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Archive for August, 2006


Japanese Bank Introduces Casino Game for ATMs

Thursday, August 31st, 2006

Ogaki Kyoritsu Bank Ltd in central Japan will offer roulette game at its automatic teller machines (ATM) when customers finish transferring funds starting in September. The game, called Lady Luck, will appear at the end of a transaction and allow customers to play for up to 1,000yen in prize money.

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


Schwarzenegger Signs More Gambling Deals for California

Thursday, August 31st, 2006

LOS ANGELES (AP)– Gov. Arnold Schwarzenegger, who once opposed unlimited expansion of gambling on Indian lands, has signed deals with several tribes allowing them to install tens of thousands of new slot machines. The latest of the amended state gambling compacts were announced Wednesday _ two agreements that would allow the Sycuan Band of the Kumeyaay Nation to install up to 3,000 new slot machines…

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


Ladbrokes Won’t Pursue US Sportsbetting Market

Tuesday, August 29th, 2006

Taking a cue from BetOnSports, British bookmaker Ladbrokes has decided delay its entry in the US market, and instead opted to tap into the Italian market by way of a €100 million (£68 million) joint venture investment with Italian betting company Pianetta Scommesse [...]

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


Party Gaming emerged leader in the race to acquire Victor Chandler

Thursday, August 24th, 2006

Party Gaming would use the $500 Million debt facility it secured at the end of June to finance the deal.
After recently acquiring Gamebookers for £69 Million, the move for Victor Chandler, which does not accept US bets, would confirm Party’s ambition of further reducing its dependency on US revenues.
When news of a possible acquisition of [...]

Posted in Gambling Industry News, Online Bookies, Sports Betting | No Comments »


Ex-BetOnSports CEO David Carruthers Released On Bail

Thursday, August 17th, 2006

Former BetOnSports chief executive, David Carruthers, was reportedly released from prison on Wednesday after posting the required $1 million dollar-bail raised by his erstwhile company. As part of the bail requirements, Mr Carruthers has been ordered to stay in St Louis, Missouri, and will be fitted with an electronic tag to monitor his movements during the course of the trial.<

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


Harrah’s Entertainment considering a move into the UK casino market

Tuesday, August 15th, 2006

It is as yet unclear whether the New York listed company will wait until the merger is completed before making a move, but it is known that Harrah’s chief executive Gary Loveman wants to expand the group’s overseas activities due to a drop in share prices due to concerns of ’soaring construction costs in Las [...]

Posted in Casino News, Gambling Industry News, Land-based Casino, UK/Great Britain Gambling | No Comments »


Report warns DTI of Britain’s gambling addiction

Tuesday, August 15th, 2006

Professor Jim Orford submitted a report to the Department of Trade and Industry stating that gambling could be one of Britain’s most serious addictions by 2026 because of the new relaxed gaming laws.
Prof. Jim Orford, teaches clinical and community psychology at the University of Birmingham, said that the laws governing the industy would have problems [...]

Posted in Europe Gambling, Gambling Industry News, Online Bookies, Online Casino, Online Poker, Sports Betting, UK/Great Britain Gambling | No Comments »


BetOnSports Close USA Sports Betting Business

Monday, August 14th, 2006

Internet gaming group BETonSPORTS , which removed its Chief Executive, David Carruthers, from his post following his detention in Texas last month, closed its U.S.A. facing business.
The company said it would cease operations in Costa Rica and Antigua, where its U.S. operations are based, because they were no longer viable amid a restraining [...]

Posted in Gambling Industry News, Online Bookies, Sports Betting, Stocks Analysis, UK/Great Britain Gambling | No Comments »


BetCorp Hangs Up USA Phone Wagering

Monday, August 14th, 2006

Betcorp, the AIM-listed online gaming company, has announced that it is no longer taking telephone bets from American residents, and is reviewing its US-facing businesses which currently account for up to 85% of revenue, in the wake of the BetOnSports affair.
Chief executive Colin Walker explained that Betcorp would continue to monitor its US-facing businesses [...]

Posted in Gambling Industry News, Online Bookies, Sports Betting, Stocks Analysis, UK/Great Britain Gambling | No Comments »


Playtech signed a contract with Ukbetting

Friday, August 11th, 2006

Online casino software group Playtech has announced that it has signed a contract with Ukbetting to migrate its casino brands to the Playtech software platform [...]

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

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