Online Casino and Gambling News: October 2010

Bipartisan calls for Nevada to dominate online gambling

With the US Congress mid-term elections looming both Republican and Democrat politicians have been jockeying for position this week, and in Nevada one of the hot topics has been the legalisation of online gambling.

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Leisure & Gaming placed in administration, Betshop sold

Leisure & Gaming (LNG) has been placed into administration with its principal asset, Betshop Group (Europe) Ltd (BSG) sold as a going concern to Honeymead Services for €1 million. Honeymead Services is reportedly controlled by a syndicate of investors which includes Gabriel Chaleplis , a director of BSG. Leisure & Gaming says "selling BSG as a going concern has safeguarded the jobs of more than 600 agents and employees in Italy, Greece, Cyprus and the UK".

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Atlantic Lottery Corporation retreats from internet gambling plan

The trend amongst Canadian provinces for provincial lottery organisations to launch online gambling services was disrupted this week by the announcement this week from The Atlantic Lottery Corporation that it will not be offering internet gambling to the residents of the five provinces that it serves, namely; Nova Scotia, New Brunswick, Newfoundland and Labrador and Prince Edward Island.

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Betsson reports increased Q3 revenue and profits

Swedish online gambling group Betsson AB reported another solid set of results in its third quarter interim report this week.

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Wagerworks unleashes the Curse of Frankenstein

WagerWorks, the online gambling games developer and subsidiary of IGT (UK), has launched two new video slots titled Pharaoh's Fortune and The Curse of Frankenstein.

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Bwin acquires Winners Apuestas from Betbull for €4m

The joint Spanish venture between Vienna listed Bwin Interactive and sports betting firm Betbull came to an end this week when the former company bought the Spanish betting enterprise, Winners Apuestas, from Betbull.

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Ladbrokes eschews French market

The online gambling partnership in France between UK gambling group Ladbrokes and French media group Canal+ appears to have reached its end this week with the news that the UK company has decided not to enter the French internet gambling market.

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Kentucky claims jurisdiction over Microgaming online poker network

Isle of Man based internet gambling software developer, Microgaming, is the latest international company to be added to the state of Kentucky's litigation list, according to reports surfacing in the United States over the weekend.

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Camelot closes lottery sales to non-UK residents

From 13 December 2010, a rule change by the UK's National Lottery run by Camelot will make it clear to players that they must be resident in the UK or the Isle of Man to be eligible and players will have to be physically present in the country when buying their tickets.

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Prince Edward Island Finance Minister says no to internet casinos

The possibility of Canada's Prince Edward Island joining a consortium of other Canadian Provinces within the Atlantic Lottery Corporation receded this week, when finance minister Wes Sheridan announced that the island would not be participating.

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