Posts Tagged ‘PE’
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 [...]
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 [...]
192Business Launches German Verification Solutions
Leading customer identity verification solutions provider 192Business has launched a new German identification check solution using data from official sources such the nation’s largest credit reference agency, SCHUFA. The solution also uses information from Deutsche Post and Deutsche Telekom and will enable clients to verify the name, address [...]
