$37 Million Deal Adds Three New Websites to the BetonSport Family
In a recent statement BetOnSports announced the purchase for $37 million of a further three online sportsbooks and casinos. The new sites are expected to boost BetonSport revenues, which are lower than predicted given due to low sports betting margins.
Read Full Article

Lucrative Rewards for Ongame Founders if Deal with BetandWin Succeeds
Speculation from industry analysts has continued following reports of a possible merger between BetandWin and Ongame. A report by UK daily the Independent examines the nature of the deal and the benefits the Ongame founders are set to reap if the deal goes ahead.
Read Full Article

Wall Street Invests in Online Gambling Industry for Healthy Returns
The U.S. government’s anti-gambling stance hasn’t deterred some of the largest firms on Wall Street from investing in the online gambling industry. Many finance firms view online gaming shares as sound investments and believe the industry is here to stay despite ongoing legality issues.
Read Full Article

South African Government Urged to Legalize Online Gambling Industry
South Africa’s anti-gambling legislation may soon be reversed if recommendations from the Gambling Board’s special investigative committee are taken into consideration. Among the Board’s proposals is that internet gambling should be fully legalized and regulated in South Africa.
Read Full Article

Watchdog Websites - Not All They're Cracked Up To Be
he impartiality of ‘watchdog’ websites purporting to offer sound advice on online casinos and poker rooms isn’t all that it claims to be. Conflicts of interest are rife, with some watchdog sites even threatening to write unfavorable reviews of online casinos unless they receive payment.
Read Full Article

Fresh Interest in Hilton Group's Ladbrokes Gambling Business
After weeks of speculation, the Hilton Group confirmed rumors that during its October talks on the sale of international hotels with U.S. based Hilton Hotels Corporation, further expressions of interest focused on the Hilton Group’s gambling business Ladbrokes.
Read Full Article

PartyGaming Boss Optimistic on the 2006 Fortunes of Online Poker
PartyGaming CEO Richard Segal’s September statement on the future of the online gaming industry sent shares plummeting. However, Segal’s recent predictions have the industry more optimistic than ever with PartyGaming expected to reap most of the rewards.
Read Full Article

Gibraltar Toughens Up on Operator Licenses for Online Casino Firms
Long known as a haven for online gaming operators, Gibraltar has recently announced its intentions to toughen up on online gambling regulations. A statement made by the Gibraltar government indicates that the new legislation is designed to further enhance the country’s reputation as a leader in offering safe and secure online gaming.
Read Full Article

College Student Robs Wachovia Bank to Pay Online Gambling Debt
The recent arrest of college student Greg Hogan for bank robbery highlights the growing dangers associated with online gambling debt. According to the Council on Compulsive Gambling of New Jersey, reports of gambling addiction on college campuses are on the rise, with some fearing epidemic levels if online gambling continues unchecked.
Read Full Article