Office of Fair Trading refers proposed acquisition to UK Competition Commission. Two major UK online and land gambling groups are under scrutiny this week following the Office of Fair Trading’s decision to refer the Rank plc bid for the Gala Coral group to the UK Competition Commission. Rank has issued a statement saying that it […]
Continue reading …30-year-old Farrakh Nizzar punished for attempting to switch elderly couple’s winning lottery ticket The UK store clerk who attempted to defraud an elderly British couple, telling them their million pound lottery ticket was worthless, and then attempting to cash it himself (see previous InfoPowa reports), will have 30 months to repent at leisure. That’s how […]
Continue reading …The main shareholder in the publicly listed online gambling group Playtech, Israeli businessman Teddy Sagi, is on the IPO trail again, this time seeking a listing for another of his enterprises, oil exploration firm Genesis Energy (Israel) Limited. The Israeli business publication Globes reports that Sagi’s plan is to raise between $90 and 120 million […]
Continue reading …Times may be tough, & anti-gambling action heavy, but you can’t keep this industry down The respected Silicon Republic publication is currently carrying an infographic article highlighting the continued growth & development of the global online gambling industry despite tough economic times & - in some regions - determined attempts to knock the industry down through enforcement […]
Continue reading …Questions are being asked about author Ben Mezrich’s connections to Absolute poker founders The news earlier this week that acclaimed author Ben Mezrich is to write a book about the Absolute Poker scandal (see previous Online Casinos Guide reports) has created ripples of interest across internet poker message board and online gambling sites, questioning Mezrich’s […]
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