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Christopher A. Krafcik Gaming Guru - Page 19Morning Brief: Big Friday12 September 2008
Bwin Interactive Entertainment has lost a civil case in a German regional court involving unfair competition, but legal experts in Germany have told IGamingNews that the federal court may ultimately decide in favor of the Vienna operator.
Our full report will be available later today.
Barney Frank, the Massachusetts Democrat, has reintroduced the Payment Systems Protection Act. ... (read more)
French Government Mulls FDJ Privatization12 September 2008
Merrill Lynch, the American financial services behemoth, has been appointed financial advisor to the French national lottery La Française des Jeux, pending a government decision on whether to sell a portion -- or all -- of its 72 percent stake.
The news came yesterday as Christophe Blanchard-Dignac, who ... (read more)
Morning Brief: It All Helps11 September 2008
PartyGaming, the Gibraltar operator, has done a deal with Evolution Gaming of London for a live-dealer service covering baccarat, roulette and blackjack. The service will be offered via Party's casino arm, PartyCasino.com.
"Good addition to the stable," Andrew P. Lee, an analyst with Dresdner Kleinwort in London, told IGamingNews by telephone this morning. ... (read more)
New Fish in Party's Pond?11 September 2008
While PartyGaming's live-dealer agreement this morning grazed industry headlines, rumor of the Gibraltar company's having appointed a new marketing officer has been all but confirmed.
IGamingNews understands that Jon Salmon, the managing director of Intercasino's marketing agency, AdsDotCom, has been ... (read more)
Morning Brief: iFuture?10 September 2008
Spin3, a mobile gambling software developer with ties to Microgaming Software Systems Ltd., has released a real-money mobile casino for Apple's wildly popular iPhone.
The iPhone also grabbed I-gaming headlines in late July, when Probability announced on its full-yearly results that it had developed a ... (read more)
Bwin in Long-Running Feud over Turkish License9 September 2008
Bwin Interactive Entertainment has confirmed it is trying to recover 2.25 million euros it suspects it was defrauded of during an attempt to obtain a sports betting license in Turkey last year.
By way of background, the license the Vienna operator sought was not for Iddaa, Turkey's state-administered ... (read more)
Q.& A. | Gigi Levy9 September 2008
Gigi Levy, the chief executive of 888 Holdings, answered questions by telephone about the company's growing business-to-business arm, its perceived competition in the b-to-b space, collaboration-minded solutions to the poker liquidity problem, M&A and more.
Q: An area of the company we watch closely ... (read more)
Morning Brief: Predators and Prey8 September 2008
In a note to the Vienna Stock Exchange, Bwin Interactive Entertainment, the online betting specialist, said it spent 2.25 million euros in an unsuccessful bid to obtain a sports betting license in Turkey. In March 2007, the company discontinued serving the Turkish market directly after prohibitive legislation was enacted the month prior. ... (read more)
Market Briefs8 September 2008
U.S. Brokerage Firms under Class-Action Fire
Two brokerage firms in the United States have been sued by shareholders who claim that investor funds were illegally appropriated and invested in illegal online gambling.
Deanna McBrearty of New York, N.Y., and Marylynn Hartsel of Boca Raton, Fla., on Friday ... (read more)
Morning Brief: Deutschland Dealer5 September 2008
Following on from yesterday's convertible bond issue, when asked whether proceeds from the issue would be used to finance future acquisitions, Stefan Zenker, head of public and investor relations for Jaxx A.G., told IGamingNews:
"We have not outlined any specific targets yet, but yes, acquisitions may be an option for JAXX’s future growth. ... (read more)
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