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September - October 2002

31st October        London        Source: Yahoo UK/FT Investor
Sportingbet shares slump 21% as losses widen
The company managed to lose £3.8 million on a betting turnover of £494.5 million

28th October        London        Source: London Evening Standard
Lotto boss: we must expand
Camelot, operator of the renamed "Lotto" wishes to offer products traditionally the domain of UK Bookmakers.

28th October        London        Source: Northern Light/AFX
Camelot urges government to let it diversify to maintain growth - report

28th October        London        Source: BBC.co.uk
Camelot 'fancies sports betting'
Faced with continuing declining sales Lotto operator Camelot wants to be allowed to offer sports betting products.

24th October        London        Source: Coinslot/ATE Online
Government working towards controlling proliferation

23rd October        England & Gibraltar       Source: Ananova.com & The Sun
Bandit player scoops £201,000 from £3 online bet
Web flutter won £201k
The Sun article also has a rare photo of a winner. The online slot was Microgaming's Major Millions.

22nd October        Scotland        Source: The Scotsman
Drugs police alerted by gambler's £1.3m bets
"I know from past experience that money like this in betting shops usually comes from illicit sources."

22nd October        Newcastle, England        Source: icNewcastle.com
Bannatyne works out plans for new clubs
The leisure clubs operator has dropped plans for casinos because of the delay in UK gambling reforms.

21st October        London        Source: Yahoo UK/Reuters
William Hill says will meet expectations for year

20th October        London & Gibraltar         Source: The Sunday Herald
Poker: it's the new football
The boom in Poker - online and in the real world. Ladbrokes online poker room is now handling $1 million a day.

18th October        London         Source: NewMediaZero.com
Gambling site legislation may already be outdated
UK casino and interactive betting operators are increasingly worried that the Government is not moving quick enough.

14th October        London        Source: Daily Telegraph
Cashing in on casinos

14th October        London        Source: Ananova.com
Army chef wins 'biggest ever accumulator bet'

11th October        London         Source: Lebanon Daily Star
Granada Enterprises betting partnership with ukbetting.com

10th October        UK         Source: ATE Ltd/Coinslot
Coinslot goes global with online launch
CASINO NEWS: Pioneering plan shunted by extremist bandwagon

9th October        London       Source: The Guardian & BBC.co.uk
Carry on betting
Corrupt? You can bet on it
A humorous look at betting on the ponies after the BBC Panorama expose of corruption in British racing

7th October        London         Source: The Sunday Times
Casinos lose £3bn gamble to create Las Vegas UK - registration required
The Sunday Times reports that plans to allow Las Vegas-style casino complexes in the UK, that a few months ago looked a certainty have been quietly removed from next month's Queen's speech.

6th & 7th October        London         Source: Yahoo/Reuters & AFP
Horse racing - Jockey Club 'presided over corruption scandal' - BBC
Horse racing - Jockey Club questions informants' credibility
Horse racing - Jockey Club defends allegations of corruption
Horse racing - Jockey Club says TV programme was flawed
Racing insiders hit back at corruption allegations

6th October        London         Source: BBC.co.uk
Is UK the new gambling capital?

2nd October        Felixstowe, England         Source: Ipswich Evening Star
Storm of protest over casino
As new areas and towns in the UK are allowed to have gaming this article will be quite typical. The plan is from Palatial Leisure that operates 3 Bingo halls in the UK and online at www.thepalaces.com

1st October        London         Source: London Life/London Evening Standard
The man after our casinos
A fascinating look at the background and career of Sol Kerzner. He recently purchased of a portion of London Clubs International's sizable debts. The LCI share price rose 7% today valuing the company at £32 million. Rank lost 6%.

27th September         London         Source: Ananova.com
Aspinalls Online H1 net loss £1.358 million
Aspinalls.com is now managed by GoldenPalace.com. Revenues from April to June were just $31,800.

27th September         London         Source: Yahoo/Dow Jones & Northern Light/AFX
Gaming Insight 1st Half Pretax Losses GBP6.2 Million Versus GBP7.8 Million
Gaming Insight sees further progress in H2, H1 loss narrows, sales rise 34 pct

26th September         London?         Source: Yahoo/Business Wire
Sportingbet Trumps Las Vegas Sportsbook Industry
Interesting press release. In morning trading in London however the Sportingbet share price is unchanged at 67p.

26th September         London         Source: Leisure & Hospitality Business - Sept 19th.
Overseas casino firms gear up for UK market
Sun International, Park Place, MGM Mirage and Kerzner International all getting a mention.

24th September         London & Las Vegas         Source: Las Vegas Sun
Talks continue on Caesars London casino
Park Place Entertainment Corp. has plans for the failed and now vacant Millennium Dome.

