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IGN Staff Gaming Guru - Page 4NetEnt Set for Russian Push28 April 2009
Net Entertainment A.B., the Stockholm-listed software developer, turned in a strong first-quarter performance, with revenue up 60 percent to 68.7 million Swedish kronor.
The company said growth came as a result of seven new customer launches and higher volumes at existing licensees.
Its core product is ... (read more)
Crypto Sends 10 Games to Befair Arcade27 April 2009
CryptoLogic Ltd., the Dublin software supplier, on Monday agreed to provide Betfair's online gaming site, Betfair Arcade, with 10 of its branded and non-branded games.
The games will be made accessible to Betfair through Orbis Technology Ltd.'s Fixed Odds Games platform.
In December 2008, CryptoLogic ... (read more)
Europe Was Sector's Largest Market in 2008, Consultancy Says27 April 2009
H2 Gambling Capital, the gambling research firm, said Europe was the world's largest interactive gambling market in 2008.
Of the 17.1 billion euros in online gambling gross win -- stakes less winnings -- generated globally, Europe delivered 6.9 billion euros, H2 said in an e-mail newsletter from the European Gaming and Betting Association. ... (read more)
Swiss Justice Ministry Recommends Introduction of Limited Licensing Regime23 April 2009
The Swiss Department of Justice and Police on Wednesday said the country should relax its existing restrictions on Internet gambling and issue licenses to a limited number of operators.
In March 2007, the Federal Council -- Switzerland's seven-member head of state -- instructed the Justice Department to ... (read more)
Eye on the Industry | U.S. Studs and Duds17 April 2009
Welcome to IGamingNews' newest series of semi-regular op-ed articles, Eye on the Industry. Here, we'll feature brief, incisive pieces -- penned by executives, analysts, lawyers, researchers, the occasional anonymous source, mainstream media journalists, fellow e-gaming scribes and a professional gambler or two -- which examine a particular issue.
... (read more)
Bwin Ends Growth Year in the Red16 April 2009
While the Austrian operator Bwin Interactive Entertainment A.G. reported annual losses of 12.3 million euros, strong growth in sports betting drove gains at the top line.
Net sports betting revenue -- which accounted for 55 percent of the company's total net gaming revenue -- rose 20.3 percent to 202.7 million euros over 2007. ... (read more)
Action Imminent in UIGEA Court Challenge16 April 2009
An American trade association is set to have its challenge against the controversial Unlawful Internet Gambling Enforcement Act considered at a federal appeals court in Philadelphia this summer.
The Interactive Media Entertainment and Gaming Association, or Imega, announced Thursday that by July 6, the ... (read more)
888 Runs Afoul of Buenos Aires Authorities16 April 2009
A prosecutor in the autonomous federal city of Buenos Aires, Argentina, has threatened legal action against 888 Holdings because the operator's dot-com and dot-ar Web sites are available, illegally, to residents there.
Verónica De Muro, a lawyer with VDM Consultores in Montevideo, Uruguay, explained to ... (read more)
Tote Tasmania to be Put on the Block9 April 2009
The Tasmanian government has proposed legislation in the state parliament that would see its lucrative betting agency, Tote Tasmania, put on the selling block.
Tote Tasmania was founded in 1999, and holds the exclusive right to conduct pari-mutuel wagering on the island state. According to the Australian Associated Press, it generates turnover of 750 million Australian dollars. ... (read more)
PartyGaming: The Day After8 April 2009
Below you'll find a selection of what the world's journalists are writing or blogging about PartyGaming's $105 million settlement with the United States Department of Justice.
Hyperlinks go directly to columns or blogs.
At a stroke, PartyGaming is now top of the pack for the long-awaited sector consolidation. ... (read more)
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