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Christopher A. Krafcik Gaming Guru - Page 10Former C.E.O. Takes Activist Position in Crypto18 December 2008
Javaid Aziz, the former chief executive of CryptoLogic Ltd., has taken a 9.8 percent activist ownership position in CryptoLogic on concern over the company's current strategic direction and deteriorating financial position.
"I am, along with many other shareholders, very concerned about the strategic and financial management of Cryptologic," Mr. ... (read more)
Chilly Investors Thawing on I-Gaming Investment Case17 December 2008
One I-gaming equity analyst thinks institutional investors will likely warm to the sector if PartyGaming and others make monetary amends with the United States Department of Justice.
"Many institutional investors have shunned the online gaming sector since 2006 due to overhanging threat of US Federal ... (read more)
SBO Bet, West Ham in Shirt-Sponsorship Deal4 December 2008
The football club West Ham United has done a shirt-sponsorship deal with Sports Bookie Online, a dual-licensed bookmaker popular in Singapore.
The deal, financial details of which were not disclosed, sees the company's moniker, SBO Bet, emblazoned on West Ham's jerseys. The new home kit is to debut on ... (read more)
Microgaming Emerges as Buyer of Playwize 3-D Tech3 December 2008
Microgaming Software Systems Ltd. has emerged the buyer of Playwize's three-dimensional poker technology, and the Isle of Man company told IGamingNews that a number of its 47 poker licensees have expressed interest in the software.
"Players are increasingly tech-savvy and they expect more from Internet gaming," Janine Woodford, marketing director of Microgaming, said in an e-mail. ... (read more)
Ahead of Vote, Betsson Chief Critical of Norwegian Payments Ban3 December 2008
As Norway's proposed payments ban faces a second vote Thursday, Pontus Lindwall, the chief executive of Sweden's Betsson A.B., sharply criticized a bill he thinks -- among other things -- interferes with European consumers' freedom of choice.
Mr. Lindwall, an outspoken opponent of European gambling monopolies, is certainly no stranger to the hot seat. ... (read more)
Intralot Chief Wary of Near-Term Slowdown in Developed Markets2 December 2008
Constantinos G. Antonopoulos, the chief executive of Intralot S.A., warned on the company's nine-month results that growth in developed gambling markets may slow in the short term and currency fluctuations may play further havoc with metrics.
The Athens-listed lottery technology company, which has done ... (read more)
Betbull Gearing Up for Madrid Launch2 December 2008
Betbull Holding S.E. said it is gearing up for its Spanish betting-shop debut with Bwin Interactive Entertainment A.G. in the first quarter of 2009. In the coming years the two have plans to roll out an undisclosed number of shops across the Autonomous Community of Madrid, Betbull said in its nine-month ... (read more)
Norwegian Payments Ban Passes First Vote by 'Clear Majority'2 December 2008
Late last week, the Norwegian payments legislation passed its first vote in Parliament, IGamingNews has learned.
“The payments bill was debated on Nov. 28 with a clear majority vote for the proposal,” Rolf Francis Sims, the legal adviser to Norway’s Royal Ministry of Culture and Church Affairs, told IGN this morning. ... (read more)
Gioco Digitale Leading Italy's I-Poker Race for Now2 December 2008
As the Italian online gambling operator Gioco Digitale S.A. pauses briefly for a platform update Wednesday morning, the company has emerged Italy’s real-money I-poker leader -- though it is sure to be challenged by Playtech Ltd.’s stable of high-profile licensees, Bwin Interactive Entertainment A.G. ... (read more)
Financial Week in Review | Nov. 281 December 2008
As 2008 claimed yet another company, Phantom Fiber Corporation, the 20 e-gaming stocks surveyed by IGamingNews were up 2.3 percent.
GigaMedia Ltd., last week’s biggest loser, was, appropriately (given the fickle market), this week’s leading gainer, up 19 percent. Playtech Ltd., by contrast, fell 13.3 percent. ... (read more)
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