‘Geography - Europe’ Archives
Jaxx Improves Bottom Line
Altenholz-based online gambling and betting provider Jaxx AG has announced its financial results for the three months ending in March - showing a four percent year-on-year rise in consolidated revenues to €29.3 million from €28.2 million. The gaming specialist saw earnings before interest, tax, depreciation and amortisation (EBITA) hit [...]
Virgin Deal For Virtue Fusion
Virgin.com Limited has announced that it will be relaunching its bingo offering through its VirginGames.com portal using software from Alderney-licensed online bingo and gambling platform provider Virtue Fusion Limited. Virtue Fusion is one of the world’s leading suppliers of Internet bingo solutions and its network operates on an aggregated [...]
William Hill To Quit Spain
Citing regulatory and economic problems, British gambling group William Hill has announced a ‘gradual withdrawal’ over the coming months from its Victoria Apuestas joint venture in Spain with local gaming machine operator Codere. William Hill revealed that Victoria Apuestas opened its first outlet in Madrid in April of 2008 and now trades [...]
European Union Investigating Dutch Prohibition
A letter from Dutch Justice Minister Ernst Hirsch Ballin warning banks that they could be prosecuted for accepting payments from online gambling sites has prompted an investigation by the European Union. Under current Dutch law, firms offering online gambling services in the nation must have a permit but all such activities are currently [...]
Bwin Business Booms
Leading betting and gaming provider Bwin Interactive Entertainment AG has released its financial results for the first quarter of 2009 showing a 11.1 percent year-on-year rise in net gaming revenues to a record €102.1 million. The Austrian firm reported that this figure represented a 1.1 percent increase on the final quarter of 2008’s €101 [...]
