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September - October 2001
Europe

 
Switzerland Casino Concessions 
The Swiss Federal Gaming Board announced on the 25th October the final results for the 21 licenses. 7 will be Class A (Full casinos) and 14 Class B (Restricted - Kursaal style). The official press release is available in German, French & Italian at www.esbk.ch

25th October 2001   Bern, Switzerland    Source: Yahoo Deutschland/AP & Reuters
Bundesrat vergibt Spielbankenkonzessionen
Der Bundesrat erteilte 21 Kasinobewilligungen - Erste
Zürich übt harsche Kritik an Konzessionsentscheiden
Les jeux sont faits - Zweite Zusammenfassung mit Reaktionen



31st October    Switzerland    Source: Northern Light/Les Echos
Lucien Barriere wins Montreux casino license - Le groupe Lucien Barriere obtient la licence a pour le Casino de Montreux

30th October    Switzerland & Austria     Source: Northern Light/Wirtschaftsblatt
Austrian Casino operators let the balls roll in Switzerland - Osterreich last in Der Schweiz die Kugel Rollen.
Casinos Austria has won 6 of the 21 licenses in Switzerland. Class A in Bern, Lucerne and St Gallen and Class B in St Moritz, Schaffhausen and Pfäffikon. Novomatic (Admiral Casinos Entertainment) also based in Austria was awarded 4 in Bad Ragaz, Davos, Mendrisio and Locarno.

30th October    France     Source: Northern Light/Le Figaro
Accor Casinos obtains several licenses - Accor Casinos obtient plusieurs licences
The new casinos will be in France at Saint-Maxime and Fribourg and a Class B casino at Courendlin in Switzerland.

29th October    London     Source: FT.com/Scheherazade Daneschkhu & Yahoo/Reuters
London Clubs eyes Aladdin escape: Casino operator could become bid target if freed from Las Vegas debt
LCI near deal with banks on Aladdin - source

27th October    Blackpool, UK     Source: Financial Times
Gambling strip plan in Blackpool

25th October    London     Source: Independent/FT Global Archive - Nic Szeremeta
Poker
The Poker Million - Last held on the Isle of Man and a partnership between Ladbroke's e-gaming & Barry Hearn's Matchroom Sports will be next held in March 2002 at the Metropole Hilton Hotel on London's Edgeware Rd.
website: www.pokermillion.com

22nd October    London    Source: Northern Light/Sunday Telegraph
Ozmosa gambles on a £100 million listing

22nd October    London    Source: Northern Light/Sunday Telegraph
OFT to probe horse racing industry

21st October    Athens    Source: Yahoo Singapore/Reuters - Oct 19th
Greece calls for binding offers in casino sale
37 companies have initially shown an interest in a potential 51% share of the Mont Parnes Casino.

21st October    Paris    Source: Northern Light/La Tribune
Barriere authorised to install and operate slot machines
The casino at Enghien on the outskirts of Paris will be able to operate 130 slots from Spring 2002.

19th October    London    Source: TCS Group
Confidence in G2E Pays Off

16th October    Las Vegas & London    Source: Yahoo/Reuters
Park Place, MGM Mirage show renewed interest in UK
Under the 1968 Gaming Act foreign companies are presently not permitted to operate casinos in Great Britain. London Clubs International being inceasingly described as a possible takeover target.

15th October    London & Melbourne   Source: ThisisLondon/Evening Standard
Kerry Packer poised for British punt

14th October    Berlin, Germany   Source: Yahoo Entertainment/Reuters & Guardian Unlimited
Copperfield Says German Lottery Forecast No Trick
Magician predicts German lottery numbers 
The magician predicted the correct numbers of the Saturday drawing of the German National Lottery. The event was screened live on the popular "Wetten Das" TV show. There are however a great number of sceptics and the Bild on Sunday revealed how the trick was done on its front page the next day.

14th October    London   Source: The Independent
SportingLife changes stable
The Independent reports that Sportinglife.com has been sold to AIM listed UKbetting.

11th October    London    Source: Yahoo UK Finance/Reuters
UK refers Hilton-BSkyB JV to official inquiry
The 50:50 5 year deal would put betting odds from Ladbrokes on BSKyB's digital interactive television service.

9th October    London    Source: Guardian Unlimited
£170 million bet on each one day game
Cricket is not usually thought of as a big gambling game. Figures released by the ICC in the wake of recent corruption scandals appear to tell a different story.

8th October    London     Source: The Sunday Times
My first break - Teenage bookie beat the odds
Interesting profile of Leonard Steinberg, the founder and Chairman of UK Bookmaker/Casino operator Stanley Leisure.

7th October    UK     Source: The Independent/FT Global Archive
The Complete Guide To Casinos
Nic Szeremeta takes the reader on a quick trip around the world highlighting some of the best casinos to have a punt. 

6th October      North East England       Source: Gymuser.co.uk
Casinos gamble for Bannatyne fitness

6th October    UK     Source: BBC.co.uk & TheTimes.co.uk Editorial
Punters wake up to tax-free betting
Las Vegas comes to Lambeth - You can now give your money away in comfort
Today is the first day British Punters can bet tax free off course. England 2 v Greece 2. A very good start for the bookmakers.

6th October    Black Sea     Source: Northern Light/AP
Turkey to Let Chinese Carrier Pass
The unfinished Russian aircraft carrier Varyag is set to have a future in Macau after refurbishment.

