Gambling News 16th November, 2012

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BODOG NATION RELOCATES HQ TO MANILA

16th November, 2012 at 14:32:13
Growth opportunities prompt relocation

Online gambling firm Bodog Nation will relocate its headquarters to the Philippines Capital, Manila following in the footsteps of the Bodog Brand's Asian-facing business Bodog88.com who launched its own live dealer studio earlier in the year (see previous report).

Full Story: Bodog Nation Relocates Hq To Manila »

POCKET FRUITY ADDS NEW MOBILE SLOT

16th November, 2012 at 14:32:13
Red Hot Rolling 7s the latest in AlchemyBet's mobile portfolio

Sheffield-based game developer AlchemyBet has released a new game into its Pocket Fruity mobile portfolio titled " Red Hot Rolling 7s " built using HTML5 technology for the latest smartphones and tablets.

Full Story: Pocket Fruity Adds New Mobile Slot »

MORGAN STANLEY SOCIAL GAMBLING RESEARCH

16th November, 2012 at 08:29:15
Blue paper gives insight into convergence of industries

Global financial services firm Morgan Stanley has delved deeper into the world of social gambling and the convergence between it and the web-based, real-money sector and reports interesting findings.

Full Story: Morgan Stanley Social Gambling Research »

SINGAPORE GOVERNMENT REVIEWING GAMBLING REGULATIONS

16th November, 2012 at 08:29:15
Online gambling included in regulatory review

S Iswaran, the Second Minister for Home Affairs and Trade and Industry said the Singapore Government has embarked on a review of the country's regulatory framework on all forms of gambling, including online.

Full Story: Singapore Government Reviewing Gambling Regulations »

PADDY POWER INTERIM REPORT SHOWS STRONG PROGRESS

16th November, 2012 at 03:35:38
Mobile betting booming

Irish bookmaker Paddy Power's latest interim management statement for the period July 1 to November 14, 2012 shows strong growth in net revenue of 23 percent and a good performance across most business sectors.

Full Story: Paddy Power Interim Report Shows Strong Progress »

EXCHANGE BETTING RULES APPROVED IN CALIFORNIA

16th November, 2012 at 03:35:38
Exchange wagering inching forward

The California Horse Racing Board (CHRB) has approved rules that will allow exchange betting in the State which should give cause for celebration for online betting exchange Betfair and TwinSpires.com.

Full Story: Exchange Betting Rules Approved In California »

MEDIA CORP CEO STEPS DOWN

16th November, 2012 at 03:35:38
Following a short tenure of six months

Media Corporation PLC, the owner of the now defunct Purple Lounge, has announced the resignation of Adam Fraser-Harris who is stepping down from his position as chief executive officer following a short six month period in the role.

Full Story: Media Corp Ceo Steps Down »

TRIBES WANT IN ON ONLINE IN CONNECTICUT (Update)

16th November, 2012 at 01:16:13
Staking claim based on federal compacts in the event of online gaming legalisation

Following encouraging comments by the key committee co-chairman in the Connecticut General Assembly surrounding the reconsideration of legalising some forms of online gambling in Connecticut (see previous report), the States two recognised tribes have said they want in on any future online gambling initiatives should legalisation move forward.

Full Story: Tribes Want In On Online In Connecticut (update) »