Because gambling industry news should be free

PartyGaming talks the talk but posts a net loss of $26.5 million for 2009..

Sportingbet says operating profit for the continuing business for the second quarter ended 31 January 2010(before exceptional items, share option charge, amortisation and listing costs) was £11.2m (2008/9: £10.4m). ..

French Gambling Law descends into Orwellian farce..

William Final Year Results - Fine - but no great surprises..

Ladbrokes Final Year Results - No wonder Bell is leaving???.

Power increases share in Sportsbet.

Reuben brothers mull TV racing bid.

Legalising Online Poker debated in California Senate hearing.

Alphameric boss quits but firm denies Joe Lewis link.

Alphameric Preliminary Results for the year ended 30 November 2009.

888 trading update for the fourth quarter of 2009 and cumulative results for the twelve months ended 31 December 2009.

US court chasing egaming payment processor for $566m, 55 years jail.

US authorities freeze US poker sites' assets, PokerStars and FullTilt included.

Party, 888 top US poker sites despite UIGEA.

Mastercard and Visa crackdown leaves US punters unable to bet with offshore bookmakers..

William Hills' head honcho Topping says that "betting exchanges are the biggest Masonic lodge there is..a massive secret society where illegal gambling is taking place".

PartyGaming oner Dikshit sells his remaining stake in the company.

M-Betting Specialist Probability - Q3 KPIs and Trading Update - Net Gaming Revenue £1,136,525, slightly lower than previous quarter.

Playtech - Q4 2009 Key Performance Indicators and Trading update. Share of profit in William Hill Online of ?8.1 million, up 94% in Q4/09 compared to ?4.2 million in Q3/09, and making its first full year contribution of ?22.5 million

Now Florida Legislature could look at legalising online poker.

Legislation that would allow table games, such as blackjack, poker, craps and roulette, at Delawares three racinos was introduced on Friday and could be considered in the states House of Representatives as early as this week.

A proposed bill sponsored by New Jersey state senator Raymond Lesniak would allow Atlantic City's casinos to offer internet wagering to New Jersey residents.

Available exclusively at Full Tilt Poker, Rush Poker* is the ultimate high-speed poker experience.

William Hill Trading Statement - "William Hill Online delivered a strong performance in Q4. EBIT for the full year was approximately 35% higher (pro forma: -1%)."

Stanleybet set to reopen its Greek betting shop..

At last a modest recovery cited at 32Red PLC.

Shares in Football Pools and Game company Sportech have climbed 18% since the company announced the signing of an Indian facing joint-venture.

Dermot Desmond has allegedly built up a 4% stake in Ladbrokes..

How Niall O'Connor of Bettingmarket.Com had called for Chris Bell's head back in October 2009..

Ladbrokes to seek new chief after the shock resignation of Chris Bell.

How Party Gaming went about financing its most recent acquisitions.

The judgemnet of Advocate General Yves Bot in the case of Sporting Exchange (Betfair vs Dutch Lotto. Bot essentially upholds the right of the Dutch Monopolist.

Mangas announces acquisition of 60% stake in Everest Gaming - the company that owns Everest Poker.

Israeli police arrest owners of offshore internet betting website that took bets from Israeli citizens (Be Warned).

Uk times reports on proposed merger between Bwin and PartyGaming

Do Bookmakers Predict Outcomes Better than Betters?

Two years after its launch the Betfair SP remains marginalised, a victim of vested interests and inertia.

House Financial Services Committee to discuss Barney Franks' online betting regulation bills - H.R. 2266, Reasonable Prudence in Regulation Act, and H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act..

BetonSports PLC sentenced before U.S. District Judge Carol E. Jackson to probation for a term of five years and ordered to pay a fine in the amount of $28,200,000.

On 8-9 December the Europeaqn Court of Justice will hear complaints by Carmen Media Group and Winner Wetten against Germany's State betting laws.

Reports suggest that Joe Lewis is lining up a bid to acquire Turf Tv provide Alphameric.

Bridgepoint,Axa Offer EUR600M For Italy's Snai.

US Intralot try and put a good spin on what are a poor set of results.

Betting Exchange traders relatively unmoved by hung parliament chatter and notion of hedge funds lining up to take short positions in sterling.

US Treasury and Fed have decided to push back implementation of The Unlawful Internet Gambling Enforcement Act for six months, until June 1 2010.

Sheikh Mohammed changed face of British racing.

THE betting exchange half owned by James Packer's Crown Limited has accused the peak body of the NSW racing industry of first planning to ''eradicate them'' and, when that did not succeed, attempting to hobble its business with crippling fees.

Italian financial services regulator Consob has widened an investigation into the front running of research to include 35 asset managers.

Egerton blasts ego driven handicapper..

Betfair takes one step closer to proposed IPO - valuation of 1.8bn likely.

Online Poker Market Shares (Cash Players) - October 2008 vs October 2009.

Audacious plan for a multi-million pound futuristic tourism and gambling development in Dundalk.

Can you deduct online gambling losses?

Failure to market the footage of Kauto Star's victory in the Beecher Chase, reveals absence of marketing insight amongst UK horseracing's leaders.

Italy court cancels scratch-and-win tender.

Snai scende sul primo supporto giornaliero.

Andreas Gursky - Chicago Board of Trade.

The Fed Is Bailing Out Every Bank In The World.

Goldman Finally Discloses True Intentions Vis-a-Vis Dark Pools, As SEC Now Actively Opposes These.

bwin Converting Convertible Loan Note in betbull; betbull thus Taking Full Ownership in Betbull Bwin Espana S.A.

Ladbrokes to close Aintree call centre.

Unibet Group plc secures Revolving Credit Facility of EUR 24 million.

Notice of early redemption of EUR 100 million bond in Unibet Group plc.

Sportech reports that as of 18 November 2009, the Group has banking facilities of £99.75 million, whilst net debt stands at £81.5 million. Company says that because of a desire to make acquisitions, combined with current trading, it is asking its banks to increase the flexibility of its lending arrangements.

Bwin sees fall in total revenue during Q3 - company saw a 10.7% decline in net gaming revenues in the poker sector compared with Q3 2008 to EUR 17.7 million (Q3 2008: EUR 19.8 million). (PDF File)

Rumours were rife on the German bourse that ubiquitous Austrian internet bookmaker bwin is on the verge of a major fundraising and has plans to acquire 888.Com.

