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Bradley Vallerius Gaming Guru - Page 12  Blackjack Lifts PartyGaming in Q41 February 2006
PartyGaming Plc (PRTY.L) released a trading update last week in which it reported key performance indicators for the fourth quarter of 2005. The company continues to impress, revealing that a record number of new players logged onto PartyPoker during the quarter, while casino revenue increased by over 600 ... (read more)
Casino City Drops First Amendment Case Against DOJ30 January 2006
The United States Court of Appeals for the Fifth Circuit has this week accepted Casino City's motion to dismiss its declaratory judgment case against the U.S. Department of Justice. Launched in August 2004, Casino City's case sought a ruling from the U.S. court system as to whether certain actions taken by ... (read more)
California Horse Racing's ADW Licensing System to Undergo Change26 January 2006
With the legislation that authorizes advance deposit wagering (ADW) in California set to expire at the end of 2007, the state's Racing Board is set to undertake extensive deliberations with the racing industry and the California Legislature in order to improve the ADW licensing model. ADW wagering has ... (read more)
I-gaming Prohibition Becoming a Priority for Republican Leaders24 January 2006
Following revelations that Jack Abramoff and Tom DeLay may have manipulated voting and other factors surrounding the Internet Gambling Prohibition Act in 2000, Republican lawmakers could be hoping to rectify the past and distance themselves from political scandal by putting an online gambling prohibition bill to vote once again in 2006. ... (read more)
Western Union Shuts Down Antigua Offices19 January 2006
Money transfer services company Western Union on Jan. 4 shut down operations at its four agencies on the islands of Antigua and Barbuda. Its services through the four agencies are known to have been one of the payment methods accepted by several of the islands' online gambling operators, which has prompted speculation that Western Union may be reacting to the U.S. ... (read more)
A Foundation for I-Gaming in South Africa19 January 2006
A 242-page report published in October 2005 by South Africa's National Gambling Board and mandated through a schedule of provisions in the National Gambling Act of 2004 will likely serve as a foundation for a regulatory model for Internet gambling.
The 2004 Act obligated the board to establish an ... (read more)
BoS Launches New Efforts Backing US Regulation17 January 2006
BetOnSports (BoS) has initiated a proactive approach toward opening a dialogue for the regulation of online gambling in the United States by enlisting the aid of the International Institute for Conflict Prevention and Resolution (CPR), a well reputed global organization with a broad scope of members that is dedicated to settling legal and policy disputes. ... (read more)
China Striving to Erase Gambling10 January 2006
China represents a market that most I-gaming companies lust for, but the government would rather gambling be unavailable to its citizens. Government officials initiated a massive crackdown on gambling at the beginning of 2005 under the pretenses that in the previous year over US$94 billion in both public and private funds had been spent on foreign gambling services. ... (read more)
What's Next for Ladbrokes?6 January 2006
After completing the sale of its 416 hotels to its American sister company £3.3 billion (US$5.8 billion), U.K.-based Hilton Group Plc (HG.L) will have no other business properties besides its Ladbrokes betting and gaming division. One of the most prominent gambling businesses in the United Kingdom and ... (read more)
PokerStars on the Block - Let the Bidding Begin6 January 2006
The owners of the world's second largest online poker room, PokerStars, have tapped investment bank NM Rothchild to help them unload the business through either a sale or a float on the London Stock Exchange, prompting yet more speculation about the inevitable consolidation of the I-poker space. Early signs indicate that the company is most likely to sell. ... (read more)
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