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888 gambing Going To Italy

Internet gambling group assembling potent partnerships
 
In a conference call Tuesday 888.com chief executive Gigi Levy outlined the potent partnerships his company has assembled in the burgeoning Italian online casino market, flagging agreements with Endemol, Bwin and more recently Microgame SpA.
 
Levy outlined the hard yards put in by his group in building an Italian presence, and revealed that Bwin and Microgame together dominated the market in Italy with a 50 or more percent market share. The internet gambling exec also revealed that more deals are in the pipeline.
 
In contrast, Levy said that despite initiatives into the newly liberalised French market, this region was not the primary focus of 888.com. This was mainly due to market drawbacks such as heavy taxation on operators and the absence of casino and bingo action at present in the games allowed by the regulator.
 
“When you look at France, that is probably a very bad combination for us,” he said. “It is only sports and poker.  In sports, our offering is not really relevant at this time. With poker, we have not yet entered the market; we want to see how it works out. The taxes are high so the ecosystem is under pressure, there is no casino; no bingo....”
 
Gigi also reviewed the company’s position in the United States, admitting that he has been involved in talks with the US Department of Justice, and that he was encouraged by the positive [HR2267] recent developments in that country, where 888 is discussing possibilities with as many as 10 possible US partners.
 
He drew attention to the 888 b2b deal with the interactive division of Harrah’s Entertainment, pointing out that as far as he was aware this remained the only significant deal signed with an American entity so far.
 
The Harrah’s deal has resulted in a requirement for the approval of the Nevada Gaming Board, and the investigation by that body into 888.com’s suitability remained in progress, he revealed, adding that it was a sensitive process but that it was hoped the results would be released before the end of 2010.
 
In related news, the Reuters news service reported Tuesday that 888 had been approached by unidentified rivals seeking a merger following last week's tie-up between Austria's Bwin and Party Gaming.
 
The merger puts pressure on other companies in the sector to strike deals or risk losing out as online gambling laws are relaxed across the world, the news agency commented, adding a quote in which Gigi Levy said:
 
"This puts us in a position in which we are one of the best assets in the field - we got a few phone calls immediately from various people. Everybody in the industry is looking and saying 'who is the best one to merge with if we need to?'."



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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