News
Here is where you will find all the news, we have published in one spot to read and explore all aspects of the gaming industry. The latest news reports across the gambling market is available to keep our customers in the loop!
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Gambling News
MERRILL LYNCH STUDY CLAIMS ONLINE GAMBLING COULD BE A $528 BILLION INDUSTRY BY 2015
THE REGISTER Online gambling poised to pull $528bn – US shuns cash cow By Burke Hansen in San Francisco Tuesday 12th December 2006 Internet gaming is now the fastest growing segment of internet commerce, according to a report from Gamingpublic.com, an industry trade publication. -
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NEW eCOGRA TEAM TO MONITOR UK ONLINE GAMBLING
BCS 12/12/2006 A new team has been established to monitor online gambling in the UK. eCOGRA’s new team will monitor all 91 online casinos and 21 poker rooms accredited with the body’s Play It Safe seal to ensure online gambling in the UK is as safe as possible. The new four-member team, all of whom have experience in the gambling and audit industry, will conduct on-site assessments of online casinos and poker rooms to ensure casinos adhere to its standards and regulations.
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Gambling News
South Africa Prepares To Legalize Mobile and Online Gambling
BUSINESS DAY CAPE TOWN — Online and cellphone gaming will become legal for the first time in SA if a draft amendment bill adopted by the cabinet last week is finally passed into law. The South African gambling industry has been frustrated by the length of time it has taken government to come up with regulations to legalise internet gaming.
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Online Casino Tycoon Prepared to Pay Palistine and Israel $1 Billion Each For Peace
ZAMAN (zaman.com) By Anadolu News Agency (AA), Jerusalem Thursday, December 07, 2006 An Israeli businessman has offered $1 billion dollars to Palestinian Prime Minister Ismail Haniye if he reaches a peace agreement with his Israeli counterpart. Billionaire Israeli businessman Avi Shaked, whose great fortune came from running internet gambling sites, told the Reuters news agency that he wanted the killing to stop.
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Gambling News
European Online Gambling Industry Takes Dim View of Sands Launch Into Online Gaming
Telegraph.co.uk By Harry Wallop Last Updated: 12:02am GMT 06/12/2006 The European gambling industry has attacked the launch of an online gaming website by Las Vegas Sands, the US giant. Torbjorn Ihre, the head of public affairs at the European Betting Association, said: “It’s hypocrisy and discrimination. These two words fit.
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Bodog Pulls All US Advertising, Moves Global HQ to Antigua
PRNewswire December 5, 2006 St. John’s, Antigua and Barbuda Bodog.com Entertainment announced today a plan to pull all its U.S.-facing gaming-related advertising, mostly for its free-play and educational site, Bodog.net. The advertising pullback, which is quite extensive, includes television, radio, magazine and newspapers in the U.S.
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LAS VEGAS SANDS SIGNS DEAL FOR ONLINE GAMLING SITE
PR NEWSWIRE Agreement with Cantor Gaming will provide End-to-end Online Gaming Portal LAS VEGAS, Dec. 4 /PRNewswire-FirstCall/ — Las Vegas Sands Corp.
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Madrid Licenses Online Gambling, Followed Italy's Lead
iGAMING BUSINESS04-12-06 A host of bookmakers and online gambling companies are expected to flock to the Spanish market following the decision by Madrid’s regional government to regulate gaming through the introduction of licences.
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Games & Casino News
Προστέθηκε Νέο Ελληνικό Review Καζί
Προσθέσαμε μια νέα συλλογή Ελληνικών καζίνο στην κατηγορία Games and Casino.
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IT COULD BE CALLED 'THANK YOU FOR GAMBLING'
EGamingPulse Friday, December 1 In the recent movie “Thank You for Smoking,” the hero–a tobacco lobbyist–comes under fire for working to protect people’s right to smoke. A similar movie could be made about gambling. The villain would be Rep. Bob Goodlatte (R-VA). Goodlatte has been fighting to enact legislation on Internet gambling for some time, and he can now finally claim a good deal of success with the passage of H.R.
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Gambling News
BETONSPORTS FACES LEGAL ACTION FROM ANTIGUA-BARBUDA REGULATOR
Caribbean Net News Friday, December 1, 2006 ST JOHN’S, Antigua: The Financial Services Regulatory Commission (FSRC) of Antigua and Barbuda on Thursday announced that it has filed an application for a restraining order in the High Court of Justice, against BETonSPORTS (Antigua) Ltd.
