- 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.
- 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
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