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Christopher A. Krafcik Gaming Guru - Page 13PKR Stands to Gain from Generation Xbox on New Asia Deal12 November 2008
AsianLogic Ltd., the land-based and Internet gambling operator, will market PKR's three-dimensional poker product in Asia under a deal announced yesterday.
AsianLogic, with offices in Singapore and Hong Kong, is to develop PKR's customer base across its target markets through affiliate partnerships and direct marketing initiatives. ... (read more)
Playtech Mulling Further Affiliate Acquisitions11 November 2008
Mor Weizer, the chief executive of Playtech Ltd., said this morning that the company is considering acquiring additional affiliate businesses from its founder, Teddy Sagi, who, previously, has graced Forbes magazine's list of Israel's 40 richest people.
Last month, Playtech agreed to acquire two affiliate companies controlled by Mr. ... (read more)
UIGEA Rules Amended, Language Unknown11 November 2008
IGamingNews learned today that the proposed regulations for the UIGEA were amended and cleared by the Office of Management and Budget, though to what extent the rules were changed remains unclear.
"The changes have to be implemented by Treasury," a Washington insider told IGN by telephone. "Subsequently, the Fed, which is not under O.M.B. ... (read more)
Bush Aide Accused of Lobbying for UIGEA10 November 2008
According to a letter obtained by IGamingNews, United States Representative Steve Cohen is asking whether a top presidential adviser appointed this year, who lobbied against Internet gambling before his appointment, was involved in pushing to finalize the proposed UIGEA regulations on behalf of a former lobbying client.
... (read more)
Scandinavia Seeing Big Third-Quarter Gains7 November 2008
Growth for operators and suppliers serving the Scandinavian markets continues amid the economic downturn. After Net Entertainment A.B. and Unibet reported significant third-quarter gains year on year, so too have Betsson A.B. and Entraction Holding A.B.
"Some people have stated that the Nordic markets ... (read more)
Financial Week in Review | Nov. 77 November 2008
Coming off a red October, the 20 e-gaming stocks surveyed by IGamingNews were up 6 percent between Oct. 31 and Nov. 6.
PartyGaming and 888 Holdings, which dropped markedly last month, gained 12 percent and 14 percent this week, respectively, but leading the field was CryptoLogic Ltd., which gained 22 ... (read more)
French Government Acknowledges Possibility of 2010 Opening3 November 2008
As anticipated by sources with IGamingNews early last week, the French media is reporting that the much anticipated ouverture maîtrisée could be pushed back to 2010.
"It (the draft regulatory bill) will be reviewed by the National Assembly and the Senate during 2009 and we will be ready in late 2009 or ... (read more)
NetEnt Weathering Downturn, and Well3 November 2008
In an upbeat set of third-quarter results, Net Entertainment A.B. said today that it has rebounded well from the seasonal slowdown and, bolstered by a strong stream of licensing agreements, is not seeing stunted growth reported by other of the listed sector's key players.
The Stockholm company, best known ... (read more)
Despite Economic Upheaval, Inspired Says Sale Still Possible3 November 2008
Inspired Gaming Group on Friday said trading for the year just ended was in line with expectations and that, despite wider economic instability, a sale for all or part of the company is still a possibility.
Since the July sale of its loss-making pubs division to Danoptra Gaming Group and a £40 million ... (read more)
Oct. 31 | Financial Week in Review3 November 2008
Sector Overview
It's been a torrid month for I-gaming stocks.
In a survey of 20 companies by IGamingNews, value fell 12.55 percent between Oct. 6 and Oct. 31. Sentiment across the sector, moreover, has changed markedly from six months ago, when the effects of the current downturn had yet to ... (read more)
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