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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.
William Hill Heavy debt depresses stock price -
In an increasingly credit-restricted economy the company was this week negotiating the re-financing of GBP 1.2 billion of its debt with leading British and American banks, reports The Times newspaper.
Is USA Online Poker Possible -
Harrah's exec says new US administration could be good news.The respected Las Vegas Review-Journal reported this week that the change in the US administration ushered in by last week's elections could be beneficial to online poker in the country.
Dangers Of Rushed UIEGA -
Authored by Republican economist and elder statesman Dick Armey of the FreedomWorks advocacy group, it presents a chilling picture of government overreach and the consequences to Net Neutrality.
OPAP sets the police on Stanleybet -
The Greek gambling monopoly OPAP wasted no time this week in actioning a threat by its CEO to take legal action against Stanleybet's new betting shops in the country.
CRYPTOLOGIC AND NEXTGEN GET IT TOGETHER -
Exchange of new games to broaden player offerings. Dublin-based online gambling software provider Cryptologic has signed an exclusive multi-year agreement with NextGen Gaming, a respected Australian independent developer of slot games for the international gambling industry.
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.
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