Gambling News 10th October, 2013

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UNKNOWN ENTITY BUYS 3 PERCENT OF LADBROKES

10th October, 2013 at 12:16:52
Mystery buyer laid down GBP 37 million for shares.

Online and land gambling group Ladbroke's stock received a boost Wednesday when a mystery buyer laid out GBP 37.1 million to buy up 3 percent of the company's shares, triggering speculation that an acquisition offer may be in the works for the troubled group.

Full Story: Unknown Entity Buys 3 Percent Of Ladbrokes »

MASSIVE ONLINE GAMBLING BUST IN SOUTH CAROLINA

10th October, 2013 at 12:16:52
Two arrested as prosecutors claim illegal gambling activity to the tune of $144 million.

Two South Carolina men are being held by US enforcement agencies after being arrested on charges of operating an illegal 'sweepstakes' style gambling enterprise and laundering over $144 million.

Full Story: Massive Online Gambling Bust In South Carolina »

FIRST NEW JERSEY ONLINE GAMBLING LICENCE ISSUED

10th October, 2013 at 03:13:14
MGM-Boyd's Borgata gets the historic nod.

New Jersey regulators took another bold step into an intrastate online gambling future Wednesday with the issue of the first online gambling licence to the Borgata Hotel Casino and Spa, giving the company the green light to launch the new gambling genre once the regulations come into force on November 26.

Full Story: First New Jersey Online Gambling Licence Issued »

GAMCARE WORRIED ABOUT RISE IN YOUTHFUL GAMBLING ADDICTION

10th October, 2013 at 03:13:14
Number of young people with gambling problems increases - access to mobile facilities the cause?

The problem gambling charity Gamcare is concerned about an increase in problem gambling calls from youthful gamblers, the BBC reported Wednesday, claiming that the number of 18 to 35-year-olds contacting the organisation has risen for a third consecutive year.

Full Story: Gamcare Worried About Rise In Youthful Gambling Addiction »

LEGENDS BETTING KINGPIN PLEADS GUILTY

10th October, 2013 at 03:13:14
Gurian enters guilty plea on conspiracy charge associated with illegal sportsbook betting

52-year-old Philip Gurian is the latest defendant in the Legends sportsbetting gambling bust to enter a guilty plea on a charge of conspiracy associated with illegal online sportsbetting in the United States.

Full Story: Legends Betting Kingpin Pleads Guilty »

DIRECTORATE CHANGES AT ONLINE GAMBLING SOFTWARE PROVIDER

10th October, 2013 at 03:13:14
Playtech plc says farewell to chairman, appoints legal expert to board.

Online gambling software developer Playtech plc announced Thursday that as previously indicated in a statement on 29 August 2013, Roger Withers has resigned as a director and retired from the Board.

Full Story: Directorate Changes At Online Gambling Software Provider »