Software developer Parlay Entertainment has announced its third quarter results, revealing that revenues, royalties and income were all down on last year’s figures.
According to the Reuters news agency, the head of London-listed online gambling group PartyGaming has announced that he will not be selling his existing stock in the company but will be exercising options on a further 3.5 million shares.
Online gambling group Unibet has announced that it has asked an investment bank to explore the possibility of raising almost $150 million via the bond market to fund an acquisition strategy.
According to reports in The Telegraph, an offer from Las Vegas-based Harrah’s Entertainment to purchase a large portion of British land and online gambling group Rank has been rejected.
Nevada Gaming Control Board is soon to release a study it commissioned through the University of Nevada Las Vegas (UNLV) earlier this year into the pastime.
Online casino software provider Playtech has announced that the deal it signed late last week with an Asia-facing licensee is to run for three years and could be worth up to five millions dollars during its first year.
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