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Emily D. Swoboda Gaming Guru - Page 14Hills' Italian J.V. Sold, 'Bigger Priorities for Capital,' F.D. Says2 July 2008
Upon weighing the risks against the rewards, William Hill and its joint venture partner, Grupo Codere S.A., have sold their entire company, William Hill Codere Italia Srl, to Intralot Italia spa for 5.5 million euros.
Simon Lane, group finance director for William Hill, told Interactive Gaming News ... (read more)
City Index Deal Not a Difference Maker for Party, Analyst Says1 July 2008
With its City Index deal, PartyGaming is trying new markets and looking to partners outside the world of online gambling for growth, but one analyst says a financial spread betting offering may not be a difference maker for the Gibraltar-based operator.
In an alliance with City Index, a spread betting ... (read more)
Swedish Government Nixes Poker Network30 June 2008
Svenska Spel, Sweden's betting and poker monopoly, has been denied permission by the government to create an international poker network with other state-controlled gaming operators.
Anders Borg, Sweden's minister of finance, is demanding tighter controls on poker from Svenska Spel. He said the company ... (read more)
Nambling Notes | June 27, 200827 June 2008
GOING ONLINE Genting International confirmed it will launch its first online gambling site, in the United Kingdom, called CircusCasino.com.
Genting International's wholly-owned unit, Genting Stanley Alderney Ltd., acquired in 2006, will run the site.
The site will be available to players worldwide for play-for-fun games, the company said. ... (read more)
Sportsbet Challenges NSW Ad Restrictions26 June 2008
A challenge to New South Wales' online gambling advertising ban could result in a clarification of the validity of the law.
Sportsbet, an online sportsbook in the Northern Territory, has instigated a legal battle with the New South Wales government over the company's right to advertise its services at a ... (read more)
California I-Poker Bill Clears Latest Hurdle25 June 2008
A bill to regulate Internet gambling in California passed another test in the State Legislature on Tuesday.
AB 2026, introduced to the Legislature in February by Lloyd E. Levine, a Democratic assemblyman, passed the Senate Governmental Organization Committee in a 7-to-1 vote on Tuesday.
"We were ... (read more)
Monopoly Czar Gives an Iron Inch20 June 2008
While De Lotto, a state-owned sports betting operator in the Netherlands, has long symbolized opposition to a liberalized European gambling market, its director, Tjeerd Veenstra, admits he is ready to dialog on the possibility of opening that very market.
"This battle has to be settled now," Mr. ... (read more)
Cigars, Sports Betting and a Full Moon19 June 2008
A group of young men from Texas, angry about the Unlawful Internet Gambling Enforcement Act, started a sports betting company that, by all accounts, is the only legal answer to sports betting since the United States online gambling ban.
CentSports is an advertising-supported sports book that starts off ... (read more)
More Questions, Fewer Answers from U.S. State Regulators17 June 2008
State legislators have a lot of questions they want answered before considering changing their position on Internet gambling, but one former gaming industry regulator says some of the answers have already been made available.
The National Council of Legislators from Gaming States, or NCLGS, opposes Internet gambling. ... (read more)
Follow the Money13 June 2008
In the United States, gambling issues drew upwards of $6.98 million in lobbyist spending in the first quarter of 2008.
But, narrowing the field to Internet gambling issues, gaming interests spent almost as much in the first three months of 2008 lobbying Congress as they did in the last six months of ... (read more)
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