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News and Shake-Ups in the Online Gambling Business World

August 21, 2008 (InfoPowa News) -- Business in the online gambling industry was good for most, bad for others this week as World Series of Poker ace Johnny Chan closed the doors of his Ongame-powered poker room Chan, but several new ventures were launched by other industry stalwarts. Chan, owned by 10-time WSOP bracelet winner Johnny Chan closed after two years in operation. The 2006 WSOP extravaganza in Las Vegas was used as the launch platform for this promising ... Read more

Online Gambling the Cure for Ailing Media Group?

August 21, 2008 (InfoPowa News) -- Recent surveys have discovered that 40 percent of news seekers go first to the Internet, a trend likely to continue and expand due to more tech-savvy users maturing and boosting the demographics. The change has impacted the traditional media world, with less advertising, and European newspaper group Mecom is no exception, reporting losses of GBP 19.7 million -- less than on previous numbers but still disappointing. The veteran newspaperman and former News of the World ... Read more

Soccer Star Expected to Increase Online Gambling During Olympics

August 20, 2008 -- Winward Gaming Group -- Lionel Messi, 21-year-old Argentinean soccer star, is expected to increase the volume of soccer online gambling during this Olympic Games. This is due to the speculation born from the media coverage that was given to the dispute between F.C Barcelona, the team for which Messi plays, and Argentina’s National Team, for his presence during the games. F.C. Barcelona didn't want his player to attend the games representing his country, and this argument has ... Read more

IncomeAccess Sponsoring eGaming Review Awards

MONTREAL, QC. August 20, 2008 – For the second year in a row, Income Access will be an official sponsor of the eGaming Review Awards. Featuring 18 categories, the awards will be held September 19 at the Grosvenor Hotel in London, England. Income Access will be sponsoring the category of Affiliate Program of the Year."Offering the online gaming industry complete affiliate marketing solutions is our mandate," said Nicky Senyard, CEO of Income Access. "We've been actively involved in the online ... Read more

ASA Strikes Again

August 20, 2008 (InfoPowa News) -- Wink's latest online bingo advertisement has incurred the displeasure of Britain's Advertising Standards Authority, which announced the banning of the material this week.  The advertisement, which was the work of Spacebar Media, featured a maternity nurse celebrating next to a trolley holding surgical equipment and a laptop, the screen of which read ‘Wink Bingo Winner', reports the marketing publication Brand Republic. Behind the nurse were a surprised man holding a teddy bear and ... Read more

More Asian Business for LVFH

August 20, 2008 (InfoPowa News) -- Canadian online gambling software developer Entertainment Inc. appears to be following the Net Entertainment path of announcing new licensees without immediately disclosing who they are. This week CEO Jake Kalpakian followed this route when he revealed that his company has signed a new licensee for its Asian Multi-Player Software featuring its latest game, Mahjong 1-On-1. The licensee is apparently still under development and will join the LVFH Asian Games Network at soon. The ... Read more

"Statjack" Launched by Cantor Games

August 20, 2008 (InfoPowa News) -- Newbies and experienced players alike will be intrigued by a new online gambling product released this week. After much pre-launch publicity, Cantor Gaming delivered its interactive blackjack product, branded Statjack. The game provides players with real-time guidance on the best choices to make, counts cards, and provides new ways to bet. “We have lots of serious players at our casino who find the thrill of blackjack an unmatched experience," says Cantor Gaming CEO Manu Gambhir. ... Read more

NASDAQ Warns that WPTE Could be Delisted

August 20, 2008 (InfoPowa News) -- The tough time that World Poker Tour Enterprises Inc is currently going through could have repercussions in terms of the firm's NASDAQ listing; if a daily closing share price under $1 continues to be experienced over thirty consecutive business days, the American exchange can force a delisting. WPT announced this week that it had received a NASDAQ Staff Determination Letter on August 14 warning the company that it is not in compliance with the minimum ... Read more

Affiliate Speedpay Partners with Tower Affiliates

August 19, 2008 – London, UK – Affiliate Speedpay ( announced today a new partnership to provide affiliate payments to Tower Affiliate's worldwide affiliate base. Tower Affiliates will now be able to pay its affiliates on the same day, no matter where they are in the world. The partnership will allow Tower affiliates to benefit from using Affiliate Speedpay's services, ensuring that their affiliate payments are amongst the fastest in the industry. The service has already gone live, ... Read more

Malaysian Group Now Holds Over 22 Percent of Rank PLC

August 19, 2008 (InfoPowa News) -- Guoco Group, a subsidary of the Asia-based investment group Hong Leong (Malaysia) Berhad run by Malaysian billionaire Quek Leng Chan, has once again increased its stake in the British land and online gambling group Rank plc, part of a steady stakebuilding exercise that has been taking place since January this year, when it held around 4 percent. In the latest shares acquisition Guoco has pushed its holding in Rank plc from 18.08 percent to 22.33 ... Read more
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