Shares in Ladbrokes climbed 5% in early trading after the company announced that Sly Bailey, Chief Executive Officer of Trinity Mirror plc and Darren Shapland, Chief Financial Officer of Sainsburys had been appointed Non-Executive Directors to the Ladbrokes board with immediate effect.

A strange feature of these probabilities is that they are "scale invariant" and "base invariant."

Early betting on the Betfair Chase sees Irish invader Notre Pere backed to claim the scalp of Kauto Star.

L'Algérie va-t-elle se qualifier pour la Coupe du Monde de football? France's newest prediction market betting website.

Beleagured Anglo Irish Bank moves to sell corporate box at Croke Park.

Spanish gambling industry concern Codere has announced that Q3 2009 EBITDA was ?52.3 million, significantly above the company's guidance range of ?44-?45 million.

The biggest spread betting company in the United Kingdom remains IG Index which dominates the market with 30% market shares. CMC Markets follows with a 9% market share, followed by CityIndex and Capital Spreads with 8% and 6% respectively.

"BETFAIR chief executive Andrew Twaits will accuse the NSW horse-racing authority of colluding with Tabcorp to try to force his company out of business in the state.."

On the impending Court Case that will pitch Betfair and Sportsbet against Racing NSW.

Another poor set of numbers from Cryptologic.

Lottomatica - 2009 Third Quarter YTD Results.

Betfair fails to get disclosure of documents pertaining to the way in which horse racing in News South Wales was administered in 1998 and 2008.

"As was widely rumoured, Ladbrokes has been removed from the MSCI World index...Traders say this will trigger selling equivalent to 4.6 days average trading volume in Ladbrokes."

Churchill Downs Inc has agreed to buy the Youbet horse betting Web site in a deal valued at approximately $126.8 million.Youbet shareholders would get 0.0598 shares of Churchill Downs stock plus 97 cents per share cash. The new venture would dominate the US online betting market.

Paddy Power has updated the market on trading in the 19 week period from 1 July to 10 November 2009. Company says that in UK and Ireland non retail and retail sportsbook amounts staked grew strongly by 24% and 11%.

Ireland's Paddy Power enters into significant partnership with the French PMU.

Niall O'Connor lambasts prediction market industry luminaries as being a "bunch of jokers.".

Small matter of debt sees Ladbrokes' shares continue to slide, reaping benefits for the short sellers.

888 Q3 - Resilence in the face of the storm; but the storm still lingers..

PartyGaming completes acquisition of WPT.

Germany's Bet-at-Home reports a 2% drop in gross profit.

William Hill raises 300m from new bond issuance to pay down debt..

Scandic facing Entraction reports an 18% increase in Operating profit for Q3 2009.

Germany's Jaxx AG isssues a profit warning - Shares end the day down 4% on the Frankfurt Borse.

Scandic facing Betsson says that Q3 revenues rose by 26%. Operating income increased by 17 percent to SEK 79.4 (67.8) million.

Founder of Stanley Leisure, Steinberg. is dead.

The New York Racing Association, Inc. (NYRA) has reached an agreement with Betfair Games Limited to permit common-pool pari-mutuel wagering on its races to Betfair?s global customers.

Spreadex says achieved highest ever monthly betting volumes in October - attributed to new website and activity on the company?s ShortsandLongs.com platform.

The O'Brien trained Jan Vermeer lands the Criterium International at Saint Cloud in good fashion (Video).

Tipp24 weathers the storm better than most recording revenue growth of 62.8%.

BetonSports founder Gary Kaplan has been sentenced by the Eastern Missouri District Court to 51 months in prison and forfeited $43.7 million in the process, having pleaded guilty in August to conspiring to violate the Racketeer Influenced and Corrupt Organizations Act.

Corey Brown lands the 2009 Melbourne Cup on Shocking.

"Racing Forum members debate happenings at the Racing Post.

"Racing Post' owner goes unlimited in spite of slump".

Shares in M-Betting specialist Probability fall 8% after company announces that it is unlikely to see profitability until 2011..

The United States District Attorney for the Southern District of New York has announced that they have reached a non-prosecution agreement, or an NPA, with Optimal Group, Inc, requiring the forfeiture of $19.2 million dollars.

Unibet joins the long line of online betting companies that are reporting tighter margins.

A not unexpected profit warning from 32 Red Plc.

Aussies spend more on gambling than petrol, bills, internet.

Betfair Australasia Pty Ltd, the holding company for online betting exchange Betfair, has recorded a net loss of around A$11.8 million for the year to the end of April 2009.

Shares in Webis Holdings fall back 20% after latest trading statement cites lower overall margins than anticipated..

Betfair is voted No 3 in The SAI 50+: World's Most Valuable Internet Startups. But why does a Betfair insider feel the need to come onto the site to push the company's recent financial results?

Short sellers smell blood as Ladbrokes shares dive 14% post rights issue.

Watercooler Inc. Announces $5.5 Million Series B Funding Led by Strategic Corporate Investor Betfair.

France's Groupe Partouche finally reaches deal with its banks over debt.

Le point sur les jeux en ligne.

Unexpectedly bad news for the UK economy and the betting industry following the news that the deepest recession in a generation is not yet over.

Platech's Gross Income for Q3 rose by 12% to ?31.9 million, (Q3/08: ?28.4 million) but declined 4% from ?33.1 million in Q2/09. Company said Q3/09 results impacted by reduced margins at William Hill Online, with share of income of ?4.2 million, compared with a contribution of ?5.3 million in Q2/09.

.The Breeders? Cup and Betfair Group Ltd have reached an agreement permitting common-pool wagering on this year?s World Championships Nov. 6-7 during the Oak Tree at Santa Anita Park meet. For the first time bets placed by Betfair customers will be commingled into Breeders? Cup pools.

Betfair has announced a deal with television network, SKY Racing, to stream Victoria?s Spring Racing Carnival live online to Betfair?s 1.4 million UK and Irish customers; including the Caulfield Cup, the Cox Plate, three days of the Melbourne Cup Carnival at Flemington and the Sandown Classic.

Lottomatica Group propone aumento di capitale fino a massimi ? 350 milioni al servizio di un mandatory exchangeable bond.

