Gambling News 07th October, 2010

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BETFAIR SET FOR IPO (Update)

07th October, 2010 at 07:27:22
Prospectus values company around GBP1.48 billion

Confirmation of rumours that have been circulating for months (see previous InfoPowa reports) came this week with the release of a prospectus on Betfair's flotation of 10 percent of its stock on the London exchange.

Full Story: Betfair Set For Ipo (update) »

NEW ONLINE BINGO SIDE GAMES RELEASED

07th October, 2010 at 07:27:22
Three new slots, among them two of Microgaming's biggest hits, released to bingo licensees

Online bingo fans playing on Microgaming-licensed bingo sites will have two of the software developer's most popular slots at their disposal this week following the company's release of three new side games for its bingo operators' sites.

Full Story: New Online Bingo Side Games Released »

WISEMEN PRODUCTIONS MAKES A SMART DECISION

07th October, 2010 at 07:27:22
Games company signs up with Mahjong Logic

The online mahjong developer Mahjong Logic has announced a new licensee following an agreement with gaming company Wisemen Productions.

Full Story: Wisemen Productions Makes A Smart Decision »

ONLINE OPERATIONS STAR PERFORMER IN RANK GROUP

07th October, 2010 at 07:27:22
Rank Interactive revenue growth outperforms parent company

Interim results released this week by the UK online and land gambling group Rank plc show that the group's interactive division has generated revenues double those of the parent group.

Full Story: Online Operations Star Performer In Rank Group »

BREAKTHROUGH IN HOLLAND ON INTERNET GAMBLING?

07th October, 2010 at 07:27:22
Dutch newspaper fires up speculation that online gambling may be on the agenda of new government

The Dutch newspaper Telegraaf revved up online gamblers and observers alike this week with a speculative report that a change of government could be bringing about a revision of hitherto monopolistic and negative policies on internet gambling.

Full Story: Breakthrough In Holland On Internet Gambling? »

ONLINE E-CASH PROCESSOR FAILS

07th October, 2010 at 02:15:44
But makes an orderly departure from the market

After seven years of operations, the e-cash processor ePassporte is closing shop "due to a lack of revenue and circumstances beyond our control."

Full Story: Online E-cash Processor Fails »