April 2008

Denmark To Open Market 

In Denmark, the Government is investigating the possibility of ending its monopoly on gambling and allowing foreign firms to advertise and operate in the country. 

Unibet Profits Plunge 

Unibet Group has reported a 73 percent drop in net profits for the first quarter of the year to $4.37 million due to the weakening of the British pound. 

Bwin Wins FSA Licence 

Austrian online gambling group Bwin Interactive Entertainment has made history by becoming the first company to receive a licence from the UK's Financial Services Authority as an e-money provider. 

Problem Gambling Fund Hits Target 

The Responsibility in Gambling Trust has announced that two-thirds of the nation’s gambling firms failed to contribute to a fund specifically set up to combat problem gamblers. 

Children on Casino Floor Case Heard By Regulatory Body 

The Pennsylvania Gaming Control Board is investigating claims that the Philadelphia Park Casino and Racetrack in Bensalem allowed children to accompany adults onto the casino floor last year. 

Karrbrink Steps Down From Svenska Spel 

The Chief Executive Officer for Sweden’s Svenska Spel, Jesper Karrbrink, has announced that he has stepped down after consultations with the firm’s Board of Directors. 

France Still Considering Opening Market 

The French Government is still considering the implications of legalising online gambling under strict controls, according to a report from the Dow Jones news service. 

Oberon Media Changing Name 

Oberon Media has announced that it will be changing its name to I-Play and integrating all of its Internet, mobile and interactive television gaming platforms. 

Grand National Winner Costs William Hill $14 Million 

William Hill has announced that a public gamble on the winner of the Grand National earlier this month cost them almost $14 million, wiping out its profits for the rest of the three-day event. 

Nuthands Signs Up For Las Vegas From Home 

Las Vegas From Home Entertainment Incorporated has announced that Nuthands.com has become the latest Asian licensee to sign up its Multi-Player Software Platform.