iGaming News Page 659

Davydenko Expects to be Cleared by ATP, Attorney Says
28 March 2008
Tennis pro Nikolay Davydenko is reportedly set to be cleared following a seven-month inquiry into match-fixing.»
Betting Odds & Ends - Apri
28 March 2008
IGN's monthly review of news from the sports and race betting industries.»
Betfair prevails in Australian online gambling case
27 March 2008
News brief: In a unanimous ruling, seven High Court judges overturned the state-based restrictions on Internet betting in Western Australia that previously banned Betfair from operating in the region.»
Costa Rica and U.S. settle gaming dispute
27 March 2008
News brief: Costa Rica has reportedly reached a compensation settlement with the United States in a long-running dispute over legislation that has shut out foreign Internet gaming companies from operating in the U.S. market.»
Small Buy Boosts Party Shares
27 March 2008
Following a year of heavy selling in its shares, PartyGaming non-executive director Lord Moonie's small bit of stakebuilding today sent the group's stubborn stock up nearly 3 percent.»
Betfair Eyes Expansion on High Court Victory
27 March 2008
Betfair is mulling expansion of their Australian business thanks to a High Court decision today that invalidated a Western Australian statute banning betting exchanges from offering bets to punters in the state.»
Nambling Notes - March 27, 2008
27 March 2008
888 goes live with 888Casino.com, Fluxx reveals a full-yearly consolidated loss on German regulatory complexity and more.»
GamCare, eCOGRA trains online casino managers
26 March 2008
GamCare and eCommerce and Online Gambling Regulation and Assurance pooled their expertise in London to train almost 40 online casino managers on the principles of responsible gambling, and how to identify and handle problem gamblers.»
Advertising Prohibition Pulled from South African Regulatory Bil
26 March 2008
South Africa's National Gambling Amendment Bill has been amended by a National Council of Provinces (NCOP) committee to allow Internet gambling operators to advertise in the country, according to a government insider.»
Q & A: Niall O'Kelly
26 March 2008
Irish spread betting company WorldSpreads said this week that it is considering a dual float in Dublin. The company, which raised £5.77 million when it listed on London's Alternative Investment Market last August, was named one of the top-performing Irish listings in 2007, with shares trading at an 80 percent premium to the flotation price by late November -- just three months later. IGN spoke with WorldSpreads Chief Financial Officer Niall O'Kelly to determine just how serious the company was about listing in its native Ireland.»
Nambling Notes - March 26, 2008
26 March 2008
Indonesia enacts legislation that could be troublesome for the I-gaming industry, Betfair declines comment ahead of Thursday's High Court decision in Australia and more.»
UIGEA 'Burden without Benefit?' Hearing Set for April 2
25 March 2008
Six months ago, the proposed regulations for the UIGEA were released -- next week, U.S. lawmakers and a select group of witnesses will meet to review the rules in a hearing transparently titled "Proposed UIGEA Regulations: Burden without Benefit?"»
GigaMedia Says No Basis to Street Report
25 March 2008
GigaMedia said this morning that its Canadian operation, via its Kahnawake license, is "reliable and stable," following a report Monday suggesting the group could absorb a near-term revenue hit on the back of proposed changes in Canadian I-gaming regulation.»
Netplay launches Celebrity TV Bingo
25 March 2008
Greg Scott, Jim Bowen and comedians Cannon and Ball have been named presenters of the forthcoming Celebrity TV Bingo program that will air daily on Sky Channel 847 in the UK.»
House Subcommittee to hold UIGEA Hearing
25 March 2008
Six months ago, the proposed regulations for the UIGEA were released -- next week, U.S. lawmakers and a select group of witnesses will meet to review the rules in a hearing transparently titled "Proposed UIGEA Regulations: Burden without Benefit?"»
Nambling Notes - March 25, 2008
25 March 2008
888 goes out-of-house in a games development deal with NextGen Gaming, Victoria is set to introduce self-limiting player protection statutes for pokies operators in 2010 and more.»
The Top 10s
24 March 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending March 22.
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 - March 17-21, 2008
24 March 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Weekly Nambling Notes
24 March 2008
A roundup of news briefs from the week of March 17-21, 2008.»
WorldSpreads Mulls Second Listing in Dublin
24 March 2008
Spread betting firm WorldSpreads is considering a dual listing in Dublin this year.»
Nambling Notes - March 24, 2008
24 March 2008
70 percent of Americans believe that gambling is not "sinful," New Zealand is reportedly set to take lottery sales online and more.»
2.4 Million Visitors to Macau in February
24 March 2008
Macaus's Statistics and Census Service says more than 2.4 million people visited the gambling haven this February. It's an 11.6 percent increase over the same period last year.»
Still to be Settled
21 March 2008
South Africa's National Gambling Amendment Bill of 2006, which has remained before the country's upper house since September 2007, has recently been amended by a council committee. But experts are not sure whether the bill's strict advertising provisions -- an issue of concern for operators looking to enter the country -- have been loosened.»
Florida Looks at Dog Racing Expansion
21 March 2008
A bill to allow dog race expansion in Florida was unanimously approved by the House Jobs and Entrepreneurial Council last week. If the legislation passes, it could open the way for off-track betting and card rooms at 10 locations throughout the state and give up to $3 million in tax breads to racetrack owners.»
Blandford Aligns With Mfuse
21 March 2008
Mobile gambling technology provider Mfuse has raised £2.55 million through a round of fundraising. Most of the proceeds come from Internet gambling pioneer Mark Blandford, who joins the company as non-executive director.»