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iGaming News Page 664

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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.»
Airbus Negotiates with Flying Casino Operators
15 February 2008
Airbus says it has been approached by Asian firms interested in using its A380 "superjumbo" aircraft as a flying casino.»
Q & A: Jean Moreau Jørgensen
15 February 2008
Jean Moreau Jørgensen, 50, received his master's in economics at the University of Copenhagen, an executive MBA at the Copenhagen Business School and later served Dansk Tipstjeneste's acting chief executive. Currently, he's working for Norwegian state-licensed operators Norsk Tipping and Veikkaus -- and occasionally for lotteries in Denmark, Sweden and Iceland -- as a gambling business intelligence consultant in Brussels.»
Nambling Notes - Feb. 15, 2008
15 February 2008
Entraction partners with NYX Interactive to launch a bingo offering, Unibet CEO Petter Nylander recalls the "good old days" before mobile phones and more.»
Ladbrokes Shares up on Fresh Takeover Rumors
15 February 2008
Ladbrokes rose 2.4 percent in London trading today after a second straight day of takeover rumors.»
Casino Watch - March
15 February 2008
A monthly review of news from the land-based, online casino and poker industries.»
Boss: GEMed Takes 50 Percent in 48 Hours
14 February 2008
After GEMed raised the stakes Wednesday in its bid to acquire Boss Media, the Swedish supplier's Chief Executive Michael Hallén said this morning that GEMed has acquired roughly 50 percent of Boss' issued share capital -- in the last 48 hours.»
Vegas Is Recession Resistant
14 February 2008
Las Vegas Sands Corp's chief operating officer has declared Las Vegas recession resistant, saying it is unlikely suffer a significant decline if the American economy should suffer the economic downturn analysts anticipate.»
William Hill in Self-exclusion Blunder
14 February 2008
A compulsive gambler is suing William Hill to reclaim £2.1 million he lost with the company after putting himself on their self-exclusion list.»
Self-Admitted Self-Excluder Wants back his £2.1 Million
14 February 2008
A compulsive gambler is suing William Hill to reclaim £2.1 million he lost with the company after putting himself on their self-exclusion list.»
Cashcade is on the Market
14 February 2008
Cashcade Ltd, a company that tags itself as "the UK's leading gaming marketing company" is thinking about a public offering or sale. Owner of Getminted.com, FoxyBingo.com and Thinkbingo.com, the company also claims to be the second largest operator of bingo sites in the UK, behind only Gala.»
Cashcade: To Float or not to Float?
14 February 2008
Cashcade Ltd., a company that bills itself as "the United Kingdom's leading gaming marketing company," is thinking about a public offering or sale. Owner of Getminted.com, FoxyBingo.com and Thinkbingo.com, the company also claims to be the second largest operator of bingo sites in the United Kingdom, behind only Gala.»
Gamestec Studies AWP and SWP Players
14 February 2008
A new report commissioned by coin-op operator Gamestec has found that in orders to boost machine take pub operators need to differentiate between players drawn to SWPs and those who prefer AWPs.»
Arcades Still Hot in Philippines
14 February 2008
Despite the recent decline in popularity of amusement arcades around the world, a Philippines-based operator is experiencing a boom in business.»
Boss' Board OKs New GEMed Offer
13 February 2008
GEMed, a jointly-owned subsidiary of Gtech and Swedish investment firm Medströms, has upped its bid for Boss Media. Boss' board, in turn, has recommended that company shareholders accept the offer.»
Gaming Clubs in Irish Money Laundering Bill's Scope
13 February 2008
Ireland's Justice Minister Brian Lenihan last night introduced legislation intended to transpose the EU's Third Money Laundering Directive into Irish Law. If enacted the bill would require Irish gaming clubs and private member clubs to comply with money laundering preventions from which they are currently excluded.»
IPGL Takes 15.8 Percent Stake in Probability
13 February 2008
AIM-listed mobile gambling services provider Probability received its newest investor Tuesday as Michael Spencer, chief executive of interdealer broker ICAP, took a 15.8 percent holding in the company.»
Nambling Notes - Feb. 13, 2008
13 February 2008
NetEnt signs another anonymous licensee, 32Red launches poker on the Microgaming network and more.»
U.K. court says poker is a game of chance
12 February 2008
A British appeals court declared this week that poker is a game of chance under U.K. law, and Gutshot will need a license if it wants to offer the game in a private club.»
Uncertain Future for Holland Casino's Internet Ambitions
12 February 2008
Last week, state-licensed casino operator Holland Casino had its plans to launch an online offering delayed, as the Dutch Senate postponed a vote on a proposal to extend the operator an online license. The issue has remained before the Senate -- the country's legislative terminus -- for over a year, but could by February's end finally be put to a vote.»
Nambling Notes - Feb. 12, 2008
12 February 2008
Three spectator-gamblers receive the boot from a Belgian tennis tournament, JP Morgan speculates that chances of a Rank takeover are increasing and more.»
New Segments, New Regions for 888 in '08
12 February 2008
While discussing the company's fourth-quarter trading update today, 888's CEO hinted at the company's strategy for future growth.»
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