May 2008

Louisiana Casino ATM Ban Fails 

Anti-gambling legislators in the southern American state of Louisiana failed on Tuesday to pass a measure out of Committee that would have banned ATMs from casinos. 

US Casino Spending Up 

Americans spent more money last year on gambling than on cinema tickets but 2008 could be bleak due to a slumping economy and delays in the construction of new casinos. 

Earnings Rise 18 Percent For Bingo.com 

Bingo.com Limited, operators of online gaming site Bingo.com, has announced that revenues for the first quarter of the year rose 18 percent over those of the reporting period. 

Aristocrat Boosts Customer Service 

Aristocrat Technologies Europe Limited has announced the appointment of David Daniel as its new Customer Services Manager. 

WorldSpreads Lists In Ireland 

Irish financial spread betting firm WorldSpreads Group has listed its shares on the Irish Stock Exchange's IEX market. 

More Gran Scala Delays 

International Leisure Development has announced that it has received a guarantee of $31 million in order to carry on with the realisation of the Gran Scala Casino project. 

Sportsbetting Helps Bwin Results 

Austrian online betting company Bwin Interactive Entertainment has announced a net profit of $17 million for the first quarter of 2008, a rise of $1.7 million from the same period last year. 

MGM Macau Under Performing 

Vegas-based casino operator MGM Mirage has announced that its Macau venue is under-performing and that it needs to increase its marketing efforts in Mainland China. 

All Change At PartyGaming 

Online gambling operator PartyGaming has announced the appointment of Canadian Jim Ryan as its new Chief Executive Officer along with the promotion of John O'Malia to the post of Managing Director. 

Paddy Power To Earn $127 Million 

Paddy Power has announced that it expects to earn around $127 million in operating profits this year, a rise of 14 percent from last year.