Blackstone rumours push Rank shares
Rumours that Blackstone Group is going to buy Rank re-emerged at the end of last week, causing shares in the leisure and gaming firm to rise by just over 5 per cent. The private equity firm is thought to be preparing a £1.4 billion offer according to insiders sourced in The Business newspaper.
Mansion to sign record shirt deal
Manchester United's four-year £60 million shirt sponsorship deal with online gaming firm Mansion will be finalised early this week. Mansion owner Putera Sampoerna's son arrived in England at the weekend to finalise the deal with United.
Betfair fourth on Times profits list
Betfair has been listed as fourth in The Sunday Times' Fastest Profit Growth Firms list, despite not featuring last year. The online betting firms' annual profit growth for 2004-05 was 145.81 per cent, with profits of £23,185,000.
Sportechs announces £6.4 million loss
Littlewoods Pools' owner Sportechs has announced a £6.4 million annual loss, mainly due to charges of £16.1 million for pulling out of an interactive gaming deal with ITV.
Super-casino contenders announced this week
Contenders bidding for the UK's only super-casino license will be announced tomorrow (Tuesday), with the winner declared at the end of the year. The application process closed on Friday with an estimated 47 towns and cities vying for the development.
Jewish holiday hampers objection plans
Jewish traders objecting plans for a large William Hill bookmaker in Fortune Green, London won't be able to attend the court hearing due to it being set during Passover, a Jewish holiday. They described the date as 'beyond belief', and are lobbying the magistrate's court for a change of date.
Locals oppose Earl's Court casino plan
Residents in Kensington and Chelsea are planning to oppose Stanley Leisure's proposed bid to turn London's Earls Court Exhibition Centre into a casino when it comes before the council's planning committee on Tuesday. In a letter sent to the council, they argue that a 24-hour casino would be 'highly disruptive' to the area.
'Gangster' rapper cancels casino show
US rapper Snoop Dogg has been forced to abandon a scheduled concert in Las Vegas after venue owner Harrah's Entertainment called on the gigs organisers for it to be cancelled. Nevada's Gaming Control Board, who had been asked by police authorities to discourage 'gangster rap', requested the move.
Blackpool calls for help
Sir Peter Hall, chairman of Blackpool's regeneration company Re:Blackpool, has called for the North West to back the town's bid for a super-casino. Speaking at the launch of the North West's Regional Economic Strategy in Bolton, he pleaded for the area to help get the town 'off its sickbed'.
Manx government in talks with online operators
The Isle of Man is thought to be in talks with six online gaming firms over placing back-up systems on the island. Operators are now allowed to run support facilities on the island for up to 24 hours without a license or paying duty on money earned in that period, after the Manx government relaxed gaming regulation last month.
Tories to debate super-casino numbers
The Conservative party is holding a seminar in Westminster this month to discuss changing its policy on permitting just one super-casino license in the UK. The UK opposition party is considering a U-turn after a number of its local authorities lobbied to get a super-casino in their district.
Premiership footballers betting with insider knowledge
Premiership footballers are breaking FA laws by using insider information, such as team selections, to bet on match outcomes according to a report in Sunday's News of the World. It alleges that an English international won over £200,000 on Bolton beating West Ham last month, after finding out that West Ham was resting a number of its first team players.
Melco profits rise on one-off sale
Melco International Development has announced that full-year net income had risen to $71 million in 2005, up from $59.7 million in 2004. The profit included a one-time gain of $66.29 million from the sale of a casino stake.
RDF acquire Late Night Poker company
RDF Media has acquired Presentable, the Welsh production company responsible for Late Night Poker, and All Star Poker Challenge. Presentable had already sold the international rights to these shows, among other poker shows in its portfolio, to RDF last year.
Violent video games account for one per cent of sales
A study by think-tank organisation The Progress & Freedom Foundation has found that only one per cent of video games sold in the US in 2004 were rated Adults Only. Foundation director Adam Thierer also pointed out that 86 per cent of all games sold were rated Teen or below, and that violent crime by juveniles had fallen by 43 per cent in the decade leading up to 2004.
Gamebooker announces Swedish site
Gamebookers has started a move into the Scandinavian market by launching a Swedish version of its gamebookers.com website. The sports betting website has also recently launched Polish and Russian language sites for its product.
Hastings discuss casino application
Hastings' council discussed the 'moral dilemma' of opening a casino in the Sussex town last week. The majority of councillors supported an application after weighing the implications of potential gambling addiction, saying that it would have a 'number of controls' in place.
Kazakhstan plan Las Vegas complex
Kazakhstan's authorities have said that the country is in talks with investors over building a Las Vegas style gambling and entertainment complex in a desert area near Almaty. Officials think that such a complex would help control gambling in its commercial capital.
HomeATM to launch online payment site
HomeATM has announced the launch of its online payment process TheHomeATM.com. The site will potentially allow gaming companies to take payments from PIN debit and ATM Bankcards online, while utilising a host of encryption technology.