Gambling News Archive

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Ivey Poker Folds

Not a good year for world-famous poker pro Following his multi-million dollar litigation defeat against a major land casino that claimed he cheated at cards through edge-sorting (see previous InfoPowa reports) the world famous poker pro Phil Ivey has suffered an additional loss in having to close his Phil Ivey Poker.com coaching and social website. Hints that a closure may be on the cards have been circulating in the industry after Ivey told his quality stable of professional associates that

By Casinomeister Oct 31, 2014

Kambi Group Plc Profitable With Solid Growth In Q3 Results

Expands focus to South America Unibet's recently spun-off B2B fully managed sports betting service provider Kambi Group reported a successful third quarter in terms of revenue growth of 68 percent. Key performance highlights for the third quarter ending September 30, 2014 include: - Revenue amounted to Euro 9.5 million (Q3/2013: Euro 5.6 million), up 68 percent - Operating profit (EBIT) was Euro 0.9 million (Q3/2013: Euro -3.2) million, with a margin of 10 percent (Q3/2013: -56 percent) - Profit after

By Casinomeister Oct 31, 2014

Key Figure In Sports Trading Club Arrested

Multi-million gambling syndicate expected to be exposed following arrest Australian conman Peter Foster was arrested under a Federal warrant Tuesday by New South Wales Police at an upmarket property near Byron Bay. Foster is thought to, at the very least, be a key player in the international gambling syndicate Sports Trading Club that boasts offices in London, Sydney and Hong Kong. The Sports Trading Club, also know as STC Sports Trading Club and The Sports Trading Club Partnership, takes investments

By Casinomeister Oct 31, 2014

Know Your Enemy Two

Make no mistake; Sheldon Adelson is a tough opponent Several astute industry observers have commented recently that there's almost an air of complacency in the online gambling industry regarding the efforts of casino tycoon Sheldon Adelson to stop internet gambling in the US in its tracks. They warn that dismissing Adelson as an ageing technophobe averse to commercial competition is a mistake, pointing to the progress that his influence and money has achieved in the political arena since he launched

By Casinomeister Oct 31, 2014

Know Your Enemy

PPA helps players identify US politicians who want to ban e-gaming Next month US voters will decide the political fate of a third of the US Senate and all of the House of Representatives in the November congressional elections, and in a timely move the Poker Players Alliance has provided some guidance on which members of the political establishment are hell-bent on banning online gambling. Voting starts on the first Tuesday of November, and the PPA has provided a list

By Casinomeister Oct 31, 2014

Ladbrokes Inks Football Sponsorship Deal Downunder

Agreement with Brisbane Roar will strengthen Australian presence The land and online gambling group Ladbrokes has strengthened its Australian presence by signing a one-year sponsorship agreement with the A-League football club Brisbane Roar. The deal gives Ladbrokes signage privileges at the Suncorp Stadium. Ladbrokes marketing director James Burnett said Wednesday that football was an important element in the Ladbrokes business plan, and that the agreement will strengthen its Australian footprint. Online Casino News Courtesy of Infopowa More news here.

By Casinomeister Oct 31, 2014

Lesniak Blames Credit Card Companies For Slow New Jersey Take-off

New Jersey senator still optimistic on the future of online gambling Addressing the Mobile and Tablet Gambling Summit USA at Bally's on Monday, New Jersey state Senator Ray Lesniak said he remains optimistic on the future of online gambling in his state despite the slow first year of operations, which he attributed in part to the uncooperative posture adopted by several major credit card companies. State regulators have reported just over $100 million in New Jersey revenue since the intrastate

By Casinomeister Oct 31, 2014

Malaysia To Shut Down 172 Illegal Gambling Websites

Communications and Multi Media Commission will collaborate with other government bodies to shutter websites it has traced and tracked as offering illegal online gambling The Malaysian Communications and Multimedia Commission (MCMC) has traced 172 illegal online gambling websites in the country, which it says it is intent of shutting down as part of a broader government drive against internet gambling. Deputy Minister of Communications and Multimedia Datuk Jailani Johari said this week that his ministry would join other ministries, including

By Casinomeister Oct 31, 2014

Malaysian A.g. Urges Clampdown On Internet Gambling

Most illegal gambling is now conducted online or through mobile channels, claims enforcement official The Malaysian Attorney-General is alarmed by the rise in illegal gambling - much of it through mobile and online channels - and is to submit to the federal government a proposal to either amend the existing law or draft a new law to curb the burgeoning pastime, according to reports in the Malaysian media Tuesday. Asked to comment on views in several quarters that the Common

By Casinomeister Oct 31, 2014

Mgt Capital Launch Fantasy Sports Offer In Beta

Full roll-out of proprietary-developed game in November U.S. MGT Capital Investments Inc. (MGT) is set to launch its first social daily fantasy sports game on Facebook. Titled Daily Fantasy Legend (DFL), the offer is a free to play game for anyone aged 13 and up who has a Facebook acount. Players can create fantasy lineups of real athletes and compete against teams assembled by others to obtain high point scores. Contests cover a wide spectrum of sports, including professional and

By Casinomeister Oct 31, 2014

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