888 casino online posts record H1 profit

888 Holdings PLC, the world's second-biggest online gaming group, reported a record first half profit in the six months to June, 88% up on last year.

Pretax profit excluding share benefit charges was $48 million compared to $25.6 million a year earlier while earnings per share rose 89 pct to 18.8 cents from 7.3 cent.

Net gaming revenues were up 32 pct to $163.5 million from $123.7 million and pretax profit margin was up to 29 pct from 21 pct.

The company that operates 888 casino, offers two main products - pacific poker and casino-on-net. Check the following link for more information on 888 and other online casinos.

Coalition to legalize video gambling

The battle for legalizing video gambling continues as the Indiana Licensed Beverage Association is acting to convince lawmakers they should legalize betting machines. The main claim for legalizing video gambling is that people will gamble even if it's illegal while moderating it will increase taxes and ensure players' interest such as fair payouts.

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Sportingbet exec arrested on gambling charges

The United States has arrested a second Internet gaming executive, adding to fears it is cracking down on the lucrative industry.
Sportingbet's chairman, Peter Dicks, was arrested on Internet gambling charges as part of an ongoing investigation into Sportingbet.com.
Does anyone has any idea who's next?

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Going Deaf Listening To Music

Using hands-free phones, iPODS and MP3s may be cool but be warned that you may gradually lose your hearing without realising it.

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Governor Schwarzenegger Fails to Expand Indian Gambling

What might have been a major expansion of Indian casinos was defeated by the California Legislature, rejecting Gov. Schwarzenegger and tribal groups' bills. The bills, which would have allowed some 20,000 new slot machines on several reservations did not come through.

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