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Christopher A. Krafcik Gaming Guru - Page 7Betcha Victorious at Wash. State Appeals Court11 February 2009
A Court of Appeals in Washington State ruled Tuesday that Betcha.com, the battle-worn Seattle betting startup, had not violated state gambling law before it was forced to close nearly two years ago.
Betcha, a company billing itself as an online, honor-based betting operator, was shut down in July 2007 by ... (read more)
Exclusive: Everleaf Gaming Says Pokertrillion 'Washed Hands' of Debt11 February 2009
After this article was published, one comment was added from Everleaf Gaming.
It was an odd and stealthy war of public relations.
During Pokertrillion's brief spell in the industry limelight, the online poker startup dished a heavy dose of allegation toward Boss Media A.B., the network partner with ... (read more)
After Brief Run, Startup Pikum Folds10 February 2009
Pikum, the social betting startup, has confirmed with IGamingNews that the business will indeed be wound up. When asked their take on the company's demise, online betting industry insiders agreed that current market conditions for launching a consumer-facing pools variant are far from ripe.
Pikum was ... (read more)
For NetEnt, Licensee Deals, Forex Tailwinds Driving Growth9 February 2009
With 38 licensing agreements signed in two years, it's no wonder that Net Entertainment A.B. is growing -- and fast.
The Stockholm company, whose core product is a casino software solution called CasinoModule, turned in a strong fourth-quarter performance Friday. Revenue for the three months ended Dec. ... (read more)
ECJ to Scrutinize OPAP Monopoly; Brussels Watching 'With Interest'9 February 2009
The legitimacy of Greece's betting monopoly should be scrutinized by the European Court of Justice, reporting judges for Greece's highest administrative court recommended Monday.
In cases brought by William Hill and Stanleybet International, private betting operators seeking licenses in Greece, the ... (read more)
For Party, Currency, Competition Culling Revenue6 February 2009
Forex headwinds and stiff competition in PartyGaming's core poker market saw the operator record its third consecutive quarter of top-line decline.
Net gaming revenue for the quarter, $100.4 million, was down 17.9 percent against the same period last year and 14.6 against the previous quarter.
Like ... (read more)
Bwin Resilient amid Fourth-Quarter Doldrums6 February 2009
Bwin Interactive Entertainment A.G., whose shares have gained 31 percent in recent weeks, turned in a resilient fourth-quarter performance relative to competitors in the listed gaming sector.
Gross gaming revenue for the quarter came in at 117.7 million euros, up 15.1 percent against the year-ago period ... (read more)
Forex Havoc, Weaker Demand Hit 888 in Fourth Quarter5 February 2009
Despite a disappointing set of fourth-quarter performance indicators Thursday, Gigi Levy, the bullish chief executive of 888 Holdings, said there are a significant number of companies that "probably find the downturn a lot more challenging than we do."
The strength of the United States dollar, the ... (read more)
Is It Curtains for Pokertrillion?4 February 2009
Everleaf Gaming Ltd., poker network partner to the troubled operator Pokertillion, said in a prepared statement last Saturday that it had "assumed full responsibility" for Pokertrillion's players.
Pokertrillion, readers may recall, instigated a short-lived but high-profile lawsuit against Boss Media A.B. ... (read more)
L&G's New Online Properties Steal Fourth-Quarter Show3 February 2009
New Internet properties for Leisure & Gaming turned in a strong fourth-quarter performance as the company continues to build out its online gaming arm.
The London company, best known for its Betshop Italia retail and online operation, generated total wagers of 24.1 million euros in the three months ended Dec. ... (read more)
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