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Swedish Monopolies Are Being Chipped Away

August 28, 2008 (InfoPowa) -- For seventy years the Swedish welfare state has imposed monopolies on gambling, alcohol, and pharmacy products, but its membership in the European Union, and that body's policy of free movement of trade and services, has enabled entrepreneurs to chip away at the monolithic structure, according to an article published by the Financial Times Deutschland this week. The piece uses online gambling group Betsson's defiance of the monopolistic policies on gambling as an example, recounting that the ... Read more
 

Record Half-Year Results from 888

August 28, 2008 (InfoPowa News) -- The Gibraltar-based online gambling group 888.com released its H1 2008 numbers this week, basking in the achievement of record half year results and its seventh consecutive period of quarter-on-quarter growth.  CEO Gigi Levy reported pre-tax profits up 39 percent to $26.3 million during the six month period to the end of June, compared with the $18.9 million recorded in the same period last year. EBITDA was up 63 percent to $28.3 million from $17.4 ... Read more
 

ACF-Webmasters Changes Affiliate Rate, Redesigns Website

August 27, 2008, Paris -- ACF-Webmasters is increasing affiliate commissions starting on September 1, the company announces in a news release today.  The changes include a CPA from €20 to €50 on a hybrid (%+CPA) option added to a monthly fixed bonus by Rank (plus a 10% life commission); 50% of commissions made during the first two months; and a bi-tracking option that allows the accumulation of commissions and CPAs acquired on Poker and Casino. These new commission rates will ... Read more
 

CryptoLogic Seeing Success in Asia

August 27, 2008 (Dublin, Singapore) -- CryptoLogic Limited's investment in Mahjong Time, a provider of online mahjong software and an official partner of the World Series of Mahjong, has helped the Internet gaming software company take major strides in Asia. Mahjong Time has recently signed a licensing agreement under which the company gains access to 50 per cent of the Internet cafés in China. "All of CryptoLogic's Asian investments are meeting or exceeding their targets -- and ours. We knew the ... Read more
 

Republican Position on UIGEA Goes Back and Forth

August 27, 2008 (InfoPowa News) -- One of those interesting online gambler political initiatives took place over the last few days when the Poker Players Alliance suggested to US fans that the Republican Party Platform Committee might be a good place to make their views known. The Platform Committee is responsible for presenting the party's platform or manifesto, and runs a website where suggestions and comments on what should or should not be on the platform can be posted. By all ... Read more
 

Busy Month for PartyCasino.com

August 27, 2008 (InfoPowa News) -- The London-listed Party Gaming plc subsidiary Party Casino.com has a busy month ahead, making new movie-themed slots available to its players and implementing improved multilingual Support facilities to enhance its offering to European punters. Two new multi-featured slots, "Rambo" and "The Terminator," themed on movies made famous by action heroes Sylvester Stallone and Arnold Schwartzenegger, will join already available slots 'Mission Impossible' and 'Saturday Night Fever' in the Party Casino games inventory.  Two more slots, ... Read more
 

New 'Advanced Intelligence Marketing' Casino Software Announced

August 27, 2008 (InfoPowa News) -- The Australian-based gaming systems company eBet is to exclusively distribute a new casino marketing software program branded 'Advanced Intelligence Marketing' from Las Vegas marketing and communications agency Marketing Results, Inc., a company that develops and markets a range of networked solutions for electronic gaming machines.  eBet will use its management expertise and a database of some 800 customers and 55,000 gaming machines in its endeavors. The company has operations and contractual arrangements in Australia, ... Read more
 

Income Access Launches New Media Channels

Montreal, QC (PRWEB) August 25, 2008 – Income Access (http://www.incomeaccess.com) has announced the launch of a new online video channel and industry blog, designed to foster more active participation in the online gaming community. Through these new content channels, Income Access hopes to engage other industry players while also stimulating discussion about the issues that face the industry."Launching these new media channels is an exciting new way to engage the online gaming community," Nicky Senyard, CEO of Income Access, said ... Read more
 

32Red Revenues up in First Half of 2008

August 26, 2008 (InfoPowa News) -- Having shed itself of sportsbetting site BetDirect earlier this year, the online casino, bingo and poker room group 32Red.com seems to be shaking free of negative territory, judging by its half-yearly 2008 numbers to end June released this week. Revenues soared 26 percent to GBP 6.6 million (H1:2007 GBP5 million), and the company reported a profit of GBP 800,000 compared to the same period last year, when a loss of GBP 10.45 million gave investors ... Read more
 

Betbrokers Share Listing Suspended

August 26, 2008 (InfoPowa News) -- The AIM-listed independent broker and clearing house for the sports betting industry, Betbrokers plc, has announced that its shares have been temporarily suspended after one of its subsidiaries, Betbrokers Limited, was placed in administration. The group also said its nominated advisor Daniel Stewart and Company has resigned with immediate effect. "Currently the company is unable to fully ascertain the effect of this on the company's financial position," a spokesman said, commenting that the suspension was of ... Read more
 
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