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Sunday, 9 August 2026
iGaming News Page 767
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German Premiere TV to Launch Betting Channe
28 June 2005
Premiere, the German films, sports and porn Pay TV operator, says it will launch a complete betting channel in the fall.
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Market Briefs - June 20-24, 2005
28 June 2005
Dozens of publicly held interactive gaming companies are reporting, acquiring, floating, spinning off, merging, de-listing, rising and falling in stock markets all over the world. Every week IGN wraps the financial happenings of the Net betting biz from the previous week into a nifty little package just for you.
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Nambling Notes - June 28, 2005
28 June 2005
In today's Nambling Notes: The British horse racing data rights case returns to the courts, plus more.
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Editorial: Dotcom Bubble or i-Gaming Bull Market?
27 June 2005
On June 2nd PartyGaming plc, the world’s biggest online poker company, said it would offer up to 23% of its shares in an initial public offering (IPO) on the London Stock Exchange. The issue was tentatively priced on June 15th at 111 pence to 127 pence; the mid point of this range would value the company at £4.76 billion. Earlier estimates were higher. In early June CNN News put the deal’s size at about $1.8 billion, valuing PartyGaming at $7.8 billion; some analysts said PartyGaming would be worth $8 billion to $10 billion, or £4.4 billion to £5.5 billion.
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Gambling Law Update - June 2005
27 June 2005
Attorney Lawrence G. Walters produces a monthly review of legal and legislative activity related to Internet gambling. June's report covers prospects of legalized I-gaming in the United States as well as updates on advertising law and the U.S./Antigua WTO dispute.
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Nambling Notes - June 27, 2005
27 June 2005
In today's Nambling Notes: FullTiltPoker and World Poker Exchange sponsor land-based poker tournaments for TV broadcast, former German football referee Robert Hoyzer speculates on the amount of match fixing in football and more.
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Industry Drawing Attention From Institutional Investors
24 June 2005
With the world's largest online poker room, Party Poker, prepared to float publicly on the London Stock Exchange next week the interactive gaming industry got a lot of attention from the investment world over the last few months.
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Nambling Notes - June 24, 2005
24 June 2005
In today's Nambling Notes: U.S. trade negotiators meet in Geneva for discussions to expand GATS obligations, PartyGaming finds more than enough subscribers to its IPO, plus more.
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Betfair Helps Expose Betting Ring
23 June 2005
Officials with the world's leading betting exchange, Betfair, released a statement on Wednesday that it has played a role in uncovering a possible betting ring.
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A Closer Look at Casino City's Appea
23 June 2005
Casino City's primary goal in appealing its declaratory judgment case to the U.S. Court of Appeals for the Fifth Circuit is to obtain a ruling that the company does indeed present a First Amendment Issue. In February 2005 the Casino City case was dismissed by the Department of Justice at the district court level because the court declared that the company failed to present a case or controversy and that it does not have standing to present the case. The district court dismissed the case without even granting Casino City a hearing. The company's recent appeal charges that the district court's decision is erroneous, and although the arguments presented to the Court of Appeals are quite similar to those presented to the district court, they are now reinforced by a myriad of case law examples in which plaintiffs were objectively chilled from exercising free speech but were found to have standing.
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Nambling Notes - June 23, 2005
23 June 2005
In today's Nambling Notes: Racing Victoria seeks bookmaking licensees for the 2005/06 racing season, BACTA sells a controlling interest in trade show arm ATE, GamSure becomes GamBond, plus more.
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Sporting Odds & Ends - June 2005
22 June 2005
News on the latest developments, trends and issues in the sports betting industry.
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Nambling Notes - June 22, 2005
22 June 2005
In today's Nambling Notes: Sponsorship deal insures Channel 4 racing coverage through 2006, PartyGaming has completely covered its book at its proposed price range, GTECH and Veikkaus form a joint venture to develop sports betting via interactive channels, plus more.
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Empire Raises $34 Million in Float
21 June 2005
While talk in the I-gaming industry regarding floats and IPOs centered on Party Gaming within the last month, it was another online poker room operator, Empire Online Limited, which floated last week.
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Sportsbook.com Refunds Wagers on U.S. Grand Prix
21 June 2005
It wasn't just the tens of thousands of fans who showed up in Indianapolis to watch the U.S. Grand Prix on Sunday who were disappointed with the outcome of the controversial race.
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GIGSE '05 Sets Records
21 June 2005
Nearly 1,400 people, 100 official companies and 47 different countries were represented at the
2005 Global Interactive Gaming Summit and Expo
last week in Montreal.
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PartyGaming Float Still On Schedule
21 June 2005
On June 15th Gibraltar-based PartyGaming published its 200-page flotation prospectus, which among other things revealed that the company would seek a market valuation between $8 billion and 9.2 billion (£4.4 billion and £5.1 billion). The valuation is significantly lower than the $10.5 billion (£5.8 billion) figure that the company originally indicated it would seek only a couple weeks ago. The company's prospectus declares the new valuation a "realistic assessment" of the company's worth, but many news analysts have speculated that the decrease in value is a response to investors' concerns. Chief among those concerns is how the company, which derives close to 90 percent of its business from the US, will cope with the legal uncertainty of online gambling in the US.
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Nambling Notes - June 21, 2005
21 June 2005
In today's Nambling Notes: iGGBA welcomes new members, Ladbrokes is defeated before Sweden's Supreme Administrative Court, plus more.
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PokerRoom.com Earns eCOGRA Seal
20 June 2005
With the growing popularity of online gaming, particularly poker, PokerRoom.com is pleased to announce it has earned the Play it Safe seal from eCOGRA.
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Sparks Fly During GIGSE Payment Pane
20 June 2005
It didn't take long for sparks to fly at GIGSE 2005. Towards the end of the conference's first day of seminars a panel was held to discuss the challenges facing the payment processing industry.
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On Track - June 2005
17 June 2005
A monthly review of events, business news and other happenings in the racing industry, particularly in the interactive space.
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Summary of the Interactive Gaming Industry
17 June 2005
Professor Joseph Kelly from State University of New York College at Buffalo presented a very thorough roundup of the I-gaming industry and the key legal issues to the U.S. National Council of Legislators from Gaming States at the council's meeting held June 4. The document was made available courtesy of Cantania Consulting Group (www.cataniaconsulting.com).
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A Taxing Situation for BetandWin in Austria
16 June 2005
The office of Vienna's public prosecutor says that Austria-based BetandWin should have been taxed on revenues generated by its offshore online gambling subsidiary. The office has confirmed with Austria Presse Agentur that it is investigating the company under suspicion of illegal levy on gambling tax.
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Nambling Notes - June 16, 2005
16 June 2005
In today's Nambling Notes: Party Poker nears liftoff, Casino City files an appeal and more.
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PokerRoom.com Awarded Regulator's Approval
14 June 2005
eCOGRA has announced the award of the "Play It Safe" seal to PokerRoom.com.
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