By James Anderson on Nov 20, 2007 in Gambling Law, Gambling Financials, Gambling News, Online Poker, Online Casinos | 1 Comment
US Fights WTO Over Internet Gambling
By JIM ABRAMS – 17 hours ago
WASHINGTON (AP) — With time running out, the tiny Caribbean island nation of Antigua and Barbuda holds the cards in a dispute over Internet gambling that could ultimately cost the United States billions of dollars.
If arbitration efforts fail, Antigua and other aggrieved parties, including […]
By Robert Weston on Oct 22, 2007 in Gambling Financials | 0 Comments
PokerTek has appointed Mark Roberson as its new Chief Financial Officer. Roberson joins the automated poker table firm from Baker & Taylor, a distributor of books and entertainment products where he served as Vice President and Controller, and was responsible for all financial reporting and accounting functions.
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By Robert Weston on Oct 12, 2007 in Las Vegas, Gambling Financials, Gambling News, Online Poker | 0 Comments
PartyGaming’s chief executive officer Mitch Garber said the poker company was open to acquisition approaches from Las Vegas-based casinos. According to a report in Forbes, Garber declined to say whether the company was already in takeover discussions, but said that he would like to hear from the ‘major players’ in Vegas.
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By Robert Weston on Sep 18, 2007 in Gambling Financials, Poker, Online Poker | 0 Comments
Playwize, software developer listed on the AIM, has signed a deal with online gaming company Ladbrokes to deliver a 3D version of online poker.
The development and licence agreement will allow players on Ladbrokes poker network to play an exclusive version of Playwize’s online 3D poker product. The agreement is for two years and involves a […]
By Robert Weston on Sep 17, 2007 in Gambling Financials, Gambling News, Casino, Online Casinos | 0 Comments
Software developer CrytptoLogic has secured the rights to develop online casino games based on Marvel superheroes Spiderman and the Fantastic Four. Under terms of the agreement CryptoLogic will retain sole rights for the games through 2010. Financial terms of the deal were not disclosed.
Bally agrees share buy-back
Gaming machine firm Bally Technologies has agreed to […]
By Robert Weston on Sep 10, 2007 in Gambling Financials, Online Poker, Online Casinos | 0 Comments
Online gaming company 888 announced a jump in first-half pre-tax profits of nearly 300 per cent, to $19 million, against the same period last year. Net gaming revenue for continuing operations in the period also increased to $97 million, a rise of 24 per cent.
Playtech finalises Mansion deal
Playtech has signed a […]
By Robert Weston on Sep 6, 2007 in Gambling Financials, Online Poker, Online Casinos | 0 Comments
PartyGaming confirms ITV deal
PartyGaming confirmed that it had signed a white-label partnership deal with ITV to provide the UK broadcaster with a range of betting, casino and bingo games. Financial terms of the deal were not disclosed.
Paddy Power doubles first half profits
Paddy Power’s operating profits more than doubled in the first half of […]
By Robert Weston on Aug 30, 2007 in Gambling Financials, Online Poker | 0 Comments
PartyGaming announced a $47 million first-half loss despite reporting an 83 per cent increase in customer sign-ups outside the US. Chief executive Mitch Garber said that the gaming group had made a strong investment in players in the first quarter and was on the verge of signing a major partnership deal with […]
By Robert Weston on Aug 28, 2007 in Las Vegas, Gambling Financials, Gambling News | 0 Comments
Casino operator Harrah’s Entertainment (NYSE: HET) and partner AEG announced that it plans to build a $500 million arena in Las Vegas capable of housing a pro sports team. If given approval, the 20,000 seat venue will be constructed behind the Bally’s and Paris hotel-casinos on the Strip, and is projected […]
By Robert Weston on Aug 28, 2007 in Gambling Financials | 0 Comments
PokerTek (NASDAQ: PTEK) has placed chief financial officer Christopher Daniels on administrative leave and launched an independent investigation into his alleged use of the company’s corporate credit card for personal purchases. In a filing with the Securities and Exchange Commission, the automated poker technology developer said questions had arisen during […]
