CryptoLogic Limited (CRYP), a
global developer of branded online betting
games and Internet casino software, has signed
a three-year agreement to license at least
nine of its most popular online betting games
to Betsson Malta Ltd (Betsson), a leading
European e-gaming operator listed on OMX
Stockholm. The agreement covers a suite of
CryptoLogic's top slot games to be launched
on Betsson's websites ...
Online gambling group PartyGaming (PRTY.LN)
said it remained in talks over potential deal opportunities
and was optimistic about a possible return to the U.S.
as its 2009 earnings beat expectations.
"We are certainly in discussions with a few parties on
a number of different opportunities," Chief Executive Jim
Ryan told reporters on a conference call on Thursday ...
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Online gambling group PartyGaming PLC (PRTY.LN) Thursday
said it was confident about its prospects after reporting
a narrower-than-expected drop in full-year earnings from
a fall in revenue, hit by declining poker operations
and currency effects. The Gibraltar-based company which
operates Web sites including PartyPoker, PartyCasino
and PartyBets delivered an upbeat outlook, saying it
made a "solid start" to 2010 and is "confident" about
its prospects even though the macroeconomic environment "remains
uncertain". Chief Executive Jim Ryan said "2009 has been
a tough year, but ...
Shareholder
Calls For Management Change At CryptoLogic (CRYP)
CryptoLogic Limited (CRYP),
shareholder AWM Investment Co. believes
CryptoLogic Ltd's stock is undervalued
and that a change in management is required
to maximize shareholder value. "AWM is
considering any and all actions necessary
or advisable to realize the value it believes
is inherent in the securities," the company
said in a filing to the U.S. Securities
and Exchange Commission. "Specifically,
AWM intends to exchange views with other
shareholders concerning the strategic direction
of the Issuer and the composition of the
Issuer's management. AWM believes that
it is in the best interests of all shareholders
to replace the Issuer's current management
with a management team that is committed
to maximizing shareholder value." ...
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Recent
Gaming News
Sportingbet
confident on year
Online gaming company Sportingbet (SBT.L)
said February margins had been hit by football
results going against it but that it was
confident for the year after posting a 7
percent rise in second quarter profit. The
firm said amounts wagered in February had
been ahead of budget but that more European
soccer favourites than usual had won and
more goals had been scored than average ...
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The PartyPoker Women's World Open IV will take
place March 23 and 24 in London. The buy-in is
$3,000 and is set to have 24 players, bringing
the total prize pool to $72,000. There will be
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year's runner-up Kim Wooka ...
Annie
Duke outlasts 63 poker pros,
now National Heads-up Poker champion
If there was any debate heading into this weekend
about who was the world’s premiere female
poker player, it has now vanished. Annie
Duke, "The Duchess
of Poker" bested a field of 64
players in the National Heads-Up Poker Championship
at Caesars Palace to become the first woman ever
to win the event in its six-year history. She
beat old friend Erik Seidel 3-2 in a best-of-three
match to win the first place prize of
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Media Group Costa Rica
Stock Watch
CryptoLogic Licenses Top Betting Games to Betsson
PartyGaming
still in M&A talks
PartyGaming
Confident Despite 2009 Earnings Fall
Sportingbet
confident on year
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