iGaming News Page 701

German Monopolies Here to Stay?
28 March 2007
In a conference last weekend in Wiesbaden, Germany, the 16 national sports federations and the German Olympic committee affirmed that "the monopolistic position of sports betting should be maintained in the German States."»
Nambling Notes - March 28, 2007
28 March 2007
Today: Intralot releases its full year results, WagerWorks is Alderney-licensed and more.»
DOJ Wins Again
28 March 2007
A California-based, back-end payment processing company has entered into a non-prosecution agreement with the United States Attorney for the Southern District of New York, Michael J. Garcia.»
17 Busted in NY
28 March 2007
The Queens District Attorney's Office this afternoon announced the indictment of 17 individuals on charges of running a $30 million-a-year illegal sports betting operation.»
Sporting Odds & Ends - Apri
28 March 2007
News on the latest developments, trends and issues in the sports betting industry.»
Smith Bids IGC a Fond Farewel
27 March 2007
Rick Smith, executive director of the Interactive Gaming Council, has announced his departure from the organization at the end of March.»
Nambling Notes - March 27, 2007
27 March 2007
Today: FUN Technologies releases its Q4 and full year results, AFN is not happy with the Canadian government and more.»
Analyst Doubts Frank's Repeal Effort
27 March 2007
An independent report released on Monday by the Stanford Group, part of the privately held Stanford Financial Group, shows little confidence in the efforts to overturn last year's prohibitive anti-Internet gambling legislation.»
NETeller cuts off Canadian, Turkish markets
26 March 2007
NETeller will no longer allow Canadian or Turkish account holders to do business with Internet gambling companies the company announced in a press release today.»
Market Briefs - March 19-23, 2007
26 March 2007
IGN's weekly roundup of financial news in the I-gaming industry.»
Nambling Notes - March 26, 2007
26 March 2007
Today: Neteller pulls out of Turkey and Canada, CryptoLogic extends its partnership with Marvel and more.»
Weekly Nambling Notes
24 March 2007
A review of news briefs from the week of March 19-23, 2007.»
Casino Watch - Apri
23 March 2007
A monthly review of news from the land-based, online casino and poker industries»
Insights: Political Expediency over Commercial Pragmatism
23 March 2007
The United Kingdom appeared to be grooming itself to become the world leader in regulated remote gambling, but the remote gaming duty, set at 15 percent by Chancellor Gordon Brown this week, effectively dashed the hopes of many tax-sheltered offshore operators wishing to relocate to the country. IGN asked Warwick Bartlett, lead partner, Global Betting & Gaming Consultants: Did the U.K. government turn its back on the industry?»
Nambling Notes - March 23, 2007
23 March 2007
Today: The Swedish gaming market may liberalize as early as this summer, I-gaming stocks are up on the LSE and more.»
German States Advised to Change Draft Agreement on Gambling Monopolies
23 March 2007
German Industry Commissioner Guenter Verheugen has written a letter to the German federal states, warning them that their draft agreement to restrict sports betting to state monopolies needs to be changed within 30 days.»
Nambling Notes - March 22, 2007
22 March 2007
Today: Positively negative reactions to the Budget across the industry, Sportingbet settles with the state of Louisiana for $400,000 and more.»
Call TV: No Fair Play!
22 March 2007
The last two weeks have seen the integrity of Call TV, or "participation television," dismantled, amid allegations of fraud and inadequate consumer protection.»
AFN to AGLC: We Won't Submit
22 March 2007
The Alexander First Nation (AFN) said on Wednesday it would not submit to Alberta Solicitor General Fred Lindsay's warnings to halt plans to license and host online gaming companies on its reserve near Edmonton.»
NETELLER moves to return U.S. funds
21 March 2007
NETELLER signed an agreement with the United States Attorney's Office for the Southern District of New York yesterday which outlines the terms and timeline for which it will return funds to U.S. customers.»
Neteller says Plans for US-funds Return to be Issued within 75 Days
21 March 2007
Neteller this morning announced that, via a cooperative agreement with U.S. authorities, it anticipates having a plan in place within 75 days to return funds to its U.S. customers.»
Sportingbet Reaches 'Amicable' Resolution with Louisiana DA
21 March 2007
In a prepared statement to the London Stock Exchange (LSE) this morning, Sportingbet said it has reached an "amicable resolution" with the St. Landry District Attorney (SLDA) in the state of Louisiana.»
Nambling Notes - March 21, 2007
21 March 2007
Today: The U.K.'s Remote Gaming Duty draws negative reactions from the industry, Cantor Gaming acquires Kismet Group and more.»
The Top 10s
21 March 2007
Hitwise's Top 10 "Entertainment – Gambling" sites for the week ending March 16.
The No. 1 sites:
Australia: TAB Racing
Hong Kong: HKJC Football Betting Limited
United Kingdom: Betfair
United States: California Lottery
View the complete lists.»
Spring Brings Hope for Private Operators in Europe
21 March 2007
On this first day of spring, the European Commission has taken action to put an end to obstacles to the free movement of sports betting services in Denmark, Finland and Hungary.»