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Christopher A. Krafcik Gaming Guru - Page 32Nambling Notes - May 16, 200816 May 2008
888 Holdings (London: 154.25p / -0.50 p / -0.32%)
888 Holdings has signed a strategic agreement with Rival, a provider of game server software and i-Slots virtual games, whereby 888 will integrate Rival's titles into its software platform.
By way of background, on the April release of its annual results, the company announced plans to launch 888Debut.com. ... (read more)
PartyGaming Chief Steps down, Board Shuffled15 May 2008
Mitchell A. Garber, the chief executive of PartyGaming, will step down Friday, three months after announcing a desire to return to North America for family reasons.
Mr. Garber, a Canadian national, is succeeded by James A. Ryan, chief executive of St. Minver Ltd., the Gibraltar-licensed online operator. ... (read more)
Nambling Notes - May 15, 200815 May 2008
WorldSpreads Group, the Dublin-based spread betting operator, has completed its listing on the Irish Enterprise Exchange of the Irish Stock Exchange. The listing follows its August 2007 I.P.O. on the London Stock Exchange, which generated £5.77 million, or $11.23 million.
The company's chief financial officer, Niall S. ... (read more)
CryptoLogic Chief Bullish on '08, '09 Revenue Growth14 May 2008
The chief executive of CryptoLogic Ltd., Brian H. Hadfield, said the company intends to bring total revenue back to pre-U.S.-exit levels -- $104 million -- by the end of 2009 via aggressive acquisition of licensees and strong returns on its Asian investments.
"For our Asian investments, we see modest revenue in the second quarter, more revenue in the third and fourth of this year," Mr. ... (read more)
Neteller Says Second-Quarter Trading "Encouraging"13 May 2008
Neteller, the online payments processing group, said Tuesday that second-quarter trading was off to an "encouraging" start with April fee revenue up 15 percent to $3.8 million over the previous month.
Dale P. Johnson, chairman of Neteller, said in a trading update that the group has distributed its ... (read more)
Dutch Justice Ministry Astir Anew?12 May 2008
The Dutch Ministry of Justice on Saturday confirmed Unibet and Oranje are among a group of at least 30 blacklisted online operators to whom the government intends to disrupt payments.
“It is illegal to offer gambling services in the Netherlands without a permit,” Reuters quoted one justice ministry spokeswoman as saying. ... (read more)
New CEO Is Fourth for Boss since May 20079 May 2008
Michael Hallén, the chief executive of Boss Media, is stepping down after less than a year with the company, and just three months after its acquisition by a Lottomatica subsidiary-led investment vehicle.
Successor to Mr. Hallén is Raul Parekh, former head of Asian corporate development at Gtech Corp. ... (read more)
Nambling Notes - May 8, 20088 May 2008
CryptoLogic Ltd., the I-gaming software developer, has agreed to supply 888 Holdings with casino games -- including Bejeweled, Cubis and Millionaire's Club -- via a three-year licensing deal inked Thursday.
The agreement, the third of its kind for 888 in 2008, follows deals with NextGen Gaming, the Australia-based software developer, and CTXM, the Latvia-based games developer. ... (read more)
Sportingbet: Third-Quarter Trading Strong, COO Post Cut8 May 2008
Sportingbet, the online sports betting operator, said Thursday that third-quarter operating profit is expected to double over the year-ago period. It was revealed, however, that the company's downsizing initiative, ongoing since its October 2006 U.S. withdrawal, has claimed the chief operating officer's post -- with it, C.O.O. ... (read more)
Nambling Notes - May 7, 20087 May 2008
Global Betting and Gaming Consultants said Wednesday that the first quarter of 2008 was the largest on record for the I-gaming industry, with gross revenues across commercial betting, gaming and lotteries -- excluding state-run lotteries -- up 28.5 percent to $3.38 billion against the year-ago ... (read more)
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