Prescott in casino controversy
Deputy prime minister John Prescott is in the middle of new controversy after it emerged that he stayed at the private Colorado ranch of casino lobbyist Philip Anschutz on a nine-day trip to America last summer. Anschutz owns Anschutz Entertainment Group (AEG) which runs the Millennium Dome, one of two venues in London vying for a regional casino license. Shadow culture secretary Hugo Swire called the news 'very compromising'.
Councils warn of gambling timetable fiasco
Council officials in the UK are claiming that the eight-week period between detailed guidance on the new gambling laws being issued and implementing those laws will result in the same 'chaos and confusion' as the recent change to pub opening hours. They are arguing that the timetable to license 30,000 casinos, racecourses and bingo halls is so tight that they would not be able to train staff or set-up essential IT in time.
Gala Coral tops largest private company list
Gala Coral has been named the UK's biggest private company with sales of £7.4 billion. Betfair and Bet365 also made the table published by KPMG, ranking 43rd and 58th respectively.
Bingo Association asks for £10 million tax break
The Bingo Association has asked the government for a 2-3 year exemption from VAT on bingo clubs' participation fees. The association has reportedly said that such a tax break would save Scotland's bingo clubs up to £10 million annually and would prevent a possible collapse of the industry caused by the smoking ban.
Aussie lottery operator to challenge Camelot
Australian lottery operator Tattersall's has confirmed that it will challenge Camelot for the 10-year license to run the UK lottery from 2009. The company's managing director Duncan Fischer is said to be confident that its bid will be well received by the UK National Lottery Commission.
SNP MP calls for credit card limits
Mike Weir of the Scottish National Party (SNP) has called on credit card firms to place a cap on the amount that could be spent on internet gambling sites. The MP for Angus said that a limit of £1,000 per week, with sites limiting players to one credit card each, should be set in order to curb gambling addiction.
Tennis is the new football
Bookmakers are predicting that Wimbledon will produce a record betting turnover of £75 million this year, after William Hill took over £1 million on the Federer-Henman match. Last years total for the tournament was £50 million.
ubet2win attributes losses to 'start-up period'
Bookmaker ubet2win PLC has said that tough competition and adverse horseracing results were responsible for its £264,000 loss for 2005, its first full year of trading. A statement from the bookmaker said that the 'year was a start-up period for the company and results reflected this'.
Korea's casino industry booming
The casino industry in Korea is booming according to the Korea Institute of Public Finance whose figures showed that the industry had paid 279 billion Won in taxes for 2005, an increase of 33 billion Won paid in 2004. It attributed the upward trend to the development and operation of the Kangwon Land resort, Korea's version of Las Vegas.
PartyGaming in Gamebooker discussion
PartyGaming is thought to be in serious talks to acquire online sports-betting firm Gamebookers for about £50 million, according to sources cited by Reuters. An unnamed industry source told Reuters that he was a 'million to one' sure that it was going to be Gamebookers, rather than the other alleged target Unibet.
eCOGRA launches worldwide gambling study
Regulatory body eCOGRA has announced plans for one of the world's largest online gambling research initiatives. Researchers plan to get the opinion of over 20,000 players worldwide from over 6 countries and aims to find out what constitutes fair gaming, perceptions of operator conduct and customer service standards.
Video game market a $46 billion industry by 2010
PricewaterhouseCoopers has said in its latest report on the global entertainment and media industry that the worldwide video game market should grow by an average of 11.4 per cent to $46 billion by 2010. In comparison, the report suggests that the filmed entertainment business will grow at a rate of roughly 5.3 per cent with the television networks business expected to grow by 6.6 per cent across the same period.
LCI's 'cool' casino venture appoints Orr
London Clubs International has appointed Andy Orr as Director of its luxury gaming, dining and live music venue Manchester 235. Andy is joining the firm from the Lowry Arts Centre in Salford, where he was previously the Commercial Director.
AWM backs Solihull bid
The board of Advantage West Midlands (AWM) has backed Birmingham's NEC's bid to get a super-casino in the latest proposal submitted by the venue to the Casino Advisory Panel. The new proposal also gives a detailed assessment of the regeneration prospects of landing a bid, and is now thought by Solihull councillor Ted Richards to be stronger than current short-listed bids.
Governator threatens tribes with legal action
Californian governor Arnold Schwarzenegger has threatened to seek a court order to revoke six of the states Indian tribes' gambling licenses unless they remove a number of sot machines, or tally them as the state has asked. The ex-actor is arguing that the tribes are using slot machines with multiple seats to exceed the slot limits of state gambling.
Dell sponsors WSVG
Computer company Dell, Inc has signed up as an official sponsor of the World Series of Video Games. The tour, whose next event will be in Texas this weekend, will now feature gameplay on Dell's plasma TVs and LCD displays.
And Finally... Betfair fire delays Uttoxeter meet
Racing at Uttoexeter suffered a 100-minute delay after a Betfair betting unit caught fire between two of the grandstands, nearly causing a total-evacuation of the course. The fire is thought to have been caused by an electrical fault, although this has not been confirmed.