Online Casino and Gambling News: January 2011

German gambling developer and supplier, JAXX SE formerly JAXXAG announced its highest quarterly revenue results in the history of the company. The company posted a consolidated revenue of €41 million in Q4/2010 (Q4/2009: €37.3 million) an increase of 10%.

Creating more than a frisson of interest this week, the Dutch News.nl website reported that Dutch junior finance minister Frans Weekers has revealed that the Netherlands government is considering selling off the state-monopolised Holland Casino group.

The ongoing procrastination by the South African government over the legalisation of online gambling again came under the spotlight on ITWeb's blog this week.

SNAI SpA, Italy's biggest sports-betting manager and racetrack, has been bought out by Italian investment company Palladio Finanziaria and European private equity firm Investindustrial.

Canadian online gaming provider, Chartwell Technology has announced its audited financial results for the year ended October 31, 2010.

With the growing likelihood that state, rather than federal, initiatives will determine the future of online gambling in the United States, several major companies have joined together to advocate legalisation.

Online gambling giants, PartyGaming PLC and bwin Interactive Entertainment AG shareholders held separate Extraordinary General Meetings today and have announced the approval of the anticipated merger.

The Irish Times reports that in the very near future a tax on internet betting will be imposed, along with a licence fee that will be required before online gambling operators will be permitted to access the Irish market.

An agreement between the Alderney Gambling Control Commission (AGCC) and Nevada Gaming Control Board (NGCB) has laid down a framework for co-operation that will see the gaming regulatory bodies sharing information, expertise, knowledge and skills including exchange visits and training.

The much anticipated Aussie Millions AUD$250,000 Super High Roller No Limit Hold'em Event played out at the Crown Casino in Melbourne, Australia today (Thursday). American veteran poker pro, Erik Seidel (51) emerged the victor heads-up against Englishman Sam Trickett (24) in the Aussie Millions AUD$250,000 Super High Roller event and pocketed AUD$2.5 million for his efforts.