Daily news

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    State gambling operators profits in the future will increasingly come from investments outside their core business, says a new report by industry consultancy firm MECN. 

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    Betfair and the English Rugby Football league have signed a Memorandum of Understanding in order to safeguard the ‘continued integrity of Rugby league the area of sports betting’. 

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    UBA Technology, a software development company, has commenced marketing its proprietary Betting Exchange and Poker software, through its UBetAnything.com subsidiary, to qualified gaming industry licensees. 

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    The interactive TV and mobile services specialist, Two Way TV and interactive gaming solutions specialist Zone4Play are set to launch two fixed odds interactive TV services across the UK. 

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    The Times has revealed that a leaked government report will rule in favour of bookmakers and the controversial fixed-odds betting terminals. 

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    Wireless technology company Terraplay Systems has signed an agreement with Endemol owned company Overloaded, to provide a real-time, multi-player wireless gaming platform. 

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    Chris Scherf, VP of the US Thoroughbred Racing Association has called on the organisation to draw up a plan to create an industry-owned betting exchange, adding that there is ‘no time to dawdle’. 

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    Consultancy firm MECN has released a report this week that emphasises the importance of educating the public about the iGaming industry in order to improve investor relations. 

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    Office pools are always popular this time of year. Not only do they offer a good rate of return on your stake, they liven up office life, encourage a bit of good-natured debate and competition between co-workers and build up a good team spirit in the

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    The Hungarian Government has launched legal proceedings against Sportingbet, following the launch of the company’s Hungarian betting site last July. 

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    David Curruthers, CEO of BetonSports.com, has lashed out at US Attorney General, John Ashcroft, following a profits warning which saw shares plummet from 83p to 77.5, halving the value of the company just months after it launched on the stock exchang

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    Zone4Play has announced that, with the help of Avago, it has launch of its play-for-real fixed-odds casino platform on Hutchinson 3G. 

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    Betfair has announced that it has been inundated with compensation claims from former Sporting Options customers. The betting exchange has already received 615 applications, of which it has so far processed 414. 

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    SportingBet, now widely considered the world’s biggest internet gaming company, have posted impressive first quarter results this week, confirming they moved into to the black well before the recent £162 million acquisition of ParadisePoker.com. 

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    Online gambling website Casino City has filed a 28-page Memorandum of Law in response to the Department of Justice’s recent Motion of Dismissal. 

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    Dennis Publishing, the publisher behind men’s mag Maxim and gambling glossy Inside Edge has announced a six figure cross promotion deal with Victor Chandler Poker. 

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    In a move that could prove a serious financial boon for the island’s iGaming sector, it has emerged that the Isle of Man could be about to allow its licensed internet gambling operations to accept wagers from the American market. 

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    Following Betfair’s proposal of a rescue package for former customers of stricken betting exchange, Sporting Options, IbetX.com has countered with a deal of their own, designed to attract punters left out of pocket by the company’s collapse. 

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    GamSure, first ever bond guarantee provider for the online gaming industry, said today that the Sporting Options fiasco and the loss of its customers money, could have been avoided if they had a player’s bond scheme in place. 

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    Online software providers Chartwell Technology Inc. hope to raise C$10 million through a share issued released yesterday. 

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