Gambling firm: 'software makes us cutting edge'
Posted on 28 Aug 2009 at 15:08 by Bev Freeman
Executives have hailed a deal between Ladbrokes and software firm Cryptologic as an "important step".Last week it was revealed CryptoLogic is to provide at least three of its popular betting games Bejeweled, Cubis and Jenga, for the Ladbrokes Games w...
Stocks up for US casino firm
Posted on 28 Aug 2009 at 15:08 by Sarah Banks
Stocks in Wynn Resorts, the American-based US casino giant, rose on Tuesday after it was told it will know whether or not it has been accepted to trade on the Hong Kong stock exchange by September.According to New Online Casinos, Wynn Resorts jumped ...
PartyGaming agrees first US return deal
Posted on 28 Aug 2009 at 15:08 by Chloe Flint
Online gambling company PartyGaming has bought most of the business of World Poker Tour Enterprises in its first American deal since it withdrew from the country three years ago.PartyGaming left America in 2006 after gambling on the internet was bann...
Gambling site signs up to secure payment scheme
Posted on 28 Aug 2009 at 15:08 by Gavin Smith
Bookmaker William Hill has inked a deal with PaySafeCard to provide secure electronic payment services for its online products.Online Casino Reports said the PaySafeCard option can now be used for William Hill's sportsbook, casino and online poker se...
New dice mini-game to appear on gambling sites
Posted on 24 Aug 2009 at 15:08 by Sarah Banks
Casino Dice, a mini-game developed by amusements creator G2, is to be offered through Bwin.com, it has been revealed.Online Casino News says Bwin.com is among the first licensees offering the new game, which was put together by G2 subsidiary Dynamite...
Nevada casinos 'could benefit' from end of US online gaming ban
Posted on 24 Aug 2009 at 15:08 by Sarah Banks
Casinos based in Nevada, US, could be ready to soften their attitude towards online gambling as they bid to find a way towards recovery, according to reports.Land-based casinos have traditionally been opposed to online expansion, seeing it as a threa...
Betfair 'may float' ahead of end of US web gambling ban
Posted on 24 Aug 2009 at 15:08 by Chloe Flint
Online betting site Betfair is getting ready to float on the stock market ahead of an anticipated overturn of the American ban on internet gaming.The Telegraph reports the offering could value the group at about £1.5 billion and may give an overview ...
Shares surge for casino firm
Posted on 21 Aug 2009 at 15:08 by Chloe Flint
Casino giant Las Vegas sans got a big boost on the stock market in America on Thursday after the firm revealed it had applied for a possible listing in Hong Kong which could raise as much as two billion dollars this year.The company, run by entrepren...
Online casino releases new video slot
Posted on 21 Aug 2009 at 15:08 by Gavin Smith
A new video slot is being released by Platinum Play Online Casino, featuring large cash jackpot prizes.The high-rolling Scoop the Cash is to appear in September featuring five reels and 25 pay lines.Jackpot prizes stand at 50,000 coins in the base ga...
Casino games to be based on MGM's movies
Posted on 21 Aug 2009 at 15:08 by Bev Freeman
A number of casino-style games based on the films of Hollywood studio MGM are to appear after the company signed a deal with FremantleMedia.The games will be based on movies such as Fame, Robocop and the Good the Bad and the Ugly, Television Business...
Research shows low level of households' gambling spend
Posted on 21 Aug 2009 at 15:08 by Sarah Banks
Figures released at a gambling expo in Sydney, Australia, have shown leisure spending on the sector is below that of other areas including the likes of alcohol, cigarettes and take away food.According to the statistics unveiled at the Australasian Ga...
List shows most search-visible casino websites
Posted on 21 Aug 2009 at 15:08 by Bev Freeman
The online presence of British bookmaker William Hill has become the third most visible casino website in Britain, according to research published by E Gaming Review.WilliamHillCasino is now third in the rankings, which demonstrate how visible websit...
William Hill signs sponsorship deal
Posted on 21 Aug 2009 at 15:08 by Bev Freeman
William Hill Online has signed up to be the official sponsor of legendary Spanish bicycle tour La Vuelta, ranked in the same league as the Tour De France and Giro, Italy.E Gaming Review also said William Hill casino has beaten off competition from ca...
Wynn rides high in casino shares battle
Posted on 21 Aug 2009 at 15:08 by Bev Freeman
Wynn Resorts is currently boasting the highest stock price for any American-based casino company, according to reports.Casino Gambling Web says the price for a share in the firm owned by Steve Wynn has been standing at about $57 apiece for some time,...
Gambling software firm teams up with Ladbrokes
Posted on 19 Aug 2009 at 10:08 by Gavin Smith
Internet gaming software creator Cryptologic has signed its first-ever licensing deal with the bookmaker Ladbrokes.The firm is looking to bolster its stable of softer gaming products, The Telegraph reports, and will take at least three betting games ...
