Articles
IOC to monitor suspicious gambling

The International Olympic Committee has introduced new anti-gambling measures to quash any suspicion about results at the Olympic Games in China - a country that has an annual gambling turnover of $US100 billion ($106 billion).

Canada urged to curb online gambling

Canada hosts more gambling websites than any other country in the world.

Study: World gambling revenue to top $155B in 2012

Global gambling revenue is estimated to pass $155 billion in 2012 after growing at an annually compounded rate of 6.5 percent per year, according to a PricewaterhouseCoopers LLP report released Wednesday.

Cash from the bookies

In a move which could have enormous repercussions for European sport, a court in France has ruled that gaming companies offering betting on sports events in that country will have to pay a premium to each event’s organiser.

Online poker cheating demonstrates insider risk

Poker cheats are using insider knowledge to gain competitive advantage.

U.S.-Antigua Online Gambling Dispute Could End Friday

Friday is the new deadline for the United States and the island nation of Antigua and Barbuda to come to terms with a World Trade Organization ruling that found the U.S. liable for compensation because of its anti-online-gambling stance.

Antigua, US gambling dispute drags on - New resolution date set

Washington and St John's have set a new deadline of Friday to resolve their dispute over Internet gambling, according to Antigua's top finance official.

Playtech "buy," target price raised

Analyst Ben O’Toole of Dresdner Kleinwort reiterates his "buy" rating on Playtech (P2L). The target price has been raised from 545p to 690p.

Playtech raises £112m for acquisitions

Online gambling software provider Playtech is to raise up to £112m through a placing to finance acquisitions.

ESI Entertainment announces Fiscal 2008 Financial Results

ESI Entertainment Systems Inc. ("ESI" or the"Company") (TSX: ESY) reported today its financial and operational results forthe fiscal year ended February 29, 2008 ("fiscal 2008").

Experts Say Don't Ban Internet Gaming

Internet gaming is here to stay and, instead of trying to prohibit it, state governments should start regulating this exponentially growing business, a panel of experts told state lawmakers.

Internet gambling law threatens horse racing

When the federal Unlawful Internet Gambling Enforcement Act passed in 2006, the horse racing industry was protected with an exemption. However, it is now clear that this exemption will fail to protect the industry from the harmful effects of the act.

Tote auction plans face big hurdles

Potential bidders for the bookmaker hope it is fourth time lucky for the sale

To Victor the spoils

The gentleman bookmaker - and friend of artist Lucian Freud - is thinking more of Asia than Royal Ascot in a big week for high rollers

French bets ruling could be windfall for sport

A French high court ruling has paved the way for sports governing bodies to charge betting companies for permission to offer markets on their tournaments.

Ladbrokes Loses Dutch Court Ruling Over Online Bets

Ladbrokes Plc, the world's largest publicly traded gaming company, can't offer gambling in the Netherlands without a permit, the Dutch Supreme Court ruled.

Betfair a sure thing

A predicted $10 million annual boost for local racing from the groundbreaking partnership between Betfair and TOTE Tasmania may be a conservative estimate.

Gambling arrests up during Euro 2008

Nearly 100 gamblers were arrested during the first five days of Euro 2008, officials said.

China's biggest online gambling ring on trial in Kunming

China's largest online gambling trial began yesterday at Kunming Intermediate People's Court, with 20 suspects facing charges for involvement in a gambling ring involving more than 8.6 billion yuan (US$1.2 billion) in total wagers and more than 200 million yuan in profits – all illegal.

Worldspreads swings to FY pretax profit as turnover rises 87 pct

WorldSpreads Group Plc. said it swung to a full-year pretax profit of 2.65 million euros from a 45,000 euros loss last year as turnover rose 87 percent to 12.3 million euros on continued growth in client acquisition and bet numbers.

 
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