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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 are recognised as one of the leading independent gambling news services in the online gambling industry. 
 
27 JULY 2007 : HEADLINES Add to My Yahoo! Add BetSage Gambling News Headlines to My MSN Add to Google BetSage Gambling News - RSS Feed BetSage Gambling News - News Now  
 

e-Wallet readmitted to AIM, but first quarter results are dismal
Embattled e-wallet Neteller reentered the London AIM today (Wednesday) immediately before the market closed, only to drop 65 percent in value after posting a pre-tax loss of $14 million for the first three months of 2007. The company's shares have been suspended since January 16.

When the market closed Wednesday Neteller stock had fallen 113p from its pre-suspension price of 176p to 63p, and the company was valued at around GBP 75 million.  more...
   

2006 Neteller numbers show how badly US troubles impacted the e-wallet
Whilst the weak Neteller Quarter 1 2007 numbers was the focus of attention of most analysts yesterday (Wednesday), it was the year prior to the clash with the US authorities that best served to illustrate how successful the company was before its US troubles began with the arrest of founders Lawrence and Lefebvre in the US in January this year.  more...
   

World Trade Organisation approached on $3.4 billion commercial sanctions
Antigua and Barbuda took the next step in its dispute over online gambling with the United States this week when it approached the World Trade Organisation in Geneva for the right to authorise up to $3.4 billion in commercial sanctions against its opponent on grounds that the US has failed to comply with an earlier and final WTO ruling on the issue.  more...
   
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Controversial MailBingo operations suspended whilst revamp undertaken
Daily Mail publisher Associated Newspapers in the UK has moved quickly following reports last week in The Observer that despite the Mail's moralising on UK gambling issues, it was running a bingo site that did not carry acceptable problem gambling advice (see previous InfoPowa reports)

In a follow up story this week, The Observer reports that Associated Newspapers has blocked access to controversial website Mailbingo.com after campaigners raised concerns about the type of games available on the site.  more...
   

Congressman Wexler and his quest to legalise online poker
The online poker news and information portal Poker News this week carried an interesting interview with Florida Democrat and Congressman Robert Wexler, who is one of four US politicians who have introduced seperate legislative proposals seeking to ameliorate the effects of the prohibitionary Unlawful Internet Gambling Enforcement Act.  more...
   

Politician reaffirms that voters' emails have impact
In the second part of his interview over the weekend with the online poker information portal Poker News, Florida Congressman Robert Wexler stressed the importance in the US political system of voters' views on issues that concerned them.

Commenting that there are thousands of poker players in every Congressional district in America, the Congressman said: "If people who are interested and enjoy playing poker, if one one-hundredth of those people take a small amount of time to contact in one way or another their member of Congress and say, "Hey, Mr. or Mrs. Member of Congress, why in God's name would you vote to prohibit me, a adult, to choose to play whatever game I want to play on the Internet?"  more...
   
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Support for Congressman Frank's bid to regulate online gambling in the USA grows
July has been a good month for Congressman Barney Frank, Chairman of the influential House Financial Services Committee and author of Bill HR 2046 the Internet Gambling Regulation and Enforcement Act which proposes the regulation and taxation of Internet gambling in the United States instead of banning the pastime.  more...
   

Party Poker's inaugural Women's World Open imminent
The first televised Party Poker.com $3 000 buy-in Women's World Open poker tournament is imminent, starting in London on August 7 and running through to August 10, with 36 top women players vying for a prizepool worth $108 000, with a $50 000 main prize.

American competitors flying in from the United States include Jennifer Tilly, Liz Lieu and Shannon Elizabeth.  more...
   

A million members the target for online poker pressure group
With a claimed 500 percent increase in membership since the beginning of 2007, the Poker Players' Alliance pressure group for the legalisation of online poker and gambling in the United States appears to be reaching the sort of critical mass that motivates politicians to sit up and take notice.

And the organisation isn't stopping there, according to chairman and former US senator Alfonse D'Amato - the present target is a million voices for the legalisation of one of America's great traditional pastimes.  more...
   
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Italy one of the most promising markets says MECN
Following a recent study, Research and Markets has published a report entitled "The Italian Gambling Market - A Forerunner in the Liberalisation of European Gambling Markets" which describes the region as one of the most promising around from both online and land perspectives.

