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LASSETERS NEGATIVE PREDICTIONS WERE RIGHT
Negative predictions on its full year results notified some weeks ago by the Australian Internet casino operator Lasseters were confirmed this week when the official results were announced.
Lasseters Corporation posted a 49 percent decline in operating revenue from A$6.8 million in 2007 to A$3.5 million Australian dollars, for the year ended June 30, 2008.
In August the Australian veteran online casino operator had warned investors that it would make a loss of A$6.36 million, commenting that the full year stats reflect the costs of operating the start-up business of Lasseters Sportsbook, include costs of replacing US online revenues with business from Asia and Europe, and reduced revenues from the company's online casino operations due to "delays in the implementation of new games."
Lasseters is powered by Orbis Openbet software.
The statement also referred to "significant" one-off adjustments for the write-off of unspecified historical deferred tax asset balances, and the impairment of the online casino gaming licence and associated product development costs.
Lasseters Online is a wholly owned subsidiary of Lasseters Corporation - a public company listed on the Australian Stock Exchange and licensed and regulated by the Northern Territory Government in Australia. The gaming servers are housed in Lasseters Hotel Casino in central Australia, a gambling venue that has been in operation since 1981.
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.
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