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Christopher A. Krafcik Gaming Guru - Page 4Finland's Ray Expected to Launch Online Poker31 March 2009
As debate over a state-sponsored online poker room in Finland continues to make local headlines, Finnish legal experts told IGamingNews Tuesday that the country's slot-machine association, Raha-automaattiyhdistys, is expected to receive government approval to launch online.
"According to our sources and ... (read more)
Poker in the Far East | Thomas A. Hall, C.E.O., AsianLogic31 March 2009
Welcome to IGamingNews' new series of articles exploring poker in the Far East. Below is the first installment of a two-part interview with Mr. Hall.
He talks fast. Really fast. And he knows a thing or two about Asia.
Thomas A. Hall, the chief executive of AsianLogic Ltd. and non-executive director of ... (read more)
EU Says U.S. Laws Violate W.T.O. Rules26 March 2009
Europe's internal market regulator, the European Commission, announced Thursday that United States Internet gambling laws are inconsistent with World Trade Organization rules, but stressed a round of negotiations between European and American trade officials should precede any action at the W.T.O.
"It is ... (read more)
Being Frank: U.S. Regulatory Bill Likely this Spring24 March 2009
As the industry turns the calendar on March, it will soon be two years since Barney Frank introduced the Internet Gambling Regulation and Enforcement Act, a bill that would legalize and regulate Internet gambling in the United States.
After securing reelection in November, Mr. Frank, who is chairman of ... (read more)
Bookies to Lead Way in Consolidation of Listed Sector, Analyst Says24 March 2009
Not a forecast the online gambling industry hasn't heard before, but one London equity analyst expects the listed sector to begin consolidating soon, with bookmakers to play a central role.
Ivor Jones of Evolution Securities wrote in note to clients Monday that Bwin Interactive A.G., Sportingbet and Unibet are the most likely to participate in some form of consolidation. ... (read more)
So Far, No Political Backlash against Ladbrokes' Nordic Ad Campaign23 March 2009
Last spring, the controversial "Svenska spel, Engelska odds" advertisng campaign earned Ladbrokes a trip to Swedish Market Court, but under a recently launched campaign in the Nordics, the company has scaled back the flourish -- sort of.
"The broad majority of Nordic punters are still pretty much in the ... (read more)
Alleged Australian Blacklist Names Internet Gambling Operators20 March 2009
IGamingNews notes the release of an alleged blacklist, in Australia, that would see a number of Internet gambling sites blocked as part of an Internet content filtration initiative currently being pushed by the Australian Labor Party.
According to published reports in the Australian media, the list was ... (read more)
Crypto Reports Loss-Making Year as Concern on Launch Delays Rises18 March 2009
CryptoLogic Ltd. logged a net loss of $32.7 million for the 2008 fiscal year, and while the company is forecasting $8 million in revenue from new customers in 2009, progress so far has been slower than anticipated.
Fourth-quarter losses, glaringly, came in at $25.9 million as non-recurring restructuring expenses mounted and $16 million in long-term assets was written down. ... (read more)
Financial Digest: Crypto Fourth-Quarter Preview, Playtech in Spain, Intralot in France16 March 2009
Playtech Ltd., the London-listed software developer, has done a casino and poker licensing deal with the land-based Spanish operator, Casino Gran Madrid.
The Casino Gran Madrid deal follows Cirsa Gaming Corporation's three-year agreement with PartyGaming to explore opportunities in Spanish-speaking ... (read more)
Exclusive: Aziz Attacks on Eve of Crytpo's Fourth-Quarter Results16 March 2009
After this article was published, comments were added from CryptoLogic, as was additional background information on Mr. Aziz's decision to withdraw his EGM request.
In a letter obtained exclusively by IGamingNews Monday evening, Javaid Aziz, the former chief executive of CryptoLogic Ltd., redoubled attacks against the company's board ahead of its fourth-quarter results Tuesday.
... (read more)
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