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LONDON'S REDBET TO RELOCATE TO MALTA
The betting exchange, online casino and poker operations of Swedish and London Internet gambling firm Redbet Limited will be relocated to the Mediterranean island of Malta by the end of 2008, according to a report from Reuters news agency this week.
The company, which uses Entraction and NetEnt software and operates the The Poker Club, Two Bullet Poker, Legato Poker, Whitebet, Kickoff Poker, Poker Panthers, Goalwin and Redbet websites has been fully inspected and approved by the Malta licensing authority the LGA.
Redbet Limited is a wholly owned Malta subsidiary of Red Bet Holdings AB. CEO Jonas Sundvall said in a company statement that everything would be up and running in Malta before the end of the [current] year.
RedBet was established in 2002 by RedBet Ltd of London, England, but did no go live on the Internet until 2004. The company is headed by Swedish programmers and highly experienced sports betters and supplies a commendably comprehensive amount of corporate information on its website.
The company reported turnover in January 2008 up 17 percent to SEK13.27 million (Euro 1.4 million).
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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