Casino firm tops league of highest-paid directors
Posted on 19 Aug 2009 at 10:08 by Bev Freeman
Casino company Genting has topped a magazine's list of the highest paid directors following an annual survey.Bernama said Malaysian Business reported the poll shows Genting registered a payout of RM81.98 million to its board last year.Furthermore, th...
Web casino offers multi-language option
Posted on 19 Aug 2009 at 10:08 by Bev Freeman
Internet casino GamingClub.co.uk has undergone a facelift which features software designed to supply players from different parts of the world with a language specific platform.Running for 15 years and licensed from Gibraltar, the site said its new s...
Are gamblers turning to the web instead of Vegas?
Posted on 19 Aug 2009 at 10:08 by Bev Freeman
Gamblers could be turning to the internet instead of traditional destinations like Las Vegas as the recession continues to bite, according to reports.Online Casino News says the Nevada gambling capital is struggling as visitor numbers decline.Accordi...
Bally Technologies supplies casino resort
Posted on 18 Aug 2009 at 16:08 by Sarah Banks
Bally Technologies has revealed the operators of the new L'Arc Macau casino resort in the Chinese gambling haven have bought an array of its products for the autumn 2009 opening.Run by L'Arc Macau and RGB Macau, the venue will feature Bally’s SDS slo...
Casino firm signs credit facility deal
Posted on 18 Aug 2009 at 16:08 by Gavin Smith
Casino giant Las Vegas sands has agreed an amendment to a $3.3 billion credit facility which means it can spin off its Macau operations.The Financial Times reports the company, owned by billionaire businessman Sheldon Adelson, has said the agreement ...
Web gambling firms spend millions lobbying US
Posted on 18 Aug 2009 at 15:08 by Chloe Flint
Online gambling companies are among firms spending millions of dollars on lobbying fees in America as they bid to influence US gambling laws, according to newspaper reports.The Daily Telegraph reported online gambling firms Sportingbet, PartyGaming, ...
Atlantic city casinos hope for $20m promotions fund
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
America's second-biggest gambling market is calling for cash from the state government as it bids to promote itself during the recession.The Associated Press reports Atlantic City casinos are looking to put together a pot of $20 million per year to p...
Hospitalised casino tycoon is 'doing better'
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
Hospitalised Macau casino tycoon Stanley Ho is in "very good" condition, according to his third wife.Chan Un Chan was quizzed by reporters outside the Hong Kong Hospital where he underwent surgery, Bloomberg reported on Thursday.According to Hong-Kon...
Casino company unveils big promotions push
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
Casino company Genting has drawn up a new package of holiday and promotion deals ahead of the Matta Fair.The event runs from August 21 to 23 at the Stadium Indera Mulia in Ipoh and from Sept 4 to 6 at the Putra World Trade Centre, Kuala Lumpur.The St...
Bulgaria bemoans lost gambling revenue
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
Officials in Bulgaria have warned the country is losing millions of lev each year to online gambling operations based abroad.Low Tax.net said the Bulgarian gambling act says all gambling operations being run in Bulgaria have to be licensed, a rule wh...
America's new diplomatic era 'could help internet gaming'
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
A new period of dialogue between the US and the United Nations could be further proof that America is heading towards legalised internet gambling, according to some industry representatives.Casino Gambling Web reports the Obama administration's moves...
American states may opt out of gambling reform laws
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
Some of America's biggest states could opt out of planned laws legalising online gambling, one expert has said.Jim Tabilio, gambling business adviser and founder of the Poker Voters of American lobby group, has said the likes of California, New York ...
Casino firm to sell shares to meet debts
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
Australian casino company Melco Crown Entertainment is looking to raise $200 million from a share sale to help pay back debts, according to reports.Bloomberg said the firm, a partnership between James Packer, the Australian entrepreneur, and Lawrence...
Revenues fall for Vegas casino operators
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
Revenue for some of the biggest names in Las Vegas is on the slide, according to new figures.Bloomberg reported that revenue for the gambling capital slipped by 15 per cent in June, over double the rate of the previous month.Vegas is battling with th...
Gambling firms betting on internet bingo boom
Posted on 14 Aug 2009 at 13:08 by Bev Freeman
The growth of internet bingo could provide a big boost for online bookmakers after analysts predicted revenue from the game will go up by more than 20 per cent in 2009 and 2010.The likes of William Hill, 888 Holdings and PartyGaming are expecting the...
888 Holdings predicts online gambling comeback
Posted on 07 Aug 2009 at 09:08 by Bev Freeman
Bosses at 888 Holdings, one of Britain's biggest online gambling companies, have said growth could return to the industry next year as consumers start spending again.Bloomberg reports the company is forecasting sales expansion of more than 20 per cen...
American states mull gambling tax benefits
Posted on 07 Aug 2009 at 09:08 by Sarah Banks
More attention is being focused on whether or not some American states will turn to legalising gambling as a way to drum up extra tax revenue during the recession.Gambling 911 reported recently how Massachusetts republican governor candidate Christy ...
Are UK web casino firms planning for US drive?
