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Christopher A. Krafcik Gaming Guru - Page 18Market Briefs22 September 2008
Financial Services Committee Approval a First, Washington Insider Says
Although the Payment Systems Protection Act was vehemently disapproved by some House Financial Services Committee members, one insider saw yesterday’s 30-to-19 vote in favor of sending the act in front of the full House as a positive ... (read more)
Morning Brief: Hook, Line and Sinker19 September 2008
As anticipated by IGamingNews last week, Jon Salmon, the managing director of Intercasino's ad agency, AdsDotCom, has been appointed chief marketing officer of PartyGaming.
A prepared statement from the company this morning, however, neither specified which projects Mr. Salmon will oversee, nor the nature ... (read more)
Gaming VC: Sports Betting Hot, Bingo Not18 September 2008
Kenneth J. Alexander, the chief executive of Gaming VC Holdings, told IGamingNews this morning that although the company's largely Italy-focused sports betting proposition has driven first-half growth, initial results from bingo -- a more recent addition to the stable -- have been disappointing.
Still ... (read more)
Morning Brief: Road to Recovery17 September 2008
Citadel Commerce Corporation, the online money transfer arm of ESI Entertainment Systems Inc., has done a deal to supply 888 Holdings with an online payment solution called Instant Internet Banking.
IGN's Take: This is a significant announcement, as the British Columbia company's last discussed its $9.1 million settlement with the United States Department of Justice. ... (read more)
For ESI, the Sun also Rises17 September 2008
Following a costly settlement with the United States and new deal with 888 Holdings, Anthony B. Greening, the chief executive of ESI Entertainment Systems Inc., told IGamingNews that his company is on the rebound.
It's been one hell of a ride for the British Columbian group, as its flagship Internet ... (read more)
Morning Brief: A U.S. Special16 September 2008
As the current session of Congress draws to a close, amendments to the third installment of the Payments System Protection Act will be voted on today. Below, you'll find a brief primer on how the markup process works, what's at stake, the bill's outlook and (of course) a bit of editorial commentary.
What ... (read more)
Morning Brief: Committee Cruiser?15 September 2008
IGamingNews is investigating an alleged Reuters report suggesting Charlie McCreevy, internal market commissioner for the European Union, has decided to take legal action against Germany, Holland and Denmark over each country's non-compliant I-gaming legislation.
While a spokesperson for Mr. McCreevy's ... (read more)
Market Briefs15 September 2008
PacificNet 'Here to Stay' Having Settled with Creditors
PacificNet Inc., a gaming technology company, has settled a dispute with several of its creditors and now hopes to move forward in building the business and regaining the trust of its customers.
The dispute arose last year when the company, based ... (read more)
EU Trade Delegation Makes Landfall in U.S.15 September 2008
Following a contentious and lengthy run-up, a European Union trade delegation has made landfall in the United States to discuss America's oft-criticized I-gaming policy.
This week, members of the delegation -- which include Jean-Francois Brakeland, who heads the European Commission's dispute settlement ... (read more)
Insights | Wireless Wunderkind?15 September 2008
Pronouncing an achievement commensurate with the birth of the iPod, Steven P. Jobs, the founder of Apple Inc., in January 2007 unveiled the iPhone -- the California company's long-anticipated entry into the mobile world.
The creation's sleek look paired with Wi-Fi and computing capabilities, a crisp, ... (read more)
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