Posts Tagged ‘online gambling’
PartyGaming founder to sell entire stake
In breaking news, PartyGaming founder Mr. Anurag Dikshit is set to sell his entire stake in the company. It had been reported that Mr. Dikshit planned to sell off two-thirds of his stake in the business but reports from EGRmagazine.com state that Mr. Dikshit will be selling his entire holding in the business. Dikshit plans [...]
Continue ReadingMicrogaming launches new casino games
This October Microgaming will launch four new online casino games. As is their policy for launching new products every month, the new online casino games will be released on the 5th of October. The new games are Wooly World Slots, Kung Fun Monkey Slots and Pure Platinum Slots and Bonus Poker Gold which is a [...]
Continue ReadingOnline Gambling takes on Australian legislation
Australian media company ABC Online is reporting that online gambling companies Betfair and Sportingbet are launching a High Court challenge in Australia seeking to challenge legislation that stops non-New South Wales companies from advertising gambling products and services in the Australian state. The move may have consequences for online bingo games operators and international online [...]
Continue ReadingGaming VC reports half year results
Online gambling company Gaming VC Holdings, which operates online bingo hall Winzingo amongst its online gaming interests, has reported that the first six months of the 2008 financial year its trading has slightly exceeded its expectations, mainly due to its German casino business. The company has also confirmed that it is still in discussions with [...]
Continue ReadingNet Entertainment signs deal nine for 2008
Online games and online bingo developer Net Entertainment has signed King.com as its latest licensee for its CasinoModule product, a move that puts the company’s products in touch with almost 18 million customers. King.com operates up to 150 million game rounds each month. “Providing high quality entertainment to our players is imperative for us. We [...]
Continue Reading2008 will be tough for land gambling industry
Analysts at US banking heavyweight JP Morgan are predicting tougher times ahead for the land gambling industry in Las Vegas with the second half of 2008 shaping up to be the worst period for the industry since 2001.Analysis provides more evidence for online bingo industry observers that land gambling’s loss is the online bingo games [...]
Continue ReadingMore Deals for Net Entertainment
Online bingo games and gambling software company Net Entertainment has renewed its licensing agreement with existing customer Nordicbet for its CasinoModule product which includes online bingo in its repertoire. The company has also signed two more deals with Starpriceonline, an Austrian gambling company and start-up gambling site Intragame. Both companies are scheduled to launch live [...]
Continue ReadingPlaytech boost from investment analyst
Playtech, a major online gaming software developer popular with many online bingo games operators and online bingo halls has received a boost from investment bank heavyweight JP Morgan which has rated Playtech as “overweight” to buy. JP Morgan believes the software developer has a bright future and is likely to generate above-average revenue growth in [...]
Continue ReadingParlay combines with Chartwell
Parlay Entertainment, a developer of bingo online games software, has joined with Chartwell Technology to start a new online bingo network. The network will combine Chartwell’s back-end administration system with Parlay’s front-end bingo online products.Parlay have now made over fifty direct license deals with many online bingo halls utilizing the company’s popular online bingo software. [...]
Continue ReadingFrench ruling causes confusion in online gaming industry
A French court has ruled against online gaming companies Unibet and Expekt in favour of the French Tennis Federation over the two companies attempts to offer online betting at the French Tennis Open. The ruling throws the online gaming industry into confusion over where French government policy is now heading regards a possible relaxing of [...]
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