Sportingbet chairman detained in US
Sportingbet has announced its chairman has been detained in the US while travelling on non-company business.
The British online gambling firm did not say whether Peter Dicks had been arrested, but immediately asked for its shares to be suspended "pending clarification of the situation".
Games sites see increase in traffic
Over 7.5 million Britons visited online games sites during June, according to a report by Nielsen/Net Ratings.
The research group says the UK’s online gaming audience has grown 16% in the last year, largely thanks to demand from teenagers, with Miniclip being the most popular site.
Myspace to sell Fox video content
Twentieth Century Fox is planning to use Myspace and other News Corporation websites to sell its movies and TV shows.
The move will see Fox Interactive Media, a division of News Corporation, marketing its content on the gaming download site Direct2Drive from October.
Microsoft recruits users for Xbox games
Another sign of big players' growing interest in user-generated content has come with Microsoft’s announcement of game development tools for the Xbox 360.
The software, called XNA Studio Express, will enable amateur developers to create their own games and share them via the Xbox Live online service.
Britons spend 50 days a year online
The average British broadband user now spends around 50 days a year on the web, according to a new survey by YouGov.
General surfing was the most popular internet-based activity at an average seven hours and 54 minutes per week.
Online gambling could fund terrorists, says US attorney
An influential anti-gambling campaigner has claimed that online bets could be used to fund terrorist attacks on the US unless regulations are tightened.
In an interview with The Guardian, Missouri's US attorney Catherine Hanaway said the government should keep tabs on where money from US bets end up.
PartyGaming snaps up sports betting firm
Online casino and poker firm PartyGaming has branched out into bookmaking with the £70 million purchase of Gamebookers.
The deal will see PartyGaming paying Gamebookers' owner, Isle of Man-based Trident Gaming, £55 million on completion and £15 million in 18 months' time.
Ex-BetonSports boss pleads not guilty
Former BetonSports chief executive David Carruthers pleaded not guilty in his illegal gambling trial yesterday.
The 48-year-old, arrested two weeks ago in Texas and subsequently fired by the web gaming firm, is now being held in custody until negotiations over his bail arrangements are complete.
Betonsports CEO fired after arrest
Web bookmaker Betonsports has sacked its chief executive David Carruthers following his high-profile arrest in Dallas last week.
The company, which faces racketeering and fraud charges in the US as part of a crackdown on web gaming firms, said it had ended Carruthers' contract and removed him as a director.
BetonSports charged by US Justice Department
Trouble ahead for the online gaming industry after reports that the US Justice Department has charged BetonSports and three other companies with racketeering, conspiracy and fraud.
AIM-listed BetonSports suspended shares just before 8am this morning, pending an announcement, while AFX is reporting that "the indictment seeks forfeiture of 4.5 bln usd from Kaplan and the co-defendents, as well as various properties", which would spell more trouble for BetonSports investors (shares fell by almost 20% yesterday).
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Graham Charlton
Strategy & Planning
