2006 September 01 Gambling News, Events and Happenings - Page 4

(PRWEB) September 1, 2006 — A new web service dedicated to provide playing rules, tips and tricks gives away information packages on how to gamble, different kind of gambling styles and what gamblers should really know before making a bet.

Hampshire, UK (PRWEB) September 1, 2006 — Total mobile gambling revenues (involving casinos, lotteries and betting) in the Asia-Pacific region are set to rise from $966m in 2006 to $8.

The leisure group Rank today said it would cut 200 jobs from its Mecca Bingo division and close its London head office with the loss of 40 senior management posts.

Mecca Bingo and Hard Rock Cafe owner Rank posted a 3% fall in profits today as the smoking ban in Scotland took its toll. (01/09/2006 12:19:21)

LEISURE group Rank said today that it had launched a “strategic review” of its Hard Rock Cafe chain and cut costs elsewhere in its business as it posted a three per cent fall in first-half profits today, hurt in part by the smoking ban in Scotland.

LONDON (Reuters) - Scotland’s five-month old smoking ban is hitting pubs and bingo clubs, two companies reported on Friday, giving investors more clues what to expect when similar legislation comes into force in England next year.

0753 GMT [Dow Jones] Rank (RNK.LN) shares -2.7% at 207.75p following 1H results. “Overall figures are in-line,” says a trader. However trader notes that the decline in the Bingo division and the impact of the smoking ban are being seen as a negative.

LONDON (MarketWatch) — Rank Group shares declined in London on Friday after profit at its bingo operations were hurt by a recently introduced smoking ban in Scotland, and it failed to provide more detail on a strategic review of its Hard Rock chain of cafes.

Pressure is building for state regulators to issue more casino licenses, even before construction is finished on Iowas newest riverboat gambling…