PartyGaming investors have learned, governments can change the odds
- Apr 7, 2011
First the firm ran afoul of US laws, now the share price has been hit by a rise in betting tax in Germany.
Read More . . .First the firm ran afoul of US laws, now the share price has been hit by a rise in betting tax in Germany.
Read More . . .ChiliPoker’s latest innovation, Chiliconnect, has gone live allowing players to integrate their poker accounts with Facebook and Twitter.
Read More . . .Governments can capture more activity and tax revenues under a dot.country regulatory regime if they opt for a gross profit tax (GPT) of less than 15%, according to H2 Gambling Capital.
Read More . . .Betfair is to lose two senior executives in the coming weeks including the first CEO of its financial betting exchange start-up LMAX.
Read More . . .Poland moved a step closer this week to regulating online sports betting while outlawing all other forms of online gaming in the country, including poker, casino and slots.
Read More . . .Gigi Levy is aiming to push Pacific Poker into the top five dot.com networks for cash game traffic before the end of the year.
Read More . . .The newly combined entity of bwin.party digital entertainment began trading today with an opening share price of £1.94, after the merger between PartyGaming and Bwin was completed.
Read More . . .Irish betting firm Paddy Power welcomed the launch yesterday by the European Commission of a major public consultation on online gambling within the region.
Read More . . .Casino owner Wynn Resorts Ltd has announced a partnership with Pokerstars in support of federal egaming legislation in the US.
Read More . . .Sportech’s annual pre-tax profit has suffered a 20% downturn due to its lengthy nine-month acquisition of US pari-mutuel and tote business Scientific Games Racing last year.
Read More . . .Bwin has published its last set of annual results before its impending merger with PartyGaming, ending its stint as a single entity with record levels of sports betting turnover.
Read More . . .Unibet chief Henrik Tjarnstrom has blasted the French government’s decision not to reform egaming tax rates this year, and confirmed this has further delayed its re-entry to the market.
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