iGaming News Page 666

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.»
Playtech Academy launched
4 February 2008
The Playtech Academy was successfully launched during the 2008 ICE convention in London. »
The Top 10s
4 February 2008
Hitwise's Top 10 "Entertainment -- Gambling" sites for the week ending February 2.
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 - Jan. 28-Feb. 1, 2008
4 February 2008
IGN's weekly roundup of financial news in the I-gaming industry.»
Betting on Redknapp Prompts Second Investigation
4 February 2008
For the second time in two years the Football Association has launched an investigation into suspicious betting surrounding manager Harry Redknapp.»
Nambling Notes - Feb. 4, 2008
4 February 2008
Mobile provider Spin3 is set to compete in the U.K. market, ticket sales projections for the U.K. National Lottery don't look promising and more.»
Super Bowl's $10bn betting bonanza
4 February 2008
Super Bowl betting reached record levels this year after an estimated $10 billion was wagered on the event, which saw the New York Giants beat the favourite New England Patriots.»
Gtech in Boss Media Offer
4 February 2008
Lottomatica subsidiary Gtech and Medstroms AB have made a public cash offer to acquire all outstanding shares of software developer Boss Media. Under terms of the offer, the pair – through a jointly-owned bid vehicle – have offered SEK19 in cash per outstanding share, giving Boss Media an enterprise value of SEK 937 million.»
Bally Opens Second Indian Gaming Unit
4 February 2008
Bally Tech's Indian subsidiary revealed new $32 million investment plans which include opening a second gaming development studio in the country.»
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.»