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iGaming News Page 661

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Weekly Nambling Notes
9 February 2008
A roundup of news briefs from the week of Feb. 4-8, 2008.»
Parlay M&A: No Agreement Yet, CEO Says
8 February 2008
Parlay Entertainment, the late-January recipient of two competitive bid approaches, said today negotiations with the two suitors are ongoing but that no deal has been reached yet.»
Nambling Notes - Feb. 8, 2008
8 February 2008
The NBA spends hundreds of thousands to preserve U.S. restrictions on land-based and Internet gambling, Calvin Ayre says "I told you so" to publicly-traded I-gaming companies and more.»
Uncertain Future for Proposed Addiction Tax in Scotland
8 February 2008
Concerns over gambling addiction have led a member of Scotland's parliament to demand a mandatory tax on gambling companies in the country.»
Harrah's Offers Deal to Gala
8 February 2008
Harrah's Entertainment has proposed a deal to merge its London Clubs International division with Gala Casinos. A business resulting from a merger between London Clubs and Gala Casinos would own 40 casinos in Britain, just one shy of Stanley Casinos, the country's largest casino operator.»
Nambling Notes - Feb. 7, 2008
7 February 2008
Ladbrokes acquires Northern Irish bookie Eastwoods, 888, Rank and Playtech see big gains on the London Stock Exchange and more.»
US Law Roundup - February 2008
7 February 2008
Staying on top of interactive gambling bills as they move through the United States' federal and state legislatures no longer entails hours of research, thanks to this monthly update on U.S. state and federal legislation.»
I-Lottery Update - February 2008
7 February 2008
As one of the world's most popular forms of gambling, lotteries have successfully made the shift to the interactive arena. Once a month, IGN's I-Lottery Update delivers an international roundup of the latest news from this burgeoning sector of the industry.»
France's FDJ Down on Loss, Up on Forthcoming Mobile Launch
7 February 2008
France's gambling monopoly, La Francaise des Jeux (FDJ), has reported a drop in annual revenues for the first time in 15 years, but launching new products this year, including a mobile offering, could help repair the small loss.»
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.»
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