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2011 March | Casinovas

Archive for March, 2011

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AEDAPI COMMENTS ON PROPOSED SPANISH BILL AMENDMENTS

The Spanish Government’s draft bill on online gambling regulation has received a number of amendment proposals from interested parties that include political parties, trade associations and would-be Spanish market licensees.

The Spanish trade association AEDAPI notes that political groups have filed more than 200 amendments related to the Draft Gambling Regulation act but believes that most of the proposed amendments will contribute to drawing up a coherent regulatory framework that, if …

Full Story: AEDAPI COMMENTS ON PROPOSED SPANISH BILL AMENDMENTS

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AEDAPI COMMENTS ON PROPOSED SPANISH BILL AMENDMENTS

The Spanish Government's draft bill on online gambling regulation has received a number of amendment proposals from interested parties that include political parties, trade associations and would-be Spanish market licensees.

The Spanish trade association AEDAPI notes that political groups have filed more than 200 amendments related to the Draft Gambling Regulation act but believes that most of the proposed amendments will contribute to drawing up a coherent regulatory framework that, …

Full Story: AEDAPI COMMENTS ON PROPOSED SPANISH BILL AMENDMENTS

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LIVE DEALER ACTION AT BETFAIR CASINO

Players at Betfair Casino will now be able to participate in live dealer play, the company announced this week. The new feature is available on the Betfair Casino website on a number of games.

Adam Joseph, Head of Betfair Casino UK said, "This is an exciting time and another step forward for Betfair Casino with the launch of Live Casino, replicating the excitement and immediacy that only comes from a live casino experience. Live Casino will provide a smooth entrance for land-based …

Full Story: LIVE DEALER ACTION AT BETFAIR CASINO

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EU ADVOCATE GENERAL RELEASES OPINION IN AUSTRIAN ONLINE GAMBLING CASE

In Europe, Advocate General Bot has released his opinion regarding ECJ case C-347/09, an Austrian online gambling issue in which the AG opines that criminal law cannot be used to enforce gambling laws that do not comply with EU law

The case follows an earlier finding in September 2010 by the European Court of Justice which concluded that Austrian legislation on internet gambling is in conflict with European law due to a lack of transparency in the licensing process, and the requirement that …

Full Story: EU ADVOCATE GENERAL RELEASES OPINION IN AUSTRIAN ONLINE GAMBLING CASE

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NEW PARLAY DIRECTOR

Parlay Entertainment, a Canadian software developer in the online gambling industry, has announced an intriguing deal and the appointment of a new director.

Chief executive Scott White revealed that an associate and shareholder of the company, Soren Mirzai, has joined the board of directors, whilst Anthony De Werth and Brian Barr have resigned.

Full Story: NEW PARLAY DIRECTOR

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NET PROFIT PLUMMETS AT INTRALOT

Greek land and internet gambling supplier Intralot has posted serious declines in its 2010 numbers, reporting that net profit dropped 26.5 percent, mainly through by write-downs.

Net profit dropped to Euros 36.6 million (2009: $51.47 million), burdened by write-downs and provisions of Euro 5 million, although the latter was considerably less than that experienced in 2009, when there were charges of Euro 18.5 million.

Full Story: NET PROFIT PLUMMETS AT INTRALOT

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CALVIN AYRE WEBSITE SOLD

Online gambling branding entrepreneur Calvin Ayre has announced the sale of his online information portal CalvinAyre.com for an undisclosed sum to a group of investors led by media journalist and manager Scott Longley.

A statement from Ayre’s company reveals that negotiations for the acquisition began in November when Longley, backed by a group of public gaming executives approached, Ayre with an offer which was initially rejected twice before agreement was reached this week.

Full Story: CALVIN AYRE WEBSITE SOLD

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TWO NEW BETTORLOGIC PRODUCTS LAUNCHED

Bettorlogic, creator of bet stimulation technologies, has added two further products, Nextbet and Multibet, to its white-label portfolio.

Nextbet is a CRM product which combines performance data, customer data and details of a player's last bet, to offer additional bet propositions based on that selection. It is activated by matching the selection just chosen with other teams/players showing similar performance characteristics and presented alongside the bet confirmation. It can work …

Full Story: TWO NEW BETTORLOGIC PRODUCTS LAUNCHED

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888 STILL IN TALKS WITH LADBROKES

Acquisition negotiations between 888.com and the UK land and online gambling giant Ladbrokes are still ongoing, according to 888’s newly released results for 2010.

The decline in performance experienced by 888 last year will concern investors, with EBITDA down 37 percent to $28.6 million despite revenue growth of 6 percent to $262.1 million.

Full Story: 888 STILL IN TALKS WITH LADBROKES

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BET365 GRANDAD HITS THE JACKPOT

UK grandfather StevenM will be doing some serious spoiling of his grandchildren in the coming weeks, thanks to hitting a mjor GBP101 705 jackpot on the Playtech-powered Wall Street Fever progressive slot at bet365.

A player at bet365 for the past six years, the big winner has hit jackpots in the past, but none as large as this one.

Full Story: BET365 GRANDAD HITS THE JACKPOT