2008 April 18 Gambling News, Events and Happenings - Page 4

NORTHWOOD, Iowa Gaming revenues at Iowas casinos and racetracks increased only slightly in 2007, prompting casino officials to look to other sources of revenue.

LAS VEGAS In a town enthralled with its own mythology, Las Vegas would like to hold on to one myth in particular these days: Gambling is recession proof. It’s conventional wisdom characteristic of a city and an industry far more accustomed to boom than bust, but it’s just not true, experts say. Gamblers, whether motivated by compulsion or hope, don’t necessarily double down when the economy …

The 888.com World Poker Crown is just days away, with cards in the air at 2pm GMT on Saturday April 26. via RGT Online

Bwin Interactive Entertainment AG, probably Europe’s biggest private online sports-gambling company, may win a legal fight that threatens Euro 118 million in annual revenues, or a third of its take, reports the Bloombergs business news service this week.

Kudos to Swedish online betting group Betsson, which has stepped up to contribute to the real need for research into the impact and consequences of problem gambling in the industry.