BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

weekly-recap-march-23THE AMERICAS
888 Holdings received its Nevada interactive gaming license; the US Treasury put Bitcoin exchanges on notice; Illinois fined the Northstar Group $20m for missing lottery revenue targets; Canada busted more PlatinumSB employees; PokerStars’ parent company was one of 14 firms seeking a role in Delaware’s online gambling plans; Genting found themselves a Bahama mama; Station Casinos posted a profit in 2012 while Atlantic City’s Revel valued itself at 10 cents on the dollar; Floyd Mayweather Jr. admitted he loses a bet now and then and Caesars Entertainment was found to be carrying more debt than Ecuador.

EUROPE
Greece extended OPAP’s online betting monopoly until 2020; 32Red posted record profit in 2012; Danske Spil claimed a 60% slice of the liberalized Danish online market; online exchange betting looked a better bet in Italy; British bookies pushed back against FOBT hysteria; Pinnacle Sports surrendered its Alderney license; William Hill dotted the i’s on its Sportingbet acquisition while Unibet acquired Sportingbet’s stake in Bonza Gaming; OpenBet got a new CEO; Cyprus could have casinos in two years; PartyPoker lost Tony G and Kevin MacPhee lost it on Twitter after losing Liv Boeree; French investigators had questions about a deal involving ISPT backer Bernard Tapie; Vince Martin handicapped the field of European public company investment possibilities and Rebecca Liggero talked to Clive Archer about the Equity Poker Network.

ASIA
Macau VIPs are back making croupiers miserable; AGTech doubled its revenues in 2012; Melco Crown delayed its Entertainment City casino opening until next year; Ladbrokes denied making a bid for bookie TomWaterhouse but William Hill’s Ralph Topping said Lads would be crap in Australia, anyway; Sports Alive’s former customers kissed their deposits goodbye; legal sports betting reappeared on the Vietnamese government’s agenda; South Korea announced a crackdown against online sports betting and FootballBet.com’s David Leppo talked in-play betting in Asia.

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