Gambling News 24th August, 2012

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PROFIT AND REVENUES DOWN IN OPAP'S FIRST HALF

24th August, 2012 at 16:16:46
Little to encourage in H1-2012 for Greek gambling group

Greece's largely state-owned land and online gambling group, OPAP offered little cheer for investors in its first half 2012 results posted this week, reporting declines in revenue, net profit and EBITDA.

Full Story: Profit And Revenues Down In Opap's First Half »

MONARCH INTERACTIVE DISCUSSES THE WAY FORWARD

24th August, 2012 at 16:16:46
Having obtained a Nevada online poker operating licence, company must now find a software partner

Having successfully applied for a Nevada online poker operator licence (see previous report) Monarch Interactive issued a statement discussing the next steps it will take to realise its online poker ambitions.

Full Story: Monarch Interactive Discusses The Way Forward »

STRONG Q2-2012 PERFORMANCE FROM PLAYTECH

24th August, 2012 at 16:16:46
Plenty of action at online gambling software developer

Playtech plc has posted its Q2 2012 Key Performance Indicators and trading update for the three months ended June 30 2012, reporting:

Full Story: Strong Q2-2012 Performance From Playtech »

TABCORP HITS STATE OF VICTORIA WITH A MASSIVE CLAIM

24th August, 2012 at 03:55:41
Gambling group wants A$686.8 million from provincial government

The Australian gambling giant Tabcorp called in A$686.8 million it alleges is due from the Victorian provincial government in terms of a 1994 agreement Friday, filing court papers with the Supreme Court of Victoria.

Full Story: Tabcorp Hits State Of Victoria With A Massive Claim »

TRIBES DISCUSS INTERNET GAMBLING

24th August, 2012 at 03:55:41
200 attend discussions initiated by the National Indian Gaming Association

Internet gambling continues to attract attention from tribal gambling groups across the United States, and particularly in California, where an online poker legalisation measure will run out of time at committee stage when the legislative session ends on August 31, plagued by tribal and commercial divisions.

Full Story: Tribes Discuss Internet Gambling »

TATTS POSTS FY 2011 RESULTS

24th August, 2012 at 03:55:41
Aussie gambling group reports a 16 percent rise in net profit

Losing out on pokie machine revenues in 2012-2013 should not unduly slow down Aussie gambling group Tatts, which has posted its annual results to June 30 2012, with a notable 16 percent rise in net profit to A$319.1 million.

Full Story: Tatts Posts Fy 2011 Results »

BETFRED FOLDS ON GRANNY BET (Update)

24th August, 2012 at 03:55:41
A smart decision in the face of overwhelming public criticism

Betfred's face-off with Brit granny Linda Aldred is over; after consulting with IBAS the gambling group has agreed to pay the gambling granny her GBP 1000 in winnings, saying it was the "right thing to do."

Full Story: Betfred Folds On Granny Bet (update) »

NETENTERTAINMENT GAMES NOW ON ANDROID MOBILE PLATFORM

24th August, 2012 at 03:55:41
Online gambling software developer expands availability

The Swedish internet gambling software and games developer, Net Entertainment, has announced that its mobile games are now also available on Android devices.

Full Story: Netentertainment Games Now On Android Mobile Platform »