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Europe News - Page 114

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Russian Government Attacks Gambling Industry

News Brief: The Russian authorities, mayors, parliamentarians, high-ranking politicians, are launching a campaign against the gambling industry.

Norwegian Online Gambling Ban Finds Support

International News Brief: A parliamentary majority now supports the idea of forbidding Norwegian citizens from participating in gambling operations based on foreign-based web sites.

Public to Vote on Big Lottery

International News Brief: The public will soon be able to vote on where £65.5 million of National Lottery good cause money goes through People’s Millions, an initiative launched by the Department of Culture, Media and Sport on 3 June.

Jowell: New Lottery Game to Fund Olympics

International News Brief: Tessa Jowell, Secretary of State for Culture, Media and Sport, announced plans for a new National Lottery game to help fund the Olympic Games should London win the bid.

US Gambling Laws Threaten £5.5 Billion Float

International News Brief: Partygaming may be forced to pull its £5.5 billion London float as fears grow about the legality of internet gambling in the U.S.

Friends Become Online Poker Entrepreneurs

News Brief: Two technology entrepreneurs from India set to realise fortunes from floating the world's biggest online poker site are friends who met at university and took a risk on a new gambling venture.

Analysts: Online Gaming a Good Bet

International News Brief: Analysts estimate that revenues from the industry globally have doubled over the past three years to $9 billion. Some predict that within a decade it could be worth $125 billion.

Hungary May Help Casino Investors

International News Brief: The Hungarian government wants to help an investment group build a ‘small Hungarian Las Vegas’ in Bezenye.

Lottery & Wagering Solutions Reports Update on Russian Project

Lottery & Wagering Solutions Inc. reports that it had consummated an agreement disposing of its remaining interests in a project which it had entered into in October, 1997 to develop a hotel/casino in Yuzhno-Sakhalinsk City, Russia.

Camelot Frontrunner for Lottery Contract

International News Brief: Camelot, a once-reviled company, could beat the odds and get the U.K. lottery contract a third time.

UK Casino Firms Plan 100 New Casinos

International News Brief: U.K. gambling bosses are trying to take advantage of a loophole which could result in a huge number of gambling dens opening on Britain's high streets before the new Gambling Act comes into force.

U.K. Cities Fight for Super-Casino

International News Brief: London is facing a battle with Manchester to be the home of a Las Vegas-style super-casino.

Public Gets Say Over UK Lottery Cash

International News Brief: The public could be set to get a say on where the remainder of the National Lottery's money goes.

NFL Probing United's Casino Plan

News Brief: The National Football League have admitted Manchester United's plans to build a casino next to Old Trafford is a ‘potential issue’ for new owner Malcolm Glazer.

Blackpool's Neighbor Plans Casino

International News Brief: Stanley Casinos and The Island entertainment complex in St Anne’s on the Lancashire coast are in discussion to create a massive leisure centre that could be built before neighbouring Blackpool has realised its dream of becoming Britain’s primary gambling destination.

Casino Deal May Complicate Glazer's Plan

International News Brief: Manchester United says it has signed an agreement to develop a resort and casino. Such a project could create a dilemma for the Bucs owner because of NFL rules.

Russian Mobile Casino Game Deal Signed

International News Brief: The Russian largest mobile operator MTS has signed a contract with Jupiter Trade content provider to expand the range of mobile casino games, Biznes economic daily reports.

PartyGaming Puts £5bn on Its Flotation Value

International News Brief: PartyGaming, the world's largest online poker company, is understood to be confident of a valuation of more than £5bn should it decide to float on the stock market.

pokerzone: Tuning into the UK Poker Explosion

pokerzone is the UK’s new poker and casino lifestyle entertainment channel available on SKY Channel 226 and global broadband.

Albania Upholds Hyatt As Winner of Tirana Casino License

International News Brief: Albania yesterday rejected a complaint by Greece’s Club Hotel Loutraki, the loser in the battle for a casino license in the capital Tirana, saying the process was legal and transparent.

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