Gambling News 01st August, 2013

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ETRUVIAN IMPLOSION?

01st August, 2013 at 14:55:03
Poker's most successful super-affiliate sells out to partner

Barely a month after a Euro 38 million takeover by Playtech (see previous reports), Dominik Kofert's Etruvian group, comprising PokerStrategy, CasinoCheck and Tradimo, was reportedly in crisis this week.

Full Story: Etruvian Implosion? »

LOWER OPERATIONAL LOSSES FOR FRENCH ONLINE GAMBLING OPERATORS

01st August, 2013 at 14:55:03
Latest ARJEL numbers indicate that losses are 50 percent lower at Euro 85 million.

The ring fenced French online gambling market, continually hampered by high taxation and limited player liquidity (see previous reports) had a better âEUR‛ but still losing âEUR‛ 2012, according to figures officially released this week by regulator ARJEL.

Full Story: Lower Operational Losses For French Online Gambling Operators »

OLD COMPANY, NEW BRAND IN ONLINE GAMBLING

01st August, 2013 at 14:55:03
Olympic Entertainment Group brings its online services under the new OlyBet brand

The Olympic Entertainment Group announced Thursday that it has unified its online gambling services under the new Olybet brand, and has launched a sports betting service, along with a network of sports bars in Estonia and Latvia.

Full Story: Old Company, New Brand In Online Gambling »

GEOCOMPLY HOPES FOR A NEW JERSEY ONLINE GAMBLING SERVICE LICENCE

01st August, 2013 at 14:55:03
Geo-location company has made application to the New Jersey Division of Gaming Enforcement.

GeoComply, which supplies the geo-location technology so important in state-by-state online gambling legalisation initiatives, has applied for licensing as an Internet Ancillary Services provider to the New Jersey Division of Gaming Enforcement.

Full Story: Geocomply Hopes For A New Jersey Online Gambling Service Licence »

THE OFFICIAL LINE ON THE GREEK ONLINE GAMBLING BLACKLIST (Update)

01st August, 2013 at 04:22:57
211 institutions have been furnished with a banning document

Wednesday's shock announcement that the Greek Independent Administrative Authority's Hellenic Gaming Commission has issued an online gambling blacklist of 401 internet gambling firms (see our previous report) has been followed by an official communication from the Greek regulator, headed "List of sites providing gaming and betting services without authorisation in Greece".

Full Story: The Official Line On The Greek Online Gambling Blacklist (update) »

A NEW WEAPON IN THE WAR AGAINST ADDICTIVE GAMBLING

01st August, 2013 at 04:22:57
UK company says machine learning will help to combat compulsive gambling

Featurespace, a British technology firm spun off from a University of Cambridge engineering department project, says that behavioural analytics allied to machine learning can help identify early stage problem gamblers and arrest the compulsive gambling process.

Full Story: A New Weapon In The War Against Addictive Gambling »

U.S. ONLINE SPORTSBETTING DEFENDANTS SENTENCED

01st August, 2013 at 04:22:57
Connecticut and Louisiana cases finalised

Online sportsbetting cases in Connecticut and Lousiana were finalised this week with two defendants sentenced.

Full Story: U.s. Online Sportsbetting Defendants Sentenced »

MACAU JULY REVENUES UP 20 PERCENT

01st August, 2013 at 04:22:57
Chinese economy slowdown does not derail Macau business

The Reuters news agency reports that July 2013 gambling revenues in Macau have apparently been unaffected by the slowdown in the Chinese economy, delivering the third highest monthly revenue numbers so far this year at 29.5 billion patacas ($3.7 billion).

Full Story: Macau July Revenues Up 20 Percent »