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Christopher A. Krafcik Gaming Guru - Page 40

Christopher A. Krafcik
 
 

French Court Gives New Life to Mr. Bookmaker Case

21 January 2008
A French court has decided to review the criminal investigation of Mr. Bookmaker's former chief executive to determine whether the investigation satisfied the requirements laid down by European community law. The case in question involves Didier Dewyn, now Deputy Chief Executive of Unibet, who in April ... (read more)
 

A Long Shot

16 January 2008
An outspoken Internet gambling proponent has a shot at becoming Washington state's new governor in 2008. Renton, Wash.-based attorney Lee Rousso announced his candidacy for Washington's gubernatorial race this week on Newsradio KIRO710. Readers may recall that Rousso mounted a constitutional challenge in ... (read more)
 

Neteller 'Pleased' with 2007 Performance

11 January 2008
This week's stream of trading updates continues as Neteller this morning said fourth-quarter trading has met management expectations, and projected that its full-year results would meet market expectations. Concerning its ongoing settlement with the U.S. Justice Department, it said it would make the final payment of $38.25 million on Jan. ... (read more)
 

Microsoft, Yahoo, Google Pay $31.5 Million to US DOJ

19 December 2007
High-profile Internet giants Microsoft, Yahoo and Google have forked over a combined $31.5 million in a settlement with the U.S. Justice Department over allegations the three promoted illegal Internet gambling. According to U.S. Attorney Catherine Hanaway, who announced the settlement this morning at Eagleton Federal Courthouse in St. ... (read more)
 

Crypto Finalizes $6.1 Million Mikoishi Dea

11 December 2007
CryptoLogic continues to be one of the industry's most aggressive Asian acquisitors, having this morning finalized a deal for a significant minority stake in a Singapore-based game development and design company. Crypto said its $6.1 million investment in Mikoishi Studios -- originally announced in early ... (read more)
 

Insights: Nevada . . . What If?

7 December 2007
A recent study conducted by the University of Nevada Las Vegas' International Gaming Institute on behalf of the Nevada Gaming Control Board has industry observers wondering if and when the Silver State will decide to regulate Internet gambling. Among U.S. lawyers, the loose consensus seems to be that regulatory initiatives will begin on a state-by-state basis, rather than on the federal level. ... (read more)
 

Norway Proposes Payments Ban

19 November 2007
Ending more than a month's worth of speculation, the Norwegian government last week submitted a proposal for public comment confirming its intention to disrupt the relationship between payment processors, Norwegian residents and what it terms "unlawful" remote gambling sites. In an October interview with ... (read more)
 

Crypto Shows Quarter-on-Quarter Revenue, Earnings Growth

8 November 2007
CryptoLogic released third-quarter results this morning, highlighting a 7.8 percent increase in revenue to $17.5 million against figures from the second quarter. The company stressed that quarter-over-quarter comparison was a "more meaningful indicator" of relative performance than year-on-year comparison, given the significant industry-wide impact of the U.S. ... (read more)
 

Asia, Europe Strong for Neteller in Third Quarter

6 November 2007
Neteller released its third-quarter trading update this morning, highlighting strong growth in the group's Asian and European markets despite a pre-tax loss of $145.9 million, due in large part to its multi-million dollar settlement with the U.S. Justice Department (DOJ). Q3 European revenue rose 19 ... (read more)
 

Unibet Reports 22 Percent Jump in Post-Tax Profit

31 October 2007
Unlike its predecessor, Unibet's third-quarter report was released without the designation, "unsatisfactory," though sports betting margins continued their downward trend, falling 2 percent to 6.2 percent against the previous-year period. Gross win for the three months to the end of September rose 4 ... (read more)

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Christopher A. Krafcik
Christopher A. Krafcik