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Online Poker News - Casino News - Gambling News - Gambling Industry News
The following gambling news is updated multiple times per day. We try to keep you updated on the latest gambling news, including poker news, casino news, brick and mortar news, sports gambling news and industry news. If you have an event or are a company with a press release submit it to us for publication. Contact us at email.
MICROGAMING POSITION REMAINS CONFUSED -
Is there a full US pull-out, or only a restriction on new signups? Conflicting reports, exacerbated by confusing communications to affiliates from some managers at Microgaming-powered groups, and what appeared to be restricted access to the Microgaming website, all combined as the week ended to create alarm regarding the US intentions of the software provider and its licensees.
INVESTORS BET ON BETSSON -
Outstanding quarterly from Swedish gambling company.Betsson investors will have something positive to cheer them up in these trying economic times following the release this week of record quarterly numbers from the Swedish listed company.
TOKWIRO CONFIRMS EXCAPSA DEAL -
$15 million will help refund players,Players waiting for refunds following the cheating scandals at UltimateBet and Absolute Poker should see a renewed surge of payments following the settlement this week which saw the Excapsa liquidators agree to pay $15 million to Blast Off Limited, to which it sold the sites and the flawed poker software behind them.
SPITZER OFF THE HOOK -
Former New York governor Eliot Spitzer, once the scourge of the illegal gambling industry in New York State when he was Attorney General, will not be prosecuted for indiscretions involving prostitution that were discovered earlier this year.
CANTOR GAMING ACQUIRES ODDS-MAKING COMPANY -
LVSC one of the most valuable consensus lines around.LVSC provides odds and point spreads to all major Nevada sports books and its consensus line is considered the most valuable commodity for sports gaming all over the world, the company claims.
NEW DIRECTOR FOR WILL HILL -
Ashley Highfield will be joining the board of directors at UK gambling group William Hill plc as a non-executive director with effect from 17th November 2008, according to an announcement from the company this week.
EQUAL OPPORTUNITY APPEAL FROM STANLEYBET -
Campaign for even handed treatment of EU companies launched.UK betting group Stanleybet International wants fair, open and equal access to all European Community gambling markets for companies domiciled in EU member nations, and to this end has launched a Fair Play For Sports Betting campaign.
NEXTPOKER RESPONDS TO RAKEBACK ACCUSATION -
Malta registered group considering litigation against Ongame.The expulsion of NextPoker.com from the Ongame poker network looks set to generate more income for the legal profession
Microgaming bans New US Players -
More affiliates report communications from programs on US signup ban.The number of reports that other licensees are following a similar path is growing, and although no comment has yet been made by the Isle of Man gambling software provider, it is becoming clear that the decision to curtail US player sign-ups is wider than was at first thought.
Casino Riva New Look -
The European-facing online gambling venue Casino Riva.com has a brand new, and considerably improved, look following an extensive revamp that has included upgrades to its FastCPU gambling software.
Sharkscope A "no no" At Pokerstars -
Posters at several online poker forums are this week discussing the new PokerStars.com ban on player aid SharkScope's database website and its ancillary Heads Up Display software.
Dismal third quarter for World Poker Tour Enterprises -
World Poker Tour Enterprises released its performance figures for the third quarter ended September 28, 2008 this week, portraying a continued disappointing decline in revenues to $2.8 million, a marked decrease when compared with the same period in 2007, when $4.4 million was achieved.
Is Obama Good For Online Gambling ? -
Respected international analyst thinks he may be.In the wake of Barack Obama's victory in the US Presidential elections this week, speculation on Internet gambling websites and message boards has been rife on whether this will mean a more sensible approach to the regulation of Internet gambling in the USA.
Little Breathing Space For Ultimatebet -
Ontario Superior Court ruling may extend KGC deadline.On September 29 this year, following an independent investigation by online gambling regulation expert Frank Catania, the KGC handed down punitive fines on UltimateBet totalling $1.5 million, together with a list of conditions and deadlines on which its continued licensing depends.
Unibet Quarter 3 Results -
Gross win and EBITDA rise, bur pre-tax profits decline.The major European online gambling group Unibet delivered a mixed third quarter and year-to-date result this week, showcasing rising EBITDA and gross win revenues, but reduced pre-tax profits.
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