EGamingPulse

British bookmaker Ladbrokes indicated this week that despite shortfalls in its over the counter business, an unexpected rise in high-wager betting over the telephone in the past few weeks has helped them reach record highs in profits.

 

Profits from telephone betting in the ...

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April of this saw UK high-street and online bookmaker Ladbrokes cease takeover talks with 888.com. Most will agree that this was mainly due to the possibility of retrospective prosecution by U.S. authorities against gaming companies who once took bets from US citizens.

According to ...

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Online gambling has been around less than fifteen years. In that time there have been some key moments that have defined the industry as we know it today.

1995 – The very first Internet casino opens it doors. It offers blackjack, roulette and craps amongst other casino games. ...

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Shares in online gaming company PartyGaming Plc rose just over 7.3% this week to 33 pence after the company announced it had met its financial expectations for the second fiscal quarter. With the rise in stock value, the company worth reached as estimated 1.3 billion pounds ($2.6 billion).

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The European Commission revamped its efforts this week to open up the sports betting markets in France, Sweden and Greece this week as part of a quarterly effort on nations who break EU rulings.
Curbs on gambling competition in Sweden and France have been shown to be discriminatory and ...

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The Italian soccer betting scandal took another turn on Tuesday as Palermo forward Di Michele, Atalanta’s Thomas Manfredini, Vicenza’s Massimo Margiotta and Mantova’s Vincenzo Sommesse were all summoned by the Italian Soccer Federation for questioning by Italian prosecutors over an alleged ...

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The governing European Commission will officially censure France, Greece and Sweden this week due to moves by those nations to effectively create a state monopoly in sports gambling, according to the Agence France-Presse.

Greece is set to receive only an initial warning; however, both ...

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Speaking of his nation’s desire to settle an ongoing dispute over Internet Gaming, Antigua and Barbuda Prime Minister Baldwin Spencer addressed President George Bush during the meeting between CARICOM leaders and the American Head-of-State.
 
Spencer informed the President that his ...

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The Swedish Government is set to commission a new report that addresses the rules governing the gambling industry. As published in Svenska Dagbladet, Finance Minister Anders Borg and Public Health minister Maria Larsson wrote that their main priority was to institute a ban on aggressive ...

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The European Union today called for compensation from the United States due to its ban on foreign online gambling sites, which it says contradict global trade laws.

A constant source of foreign opposition, the Unlawful Internet Gambling Enforcement Act, which stopped U.S. banks and ...

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According to an official Chinese government notice “Industry and commerce bureaus at all levels must not license any new Internet cafes in 2007”.

The State Administration for Industry and Commerce website states that investigators are looking into whether Internet cafes are improperly ...

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In order to stimulate economic development in the depressed southern and central areas, Taiwan is preparing to introduce sports gambling on April 15, 2008 according to the ...

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