29th
December London
Source: The Guardian & BBC.co.uk
Croupier
sues casino over passive smoking
Damages
claim over passive smoking
15th
December London
Source: Financial Times
An
independent review body is being set up by the British Government to look
at Internet gaming, how it is likely to effect the British casino and bookmaking
industries, as well as to make suggestions regarding changes to the regulatory
structure.
The Government, that saw revenues from Gambling decrease slightly to £1.5
billion in 1998/99 is increasingly worried about the flight of bookmaking
operations to "Tax Free" areas such as Gibraltar and the Channel Islands.
13th
December London
Source: Reuters
London
Clubs has revealed a 10% fall in half year profits to £8.7 million
on turnover of £75.3 million. The company that has 7 casinos in the
British capital also announced that it will up its stake in the casino
at the Aladdin presently under construction in Las Vegas from 25% to 40%.
"The run of
bad luck at 50 St James has ended and the company has sights set on entering
the Internet gaming market". Chairman Alan Goodenough's remarked in an
interview with Reuters
6th
December London
Source: Financial Times
The
Financial Times has reported that Britain's Casino and Betting shop operator
Stanley
Leisure is seeking to enter the online gaming market. The company would
use the high profile Crockford's name, acquired when the company purchased
Capital Corporation earlier this year. Chairman Leonard Steinberg was a
speaker at the recent 3rd Annual Symposium on Internet Gaming in London.
Stanley Leisure in October also acquired 3 casinos in Bristol, Coventry
and Leicester from the Annabelles Casino Group for £7 million to
take their total to 30 nationwide.
29th
November London
Source: Press release
TCS
GROUP - DE LA RUE CASH SYSTEMS (UK) LTD
De La Rue Cash Systems
(UK) Ltd the international leading supplier of Cash handling solutions
has announced a strategic alliance with TCS Group focusing on the
global gaming and casino market.
17th
November Luebbecke, Germany Source:Press
release
 Atronic
the German based slot manufacturer has announced two new developments.
Holland casinos will be installing over 100 machines of it's new nationwide
jackpot "MEGA Fireworks. The video, single line payout machine will have
a minimum bet of 10Dfl. All 10 of Holland Casinos locations will have the
progressive jackpot machines linked and up and running for the December
15th launch.
The company also announced that they have opened larger office premises
in Austria. The new R&D facility will be located near to Graz airport
giving easy access for international visitors.
MEGA
Fireworks for Holland Casinos
New
Atronic R&D office in Graz
11th
November London Source:
UK Yahoo Business News
The
recent and continuing move from the British High Street to Gibraltar by
bookmakers has had some amazing effects on the economy of the British Colony.
The 30,000 population has seen an additional 500 jobs created. Ladbrokes
has bought a 40 room hotel to house employees and its call center has room
for 160 telephonists.
Victor Chandler the first to move offshore says that presently less than
50% of the business is from the UK, pretty soon 90% will be from overseas.
Both Ladbrokes and Chandler are planning to launch interactive web site
betting in the New Year.
9th
November London Source:
UK Yahoo News
The
British Government looks set to impose restrictions on offshore bookmakers
advertising on Teletext and other electronic media. The majority of the
companies presently using Teletext on Sky, ITV & Eurosport are themselves
British companies that have recently gone offshore to avoid the 6.75% betting
levy.
The High Street bookmaker will typically charge the customer 9%. This is
payable at the time of the bet or when winnings are picked up. The offshore
bookmakers will typically charge a service fee of 3% for customers who
bet using debit cards, and no deductions to customers who have deposit
accounts.
|
