BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

weekly-news-recap-march-10The week that was…

AMERICAS
Bwin.party (and a few other companies) filed for a Nevada online poker license; California joined New Jersey in pushing for legal sports betting; New Jersey’s senate approved its latest online gambling bill but the Assembly’s bill hit a snag; regardless, NJ state Sen. Lesniak is predicting a Sept. 2012 online poker launch; Indian tribal gaming revenues hit an all-time high; Nevada gaming revenues topped a billion in January but Atlantic City’s February figures were still in the dumps; Bally inked a forward looking online gaming B2B deal with Aristocrat; Shuffle Master acquired the Ongame poker network and saw Q1 revenues rise; Spielo International opened a new Latin American HQ in Lima, Peru; Full Tilt Poker CEO Ray Bitar wants players to know he’s sorry (sorta) and US dog racing appears headed for euthanasia.

EUROPE
Paddy Power released some impressive 2011 numbers; also releasing report cards were Ladbrokes, Betfair, Sportech, Gala Coral, 32Red and Cryptologic; Sportingbet lost a court case in Spain, but the country’s regulators gave online gambling license applicants hope; Portugal confirmed online gambling regulation plans; Betfair Everywhere sought to piggyback the betting exchange onto other bookmakers’ sites; BodogUK hired a new head of casino; National Lottery operator Camelot threatened the UK Gambling Commission with a judicial review and Czech betting firms were accused of ‘essentially embezzling’ millions earmarked for charity.

ASIA
The newly-launched CasinoLeaks-Macau site demanded that regulators investigate junket operator Neptune Group, but Macau’s regulator said it wasn’t interested; Vietnam considered regulating sports betting; Singapore’s two casinos anted up nearly a billion in tax revenue in the past nine months; China’s Tianjin Union Development Group earned environmentalists’ ire for building a massive resort casino on Cambodian forest land; Hong Kong authorities posted their latest gambling survey and the Bodog Poker Network made inroads into Asia.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com