Gambling News 26th August, 2012

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SCHLESWIG HOLSTEIN ONLINE GAMBLING IN LIMBO

26th August, 2012 at 06:15:50
German province moves to rejoin the German Treaty, but no action yet on banning the issue of licenses

Schleswig Holstein's ruling coalition government was playing its cards cautiously this week as parliament started the legislative process designed to end in the repeal of the German province's liberal online gambling licensing law (see previous reports).

Full Story: Schleswig Holstein Online Gambling In Limbo »

STRONG ONLINE CASINO RESULTS FOR REDBET HOLDINGS

26th August, 2012 at 06:15:50
Internet casino action contributed 45 percent of revenues

Swedish online gambling group Redbet Holdings has posted an improved set of FY results showing revenues up 59 percent to SEK 24.5 million year-on-year, and operating profit back in the black - from a loss of SEK 1.6 million last year to a SEK 500,000 profit this.

Full Story: Strong Online Casino Results For Redbet Holdings »