‘Geography - USA and Canada’ Archives
Commission Issues Preliminary Report
As part of its formal investigation into US laws on Internet gambling, the European Commission has issued a preliminary report asserting that the current American rules are discriminatory and legally unjustified.The report found that the treatment of foreign Internet gambling operators by US authorities under existing domestic laws constituted a [...]
GTech Dreams On With New Deal
Leading American gaming technology and services firm GTech Corporation has announced the signing of a multi-year licensing agreement with rock band Aerosmith.GTech is a subsidiary of leading commercial lottery operator Lottomatica and its new deal gives it the exclusive rights to utilise one of the most powerful and iconic brands in the music [...]
FremantleMedia Invests In Casual Games Developer
International production firm FremantleMedia Limited has announced a strategic minority equity investment in Ludia Incorporated, a leading interactive casual games developer and publisher.London-based FremantleMedia is one of the largest creators and producers of global entertainment brands including television programmes such as Pop Idol, The [...]
Gambling Prohibition Costing America Billions
In America, the Safe And Secure Internet Gambling Initiative (SSIGI) has revealed that the Federal Government could receive over $50 billion in revenues over the next decade by legalizing and regulating online gambling.Jeffrey Sandman, Spokesperson for the Washington, DC-based pro-gambling lobby group, stated that a recently updated [...]
WPT Releases 2008 Results
World Poker Tour Enterprises (WPTE) Incorporated has released its financial results for 2008 showing a decline in revenues for both the fourth quarter and the full-year.The California firm reported that revenues for the fourth quarter of last year fell to $2.6 million compared to $5.1 million in 2007 while those for the full-year plummeted 28.6 [...]
