Gambling News 06th May, 2013

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POKERSTARS PARENT SEEKS COURT ORDER ON ATLANTIC CLUB DEAL (Update)

06th May, 2013 at 16:35:34
Accusations of bad faith and a surprisingly low sale price

The latest developments in the failed attempt by Pokerstars parent The Rational Group to buy a New Jersey land casino (see previous reports) created mainstream media headlines late Monday when the Isle of Man company was awarded a temporary restraining order stopping Atlantic Club owners Colony Capital LLC from entering into any acquisition deals on the casino for the next two weeks.

Full Story: Pokerstars Parent Seeks Court Order On Atlantic Club Deal (update) »

AUSTRALIAN LABOR MP WANTS AN END TO GAMBLING ADVERTS

06th May, 2013 at 10:19:52
Proposes radical changes to existing laws

Stephen Jones MP, a member of Australia's ruling political party and the government's gambling reform committee, has revealed that he is working on a draft bill which could ban all gambling advertising - including those for online sports betting firms - and live odds updates during television and radio broadcasts and at sports stadia.

Full Story: Australian Labor Mp Wants An End To Gambling Adverts »

EVERYMATRIX PARTNERS WITH KIRON INTERACTIVE AND VSPORTS GAMES

06th May, 2013 at 10:19:52
Wider virtual sports choice for OddsMatrix clients

Gaming software provider EveryMatrix has entered into a new partnership with virtual sports providers Kiron Interactive and VSports Games.

Full Story: Everymatrix Partners With Kiron Interactive And Vsports Games »

BET-AT-HOME PLEASED WITH QUARTERLY PERFORMANCE

06th May, 2013 at 10:19:52
Increased customer base and reduction in advertising strengthens bottom line

BetClic Everest Group subsidiary Bet-At-Home published its first quarter 2013 results this week, saying the results confirm the operation's growth path.

Full Story: Bet-at-home Pleased With Quarterly Performance »

MYBET BENEFITS FROM STRONG ONLINE GROWTH IN LATEST RESULTS

06th May, 2013 at 10:19:52
Loss of lottery operation covered by online growth

Kiel-based firm myBet (formerly JAXX SE) said it has more than compensated from the loss of income from lottery operations sold off in 2012 thanks to strong growth in its core business involving sports betting, casino and poker products in the first quarter of 2013.

Full Story: Mybet Benefits From Strong Online Growth In Latest Results »

LOTTO MISTAKE BRINGS A $14 MILLION WINDFALL

06th May, 2013 at 03:26:30
$1 error changes this California woman's life

Californian single mother-of-four Thuan Le was singled out by Fate for a 42 million-to-1 windfall in the state lottery this week, winning $14 million on a ticket she had not intended to buy according to an unoffical Euromillions Lottery website in news posted this week.

Full Story: Lotto Mistake Brings A $14 Million Windfall »

AUSSIE OPPOSITION LEADER THREATENS A CRACKDOWN ON GAMBLING ADS

06th May, 2013 at 03:26:30
If the industry does not police itself, and the Opposition gets into power in September elections....watch out!

The leader of Australia's official Opposition, Tony Abbot, intends to more strictly regulate sports betting adverts if his party gets into power in the Australian elections this September.

Full Story: Aussie Opposition Leader Threatens A Crackdown On Gambling Ads »

BAD TIMES FOR HOLLAND CASINO

06th May, 2013 at 03:26:30
Could legalised online gambling make a difference?

Financial problems are growing for the Dutch state-owned land gambling monopoly Holland Casino, reports the ANP news agency, noting that the gambling group posted a loss of Euro 652,000 last year and came under further pressure in the first three months of this year.

Full Story: Bad Times For Holland Casino »