Wednesday, September 5. 2007
It seems the stereotype may not hold true – except for bookmaker Paddy Power that is. Citing an unexpected number of favorable sporting event results, the Irish firm saw profits for the first six months of 2007 raise to over 35.4M (Eire), nearly double the 17.5M (Eire) it recorded during the ...
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Monday, August 27. 2007
Citing current ongoing equine influenza outbreak related issues, Centrebet International Limited stocks fell nearly 5% as the company attempts to asses how current horse racing restrictions will affect their bottom line. With restrictions on horse travel being implemented across several ...
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Saturday, August 25. 2007
With no less than 27 international companies, including Intercasino, Littlewoods and the Playboy Casino, moving their operations to Malta by month’s end, Malta has cemented itself as the “place to be” for the online gaming world. With 84 internet companies already there, 76 others having ...
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Friday, August 24. 2007
Taiwan-based Gigamedia, one of Asia’s first internet companies to list on the US Nasdaq, is gradually moving out of the ISP-over-cable business, and quickly becoming a power-player as an online gambling operator. After setbacks in the ISP market, new profits are starting to ...
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Thursday, August 23. 2007
Vibrator Bandit Sentenced After Raid A Leicester robber who held up a bookmaker’s shop using a vibrator disguised to look like a gun was sentenced to five years on Monday. Nicki Jex, 27, hid the sex toy in a plastic bag and robbed the Landbrokes bookmaking office of more than ...
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Wednesday, August 22. 2007
Gaming giant William Hill has cited a return to “business as usual” as the reason for its decision to move its operations from the Caribbean Dutch Antilles to Malta and Gibraltar. New amendments to the European Union’s 2005 Gambling Act were passed last week allow only gambling firms on a ...
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Monday, August 20. 2007
Louisiana State Police have arrested three men they claim ran an illegal internet gambling website after a month-long investigation. One of the arrested, Nicholas Jenkins of Seattle, Washington, is accused of owning and operating the website Betcha.com, which allowed ...
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Friday, August 17. 2007
Interactive Gambling has temporarily suspended its rapidly-crashing stock this week, citing “pending clarity of its financial position”. Despite purchasing Heathorns two years ago and bookmaker Premier Bet last year, shareholders should expect the worst according to Rodney Hobson of ...
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Wednesday, August 15. 2007
Swedish gambling company Unibet has removed its sponsorship from its title cycling team according to a company statement, leading the team itself to disband. “we expected it. The riders are free to look for a job with other teams” according to former team manager Koen ...
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Tuesday, August 14. 2007
Focus on the Family – the evangelical Christian coalition headed by James Dobson – has announced its support to the National Football League’s actions in opposition to proposed legislation in Congress that would legalize sports and online betting. The proposal, which was ...
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Monday, August 13. 2007
Britain’s largest independent bookmaker, BetFred has hired investment bank NM Rothchild to review their business. With 700 betting shops and ranking only behind the big three U.K bookmakers – Ladbrokes, William Hill and Coral, coupled with the volatility in the gaming market have led ...
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Saturday, August 11. 2007
Despite a quarterly loss of $2.6M in its second quarter, gambling software firm Cryptologic is optimistic about its upcoming fiscal year. At this time last year, the company reported a profit of $8.2M, a staggering change from this year, however the firm blames the downturn on relocation ...
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Friday, August 10. 2007
Government officials in the U.K. have announced new regulations aimed at removing advertising rights for gambling sites not based in a “white-list” country – effectively any country outside the European Economic area, according to the Department for Culture, Media and Sport. ...
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Tuesday, August 7. 2007
Michael Clebnik, a self-professed “computer guy”, may be the potential savior of poker playing in America. After the Unlawful Internet Gambling Act (UIGA) was put into place last year and effectively cut off the world’s largest customer stream for online gaming, many analysts ...
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Friday, August 3. 2007
When Safford Police officer Brian Avila pulled over a 2007 BMW G-6 sportscar for reckless driving last week he had no idea what he would find inside – over $51,500 in cold hard cash. Aurangzeb M. Sheikh, an online poker player from Texas was pulled over after an officer spotted ...
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