The speed with which the Italians reversed their prohibitionary stand against online gambling to embark on a more liberal and regulatory approach is still a talking point in gambling circles.  more...
   

Online gambling group Betfair has been chosen as the presenter for the inaugural European World Series of Poker
The World Series of Poker action in Vegas may have been centre stage in the media last week, but for UK gambling group Betfair the focus was probably on gearing up for the inaugural European version of the poker epic later this year (see previous InfoPowa reports)

Betfair has been selected as the presenter for the first WSOP outside the boundaries of the United States, and the company has already announced that it will be sponsoring at least 125 players to the $10 000 buy-in main event in London in September.  more...
   

World Series of Poker Europe presented by Betfair.com attracts poker�s elite
Pre-registration for the World Series of Poker Europe presented by Betfair.com has been open for only two weeks and already some of the biggest names in poker have paid the GBP10 000 entry fee to the main event, a company spokesman announced this week.

Phil Hellmuth, Doyle Brunson, Phil Ivey, Erik Seidel, Roland de Wolfe, John Juanda, Allen Cunningham, Todd Brunson, Eli Elezra, Howard Lederer, Humberto Brenes and Jennifer Harman are prominent in a long list of poker�s elite who have already secured their seats.  more...
   
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US $4.75 billion from 26 casinos in Asia's gambling mecca
The Chinese news organisation Xinhua reported last week that the burgeoning Asian gambling centre of Macao is experiencing boom conditions with gaming revenues soaring by 46.1 percent year-on-year in the first six months of 2007.

Statistics issued by the government-run Gaming Inspection and Coordination Bureau showed Wednesday that the gross gaming and betting receipts, comprising casino games, horse and greyhound races and a string of lotteries, stood at 37.97 billion patacas (4.75 billion U.S. dollars) at the end of June.  more...
   

Wild Jack Mobile Casino among the first to get advances in technology
Mobile gambling technology developer Spin3 has released its latest version of the well established GameWire software, v3.1, providing much improved user-interface features and enhanced graphics.

Jackpot Factory group subsidiary Wild Jack Mobile Casino (WJMC) is among the first clients to take the improved technology aboard.  more...
   

Portfolio of multi-table, head-to-head online games to include Gin Rummy, Multiplayer Blackjack and Backgammon.
UK skill games provider GameAccount has signed up the major UK betting and gaming group Gala Coral for its suite of online skill games and network.

The multi-year deal requires GA to furnish a quality portfolio of head-to-head online games including Gin Rummy, Multiplayer Blackjack and Backgammon with multi-tabling capability for head-to-head cash games.  more...
   
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Banks alleged to be clamping down on gaming companies
The Antiguan Sun carried the alarming but as yet unconfirmed news this week that the Unlawful Internet Gambling Enforcement Act, which makes US financial transactions with online gambling companies illegal is already having a knock-on effect on non-US financial institutions.

The article reports that although the specific UIGEA regulations have yet to be promulgated, the effects are already being felt on Antigua and Barbuda�s online gambling industry.  more...
   

Online gambling firm Unibet and Swedish horse racing monopoly clash
The Swedish news publication Travnet reports that Sweden's horse racing monopoly AB Trav och Galopp (ATG) has launched litigation against the Malta licensed Unibet online gambling group on allegations of illegally obtaining information on horse racing from the ATG database.

The ATG accusation is centred on claims that Unibet has been using information from the company's database without permission since 2000, and that despite protests by ATG in 2004 there has been no agreement on the issue.  more...
   

Lawyer points to Svenska Spel and other precedents
In a sequel to our earlier story on AB Trav och Galopp (ATG) launching litigation against the Unibet online gambling group, the Travnet site reports that Unibet lawyers do not seem unduly worried about the lawsuit.

Lawyer Monique Wadsted, who acts as Unibet's legal adviser made the following comment:  more...
   
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US-based Linden Labs cites legal constraints
The creator of the popular virtual world 'Second Life', Linden Labs has decided all in-world casinos and virtual gambling enterprises are to be discontinued - apparently due to legal concerns.

The move will not only disappoint Second Life gamblers who wager with Linden Dollars in the venues, but will curtail the revenues earned by Linden from those owning casino-style islands in the game, the owners of which are apparently some of the top contributors to the Linden Lab coffers through currency fees and land rental.  more...
   

