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Christopher A. Krafcik Gaming Guru - Page 29Bookie with Costa Rican Online Ties Busted in Texas (Update 1)19 June 2008
Three residents of West Montgomery County, Texas, were arrested Tuesday on charges of money laundering in connection to Internet gambling. One United States legal expert believes the operation typifies illegal stateside bookies, which use online sports books as a low-cost strategy to mitigate the risks of ... (read more)
Victor Chandler Staff Released on Police Bai19 June 2008
The Victor Chandler International support staff members held in Kuala Lumpur were released Wednesday. The arrestees, detained since last Friday, have yet to be charged by Malaysian authorities.
Phil Hall, a spokesman for Victor Chandler International, told Interactive Gaming News Thursday that 16 staff ... (read more)
Deadline Passes, Victor Chandler Detainees Still Jailed18 June 2008
The 15 staff members from a Victor Chandler International support center are still being held in Kuala Lumpur, Malaysia.
The detainees, men and women aged 18 to 25, were arrested Friday, June 13.
"As far as we know, the decision is still pending on whether to release them (detainees), or whether to ... (read more)
'Yes, We Will Recover,' ESI Chief Says18 June 2008
Having revealed an 85 percent loss in full-yearly revenue and resolved its costly United States legal issues, Anthony B. Greening, the chief executive of ESI Entertainment Systems Inc., said the company will recover.
"Yes, we will recover," Mr. Greening told Interactive Gaming News by telephone Wednesday. ... (read more)
Q.& A. | Ralph J. Topping17 June 2008
Ralph Topping speaks with the hardened dialect of a weathered, well-aged Scotsman -- vocal tones renowned for playing havoc with North American ears across fickle international telephone wires.
Mr. Topping, 56, rose to the chief executive's post in February 2008, though his career with William Hill, a ... (read more)
Playtech Acquisitive with £112 Million Share Placing17 June 2008
With an eye on funding future acquisitions, Playtech Ltd., the London-listed software developer, raised £112 million via a share placing Tuesday.
The placing -- 21.6 million shares at 520 pence, or $10.14, a share -- was carried out by Collins Stewart, a British financial services company.
In a ... (read more)
Market Briefs16 June 2008
Full-Yearly Revenue Forecast Dim for Betbrokers
Betbrokers, a betting brokerage and online gambling operator in London, said it is unlikely to meet market expectations for the fiscal year ending Dec. 31, 2008.
The company said that "a lack of funds in the clearing house account has severely restricted ... (read more)
Nambling Notes | June 16, 200816 June 2008
CryptoLogic Ltd. (London: 771p / - 30.50p / - 3.81%)
CryptoLogic Ltd. has inked a software licensing deal with Betjacks, an Ireland-focused online gambling startup scheduled to launch this fall.
Including Betjacks, CryptoLogic, a software provider in Dublin, serves 16 licensees. In May, Brian H. ... (read more)
Victor Chandler Support Staff Denied Bai16 June 2008
Following last week's arrests in Kuala Lumpur, Interactive Gaming News has learned that 15 Victor Chandler International support staff members, Malaysian nationals all, are still being held after a request for bail was denied Monday.
"We went to the magistrate today in Kuala Lumpur and applied for them ... (read more)
Victor Chandler Support Staff Detained in Malaysia13 June 2008
An unknown number of Victor Chandler International support staff has been arrested in Kuala Lumpur, Malaysia, Interactive Gaming News has learned.
According to Phil Hall, a spokesman for Victor Chandler International, the company is unsure about what motivated the arrest.
"We believe there's been a mixup," said Mr. ... (read more)
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