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October 27, 2008 (InfoPowa News) -- The Swedish online betting exchange Betting Promotions Sweden A.B. has posted a net turnover loss for the period January to September 2008, showing turnover of SEK 50.5 million over the same period in 2007 declining to SEK 31 million this year.  The interim report reveals that operating income stood…

October 27, 2008 (InfoPowa News) -- The winner of the contract that will see the privatization of the Turkish national lottery Milli Piyango should soon be known following an announcement by the government's Privatisation Committee (OIB) last week that it is to go ahead on the basis of a ten-year concession in which the new…

October 27, 2008 (InfoPowa News) -- GameTech International, Inc., a designer, developer and marketer of electronic bingo equipment, bingo systems, video lottery terminals and server-based gaming, has been awarded licenses for the manufacture and distribution of gaming devices within the State of Nevada by the Nevada Gaming Commission. The licenses position GameTech to deplopy its server-based…

October 27, 2008 (InfoPowa News) -- The advertising agency that created the now well known 888ladies.com television ad featuring comedian Vic Reeves, CHI and Partners, has indicated that it will not again bid for the £6 million account, opening the way for other U.K. agencies to go after the lucrative contract. Brand Republic reports that 888…

October 27, 2008 (InfoPowa News) -- Fouad (Foo) Katan and John Corre, respectively CEO and chairman of online gambling software provider Playwize plc, have announced that all trading in the company's stocks has been halted, and all employees made redundant. The company has been struggling since 2006, and is thought to be another victim of…

October 27, 2008 (InfoPowa News) -- The Interactive Media Entertainment & Gaming Association has now confirmed that it has petitioned the Kentucky Court of Appeals for a writ of mandamus as reported earlier. This type of order is normally used to enlist the aid of a superior court in instructing a lower court to perform…

October 27, 2008 (InfoPowa News) -- The old proverb "It's an ill wind that blows nobody any good" found modern day application for World Poker Tour Enterprises last week as stock markets crashed and the global economic scene worsened.  The company had been facing de-listing on the NASDAQ exchange because pre-crisis its stock price had…

October 27, 2008 (InfoPowa News) -- Fleet Street Gaming.com, a U.S. subscription poker site along the lines of PurePlay, is the latest casualty of the economic downturn, advising its subscribers this week that it will close its virtual doors come October 31.   Founded earlier this year by former PokerStars Vice President of Marketing Dan…

Después de que el juez Wingate) ratificó la intención del gobernador de Kentucky Steve Beshear de confiscar 141 dominios de juego en línea por afectara la industria del juego local en las formas de casino y las carreras de caballo, la iMEGA (Interactiva Media Entertainment & Gaming Association) mandará el caso al tribunal en lugar…

World Poker Tour (WPT) Enterprises Incorporated ha anunciado que Thomas Flahie, quien tuvo un papel fundamental en el crecimiento de la red social MySpace.com, será su nuevo Chief Financial Officer.“Son tiempos emocionantes y dinámicos para WPT Enterprises y espero con ganas trabajar de una manera muy cercana con el equipo de ejecutivos de la empresa…