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Archive for December, 2006


Asian Poker Classic 2007 Goa, India

Wednesday, December 27th, 2006

December 21, 2006 (London, UK) – The biggest event set to be held in Goa over the next year will, officially, be the inaugural Asian Poker Classic from March 1-5 2007.
The Asian Poker Classic (APC) is the first professional poker tournament to be held in India and offer one of Asia’s richest ever poker prize [...]

Posted in India Gambling, Online Poker | No Comments »


Empire Online CEO Noam Lanir sells shares to Party

Wednesday, December 27th, 2006

Noam Lanir, the Israeli online poker and gambling entrepreneur and marketing expert has sold his remaining shares in Empire Online to Party Gaming for $40 million, according to the Y-news site.
More than eighteen months after the company listed on the London Stock Exchange (LSE), the indications are that Lanir is heading out of the online [...]

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


Online Gambling Records Increase Traffic

Wednesday, December 27th, 2006

Online gaming and casino sites enjoyed an increase in traffic in recent months despite the passing of the Unlawful Internet Gambling Enforcement Act in the US in October, according to Alexa.com report.
The increases have occurred over a three month period from September 20 to December 20, 2007.
PokerStars has witnessed a three month rank increase of [...]

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


Playtech Signs Deal With Chinese Firm Sino

Thursday, December 21st, 2006

Online gaming software supplier Playtech has signed a five year licence deal with Chinese gaming group Sino Strategic International (SSI) to provide it with online and gaming software. Playtech said that they would be the first major distributors of Texas Hold’em Poker in the Chinese market and additionally expects to launch a selection of Playtech-powered P2P Chinese tournament games in the first half of 2007.

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


Germany To Ban Online Gambling

Sunday, December 17th, 2006

Germany’s federal states plan to ban Internet gambling, according to draft documents to be discussed by the country’s state premiers on Wednesday, a Reuters reported.
Despite pressure from the European Commission to open up Europe’s gambling market to competition, ministers from most states want to sign off on new rules aimed at protecting their lucrative monopoly [...]

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


Internet gambling industry worth $528 billion per annum

Sunday, December 17th, 2006

Merrill Lynch realeased a new research which states that the Internet gambling industry is still in its infancy and won’t hit its peak until the year 2015.
By 2015, the financial advisor predicts, the global I-gaming market will bring in a mind-blowing $528 billion annually, despite the United States’ prohibitive I-gaming legislation.
Merrill Lynch based [...]

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


Nevada casinos $1 Billion winnings despite Baccarat loss

Tuesday, December 12th, 2006

Nevada casinos set an October record with $1.062 billion in total winnings.
But the Carson Valley area, which includes valley portions of Douglas County as well as the capital city, didn’t share in the wealth, winning just $10.3 million, 9.4 percent less than they did in October 2005.
The apparent reason for the poor showing in markets [...]

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


Singapore Casino #2 awarded to Malaysia’s Genting

Monday, December 11th, 2006

Singapore casino license #2 has been granted to Genting International of Malaysia, beating competition from Kerzner International and Las Vegas-based Eighth Wonder. Singapore casino officials said that Genting’s £3.38 billion bid with Star Cruises was chosen largely because of its ability to attract ‘new and repeat tourism’ as well as raising Singapore’s profile as [...]

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


China gambling. Betex signs scratchcard deal

Monday, December 11th, 2006

The Betex Group is launching scratchcards in China after announcing a £4.75 million deal with the country’s Hebei Provincial Sports Lottery Management Centre (LMC).
Under terms [...]

Posted in China Gambling | No Comments »


Singapore Awards Second Casino Licence to Genting

Monday, December 11th, 2006

Genting International was awarded Singapore’s second casino resort contract, beating competition from Kerzner International and Las Vegas-based Eighth Wonder. Government officials said that Genting’s £3.38 billion bid with Star Cruises was chosen largely because of its ability to attract ‘new and repeat tourism’ as well as raising Singapore’s profile as a family destination.

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

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