Betshop.com parent company’s trading update for the first quarter of 2008 was in line with management expectations even though it revealed falls in both net win and gross profit compared to the same period last year. Net win was down 25% to €6.5 million, while gross profit fell 16% to €2.1 million.

The Austrian bookmaker might win its legal fight against the ban on internet sports betting in Germany, said Johannes Caspar, law professor at Hamburg University and legal adviser to the Schleswig-Holstein state legislature.

The European Commission’s decision to issue formal comments on the Italian draft decree on remote gaming has been welcomed by the European Gaming and Betting Association.

The Copenhagen Post reports that the days of Danish gambling monopoly Danske Spil are numbered.

The gaming software developer agreed a deal to provide the Swedish betting operator and its additional brands, CherryCasino.com and CasinoEuro.com, with its download casino product.

A trial date has been set for May 10 in the case against BetUS and three other companies, following an evidentiary hearing during which federal prosecutors showed how Gateway Technologies and Hill Financial Services of Draper, Utah, provided services to disguise credit card transactions as something other than gambling, to assist internet gambling websites in having their gambling transactions authorized by Visa and MasterCard issuing banks.

Jay Lakin of Poker Source Online told the Las Vegas Review Journal that he is sceptical that a rollback of the US online gambling ban is imminent despite his support for the bill introduced into Congress last week by Barney Frank and Ron Paul that would prevent enforcement of the UIGEA.

The online payments processor has discontinued its merchant e-wallet services to online poker sites for US residents.

A bill (H.R.5767) introduced into Congress on Thursday by Rep. Barney Frank and Ron Paul would prevent the US Government taking further steps on regulations laid down by the Unlawful Internet Gambling Enforcement Act of 2006 which require US financial institutions to block Internet gambling payments.

German casino operator Spielbanken Niedersachsen will use Chartwell Technology’s online gaming software to power its entrance into the internet gambling market, starting with casinoland.de, a flash casino expected to be launched in May.

The Asia-Pacific online gambling company, owner of MegaSportsWorld sportsbook, reported pre-tax profits up 210% to $12.4 million in its preliminary results for 2007, on total revenues of $54.3 million, up 95% from $27.8 million last year.

The online betting exchange said that lessons will be learned following the failure of their Grand National Starting Price market last Saturday but it remains confident there will be no repeat of the fiasco.

In an opinion leader entitled ‘Time to Fold’, the WSJ predicts that a trans-Atlantic spat over online gambling may help rewrite the rules of cross-border Internet commerce.

According to the Austrian news agency APA, the online bookmaker filed the complaint in reaction to statements by the French Tennis Federation suggesting that online sports betting operators present ethical dangers to the sport.

The Tote’s site was found to be the worst performer of 23 UK online gambling websites in tests carried out by WatchMouse on Grand National day (April 5) and the 10 days prior to it.

Stewards of Racing Victoria have cleared Cleary of giving false evidence to investigators probing the Stephen Allanson affair. However, the bookmaker might still face punishment for failing to record bets under the correct name. The case has now been referred to the Bookmakers and Bookmakers' Clerks Registration Committee.

The Gibraltar-based gambling group posted record revenue and profits in its preliminary results for 2007. Pre-tax profits rose 106% to $45.8m, while net gaming revenues was up 36% to $213.4m compared to 2006; including a 33% rise in casino revenues to $118 million and an 18% increase in poker revenues to $81 million.

French Budget Minister Eric Woerth told Le Parisien that the government could push ahead with deregulating betting in 2009/2010.

The National Gambling Amendment Bill, approved by South Africa's National Assembly last year, has been delayed after the National Council of Provinces introduced an amendment to prohibit online gambling sites from advertise their services.

The betting brokerage announced the launch of BetBrokersBinaries.com, following a white label deal with Trinitas Capital, owners of financial bookmaker BetsForTraders.com.