INTERNET betting firm PartyGaming is to press on with deal-making after its tie-up with Austria's Bwin to create the world's biggest online gaming company.
NEW Ladbrokes chief executive Richard Glynn has stamped his mark on the bookmaker with the announcement of a management shake-up, the restoration of the company's dividend and a deal to buy gambling machines for its outlets.
PARTYGAMING and Austrian firm Bwin yesterday unveiled plans to merge, creating the world's biggest online gaming company.
BOOKMAKER William Hill is to move its telephone business offshore and review some loss-making betting shops amid concerns over the UK tax system.
WILLIAM Hill yesterday said the World Cup was one of the best for bookmakers in 40 years after the tournament helped drive a 7 per cent hike in half-year sales at its betting shops.
SPREADBETTING group IG Group is benefiting from market volatility with full-year profits expected to come in ahead of expectations.
BRITISH online gaming firm Sportingbet is hoping to agree a settlement with US authorities before the end of the year to protect it from the threat of prosecution, said chief executive Andrew McIver.
LADBROKES and Betfair have lost a battle with the Dutch gaming authorities over their right to accept internet bets from punters in Holland.
BOOKMAKER Paddy Power said a "cracking" year for punters had left it with a 15 per cent slide in profits after a run of exceptionally customer-friendly sporting results.
A FORMER city centre casino and A-listed church is set to be transformed into a Scottish-themed pub and restaurant, creating more than 60 jobs.
ONLINE gambling group 888 predicted that 2010 could be a year of widespread consolidation for the industry, confirming it was on the hunt for acquisitions.
TWO snooker stars were questioned by police today over alleged irregular betting patterns during a UK Championship match.
A RUN of poor figures for the UK's bookmakers continued yesterday when Ladbrokes reported a fall in profits and cut its dividend.
WILLIAM Hill, Britain's largest bookmaker, warned it was likely to miss profit targets this year because of poor results from major sporting fixtures and a slowdown in high-street gambling. The group posted pre-tax profits of £91.5 million for the six months to the end of June, down from £111.1m a year earlier, as snow cancelled race meetings and more favourites won races.
SPREAD betting was once seen as the domain of City dealers who had the knowledge – and the taste for risk – to gamble thousands of pounds on the direction of shares, indices and commodities.
STV has become one of the first public service broadcasters to take advantage of a recent Ofcom ruling allowing it to broadcast interactive gambling shows.
IRISH bookmaker Paddy Power, which is expanding in the UK, has signed up a Scottish software firm to check the age and identity of online gamblers.
POLICE are investigating the result of a snooker match between Stephen Maguire and Jamie Burnett.