Posts Tagged ‘Gambling’
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 [...]
Delaware Legalises Sportsbetting
Delaware has become the first American state east of the Mississippi River to legalise sportsbetting in the hope of raising over $50 million a year to help with a projected $778 million budgetary shortfall. The small state’s Senate passed legislation last week by a vote of 17 to two with two abstentions that legalised sportsbetting before [...]
Fun88 Launches Entertasia Casino Software
Asian virtual entertainment brand Fun88 has announced the launch of a new live gaming online casino service at Fun88.com powered by software from gaming platform provider Entertasia Technology Company Limited Fun88.com now features a live gaming casino offering in addition to its competitive sportsbetting service, which Fun88 predicts will be [...]
Sportsbetting Success for Unibet
Malta-based online gambling operator Unibet Group has announced its unaudited financial results for the first three months of 2009 showing an 87 percent increase in profits after tax year-on-year to £9.96 million. The figure was a 14 percent rise on the firm’s results for full-year 2008 and was helped by 25 percent growth year-on-year in [...]
