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Europe News - Page 133

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Interactive Gaming Holdings, Sportingbet Team Up

International News Brief: Interactive Gaming Holdings says it has entered into a revenue-sharing deal on one of its 1,100 gaming Internet sites with leading online betting firm Sportingbet.

MGM Mirage, UK Developer Reveal Casino Plans

International News Brief: MGM Mirage and Manchester-based Peel Holdings are planning to build casinos in Manchester, Salford, Glasgow and Liverpool.

William Hill Launches Online Racecourse

International News Brief: William Hill has unveiled a Virtual Reality Racecourse, called Greenside Park to go live online tomorrow.

Online Casino Group Bets on Israeli Software

International News Brief: Gaming Corporation, an online casinos group, is in talks to buy an Israeli software house that would give it the technology to launch a wide variety of new interactive games.

Isle of Capri Still Interested in UK Investment

International News Brief: Isle of Capri groups has announced its backing for the UK Government's proposed relaxation of gambling laws, despite an influential committee of MPs and peers last week recommending restrictions on deregulation.

MEC Opens Austrian Track

Magna Entertainment’s new Austrian racetrack, Magna Racino successfully opened for its first day of live racing on April 4, 2004.

Mixed Reactions to UK Gaming Recommendations

Two major Las Vegas operators and a gaming analyst see the latest recommendations for gambling expansion in the UK as a positive for casino companies. Others aren’t so optimistic.

MGM Mirage UK Deal in Jeopardy

International News Brief: MGM Mirage said last night a recommendation by MPs to limit the number of slot machines could jeopardise its plans in the UK.

UK Bookmaker Campaign Backfires

International News Brief: A UK bookmakers campaign in favor of regulating users of betting exchanges backfired when the chairman of a key parliamentary committee said any changes should also apply to betting shop and on-course punters.

Casinos Win with UK Rule

International News Brief: Casino operators were chips in yesterday after the Parliamentary committee scrutinising gambling legislation rubber-stamped recommendations that the industry be deregulated.

U.S. Slot Stocks Off on U.K. Report

Shares of two major U.S. slot and video poker machine makers fell this morning as British legislators issued an interim report today recommending a more cautious approach to gambling deregulation than anticipated.

Europe's iTV Betting Market Forecasts €4 Billion Turnover

Europe’s iTV betting market is forecast to turnover €4bn by 2007 with gross margins of €709m, according to a report from market analysts Screen Digest.

iGGBA Welcomes Joint Scrutiny Committee Report

The UK interactive Gaming, Gambling and Betting Association welcomes the publication of the report by the Joint Parliamentary Committee on the Draft Gambling Bill and its critical support of the Government’s aim to offer a UK licence to remote gambling operators.

UK Racecourses, Attheraces Accused of Breaking Law

International News Brief: The UK Office of Fair Trading says racecourses have broken competition law by collectively selling television rights to the doomed Attheraces channel.

UK Government Urged to Rethink Deregulation

International News Brief: A cross-party committee of MPs is urging the government to water down its proposed dramatic loosening of controls on gambling.

UK Bookies Expect Record Grand National Betting

International News Brief: Bookmakers believe record sums will be bet on Saturday's Martell Cognac Grand National despite race-fixing allegations which have rocked the sport.

UK Report Supports Tighter Industry Controls

News Brief: Plans to establish a powerful gambling regulator will receive a boost today when a government report is published showing growing public support for tighter industry controls.

Sportingbet Forecasts Jump

International News Brief: Sportingbet forecasts a 90 percent jump in quarterly profit, exceeding its own expectations for the past three months.

Odds Cut on Blair Quitting

International News Brief: Bookmakers cut the odds on Tony Blair quitting before the next general election following the resignation of immigration minister Beverley Hughes.

British Police, Online Bookies Team Up

International News Brief: British police are working with online bookmakers to head off blackmailers threatening denial of service attacks.

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