20th September         Las Vegas & London       Source: Yahoo/Business Wire
Global Cash Access Continues Success in Signing Major U.K. Gaming Operators With Gala Group Ltd. Agreement
GCA's QuikCash machines that accept both Credit and debit cards appear to be on their way to Gala Casino properties in the UK.

17th September         London       Source: Yahoo/Business Wire
Mikohn Gaming and Rank Group Gaming Debut World's First Operational Wide Area Progressive System for Table Games at Rank Properties in the United Kingdom

17th September         London & Las Vegas       Source: Yahoo/Business Wire
Orbis Launches New Betting Exchange Product 'BetX' for Operators Establishing Online Person-to-person -P2P- Betting Services
Orbis Announced as Partner for a World First in Online Sports Betting

16th September         Amsterdam & London       Source: Northern Light/PRNewswire
Rank Interactive Gaming (IOM) Ltd signs second geolocation license with Quova for its Isle of Man online casino

16th September         London & Sweden       Source: Ananova.com
Gaming Corp enters online casino mkt in software deal with Boss Media

12th September         Las Vegas & London        Source: Yahoo/Business Wire
Global Cash Access Continues to Expand U.K. Operations by Signing Contracts With London Clubs Management

12th September         Blackpool        Source: Yahoo/Business Wire
Jerde Partnership Selected to Transform Historic English Seaside Town Blackpool Into Worldclass Resort and Gaming Destination

12th September         London         Source: Yahoo/Ananova.com
Punters boost profits at Sportech

12th September         London         Source: Yahoo/FT.com
Ukbetting says growth proves its model works

11th September         London         Source: Northern Light/AFX
IQ Ludorum widens H1 pretax loss to $4.9 million from $3.38 million

10th September         Shropshire, UK         Source: Ananova.com
Pub bans 'too-lucky punter'
The players total winnings amounted to just £350 over 4 days play. Maximum payout on AWP's (Amusement With Prizes) machines is £25.

9th September         London         Source: CNN Europe/Reuters & The Guardian
Bad bets to sink William Hill
William Hill reports strong showing

9th September         London        Source: Daily Telegraph
Bookmakers close ranks
British Bookmakers are getting increasingly anxious about P2P Betting Exchanges. Betfair is now apparently matching £50 million a week.

9th September         London        Source: Yahoo/Reuters & FT.com
William Hill flagging after strong start
Racing wins hurt William Hill - Betting group turnover jumps but listing wipes profits 

9th September         London        Source: BBc.co.uk, London Evening Standard & Ananova
William Hill off to strong start
William Hill on the buying trail
World Cup boosts William Hill
Pre-tax profits were ahead 32% to £80.1m for the six months. Turnover rose 47% to £1.59bn.

8th September         London        Source: The Times Online - Markets
Rank looks to its better balance

8th September         London        Source: The Independent
City bets on strong debut figures from William Hill

7th September         London         Source: Daily Telegraph
Star showing from Deluxe gives Rank unexpected lift
Profits for the 6 months at Grosvenor Casinos rose from £9.7m to £14.2m.

6th September         Las Vegas & Liverpool, England         Source: Northern Light/Business Wire
Global Cash Access First to Install Debit and Credit Cash Access Service in U.K. Casinos; Company Signs Contract With Stanley Leisure

6th September         London         Source: Yahoo UK/Reuters & Ananova
Rank produces top-rank performance
Rank Group beats forecasts

6th September         London         Source: The Scotsman/AP
Rank Hurt by Tourist Downturn
Operating profits at Grosvenor Casinos rose a massive 52%. Electronic Roulette is proving especially popular in the company's provincial properties.

6th September         London        Source: New Media Zero
Stanley to unify on and offline casinos under dedicated portal
The headline is one that US based companies can only dream about!.

5th September         Wolverhampton, England        Source: Daily Telegraph
Arena plans casino at Midlands racetrack

4th September         London       Source: Revolution.com
Stanley Casinos unveils new sites
The main website for the company now is: www.stanleycasinos.com

3rd September         London       Source: Yahoo UK Sports/Sporting Life
Bookies To Meet Jockey Club

1st September         London       Source: The Sunday Times
Foreign firms place bets on casino Britain
American and overseas companies are quietly waiting in the wings waiting for suitable opportunities to enter the British casino market.

1st September         London       Source: The Observer/Guardian
Joker with a good hand
A profile of Hilton Group CEO David Michels. Last week the company revealed that pre-tax profits for the first six months fell to £130m, down from £144.3m

1st September         Huddersfield, England       Source: icHuddersfield
Learning all about chips
A rare story from the UK about Croupier training. Good to read that the chipwork that often differentiates training in the UK from the US is still being heavily stressed.
 







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