February 2008

Possible Boss Media Sale 

Shares in Boss Media have risen in value by 25 percent following news that GTech subsidiary GEMed has made a bid for the company. 

Regulation Quantified By McDermott 

Federal tax revenues in the United States could benefit by up to $42.8 billion over ten years if the Government took a regulation and licensing approach to online gambling 

French Open Says ‘Non’ To Betting 

French Open tennis tournament organisers have filed lawsuits with courts in Belgium and France in a bid to ban online gambling companies from offering bets on the event. 

French Gambling Monopoly’s Turnover Drops 

The Francaise Des Jeux gambling monopoly has revealed a 1.8 percent drop in annual turnover, the first such fall for 15 years, for 2007. 

Bulgaria Review Their Approach Towards Online Gambling 

Officials from Bulgaria’s State Commission on Gambling (SCG) are meeting with the gambling industry, academics and members of the Chief Directorate for Combating Organised Crime (CDCOC) to review the country's approach towards online and tourism gamb

Manhattan Tops List For Money Seized 

Federal prosecutors in Manhattan seized a total of $717 million in assets from online gambling operations, corporate fraudsters and drug traffickers last year. 

Party Gaming’s Positive Prediction 

Party Gaming has released a trading update covering its underlying profits for 2007 stating that numbers would be slightly ahead of analysts' forecasts. 

Increased Shareholding For Sportingbet CEO 

The CEO of UK gambling group Sportingbet has increased his shareholding in the company to a total of 1.2 million shares. 

Hop-On Signs Major Deal 

Hop-On Inc has announced a deal for 62,000 units from an unnamed Latin American distributor. 

32Red Trading On The Rise 

32Red has issued a trading update reporting that its casino and poker business has performed well with year-on-year growth in both turnover and numbers of active players.