March 2008

Tennis To Ban Online Betting During Games 

The governing body of professional women's tennis has announced plans to crack down on the use of mobile phone and laptop computers at matches after reports of possible cheating. 

IGREA Gathers More Support 

In America the proposed Internet Gambling Regulation and Enforcement Act (IGREA) has gained the support of its 46th Member of Congress. 

Paddy Power’s Improved Profits 

Irish gambling group Paddy Power has reported that pre-tax profits for 2007 rose 53 percent to $115.32 million. 

Unexpected Names Lobby Congress 

According to a report from the Cape Cod Media group, some surprising companies spent sizeable sums of money lobbying American politicians in support of online gambling. 

Rank Has Tough Year 

Rank, which operates Mecca Bingo, Grosvenor Casinos and the Blue Square online gambling group, has announced that revenues for 2007 were down nine percent. Higher taxation, the smoking ban and the loss of lucrative slot machines have been attributed

Ladbrokes’ Strong Remote Gambling Results 

UK gambling group Ladbrokes has delivered impressive full-year results, revealing a 60 percent rise in pre-tax profits and an almost 30 percent growth in gross wins. 

William Hill Reveals Results 

William Hill has released its full-year results for 2007 showing a gross win rise of six percent to almost two billion dollars. 

Antiguan Minister Remaining Optimistic 

The Finance Minister for Antigua and Barbuda has told the Antigua Sun newspaper he is still confident that the country will be added to the UK's advertising ‘white-list’ for online gambling. 

New Interactive Games For Consoles 

Interactive television firm Two Way TV has signed a deal with Bigfizz UK to license eight of its popular skill with prizes games throughout British pubs.