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Lasseter Corporation Announces Yearly Financial Results

August 21, 2008 (InfoPowa News) -- The Australian veteran online casino operator Lasseters Corporation announced in a trading update this week that it expects to make a loss of A$6.36 million when it delivers its results for the full year ended June 30 2008 on August 29th. The update notes that the results reflect the full year costs of operating the start-up business of Lasseters Sportsbook, include costs of replacing US online revenues with business from Asia and Europe, and reduced ... Read more

PPA Grabs Headlines with Effort to Change Republican Platform

August 21, 2008 (InfoPowa News) -- The Poker Players Alliance campaign urging online gamblers to voice support for legalized Internet gambling in the United States by posting on the Republican Party Platform Committee forum at has caught the attention of several widely read US publications.  Notable among these was the Las Vegas Sun, which this week carried a story on the number of online gambling supporters using the Republican website, the purpose of which is to obtain public comment ... Read more

BWIN Reports Revenue and Margin Growth in First Half of 2008

August 21, 2008 (InfoPowa News) -- The Vienna-listed online gambling group bwin released its numbers for the first half of 2008 this week, showing soaring gross gaming revenues for the first half 2008, which rose 25.6 percent to Euros 207.2 million (H1:2007 Euros 165 million). Sportsbetting gross gaming revenues were especially positive, rising 37 percent to Euros 119.8 million with margins at an impressive 8.3 percent. Group EBITDA rose to Euros 36.5 million, up Euros 2 million from the same period ... Read more

Shooting the Messenger?

August 21, 2008 (InfoPowa News) -- Reports on the lavish spending and personal appearance of ex-Absolute Poker consultant Allan Grimard, and news of an indictment against the father of Absolute Poker founder Scott Tom yesterday on the gambling information portal 911 have ignited legal threats from the troubled poker room's owners, Tokwiro Enterprises. Interest in the Tokwiro subsidiaries Absolute Poker and UltimateBet continues as a result of unanswered questions concerning the multi-million dollar "hole card" cheating allegations which have swirled around ... Read more

Interactive TV Deal for Parlay

August 21, 2008 (InfoPowa News) -- Canadian and UK-based Parlay Entertainment Inc. signed up Smart TV Broadcasting Ltd for its interactive Internet and television bingo initiatives this week, opening the way for bingo action on Smart Live Casino, one of the newest and fastest-growing live interactive casinos, broadcasting on Sky Channel 869 and Freeview Channel 22.  "Building on the remarkable success of our Smart Live Casino, our strategy is to expand the entertainment options for our players. Bingo is key ... Read more

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
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