French football club Olympique Lyonnais on Tuesday publicly questioned the motives of the French government over the slow rate of progress in bringing the country’s online gaming regulations into compliance with European law. The club said that the ban on it displaying the BetClic brand on its shirts in tonight’s decisive UEFA Champions League game against Real Madrid was ‘the height of irony’ when Madrid will be prominently displaying the bwin brand.
Against a backdrop of significantly reduced volatility in both equity and forex markets, IG Group Holdings plc has reported trading revenue of £69 million for the third quarter ended February 28th 2010, an increase of 11% compared to the same period last year following strong growth in the company’s UK, Australian, European and Singaporean financial businesses.
32Red plc said Wednesday that total revenues fell marginally by 2% to £12.75 million for the year ended December 31st 2009, despite earning record revenues during the second half of the year on the back of strong growth from the company’s flagship operation, 32Red Casino.
The Italians’ love affair with online poker and sports betting may not be as intense as it was in the early days but there is no suspicion yet that the relationship is souring. Gone are the double digit percentage monthly increases but spending on poker continued to rise in February as did the amount staked on sports betting. However whilst growth is definitely slowing, it is clear that the market is consolidating at an ever faster rate as just three or four operators command the majority of the market for each product.
Shares in Centrebet International Limited gained more than 10% this morning after the company announced that it is facilitating discussions with a number of parties interested in acquiring the Australian and European-facing online gaming operator.
French football club Olympique Lyonnais on Tuesday publicly questioned the motives of the French government over the slow rate of progress in bringing the country’s online gaming regulations into compliance with European law. The club said that the ban on it displaying the BetClic brand on its shirts in tonight’s decisive UEFA Champions League game against Real Madrid was ‘the height of irony’ when Madrid will be prominently displaying the bwin brand.
Against a backdrop of significantly reduced volatility in both equity and forex markets, IG Group Holdings plc has reported trading revenue of £69 million for the third quarter ended February 28th 2010, an increase of 11% compared to the same period last year following strong growth in the company’s UK, Australian, European and Singaporean financial businesses.
32Red plc said Wednesday that total revenues fell marginally by 2% to £12.75 million for the year ended December 31st 2009, despite earning record revenues during the second half of the year on the back of strong growth from the company’s flagship operation, 32Red Casino.
The Italians’ love affair with online poker and sports betting may not be as intense as it was in the early days but there is no suspicion yet that the relationship is souring. Gone are the double digit percentage monthly increases but spending on poker continued to rise in February as did the amount staked on sports betting. However whilst growth is definitely slowing, it is clear that the market is consolidating at an ever faster rate as just three or four operators command the majority of the market for each product. 
Shares in Centrebet International Limited gained more than 10% this morning after the company announced that it is facilitating discussions with a number of parties interested in acquiring the Australian and European-facing online gaming operator.