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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 :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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