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IGN Staff Gaming Guru - Page 14ASA says Only 1 Percent of Ads Fail to Pass Muster22 February 2008
Britain's Advertising Standards Authority (ASA) says gambling advertisements showed an "exceptionally high compliance rate" during the first two months new gambling ad rules were in effect. Out of 784 advertisements from a broad range of media, only seven breached the new advertising codes.
"The results ... (read more)
Betsson: First Onliner in Peru?21 February 2008
Stockholm-listed operator Betsson has entered the Peruvian market, offering online poker, online casino, sports betting and scratch-card services.
"We examined several markets in South America and decided on Peru," said Betsson Chief Executive Thomas Kalita in a prepared statement.
Kalita said that ... (read more)
Eight Months Later, a New Face for William Hil21 February 2008
William Hill said today that it's eight-month search for a chief executive has ended.
Ralph Topping, the bookie's former U.K. operations head, was appointed chief executive with immediate effect.
William Hill was rumored to have lined up Brian Wallace, finance director at rival Ladbroks, to replace ... (read more)
Enter Ladbrokes' Newest Stakebuilder19 February 2008
Oft-courted bookmaker Ladbrokes' mystery buyer has been revealed, and he is in a position to be a well-placed suitor.
Joe C. Lewis, a Bahamas-based, British-born billionaire, has purchased a near 7 percent stake in the company, it was revealed on Monday.
The Times today reported on recent speculation ... (read more)
Boss: GEMed Takes Majority Contro18 February 2008
GEMed, a jointly-owned investment vehicle consisting of Medströms and Gtech, said today that it has secured 61.5 percent of Boss Media and must now make a mandatory bid for the rest.
Last Thursday, Boss Media Chief Executive Michael Hallén said that GEMed controlled roughly 50 percent of Boss' issued ... (read more)
Ladbrokes Shares up on Fresh Takeover Rumors15 February 2008
Ladbrokes rose 2.4 percent in London trading today after a second straight day of hazy takeover rumors.
The U.K.-based betting shop owner gained 7.75p to 329, fueling speculation that there may be a private suitor on the scene, according to several media reports. The company gained 2.9 percent yesterday. ... (read more)
Self-Admitted Self-Excluder Wants back his £2.1 Million14 February 2008
A compulsive gambler is suing William Hill to reclaim £2.1 million he lost with the company after putting himself on their self-exclusion list.
Greyhound trainer Graham Calvert, 28, says he began gambling in 2005 and in short time began placing up to 20 bets a day at stakes as high as £30,000 each. ... (read more)
Cashcade: To Float or not to Float?14 February 2008
Cashcade Ltd., a company that bills itself as "the United Kingdom's leading gaming marketing company," is thinking about a public offering or sale. Owner of Getminted.com, FoxyBingo.com and Thinkbingo.com, the company also claims to be the second largest operator of bingo sites in the United Kingdom, behind only Gala. ... (read more)
Boss' Board OKs New GEMed Offer13 February 2008
GEMed, a jointly-owned subsidiary of Gtech and Swedish investment firm Medströms, has upped its bid for Boss Media. Boss' board, in turn, has recommended that company shareholders accept the offer.
Boss' advisor on the deal, HDR Partners, has called the revised GEMed offer -- originally SEK 19.00 ($2.98) ... (read more)
IPGL Takes 15.8 Percent Stake in Probability13 February 2008
AIM-listed mobile gambling services provider Probability received its newest investor Tuesday as Michael Spencer, chief executive of interdealer broker ICAP, took a 15.8 percent holding in the company.
Spencer, who doubles as the U.K. Conservative Party's treasurer, subscribed to a private placing of 3.3 million shares at 50p each through his holding company, IPGL. ... (read more)
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