compared with a loss of $2.5 million in the same period last year. The gaming equipment maker also revealed a revenue rise of 53 percent for the period, to $230.7 million while adjusted earnings before interest, taxes, depreciation and amortisation for the quarter were $63.9 million.»
AsianLogic Secures Unspecified Stake in Asian Poker Tour
16 February 2008
AsianLogic, the Asia-Pacific facing operator with close ties to Playtech, has entered into an agreement with Singapore-based Capital Events to "acquire" the Asian Poker Tour.»
Parlay M&A: Three is Company and Two None
16 February 2008
Parlay Entertainment said Friday that it had received a third expression of interest in an ongoing bidding battle spanning the better part of a month.»
Weekly Nambling Notes
16 February 2008
A roundup of news briefs from the week of Feb. 11-15, 2008.»
RIGT Warns of Mandatory Levy
15 February 2008
According to reports, the Responsibility in Gaming Trust (RIGT) has warned that a mandatory levy by the government will be inevitable unless the situation improves dramatically and it to meet its funding targets, in a letter sent to the UK gambling industry this week. So far only 13 per cent of 3800 licensed operators in the UK had donated to RIGT, it stated.»
Singapore Flyer Now the Tallest Whee
15 February 2008
The world’s tallest ferris wheel has taken on its first passengers in Singapore, offering them aerial views of the country as well as parts of neighbouring Malaysia and Indonesia. Dubbed the ‘Singapore Flyer’, it stands at 541-feet tall – 98 feet taller than the London Eye.»
IBAS Takes on Gaming Machine Disputes
15 February 2008
IBAS, the Independent Betting Adjudication Service, looks set to widen its area of expertise once more by taking on disputes over gaming machines in betting shops. The independent body is teaming up with the Association of British Bookmakers (ABB) in order to provide third party arbitration for any dispute arising from the Category B gaming machines.»