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Bodog UK Giving Up On US Market

Bodog_casino

Bodog UK is to be granted a license from the UK Gambling Commission.  It is the first bookmaker to receive such a license and this will enable it to operate on a remote and non remote basis.  Because of this, it has decided to withdraw from the US market which has been seeing some problems [...]

July 31st, 2011 | Posted in Financial News,Latest Bingo News | Read More »

Rank Outranking Competitors After Takeover Bid

rank_group

Rank seems set to start expanding its operations after the much hyped and talked about problems it was having recently with a takeover bid by the Malaysian gambling group, Guoco.  Indeed, the on again, off again fight now seems to have settled down with an announcement that the group is to take on one thousand [...]

July 30th, 2011 | Posted in Financial News,Latest Bingo News | Read More »

Study Confirms Rising Popularity of Mobile Play Amongst Bingo Fans

iphone

A number of reports that have been released recently have suggested that mobile internet devices have revolutionized the way in which many people are playing bingo and online games, with many delighted with the opportunity to enjoy their favourite games whilst on the move as well as when they are relaxing at home. With smart [...]

July 19th, 2011 | Posted in Financial News,Latest Bingo News | Read More »

News of the World Bingo Closes its Doors

Copies of Britain's News of the World ne

The UK recently saw the end of a national institution with the national Sunday favourite, the New of the World coming to an end after well over a century and a half. The end came for the national Sunday paper after the much publicised phone hacking scandal after which News Corp decided to pull the [...]

July 14th, 2011 | Posted in Financial News,Latest Bingo News | Read More »

Rank Group Set To Retain Market Listing

rank_group

With the ongoing Rank saga, sources close to the action now think that Rank will retain its listing on the London Stock Exchange since Guoco, the Malaysian owned conglomerate, are predicted to acquire get just less than the seventy five percent of shares it needs to take it off the market.   If a company [...]

July 12th, 2011 | Posted in Financial News,Latest Bingo News | Read More »

Rank Story Now Becoming Ridiculous

rank_group_takeover

Some news stories quickly move from being legitimate and interesting to ridiculous and engrossing.  These stories are still very exciting, in fact, even more people want to read about them but there is definitely a sense of farce about some of the ways that stories just seem to get worse and worse. In the business [...]

July 5th, 2011 | Posted in Financial News,Latest Bingo News | Read More »

Rank Group Eyes Gala

gala-bingo-hall

Gala is set to refinance its operations by selling off more than six hundred million pounds worth of bonds.  It is also rumoured that it has considered breaking up and selling off part of its operations and some companies have already expressed interest in taking over the bingo division.   Rank seems to be the [...]

June 13th, 2011 | Posted in Financial News | Read More »

Barcrest Sold But Is It A Fair Deal?

barcrest

Barcrest, a leading gaming and amusement machine maker is being bought out by an American company.  However, the Office of Fair Trading has started to investigate the deal since it could be breaching competition rules.   The US company, Scientific Games Corporation, agreed on the deal a month ago and offered a massive thirty five [...]

June 4th, 2011 | Posted in Financial News | Read More »

MP Pushing For Cut In Bingo Tax

Tom_Greatrex

Politicians by and large are not people you want to put all of your faith and trust in. That is no slight on any individual MP, it is merely a fact of the position and of the need to try and please everyone or at least annoy as few as possible as possible. However, many [...]

June 2nd, 2011 | Posted in Financial News | Read More »

Bingo Sales Slump But NetPlay Profits Up Last Year

netplay_results

NetPlay recently published its end of year figures which showed that their bingo revenue dropped  an almighty 49%.  This translates to a loss of about three hundred and twenty thousand pounds from the figures available from the previous year.   However, it was far from all bad news for the company since overall the figures [...]

June 1st, 2011 | Posted in Financial News | Read More »