Gambling News 28th March, 2012

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UK DCMS DETAILS TOTE SALE PAY OUT TO RACING (Update)

28th March, 2012 at 15:23:33
GBP 90 million to be delivered through charity and grant scheme

The UK Department for Culture, Media and Sport (DCMS) has detailed how it plans to deliver UK Racing's half share of the sale of the Horserace Totaliser Board (Tote) bought by bookmaker Betfred for GBP 265 million in June 2011 (see previous report).

Full Story: Uk Dcms Details Tote Sale Pay Out To Racing (update) »

INTERWETTEN ENTERS ITALY WITH HEAVY WEIGHT MARKETING

28th March, 2012 at 15:23:33
Sponsorship of five top-flight Italian footie clubs

Online sports betting provider Interwetten has made its debut in the Italian online gambling market with the immediate launch of interwetten.it following receipt of its AAMS issued licence.

Full Story: Interwetten Enters Italy With Heavy Weight Marketing »

PLAY'N GO MULTIPLE GAME RELEASE

28th March, 2012 at 15:23:33
Six mobile and two flash casino games

Online gaming software developer Play'n GO has released a raft of new games, six of which are mobile platform games and the other two, Flash based.

Full Story: Play'n Go Multiple Game Release »

2UP GAMING ON ACQUISITION DRIVE

28th March, 2012 at 08:24:36
In line with strategy, acquisition will provide immediate cash flow

Following its signing of a memorandum of understanding for the acquisition of the European-based video streaming business Streamark (see previous report) earlier this month, 2UP Gaming PLC has bought the online affiliate pokies website WebNetPokies, for an undisclosed consideration.

Full Story: 2up Gaming On Acquisition Drive »

AUSSIE GAMES DEVELOPER GOING LARGE AT NIGA 2012

28th March, 2012 at 03:57:13
Online gambling products among Aristocrat's offerings

The Australian land and online gambling supplier Aristocrat is going large on tribal gaming operators at the National Indian Gaming Association tradeshow at the San Diego Convention Center next week between April 1 and 4, showcasing a wide range of its products with some emphasis on internet gambling content.

Full Story: Aussie Games Developer Going Large At Niga 2012 »

SPORTINGBET GETTING COSY WITH FOXWOODS (Update)

28th March, 2012 at 03:57:13
Collaborative talks now at an advanced stage

The British online gambling group Sportingbet plc, which made its final exemption from US prosecution payment to the DoJ Monday (see previous report) is reportedly making good progress in its collaborative negotiations with the American land gambling group Foxwoods, according to the London Evening Standard.

Full Story: Sportingbet Getting Cosy With Foxwoods (update) »

THINGS ARE LOOKING UP FOR GAMBLING IN FRANCE (Update)

28th March, 2012 at 03:57:13
Latest ARJEL figures show some improvement...but it's at a cost

The troubled French gambling market appears to be showing some signs of renewed life, although online operators in particular continue to push for a more sensible approach to regulation and taxation.

Full Story: Things Are Looking Up For Gambling In France (update) »