Online Casino and Gambling News: September 2009

Paddy Power CEO forecasts expanded Internet gambling

The growing importance of Paddy Power group's online gambling operations was emphasised by CEO Patrick Kennedy in an interview with Bloombergs business news this week.

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Restructuring for terrestrial television knocks NetPlayTV half year results

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.

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Entraction to buy back €2.25m in warrants

The warrants to 2,500,000 class B shares in gambling group Entraction are being sold by the Global Betting Exchange Group (GBE), the parent company of Betdaq back to the company for a price SEK21 per share (€2.1) currently valued at around SEK 80 million.

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RGA slams claims that offshore betting moves will increase match-fixing risks

The online gambling industry has come out with guns firing following uninformed claims in the British press this week that UK sports face an increased threat of match-fixing as a result of the relocation offshore of major Internet gambling groups like William Hill Online and Ladbrokes.

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Iowa lottery CEO urges legislature to prepare for passing of HR2267

In a briefing to Iowa state leadership, the chief executive of the state lottery, Terry Rich, has opined that HR2267, a bill authored by Representative Barney Frank to legalise online gambling in the USA could be passed as a federal law. Consequently, it was important that Iowa should keep its options open and develop plans to "protect its borders" while Internet gambling legislation is being debated in Congress, he said.

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Gaming law amendments to tighten up Maltese land gambling

With parliamentary business on Malta back on track after the summer recess, the proliferation of betting shops on the Mediterranean island has been high on the debate list this week.

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William Hill CEO attempts to justify Gibraltar move

In what appears to be a public riposte to attacks on its move offshore by UK racing bodies, William Hill's CEO Ralph Topping this week expanded on the reasons behind the move, starting with the assertion that the online gambling business offers great opportunities but is intensely competitive.

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U.S. court denies Delaware sportsbetting appeal

The state of Delaware's appeal of a ruling that its plan to allow betting on professional sports violates a federal ban will not be heard, a federal court ruled on Tuesday, reports the Reuters news agency.

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Iron Man and Hulk slots launched by Playtech

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".

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Rival reveals Fixer Upper - a new DIY-themed iSlot

Internet gambling software developer Rival Gaming has followed its recent launch of the slots Spy Game and Moonlight Mystery with a new 20-liner branded 'Fixer Upper'. The new game is themed on home improvement - DIY and features a young couple trying to sort out a house for sale and profit, with players involved in the plumbing and painting as the game progresses.

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