Les paris en ligne ne seront pas rentables de suite.

Jeux en ligne: Orange s'alliera à BetClic, Bwin ou FDJ.

Tabcorps challenging conditions ahead.

Calling America's bluff on internet gambling.

Fixed Odds Betting Machines are labelled the "heroin of gambling." (What are the odds that the Tories will outlaw them form bookmakers shops?) .

PartyGaming shares fall 10% on back of announcement that come of the company's founders Anurag Dikshit will sell up to 75 million shares in the company through his Crystal Ventures Ltd. vehicle..

Google removes alleged £1m search engine 'penalty' on gambling site.

William Hill PLC has announced its interim management statement for the 13 weeks (Q3) and 39 weeks (year-to-date or YTD) ended 29 September 2009. Group net revenue up 3% year. FOBT's growing at 4% and OTC turnover stronger in Q3. Sportsbook turnover up 40% in Q3. Shares are up 9%.

Yes Mr President is the springer in the Cesarewitch betting market..

Uncertain macroeconomic conditions and sluggish wagering activity across the industry continued in the third quarter, contributing to a significant decline in wagering volumes at CryptoLogic in both casino and poker compared with the previous year.

La cour d'appel de Paris a condamné hier le site Internet Unibet à verser 1,2 million d'euros de dommages et intérêts à la Fédération française de tennis. Unibet has been handed a fine of 1.2 million Euros, with regard to it having infringed the rights of the French Tennis Federation.

Party Gaming has reported Q3 total revenue of $112.7m (2008: $117.7m). Poker revenues remain on a downward slope, coming in at $45.1m compared with $65.0m in Q3 2008. Sports betting revenue was also down compared with Q3 2008 at $4.2m against a 2008 figure of $5.1m. Bingo Up.

Danish plan to scrutinise online betting comes under the European Commission's radar..

Online bookmaker Sportingbet achieves significant PR coup with announcement that the company has elected to make a voluntary payment to the Levy Board, equivalent to 10% of its gross profits on bets taken on British racing from British and European customers, from August of next year.

Leisure & Gaming plc has released unaudited results for the third quarter ended 30 September 2009. In total, the volume for the three months to 30 September 2009 was ?27.0m (2008: ?13.3m), earning net win of ?4.6m (2008: ?3.2m).

France's lower house supports online gaming bill - now moves to Senate.

Ladbrokes' shareholders must pluck up the courage to ask for Chris Bell's head.

Six hedge funds move to short Ladbrokes.

"The Tote's future was suffocated by New Labour greed and incompetence." Greg Wood in the Guardian.

Betfair's Malta growth limited by bandwidth, HR issues..."Network has gone down once a week for the last 10 weeks."

Bookmakers express interest, but sale of UK Tote faces heavy going.

Betfair may exit Tasmania

Tasmanian tax breaks designed to attract online bookmakers a worry (and not just for Betfair)..

Ladbrokes' Bell rule sout notion of acquisitions after a heavily-discounted one-for-two rights issue at 95p a share.

Economic Impact Study: The British Horse Racing Industry.

Now Betfair considers its position in Tasmania.

Ladbrokes rolls out its 275m Right Issue..

It's punters one, Ladbrokes nil as start of football season sees profits fall..

French Government bans betting exchanges from entering the soon to be liberalised French betting market..

The Guardian's Pratley sells the Ladbrokes story as being one of bad debt management; he ignores the impact that the economic downturn has had on the company.

Rank Interactive continued to trade broadly in line with its performance in the first half of the year, with revenue down by 8% during the 14-week period. The performance of meccabingo.com helped to grow gaming revenue by 3% but continued weakness in football win margins contributed to a 37% decline in revenue from sportsbook.

With Ladbrokes announcing that eGaming net revenue for the period from 1 July to 30 September 2009 was down 13 per cent, Bettingmarket.Com basks in its call that online gambling was not recession proof.

How Bettingmarket.com chided the Financial Times for being overly bullish as to the prospects of gambling stocks.

Ladbrokes has announced results for the 3 months ended 30 September 2009. Group net revenue was down 15 per cent. Gross win margin was significantly lower due to poor horseracing margins and an exceptionally low football margin. Group operating profit fell 58 per cent to £22.4m..

Ladbrokes takes the City by surprise with an announcement of a rights issue.

France on the verge of partially liberalising its betting market.

Ladbrokes not planning a bid for 888.

Sportingbet results for the year ended 31st July 2009. Company reports an operating profit after exceptionals of £21.9m.

Shares in so called "recession proof" bookmaker William Hill significantly lag recent London market rally.

Uk football tackles the maths of winning..

Gala Coral to gamble on debt equity deal..

Full Tilt Poker accuwsed of flouting US gambling rules..

Bookies face spectre of profit warnings.

Why have there been so few draws in the Premier League?.

Lack of football draws may see bookmakers issue profit warning.

William Hill on why it moved back offshore.

British Horseracing Authority opens new front in war of words with bookies..

British horseracing is for the first time contributing less than 30 per cent of the betting industry's winnings from all wagers.

Betonsports chief David Carruthers changes guilty plea in the US.

Swedish company Entraction acquires outstanding warrants from the Global Betting Exchange Group.

Profits down at Gaming VC.

Malta as a remote gambling hub - A rather jaundiced view.

State/Local Gambling Revenues Drop by 2.8 Percent Across U.S. ? Largest Decline in at Least Three Decades, New Rockefeller Institute Report Shows.

Turnover and Profit both up at Webis Holdings (BetInternet).

Gambling Commission UK Gambling Industry Statistics 2008/2009.

Lottomatica UK Conference Presentation.

As part of its continuing startegy to position itself ahead of the planned liberalisation of the French betting market, and specifically the introduction of sports betting, the PMU has opened a play for prizes website covering the forthcoming Nat Rugby League Championship at pronosovales.com.

Flexi bets could put Tote and punters on to a winner.

Advertising Standards Authority finds that another Betfair ad is in breach of its code.

Bwin has aquired a majority stake in the Dutch company United Games and accordingly entered into the MMOG games space (Article in German).

A significant blow for Danish gambling monopolist Danske Spil as Court rules that Ladbrokes can run ad with the flyer; "Danske spill med engelsk odds." (Ladbrokes - Danske Spil with English Odds." (Article in Danish)

Rivoluzione nel mondo del gaming: Bwin compra Gioco Gigitale (Article in Italian).