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Sportingbet Reports Huge Online Gambling Losses - Castigates UK
BBC NEWS Sportingbet has reported quarterly losses of £241.4m ($470.6m), after selling its US business for £1. The online gambling firm took a charge of £252m on exiting the US in October, shortly before new laws outlawing internet gaming came into force there. But it saw gross profit from its other gambling operations rise 48% to £31.7m, in the three months to 31 October.
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eCOGRA APPOINTS FORMER HEAD OF ACCTING FIRM TO BOARD
LONDON, November 28, 2006 – eCOGRA (eCommerce and Online Gambling Regulation and Assurance) www.ecogra.org, the online gambling industry’s player protection and standards authority, has appointed a highly experienced leisure and gaming financial executive as an additional independent director on the Board.
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Russian Gambling Bill Making the Rounds - Wins Round One
iGAMING BUSINESS24-11-06 The Gambling Bill proposed by President Vladimir Putin in October, which plans to set up four gambling zones in Russia, has been approved at its first reading by the Duma last week by a vote of 440-0 and one abstention. The president had proposed the bill after the Interior Ministry launched an operation to check the financial, tax and sanitary-epidemiological documents of a variety of gambling establishments in the capital allegedly linked to the Georgian mafia.
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RX.com Launches a Universal Gambling Portal - TheRXCasinos.com
(PRWEB) November 23, 2006 — TheRXCasinos.com, the first in a series of new online gambling portal Web sites from TheRX.com, announces its Web site launch today. The well-established sports information Web site, TheRX.com promises its new Web site, TheRXCasinos.com to be the first of a sequence of new Web sites set to expand upon TheRX.com’s success, with each new site having its own distinct focus. As the name suggests, TheRXCasinos.
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Gambling News
Tiny Antigua Grabs The US By Its Illegal, Online Dice
THE REGISTER By Burke Hansen in San Francisco Tuesday 21st November 2006 Has the time actually come for Congress to read its own legislation? In the wee hours before Congressmen could head off for their election year recess, they managed to churn out a mound of unread anti-gambling legislation. In their haste to vacate, the lawmakers added fuel to a smoldering trade dispute between the tiny island paradise of Antigua and the superpower to the north.
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Gambling News
ANTIGUA AMBASSADOR THINKS NEW US CONGRESS MAY PROVIDE HOPE FOR ONLINE GAMING
THE ANTIGUA SUN Monday November 20 2006 As speculation about how the upcoming change in the make-up of the US Congress and House of Representatives may impact on Antigua & Barbuda’s economic interests, at least one senior diplomat is holding out hope that some changes might come about on key issues.
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Gambling News
EXPERTS WARN IT MAY BE YEARS BEFORE CONGRESS ADDRESSES ONLINE GAMBLING REGULATION
LAS VEGAS SUN By Liz Benston November 19, 2006 While the gaming industry is heralding the appointment of casino-friendly Democrats to key positions of power in Washington, experts warn that it could take many years before Congress will be willing to consider regulating online gambling. “If it comes up again, they’re going to say, ‘We’ve already dealt with that issue,’ ” said David Stewart, a Washington attorney who advises the American Gaming Association.
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GAMBLERS STILL HOLD A GRUDGE AGAINST ONLINE GAMBLING BAN
LAS VEGAS SUN By Liz Benston November 19, 2006 Passing bills in the dead of night without a lick of debate was business as usual in President Bush’s Republican-controlled Congress.
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PARTYGAMING'S DIXIT PLUMMETS DOWN FORBES LIST OF RICHEST INDIANS
MONEYCONTROL (www.moneycontrol.com) 2006-11-18 11:29 The Forbes list of richest Indians is out and India’s top 10 have seen their net worth skyrocket almost 60 % in a year reports CNBC-TV18. The top 10 Indian billionaires have added USD 64 billion to their net worth in a year. Lakshmi Mittal, who is also the world’s third richest man, has been crowned the richest Indian once again this year.
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CASINO EXECUTIVES SPEAK OUT ON INTERNET GAMBLING BAN
YAHOO NEWS By RYAN NAKASHIMA, Associated Press Writer Thu Nov 16, 12:37 AM ET LAS VEGAS – Casino executives and a poker lobby group said that they hope a change in power brought by the midterm elections will help them overturn an Internet gambling ban rushed through Congress while Republicans were still in control. MGM Mirage Inc. chief executive Terry Lanni said Wednesday that the measure is “ridiculous” because it was signed into law Oct.
