The online gambling software developer Playtech plc has issued a trading update predicting that it expects to deliver a generally positive third quarter 2009, with a 12% rise in gross income to €31.9 million.

NetplayTV plc, an interactive television gambling group that is usually the bearer of acquisitive and good news for investors, has posted a £3.2 million loss in its half year results, due mainly to the one-off cost of restructuring the company to take advantage of the more liberalised television regime in the UK.

True to its boasts at the recent industry showcase EiG in Copenhagen, online gambling software provider Playtech has released the first two of a long series of new Marvel themed slots in the form of "Iron Man" and "The Incredible Hulk".

Globe Online reports that Livermore Investments Group Ltd., controlled by Noam Lanir, is suing Crown Solutions Gaming Ltd. and Uniplay International Ltd., both private companies controlled by Israeli tycoon and Playtech founder Teddy Sagi.

We’ve been hearing a few rumours around the traps this week regarding gaming industry heavyweight Sega launching their own branded online casino and poker sites. Initially we chalked this one up to baseless speculation but after digging a little deeper and being contacted by Sega themselves it turns out that there is indeed truth to the rumour.

"Up" was the operative word in Playtech plc's half yearly results published this week as the online gambling software developer continued to shine despite the difficult trading environment.

Playtech-powered Totesport Casino reports a major win on its Queen of the Pyramids progressive, where a Scots player collected almost £125,000 jackpot from a 25p stake.

Play United Casino, which recently switched software provider from RTG to Playtech issued an intriguing press release this week which gives an insight into new games ahead. Launching now at the online casino are two slots themed after the tremendously successful "Iron Man" and "The Incredible Hulk" Marvel super-hero smash hits.

Online gambling spoftware developer Playtech plc's shares dipped sharply by 20% when it released its second quarter numbers this week and revealed it expected full year earnings to be lower than expected. The company said this was partly due to the adverse general economic conditions, but more specifically to a slower than expected start for its online betting joint venture with William Hill plc.

One of the industry's largest online gambling software developers, Playtech plc, found itself among several companies named in a patent hearing in the UK in June and July. The case against the companies ultimately failed when the plaintiff's patent was adjudged to be invalid.