Betfair, the world?s largest and best online betting exchange has signed a two-year sponsorship deal with 2009 Champions League winners FC Barcelona.

France's budget Minister Eric Woerth has said that the European Court of Justice's ruling in "Bwin Liga" justifies the manner in which his country has decided to regulate their betting market.

A 35-year-old unemployed Danish man has been told by the country's Supreme Court to hand over 194,000 kroner he won playing online poker.

Regulatory and cultural barriers remain in Europe's "more liberalised" betting market.

888 signs significant strategic deal with Harrahs.

Absence of Age of Aquarius from St Leger leaves open race at the mercy of Mastery.

European Court of Justice decision strengthens German Online Betting Ban.

The European Court of Justice has passed judgement in the case of "Bwin Liga". The Court ruled that Article 49 EC does not preclude legislation (of a Member State)that prohibits operators such as Bwin International Ltd from offering games of chance via the internet within the territory of that Member State.

UK Gambling Commission Survey Date on participation in remote gambling, to June 2009.

Playtech total revenues for the six months to 30 June was up 9.8% to ?56.7 million, (2008:?51.6 million). Casino revenues rose 2.2% to ?37.6 million. Poker revenues increased by 23.8% to ?17.3 million.Total gross income rose by 29.8% to ?66.9 million.

FT's Lex column on the predicament facing the online poker industry.

The 3rd U.S. Circuit Court of Appeals in Philadelphia rejected arguments from Interactive Media Entertainment & Gaming Association which sought to have the Unlawful Internet Gambling Enforcement Act in 2006 struck down.

Australia's International All Sports has reported a full year net loss from continuing operations of AUD$25.9 million.

Betbull reports Net gaming revenue of EUR 6.0m for the half year down 28.6% compared with EUR 8.4m in HYI 2008.

More bad results for online betting - Revenues down 9% at 32Red PLC.

Parlay Entertainment reports its worst results since the company was floated.

Greek betting company Intralot reports a significant fall in Revenue and EBIDTA as H1 results announced.

Recent results from 888 and PartyGaming serves to undermine commenst by Cameron Cartmell, head of hospitality and leisure at Ernst & Young; "The online gaming industry is likely to do better than other gaming subsectors as it is not solely reliant on the state of the UK economy, it is still going through a growth phase and with consumers saving money by staying at home I believe it will be a winner."

Further evidence that online betting is not recession proof as PartyGaming reports H1 operating profit down 6.5 pct and Net revenue down 21 percent to $201.3 million.

888 has surprised the city by reporting a 43 percent fall in first half profit.

Paddy Power PLC interim results announcement.

Paddy Power on track to meet targets.

Leisure & Gaming results 6 months ended 30 June 2009. Revenus of ?80.6m (2008: ?59.4m), earning net win of ?13.9m (2008: ?11.5m).

PartyGaming agrees to acquire the World Poker Tour (WPT).

Betfair ponders a punt on £1.5bn public listing.

Betfair has emerged as the leading contender to acquire Tote Tasmania.

RacingPost.Com claims to have 5000 paying subscribers (Scroll Down for Article).

NSW Court states that Betfair must provide discovery of documents relating to its profitability.

Alphameric says that it has received an expression of interest from a third party.

Sportech Results - For the six months to 30 June 2009, adjusted profit before tax amounts to £6.9 million (2008: £7.8 million).

Cryptologic records a Net loss of $6.2 million for the second quarter ending June 30, 2009.

European dream is put on hold as both Ladbrokes and William Hill are forced out of the Italian retail betting market.

Plus de trois millions de Français jouent déjà sur Internet à des jeux d'argent et plus de 20 % d'entre eux y consacrent plus de 50 euros par mois.

Du retard pour les jeux d'argent sur Internet.

The Death of Peer Review? Rejecta Mathematica publishes papers that have been rejected from peer-reviewed journals in the mathematical sciences.

Betfair slammed for misleading ad that sung the praises of the Betfair SP.

In a somehwat misguided article Lydia Hislop argues that the UK Government must persuade bookies to stay at home.

betfair moans that UK gambling taxation system puts it at a disadvantage (yawn).

Closure of betting shops inevitable after Ladbrokes' Irish profits collapse.

Stan James looks to open betting shops in crowded Irish retail market.

US States bank on gambling to boost revenue.

How the FT failed its readership through an over willingness to swallow the betting industry's nonsensical spin.

Ladbrokes says that for the year ended 31 December 2008,Eastwood Bookmakers contributed £20.1 million revenue and £7.3 million operating profit to the Group

Ladbrokes says that in H1 Group operating profit(1)(2) fell 25.6% to £98.6 million (H1 2008: £132.6 million).

Beleagured Hills moves offshore again.

William Hill issues profit warning as cracks appear in traditional betting industry model.

PartyGaming has acquired Cashcade Limited for an initial payment of £71.9m in cash with up to a further £24.0m in cash contingent on performance.

Sportingbet takes big Italian Hit and exits country.

Playtech says trading below market expectations - shares are whacked..

Playtech warn on full year; shares fall 29% - broader gambling sector is dragged down.

Trainer Burke is warned off for a year in connection with Betfair laying case..

William Hill Playtech venture update - company speaks of difficult trading conditions.

PartyGaming set to pay 100m for Cashcade the owner of foxybingo.com.

Legal Italian betting market continues to steam ahead.

Dermot Desmond's The Sporting Emporium Ltd accumulated losses at the end of October 2008 stood at ?3.88 million.

Shares in m-betting specialist Probabilty gain, after company announces joint-venure with 888 subsid Dragonfish.

Recalcitrant European governments refuse to open up their betting markets.

Sportech announces launch of social gaming platform.

Betfair has entered into an agreement with Phumelela Gold Enterprises, whereby Betfair's clients can now bet into South African Tote Pools.

Leisure&Gaming Unaudited second quarter results - Profit and Net Win down enters into talks with the US Department of Justice.

Rob Hughes, the chairman of the Levy Board, has called for a boycott of overseas bookmakers who do not pay Levy.

Online Gambling for the Facebook Generation - "U.K.-based Betfair is betting that the U.S. market will be legalized sooner rather than later.."

