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Online Poker News - Casino News - Gambling News - Gambling Industry News

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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.



RankPlc Shareholders advised to reject offer from Malaysian magnate - The UK online and land gambling group Rank plc has urged its shareholders to reject a 150 pence a share takeover bid from the Malaysian-based Guoco Group Ltd, its largest investor, saying it undervalues the company.

Poker Site Comments On Costa Rican Raids - Friday's raids by Costa Rica enforcement agents of the Organismo de Investigaciones Judiciales were on the offices of a former customer support centre, and were not directly targeted on Blanca Games or its subsidiaries, according to a clarification statement issued by the company Saturday through a number of information services.

Nevada bankruptcy trustees sue Australian gaming firm - According to reports on TMC.net, the administrators of a bankrupt Las Vegas mobile gambling firm have launched litigation, demanding at least $1.2 million from the Australian company eBet Limited, and alleging that it failed to honour promises of financing, with the possibility that a conflict of interest may be involved.

Poker Companies Raided in Costa Rica - The newswires and online media sites were buzzing late Friday with the news that the offices of online poker companies in Costa Rica had been visited by the local equivalent of the FBI, the Organismo de Investigaciones Judiciale.

SPANISH GAMBLING BILL PROGRESSES - Trade Association AEDAPI has informed its members that the Senate, after changing some text, has approved and returned the Spanish draft gambling bill to the Congress.

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Parlay Entertainment In Financial Trouble - The Canadian online bingo software provider Parlay Entertainment Inc is in financial trouble, judging by a statement this week outlining restructuring and Bankruptcy and Insolvency Act moves.

A.G.A. REPORT SHOWS A STABILISING U.S. GAMBLING INDUSTRY - There’s no doubt about it; the past couple of years have been difficult ones for the commercial casino industry in the United States, says trade body the American Gaming Association

WILL ENTRACTION DEAL PROMPT A SELL-OFF OF ONGAME? - Our readers will recall that the future of Bwin's online poker subsidiary Ongame was closely examined as the company's merger with Party Gaming shaped up earlier this year, with observers noting that the duplication of effort constituted by Party Poker and Ongame might lead to a sell-off.

Betfred player hits a GBP110 000 jackpot - A 52 year old British man from the south of England has boosted his bank balance by GBP110 000 after a victorious session on the Pink Panther progressive jackpot slot at Betfred.com.

Estonian internet casino operator pulls the plug on Romania - Baltic Business News reports that the Playtech-powered Estonian online casino operator Olympic Entertainment Group has pulled the plug on its Romanian activities.

ONLINE GAMBLING’S MOGULS FEATURE ON RICH LIST - The 23rd Sunday Times Rich List 2011 is due for publication in the UK this weekend, and the pre-publicity is already generating reams of coverage.

Maiden Quarter for Party Bwin - The recently merged Bwin.party Digital group issued an interim management report for the period January 1 to May 5 2011 as the week ended, laying out a relatively quiet set of key performance indicators.

KANSAS GRAND JURY DEFENDANTS SENTENCED - Two defendants in a Kansas City Grand Jury investigation dating back to March 2010 have been sentenced for their roles in an illegal internet sports betting enterprise.

CEREUS NOT GOING BANKRUPT, SAYS COMPANY - In a move that appears to have been motivated by damage control following an MSNBC article that it may be going bankrupt (see previous InfoPowa reports), the Cereus online poker network has denied that the organisation is going bankrupt.

ONLINE BETTING DRIVES FORTUNA GROWTH - Key growth drivers for the company operating in Poland, the Czech Republic, Slovakia and Hungary were the Czech and Slovak markets and in particular an increase in its online betting business.

NO BETTING FOR GERMAN PUNTERS ON THE DOLE - thelocal.de reports that a North-Rhine-Westphalia, German court this week ruled that prospective punters on the dole are banned from sports betting.

32red Extends Football Sponsorship - British online gaming firm, 32Red has extended its existing sponsorship of Swansea City Football Club for another three years.

Chinese State Internet Information Office will oversee online content - The Chinese Government announced in a statement from its State Council General Office that it will be formulating a department to manage Internet information.

PLAYTECH HONOURED IN EGR AWARDS - Online gambling software developer Playtech plc took home two awards from the recent EGR Awards function in London.

MORE TOP EXECS LEAVING 888.COM - Within weeks of the announcement that 888.com chief executive Gigi Levy has resigned, the online gambling group has been shaken by the news that two more senior managers are on the way out.

IGT Bidding for Entraction Poker Network - According to a report on the Dow Jones newswire service International Game Technology, which has machine manufacturing and online gambling software interests, has made an offer to purchase the Swedish internet gambling company Entraction for SEK700 million

BUYER OF GAMBLING.COM DOMAIN STEPS FORWARD - KAX Media, a UK affiliate marketing company that runs the WSN.com sports betting portal has now come forward, confirming it is the organisation that paid $2.5 million for a domain that was acquired some years ago by Media Corp for ten times that.

MAJOR GROWTH IN ISLE OF MAN E-GAMING - A survey of leading e-gaming companies in the Isle of Man estimates that the sector grew by almost 24 percent in 2010 – and is forecast to continue in 2011 with an estimated further 8 percent growth, reports Manx.net.

ONLINE POKER COMPANY EXTENDS FRENCH FOOTBALL SPONSORSHIP - Online poker company Everest Poker.fr has announced a two year extension to its sponsorship agreement with French football team Olympique Lyonnais, unveiling a new red, white and blue team shirt this week.

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