Online Casino and Gambling News: February 2012

Three Online Betting Companies Sign Horseracing Sponsorships

Online betting sites Betfair, Blue Square, and Ladbrokes have all announced that they have signed individual sponsorship deals for various horseracing events.

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Nigerian Man Arrested In Internet Lottery Scam

Law enforcement authorities in Bangalore, India have announced that they have arrested a Nigerian man along with two other local men for their roles in an internet lottery scam.

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Atlantic City Has Bad January

The New Jersey Division of Gaming Enforcement has released the January numbers for Atlantic City, however the numbers are not encouraging for the city's 11 casinos.

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Everleaf Poker Offers No Answers For U.S. Withdrawal

Two days after telling players that it is leaving the U.S. market, Everleaf Poker still has not stated its reasons for pulling out, nor has it stated its plans for allowing players to cash out.

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Malaysian Police Busy With Gambling Busts

Malaysian law enforcement authorities have been busy early this year in breaking up illegal gambling rings, with a total of 167 raids being recorded thus far.

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Betsson Releases Fourth Quarter, Full Year 2011 Results

Online gaming group Betsson has released its fourth quarter and full year 2011 financial results while highlighting the company's strong results in the report.

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Portugal May Legalize Online Gambling

An unnamed source in the Portuguese Ministry of Economy has stated that the government is planning to legalize online betting in order to collect up to €250 million.

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Pokerstars Gets Malta License

Online poker giant PokerStars has announced that it has been granted a Malta online gaming license.

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Global Online Gambling Revenues Up

Worldwide internet gambling revenues rose to $419 billion last year, and is expected to continue to grow, a report by Global Betting & Gaming Consultants claims.

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Net Entertainment Releases Fourth Quarter, Year End Results

Swedish online gambling giant Net Entertainment released its fourth quarter 2011 and full year financial results today, with an emphasis being placed on the company's continued strong growth.

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