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Christopher A. Krafcik Gaming Guru - Page 5Attorneys in BetonSports Case to Discuss Trial Date Next Week12 March 2009
As the BetonSports case inches toward its third year in existence, some news on a trial date may finally be released.
In court documents filed last Wednesday, United States District Judge Carol E. Jackson ordered that a scheduling conference be held on March 18 in St. Louis, Mo., where attorneys for both ... (read more)
After Profitable Year, Party Shares Swell ahead of DOJ Resolution11 March 2009
Although adverse currency fluctuations significantly dampened PartyGaming's financial year, optimism on imminent plans for an Italian poker launch, growth in the casino vertical and -- of course -- an expected resolution with the Justice Department pushed the company nearer to its 52-week stock-exchange high Wednesday.
... (read more)
EU Lobbyist Critical of Newly Adopted IMCO Report on Integrity10 March 2009
The European Parliament on Tuesday adopted a controversial report on the integrity of online gambling, but one European lobbying group said the report is unlikely to lead to any new legislation from Brussels.
The Committee on Internal Market and Consumer Protection, or IMCO, in October 2008 introduced the ... (read more)
Results Preview: U.S. News Pushes Party to Three-Month High10 March 2009
After this article was published Monday, comments were added from Daniel Stewart & Company.
PartyGaming is trading even with December's 211-pence high ahead of its full-yearly results, due out Wednesday.
Nearly three months on from Anurag Dikshit's decision to settle with the United States government, ... (read more)
32Red Continues Convalescence on Strong Casino Performance9 March 2009
One year after reporting annual losses of £12.8 million on a costly, unsuccessful run with Betdirect, 32Red revealed net profits of £1.26 million for the 2008 fiscal year.
Total net gaming win came in at £12.9 million, up 26 percent versus 2007. Casino, the company's core product, generated net win of ... (read more)
French Regulatory Proposal Unveiled, Tax Regime Draws Criticism9 March 2009
After this article was published Friday, comments were added from Bwin.
As promised, France has released a draft proposal that would liberalize its hitherto monopolistic gambling market, but online gambling industry observers are already raising eyebrows at the government's proposed tax regime.
After ... (read more)
GigaMedia in Store for Rough 4th Quarter; OPAP Shares to Suffer on Deregulation Threat; Interactive Thrives for Lottomatica6 March 2009
GigaMedia Ltd.'s fourth quarter will likely disappoint but United States a long-term growth catalyst; deregulation likely to act as overhang on OPAP S.A. shares for foreseeable future; Interactive division performs well for Lottomatica S.p.A. in 2008.
GigaMedia
Analysts with Roth Capital Partners in ... (read more)
Frank Bill Lobbyists Hopeful of Mid-March Introduction; Sportingbet Hopeful of 2009 DOJ Settlement5 March 2009
In United States news Thursday, Sportingbet said it hopes for a settlement with the Justice Department this year, while Congressmen Barney Frank told reporters in Washington, D.C., that regulated Internet gambling will remain a part of his political agenda amid the financial crisis.
The Sportingbet news ... (read more)
Q.& A. | Matti Zinder, C.E.O., Spin34 March 2009
So many mobiles. So. Many. Mobiles.
According to a newly released study by the International Telecommunications Union, global mobile penetration grew from around 5 percent in 1998 to 61.1 percent in 2008 -- meaning about 4.1 billion subscriptions exist now for mobile cellular telephone use.
Between ... (read more)
For Sportingbet, It's Less Turkey, More Greece4 March 2009
Sportingbet, the online gambling operator, grew second-quarter net gaming revenue by 5.8 percent over 2007 on reduced exposure to Turkey and a strong performance in Greece.
Total net gaming revenue came in at £43.6 million, to which European sportsbetting contributed £23.3 million, casino and gaming, £10.9 million, and poker, £5.3 million. ... (read more)
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