2008 May 16 Gambling News, Events and Happenings - Page 5

Fresh from its positive quarter 1 results announcement earlier this week, the online gambling turnkey provider and games developer Playtech plc has followed up with an impressive full year report for the year ended 31 December 2007.

Leisure and Gaming plc, the European betting group with extensive Italian interests released its full year results this week, accompanying the announcement with the appointment of a new financial director whose name will be familiar with industry veterans as a former director of the now defunct BetonSports.com - Richard Creed (52).

Delaware state legislators in the House of Representatives have passed a bill allowing sports betting in the state by 28 votes to 10 in an attempt to source further tax revenues. The proposed legislation is now on its way to the state Senate for further debate and voting.

Hopes that the state of Washington may be dissuaded from its policy of imposing excessive Felony C punishments on any of its citizens caught gambling online faded this week with the failure of lawyer Lee Roussos’s challenge to the law in a King County Court

Highly experienced online gambling industry executive Jim Ryan (46), who has occupied top positions with St Minver, Excapsa and Cryptologic, will be the new mover and shaker at Party Gaming, taking over as CEO from Mitch Garber when the latter departs the company later this year.

Online gambling group 888.com continued its energetic foray into diverse games partnerships as the week ended with its fourth deal - this one with the popular Internet game-server software developer Rival Powered. The company entered the industry three years ago and has provided gambling suites and backend systems for several online casinos, vigorously marketing its ‘i-slots’ games.