The long-term viability of football pools in the UK was dealt another blow yesterday when Littlewoods Pools operator Sportech declared a 15% drop in revenues from the game.
In a trading statement ahead of its half year results, Liverpool-based Sportech said the fall in revenue from pools punters was bigger than expected.
Football pools has been in decline in the UK since the introduction of the National Lottery in 1994 and only two companies remain in the market – Sportech and Vernons,, which is also based in Liverpool.
Airline to offer gambling and gaming on board!
32Red, a UK toto sgp focused online casino operator, has floated on London Stock Exchange. Admission took place and dealings in the Ordinary Shares on AIM commenced at 8.00 a.m. on Friday the 23rd of September. On Admission the Company had 47,335,500 Ordinary Shares in issue and a market capitalization of around £60 million.
32Red had to shelve plans for a £25m fundraising drive after investor appetite for egaming stocks collapsed following the share price fall of PartyGaming.
But Ed Ware, chief executive of 32Red, commented he was not disappointed at the revised flotation plans.
“I’m quite happy with the situation, and when the market sentiment has turned around we may look at a fundraising from a much stronger position,” he said.
During the six months to 30 June 2005, 32Red generated revenues of around £4.2m and net profits of around £1m.
32Red plans to use its boost in public profile from the listing to launch an offline marketing program, and increase its international exposure.
Ware said he intended to keep focusing on the UK market, but would also increase marketing activities in Japan and throughout Scandinavia.
Bingo Entertainment Ltd Sponsors The World Championship Bingo Tournament & