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RECORD REVENUES FOR EVEREST POKER PARENT

RECORD REVENUES FOR EVEREST POKER PARENT Taiwan's Gigamedia turns in a solid first quarter With more real money players and soaring revenues, the Taiwan firm Gigamedia, which owns the Everest online poker company, delivered good news to investors this week in releasing its Q1 2008 results. Gigamedia’s chief executive Arthur Wang re-emphasised the importance of the company's deal with Harrah's for high profile World Series of Poker sponsorship by the Everest brand, pointing out that the poker spectacular is beamed into 350 million ... Read more
 

PKR AND CELEBRITY CHEF FOR CHARITY

PKR AND CELEBRITY CHEF FOR CHARITY Online poker firm in London charity fundraiser The online poker company PKR.com pitched in to help a children's charity at a London event involving celebrity chef Jamie Oliver and ace footballer Teddy Sheringham this week.  The event was in aid of the One to One Children's Fund, involved in child assistance around the world. Held at London's Sketch Restaurant, the fundraiser featured the Omar Sharif Backgammon tournament and a PKR.com sponsored poker tourney, between them raising over ... Read more
 

U.S. STUDY HIGHLIGHTS AMERICAN PROBLEM GAMBLING

U.S. STUDY HIGHLIGHTS AMERICAN PROBLEM GAMBLING 750 000 young problem gamblers, researchers claim Researchers at the University of Buffalo's Research Institute on Addictions released the results of a recent study this week, showing that an estimated 750 000 American teens and young adults are problem gamblers, reports the Wshington Post.  The researchers worked on the basis of defining problem gambling as that associated with three or more negative consequences, such as gambling more than intended or stealing money in order to gamble. ... Read more
 

GREEK SOLUTION IN SIGHT?

GREEK SOLUTION IN SIGHT? Economic minister to meet with EC official on OPAP  Could it be that the Greek government's policy of restricting access to its gambling market is about to undergo a change? That was the question on Internet gambling observer's lips this week as Greek media reports from reputable publications like the Greek Herald and Reporter Net carried a brief story on a meeting scheduled for next week between European Commission enforcement chief Charlie McCreevy and Greek economic minister George Alogoskoufis. The ... Read more
 

UK PLAYERS LIKE THE LOOK OF PKR POKER

UK PLAYERS LIKE THE LOOK OF PKR POKER Statistics show that online poker site is ahead of the biggies in popularity A press release from the 3D online poker firm PKR.com this week boasts that its poker website has come out tops in the Hitwise Gambling (Poker) category, finishing ahead of other major players like Ladbrokes Poker, VC Poker and William Hill Poker in visits from UK players.  Hitwise is an online competitive intelligence service that provides insight into the interactions between 8.4 ... Read more
 

CRYPTOLOGIC AWARDED MAHARAJAH CLUB SOFTWARE CONTRACT

CRYPTOLOGIC AWARDED MAHARAJAH CLUB SOFTWARE CONTRACT Major SE Asia gambling website changes to Dublin firm's software The formerly Boss Media powered Maharajah Club.com online casino and poker operations switched to Cryptologic gambling software and games this week in an exclusive deal with the Dublin based turnkey provider. "With a strong core business in Europe and an emerging business in Asia, Cryptologic will work diligently with Maharajah Club to bring the Southeast Asian community a truly exceptional gaming experience," promised Brian Hadfield, CryptoLogic's President ... Read more
 

NOW 888.COM SIGNS WITH GTS

NOW 888.COM SIGNS WITH GTS Gaming integration the name of this game Gaming software solutions provider Gaming Technology Solutions plc (“GTS”), and the Gibraltar-based online gambling group 888.com signed a partnership agreement this wek, aiming to create a new gaming integration standard built around the open GTS EdGE gaming platform and 888’s Integration Platform. The common standard will enable 888 to accelerate time-to-market for new games across multiple platforms.  The expanded application program interface (API) offered by EdGE and 888’s Integration Platform, ... Read more
 

CRYPTOLOGIC Q1 2008 REPORT RELEASED

CRYPTOLOGIC Q1 2008 REPORT RELEASED Turnkey provider's customer revenues rise, but income overall slightly down The Dublin-based online gambling software developer and turnkey provider Cryptologic released its first quarter 2008 numbers this week, showing a 21 percent rise in customer revenues, overall income slightly down and impressive amounts of cash on hand at the end of the reporting period.  The rise in customer revenues was attributed to strong casino growth from new game offerings featuring Marvel Super Heroes Spider-Man and the Fantastic ... Read more
 

888 Casino Announce Profits Up

The 888 income report for the first quarter of this year saw that their bets were well placed – a £33m profit is a dramatic rise on the £24m taken in the same period last year. That figure encompassed a 35% rise in casino revenues from 888.com and a 5% rise from PacificPoker. As well as casino games and poker, their recent profits owe thanks to the company's expansion into other revenues such as sports betting. ... Read more
 

Gaming Giants Join Forces In Three Year Deal

Software developer CryptoLogic Ltd and online casino giants 888 yesterday announced the successful signing of a three-year contract between the two companies. This agreement means that 888 will be able to integrate games of their choice from CryptoLogic into their ever-expanding online casino. CryptoLogic boasts over 200 games, from popular casino entertainment to other games such as Sudoku or Bejewelled. "Today's announcement is consistent with CryptoLogic's strategy to partner with the world's biggest and best gaming brands – as a ... Read more
 
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