Online Casino and Gambling News: October 2009

Ladbrokes £375 million rights issue fully subscribed

Investors still clearly like the Ladbrokes brand and potential judging by reports in the London business press this week that the last 5% of the company's £375 million rights issue has been taken up.

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Two charged in Internet cafe betting busts in Ohio

According to the Dayton, Ohio Daily News the local law enforcement in Montgomery County raided and shut down an Internet cafe which made online games of chance available to patrons on some 50 PCs.

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Skybet full year revenues up 9 percent

BSkyB online and interactive television gambling subsidiary Skybet has posted a full year rise in revenues of 9% to £48 million, noting that an easing of the interactive television income stream was compensated by an increase in online bets.

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Norsk Tipping joins problem gambling software trial

The IRGO-Spelinstitutet problem gambler online self-diagnotic software developed in Sweden is now being offered by the Norwegian state gambling monopoly Norsk Tipping. The new tool is designed to help gamblers determine whether they are at risk of developing an unhealthy addiction and is the subject of extensive Nordic trialling through Finland's Veikkaus, Svenska Spel, RAY, INL and Danske Spil.

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Feds go after payment processor Electracash's emails

The Baltimore City Paper reports that federal enforcement officials in Maryland continue to pursue Internet cash processor Electracash Inc., recently the subject of financial seizure orders based on allegations of processing online gambling transactions.

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Full Tilt Poker makes pre-emptive legal strike against Kentucky-style domain seizures

In an interesting parallel story to the Kentucky hearings, LexisNexis Butterworths reported on a legal preemptive strike through its domain name registrar but clearly aimed at the state of Kentucky - before a British court!

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Submissions heard in Kentucky Supreme Court domains appeal

The main focus of industry interest as the week ends was Thursday's Kentucky Supreme Court hearing on whether the state government has the jurisdiction to seize 141 international domain names owned by online gambling companies based beyond the reach of Kentucky enforcement.

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UK Gambling Commission keeps an eye on suspicious sportsbetting

The protection of the integrity of sport in the UK is receiving the Gambling Commission's close attention, although there were relatively few suspicious betting transactions during the period September 2007 to June 2009, and most of those were flagged by betting site operators themselves.

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Microgaming's inaugural grand slam of slots final begins

Online gambling software provider Microgaming has revealed that the much anticipated grand finale of the Grand Slam of Slots online tournament begins today (Thursday) and in nine days will deliver a single victorious player. On 2nd November, that player will be a million euros richer.

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Organised crime family allegedly involved in New York-based sportsbetting ring

Justice Department authorities in New York announced this week that 30 people have been indicted in a half-billion-dollar gambling operation allegedly based in the city and involved with organised crime, reports NY1 News.

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