Industry News Archive Page 5

Online Gambling Soaring in Spain
Posted:2007/02/23
The online gambling market in Spain is expanding rapidly, and experts anticipate that it will surge to around $5 billion by 2010, according to a new industry report. By Gene Koprowski
U.K. Encourage Online Gambling
Industry News. / Posted:2007/02/23
U.K. Chancellor of the Exchequer Gordon Brown -- his country's secretary of the treasury --is poised to reveal a plan in his budget next month to encourage the online gambling industry, according to experts. By Gene Koprowski
Gov Spitzer ‘All-In’ on Catskills Casino
Posted:2007/02/21
There was a time when the Catskills in upstate New York was teeming with all-inclusive resorts. Places such as the Concord, Kutscher’s and Grossinger’s were frequented for long weekends, By Glenn Haussman
Alberta Provincial Government Eyeing Online Gambling?
Posted:2007/02/19
The provincial government of Alberta may be on the verge of embracing Internet gambling, according to experts. An Indian tribe, the Alexander First Nation, located just north of the city of Edmonton, By Gene Koprowski
Revenues Rise for Online Casino
Posted:2007/02/19
A British Internet gambling company, 888 Holdings PLC, said last week that full-year net gaming revenue rose seven percent after clients gambled more and the company won new customers By Gene Koprowski
West Virginia Seeks Table Games
Posted:2007/02/14
In a move to protect itself from the emerging Philadelphia gaming market, West Virginia looks like it will approve table games as early as later this week. By Glenn Haussman
Playboy's Online Casino Goes Live
Posted:2007/02/12
Major new online gambling sites launched last week, including one owned and operated by Playboy Magazine, demonstrating that the online gambling industry, far from being crippled by the Unlawful Internet Gaming Enforcement Act (UIGEA) continues to grow. By Gene Koprowski
Online Gambling Disputes Filed
Posted:2007/02/12
The online gambling standards and player protection authority -- London-based eCommerce and Online Gaming Regulation and Assurance (eCOGRA) group By Gene Koprowski
Las Vegas Sands Turns in Record 2006
Posted:2007/02/07
Macau is continuing to be magic for the Las Vegas Sands Corporation. The company that successfully brought a touch of Italy with its massive Venetian casino complex to Las Vegas... By Glenn Haussman
Sports Betting Soar Super Bowl Week
Posted:2007/02/05
Visits to online gambling Web sites by employees of ScanSafe's U.S. customers -- major corporations -- were up 77 percent in the week between Jan. 23 and 31. By Gene Koprowski
WTO Rules Against U.S.
Posted:2007/02/01
The ruling has not been made public yet, but a spokesperson for the U.S. Trade Representative's office confirmed that the decision was against the U.S. By Gene Koprowski
Wager Online on the Oscar's
Posted:2007/02/01
"The popularity of entertainment odds has grown by leaps and bounds in recent years and award shows have always been a big draw," said Calvin Ayre, Bodog.com founder, By Gene Koprowski
Brain is 'Turned On' by Online Gambling
Posted:2007/01/29
An article in this week's issue of Science magazine reports that UCLA psychologists have discovered how the brain evaluates the possibility of winning versus losing when making gambling decisions. By Gene Koprowski
Hooters Looks to be Bust
Posted:2007/01/29
Hooters’ is turning out to be anything but a hoot for its investors. The casino, which opened just nine months ago on the site of the former San Remo, has had profits skimpier than its staff’s uniforms and has lost millions since its opening. By Glenn Haussman
Macau Casino Billion Deal
Posted:2007/01/26
Virgin Group guru Richard Branson has his eyes set on getting a piece of the rapidly expanding Macau gaming market. Reports say that the entrepreneur is set to acquire a 50 acre (20-hectare) site in order to build a $3 billion casino resort complex. By Glenn Haussman
Processors Step into the Void Left by Neteller
Posted:2007/01/25
Neteller's position as a publicly traded British company forced it to stop handling U.S. betting transfers as of the end of last week. By Gene Koprowski
Online Gambling for Japanese Market
Posted:2007/01/19
According to Amy Gomez, 777.com's marketing director, following requests from Japanese gamblers, who vocalized a need for a Japanese version of the gambling site. By Gene Koprowski
Casino Enhances Online Offerings
Posted:2007/01/19
Next week, interXgaming will host a special forum Freeroll challenge to honor the winners of 2006, and set the tone for the New Year. By Gene Koprowski
Growth in Online Gaming Sector

According to GigaMedia, the company will buy up to 18.3 million shares of T2CN, which is approximately 40 percent of the shares outstanding, subject, of course, to adjustment based on T2CN's performance in the first half of 2007. By Gene Koprowski
Seminoles Talks with U.S. Goverment

The Seminole Indians of Florida, fresh off their historic purchase of Hard Rock International, are camping up their efforts to operate true Las-Vegas style slot machines at the casinos they own throughout the state. By Glenn Haussman
Indiana Considers Expanding Horse Racing

Legislators in Indiana are moving forward with new proposals to expand horse racing and slot machines throughout the Midwestern state. By Gene Koprowski
Expanding Slot Machine Gambling
Posted:2007/01/12
The State Legislature in Maine is poised to decide whether slot machines should be allowed in places other than the Hollywood Slots parlor that opened in Bangor, the state capitol, in 2005, experts are telling Onlinecasinocrawler.com. By Gene Koprowski
New Hampshire Gambling Compromise

Gambling foes fear legalization will harm the state's image and drain money from low-income residents, not out-of-state vacationers. By Gene Koprowski
AC With Record 2006

Atlantic City reaped its biggest rewards ever at the gaming tables and slot machines during 2006, but a potential no smoking law on the casino floor could put a damper on 2007 revenues. By Glenn Haussman
Credit Card Rates for Online Gambling

The bank is planning to charge customers the cash advance rate of interest -- up to 27.8 percent -- rather than the normal purchase rate (up to 22.9 percent). By Gene Koprowski
Casino Windsor to Become Caesars

Now, a new agreement between Ontario Lottery and Gaming Corporation (OLG) – which is the agency responsible for province-wide lottery and gaming operations -- and Caesars World, Inc. --a wholly owned subsidiary of Harrah’s Operating Company By Glenn Haussman
Regulation Gaming & Tribe's Reservations

The Washington State Gambling Commission and the Spokane Tribe of American Indians last week reached an agreement that will regulate gaming on the tribe's reservations, but on a limited basis. By Gene Koprowski
Technology Developed for Macau Casinos

According to executives at Titanium Group, the company will now provide its patented facial recognition products, systems, and IT solutions in gaming to the largest gaming concession holders in Macau. By Gene Koprowski
Spanish-Language Poker Site

Toronto-based gaming software developer CryptoLogic Inc. this week disclosed that its wholly-owned subsidiary WagerLogic Limited has executed a final contract with William Hill, one of the best-known names in European gambling... By Gene Koprowski