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30 CHARGED IN NEW YORK WITH OPERATING AN ILLEGAL ONLINE GAMBLING OPERATION / ONLINE BOOKMAKING
PC WORLD Grant Gross, IDG News Service 16/11/2006 06:48:17 Twenty-seven people and three corporations face charges related to operating an illegal online gambling operation in indictments announced Wednesday by the Queens District Attorney’s Office and the New York City Police Department. The defendants operated a “highly sophisticated” gambling operation that booked more than US$3.3 billion in wagers over 28 months, the law enforcement authorities said.
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GAMBLING SITE WEB REQUESTS UP IN SPITE OF US LEGISLATOIN
BUSINESS WIRE LONDON & SAN MATEO, Calif.–(BUSINESS WIRE)–ScanSafe, the leading global provider of Web Security-as-a-Service, today released its latest Global Threat Report on Web and instant messaging (IM), spyware and Web viruses.
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TECH ADVANCES AND INTERNATIONAL EXPANSION HERALDED AT G2E
November 16, 2006 08:49 AM Eastern Time BUSINESS WIREPanelists Reaffirm Their Commitment to Responsible GamingGlobal Gaming Expo 2006 LAS VEGAS–(BUSINESS WIRE)–Technological advancements and the international expansion of gaming dominated the discussion at Wednesday’s G2E keynote panel as international industry leaders gave their insights on what will define the next generation of global gaming. Moderated by American Gaming Association (AGA) President and CEO Frank J.
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POWER PLAY: PLAYTECH TO PURCHASE RIVAL FIRM TRIBECA
REUTERS UK Mon Nov 13, 2006 9:58 AM GMT31 By Pete Harrison LONDON (Reuters) – Gambling software maker Playtech (PTEC.L: Quote, Profile, Research) agreed to buy rival Tribeca for $75 million (39 million pounds) on Monday to create a company twice the size of its nearest competitor.
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BETONSPORTS BANNED PERMANENTLY FROM THE U.S.
CNN MONEY BetOnSports ban separate from tax suit against company executives. November 10 2006: 4:29 PM EST ST. LOUIS (Reuters) — BETonSPORTS Plc and government prosecutors agreed Thursday on a court order permanently restraining the indicted online gaming company from taking bets in the United States, according to a release from a U.S. Attorney Catherine L.
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UK EMBRACES ONLINE GAMBLING WHILE US ISOLATES
POKER NEWS November 09, 2006 Haley Hintze In an article written by Haley Hintze at POKER NEWS, comparisons were made between the governments of Great Britain and the United States…. “A virtual line in the sand drawn by United Kingdom officials responsible for the oversight of Britain’s legalized online gaming industry is likely to further isolate the United States in its efforts to legislate online gaming out of existence. As reported in The Register, the U.K.
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REPORT ON EU GAMBLING STUDY: THE CASE FOR CHANGE!
EU BUSINESS The European Betting Association and the Remote Gambling Association welcome the final publication by the European Commission on 12th October 2006 of the Study of Gambling Services in the Internal Market of the European Union commissioned in November 2004 to the Swiss Institute of Comparative Law. This Study sheds significant light on the gambling market of the EU.
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GAMBLING INDUSTRY RESHUFFLES ITS CARDS
iGAMING BUSINESS08-11-06 London, UK (Press Release) 7 November 2006 — Gaming companies have switched their focus from the huge US market to concentrate more on Europe and Asia; speculation is mounting regarding mergers between 888 and PartyGaming and /or Ladbrokes; London casinos are becoming important strategic asset for foreign gaming companies; new legislation in Britain next year will clear the way for super casinos and an influx of online gaming businesses and Ryan air have reportedl...
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BETonSPORTS AND U.S. MAKE DEAL
REUTERS UK BETonSPORTS, U.S. reach stop-business agreement Mon Nov 6, 2006 5:10 PM GMT137 ST. LOUIS (Reuters) – BETonSPORTS Plc (BSS.L: Quote, Profile, Research) and government prosecutors have agreed on a court order permanently restraining the indicted online gaming company from taking bets in the United States, lawyers on both sides told a U.S. court in St.
