July, 2009

Latest Casino News

Cryptologic for Centrebet

The Australian-based online gambling group Centrebet has become Cryptologic's latest games licensee, signing a multi-year agreement for at least ten games from the gambling software provider. It is anticipated that the games will go live in the third and fourth quarters of 2009 on Centrebet's Orbis platform. A company spokesman said the agreement is in li...

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Spreadbetting is the name of the game

Spreadbetting is the name of the game, it appeared this week as newly released figures showed a 134 percent increase in the number of trades. According to a UK Wealth Management Industry report produced by ComPeer, a research company, there was also a dramatic increase in the number of spread betting accounts opened. The total grew by almost two and a half ti...

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Abuse of market dominance allegations to be investigated

The Reuters news agency reports that Italy's antitrust watchdog has opened a probe into gambling operator Sisal SpA, a competitor of Lottomatica SpA, on suspicion of abuse of market dominance in its Superenalotto game. With a top prize that has climbed to over Euro 100 million, Sisal's Superenalotto game has become a threat t...

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GBP 100 000 win from ND bonus

Surrey based self-employed carpenter Kevin Packer (28) is celebrating this week after scooping a GBP 100 000 win without risking a penny, thanks to a no deposit bonus...

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Betfair for cycle team

Additional cash will be used to improve equipment Online gambling group Betfair has added a further Euro 3 000 to its Euro 25 000 sponsorship of a Malta cycle team this week, reports the Times of Malta. The Lifecycle team will use the cash for equipment improvements prior to their attempt next week to cycle from Istanbul, in Turkey to Damascus, in Syria i...

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Ukash for Australia

Ukash has brought Australia into its widening international net of customer outlets, inking a deal with epay Australia. Ukash vouchers, which allow consumers to shop, pay and play online using cash, will initially be available at 3 600 outlets across Australia with the possibility of expansion later in the year. The move will enable the company to tap int...

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CTXM got Alderney certification

Online gambling software developer CTXM has achieved an associate certification from the Alderney Gambling Control Commission, and has plans to continue acquiring approvals from other lice...

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Go Frank !

50 Congressman now on the side of online gambling regulation in the USA Congressman Barney Frank's proposed legislation to regulate and license online gambling in the United States has reached the 50 co-sponsor mark. HR 2267, the Internet Gambling Regulation, Consumer Protection and Enforcement Act has built up an impressive head of steam since its launch...

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Neovia Financial plc has launched a new Neteller Money Transfer service

Online processor Neovia Financial plc has launched a new Neteller Money Transfer service, that lets friends and family send and receive money instantly and securely around the world through a user-friendly interface. With no transfer fees for the receiver, the sender pays a 1 percent transfer fee up to a maximum of $10 USD for the service. The global remi...

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Paddy Power online man heads for Australia

The Irish online and land gambling group Paddy Power has wasted no time consolidating its hold on recently acquired Australian Internet sportsbook Sportsbet , appointing its head of online operations, Cormac Barry, as commercial director os the Australian operation. A ten year veteran with Paddy Power's management team, Barry's...

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Bank explores possibility of Gala Coral break up

Royal Bank of Scotland - itself in receipt of UK government financial assistance - has reportedly been sounding out leading investors in the Gala Coral land and online gambling group on selling off an unspecified part of the GBP 2.7 billion debt-burdened group to ease its situation, reported the Observer newspaper this week. RBS's direct exposure to the gambl...

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Cryptologic slots for Totesport

Online gambling software developer Cryptologic Limited has inked a multi-year deal with Totesport, the UK's state-owned and fourth largest bookmaker, for the supply of at least six of its most popular slot games for inclusion on the website Totesport.com. Crypto will derives revenues based on wagers placed by Totesport clients on the games, which have a prove...

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National sports bodies sue Delaware over gambling liberalization

Four major sports leagues and the NCAA seek to block sports betting law passed by Delaware legislators Hitting the headlines in the United States Friday afternoon was the news that four major pro sports leagues and the NCAA have launched litigation against the state of Delaware in a bid to block a new law liberalising sports betting in the state. In a law...

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New marketing pro for Party Gaming

888.com's former marketing executive to handle UK marketing operations Party Gaming plc has confirmed its second major marketing appointment in as many days, announcing that former 888.com vice president of brand marketing, Matt Robinson has been hired in a new role as head of the online gaming company’s UK marketing operations. He will presumably report...

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Media Corporation believe US legalisation is on the cards

Two investors in the online gambling business with confidence in the future are Justin Drummond and his wife Alexandra, who last week upped their stakes in Internet advertising group Media Corporation, which owns the information portal Gambling.com. According to the Business Scotsman, the duo bought an additional 1.5 million shares in the company for an undis...

General Gambling News Gambling Law & Society News

Casino Red's land casino in trouble

The GBP 5 million land version of online casino, poker, sportsbetting and mobile operation CasinoRed.com appears to be in dire financial straits only eight months after it opened its doors in Huddersfield, UK . The Huddersfield Daily Examiner reports this weekend that the premises remains deserted with no sign of relief for the...

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Kaibuxxe takes down another $600 000

Niki 'Kaibuxxe' Jedlicka's spectacular comeback to nosebleed stakes online poker at Full Tilt Poker.com (see previous InfoPowa News report) continued last night with another lucrative session that enabled him to end the night with a $600 000 profit. This time the Austrian's main benefacto...

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New CEO for Macau

From December 2009 the gambling island of Macau off the shores of China will be under the control of a new chief executive, reports Associated Press. The former Chinese Culture Minister, Fernando Chui (52), has been selected as the man to lead the island out of its tough times in a five year tenure of office. There are hopes that Chui may be able to persuade...

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Gaming Technology Solutions for Gala Coral

Gaming Technology Solutions plc, the UK supplier of soft online gaming solutions, has signed an agreement with Gala Coral which will see new games available for online gamblers. Under the agreement, GTS will integrate its EdGe software platform to deliver a selection of new and innovative games to Gala Coral’s popular Internet gambling websites, which include...

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Decline for Betsson

The normally buoyant sports betting margins at Swedish online gambling group Betsson recorded a first half 2.6 percentage point decline in the six months to June 30 2009, dropping from 10.5 percent to 7.9 percent. Management blamed a run of sports results that favoured the player rather than the operator for the decline, which was also apparent in the quarter...

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