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GAMBLING NEWS : The Latest Online Gambling Industry News Provided By InfoPowa News
Welcome to Bet Sage's Online Gambling News Section, featuring the latest breaking gambling industry news courtesy of InfoPowa News. This is your one stop source for all and any of the latest developments concerning all aspects of the Online Gambling Industry. InfoPowa News headed up by senior partner Brian Cullingworth are recognised as one of the leading and most respected independent gambling news services in the online gambling industry.
 
15 OCTOBER 2007 : HEADLINES Add to My Yahoo! Add BetSage Gambling News Headlines to My MSN Add to Google BetSage Gambling News - RSS Feed  
 

Confirming rumours that have been swirling for the past three weeks, L&G looks elsewhere
Leisure & Gaming plc, the online betting and gaming group has terminated takeover discussions with CGTV Games Ltd with immediate effect, the firm has announced to the London market.

Originally Canadian-based, CGTV was reportedly interested in acquiring L&G (see previous InfoPowa report), a prospect that surprised many observers given the rumours concerning the software company which have been swirling around the industry for the past three weeks. GCTV acquired the troubled Gambling Federation group last year.  more...
   

Cantor Gaming provides the power
Cantor Gaming staffers at the recent EiG Expo in Barcelona hinted at a major online casino launch for a UK company in the near future (see previous InfoPowa report) and they were good as their word - Pub-casino.co.uk went operational this week, owned by the giant British pub and entertainment group Punch Taverns.  more...
   
14 OCTOBER 2007 : HEADLINES Add to My Yahoo! Add BetSage Gambling News Headlines to My MSN Add to Google BetSage Gambling News - RSS Feed  
 

American foreign relations and trade credibility at stake
Expert panelists at a trade forum this week leveled harsh criticism at the US, focusing on a trade clash between the US and Europe over Internet gaming. The panel believes that the US could be liable for up to $US 100 billion in trade concessions to international industries as the issue heads toward a World Trade Organisation arbitration.  more...
   

Despite all the pre-auction hype, domain bids fail to meet reserve price
With experts, auctioneers and analysts alike speculating on a new record price for an auctioned domain, there was keen interest in the offers on WallStreet.com when it went up for sale this week (see previous InfoPowa reports)

But disappointingly the highest bid that auction house Monicker.com received for the domain - once an online casino - was only $3 million, which failed to meet the reserve price range of $4-$5 million. The asset was last sold for around $2.3 million, it is believed.  more...
   
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In their first clash in court, neither side gets what it wants
Bodog Entertainment Group, S.A. and 1st Technologies LLC lawyers had their first clash before a Nevada judge this week in their now 7 week old dispute over alleged patent infringments, which led to Bodog being deprived of its domains and whacked with a $49 million default judgement (see previous InfoPowa reports).  more...
   

Harvard takes a cerebral look at a great game.
Poker aces like Howard Lederer and Crandell Addington will be sharing their thoughts with some intellectual powerhouses this week at Harvard University's newly formed Global Poker Strategic Thinking Society (GPSTS) panel.

On the table: How poker skills translate into life skills, the first in a series of several such explorations planned by the Society. Also on the agenda is an examination of the World Trade Organisation dispute on Internet gambling and its consequences for the United States in a financial, commercial and global reputation sense.  more...
   

Danbook, Europlay Malta and VIX Casino take CasinoModule on board
Hard on the heels of last week's announcement that UK online gambling group BestGames had signed up for its CasinoModule product (see previous InfoPowa report), Swedish turnkey provider Net Entertainment has announced that three more licensees have signed on.

The company's new partners are Danbook, Europlay Malta and VIX Casino, and bring the number of license agreements signed by Net Entertainment this year to 13.  more...
   
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Quite a lot, if it's Wall Street.com....
Once an online gambling domain name, "Wallstreet.com" could raise millions for its present owners if an upcoming auction is successful, reports the Financial Times.

Experts told the UK newspaper this week that the domain could raise as much as $10 million - well up from it's previous record price back in 1999 of $1 million. While Wall Street.com was a stand-alone online gambling venture, the site never quite made the impact that was widely anticipated upon its purchase.  more...
   

Carmen Media's latest venue seems to have the right mix
Less than two months after opening its doors to German online casino players, Carmen Media's new 49c Jackpot City Online Casino is apparently wooing thousands of players with state of the art flash technology, extensive games and high rewards for very low risks.

The new 49c Jackpot City Online Casino is online gaming group Carmen Media's latest Internet gaming innovation. It offers players significant jackpots in return for bets ranging from a mere 1 cent to a maximum Euro 0,49. And the new maximum stake enables 49jackpotcity.de to be legally advertised in Germany.  more...
   
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