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Crypto Logic renews with Inter Casino and Inter Poker, loses Ritz club

Cryptologic's share price gained ten percent this week when it was announced that the company had extended a contract with a top online casino. The company's largest customer, which operates several...

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Arrests Won't Hurt Online Casinos

FORT WORTH, Texas - One day after federal officials announced indictments of operators of an offshore Internet gambling site, there were signs of how difficult it will be to prosecute the case.A...

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Playtech wins UK betting contract

The company will supply software for the operation of two online casinos.Playtech Cyprus Ltd. (AIM:PTEC), controlled by Teddi Sagi, announced last week that signed a contract to provide software to...

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Debate swirling around Web's 'virtual casinos'

More than 2,000 Internet gambling Web sites allow anyone with an Internet connection to place bets around the clock."It's having a virtual casino in everyone's home, whether it's hosted by someone here...

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Targeting gambling on Net

Frist may have right idea but wrong way to go about it.The Internet gambling industry — headquartered almost entirely offshore — is an estimated $10 billion a year business. And it's one in which some...

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Ritz Club closes gaming Web site

LONDON  - Ritz Club, a gaming club at London's upmarket Ritz Hotel, said it had closed its online gaming site amid legal actions against the sector in Europe and the United States."In light of the...

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Irish eyes look to multi-lingual online casinos

PADDY Power is considering the launch of a new casino in Ireland as well as the introduction of gaming websites in Italy, Spain and Poland, the company revealed yesterday. The move into continental...

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Ryanair strikes deal with online bingo firm

Ryanair said on Wednesday it had formed a gaming partnership with Internet bingo group Jackpotjoy.com, adding another new revenue stream as it seeks to boost cash flow from areas other than ticket...

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Online casinos 'used to launder cash'

Critics say laws that were meant to stop criminals abusing gaming sites are not working properly  ONLINE gaming sites have created a money-laundering “arms race” as criminals try to exploit internet...

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PartyGaming to shed 80 more, this time in Gibraltar

Staff at the Gibraltar branch of the PartyGaming operation were yesterday told that 80 roles out of some 332 currently in place will go following the US decision to ban online gaming  The company has...

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Aussie online casino operator sheds staff

Lasseters Corporation Ltd announced that it has closed it's Brisbane customer service operation. Its client care will be handled at Alice Springs it's MIS Operations facility.A source at the company...

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Online gambling landmark ruling in SA Court.

Johannesburg based daily The Citizen report that Online Gaming Operators and end users may face fines of up to R10 million (aprox.US$1.4 million) and 10 years in prison following a landmark ruling in...

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Las Vegas Sands to launch Online Casino

The Las Vegas Sands Corp is the No. 1 US casino company by market value and it plans to launch a UK focused casino Web site. Working with Cantor Gaming, The Sands expects to open its casino gambling...

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Time Magazine 'Person of the Year' Launches Online Poker Room

Time Magazine 'Person of the Year' Tila Tequila  has partnered with Playtech to launch an online casino and poker room.Tila Tequila  gained popularity mainly through her MySpace page, which has...

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FBI pays virtual casino a visit.

American authorities have been extremely busy since the U.S. senate passed the Unlawful Internet Gambling Enforcement Act in October 2006.The Department of Justice and FBI, with the help of law...

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