Gambling News 25th August, 2011

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ONLINE BETTING TECHNOLOGY CROSS-OVER CAUSES AUSSIE LEGAL PROBLEMS

25th August, 2011 at 11:08:57
Could latest federal court finding have wider implications Downunder?

In Australia a recent federal court decision has the Victoria territory in an uproar after its law banning online betting kiosks was overturned, creating wider implications that could impact other Australian states.

Full Story: Online Betting Technology Cross-over Causes Aussie Legal Problems »

ARISTOCRAT - GAMEACCOUNT DEAL LAYS THE FOUNDATION FOR U.S. ONLINE GAMBLING

25th August, 2011 at 11:08:57
Free-play internet platform to be supplied for the use of US players.

GameAccount Network's collaborative agreement with land gambling game and equipment developer Aristocrat Technologies in March this year (see previous report) has produced its first fruits - a deal through which GameAccount will provide Aristocrat with a free-play internet gaming platform for use by its US casino clients.

Full Story: Aristocrat - Gameaccount Deal Lays The Foundation For U.s. Online Gambling »

FACEBOOK'S ONLINE GAMBLING POLICY CHANGES

25th August, 2011 at 04:50:26
Land and online gambling can now be advertised on Facebook...but there are conditions

The internet social networking giant Facebook has announced policy changes for its Ad Guidelines, and among them is a new directive that permits online and offline gambling advertising, providing that the material is targeted outside of the United States and has Facebook's explicit consent.

Full Story: Facebook's Online Gambling Policy Changes »

CASH CONSTRAINTS IN NEW BC LOTTERIES POLICY

25th August, 2011 at 04:50:26
Reducing cash transactions to combat money laundering

Gamblers at land casinos in British Columbia are to be discouraged from making cash transactions in a bid to reduce the risk of money laundering, the Canadian provincial government announced this week.

Full Story: Cash Constraints In New Bc Lotteries Policy »

BETCLIC EVEREST INTERNET GAMBLING SUBSIDIARY DELIVERS SOUND RESULTS

25th August, 2011 at 04:50:26
Bet-At-Home AG posts a 12.1 percent increase in gross profits

Online sportsbook operator Bet-At-Home.com AG - a subsidiary of the Betclic Everest group - has released its financial results for the first six months of 2011 showing an impressive 12.1 percent year-on-year increase in gross profits to Euro 35.16 million.

Full Story: Betclic Everest Internet Gambling Subsidiary Delivers Sound Results »

PLAYTECH Q2 RESULTS PLEASE

25th August, 2011 at 04:50:26
Online gambling software developer reports continued growth

Playtech has released its Q2-2011 numbers, reporting continued strength through the launch of new Italian products and its major contract with the Gala online and land gambling group in the UK.

Full Story: Playtech Q2 Results Please »

SPORTECH POSTS STRONG RESULTS

25th August, 2011 at 04:50:26
Adjusted pre-tax profit up 28 percent

British gambling firm Sportech PLC announced its H1 Interim results for the six months ended June 30, 2011 this week.

Full Story: Sportech Posts Strong Results »

GERMAN COURT FINDING A SET-BACK FOR STATE GAMBLING MONOPOLY

25th August, 2011 at 04:50:26
Doubts that continued monopoly is legal

Attempts by the German lander (provinces) to perpetuate the state sports betting monopoly under a new Treaty (see previous reports) were dealt another blow by a German court this week.

Full Story: German Court Finding A Set-back For State Gambling Monopoly »