EGamingPulse

Wednesday, September 21. 2005

Poor results prompt Sportech warning

LONDON (SHARECAST) - Betting group Sportech
warned profit before tax and restructuring costs for the first half is
expected to be GBP5.2m reflecting an 8% decline in gross win from the
betting division due to poor sports results. ...

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Tuesday, September 20. 2005

Betfair decision on ice

Herald Sun
OCTOBER 18 as D-Day for Betfair's push for a licence in Tasmania.
Tasmanian Premier Paul Lennon was expected to endorse Betfair's bid yesterday, but it has been put on ice until October 18 to allow further talks with the state's racing industry.
Lennon believes he has ...

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Sportingbet ends takeover talks with Empire

Sportingbet has ended plans for a US$1.4bn takeover of poker operator Empire Online.

Sportingbet announced early this month it was in early stage merger talks with Empire, the owners of Empire Poker.

But it revealed today that negotiations had ceased by mutual ...

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Monday, September 19. 2005

Playtech has plans for a possible listing

London City
Cyprus-based software firm Playtech has begun plans for a possible listing on the London Stock Exchange (LSE).
Playtech has met with advisers in London over potential exit plans with an initial public offering (IPO) believed to be a favoured option.
One City source ...

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Sunday, September 18. 2005

Legal fears raised over gambling listings

Independent News & Media (UK) Ltd
One of Wall Street's leading law firms has warned investment banking clients not to back upcoming flotations in the lucrative online gambling sector.
Poker and gambling websites have rocketed in popularity in recent years and a number have ...

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Saturday, September 17. 2005

Talk of an online gamblng bubble burst is premature.

LONDON
(Dow Jones)--Online gaming is much more than just a passing fad as
time-poor punters surf the internet on the hope of making a quick buck.

Friday, September 16. 2005

An A-K in the hand is a useful weapon

LA times

It is not pocket aces, nor is it pocket kings. But as far as monster starting hands go, it is next.

Many poker experts rank A-K as the third-best starting hand, ahead of even pocket queens and jacks, and here's why: If an ace flops, you have top pair/top ...

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NBA sponsorship deal for Action Poker

Action Poker, the poker site owned by software firm Las Vegas From Home (LVFH), has signed a sponsorship deal with US basketball team the Los Angeles Clippers.

The exclusive ‘in-arena’ marketing deal includes courtside signage, promotional giveaways and print media.

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eGaming Industry share prices clamber out of slump

Egaming shares have bounced back following last week’s slump, when PartyGaming’s gloomy forecasts sent shares prices sliding.

PartyGaming’s revised forecasts for growth in the poker market caused nervous investors to bail out of egaming shares, sending prices tumbling.

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Thursday, September 15. 2005

Chips down as 888 gives float value

THE world's largest online casino today valued its flotation as high as £714m, in the latest test of the City's appetite for internet gaming stocks.

Shares in 888 Holdings are being offered to investors within a range of 162p to 212p, which will value the company at between £546.1m ...

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Wednesday, September 14. 2005

US Senate turns aside Web gambling ban for now

(Reuters) - The U.S. Senate on Thursday turned aside an attempt to restrict Internet gambling in a procedural move, but Sen. Jon Kyl vowed he would try again and said he expected the legislation would become law eventually.

The Arizona Republican tried to attach language ...

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Tuesday, September 13. 2005

Some cope by gambling what little is left

Boston Globe Staff

BATON ROUGE, La. -- Raymond Brown strips off $20 from a wad of bills and feeds it into the slot machine at the Argosy Casino, a riverboat that promises ``casino fun for everyone."

Never mind that his New Orleans house is flooded, and his family ...

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Monday, September 12. 2005

World Poker Tour to make stop at Borgata

Courier-Post Staff

ATLANTIC CITY Borgata Hotel Casino & Spa will host the World Poker Tour for the third straight year.

The games began Sunday and will continue all week, culminating in the Borgata Poker Open from Sept. 19 to 22.

About 500 players are ...

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Sunday, September 11. 2005

RANKING THE BEST: Hilton sports book tops bettor's list

REVIEW-JOURNAL
Few professional bettors are more qualified to critique Las Vegas sports books than Steve Fezzik. He visits almost all of them on a regular basis and bets big.

Fezzik is welcomed into most books but has been thrown out of others.

"I oftentimes ...

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Saturday, September 10. 2005

Will online gaming turn out to be a busted flush?

Thebusinessonline

THE activity on Sportingbet's trading floor in its City of London offices is almost identical to that in any dealing room. Hunched over their computer screens, dealers generate hundreds of millions of pounds in revenues by constantly making new ...

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Entries from September 2005