In addition to IGT’s sock prices down almost 60% from their 52-week high of $49.41, Steve Morro, IGT’s Chief Operation Officer, announced his resignation. Taking into consideration these facts, you cannot but ask if IGT is doing well. However, a spokesperson for IGT denies all the rumors saying that the company is in a “restructuring [...]

The results of the independent UK consumer research conducted by PayPoint.net show that 81% of online gamers worry about their security risks they are taking, while 61% worry about what to do if they encounter a problem gambling online. No one will doubt the fact that players need to feel that their personal and bank [...]

In accordance with the latest survey conducted by the UK Gambling Commission both online and land-based options have increased. The survey shows that 8.8% of UK adults participated in at least one form of remote gambling in the last year, and this figure corresponds with the same percentage in 2007 which was up from 7.2% [...]

Three Florida residents, members of the same family, William (Bill) Hernan Lenis, 55, Manny Lenis, 29, and Will Lenis, 28, were pleaded guilty in a St. Louis federal court on charges related to online gambling. Lenis’ Mobile Promotion firm deployed a number of motor homes across the USA which were designed to advertise and promote [...]

Gambling at home via the PC and not feeling the real atmosphere of a live casino? Check out 1LiveCasino – the recently launched online gambling innovation broadcast from the Fitzwilliam Casino using Distance Gaming technology and including such games as Roulette, Baccarat, Texas Hold’em and Blackjack. The online casino offers live table that feature real [...]

With the UK gambling market liberalized, still there are problems. Mostly, it concerns taxation policies. Because of the double taxation present in the UK many gambling venues, both at land and online casinos, may be forced to go out of business. As a result, because of the high UK taxes hampering expansion, William Hill, one [...]

Interestingly, but not having passed the planned online casino gambling tax legislation, the Polish government is already looking for the ways to spend the revenue from taxing the industry. It must be noted that the European gambling market is getting more and more liberalized, since lots of governments have understood that it’s better to join [...]

Fast and secure online payment, withdrawals and money transfer services are now available via a recently launched new online bank called Ivobank. It is considered to be the first independent bank to launch since 2001 and the first online bank to be authorized by the Financial Services Authority. Being specifically designed with the gaming community [...]

Online gambling is a major force that exists whether it is outlawed or not. It is believed to present the potential danger if it is not regulated. It is the result to which the University of Nevada in Las Vegas and the University of Western Ontario in Canada came in the course of their study. [...]

Playtech, widely known in the world of online gambling as the software provider, has announced revenues for the second quarter. They totaled to $42.4m (€21m, €27m) – that is 75% up on the same period last year, and 9% on the previous quarter. Playtech’s Asia revenues increased 93% year-on-year. As the company reports, future growth [...]