Posted on 12 Aug 2009 at 10:08 by Sarah Banks
The decision by some British gaming companies to move online operations abroad could be linked to the American market, according to commentators.New Online Casinos says that the moves to Gibraltar by William Hill and Ladbrokes could be a way of plann...
Better results for bingo and casino firm
Posted on 04 Aug 2009 at 14:08 by Gavin Smith
Bingo and casino company Rank Group has surpassed expectations with first half results, suggesting it is heading for a stronger footing.The Financial Times said the company claimed a good performance by its Grosvenor casino business and a more stabl...
Casino firm seeks $400m to weather the downturn
Posted on 04 Aug 2009 at 14:08 by Gavin Smith
A huge $400 million in short-term funding is the goal of Las Vegas Sands as it looks to ride out the economic storm, according to reports.Calida Gaming says the company is also looking to revive its construction plans in Macau, China.The firm is plan...
Casino giant may open new resort early
Posted on 07 Aug 2009 at 09:08 by Gavin Smith
Asian casino giant Genting may open the doors of its $6.6 billion Resorts World at Sentosa before the end of 2009, according to reports.The Edge Singapore said the fast pace of construction could lead to an opening before 2010 instead of early next y...
Cost may soar for Jersey gambling licences
Posted on 04 Aug 2009 at 14:08 by Bev Freeman
The island of Jersey in the Channel Isles is said to be looking at becoming a gaming licensing haven for internet-based firms.However, the BBC reported last week that the cost for interested parties could end up being greater than they first thought....
Hull draws up rules for new casino bids
Posted on 04 Aug 2009 at 14:08 by Gavin Smith
Authorities in Hull have drawn up a list of criteria firms must fill if they want to be considered for a licence to operate a casino in the city.Hull was one of eight new locations approved for a casino licence in 2006 and operators can apply to open...
Ladbrokes to go for Danish online casino market
Posted on 12 Aug 2009 at 10:08 by Gavin Smith
British bookmaker Ladbrokes is set to apply for an online licence to operate in Denmark if changes mooted by the Danish government go ahead.EGRmagazine.com said the Danish government is looking to put out licences to private operators so they can all...
Ladbrokes: "no alternative" to moving web gambling offshore
Posted on 12 Aug 2009 at 10:08 by Gavin Smith
Bosses at Ladbrokes have said the company had "no alternative" but to move online interests offshore, it has been reported.E Gaming Review said the bookmaker's head of online gaming, John O’Reilly, also declined the opportunity to criticise the UK go...
Macau legend Stanley Ho undergoes brain surgery
Posted on 07 Aug 2009 at 09:08 by Chloe Flint
Legendary Macau gambling tycoon Stanley Ho has undergone a brain operation in Hong Kong and is in intensive care, according to local media reports.Reuters said stocks in his gaming firm dipped due to the news.According to the financial news agency, t...
Macau sweats on health of Casino boss
Posted on 12 Aug 2009 at 10:08 by Chloe Flint
The Macau gambling tycoon Stanley Ho remained in hospital over the weekend as speculation about how his health could impact on the future of the former Portuguese colony gathered pace.According to The Times, analysts have said a downturn in Mr Ho's h...
MGM Mirage to overhaul Macau casino operations
Posted on 04 Aug 2009 at 14:08 by Sarah Banks
Casino firm MGM Mirage has revealed it is undertaking an overhaul of its interests in Macau after making an "underwhelming" start in the Chinese gambling haven.According to Bloomberg, the American giant may go for an initial public offering for its M...
Sky Bet profits from increase in online gambling
Posted on 04 Aug 2009 at 14:08 by Chloe Flint
Bosses at Sky Bet have said a recent rise in its revenues show it is carving a niche for itself against stiff competition on the internet.E Gaming Review reports the company's revenue to the end of June went from £44 million to £48 million compared t...
Trump wins back control of casino business
Posted on 07 Aug 2009 at 09:08 by Chloe Flint
Legendary American tycoon Donald Trump has won a battle to get back control of his casino business which slipped into bankruptcy for the third time in February, according to reports.The Independent says the business, which is behind three hotel and c...
Slowdown puts casino giant in the red
Posted on 07 Aug 2009 at 09:08 by Bev Freeman
Casino giant MGM Mirage has ended up in the red in the second quarter of the year as the slowdown in Las Vegas continues.However, shares in the world's biggest casino operator improved as company revenues ended up being better than expected.The compl...
William Hill 'moving online gambling to Gibraltar'
Posted on 04 Aug 2009 at 14:08 by Bev Freeman
Bookmaker William Hill is set to announce a move to Gibraltar for its internet betting arm in an effort to save millions in tax.The Times reports the predicted move comes after Ralph Topping, the firm's chief executive, made clear his frustration ove...
Wlliam Hill confirms move for online gambling operations
Posted on 07 Aug 2009 at 09:08 by Bev Freeman
William Hill has confirmed early reports the bookmaker is to move its online gambling operations offshore to Gibraltar.The Times reports the company is to carry out the transfer as it bids to save tax and racing levy reductions to the tune of around ...
