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Online Casino Games Coming From Sportingbet


Published: Thursday, February 23, 2006 Online-Casinos.com

ONLINE CASINO GAMES COMING FROM SPORTINGBET

Finance chief says new initiative will make wider selection of online casino games available

Sportingbet plans to launch a handful of online casino games this year to expand its portfolio of sports betting, poker and roulette, says finance chief Andrew McIver whilst briefing press on the group's latest numbers.

Pretax profits leapt 72 percent to GBP 27million in the second quarter, and the company said it might beat full-year forecasts of GBP 103 million in operating profits.

Without giving details on likely software providers or specific games. McIver said the games offerings would be expanded to fall into the benefits of Sportingbet's "shared purse" system, which allows players to switch between games.

The group played down the risk of a US clampdown on online gambling. A prohibition bill was introduced to Congress last week, which would update existing laws to outlaw bets taken over the internet. It also would require credit card companies to disallow money transfers going to offshore gambling sites.

But Sportingbet said the bill sat awkwardly with the US stated policy on internet matters and pointed out that Congress might be reluctant to give full debating time to the bill in a year shortened by senatorial elections in November.



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