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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.
LGA RESPONSE ON PURPLE LOUNGE -
Tuesday May 22, 2012 : At last the Maltese Lotteries and Gaming Authority has responded on the Purple Lounge issue with a brief public statement on its website revealing that Purple Lounge Limited requested that the LGA terminate its licences on April, 23 2012.
SPORTINGBET JOINS THE QUEUE TO PAY SPANISH BACK-TAX -
Tuesday May 22, 2012 : Following the announcement yesterday that Bwin.Party is to pay the retro-active Spanish online gambling tax, rival group Sportingbet has announced that it will also pay up, assessing that this will cost the company Euro 14 million, plus surcharges and interest of up to Euro 3.2 million.
CONFLICTING VIEWS ON FACEBOOK'S IPO -
Tuesday May 22, 2012 : Following its frenetic IPO launch at $42.05 a share last Friday, social networking site Facebook was back at $38.23 - Thursday's proposed price - by afternoon trading Monday, disappointing many analysts and investors. During initial trading the stock rose as high as $45, only to drop back as the day wore on.
ONLINE POKER TRAFFIC DECLINE CONTINUES -
Tuesday May 22, 2012 : The latest weekly assessment of the online poker global market released by independent monitor Pokerscout shows a 3.4 percent decline in traffic over the week, but a more worrying year-on-year continued slide of around 19 percent across the board.
CHINESE LOTTERY SALES CONTINUE TO BOOM -
Tuesday May 22, 2012 : The China Daily newspaper reports that lottery sales in China increased 26.4 percent year-on-year in April to reach 23.58 billion yuan, according to Ministry of Finance numbers released today.
MOBILE GAMBLING FOR ATLANTIC CITY CASINOS -
Tuesday May 22, 2012 : New Jersey Sen. Jim Whelan wants the state's casinos to offer the same convenience of mobile "on premises" gambling as the Las Vegas casinos, according to local media reports on the beleaguered Atlantic City.
ABSOLUTE POKER CO-FOUNDER SENTENCING DELAYED -
Tuesday May 22, 2012 : Absolute Poker co-founder Brent Beckley, who has entered a guilty plea on charges under the Black Friday indictments will have to wait a little longer to hear what his punishment is to be. The presiding judge, Lewis Kaplan, has postponed sentencing from May 21 to June 28, 2012.
MALAYSIAN INTERNET CASINO OPERATOR HAMMERED AGAIN -
Tuesday May 22, 2012 : Operating an internet gambling shop in Malaysia's heavily enforced anti-gambling environment is a risky venture at the best of times; reopening in the same location after a police raid is just asking for trouble, as an unnamed operator found to his cost over the weekend.
POKER RECORDS FALL AT 2012 S.C.O.O.P. -
Tuesday May 22, 2012 : With the main event settled and the final registration numbers in, Pokerstars revealed Monday that this year's Spring Championship of Online Poker has broken records and can be classed as a major success.
BETFAIR EURO 2012 APP -
Monday May 21, 2012 : Betfair's latest mobile offering is a new Euro 2012 app for the iPhone, featuring tailored access to tournament betting markets, integrated content and special offers across seven languages.
EUROLEAGUE IPAD APP FROM BWIN -
Monday May 21, 2012 : As an extension to bwin's sponsorship of Euroleague Basketball, the app features exclusive Euroleague video content where the viewer can study plays and tactics, select their favourite team and analyse strategies for the entire league.
WMS ACQUIRES JADESTONE -
Monday May 21, 2012 : WMS Industries will enhance its B2B game server and interactive content distribution with the acquisition of online gaming content provider Jadestone Group AB for an undisclosed consideration.
Media Corp Still Silent On Purple Lounge Failure -
Monday May 21, 2012 : It's now been a week since Purple Lounge Casino players learned of the unlamented departure from parent Media Corp plc of chairman Justin Drummond and chief executive officer Sara Vincent,
AGTECH LOSSES LOWER IN Q1 2012 -
Monday May 21, 2012 : Despite higher revenues across the group, Chinese gambling firm AGTech produced a mediocre financial performance in Q1-2012, posting the following numbers:
TOP LOTTERY SCAM CROOK DETAINED IN JAMAICA -
Monday May 21, 2012 : Jamaica's reputation as a centre for lottery fraudsters may be positively changed as the extensive police drive against the fraudsters on the Caribbean island continues to disrupt fraud rings and send crooks scurrying for cover.
Betfair New fixed-odds website -
Monday May 21, 2012 : Online gambling group Betfair is about to launch a new fixed-odds betting website that will bring it into more direct competition with traditional bookies, The Telegraph newspaper reported Sunday.
International Stadium Poker Tour postponed to 2013 -
Monday May 21, 2012 : Still recovering from its abandonment of the Full Tilt Poker acquisition deal , Groupe Bernard Tapie has announced the postponement of its ambitious International Stadium Poker Tour Wembley project until end May next year.
ONLINE SPORTSBETTING ORGANISER PLEADS GUILTY -
Monday May 21, 2012 : Joplin, Missouri resident Kenneth B. Lovett, who was arrested earlier this year on 16 counts of running illegal online gambling operations has pleaded guilty to a single count to reduce his liability.
WEAK Q1-2012 NUMBERS FROM OPAP -
Monday May 21, 2012 : Perhaps unsurprisingly, given the tough economic conditions, the Greek gambling monopoly OPAP turned in a weak set of Q1-2012 numbers this week, reporting:
Is Social Gaming Slowing -
Monday May 21, 2012 : In a week where the IPO of social gaming giant Facebook sent investors into a buying frenzy, and new social gaming ventures proliferated, a US independent research organisation sounded a sobering note, claiming that growth in the sector is slowing considerably.
Kompu Gacha Declared Illegal -
Monday May 21, 2012 : The Japanese debate on the legality of the social game kompu gacha has been decided, at least by Japan's Consumer Affairs Agency, which has declared the game illegal.
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