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Kentucky Decision Finally Handed Down (Update)

October 17, 2008 (InfoPowa News) -- After a day of computer glitches, Judge Thomas Wingate finally handed down his decision late afternoon Thursday in a Kentucky court ... but there was scant comfort for the online gambling industry in his findings, or for the lawyers representing interested parties in the case, in which the state of Kentucky sought to seize 141 international domain names. Strong arguments presented by various bodies and companies impacted by the Kentucky action in seeking to have ... Read more
 

Easing of AdWords Restrictions Criticized

October 17, 2008 (InfoPowa News) -- The ink was hardly dry on the Google U.K. announcement that it is to lift its AdWords restrictions on Internet gambling marketers when former Labour defence minister Peter Kilfoyle questioned the timing, presumably on current economic grounds and the reports from Gamcare that problem gambling is on the rise in the land gambling sector (see yesterday's CAP News). Kilfoyle told the Press Association that the timing of the move was "extraordinary". "I think it's extraordinary that ... Read more
 

Revenues Decline at Rank PLC

October 17, 2008 (InfoPowa News) -- London-listed land and online gambling group Rank plc revealed in a trading update this week that its revenues declined by 8 percent for the 41 weeks to 12 October compared to the same period last year. The positive news was that over the past six weeks performance has improved, showing a 5 percent uptick against the same period last year. Rank was in the news earlier this week when the Malaysian group Guoco announced further purchases ... Read more
 

White Labeler Signs Up with Citadel

October 17, 2008 (InfoPowa News) -- One of the top European white labeler management companies in the industry, the Gibraltar-based St Minver, has contracted for instant Internet banking services from ESI subsidiary Citadel Commerce Corp.  Citadel's Instant Internet Banking product is a new low-cost payment solution for online gambling that provides the capability for international consumers to instantly and securely pay for purchased items using their Internet bank account. The service encompasses a white labeled payment interface that can be ... Read more
 

Cantor Signs for Atronic Games

October 17, 2008 (InfoPowa News) -- Cantor Gaming has signed up for a new range of games from the predominently land slot developer Atronic, its second agreement with the U.S. company. The agreement gives Cantor Gaming exclusive use of a wider range of games for online and handheld use, and introduces popular Atronic slot games, such as the classic Sphinx theme, a big hit with land gamblers in casinos across 80 countries. Atronic holds a coveted Nevada gaming licence. On the ... Read more
 

Irish Eyes are Watering

October 17, 2008 (InfoPowa News) -- Irish eyes will probably not be smiling following the news that the government plans to double the country's tax on betting. Finance Minister Brian Cowan announced the move to legislators in a budget speech in Dublin this week, saying that the tax will increase from 1 percent to 2 percent.  Industry analyst Gavin Kelleher said that an increase of that size would raise Irish bookmaker Paddy Power plc's betting duty bill to about €20 ... Read more
 

Having Another Go (Update)

October 16, 2008 (InfoPowa News) -- Graham Calvert, the 28-year-old U.K. greyhound trainer who hit the headlines earlier this year in litigation with gambling group William Hill over a five-month, out-of-control betting spree that cost him £2 million, is back. The U.K. newspaper The Times reports this week that Calvert has launched an appeal against the ruling that threw out his case, repeating his contention that the betting company had failed in its duty of care toward him as a clearly ... Read more
 

Breaking News: Kentucky Case Proceeding

October 16, 2008 (Associated Press) -- A Franklin County Circuit Court judge has refused to dismiss a lawsuit seeking to block access to online casinos in Kentucky.Judge Thomas Wingate said in an order Thursday afternoon that he will hear arguments on Nov. 17 before deciding whether to give Kentucky state government control of the domain names of 140 of the Internet's most popular gambling Web sites.Wingate said online casinos that don't block access to their Web sites in Kentucky could ... Read more
 

Guoco Again Increases Stake in Rank PLC (Update)

October 16, 2008 (InfoPowa News) -- Guoco Group Ltd., the investment arm of Hong Leong Group Malaysia, has continued its steady accumulation of Rank plc stock, which it started early this year, bringing its holding as at October 10 to 23.19 percent or 90 567 165 ordinary shares. The voting rights are held by Asia Fountain Investment Company, one of the Guoco Group enterprises.   ... Read more
 

U.K. Google to Allow Gambling Ads

October 16, 2008 (InfoPowa News) -- After something of a prohibitive drought for gambling marketers since the summer of 2007, the U.K. branch of the giant search engine Google is about to reintroduce the facility for AdWords. But advertising will be restricted to those companies that are licensed by the U.K. Gambling Commission and can provide a valid operating license number. Starting this week, licensed gaming operators will be able to buy paid search ads, according to a policy statement from ... Read more
 
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