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iGaming News Page 662

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Calvert Loses £2 Million Case against William Hil
12 March 2008
Graham Calvert, the self-professed pathological gambler who sued William Hill to recover £2 million in betting losses, has been defeated in High Court. Justice Briggs ruled that it is Calvert's compulsive behavior, not William Hill, that led to his financial ruin, and that the bookmaker owes no duty of care to problem gamblers.»
Embed Equips US Bowling Entertainment Centers
12 March 2008
Embed International, which provides debit card and point of sale systems to the amusement industry, has installed its Embed System at twelve U.S. bowling entertainment centers. The company has also completed deals to install systems at six more facilities in the next three months and is negotiating contracts with a number of other facility operators.»
Nambling Notes - March 12, 2008
12 March 2008
888 goes live with its Blue Square-powered online sports book, the Swedish Space Corporation OKs one man's proposal for a red, homey domicile on the moon and more.»
Everest Poker Fuels GigaMedia Growth
12 March 2008
Taiwan-based GigaMedia, owner of Everest Poker, reports a 77 percent increase in revenues to $166.9 million and a 73 percent increase in operating income to $38.1 million in 2007, driven by growth in its poker software business in Europe and its online games business in Asia.»
Taiwan Could be Next to get Casinos
12 March 2008
Both candidates in Taiwan's presidential election say they favor legalizing casinos as a way to raise revenue.»
USTR Authority under Congressional Scrutiny in WTO Settlements
12 March 2008
Rep. Peter DeFazio, D-Ore., is questioning the U.S. Trade Representative's authority to negotiate compensation settlements with members of the World Trade Organization for the U.S. withdrawal of gambling services from the General Agreement on Trade in Services.»
Microgaming launches Tomb Raider slots
11 March 2008
Launching today is one of the most ambitious video slots yet seen in online gambling - Tomb Raider: Secret of the Sword. »
RGA Complaint Spurs EC Study of US Policy
11 March 2008
The European Commission has launched an investigation into U.S. online gambling policy following a complaint by the Remote Gaming Association (RGA). The investigation will take five to seven months will include dialogue with interested parties and relevant authorities.»
Neteller Optimistic on 'Milestone' Year
11 March 2008
Neteller this morning revealed a $185.7 million full-yearly pre-tax loss, but Chief Executive Ron Martin said the company was recovering well from a year that saw millions paid in settlement to the U.S. Justice Department.»
Neteller Growth 28 percent in Europe and 44 percent in Asia
11 March 2008
Neteller's chief executive called 2007 a milestone for the company despite a $185.7 million loss on the year. The company emphasizes the successful completion of its massive multi-million dollar settlements with U.S. Department of Justice and wants to direct media and investors' attention elsewhere.»
2007 Record Year for Great Canadian Gaming
11 March 2008
Great Canadian Gaming reports a 13 percent growth in EBITDA to $110 million and 3 percent growth in revenue to $397.2 million in 2007. Both figures are new all-time highs for the company.»
Gala Coral Interested in Tote
11 March 2008
Gala Coral says it would like to form a consortium with the British horse racing industry to take over the Tote. Chief executive Neil Goulden said he would write to the government to confirm his interest. Last year Gala Coral told the government it would bid £405 million for the Tote if it came up for auction.»
Nambling Notes - March 11, 2008
11 March 2008
GigaMedia beats Wall Street forecasts with a strong performance from its poker software arm, Cupid leaves two British texters sappily co-habitating in a case of mistaken love and more.»
Vegas Gaming Revenue Falls
10 March 2008
January gaming revenues at Las Vegas casinos fell 1.3 percent to $597.3 million compared to last year. It's the first time gaming revenue has slipped since 2001.»
Luxury Casino Anchors in India
10 March 2008
Next month a luxury gambling ship called Maharajah Casino will launch in the Indian state of Goa. The $25 million vessel is 70-meters long and operated by Creative Gaming Solution, a subsidiary of Mumbai-based Pan India Network Infravest Pvt Ltd (Pinipl).»
Majority Opposed to Thai Casinos
10 March 2008
More than half of the respondents to an Assumption University survey disapprove of Prime Minister Samak Sundaravej's plan to build casinos in Thailand»
Gala Steeply Devalued
10 March 2008
The Guardian reports that the value of Gala Coral has been cut in half.»
LadbrokesBingo.com Launches TV Ad Campaign
10 March 2008
Ladbrokes, the first company to broadcast television commercials under the relaxed gambling advertisement standards in the UK, has launched a new £2 million campaign for LadbrokesBingo.com.»
Ohio Lottery Presents Keno
10 March 2008
The Ohio Lottery will introduce keno taverns, restaurants and clubs throughout the state on July 1.»
Everest Sponsors World Series of Poker
10 March 2008
Everest Poker has signed a multi-year agreement with Harrah's Entertainment to become the exclusive sponsor of the World Series of Poker in Las Vegas.»
Court Dismisses iMEGA's Challenge to UIGEA
10 March 2008
A U.S. District Court has dismissed the Interactive Media Entertainment & Gaming Association (iMEGA)'s challenge to the Unlawful Internet Gambling Enforcement Act (UIGEA).»
NCAA.com to Stream March Madness for Free
10 March 2008
NCAA.com, the official website of the National Collegiate Athletic Association, will again broadcast free live video streams of every game of the 2008 Men's Division 1 March Madness basketball tournament.»
The Top 10s
10 March 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending March 8.
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.»
Weekly Nambling Notes
10 March 2008
A review of news briefs from the week of March 3-7, 2008.»
Market Briefs - March 3-7, 2008
10 March 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
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