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Casinonews · 29.04.2007, 16:52

Bwin confirms Sportingbet takeover rumours
Austrian gaming company Bwin confirmed that it is in talks to buy online bookmaker Sportingbet, but said that discussions were at a 'very preliminary' stage. Shares in London-based Sportingbet rose by 15 percent amid takeover speculation, increasing the firm's market value to £255 million.

Merlin in £1 billion Tussauds deal
Legoland owners Merlin Entertainment Group has reached an agreement with Dubai International Capital to buy The Tussauds Group for £1.028 billion in cash. Dubai will receive a 20 per cent stake in the new company, which will form the world's second-largest visitor attraction group after Disney, according to Merlin's parent company the Blackstone Group.

BACTA calls for government to maintain status quo on B3 machines
BACTA has written to the government in a bid to secure a maximum stake of £2 for the new breed of Category B3 machines. In the letter to the DCMS' head of gaming David Fitzgerald, the industry body said the adjustment would allow the industry's current 'status quo' to be maintained. For the full report see this week's Coinslot, released today (Thursday).

Sportech and Ladbrokes discussing £50m pools merger
Littlewoods Pools owner Sportech is holding talks with Ladbrokes over a proposed £50 million deal to buy Vernon Pools from the bookmaker. If successful, the merger would give Liverpool-based Sportech roughly 90 percent of the UK pools market, with over 750,000 customers each week.

Bingo Association launches safeguard campaign
The UK Bingo Association is preparing a campaign entitled "Stop Destroying My Bingo", which will ask England and Wales' 3 million regular bingo players to sign a petition urging the Government to safeguard the future of the game. The Association is arguing that bingo clubs are not getting a fair deal under the current tax laws and the upcoming smoking ban would result in a massive downturn for the industry.

Youth gambling resources launched
A series of specially designed free gambling educational resources aimed at 11-19 year olds has been launched at the House of Lords today. Funded by the Responsibility in Gambling Trust (RIGT), the resources entitled 'You bet!' and 'Just another game' are described as practical resources for professionals working with young people.

William Hill rules out Rank interest
UK Bookmaker William Hill has ruled out a bid for gaming company Rank after announcing a profit increase of 47 per cent for 2006. Chief executive David Harding said that a takeover was not on the agenda, explaining that because of the current climate in both the bingo and casino industry it was increasingly unlikely that multi-platform gaming businesses would evolve in the next few years.

Italian betting monopoly declared illegal
The European Court of Justice has ruled that Italy's use of criminal law to stop gaming companies licensed in other European Union nations is illegal. Massimiliano Placanica and two other shop operators who allowed people to place online bets with the UK's Stanley Leisure had faced criminal charges under Italian law because Stanley didn't have a local gaming license.

Caborn and Crow to appear before Lords select committee
Richard Caborn MP and the former Chairman of the Casino Advisory Panel Professor Stephen Crow will be appearing before a House of Lords select committee scrutinising the Draft Gambling (Geographical Distribution of Casino Premises Licences) Order 2007 next week. The Committee will assess how the selection criteria was chosen in order to improve understanding of how the selection process was carried out.

Industry pledges extra £9m to RIGT as it reaches £3m mark
The Responsibility in Gaming Trust (RIGT) announced that it had hit the 'totemic' £3 million target ahead of the implementation of the Gambling Act. The gaming industry also agreed to fund the RIGT's mid term spending plans by providing £9 million over the next two years. A full report appears in Coinslot, released today (Thursday).

Jowell questioned again over Olympic lottery spending
MPs have questioned Tessa Jowell again over government plans to use National Lottery funds to help pay for the 2012 London Olympics. The opposition Conservative party called on the culture secretary along with Chancellor Gordon Brown to give firm guarantees that good causes will not be "decimated" by the shortfall in funding.

Paddy Power shows strong results
Irish Bookmaker Paddy Power reported a 52 percent rise in annual pre-tax profits to Eur47.6 million, on an overall turnover increase of 31 percent to over Eur1.7 billion for 2006. The Group's gross win rose to Eur219 million, largely due to a 64 percent increase in win from online gaming and FOBTs, the company said.

Playtech signs Chinese supply deal
Gaming software developer Playtech has signed a contract with the Hong Kong-based Foundation Group to supply peer-to-peer gaming software in China. The AIM-listed company said in a statement that this was the second contract Playtech has signed to supply the Chinese market in the past three months and the first nationwide deal.

First global sports betting conference announces keynote speaker
The first annual global sports betting conference, BetMarkets, will be taking place in Vienna, Austria across 26-27 March and is set to include more than 35 speakers with a keynote presentation from the European Commission's Jean Bergevin. Delegates wanting to attend have until Monday (12th) to claim the early booking price before it reverts to the standard fee.

People's playground for Blackpool prom
ReBlackpool has chosen design specyclopcasinots LDA to generate plans for a £21 million 'People's Playground' promenade. The regeneration group's chief executive Doug Garrettt said the project was the first step in turning the town into a world class tourist destination, adding that it would "certainly put Blackpool back on the map." Further details of the project appear in Coinslot, published Thursday.

Hastings Council to fund Pier survey
Hastings Council is expected to fund a £100,000 structural survey of the Pier in an attempt to push owner Ravenclaw into action. The money will be taken from the Seafront Strategy budget, but the council is likely to agree with a further recommendation that it does not take over ownership of the dilapidated structure.

