April, 2009

Latest Casino News

An arena of brand-new dice games at Bwin

The gates to ParaDice, the newest gaming platform at the Vienna-listed online gambling giant Bwin, are now open at https://games.bwin.com/dice.aspx following the launch this week. This arena of brand-new dice games boasts skill gaming battles galore using multiplayer dice games like Jadestone's...

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52-year-old philanthropist says he is not guilty

A Las Vegas case filed in February against 52-year-old retired Omaha businessman and philanthropist Terry Watanabe will be heard on May 13 following a Grand Jury indictment this week on two counts of theft and two counts of bad cheques. The case involves $14.75 million which two Las...

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HRI wants double the money from Betfair

Irish on-course bookies and the online betting exchange Betfair appear set for a monumental row over fees paid to Horse Racing Ireland by the Internet gambling group. It is not yet clear who is at fault in the confrontation; Betfair claims that the HRI wants it to double its contribution and is refusing any payments it offers at the current rate, whilst the H...

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New gambling busts

The New Jersey authorities report the arrest of 28 persons this week, accused of involvement in a 'Mafia-run' sports gambling ring that handled more than $1 million in illegal wagers each week. A total of 34 people have been charged for their roles in the ring, 28 of whom were swept up during a series of raids across North Jersey and Westchester County that b...

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Minnesota internet ban attempt - Update

The extraordinary attempt by the state of Minnesotas's Alcohol & Gambling Enforcement Division to require ISPs and telecomms companies to block online gambling sites operating outside the states continued to dominate the headlines as the week ended, overshadowing even Barney Frank's new bill attackin...

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BaddaMedia Inc to provide fresh ideas for online games

Vancouver, Canada-based online games developer BaddaMedia Inc. has signed an agreement to provide Gaming Technology Solutions plc with original games content. Under the agreement, GTS will integrate new games created by BaddaMedia on to the GTS Enhanced Gaming Engine (EdGE) platform. This will allow any operator using the EdGE platform to access all existin...

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AsianLogic Limited has reported a 49 percent fall

Asia-facing online and land gambling group AsianLogic Limited has reported a 49 percent fall in adjusted pretax profit for 2008, following a significant increase in operational expenses and bad debt provisions. The company showed a 2008 pretax loss of $11.9 million. The Board has therefore decided that a dividend will not be paid. Vice Chairman Tom Hall said...

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Good results for Will Hill

The expanded online gambling services offered by UK Internet and land gambling group William Hill plc delivered an impressive rise in revenue of 50 percent, the company revealed this week in releasing its Q1 2009 numbers. The growth on the Internet side contrasted with telephone betting gross win, which declined by 31 percent due to cancelled race meetings an...

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Neovia's Board satisfied with its Q1 results

Neovia plc's full year results to December 31 2008 were published this week, and will do little to cheer investors. Indeed, as the Board commented: "Nonetheless, the Board is not fully satisfied with the Group’s progress towards its strategic aims. Trading in the year to date has been disappointing and reflects a weakening trend in Europe, due to an increasingly...

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Bad results for Neovia

Online e-cash processor Neovia plc (formerly Neteller) has releasing trading results for the first quarter of 2009, and the numbers are disappointing. * Group revenue of $ 16.4 million is down 3 percent compared to Q1 2008 * E-wallet revenue is flat at $ 11.4 million, although overall fee revenue, including gateway businesses, is up 3 percent from Q1 200...

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New UK levy threat for offshore online gambling sites

The British government's minister for sports, Gerry Sutcliffe, is having a busy week with gambling interests front and centre. He is not only working on an anti-corruption task force to combat sports bet cheating but is now embroiled in arguments that offshore Internet gambling sites that advertise in the UK should be coughing up mo...

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New casino - Lucky Red Casino

The Club World online gambling group announced the launch of its latest new property, Lucky Red Casino.com this week. Offering full player facilities and over 120 games power...

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British government concerned over gambling cheats

The recent string of suspicious betting pattern alarms in British and international sporting events has again focused attention on the British government's determination to stamp out cheating and corruption in sports across the gambling board. Gerry Sutcliffe, the government's sports minister,...

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New sportsbetting business to launch on May 30

Tote Tasmania has announced that May 30th 2009 will be the launch date for its new sports betting business, Betasport, which will offer users a larger variety of prop bets and will target both Austrailian and international markets. Advertising for the new company will commence shortly. Tote Tasmania CEO Craig Coleman says, “We will be offering our customers a...

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Prevention of Money Laundering and Countering of Terrorist Financing

Online gambling licensing jurisdiction and hub, the Isle of Man, embarked on a consultative process this week before assembling guidelines for the Prevention of Money Laundering and Countering of Terrorist Financing, required in terms of the Criminal Justice (Money Laundering — Online Gambling) (No. 2) Code 2008, which came into operation on 18th December 2008....

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Bad results for Betbull

Online sportsbetting group Betbull Holding SE reported on its full year 2008 performance this week, delivering a 21.1 percent increase in NGR to Euro 16.094 million, but a loss for the twelve months of Euro 4.3 million. The dip is the firm's fifth consecutive deficit, and was explained in part as a Euro 1.9 million write-off incurred when it closed the Betpoint...

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Google Adwords in Ireland and Austria

The giant search engine Google has opened up two further national markets - Ireland and Austria - to Adwords following its decision late last year to free up the service to UK advertisers. Affiliate program Income Access reports that operators with an existing licence for Ireland and Austria may wish to start campaigns in these nations immediately, and it has...

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Minnesota authorities issue bans to ISPs in Internet censorship move

In a move reminiscent of recent Australian attempts to censor the Internet at ISP level, the Minnesota Department of Public Safety (DPS) Alcohol and Gambling Enforcement Division (AGED) today announced that it has served written notice to 11 national and regional telephone and Internet service providers (ISPs) instructing them to prohibit access of all Minnesota-...

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WagerWorks released Dungeons & Dragons

iGaming software provider WagerWorks has announced the release of Dungeons & Dragons: Fortress of Fortunes, which was previewed earlier this year at the i-ICE show . Players take on the role of a legendary hero in this 20-payline game, where battling monsters in ancient fortresses rewards the successful gambler with a horde of r...

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Probability signs with NextGen

The UK mobile gambling technology firm Probability plc has announced solid third quarter and full year result, together with a new games deal with Australian developer NextGen. The unaudited financial results cover the period January 1st 2009 to March 31st 2009. Unaudited NGR for the quarter was GBP 1 126 543, whilst the total for 2008/9 was GBP 5 056 236...

General Gambling News

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