Posts Tagged ‘Online Gambling’
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 [...]
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 [...]
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 [...]
UIGEA Opposition Not Partisan
In America, the Chairman for the Poker Players Alliance (PPA) non-profit poker advocacy group, Alfonse D’Amato, has reacted strongly to suggestions that the issue of regulating Internet gaming is partisan in nature.The former three-term New York Senator wrote a letter to The Hill newspaper last week criticising an April 2 article entitled [...]
Sweden Plans To Block Online Gambling Sites
Sweden is considering plans that would limit its citizen’s access to foreign gambling sites in order to ensure the primacy of its own monopoly, Svenska Spel.According to a story from Swedish newspaper Aftonbladet, the plans are part of the recent Government-commissioned Nyren Report investigating proposals that could lead to a new controlling [...]
