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GTECH, Finland's Veikkaus Sign Joint Venture Deal

GTECH Holdings Corp. formed a joint venture with Veikkaus Oy, operator of Finland's national lottery, to develop and sell games and technology, with an emphasis on sports betting.

EU Restrictions to Face Challenges

International News Brief: European restrictions to cross-border gambling over the Internet will face a growing number of legal challenges and could fall away within the next three years, according to a lawyer who specialises in gambling.

Gambler Paid Back Money he Stole

International News Brief: A gambler who stole £14,000 from his optician employers has been sentenced to 180 hours community punishment after he paid all the money back.

Experts: Online Gambling Crackdown Unlikely

News Brief: Online-poker company PartyGaming has warned investors that the U.S. government could interfere with its operations, but observers say that's about as likely as drawing four aces in a game of five-card stud.

Lottery Funds Help Museum

International News Brief: The Tank Museum in Dorset has been awarded £344,000 by the Heritage Lottery Fund for a Supporting Collections Study Centre.

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.

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