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London-listed online and land gambling group Leisure & Gaming plc says its first half of the year has produced results that meet expectations, with an estimated earnings before interest and taxation (EBIT) of Euro 1.2 million. And Italian customers of the group can look forward to online poker action before the end of this (2008) year.
The betting and gaming group said it will continue to focus its efforts on the Italian market and expects to have its full estate of Italian shops operating under new Bersani licences by the start of the football season in mid-August.
In bullish mood, chairman Philip Parker told reporters this week that the company expects to be able to offer online poker throughout its retail network and to Italian customers online before the end of the year. "We are in a very strong position to continue to grow and capitalise on the many opportunities in the Italian market," he added.
Top management changes are also in progress, with chief executive officer Henry Birch stepping down from the Board to pursue other interests and Richard Creed, who was at one time a director of BetonSports, appointed as his successor. Creed is currently the CFO of the group. The financial activities of the group will continue to be supervised by Creed, with Paul Milburn, the finance director of the Betshop Group, handling the department.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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