Online Casino and Gambling News: August 2012

Ladbrokes First Half Digital Results Sag

UK based wagering giant Ladbrokes revealed its first half 2012 financial results due to a poor performance by the firm's digital operations.

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Full Tilt Owes Pro Player Millions

A prominent online poker professional told online poker site CardPlayer that his account balance was around $7 million before the site was crippled by the Black Friday indictments.

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Betfair To Offer Amaya Games

Internet wagering software developer Amaya Gaming has announced that it has entered into a three year licensing deal with Betfair , which will see the online betting exchange offer Amaya's gaming library through its Arcade.

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Bovada Launches Mac Software Package

Internet based wagering site Bovada has announced that it has released a Mac poker client that carries the same features of its popular PC client.

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Macau Grows At Slowest Rate In 3 Years

The island gambling mecca Macau grew at its slowest rate in three years, but still beat industry analysts who predicted flat or negative growth.

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Portugal To Adopt Online Gambling?

A report in the Daily News Portugal newspaper states that Portugal is viewing online gambling as a potential source of tax revenues for the cash strapped country.

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Absolute Poker To Surrender Assets To U.S.

Amid all of the news of fellow poker firms Full Tilt Poker and PokerStars reaching deal with the U.S. government, fellow poker company Absolute Poker also announced that it has struck a deal with the government which will see it forfeit their assets.

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Full Tilt Exec Surrenders To U.S. Authorities

Full Tilt Poker's payment processing executive Nelson Burtnick surrendered to U.S. authorities on Tuesday, marking another sudden development in the poker company's dealings with the federal government.

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Pokerstars Releases Details Of DOJ, Full Tilt Deal

Online poker giant PokerStars has released a statement regarding the deal it struck with the U.S. Department of Justice which will see it acquire the assets of Full Tilt Poker.

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