5th October    London     Source: Northern Light/M2 Presswire
UK Government: Betting goes tax free
The British Government actually issuing a press release to announce the scrapping of the 6.75% tax. (The bookmakers universally charged the punter 9%)

5th October    London     Source: The Guardian
Man 'killed wife to avoid sharing big lottery win'

5th October    London     Source: The Guardian & ITN
Big win for punters
Bookies betting on gambling bonanza
It will be the first time since 1966 that bets in the UK can be made in betting shops completely tax free. William Hill alone are expecting turnover of £5 million on this weekends England versus Greece World Cup qualifier.

4th October    London     Source: The Times
Grade will fight gambling reforms
The proposals to allow side bets by Bookmakers on numbers drawn in the National Lottery are not universally popular.

4th October    London     Source: Ananova.com
Blackpool has 'no chance of becoming UK's Las Vegas'

4th October    Austria     Source: The Independent/FT Global Archive
Poker
Nic Szeremeta reports on the 400 players at the 12th European Poker Championships chasing a prize money total of almost £500.000. The competition is taking place at Casino Baden, Austria. Website www.pokerem.com Live action can also be found at  http://live.casinos.at 

3rd October    London     Source: Yahoo UK/Reuters
Inside Track-Ladbrokes sees punter windfall in tax-free betting
Ladbrokes, owned by Hilton Group Plc is investing £40 million to create 40 betting superstores over the next two years. The company operates around 1,900 betting shops in the UK.

3rd October    London     Source: Northern Light/M2 Presswire
Access Conferences International: Place your bets -- Multi-Channel Gambling 2001 Industry meets to discuss the future of interactive betting

2nd October    London     Source: FT.com
London Clubs may sell assets to reduce debt

1st October    London     Source: Ananova, Yahoo/Reuters & BBC
Casino firm faces huge payout
LCI says Aladdin talks critical to own survival
Casino firm loses Vegas gamble

1st October    London     Source: Yahoo UK Finance & FT.com
London Clubs to write-off Aladdin investment
Aladdin casino ready to disclose level of debt

22nd September   London    Source: Yahoo/Reuters, Las Vegas Sun, LVRJ & The Independent
London Clubs plunges as US casino may fold
Aladdin discloses possibility of closure
CEO at Aladdin leaves - Bankruptcy an option, resort says
Gaming - Shares in London Clubs halve on growing Vegas loss
SEC filing - 20th September
LCI shares closed in London on Friday at 6p - down over 50% on the day. The company being valued now at just over £9 million.

18th September   France   Source: FT.com/La Tribune
Partouche must face up to new tax rules

16th September   Hungary   Source: Budapest Sun - Sept 13th
Government on a winning streak in gambling
Total revenues in Hungary from gambling over the last year totalled $381 million of which the Government took $124 million in taxes. There are 38,000 gaming machines sited.

14th September   Arizona & Germany    Source: Yahoo/PRNewswire
Atronic Unites as America Is attacked; Gauselmann Subsidiary Atronic Not Directly Impacted by Terrorist Acts

12th September   London   Source: Financial Times & Yahoo UK Finance/REuters
Stanley Leisure plc - AGM Statement by the Chairman Leonard Steinberg
Stanley Leisure betting ahead, casinos lag

11th September   London   Source: Ananova.com
Arena says horseracing venture on track

10th September   Greece & Las Vegas   Source: Las Vegas Sun  & Yahoo Singapore/Reuters
Vegas gambling operators interested in European casino
Greek casino sale draws interest from 37 companies
The Mont Parnes casino, It was recently announced by the Greek Government that a part privatisation is planned. The bidders include top names from Europe and the US. 
website: www.etasa.gr/prokirxieng.html

9th September   London   Source: Guardian Unlimited & The Times
Rank pursues its Coral ambitions - Leisure operator wants to exploit new betting law
Rank to seek gaming rights for bingo halls
Rank owns the Grosvenor Casino chain and also wants to have casinos and bookmakers inside its Mecca bingo halls. Casino profits for the year were £45.6 million.

7th September   London   Source: FT Marketwatch
Rank returns to profit in H1

6th September   London   Source: Northern Light/M2Presswire
Deal Group: gobarkingmad is 'the dogs' with ukaffiliates.com

6th September   London & Las Vegas   Source: Las Vegas Review Journal
Dispute may force Aladdin bankruptcy - London Clubs: Refinancing deal unraveled

5th September   London   Source: Evening Standard Money
Who will score if England does?
If England beat Albania this evening the Standard concludes that the Bookies will be among the long term winners.

4th September   London   Source: The Times/Daily Telegraph & Evening Standard
Casino group tumbles 40%
Aladdin blow hits LCI hard
Aladdin's cave dark place for Clubs

3rd September   London & Las Vegas   Source: Sunday Telepraph
Last ditch bid to save the Aladdin from Bankruptcy - website: www.aladdincasino.com
The Aladdin has apparently failed to meet a deadline to renegotiate its credit agreement with a syndicate of banks.
Share price is presently being hammered - down 20% at 22.5p.  http://uk.finance.yahoo.com/q?s=LCI.L&d=t
Aladdin's desert storm
How the Daily Telegraph reported on the initial opening of the Aladdin just over a year ago.

3rd September   London   Source: Sunday Telepraph
Jackpot ban "Will force clubs to close"

3rd September   Athens   Source: Northern Light/Kathimerini
Huge income from casino betting - Astronomika ta esoda apo ta stoihimata ton Kazino
There are nine casinos in Greece, seven privately owned with Mont Parnes and Corfu state controlled.

3rd September   London   Source: Northern Light/AFX-UK
IQ Ludorum warns H1, FY results will not meet market expectations
IQ Ludorum produces Internet Casino and Sportsbooks. Aspinalls.com is powered by the their software.

1st September   France   Source: Northern Light/Les Echos
39.3% Increase in interim profit at Europeene de Casinos - Hausse de 39,3% du profit semestriel de L'Europeenne de Casinos