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Racing Post is Sold

Posted on October 2nd, 2007 By Stephen Greene

Investment firm FL Partners, based in Dublin, has announced the aquisition of horse racing and betting publication “The Racing Post” from newspaper publishers Trinity Mirror for an estimated $340 million. The deal includes the publication with its website and some other titles in the betting buisness and will see some executive changes, with former editor [...]

Online Casino Group Claims a Major Award

Posted on October 1st, 2007 By Stephen Greene

Betfair, an online betting group announced that it took home the top prize at the third annual eGaming Awards last week in London’s Natural History Museum. Bet Fair is a leading online betting exchange and lets punters choose their own odds and bet against each other, even after an event is started. Bet Fair processes [...]

Game Time is On for Online Casino Takeover Bid

Posted on September 30th, 2007 By Stephen Greene

L&G (Leisure & Gaming), an online betting and gaming firm who operates successful brands such as Bet Shop and its Acropolis branded online casino, announced that its received a buyout offer from CGTV Games Limited, a Dublin based company. An exclusive agreement has been signed with CGTV, a global provider of casino and slots software, [...]

Table Games Deal Moves Into Place

Posted on September 29th, 2007 By Stephen Greene

PGIC (Progressive Gaming International, the biggest international supplier of integrated jackpot and casino management system solutions, announced that it has entered a secure deal for the sale of its table games devision to SM (Shuffle Master). Shuffle Master will aquire the assets of the world wide TGD (Table Game Division), including the world wide rights [...]

European Union Gambling Firms Issue with a $100Billion IOU

Posted on September 28th, 2007 By Stephen Greene

Europe’s leading figures from the online casino gambling industry have pressed the European Union to persue a compensation bid of $100 billion from the USA, after losses incurred as result of the UIGEA (Unlawful Internet Gambling Enforcement Act) of 2006. Since the introduction of UIGEA in October of last year, it has made it illegal [...]

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