Payment Processor Files Against U.S. for Return of Seized Online Poker Funds.

Betfair relaunch TVG and roll out US betting strategy.

TRINITAS CAPITAL has sold Betsfortraders.Com TO Betonmarkets.Com.

NetPlay to launch retail offering in conjunction with Stanleybet.

Chandler is hoping to obtain Madrid betting licence.

NetPlay raises 12.8 mln stg and inks 5-yr Playtech deal - Shares up 10%.

Paddy Power's entry into US market moves a step closer?

PartyGaming Trading Statement - Poker Flat

Prediction MArkets versus Betting Markets (Blog Search)

The Australian Jockey Club (AJC) is cutting $4 million in prize money from 30 of its top races in New South Wales, citing the arrival of corporate bookmakers and the online betting exchange Betfair.

Gaming VC announces the acquisition of Latin American facing business Betboo.

WorldSpreads announces 39% increases in turnover.

Greek tax hike on fixed odds games is not good news for monopoly provider Opap.

Furious competition in the online betting market leads William Hill to threaten to move online business offshore.

Shares in Ladbrokes fall further after Credit Suisse put the boot in.

Paddy Power may pay ?140m to buy Sportsbet.

Betonsports' Kaplan to face trail after three more pleade guilty.

India's first play money prediction market.

NOVOMATIC ACQUIRES PUNTOITALBET AND PREPARES THE GROUND FOR ENTERING THE BETTING SECTOR

When it comes to the Italian Online Poker market, Microgame enjoys a significant leadership position.

Italian betting market continues to record significant growth.

Gambling chatrooms protected against defamation claims

EXPERT ANALYSIS AND INSIDER INFORMATION IN HORSERACE BETTING: REGULATING INFORMED MARKET BEHAVIOR

Will Poker bust spark flight or fight?

Webis Holdings (Bet internet) - Trading Statement.

Gala Coral, the private equity-owned gambling group, is facing another wave of regulatory uncertainty..

GAMING giant Gala Coral is trying to raise £200m of fresh funding to help it through a looming cash crunch.

Betfair has raised the stakes in its court battle with Racing NSW, offering to give it 20 per cent of gross revenue, providing that all other wagering operators are charged the same fee.

Playetch and PartyGaming shares rise as investors speculate that seizure of poker winnings by FBI may spell death knell for Us facing poker companies.

Details begin to emerge regarding frozen poker winnings.

Racing NSW chief executive Peter V'Landys said that Betfair wants to pay 60 cents in every $100 wagered while the TAB pays $6.20 for every $100 bet

The European Commission's report into "USA: internet gambling ban and its discriminatory enforcement."

The European Commission has today published its report on US laws on remote gambling and their enforcement against EU companies.

Online Poker players are losers as Fed government seizes their winnings.

The US government has frozen more than $30 million in the accounts of payment processors used by online poker players.

Genting buys a 3.2% stake in MGM Mirage.

Uk gambling sector averts Levy threat.

Total revenue and net income down at Giga Media.

EGBA responds to another European Commission opinion against France.

Bullish Pre-Close Trading statement from IG Group sends shares in the spread betting company up 10%.

Ouverture du marché des jeux: Bruxelles doute encore du projet français

Uk Court upholds RanK Group claim over overpaid VAT.

GTECH Launches G2 - New Brand for Company's New Media and Sports Betting Group

French PMU prepares for introduction of new rule.

How Ireland's so called patriots butchered one of the world's greatest horses

Sportingbet reports robust growth in sports betting, a struggling poker market and a fairly lacklustre casino/games market impacted by recessionary affected recreational spending.

The share price for Australia's Centrebet - a likley target for Sportingbet?

Is Gaming Regulation eventually on the cards for Ireland?

On the future regulation of gambling in Ireland - Report of the Casino Committee (PDF File).

Leisure & Gaming plc AGM Statement - Trading in line with expectations. Company does not mention troubles with its software supplier Microgame which could see it being kicked out of Italy.

Centrebet expands fixed-odds offering. Company may be take-over target.

Paddy Power has acquired Australian bookmaking company International All Sports.

Shres in Playtech jump 10% after company signs licensing agreement with Betfair.

Betbull consolidated financial statement for the quarter ended 31 March 2009.

Latest accounts show that the Tote made a profit of £8.7m in the year to March 2008, compared with £17m the year before.

Dragonfish Signs Strategic Agreement With Phumelela Gold Enterprises.

98% of bookmakers are guilty of allowing the undergae to bet.

2009 Epsom Derby Analysis - Do not forget Masterofthehorse...

Tipp24 grows its business outside of German market.

OPAP Q1 Results - EBITDA down.

Betfair has responded to insidious attempts to use legislation to protect the Tabs' monoply in the Australian horse race betting market.

Irish Tote customers are now able to bet into French PMU pools.

Nick Mordin says that Black Bear Island is going to be very hard to beat in the Epsom Derby.

You Bet: The Betfair Story and How Two Men Changed the World of Gambling (Paperback).

Bettingmarket.Com's weekly industry wrap..

Ladbrokes shares fall 7% after the company announces a surprise drop in profits..

Delaware legalises sports betting at it racinos.

Steve Taplin's definitive guide to the 2009 crop of Two Year Olds trained in the UK has been published.

IAS has entered into a binding agreement to sell its international Canbet businesses to Yin Khing Investments.

Playtech Q1 KPIs.

McCreevy threatens Dutch over their blatant Betfair bias.

Martin and Mulvaney to pursue action against Betfair forumite.

Court Rules that E-Commerce Directive Applies to Chatroom Activities of a Betting Company.

Frank introduces legislation designed to legalise gambling in the US.

Betfair complains to EU over treatment dy Dutch authorities.

Cryptologic earnings call transcript.

Another nail in the coffin of the over-hyped prediction markets.

888 Q1's 2009 - Total Operating Income US$57 million (Q4 2008: US$60 million), a decrease of 4% and a 2% decrease on a daily average basis primarily as a result of a disappointing B2C performance in March.

Incumbents gear up for legalised gambling in US as NBC launces its own online poker room.

Further questioning as to whether the Racing Post really is the punter's friend.

Irish Horse Racing is forced to face upto economic reality.

