iGaming News Page 659

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.»
Weekly Nambling Notes
2 February 2008
A roundup of news briefs from the week of Jan. 28-Feb. 1, 2008.»
Costa Rica, Antigua file for WTO arbitration
1 February 2008
Costa Rica and Antigua separately filed for World Trade Organization arbitration on January 28, seeking compensation from the United States as a result of the U.S. withdrawal of its commitment on cross-border gambling services.»
32Red 'Cash-Generative' following BetDirect Sale
1 February 2008
Nearly a year after 32Red reported a full-year pre-tax loss of £3.7 million and a canceled dividend, the London-listed company said it is looking toward being back in the black.»
Nambling Notes - Feb. 1, 2008
1 February 2008
Guoco once again ups its stake in Rank Group, U.S. Attorney Michael Garcia brings in a good haul and more.»
French Tennis Federation Seeks Betting Prohibition on French Open
1 February 2008
The French Tennis Federation filed lawsuits in Belgium and France today to bar Betfair, Bwin and Ladbrokes from taking bets on the French Open. The Federation says it is concerned that online betting is tarnishing the integrity of their sport.»
More on the Art and Science of Negotiation
1 February 2008
Over the years I've offered occasional columns on the art and science of negotiation, and I thought it was time for another installment of my negotiations tips.»
Editorial: A Modest Proposal for Securities and Other Forms of Gambling
1 February 2008
For years the I-gaming industry has endured the slander that it was a hell-sent lure, set to bankrupt and ruin the poor unwary player: "With the click of a mouse you can lose your house.” Well, people all over the United States are losing their houses in record numbers now, and attendant financial losses have driven the whole country, perhaps the world, to the screaming edge of recession (if we’re not there already). But none of this was caused by online poker, roulette or even sports betting.»
Boss Mulls GEMed Takeover Offer
1 February 2008
GEMed, a jointly-owned subsidiary of Gtech and Swedish investment firm Medstroms, has made an offer to acquire Boss Media.»
Unibet welcomes EU investigation
31 January 2008
Unibet welcomes today’s decision taken by the European Commission to launch an investigation into the Swedish poker monopoly. »
Canbet introduces new football betting product
31 January 2008
Punters now have access to Live ‘In-Run’ Football Betting on over 500 games each week. »
New Infringement Procedures for Sweden and Germany
31 January 2008
Gambling-related legal action continues in Europe as Sweden and Germany both heard from the European Commission today.»
Study Shows US Regulatory Regime Could Generate Billions
31 January 2008
Internet gambling in the United States: regulated and taxed. A big-bucks proposition? One study says it could be.»
GEG's Lui to Keynote Asian I-Gaming Congress
30 January 2008
Clarion Gaming announced today that Francis Lui, deputy chairman of Galaxy Entertainment Group (GEG), has been confirmed to deliver the keynote address at the Asian I-Gaming (AiG) Congress and Expo in Macau.»
Q & A: Henrik Norsk Hoffmann
30 January 2008
IGN's European Correspondent, Rob van der Gaast, is back with a new series of bi-weekly Q & A sessions with some of the Continent's leading legal, private and state-employed figures. First up: Henrik Norsk Hoffmann of Danish law firm Danders & More.»
Antigua Seeks Compensation for US' GATS Withdrawa
30 January 2008
Antigua and Barbuda has requested that the World Trade Organization arbitrate a settlement between itself and the United States as compensation for the U.S. decision to remove gambling services from its schedule of international trade commitments.»
Garber Sees Industry M&A beyond the DOJ
30 January 2008
As ever the subject of discussion, the U.S. Justice Department's negotiations with London-listed PartyGaming remained a salient issue today among investors, analysts and the media as the group unveiled KPIs for the fourth quarter.»
Nambling Notes - Jan. 30, 2008
30 January 2008
Parlay receives a new and bigger bid approach from an unnamed suitor, a former Unibet cyclist with four letters sums up a difficult year and more.»
Olympic Lottery Reimbursement May Take 20 Years
30 January 2008
The UK government has admitted that the National Lottery may not be reimbursed for its £1 billion Olympic 2012 investment for up to 20 years after the event.»
Dubai World Announces Asian Development with MGM
30 January 2008
Holding company Dubai World announced that it would be jointly developing at least three hotels in the Middle East and Asia with gaming group MGM, with a total investment of over $1.5 billion.»
BetXTech Unveils XSS-Mobile
30 January 2008
Software developer BetXTech has launched its new mobile sports betting solution XSS-Mobile.»
Harrah's Bids Welcome to Private Sector
29 January 2008
The world's largest casino group is now officially the world's largest private casino group.»
Israeli Police Bust Play2Bet.com
29 January 2008
The Israel Police National Serious and International Crimes Unit has arrested at least seven men with alleged connections to Play2Bet.com, a Web site the Israeli press has called an "illegal online gambling ring."»
Nambling Notes - Jan 29, 2008
29 January 2008
Bodog Chief Executive Calvin Ayre says his group wants to become the "Macau of the online world," I-gamers in Trinidad are stumped as fires interfere with online play and more.»
British Grandma Scoops £1m Bingo Prize
29 January 2008
A British grandmother has scooped the "world's largest ever bingo win" by taking home the National Bingo Game's platinum prize of £1.1 million.»