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Christopher A. Krafcik Gaming Guru - Page 25From the Editor's Chair | v. 2321 July 2008
I sneezed a few times beating the dust out of the chair -- as you can probably imagine, it wasn't pretty.
With Mark having moved to the publisher's role in February, I've been working quietly behind the scenes as the new editor of IGamingNews. These have been a very exciting few months for me, and I look ... (read more)
Selling Suddenly Sputters in Ladbrokes, Hills18 July 2008
Heavy selling in William Hill and Ladbrokes ground to a halt this week as both companies regained a vestige of their previous form -- the latter on rumored stake building by the Irish investment trio of Dermot Desmond, J.P. McManus and John Magnier.
On Friday, Hills was up 7 percent to 326 pence, a price ... (read more)
Market Briefs17 July 2008
Inspired Hits Record Low on £40 Million Placing Plans
Inspired Gaming Group, the server-based gaming specialist, has fallen to a historic stock-exchange low on plans to raise £40 million by way of a discounted share placing.
The placing's proceeds, the company said in its interim results Monday, will ... (read more)
Acquisitive Playtech Reveals Strong Second-Quarter K.P.I.s16 July 2008
On its second-quarter key performance indicators, Playtech Ltd. continued to outperform with record year-over-year growth in total revenue. Quarter-on-quarter growth in the company's core casino business was strong, while growth in poker remained unchanged -- financial behavior about which analysts drew different conclusions. ... (read more)
SJM Completes Long-Anticipated I.P.O.16 July 2008
Dogged by 37 lawsuits and copious servings of drama, Sociedade de Jogos de Macau Holdings Ltd., a casino company part-owned by Stanley Ho Hung-sun, finally went to market in a $493.5 million float Wednesday.
Shares dropped 1.3 percent on their debut, reflecting caution among retail investors wary of new stocks and future lawsuits from Mr. ... (read more)
Nambling Notes | July 16, 200816 July 2008
DOIN' DEALS GameAccount, a skill games specialist, has signed a software licensing agreement with Betfred, a privately held United Kingdom bookmaker.
Under the terms of the multi-year deal, Betfred's online customers will have access to GameAccount's person-to-person skill games ... (read more)
Playtech Latest to Summon Power of Hollywood14 July 2008
Playtech Ltd., a software developer in London, is the most recent addition to a growing list of operators and software developers to take a run with film-branded slots.
Playtech's deal, like those made recently by PartyGaming and Probability, was inked with Paramount Pictures Corporation, which produces ... (read more)
Licensee Migrations Continue for 88814 July 2008
In less than a month, 888 Holdings has won contracts from two of the software licensing industry's biggest players, CryptoLogic Ltd. of Dublin and Playtech Ltd. of London.
In an agreement announced Monday, the Gibraltar company said it will supply its poker platform to The PokerDome Group in Australia, ... (read more)
A Once and Future King?12 July 2008
CryptoLogic Ltd. has seen poker liquidity erode significantly since 2005, when its network boasted more than 9,000 players and explosive revenue-generative potential. While a number of unfavorable political and economic developments have conspired to diminish the Dublin developer's player volumes, Brian H. ... (read more)
On the Rise and Rising11 July 2008
With Playtech Ltd. anticipated to report another quarter of strong revenue growth -- 73 percent versus the previous-year quarter by one estimate -- questions remain regarding the sustainability of, and drivers behind, that growth.
Evolution Securities, a brokerage in London, last week initiated coverage ... (read more)
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