State-owned horseracing bookmaker Tote shrugged off a "very difficult year" as it reported annual profits up 3.1%.

The Tote, the state-owned bookmaker soon to be privatised, has seen the amount it won from punters rise by over 5%, mainly thanks to controversial touch-screen roulette machines in the group's 540 betting shops.

The former sports minister Richard Caborn admitted yesterday that he had "dropped a clanger" in failing to ensure that the Tote was sold to a racing trust during his time in office. However, he also proposed a new scheme for the future of the betting organisation that would, he claimed, "simplify the whole structure of racing".

Former sports minister Richard Caborn has urged the government to divide up the Tote to end uncertainty over its future.

British Racing has been stitched up in some style over the 'sale' of the Tote by a bumbling, stumbling Government with little knowledge nor regard for a sport that boasts centuries of proud tradition. And, what's more, those in power know it.

Online gamblers play more frequently and aggressively than those who take their chances in casinos according to a study from the University of Western Ontario that suggests new regulations to govern Internet gambling.

The European Gaming and Betting Association (EGBA) today launches a comprehensive set of standards that covers all aspects of player protection, fair gaming and responsible operator behaviour in the online gaming and betting environment. These standards complement stringent legal requirements already imposed by EU licensing jurisdictions.

Shares in bookmaker Ladbrokes (LAD.L) rose over 8 percent on Monday as traders cited market talk of Irish groups buying shares in the company.

When trade emissaries from the European Union arrive in Washington later this month to talk to officials in Congress, the Justice Department, and other executive branch agencies, they'll have some difficult questions to ask. In particular, they'll ask about some gambling laws that rank among some the worst written sections of the United States Code. If things go poorly a trade conflict with vast implications for the United States banking sector could ensue.

Deputy United States Trade Representative (USTR) Ambassador John Veroneau is expected to arrive in Antigua and Barbuda today to begin high-level talks with Minister of Finance and the Economy, Dr. Errol Cort, on the longstanding trade battle between the two countries over internet gambling.

Tatts Group chief executive Dick McIlwain says growing competition in the gaming industry has strengthened the case for a merger between his company and Tabcorp, fuelling suggestions a tie-up between the giants is on the cards.

Leading Bingo Company Joins Community of Companies Working Together to Combat Online Fraud.

European Championship and Deutsches Derby bring JAXX record sales and earnings

Barney Frank does not play poker or blackjack. The games bore him, and he thinks he would be terrible at them even if he tried. He's never played a slot machine, doesn't go to casinos, and has never tried to gamble online.

Search volume for keywords stemming out of "online casinos" have shown a significant decline since 2006.

Online casino pioneer and South African Warren Cloud, rumoured to be worth at least R2,1bn, died on his yacht near the party island of Ibiza with lots of unanswered questions and a few disgruntled creditors.

Despite a stunning setback in his effort to roll back a ban on Internet gambling, Rep. Barney Frank, D-Mass., says the issue is not going away.

There aren't any Triple Crown contenders in John Hancock's 24-horse stable.

Gaming in Finland is organized as a national monopoly, and the gaming market is divided between three organizations. Two companies, Veikkaus Oy and Fintoto Oy have games in internet.

Football fan Nick Cawley is as sick as a parrot - after a bookie refused to pay him his £2,470 winnings from a £20 Euro 2008 bet.