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Archive for November, 2005


Virgin Poker Launches in London

Wednesday, November 30th, 2005

Virgin Poker is now a part of the Boss Media poker network and was finally launched yesterday, November 24, in London. The online poker site was initially soft launched in July of 2004 but this latest offering sees the poker site in a brand new perspective.
Almost every aspect of the [...]

Posted in Gambling Industry News | No Comments »


Tighter Lid Imposed on Russia Gambling

Tuesday, November 29th, 2005

Land-based gambling is a mushrooming business in Russia, accounting for close to 1% of the GDP, and some USD 5.3 billion in 2005 alone. Casino game machines take up the biggest chunk—85%, or an estimated USD 4.5 billion of the 2005 aggregate amount.
In an effort to put a tighter lid on the booming gambling industry, [...]

Posted in Casino News, Europe Gambling, Gambling Industry News, Land-based Casino | No Comments »


Online Poker Approved in Sweden

Monday, November 28th, 2005

The Swedish government has approved Svenska Spel, a state-owned gaming company, as provider of Sweden’s first online casino poker destination.

Posted in Europe Gambling, Online Poker | No Comments »


EGET Joins The Poker Table Through Mobile Phones

Friday, November 25th, 2005

The European Game & Entertainment Technology (EGET) chimes in on the poker hysteria by developing a mobile poker game for UK-based content and applications provider, Stream Group.
EGET is a Finnish supplier of money games for the mobile Internet.
EGET’s new product will be the very first project launched by [...]

Posted in Gambling Industry News | No Comments »


New Online Casino in Super Bowl Host City

Thursday, November 24th, 2005

Super Bowl XL is not the only sports and recreation big event putting Detroit on the map in February 2006. Coinciding with the National Football League’s season finale, a new online casino named Motown Legends Casino is slated to go live in Detroit come February.
Detroit, dubbed as Motown capital, is the venue of choice for [...]

Posted in Casino News, Gambling Industry News, Online Casino | No Comments »


New Gaming Act on to UK Gambling Ads

Thursday, November 24th, 2005

Britain’s new Gaming Act will aim to regulate a wider coverage of online gambling operators, and thereby serve as a stricter watchdog to advertising. This was according to Tessa Jowell, Secretary of State for Culture, Media and Sport, speaking before attendees at the annual general meeting of the British Casino Association.
The Gaming Act of 1968 [...]

Posted in Casino News, Gambling Industry News, Online Casino, UK/Great Britain Gambling | No Comments »


The Payne-less Struggle Towards The Top of Internet Gaming

Wednesday, November 23rd, 2005

”Online gaming is licensed and taxed in 63 countries worldwide and the United States should be taking advantage of this $10 Billion market,” Nigel Payne, Chief Executive of Sportingbet PLC, said in an interview for CBS 60 Minutes.
Sportingbet operates a number of brands, the largest of which are Sportsbook.com and ParadisePoker.com.
”Gambling has existed [...]

Posted in Gambling Industry News | No Comments »


Empire Poker To Sue PartyGaming

Monday, November 21st, 2005

In a most interesting twist of events, Empire Poker is launching legal action against PartyGaming after the latter decided to drop acquisition plans for its former poker skin.
According to a recent report from Reutuers, Empire is preparing legal action because of the breakdown of recent negotiations for PartyGaming’s acquisition of Empire Online. [...]

Posted in Gambling Industry News, Online Poker | 1 Comment »


Empire Poker Shares Slid 20%

Monday, November 21st, 2005

Empire Poker’s shares dropped 20% after rumors of acquisition bid by PartyGaming become less and less likely to take place.
The sell-off came 14 days after PartyGaming announced it had made an approach for the company.
Trading in Empire was active, with more than 15.4 million shares changing hands, or nearly twice the company’s [...]

Posted in Gambling Industry News, Online Poker, Stocks Analysis | 1 Comment »


PartyGaming Future Bright - HSBC

Sunday, November 20th, 2005

Analysts at HSBC slapped a price target of 122p on the shares of PartyGaming, saying they saw potential upside of 30% on the share price at levels of 94p.

Posted in Casino News, Gambling Industry News, Online Casino, Stocks Analysis | No Comments »


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