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ITV Casino Closing

The PartyGaming white label Internet casino operated on behalf of UK television network ITV is to close on May 3rd, according to communications sent to players last week.
The message advises players:
"We have very much appreciated having you as a player and hope you have enjoyed the experience. You can continue to play until the service closes on 3rd May. After this date please proceed to cash out any remaining funds in your ITV Play Account as soon as possible, as we will be closing the accounts at the

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end of October 2009. Any unclaimed monies at that time will be donated to charity.
"Please note that any outstanding bonuses will expire at approximately 05:00 UK time on 1st May, 2009. We apologise for any inconvenience this may cause."
The communication goes on to advise customers that ITV Casino is powered by PartyGaming, and suggests they give their business to the website, where they will be welcomed using the same log-in and password as they use at ITV Casino.
No reason for the closure was given, but it is possibly connected to the network's financial struggles in a difficult economic environment.
Although ITV is the biggest commercial television network in the UK, it has had a tough time with disappointing results in 2008, which prompted chairman Michael Grade to inform shareholders: “Current conditions in the advertising market are the most challenging I have experienced in over 30 years in UK broadcasting. This is reflected both in our financial results for 2008 and the tough actions we are announcing.
“Our priorities have to be aligned to the changed economic context. The Board therefore recognises that the 2012 revenue targets set in 2007 are no longer appropriate and we are focusing on our core business as a producer-broadcaster, on reducing our costs and on cash generation. Our audience share target remains unchanged."
Launched in 2007, the casino carried the benefits of PartyGaming's software and experienced management, together with the safety of certifications from player protection and standards organisation eCOGRA, industry body EGBA and licensing from Gibraltar and Alderney.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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