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Gambling: bad news From Interlot
5/28/10 - SE Europe economic troubles bedevil gambling group
There was bad news for Intralot investors this week as the world’s second-largest lottery systems provider reported a 31.5 percent drop in first-quarter 2010 net profit.
The Reuters news agency reported that the dip was attributable to a less lucrative than expected Turkish contract and the worsening economic situation in South Eastern Europe.
Intralot net profit fell to Euro15 million, as sales fell 11 percent to Euro 228 million, below market expectations, with a robust performance in Italy and new contracts in the United States more than offset by lower gambling spending in the Balkans due to the economic downturn.
Intralot offers gaming platforms and operates sports betting and video lotto machines to online casinos and poker in a number of countries around the world.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgaming’s customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sunday’s 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at –115.
Fair Play Bets and QuickFire in Deal -
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