CryptoLogic is known to be undergoing through lots of changes. With the end of the US internet gambling, the CryptoLogic had to restructure the company and focus on the European gambling industry.
Changes in the upper level of management have become the part of the restructurization. David Gavagan has recently become known to be replacing Robert Strikeman – Chairman of the Board. The replacement will take place at the the next shareholders meeting unlers the shareholders have objections.
The Kentucky online casino gambling situation seems to be endless – the governor and some state laywers are still supporting the attempts to seize over 140 internet gambling related names, though the case has now gone to the Kentucky Appeals Court.
It must be admitted that some online casinos have complied with Governor Beshear’s request, others not, and the Appeals court has come to the conclusion that the domain seizure was unfounded and not supported by Kentucky state law. Many thought that the case would be dismissed by the courts, but it is progressing, and is thought to have a negative effect on international business and e-commerce in future.
Las Vegas is known to have lost approximately $166 million over the past severl months in revenue due to the cancelled conferences. The Las Vegas Convention and Visitors Authority has announced that even more jobs are endanger in the region because of that. It is natural that not only the convention centers lose money, but the hotels lose bookings and the casinos lose in gambling revenues.
The LVCVA has nothing to do but to organize a promotion of conference travel to Las Vegas. If nothing is going to change in the upcoming months there, there will be layoffs.
CalvinAyres, the founder and former CEO of Bodog Entertainment has got growth and development plans for the company.
First of all, the company is moving into Asia with a deal with Haydock Sports. Then, they are planning to have a brand licensing deal in Europe, re-brand the company and products and, finally, Bodog is going to enter the European internet gambling market.
In addition to that Bodog has got a new news portal that is to offer news and professional analysis on the situation in the industry.
The revealed plans indicate that Bodog is implementing a very good growth and diversification strategy.
The World Online Gambling Law Report Summer Retreat 2009, scheduled for the end of June in the UK and to be sponsored by several top games in the internet gambling law sector, is a great opportunity for executives to meet woth other industry executives and discuss legal issues facing the online gambling industry today.
Hambach and Hambach, a law firm based out of Germany, and the GamingLaw.eu site are the tops on the list of sponsors of the upcoming event.
The main issues to be discussed in the course of the event are the regulations and internet gambling bans in some countries, media and information laws, advertising and other related to the gambling industry mediums.
Internet gambling in Canada is illegal, however the legislation is not enforced throughout the country, and small areas such as Nova Scotia are looking for the ways to legalize forms of internet gambling. And the chances to legalize internet gambling are pretty high.
One of the reasons for the legalization is the way to bring more revenue to the country’s economy.
At the moment there is no evidence that online casino poker is being well-received by the government, but some organizations are going to press the issue unless the positive results come.
Though GigaMedia remains to be strong in the market, it has become known that the company is looking for the other internet gambling companies to merge with or to be acquired by.
A public statement recently released by Giga notes, however, that the company is in talks with several companies interested in the purchase of Giga Media holdings. A new financial advisor is known to be helping the company with negotiating a sale or acquisition agreement.
Being listed in the US, Giga operates out of Taiwan. The Everest Gaming brand is the company’s signature product.
Ivobank is regarded a preferred e-commerce solution for online casinos and internet gamblers. With the internet fraud increasining, it is probably wise to use Ivobank’s alternative to risking credit cards when engaged in e-commerce.
The internet community has heard about this spring’s promotion from Ivobank: one lucky winner will go to the south of France for a vacation in Monte Carlo. And the promotion has already begun: every time gamblers make a deposit into their players’ accounts, they are awarded with a prize-drawing entry. And the players who receive bonuses and specials may also get a double bonus on the same deposit.
Throughout the month of April, players must deposit into their Ivobank account. The money can be used later on in a number of internet shops or paid out to the chosen merchants.
There is still some time left before the end of the promotion, and the more frequent your deposits will be, the more chances you’ll have to win the vacation of your dream.
Though the gamblig market is unregulated in South Africa, the market is flourishing and growing at a great pace. A lot of work has been done by the South African government I cooperationg with the National Gambling Board to create regulations blocking unregulated sites and allowing only licensed sites to advertise in the market.
The new legislation is said to come into effect very soon. The legislation has not only made its way through the government, but it has also been publicly published for comment.
The National Gambling Board has noted that roughly 10 licensees will be able to operate in the South African gambling market once the legislation is passed.
IT Solutions Ltd., a company focused on developing new software and products that offer solutios for customer interaction, is reported to be working hard on improving customer support at internet-based companies. nGenera Customer Interaction Management is their recent product on the market.
nGen Chat software makes the communication process faster thanks to the fact that customer service representatives assist six live chat lines at a time. In addition to that companies using nGen have already noticed that the product helps them save money and increases customers’ satisfaction.