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Christopher A. Krafcik Gaming Guru - Page 17New Skill Games Bill to See More Action Next Year30 September 2008
A new United States bill establishing a regulatory regime for Internet-based games of skill -- including poker -- has been introduced in the Senate, but insiders on The Hill say the legislation will serve merely as a means to generate discussion between now and the next session of Congress.
The Internet ... (read more)
Trillion Row with Boss Ends as It Began: Strangely29 September 2008
Trillion Ltd., the London company which trades as Pokertrillion, has curiously withdrawn all claims in its contentious legal dispute with Boss Media A.B. on Malta.
By way of background, the dispute allegedly began when Pokertrillion was thrown off of Boss Media's International Poker Network -- this ... (read more)
Morning Brief: Early Days29 September 2008
As of 5 p.m., British Summer Time, no new news regarding the dispute between Trillion Ltd. and Boss Media A.B. Phone calls to Robert K. Vincent, a spokesman for Gtech Corporation, and Andy Pyrah, the chief executive of Pokertrillion, have yet to be returned.
With PartyGaming having relaunched its poker ... (read more)
Market Briefs29 September 2008
Crypto Possible M&A Target of Party, 888, Analysts Say
For a second straight quarter, CryptoLogic Ltd. has forecast less than rosy financials. While the warning had mixed impact in the markets today, analysts believe the struggling company could soon become attractive prey for its acquisitive ... (read more)
Morning Brief: Italian Stallions26 September 2008
As ever the M&A magnet these days (speculation in which, admittedly, we often indulge), the Times of London has reported Playtech Ltd. is in advanced talks with William Hill to do a software licensing deal.
These rumors are nothing new, however, as for months speculation has abounded regarding Hills' deal with CryptoLogic Ltd. ... (read more)
Playtech Inks 4th Italian Licensee, Shares Continue to Slide26 September 2008
As the wild ride on the global markets continues, shares in Playtech Ltd. -- of late the victim of market bears -- lost 6.43 percent despite the announcement of its fourth Italian poker licensee.
Cogetech S.p.A., the land-based and online operator, is to join Playtech's online poker network. Initially, ... (read more)
Neteller Release Upbeat, Shares Indifferent24 September 2008
Neteller, the online money-transfer company, has announced a number of client wins, joint marketing contracts and upgrades to its e-wallet -- announcements that have earned solid reviews from analysts but, curiously, have gone over neutral with the London market this morning.
With regard to new clients, ... (read more)
IG Snaps Up Tokyo Forex Trader24 September 2008
IG Group Holdings, a spread betting operator in London, has raised £82 million via a placing this morning to fund its acquisition of a majority stake in FXOnline Japan K.K.
FXOnline, a foreign-exchange trading company in Tokyo, has agreed to sell IG 87.5 percent of its issued share capital for £112 ... (read more)
Morning Brief: Losses Mount22 September 2008
After announcing its third Italy-based licensee, Sisal S.p.A., on its investor and analyst call earlier this month, Playtech Ltd. has taken the news to the wires this morning.
Analysts have been lukewarm on Italian poker, however, mostly because the tournament-play model is untested. Richard Carter of ... (read more)
Crypto Possible M&A Target of Party, 888, Analysts Say22 September 2008
For a second straight quarter, CryptoLogic Ltd. has forecast less than rosy financials. While the warning had mixed impact in the markets today, analysts believe the struggling company could soon become attractive prey for its acquisitive rivals.
The Dublin developer announced this morning that it is ... (read more)
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