GALA, the online casino and bingo company, is swooping to buy Coral, the UK bookmaker for an estimated £2billion. GALA who have recently bought into venture capitalist firm, Permira, is believed to be in negotiations with Coral.
The Bonnier Group’s business area has selected Boss Media as supplier for its new gaming activity. Bonnier is to launch www.bingolotto.se through a cooperative agreement with the Folkspel gaming company.
Neteller has announced that it officially signed up its 2,000,000th customer on 22 September 2005. The company also announced that Dale Johnson, Director and Executive Vice President, will assume the role of President - Asia Region.
Tribeca Tables Europe Ltd announced that BETonSPORTS, which has nine Sports Book Brands, has joined the e-poker aggregator Tribeca Tables Poker Network.
32Red Plc, a UK-focused online gaming business predominantly comprising two distinct activities casino and poker, has made an application to the London Stock Exchange for the Ordinary Shares to be admitted to trading on AIM.
Sportingbet, it had been reported, were attempting to tie-up an £800m deal for Empire Online. The company has now revealed that the talks barely got off the ground before the two companies agreed to terminate the negotiations.
The PLC showed a 23% increase in gross profits, up to $28.6m from $23.3m in the last half of 2004. The figures also showed a big rise in the gross margin percentage of an extra 36%, increasing to 7.9% and gross operating profit had also risen 21% to
The Company announced on September 13th that, following its satisfactory due diligence, it has completed the Acquisition of Club Dice from Crown Solutions Gaming Limited and Uniplay International Limited.
Highlights of the quarter included revenue growth of 25.3%, EBITDA (earnings before interest, taxes, depreciation and amortization) of $1,180K and an eleventh consecutive quarter of profitability.
‘Combating Cyber Crime in the Betting and Gaming Business’, the conference launched in February 2005, will this year run at Earls Court, alongside ICE, which opens on 24th January 2006.
The Interactive Gaming Council welcomes the higher profile for online gaming firms and their suppliers, as well as substantial conference content, at next week's Global Gaming Expo in Las Vegas.
