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Google Penalties Removed From Gambling Portal
10/18/09 - The Internet search engine and information giant Google appears to have stepped back from the alleged imposition of search engine penalties on Media Corporation's Gambling.com two years ago, according to reports over the weekend in the Independent newspaper.
Media Corp chief exec Justin Drummond told the newspaper that he has never been able to fully understand the reasons for the apparent penalities that could have cost his company hundreds of thousands of pounds in lost revenues.
In 2007 Drummond tracked a dramatic drop in Gambling.com's ranking from a top spot of about 100th on the search term "gambling" that he estimates could have cost the company around GBP 1 million in lost business.
Media Corp bought Gambling.com for GBP 11 million in 2005 and announced a GBP 2.7 million post-tax profit the following year. The business had already been hit by restrictive US internet gambling laws introduced in 2006, but the alleged penalties exacerbated the problems.
Drummond told The Independent that the penalty appeared to have been lifted last Friday morning, marking the end of a busy week for Media Corp. in which it acquired Malta-based poker group Purple Lounge for GBP 465 000.
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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