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November - December 1999

29th December  London   Source: The Guardian &

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

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 

MEGA FireworksAtronic 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.