Category ‘Gambling news’

Former Google Director and Electracade founder join sportsbetting firm

UK online sportsbook provider Openbet has appointed Nikos Kryvossidis as Senior Vice President to head up sportsbook operations and Mark Paling as Commercial Content Director.
Nikos, a former Google executive, will oversee the engineering, product development, creation and delivery of new products amongst other responsibilities.
Strengthening its operation team, OpenBet has also appointed Mark Paling as Commercial [...]

Liberalisation of the Spanish market might not take place in one initiative

Spanish politicians may have passed liberalisation laws on the nation’s internet gambling, but it appears there is no guarantee that these will be implemented in a single initiative.
The Guardian newspaper reports this week that analysts are concerned following indications from Spain that approval of online betting exchanges could be delayed.
The analysts reported that a conference [...]

New appointment will enhance retail operations

Richard Glynn, the new chief executive at online and land gambling group Ladbrokes, has wasted no time in strengthening his senior management team, with the Telegraph newspaper reporting Saturday that he had ‘poached’ Nick Rust, formerly md of the Coral group’s land betting shops in the UK.
There have been reports that the Ladbrokes retail business [...]

Public protection and the allure of tax revenues

Online gambling is apparently high on the agenda of Eastern European nations Romania and Moldova, primarily to generate tax revenues for the state, reports the publication Mediafax.
In Romania, Finance Ministry secretary of state Bogdan Dragoi, told Mediafax that online gambling might be regulated and authorised as a way to attract considerable sums of money to [...]

No Vegas Strip in Sandra Bullocks New Film “The Blind Side”

Okay, so maybe yours truly, Sweetie, has a soft spot for chick flicks after all. I mean, my name’s Sweetie for God sakes. Don’t ask me why I let them give me that pen name. Anyways, I’m a big movie fan, and lately, I’ve been hearing all this buzz about Sandra Bullock in this new [...]

Beal Bank to bail out Trump Entertainment

Just three months after Donald Trump vowed to save Atlantic City, the bombastic businessman is on his way out of town. The good news is that the biggest backer in the Trump Entertainment properties—billionaire Andy Beal—is ready to step in. Beal is perhaps best known in the gambling world for his series of multi-million dollar [...]

CNBC’s “Closing Bell” Debates U.S. Online Gambling Regulation

Once again, more media coverage is being given to the U.S. online gambling regulation debate, and this time around it’s none other than the popular financial news program “Closing Bell” on CNBC. Examining the topic “The Future of Online Gambling”, a discussion hosted by Melissa Francis involved two leading U.S. gaming industry analysts – Andrew [...]