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Activities in the gaming industry during the week | 14 February 2013 : WorldCasinoYellowPages

Activities in the gaming industry during the week

... 14 February 2013

Activities in the gaming industry during the week

LeggoPoker has been taken over by IveyPoker owned by Phil Ivey while a Facebook app has been introduced by PokerStars. An extension for preparation of the software in all respects has been requested by the internet betting operators of Nevada whereas restricted sanction for the internet gambling legislation of New Jersey has been accorded by Chris Christie, the governor. The previous year witnessed a slight increase in the income of Nevada from its gaming activities, however the state has registered the period as second best year during its past with Super Bowl raising a record handle for this year.

After a short gap of disappearance due to the seizure of the domain of an online credit sports wagering site by Canada; it came back on the scene with a varied domain. A segment of the Interactive division of Caesars would be on sale by the company, says their communiqué while the submissions in favour of sports betting by the department of justice have been confuted by New Jersey. With an aim to force the US to have bargains for the WTO, Antigua has revealed that the private concerns in the state could be approached by it through its digital download site. Despite the downward trend in the income of Zynga it falsified the expectations of the forecasters while the second quarter witnessed decrease in the revenues of WMS Industries.

Spain has been challenged by the controversial Codere through a legal initiation for issuance of the internet betting approvals by the former that has suspended authorization for online slots. Betsson, 888 Hodlings – the two operators and Playtech – the software provider have registered their gaming revenues go up two-fold during the past year. The internet gaming companies have been asked to follow the financial reporting regulations as per the ones that rule the physical casinos, say the EU. London witnessed the iGB Affiliate Awards and the International Gaming Awards seminars being held in the city while the ICE Totally Gaming confab also took place. Then there were the Legal Gaming Europe Summit and the London Affiliate Conference. Introduction of a .eu site is in the pipeline by Full Tilt Poker whereas one more pact has been initiated the previous year in the internet poker bazaars of France.

The ProTec Games through the Chinese developer have since been taken over by SHFL Entertainment while a rise of nine percent has been registered by Melco Crown that owes much to the players in the mass market. Commingling of the gambling pools by the Hong Kong Jockey Club has since been approved. Macau is there to cleanse its junket operators in the wake of the reports that Beijing would raid the junkets in view of the New Year. The legal action against Wynn Resorts by Kazuo Okada has been pitched by a court in Nevada. The gaming companies would be spared from reporting their fiscal records and the inquiry against Efraim Genuino, the ex-chief of PAGCOR has since been stopped by the legislators of Philippines. H1 saw decrease in the net income of Tabcorp while that of NagaCorp registered a considerable growth resulting in enriching its originator to become a billionaire.

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