01-09-2010 - British online gaming firm 888 (888.L) said it had embarked on a cost-cutting
The company, which runs online casino, bingo and poker websites, said daily average revenue in the first 25 days of the second quarter was 13 percent below the first-quarter average, partly reflecting seasonal trading patterns.
The company, which runs online casino, bingo and poker websites, said daily average revenue in the first 25 days of the second quarter was 13 percent below the first-quarter average, partly reflecting seasonal trading patterns.
In the first quarter, total operating income in the company's business-to-consumer (B2C) division increased by 30 percent on the previous year to $59 million.
30-07-2010 - The Bigger they are the harder they fall
PartyGaming and Bwin merger
In the wake of the Bwin/PartyGaming merger news, there’s a PDF up on their site that’s being used to sell skeptical shareholders on the (theoretical) benefits of the deal, and it’s an interesting read. For instance, listed prominently on their ‘roadmap’ is the plan to “further consolidate the online gaming sector through M&A.” In other words, the new fat kid ...
read more >>>
28-07-2010 - Inter Casino is host to great weekly tournaments
Players can win a share of £250 when playing at any point this week
Inter Casino is host to great weekly tournaments and up until this Saturday the 31st players can participate in the video poker 10's or better tournament. . To take part players must deposit a minimum of £10 upon sign up to the tournament and they will automatically receive a £500 chip to play the game. For each tournament players have ...
read more >>>
16-06-2010 - Is Greece going to regulate online gambling?
Debt-laden Greece said on Tuesday it will lift a ban on low-price gaming and gambling machines to help raise cash amid efforts to avoid bankruptcy.
The government will soon release a draft law on electronic gaming and Internet betting, the finance ministry said in an e-mail. "The regulative framework will soon be presented for public consultation," it said.
Greece has earmarked about 1.3 billion euros ($1.74 billion) in revenues from betting licences and royalties over the next three years as part of a 110 billion euro ...
read more >>> 08-06-2010 - France opens its market to online gaming
France officially opened up its online gaming market on Tuesday
France officially opened up its online gaming market on Tuesday, granting 17 licences to 11 operators three days before the start of the soccer World Cup in South Africa. A decree published in the Official Journal said three types of bets were concerned: on horse racing, betting on organised sports events and taking part in games like poker.