I Want Revenge, Pioneer of the Nile and Chocolate Candy are dual qualifiers in the 2009 Kentucky Derby.

Overseas betting operators who advertise in the UK to face new regulations.

William Hill shares up 8% on the back of a strong interim management statement.

Asian Logic report a 12m dollar loss for the full year. Shares fall to an all time low.

Tote Tasmania launches new sports betting business.

Betfair acknowledges that it aspires towards the creation of a global betting exchange.

Betex enters into dispute with Dr Hon and withdraws his title, after he sells 11m of the company's shares.

Betfair and Crypto in slot game deal.

What are the odds on the current outbreak of Swine Fever turning into a global pandemic. HubDub market says 33%.

Olswang on Fixed Odds Betting Terminal.

Olswang on the prospects for the horse racing Levy.

Olswang - Further progress in liberalising the gambling sector in Europe.

Leisure & Gaming preliminary results to year end 2008.

Denmark announces plans to end State Gambling Monopoly.

Greg Wood highlights the significant failure on the part of the Epsom Executive to market the world's greatest horse race.

World's leading casino analyst leaves Deutsche Bank to set up his own independent boutique firm.

Another small online bookmaker bites the dust - Pagebet puts its online betting site into administration.

Will betfair become a big player in the US market?

South African authorities set to regulate online gambling.

Leisure & Gaming plc has reported Gross profit up 33% to ?2.8m (2008: ?2.1m).

Shares in M-Betting specialist Probability rise 14% on back of MFuse deal.

Recession bites as exhibitors decide to stay away from betting show.

German sports betting market is legal says German Court.

Rather jaundiced Guardian article talks up online gambling companies, whilst ignoring deteriorating market conditions and continuing ban from the US market.

PartyGaming First Quarter Key Performance Indicators reveal a drop in revenue across the board. Poker revenue notably hammered.

PartyGaming has entered into a non-prosecution agreement with US authorities.

I Want Revenge jumps to head of Kentucky Derby market after remarkable victory in the Wood Memorial

To Put it simply, betbull posts another loss....

PartyGaming to launch online poker service in Italy for Intralot.

Cryptologic signs casino deal with Gala Coral.

Mon Mome's victory in the Grand National sees 3% added to Ladbrokes and William Hills' share price.

Mon Mome wins Grand National at 100/1. Betfair Sp's versus Traditional Industry Sp's.

Swedish government is attacked over plans to block access to foreign gambling websites.

David Carruthers, former CEO of Betonsports, pleaded guilty this morning in federal court in St. Louis to racketeering conspiracy and admitted helping to run an illegal betting operation.

Intralot reports a 55% fall in net profit to ?50.1m.

888 Final Results - "the broader economic climate remains challenging and overall revenue in Q1 is expected to be slightly lower than Q4".

888 beats forecasts and signs online gaming deal with the Racing Post.

Debt issues remain a serious concern for US based casinos.

Lame duck European Commission says that US gammbling laws breach WTO rules.

Time to wager on YouBet?

Webis Holdings (Bet Internet)trading update in relation to the Company's performance for the 3rd quarter of its current financial year ending 31 May 2009.

Shares in German betting market facing Jazz AG are hit after company announces an IFRS consolidated loss of EUR 16.9 million for the past financial year of 2008.

Shares in William Hill down 29% after rights issue at 105p per share.

Sportech Final Results. Gross win revenue increased by 20% to £71.8m (2007: £59.6m). Adjusted profit before tax* increased by 39% to £16.8m (2007: £12.1m).

GTECH scoops 55om US Lottery win.

An email exchange between the Racing Post's head of news, Tony Smurthwaite, and Victor Chandler's head of PR revealed that the paper had taken delivery of "12 bottles of fantastic French wine". "It has made a lot of people very happy - and it hasn't been drunk yet," Smurthwaite allegedly said.

The Racing Post's most senior journalist has fired a blistering salvo as he quits the paper after 23 years, claiming it has become little more than a "cheerleading tip sheet" whose agenda is being dictated by bookmakers.

AsianLogic has issued a profits warning. Shares which were floated on the London AIM market on Friday 28 December 2007 at 111.62p are now trading at 14.5p.

Playtech has announced full year results for the year ended 31 December 2008. Total revenues were up by 70% to ?111.5 million. Casino revenues up by 68% to ?79.4 million. Poker revenues up by 73% to ?30.1 million. Adjusted net profit up 79% to ?78.6 million.

Recent Stock Market meltdown refutes 'efficient markets' theory.

Cryptologic Revenue of $61.5 million (2007: $73.7 million) and Net loss of $32.7 million (2007: net profit of $5.5 million).

The Ted Walsh trained Southern Vic joins State of Play and My Will in the bettingmarket.com Grand National Portfolio..

Opap announces 12-month Net Profit up 19.6% to ?728.5m - with growth mainly driven by Kino.

John Hales threatens to sue the Racing Post after it accused him of a "graceless, petulant and unforgiveably unsporting display".

The notion of a single European betting market has been rejected by European MEPs.

Betfair becomes first major bookmaker to cut back in advertising in the Racing Post, citing decline in circulation and downturn in website hits.

PartyGaming raises hope that US may legalise online gambling.

PartyGaming reports final year results - Poker revenue down 7%.

Tough comparatives send IG Group shares crashing 27%.

32 Red - Preliminary results for the year ended 31st December 2008 - Net gaming wins (000's) up 30.1% to £11,704 (2007: £8,996).

Chris Masse exposes the persons behind the nasty attack on his character, reputation and life.

Investment and the crisis - an error-laden machine..

Earnings forecasts point to the Dow Jones index falling to 5000.

Bookmakers may be forced to hand over a proportion of their turnover on sporting events to the sports organising bodies.

Paddy Power and Boylesports threaten to leave Ireland after government announces plans to tax telephone betting.

A Neural Network Approach to Predicting Stock Exchange Movements using External Factors. Niall O?Connor and Michael G. Madden.

Lottomatica has announced full year 2008 results - Full year 2008 revenues up 24% to ?2.06 billion, 17% organic growth over 2007.

Following its recent acquisition of Expekt Mangas Gaming has announced that it has signed an agreement to acquire a controlling stake in bet-at-home.com AG.

Largest Horse Race Track owner in the US files for protection.

