CryptoLogic boosts earnings, signs Asian agreement
Gaming software developer Cryptologic reported that it had boosted revenue of $17.5 million and net income of $2.4 million for the third quarter ended September 30.
Abstract from www.ateonline.co.uk
Swedish government rejects Spel application
The Swedish government has rejected Svenska Spel’s application to expand its online poker services, saying it should devote more time to an internal, ongoing investigation into its existing licence, due in June 2008.
Abstract from www.ateonline.co.uk
French minister discusses EU online resolution
The French minister for European affairs, Jean-Pierre Jouyet, confirmed he had met with EU internal markets commissioner Charlie McCreevy to discuss resolving the EU’s legal proceedings over France’s online sports betting restrictions. Jouyet continued by saying that he expected a resolution by March.
Abstract from www.ateonline.co.uk
Bwin’s German ban overturned
Austrian gaming operator Bwin has had a ruling which prohibited it from providing online gambling services to German customers overturned by the Administrative Court of Appeal in Hessen. The presiding judge said that there was a ‘practical impossibility’ enforcing a ban on internet gambling.
Abstract from www.ateonline.co.uk
Petter Nylander Released
Unibet CEO out on $288,000 bail and placed under investigation
Abstract from www.igamingbusiness.com