Online Casino and Gambling News: October 2009

Store clerk in Texas indicted for lottery fraud

A Nepalese store clerk resident near Dallas, Texas palmed a $1.1 million winning lottery ticket presented by a customer, cashed it and then absconded, clearly hoping to enjoy his ill-gotten gains elsewhere, a criminal indictment in the Lone Star state alleges.

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Two progressive wins in as many months for one doubly lucky player

For most online gamblers, hitting a progressive jackpot just once is the experience of a lifetime, but there are on record numerous instances of particularly fortunate punters who have achieved multiple wins.

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888.com unveils £8.8m Pirate Millions slots jackpot

Itai Pazner, chief operations officer at online gambling group 888.com has launched a new £8.8 million jackpot game - an Internet gambling record - with a free £24 chance of winning it for online players.

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Right2Bet urges European bettors to petition for the right to wager freely

The online gambling group Betfair, and trade body the Remote Gaming Association are among the supporters of Right2Bet.net, an initiative that is inviting punters across Europe to register their vote and fight for their right to bet freely by going online and signing a virtual 'naked petition', uploading their own content and sharing viral videos with friends.

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Playtech trading update predicts solid third quarter results

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.

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Australian Productivity Commission recommends regulation of online gambling

The first draft of the much anticipated review of Australian gambling by the government's Productivity Commission was released this week, with some predictable conclusions, and some surprisingly practical suggestions regarding online gambling regulation.

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Party Gaming: Is the Dikshit sell-off linked to US ambitions?

The decision by Party Gaming founder Anurag Dikshit to sell off his remaining shares in the company not only caused a 12% dip in the share price this week; it ignited speculation as to the 36-year-old technology guru's motivation.

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Macau quarterly revenues up 22.3 percent

After months of slow business occasioned by the economic meltdown and political interference, Macau land casinos seem to be on an improvement curve, judging by the latest numbers from the Macau Inspection and Coordination Bureau.

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Right wing politician calls for Bulgarian gambling ban

Ivan Kostov, leader of the right-wing Democrats for a Strong Bulgaria political party in the eastern European nation, has called for a ban on gambling in Bulgaria, the regional news agency Focus reports.

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Update: Dikshit to cash in entire Party Gaming stake

Hard on the heels of this morning's story that Party Gaming founder Anurag Dikshit is to sell all but 38.8 million of his remaining shares in the group comes the news that the 36-year-old software whizz plans to walk away entirely.

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