PartyGaming Posts Full-Year Profit on Bingo, Casino Games

March 12, 2011

PartyGaming Plc (PRTY), the Internet online gambling company planning to merge with Bwin Interactive Entertainment AG, made an announcement of a full year profit as revenue has substantially grown in the casino and bingo gaming sector. The overall income for the company was reported at being 38.9 million euros ($54 million net), or 9 cents [...]

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Betfair joins UK offshore exodus

March 10, 2011

Betfair (LON:BET) has decided to escape the 15% gross profits tax in the UK by moving offshore to operate under a Gilbraltar license; a move that will save them close to 20m GBP. The news was announced in the company’s third quarter results. This move is following the footsteps of two rival gaming operators, William [...]

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Sony Xperia Play Confirmed

February 25, 2011

The Sony Ericsson Xperia Play “Playstation Phone” has enjoyed much anticipation and rumours from users regarding its up and coming release. After Sony aired a Super Bowl commercial to announce its official release, Xperia Play is now a confirmed reality. Sony Xperia Play: Official Launch Slated for March 2011 The Xperia Play has a sleek [...]

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Paddy Power Shareholders Support Sportsbet Buyout

February 24, 2011

The shareholders of Paddy Power (ISE:PLS) have today voted almost unanimously in favour of buying the remaining Sportsbet shares that currently exist. Following the earlier general meeting in Dublin this morning, COO with the Irish operator, Breon Corcoran, told eGaming Review that the acquisition of the remaining 39.2% of the shares that exist, was supported [...]

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Spain Drafts Preliminary Gaming Law

February 12, 2011

The Spanish cabinet has approved a law in draft state to instill regulation on all kinds of remote gaming, including mobile gaming. The bill will be put in front of Spain’s congress before being passed along to the Senate and also the European Commission. It is expected to fully be put in place by the [...]

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Mobile Casino Games Increasing in Popularity

February 11, 2011

One of the top software providers in the bustling mobile casino industry, Probability has shown a record growth in sales for 2010. Probability is responsible for the operations of Paddy Power Mobile and several other mobile gambling related organizations. They have reported an increase in revenue by way of mobile casino deposits by over 35% [...]

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Mandalay Group to Sell Off Tournament.com

January 30, 2011

It was recently reported that the media group Mandalay, owner of Casino Choice and Costa Bingo, has decided to sell of their highly valuable domain name Tournament.com after making the decision not to carry on further inside the online gaming tournament arena. The owners of Mandalay Group, Alex Holt and Richard Skelhorn launched first person [...]

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Italy’s Online Gambling Revenue Booming

January 29, 2011

Italy is reporting an online revenue growth of over 28% in 2010 according to the Italian regulator AAMS’ sources, a number that is far greater than expected in the online gambling world. Italy’s Gambling Revenue: Rise of Tournament Poker According to sources most of the growth was due to a sharp rise in online tournament [...]

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Sony to release Playstation Phone

January 25, 2011

According to Bloomberg, Sony is slated to release its Playstation phone to the general public this coming February. This will no doubt put Sony into the forefront of the blossoming mobile gaming industry. With all of the new devices coming out at lightning speed, manufacturers such as Sony are finding clever and innovative ways to [...]

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Online Gaming Firms to Pay Tax in Ireland

January 24, 2011

It was announced this past week that big name players in Ireland’s online gambling industry including Paddy Power, Boylesports and other “intermediaries” such as Betfair will soon be responsible in paying proper betting taxes after news broke of the finance bill being passed this past week. Ireland’s Minister of Finance confirmed plans that he had [...]

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