Europe News - Page 147

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.

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

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.

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.

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.

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

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

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.

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.

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

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.

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.

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

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

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

Kerzner International has been granted a Certificate of Consent from the Gaming Board for Great Britain.

International News Brief: U.S. consortium BLB Investors is poised to make a possible offer of over 800 pence a share bid for British gaming firm Wembley.

International News Brief: The Trocadero in London's Piccadilly Circus is being earmarked as the home for the UK's largest casino.

International News Brief: A suspected Nigerian swindling gang is active in the Netherlands again with a new fake lottery trick.