New French gambling plan seeks to stem illegal betting.

William Hill takes a hit in both Italy and Spain.

Sportingbet unaudited results for the second quarter ended January 2009..Operating profit* up by 35% to £10.1m.

Owners of Gala Coral admit that their investment in the gaming business and bookmaker is now worthless.

Now Sportsbet takes a stake in International All Sports after Centrebet's bid for the company is foiled by the competition authorities.

The question as to who is/are Ladbrokes' venerable "High Rolers" is finally revealed by the self declared city spy Slack Belly.

Now Alpha Advantage Fund reveals a short position in UK bookmaker William Hill.

Clients of City Index were unable to cover 34m of losses as markets went into freefall.

Power reports online operating profit growth of 34% to ?42.8m, with online generating over 70% of Group operating profit in the second half of 2008;

Severe economic downturn In Ireland will see up to 45% less punters travelling to Cheltenham Festival than usual.

"there are constant rumours in the industry that (the Racing Post's) banking covenants may be about to be strained (denied by FL Partners)..

Odey Asset Management LLP, were less than impressed with Wiliam Hill's admission that it had not been possible for it to refinance the Group?s Existing Bank Facilities in full in the bank market, opening a short position in the company. .

William Hill on the question of its refinancing and rights issue.

Citigroup bailout failed to deal with Toxic Assets at the heart of the problem..

Odds on a full scae global recession shorten up.

UK Treasury takes huge gamble on CDOs.

Bill Gross, the $747 billion bond man, has declared the death of equities.

William Hill achieved a robust trading performance in 2008, with Group gross win of £1,022.5m, net revenue of £963.7m and operating profit of £278.6m. Gross win and net revenue were 6% higher on a 52-week comparison with 2007. Scraps dividend and cash call.

Rank Full Year Profits decline - outlook remains uncertain (Profits up at Blue Square).

2009 Cheltenham Festival Betting Market Ante-Post Selections. For arbitrage purposes only.

Self styled market maker for betting exchanges Betting Promotion reports a fall in turnover..

Asian Logic shares are battered (down another 21% today) in wake of profit warning.

Swedish facing Entraction reports increase in turnover of 48% - with operating profit amounting to SEK 40.1 M ...

The sage of Halifax quits under a cloud, as Timeform rebrands and goes for the beleagured Racing Post's juglar.

CryptoLogic discloses letter to ex-CEO concerning EGM request.

Betbull becomes latest small company to exit the betting exchange space. Company terminates its white label deal with Global Betting Exchange (Betdaq).

Jockey Urbina to be charged in latest horse race corruption case; involving the laying of horses on betting exchanges..

Spurious claims by prediction markets over Oscar results are shown up to be what they are - bollocks.

Magna - US' largest operator of racecourses faces bankruptcy.

US newspapers fight for survival by declaring themselves bankrupt..

McCreevy, the man who was going to free up online gambling in Europe has allegedly lost control of his portfolio as head of internal market and services.

EU tells Italy it must comply with horse race ruling.

Asian Logic issues profit warning - shares dive. Hold the Asian dream.

The spectacular fall from grace of Ireland's Anglo Irish Bank.

William Hill bets on £350m cash call - announcement to accompany results on Friday.

Black Apalachi is cut to Grand National favourite after 17l Fairyhouse romp.

Legal noose tightens around Bodog's neck as Judge orders forfeiture of $10 million of company's money.

EU asks Greece to explain the awarding of contract to Opap.

Eileen Gallagher makes her first move towards taking over Scottish Television with 100p a share bid for Shed Media.

Ladbrokes Results - During 2008 Group gross win, excluding High Rollers, increasing by 11.1% and Group operating profit, excluding Higher Rollers was up 0.9% - slightly ahead of market expectations.

Now belagured Irish leader is embroiled in row over change in policy regarding the taxation of Contracts for Differences (CFDs).

Scandic facing Unibet reports full year results and sees a fall in profit after tax. (PDF File)

Unibet - ÄNNU EN STARK SPELRAPPORT MED VIKTIGA B... (Unibet Results In Swedish)

The starting price man and Paddy Power - murky links revealed.

Tradefair's white label partner London Capital Group says revenue up 57% to £29.6 million and operating profit up 32 % to £11.1 (2007:£8.4 million).

Debt burden weighs heavily on Gala Coral as insurance burden is cut.

First Madoff, now Standford - giving grist to Buffet's quote that "It's only when the tide goes out that you get to see who's been swimming with their trunks off."

So lOng, Hedge Funds - Tiger 21?s founder Michael Sonnenfeldt said: "Our members feel they have been played for a fool by hedge fund managers."

ICAP chief Michael Spencer takes £7m hit on TurfTrax.

TurfTrax shares are suspended pending clarification of financial position - .

Stanley's Greek betting shop is told to close its doors again..

Betsson delivers strong set of full year results.

Following on from a vote on the integrity of online gambling...Europe's MEPs remain divided.

The net close sin on Finland's protectionist online gamblimg policy..

Persons unknown jailed in China's biggest online betting bust.

Timeform throws down the gauntlet to the Racing Post with a new free horse racing service.

International All Sports - Half Yearly Report and Accounts.

La cour d'Appel de Versailles, when considering a case against Unibet, has asked to see the European Court of Justice's recent ruling against France and its gambling law..

Net Entertainment Revenues for the full year increased by 56% to SEK 204.6 (131.1) million. Operating profit increased by 74 % to SEK 87.8 (50.6) million. Operating margin was 42.7% (38.3). Profit for the year increased by 74% to SEK 80.0 (45.9) million.

Greek Court refers Opap to the European Court of Justice.

Financial Times article on the online betting market.

Lottomatica seaks to benefit from more liberalised Italian betting market.

PartyGaming suffer significant fall in revenue in Q4 - no wonder the boss left?

Bwin preliminary financial firgures for 2008 - Record gross gaming revenues: up 15.1% to EUR 117.7 million (Q4 2007: EUR 102.2 million) .

Tories are caught up in slot machine row.

Barney Frank aims to free up online gambling....

Shares in Webis Holdings (formerly BetInternet) surge over 100% after company reports an operating profit of £256k (2007: £44k operating loss) for the six months ended 30 November 2008.