A draw and a win in first two rounds of Alberta University project to pit poker pros against a robot called Polaris
Attracting hundreds of column inches in the mainstream press around the world this week is the unusual University of Alberta project to pit man against its Polaris poker-playing research robot.

So far the results are not exactly conclusive, with Polaris pulling a draw in the first match Monday against poker pros Phil "Unabomber" Laak and his partner Ali Eslami. Although the robot won 7 small bets, anything less than 25 small bets is considered a draw in the "tournament" rules.  more...
   
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Supremacy still undecided after three sessions
With one more 500 hand session to be played, the issue of whether human poker players are better than bots has yet to be decided.

Thus far, three of the four scheduled sessions have been played, with a technical tie called for the first session played Monday afternoon, Polaris winning the second session Monday and Phil Laak and Ali Eslami scoring a win during the Tuesday afternoon session.  more...
   

Laak, Eslami conquer poker playing Polaris bot
The fourth and final session of the man vs machine contest which pitched top poker pros against a research robot ended in Vancouver yesterday with a victory for the humans - but only just.

And Polaris was praised as a tough, hard to beat opponent by both Laak and Eslami.

The first match saw a technical draw where the human team limped in at -$70 after 500 hands of play. This was followed by a convincing win for Polaris in the second match as the robot went into a highly aggressive style of play, but then a third match loss for the robot as the humans came back with a fluctuating conservative-aggressive strategy which gave them a clear $850 win.  more...
   

New Jersey Control Commission gives go-ahead to test electronic poker tables
Following approval to test by the New Jersey Casino Control Commission, 11 Atlantic City casinos may now move ahead with plans to test electronic poker and roulette tables, a controversial initiative that could cut down on the number of human dealers necessary.

"I think it adds a new element to the Atlantic City market," Casino Control Commission Chair Linda M. Kassekert told reporters, "and [it] is particularly important because Pennsylvania and Delaware have them." She was referring to the growing competition from neighbouring states' slot parlors, which have already incorporated electronic blackjack, poker and baccarat tables into their offerings.  more...
   
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Gamcare gears up for new UK Gambling Act requirements
The British problem gambling organisation GameCare is helping online gambling operators to gear up for the September introduction of the UK Gambling Act by providing training services for operator staff involved with problem gambling activities.

GamCare's Andrew Poole is the managing director of GamCare Trade Services (GTS) which has been formed to offer specialised training in preparation for the social responsibility requirements of the Act.  more...
   

Flash games augmented by full suite
The online casino arm of Gibraltar-based Global International Sports Betting Limited, Globet Casino.com, is to add gambling software developer Microgaming�s Viper download online casino platform to its offering, the company announced this week.

The announcement follows Globet�s switch to Microgaming�s Flash casino software last year, which has proved particularly successful in Italy and in the casino�s betting shops. a spokesman said.  more...
   

Legal action could be the next step after 24 August deadline
The European Commission is taking a tougher stance on the French refusal to open its online gambling to companies from other EU states, it appears.

Ton Van Lierop, a spokesman for the European Union revealed that the European Commission last week urged the French Government to modify its draft law on online gambling that obliges internet service providers (ISPs) to warn customers against the use of foreign online gambling sites.  more...
   
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Latest games package includes two exclusives
Turnkey provider and online gambling software developer Playtech has added four new games to its casino games inventory.

The latest games release includes two offerings that are exclusive to Playtech table games: 21 Duel Blackjack and Wild Viking. These are apparently the first in a line of exclusive games licensed from the 5th Element company.  more...
   

Revenues up following Tribeca acquisition
The announcement of quarter 2 results this week by turnkey provider Playtech plc show a continued recovery from last year's American UIGEA debacle and impressive results from online poker operations following the acquisition of the Tribeca Tables poker network earlier this year.

8 of the 12 new Playtech poker licensees over the past six months come from the Tribeca acquisition.  more...
   

MobileAware awarded mobile contract by UK gambling group
Dublin-based MobileAware has launched a mobile gambling site for the important UK gambling group William Hill, the Irish company announced this week.

Mobile.WillHill.com delivers a wide variety of feature rich mobile services, including live sports results, live betting events, bet-in-running, commentary, arcade and a My Account facility, to more than 400 000 active account holders. Customers can use their existing William Hill accounts to securely access mobile betting services around the clock from any mobile device, across any mobile network.  more...
   
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