2010 July 31 Gambling News, Events and Happenings

Five hooded suspects with bandannas covering their face robbed a high-stakes poker game early Thursday morning leaving with $15,000, jewelry and electronics.

Spearheaded by Team Captain Victor Ramdin, the Pros were made to sweat as the Challengers pushed them all the way before falling at the last, 18-17. Entering the half-way stage of All Star Week in 2010, and the contrast in fortunes for the Pros couldn’t be starker.

Jason Senti, who lives in St. Louis Park, quit his job as an electrical engineer to play poker full time.

Gaming Laboratories International, an independent and international software testing agency, has hired a new development representative to work with suppliers and regulators in the Asia. Andrew Choi will be based in the company’s GLI Asia office in Macau. He holds a Bachelor’s degree in Mechanical Engineering from Kookmin University in Korea and most recently served […]

Embattled online gambling group Leisure and Gaming has announced that it is to sell its Betshop subsidiary, which includes Betshop.com, Betshop.gr and Betshop Italia.com in addition to land retail betting shops in Italy and Cyprus. L&G has been suffering from cash flow difficulties which resulted in trading on the AIM exchange being suspended in May […]

GTechG2, the Lottomatica subsidiary that develops internet gambling software and includes Boss Media, Dynamite Idea, Finsoft and St Minver, is one of the star performers in the second quarter 2010 results just released by the parent group. First-half 2010 revenue contributions from GTech G2 were approximately Euro 36.7 million, up 6.5 percent versus the prior […]

The Swedish online gambling group Betsson AB has reported a solid Q2/2010 set of results showcasing a 29 percent rise in revenues to $49.1 million. The latest numbers follow a Q1 rise in revenues of 17 percent. Operating income in the second quarter rose by 43 percent over the corresponding period last year to $11.9 […]

Charges against a 71-year-old Wilkes-Barre bar owner in Pennsylvania of facilitating online sports betting are nearing finalisation following negotiations on a lesser felony. The legal representatives of bar owner Patrick Patte Jnr., filed a guilty plea to an illegal gambling charge of transmitting wagering information using wire communications, which replaced an earlier conspiracy accusation, according […]

The recent award of a French online gambling licence to Jeux365 has had a positive spin-off for white label sports book provider OddsMatrix, which had to be recognised as compliant with ARJEL requirements before the licence application was successful. In a statement this week, OddsMatrix notes that the ARJEL accreditation “…fully acknowledges OddsMatrix’ technical expertise […]