February 2008

Parlay Receives Rival Bids 

Parlay Entertainment has been approached by two unidentified parties interested in purchasing the company. 

Betsson Fortunes Improve 

Betsson has announced that net sales for last year grew by 121 percent to $102.37 million with after tax income at $28.29 million. 

Casino Executive Critical Of UK 

The UK Government’s about-turn on super-casinos has come in for criticism from William Weidner, CEO for American casino operator Las Vegas Sands Corportation. 

Unibet Set To Go Public 

Online gambling group Unibet is to go public in hopes of raising $147 million to help pay for further investments. 

Net Entertainment Releases Results 

Net Entertainment announce an increase in overall sales, after-tax results and its profit margin for last year. 

CashCade Could Go Public 

Speculation suggests UK online gambling group Cashcade Ltd is considering a $200 million public listing within the next year. 

The Gambler Goes Mobile 

MyNuMo has signed an agreement with online casino TheGamblerMobile.com launching a series of web application games for the iPhone and iPod touch featuring the brand and style of Kenny Rogers. 

Gambler Taking Bookmaker To Court 

A British punter is taking William Hill to court for more than four million dollars, money he lost gambling after asking the bookmaker not to let him bet again. 

Yahoo Could Partner With Murdoch 

Internet search pioneer Yahoo Inc is hoping that a partnership with media conglomerate News Corporation can stave off a Microsoft takeover. 

Probability’s Major Investment 

The Treasurer for the UK’s Conservative Party has purchased nearly 3.4 million shares in mobile betting technology firm Probability, taking his total holdings to 15.8 percent.