Blog

August 29, 2008 (InfoPowa News) -- When the management of Australian gaming machine manufacturer Aristocrat Leisure made an overly optimistic forecast on the company's profits back in 2001 and 2002, it could not have foreseen the angry reaction of shareholders ... and the final cost of the blunder. This week the company settled Australia's biggest shareholder…

August 29, 2008 (InfoPowa News) -- iPoker Network online poker site Titan Poker.com reports that with its largest yet online guaranteed prize tournament now less than two weeks away, it is making 50 seats available through a major satellite this weekend. The winners of the seats get to compete in the $2,500,000 Guaranteed Prize tournament on…

August 28, 2008 (InfoPowa News) -- The state-owned gambling system at Irish race courses is linking up with the world's biggest online betting exchange, Betfair. The Tote system, traditionally only available at track-sides, will now be available to more than two million customers around the globe via Internet through the Betfair site. The deal between the…

August 28, 2008 (InfoPowa News) -- Having parted company two seasons ago, Paddy Power plc and Liverpool FC came together again this week in a new sponsorship deal that replaces Liverpool's most recent agreement with rival online betting group Unibet. Matt Cunliffe, customer acquisitions manager for Paddy Power, said his company was pleased to team up…

August 28, 2008 (InfoPowa News) -- Entraction, the Swedish betting group formerly known as 24hPoker, has joined the growing number of public companies reporting good online casino results. In its half -yearly report this week, casino revenues were the stars of the reporting period, showing a gain of 285 percent to SEK 26.3 million (H1…

August 28, 2008 (InfoPowa News) -- Having failed to secure release from custody on bail due to health problems, BetonSports founder Gary Kaplan's legal representatives renewed their application for his release on Speedy Trial Act grounds this week.  Almost seventeen months in detention without trial proceedings is excessive, suggest the lawyers, an argument that could…

August 28, 2008 (InfoPowa News) -- The controversial Bodog group remained in the headlines this week following allegations that the company was in trouble and cutting hundreds of jobs in Canada (read previous story here). In sharp contrast to a very positive statement given to InfoPowa by Morris Mohawk Group's CEO Alwyn Morris earlier in the…

August 28, 2008 (InfoPowa) -- Engaging and communicating with a range of online gambling parties is the motivation for the latest initiative launched by the independent affiliate program Income Access, which has announced the introduction of an online video channel and industry blog. (Remember, you heard it at CAP first.)  The company says that its…

August 28, 2008 (InfoPowa) -- Silva Ford Technology Limited, a Chinese software distribution company, and BaiYou Digital Technology Company Limited, which has prepaid card interests in Asia, are to be included in the Dynasty stable following a complicated reverse takeover exchange of shares that will ultimately see the Dynasty group renamed as "PC Stars Inc."…

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…