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Archive for April 2011

Favourable Football Results for UK Bookmakers

Favourable Football Results for UK Bookmakers William Hill reported a "strong first quarter" in its Interim management statement covering the 13-week period to 29 March 2011. The amounts wagered over the counter (OTC) in its 2,300+ betting shops rose 4% in the period. The gross win margin

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PokerStars Retains Isle of Man Gambling Licence

PokerStars Retains IOM Gambling Licence PokerStars' gambling licence in the Isle of Man is not in question at present following the charges brought against the company' executives in the United States on 15 April 2011. A meeting was held on Monday 18 April between PokerStars and the

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Gambling on Asia's Middle Classes

Gambling on Asia' Middle Classes There were 15 Asian companies represented in the GBGC 50 index of the largest listed gambling companies in 2011. 5 of the top 10 were Asian based companies. This performance mirrors the elevation of Asia, and China in particular, in the global

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Poker's U.S. Money Trail Raises Embarrassing Questions

Poker' U.S. Money Trail Raises Embarrassing Questions By James Rutherford Like David Carruthers, who reveled in the spotlight of the world' largest gambling stage, criss-crossing the United States to lecture and lobby while high-flying BetonSports spent lavishly to attract American bettors, the men now under indictment in

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State of the States – E-gaming in the US

State of the States – E-gaming in the US The e-gaming picture in the US just got more complicated. In response GBGC has published a 20-page State of the States Report into the prospects for Internet gambling in the US to help our readers keep abreast of

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All is Fair in Love and Poker

All is Fair in Love and Poker Poker is a ruthless business. The sharks snaffle up the fishes and there is no room for sentiment. For the last five years or so the European poker rooms have felt like the hapless fishes in the face of PokerStars

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Poker Liquidity Drops Following US DOJ Action

Poker Liquidity Drops Following US DOJ Action Unsurprisingly, player liquidity has dropped at the poker websites involved in the action by the US Department of Justice on Friday 15 April 2011. In data collected by GBGC, it shows that PokerStars' liquidity was down by 25% since Friday

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US Online Poker Shutdown – GBGC assessment

US Online Poker Shutdown – GBGC assessment FBI Shuts Down 3 Top Poker Sites – arrests made & bank accounts seized On Friday 15 April 2011 The FBI and the US Department of Justice issues arrest warrants in the Southern District of New York to three companies

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