888 Q4 2008 - Total Operating Income US$60 million (Q4 2007: US$65 million) a decline of 8% compared with Q4 2007.

Nevada Super Bowl Gambling Falls to Five-Year Low .

South Africa's binary options exchange - JustTrade.Com.

Sona Mobile Launches its 2nd US M-Betting Application with New Jersey Sports and Exposition Authority.

Remote gambling participation in the UK (PDF).

Leisure & Gaming plc - Unaudited results for the fourth quarter ended 31 December 2008.

Racing Post duo are facing big loss on their initial investment in Ulster Television..

Centrebet takes a bet on IAS.

London Capital Group extends breadth and scale through white label spread betting deal with Saxo Bank.

Australia's Beasley looks like being struck off for taking "secret" bets.

Shares in Ireland's Paddy Power down 8pc after Merrion Capital analyst cuts its rating.

Betfair moves towards the development of a global horse racing betting hub, centred around betting exchange technology.

Tabcorp to raise A$300 mln, cuts dividend

BetBull relocates to Austria

Betfair, the British online betting exchange, has purchased Television Games Network, the US's largest horse race account-wagering company for $50 million. .

Sportingbet issues Turkey Update - "Turkeys alive and well and looking forward to XMas".

Sportech trading statement to year end December 2008.

London Capital Group - the engine behind Betfair's Tradefair and PaddyPower Trader, reports that trading for the year ended 31 December 2008 is ahead of management expectations. Will also increase dividend payment.

Ladbrokes seeks Victoria betting licence.

2001 was record year for the Italian betting market.

Probability offers its first person-to-person m-betting service.

Playtech Q4 2008 Key Performance Indicators.

Czech betting company Sazka rolls out its new online betting website Sazkatip.

Shock for PartyGaming shareholders as company announces that John OMalia has quit..

32Red PLC Trading Update - total gaming revenues of £13.0m, an increase of 27% on 2008.

BetFred to open its 800th branch in the Spring - hopes for 1000 shops within three years.

IG Group Interim Results - Turnover up 47% at £126.5 million. EBITDA1 up 24% at £60.3 million. Adjusted profit before tax was £58.2m, up 21%.

Victor Chandler launches his financial betting website with 500 pounds cash back offer.

Slot machine firm announces bumper year

German horse racing/betting channel e8 television has launched a free-to-air service on Astra (19.2° East). The accompanying website www.equi8.de also offers a live-stream of horse races from Germany, the UK, Sweden, South Africa, the USA and Dubai..

Meet Victor Chandler (again). The Guardian profiles the man who revolutionised (yawn) betting.

Cryptologic says to cut costs by $13m.

Stanleybet's Greek betting shops are allowed to reopen following Court Judgement...

Ireland's Anglo Irish Bank is nationalised...

William Hill expects total gross win to have increased by 6% on a 52-week comparison with 2007 and earnings before interest, tax and exceptional items to be around £275m(1).

Stanleybet continues to seek end to Greek betting ban...

HubDub manages to raise some new money, but will it be enough for the company to see out 2009?

Revenues are down at M-Betting specialist Probability - company signs a deal with Hasbro.

Shares in bookmaker Paddy Power fell sharply yesterday in response to figures showing that the Irish horseracing industry shrank in 2008 for the first time in 15 years.. with on-course betting falling 18.2pc in 2008.

The principal behind the Strategy News Service, Mark Anderson, threatens Nigel Eccles of HubDub with libel lawsuit, over article which highlights his dud predictions.

Players Network Partners With National League of Poker to Create Private Branded Online Poker Site.

Greek Intralot may team up with Turkey's Koc to jointly bid for state Turkish lottery Milli Piyanco.

Bets are off for Macau gambling boom.

Australian Clubs want net gamblers to play by rules for pokies.

Australian bookmaking pioneer Terry Lillis has sold his betting firm CentreRacing to gaming giant Tatts Group.

Taiwan's parliament has voted to legalise gambling on outlying islands.

El Partido Popular solicita que se regulen urgentemente los juegos y las apuestas por Internet.

No one in charge as tracks gamble with TV coverage.

Gambling could ruin cricket says Tim Costello.

Google set to further relax its policy on UK gambling ads.

Victoria to set up Betfair-style bet exchanges - Betfair says will not apply for licence.

Horse Racing's future coverage on UK television is threatened by self-satisfied attitude.

IG bucks downward trend with global expansion.

SVL wins big - Profit up 59% despite loss on gaming lounges.

Lee and Moretti join long list of critics, who state that so called prediction markets are followers, not leaders.

UK Gambling Firms are forced to play levy to fund treatement for problem gamblers.

Recession brings promise of change for the Irish bettor..

Irish Tote reports an alarming drop in turnover over the key Xmas period..

Willie Mullins stable achieve 35% strike rate over the Xmas Period (26 December to 4 January).

Leading Psychiatrist says that fruit machines could start a life-long addiction.

Stakes double as UK gaming laws are relaxed.

Lottomatica seeking to capitalise on Italy's burgeoning gambling habit.

Former mafia man warns of risks associated with gambling and tennis.

Terror networks are using gambling websites for money laundering purposes.

Casualties of UK recession are trying to gamble their way out of trouble.

The £5billion debt nightmare of the UK's homegrown problem gamblers

Taking Victoria Racing to the world ...

Credit crunch means UK government's casino plans lie in tatters..

Czech betting firms are finally allowed to introduce online betting.

Rank Group Results - Growth slows at Blue Square.

World Spreads Group to offer financial spread betting services to Victor Chandler.

PartyGaming responds to Dikshit in settlement with Department of Justice rumours. Shares rise.

NetPlay launches dedicaqted Freeview channel.

Sweden's gambling industry and the long road to liberalisation.

Snai increases its share of the Italian betting market to 38.4%.

Italian fixed odds sports betting market, sets a new record with revenue of approximately ?477.5 million in November 2008.

Italian online betting market revenue forecast to reach ?1.1 BILLION by end of 2008.

Milano Finanza takes a look at the Italian betting market.

European online lottery market said to be valued at $3.1bn.

Betdaq owner Dermot Desmond builds his stake in Neovia (formerly Neteller) to 25.6%.

Record turnover is reported in the Italian Betting Market - with Snai maintaining position as market leader.

Pressure mounts on Gala Coral as debt rises to £4.4bn