2010 May 07 Gambling News, Events and Happenings

GORDON Brown raised the stakes in the biggest political gamble of his life last night as he desperately tried to cling onto power.

A young professional poker player from Hertfordshire who was said to have lost A 700,000 at cards put his trust in a rabbi, a High Court judge has been told.

LOS ANGELES, California — – World Poker TourA is returning to France for one of its premier European tour stops, WPT Grand Prix de Paris, presented by Party Poker , at Aviation Club de France.

The magazine of the Gambling Portal Webmasters Association has published a candid interview with the chief executive officer of player protection and standards body ECOGRA which clears up some of the misconceptions, and perhaps even misinformation, that has been posted about this industry body.
ECOGRA’s Andrew Beveridge was remarkably forthright in his responses to a set […]

Entraction, the Swedish publicly-quoted online poker network, yesterday said its net sales for poker fell 25 percent to SEK63.3 million in the first quarter of 2010 from SEK84.4 million a year previously.

Bodog Poker crowned its inaugural King of the Felt, “Ddsromero”, this past Thursday.

The debate around the U.S. legality of online “sweepstakes” continues to swirl around the gaming genre, with the New York Times publishing a useful examination of the phenomenon this week.
The article details the process whereby internet café owners sell phone cards encrypted with sweepstakes entries for Internet playtime, allowing customers to play graphic representations of […]

Online gambling software developer Cryptologic has released its first quarter 2010 numbers, showing a subdued performance with lower revenue than the previous quarter, but better returns from branded games and marked savings in costs.  
The company’s financial summary disclosed:
* Revenue of $7.6 million (Q4 2009: $9.9 million) reflected subdued wagering activity and reduced contribution from […]

Online gambling software provider Cryptologic has announced the appointment of Huw Spiers (46) as Chief Financial Officer.  Spiers replaces present incumbent Stephen Taylor, who returns to Canada after five years in Ireland.
Spiers, who will take up his responsibilities mid-August, is a Fellow of the Institute of Chartered Accountants in England and Wales, and brings more […]