Gambling News

2 March 2007
Calvin Ayre was looking for a sunny beach front paradise to move his ever expanding Bodog Nation and he found the perfect fit in Antigua. Back in 2002 as I was driven in a black Hummer through the mountain road up above the Costa Rican town of Santa Ana, Calvin told me the story of how he just…
26 February 2007
Attracting wide New Zealand media comment over the weekend was the news that the New Zealand Green political party wants a new online gambling site shut down because it "threatens the viability of the racing industry." Green Party member of parliament Sue Bradford is at the heart of the row,…
17 February 2007
Another payment option closes its doors to online gambling. Canadian online gamblers who use the FirePay e-wallet will be scrambling to mobilise their funds following a surprise notification from the company just before the weekend. The online payments processor has now extended its ban on US…
16 February 2007
Gambling software producer CryptoLogic Inc. said yesterday its fourth-quarter profit dropped 70.6 per cent to $1.7 million (U.S.) in its first financial performance report since the U.S. government declared a ban on online gambling. For the ended Dec. 31, the company's earnings were equivalent to…
1 February 2007
Asian gambling stocks, industry laggards last year, are setting records as investors bet on new casino projects in Macao and Singapore. Shares of Malaysia's Genting, the builder of Singapore's second casino, and Australia's Aristocrat Leisure, the world's second-largest slot-machine maker, are each…
31 January 2007
The U.S. Justice Department last week demanded information from some of the world's biggest investment banks as part of the probe into online gambling companies such as Britain's PartyGaming. The move was the latest in a U.S. crackdown on online gaming, which began with the arrest of BETonSPORTS'…
31 January 2007
"In order to protect, I'd say, their own business, their industry there, they have de facto prevented foreigners from online betting into the United States", McCreevy said at the European Parliament in Brussels. To journalists afterward he labeled it "a protectionist measure". The Bloombergs…
30 January 2007
The Israeli business publication Globes Online says that an important legal ruling handed down this week by an Israeli judge could have consequences for foreign gambling companies based outside Israel. Israeli Judge Abraham Heiman said that online gambling sites may not hide behind the fact that…
26 January 2007
Clarion ATE, producers of the popular European Gambling Briefing (EGB) conference, yesterday launched a pioneering online blog, Gambling Law Debate, offering players and industry professionals a one-stop-shop to access up-to-date information on current regulatory issues relating to the gambling…
5 January 2007
A professor of mathematics and chairman of the Scottish Mathematical Council believes that introducing simple gambling games that use dice and playing cards could increase Scottish student's mathematical comprehension and probability skills. Alastair Gillepsie, the professor that works at the…