Ladbrokes attacks Swedish attempt to retain gaming monopoly
Sweden’s National Gambling Consultation (Spel Utredningen), the results of which were published last week, has been accused of taking a “protectionist and anti-competitive” stance by a major online bookmaker.
Spel Utredningen concluded that the that state-owned Svenska Spel gaming company should retain its monopoly over online interactive games, including online poker, casino games and bingo. The [...]
Television cash shortfall leaves poker TV company out of the game
The company behind major televised poker tournaments in the U.S. and around the world lost $4.4m (£2.8m) in the third quarter of 2008.
WPT Enterprises Inc yesterday attributed much of the 36% drop, to $2.8m (£1.8m), to a 37% fall in U.S television license fees which brought in just $900,000 (£564,000) over the three months, mainly [...]
Shares in sports book clearing house Betbroker are suspended
Trading in shares in Betbrokers plc, the parent company of the UK brokerage and clearing house serving the sports betting industry Betbrokers Limited, was suspended this morning.
The move follows the placing of Betbrokers into administration on Friday. The company has suffered from a lack of available funds in its clearing house account which severely restricted [...]