November, 2008

Latest Casino News

Over a thousand land casinos have closed in Moscow alone

The Russian news agency RIA Novosti reports that more than 1 000 land-based casinos have been closed down in Moscow in the past 18 months under a law passed last year to move gambling from large cities to far-flung regions . Speaking in the Russian capital city, a government official told Novosti that the closures were under the...

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What to look out for when gambling online

In a move to protect online players and help them get the best out of Internet gambling entertainment, the UK Gambling Commission has published a useful beginner's guide at The guide sets out t...

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Bwin takes initiative in Austrian law drafting

Legislation drafted by the Austrian government's Finance Minister Wilhelm Molterer is so skewed to favour state monopolies like Casinos Austria - and against European Union law - that the Vienna-listed online gambling group Bwin Interactive Entertainment AG has commissioned its legal team to draw...

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UK online bingo shows 80 percent increase

Online bingo analysis over the past six months has shown an 80 percent increase in players, shrugging off recessionary fears, at least for now. The UK online bingo information website has released this data in conjunction with the announcement of the 2009 Players...

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Ukash has launched in South Africa

Ukash, the European payment solution that enables online purchasing using prepaid vouchers, has launched in South Africa. "We saw a great opportunity in South Africa," says Mark Chirnside, CEO of Ukash. "There are currently no precedents in the market and this opens the door to online shopping for so many South Africans." Chirnside bases his statement on...

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Improved handset technology and an up-and-coming generation of mobile-savvy users increase the momentum

The Bloomberg business news service carried an interesting report by Joe Saumarez-Smith on the 5th Annual Mobile Gambling Summit in London this week. Saumarez-Smith is chief executive officer of Sports Gaming, a U.K. management consulting firm to the gaming industry, and the owner of European online bingo

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The liberalisation of the Spanish gambling market continues

The liberalisation of the Spanish gambling market continues to develop, with online gambling licensing and regulation taking centre stage in the Castilla y Leon region this week. During the opening of the Castilla y Leon Gaming Congress in Coreses, Spain, the Justice and Home Affairs C...

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World Poker Tour to cancel Borgata Poker Open

Rumours earlier this (November) month that the World Poker Tour was about to remove the Borgata Poker Open from its schedule of 2009 events have been confirmed by the company. The Borgata Poker Open was slated for the end of January 29, but is now no longer on the WPT Season 7 program. When InfoPowa went to press there was no information on the reasons for th...

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Monday is Jamaica casino gambling crunch day

Monday is crunch day for the possible introduction of casino gambling on the island of Jamaica. Local radio reports are that the much debated decision on whether to press ahead with land casino plans as an added tourist attraction will be made at Monday's Cabinet meeting. Finance Minister...

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Phantom Fiber has closed it's doors

Shock news from Canada is that the at one time prolific wireless mobile technology provider Phantom Fiber has closed it's doors, terminating all employees and leaving founder and CEO Jeff Halloran to turn out the lights. In a fast-moving series of events earlier this month, the company warned that it was running low on cash, followed by: On November 21, 2...

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New EGBA survey shows that its not only state monopolies that can do good things

One of the most frequently rolled out justifications for state gambling monopolies - that these are good for sports funding - has been put under the comparative spotlight by a new survey commissioned by the European Gaming and Betting Association and published this week. The study, conductes by independent UK consultancy Sportsbusiness, revealed that a compet...

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Betsson still challenging Swedish state monopoly

The feisty move by Swedish online gambling company Betsson to challenge Swedish monopolistic practice by opening a land betting shop in Stockholm continues to generate headlines. This week...

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Monaco hotel invests in sportbet firm

Mangas Capital Gaming, which owns 75 percent of the UK online betting firm Betclick, will be half owned by Monaco hotel and land casino group Société des Bains de Mer soon following a deal involving Euro 100 million in investment that will enable Mangas to make further European online gam...

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Better results for Sportingbet

Online gambling group Sportingbet's belt-tightening has started to deliver results, with a brighter first quarter report that shows a pretax profit of GBP 4.9 million, net gaming revenue growth up 28 percent to GBP 38.9 million, and sports betting net gaming revenue growth of 34 p...

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Irish civil dispute over shares in a lotto syndicate

A long running Irish civil dispute over shares in a lotto syndicate is currently playing out in the courts, and may serve as a warning to the many informal syndicates that share decisions should be documented and reviewed regularly. The case dates from 2000 and involves a pub syndicate of five men. Unfortunately, one of them is alleged to have been a consiste...

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Aussie online gambling

Australia's federal government continued to take flak this week in the growing row over its attempts to muzzle the Internet by selective ISP and enforcement actions against sites it deems unacceptable, which include online gambling. ABC television carrie...

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Tokwiro briefs employees on Sixty Minutes program

Paul Leggett, the COO of Tokwiro Enterprises, was busy midweek briefing employees on the upcoming Sixty Minutes television expose of the Absolute Poker and UltimateBet scandals and the online poker industry in general In a memo to employees, Leggett did not sou...

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Partouche group is not waiting for France to open up its poker market

The information portal Online Casino Topic reports that the owners of French online gambling sites are getting set to start fighting French opponents who do not want them to launch online casin...

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Isle of man unveils gambling bill

Interest in the Isle of Man as an online gambling jurisdiction has resulted in the Treasury launching the Gambling Supervision Bill 2008, which is primarily intended to provide for the Gambling Supervision Commission to become a statutory board. It also expands on the constitution, status and the exercise of functions of the commission, but does not look to alter...

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Cantor Gaming tests pass Nevada Gaming Commission requirements

After extensive evaluation and operational testing Cantor Gaming's on-premises mobile gaming technology has been given the green light b...

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