LCG looks to raise £8m to secure future
- Mar 22, 2011
The London Capital Group is looking to raise £8m through the issue of new shares in order to ensure it continues trading at current levels without disruption.
Read More . . .
World Gaming News
- Home
- World Gaming News
-
-
Greece drops egaming black period
- Mar 21, 2011
The Greek government has dropped the proposed black period from the draft egaming bill it presented to its parliament last week, which would have required applicant operators to cease activity in the market until approved.
Read More . . . -
Greece opts for gross profits tax
- Mar 11, 2011
The Greek government has voted for a 30% gross profits tax (GPT) on online gaming, eGaming Review understands, rejecting the 6% turnover tax proposed in its initial draft bill.
Read More . . . -
Feds lobbied for single-sport betting
- Mar 9, 2011
The late Shaughnessy Cohen lobbied with help from Herb Gray to overturn a provision based on 611-year-old English common law that forbade gambling with dice.
Read More . . . -
Betfair joins UK offshore exodus
- Mar 8, 2011
Betfair has become the latest operator to move offshore to escape the UK’s 15% gross profits tax and will save close to £20m a year.
Read More . . . -
Record net gaming wins for 32Red
- Mar 8, 2011
32Red doubled its profits before tax and posted record net gaming wins last year, the Gibraltar-licensed company revealed in its results for the year ended 31 December 2010.
Read More . . . -
Paddy Power COO pledges European growth
- Mar 7, 2011
Paddy Power’s increased online focus and investment has paid off after the Irish operator announced record annual results this morning.
Read More . . . -
The Spanish Gambling Bill – EU Submission Propose License Restrictions
- Mar 4, 2011
We can now reveal, in conjunction with the leading Spanish law firm ECIJA, that a draft EU Submission concerning the future of the online Spanish Gaming.
Read More . . . -
Paddy Power reviews LCG agreement
- Mar 1, 2011
Paddy Power has informed the London Capital Group that it is reviewing its white-label spread betting agreement with the AIM-listed company.
Read More . . . -
Failure to manage JV biggest risk of year, says William Hill
- Feb 25, 2011
Failure to effectively manage its joint venture with Playtech has been identified as one of the biggest risks William Hill faces this year, Britain’s biggest bookmaker has revealed during its annual results this morning.
Read More . . . -
Sportingbet lines up Greek/Spanish licences
- Feb 24, 2011
Sportingbet will apply for licences in Greece and Spain in a bid to maintain its leading position in those markets, suggesting a move towards a dot.country business model in the next year.
Read More . . . -
Gamblers' Odds on Middle Eastern Leaders' Futures
- Feb 23, 2011
Last year, more than 50,000 users logged onto Intrade, the world's largest prediction market site, to bet on "markets" ranging from elections to the Academy Awards.
Read More . . .
