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Emily D. Swoboda
 

Nambling Notes - May 6, 2008

6 May 2008

Scott Lewis, chief executive of 1st Technology, has filed another round of patent infringement lawsuits -- this time in the Eastern District of Missouri. Mr. Lewis filed suit on April 25, and on April 28, the court issued summonses for Digital Gaming Network Ltd, Digital Gaming Solutions, Costa Rica International Sports, Action Poker Gaming Enterprises, eCom Enterprises and SBG Global. Mr. Lewis, who holds a patent on a method for enhancing the transmission of multimedia content, has been suing companies -- online gambling and other -- for patent infringement since 2002.

NetPlay TV, the London-listed interactive gaming group, has purchased British Sky Broadcasting channel 848 from Hollywood TV to launch a live blackjack offering. The sale, for the total sum of £475,000, or $937,114, is subject to BSkyB approval and will be fulfilled through the placing of 2.375 million new NetPlay ordinary shares at the price of 20p.

Stan James Ltd., the Gibraltar-based operator, has broadened its offering via a multi-year deal with GameAccount, the U.K.-based skill games provider. "Skill games broaden the demographic appeal of our online sportsbook offering, particularly relevant for southern Mediterranean and Middle Eastern countries where Backgammon is a cultural phenomenon," said Russell Young, head of e-gaming at Stan James, in a prepared statement.

PurePlay, the U.S.-based online poker site, announced Tuesday that it has received additional funding -- its third round -- from Bay Partners, the Menlo Park, Calif.-based venture capital group. PurePlay said it will use the funds to "expand its marketing efforts and scale its infrastructure."

Tipp24, the Germany-based operator, revealed a 22.3 percent rise in first-quarter revenue to 2.7 million euros, or $4.19 million, compared with 2.3 million euros, or $3.57 million, in the same period last year. The company said however that the new German State Treaty on Gambling, enacted Jan. 1, 2008, negatively impacted new customer registrations on tighter identification and credit checks.

CryptoLogic, the online gaming software developer, will release its first-quarter results on May 12. Brian Hadfield, the company's chief executive, will host a conference call at 1:30 p.m., Greenwich Mean Time, to discuss the results and answer questions.

On the London Stock Exchange Tuesday, Playtech gained 12.25p to 478.75, William Hill closed up 3p to 384.50, PartyGaming gained 2.25p to 27.75 and 888 Holdings closed up 2.25p to 159. Meanwhile, Rank Group dropped 2p to 94.25 and Neteller fell 3.25p to 60.50.

Nambling Notes - May 6, 2008 is republished from iGamingNews.com.
Emily D. Swoboda
Emily D. Swoboda