29.04.2007, 16:52	#3 (permalink)
Casinonews Admin Registriert seit: 16.06.2005 Beiträge: 2.619	Bwin confirms Sportingbet takeover rumours Austrian gaming company Bwin confirmed that it is in talks to buy online bookmaker Sportingbet, but said that discussions were at a 'very preliminary' stage. Shares in London-based Sportingbet rose by 15 percent amid takeover speculation, increasing the firm's market value to £255 million. Merlin in £1 billion Tussauds deal Legoland owners Merlin Entertainment Group has reached an agreement with Dubai International Capital to buy The Tussauds Group for £1.028 billion in cash. Dubai will receive a 20 per cent stake in the new company, which will form the world's second-largest visitor attraction group after Disney, according to Merlin's parent company the Blackstone Group. BACTA calls for government to maintain status quo on B3 machines BACTA has written to the government in a bid to secure a maximum stake of £2 for the new breed of Category B3 machines. In the letter to the DCMS' head of gaming David Fitzgerald, the industry body said the adjustment would allow the industry's current 'status quo' to be maintained. For the full report see this week's Coinslot, released today (Thursday). Sportech and Ladbrokes discussing £50m pools merger Littlewoods Pools owner Sportech is holding talks with Ladbrokes over a proposed £50 million deal to buy Vernon Pools from the bookmaker. If successful, the merger would give Liverpool-based Sportech roughly 90 percent of the UK pools market, with over 750,000 customers each week. Bingo Association launches safeguard campaign The UK Bingo Association is preparing a campaign entitled "Stop Destroying My Bingo", which will ask England and Wales' 3 million regular bingo players to sign a petition urging the Government to safeguard the future of the game. The Association is arguing that bingo clubs are not getting a fair deal under the current tax laws and the upcoming smoking ban would result in a massive downturn for the industry. Youth gambling resources launched A series of specially designed free gambling educational resources aimed at 11-19 year olds has been launched at the House of Lords today. Funded by the Responsibility in Gambling Trust (RIGT), the resources entitled 'You bet!' and 'Just another game' are described as practical resources for professionals working with young people. William Hill rules out Rank interest UK Bookmaker William Hill has ruled out a bid for gaming company Rank after announcing a profit increase of 47 per cent for 2006. Chief executive David Harding said that a takeover was not on the agenda, explaining that because of the current climate in both the bingo and casino industry it was increasingly unlikely that multi-platform gaming businesses would evolve in the next few years. Italian betting monopoly declared illegal The European Court of Justice has ruled that Italy's use of criminal law to stop gaming companies licensed in other European Union nations is illegal. Massimiliano Placanica and two other shop operators who allowed people to place online bets with the UK's Stanley Leisure had faced criminal charges under Italian law because Stanley didn't have a local gaming license. Caborn and Crow to appear before Lords select committee Richard Caborn MP and the former Chairman of the Casino Advisory Panel Professor Stephen Crow will be appearing before a House of Lords select committee scrutinising the Draft Gambling (Geographical Distribution of Casino Premises Licences) Order 2007 next week. The Committee will assess how the selection criteria was chosen in order to improve understanding of how the selection process was carried out. Industry pledges extra £9m to RIGT as it reaches £3m mark The Responsibility in Gaming Trust (RIGT) announced that it had hit the 'totemic' £3 million target ahead of the implementation of the Gambling Act. The gaming industry also agreed to fund the RIGT's mid term spending plans by providing £9 million over the next two years. A full report appears in Coinslot, released today (Thursday). Jowell questioned again over Olympic lottery spending MPs have questioned Tessa Jowell again over government plans to use National Lottery funds to help pay for the 2012 London Olympics. The opposition Conservative party called on the culture secretary along with Chancellor Gordon Brown to give firm guarantees that good causes will not be "decimated" by the shortfall in funding. Paddy Power shows strong results Irish Bookmaker Paddy Power reported a 52 percent rise in annual pre-tax profits to Eur47.6 million, on an overall turnover increase of 31 percent to over Eur1.7 billion for 2006. The Group's gross win rose to Eur219 million, largely due to a 64 percent increase in win from online gaming and FOBTs, the company said. Playtech signs Chinese supply deal Gaming software developer Playtech has signed a contract with the Hong Kong-based Foundation Group to supply peer-to-peer gaming software in China. The AIM-listed company said in a statement that this was the second contract Playtech has signed to supply the Chinese market in the past three months and the first nationwide deal. First global sports betting conference announces keynote speaker The first annual global sports betting conference, BetMarkets, will be taking place in Vienna, Austria across 26-27 March and is set to include more than 35 speakers with a keynote presentation from the European Commission's Jean Bergevin. Delegates wanting to attend have until Monday (12th) to claim the early booking price before it reverts to the standard fee. People's playground for Blackpool prom ReBlackpool has chosen design specyclopcasinots LDA to generate plans for a £21 million 'People's Playground' promenade. The regeneration group's chief executive Doug Garrettt said the project was the first step in turning the town into a world class tourist destination, adding that it would "certainly put Blackpool back on the map." Further details of the project appear in Coinslot, published Thursday. Hastings Council to fund Pier survey Hastings Council is expected to fund a £100,000 structural survey of the Pier in an attempt to push owner Ravenclaw into action. The money will be taken from the Seafront Strategy budget, but the council is likely to agree with a further recommendation that it does not take over ownership of the dilapidated structure.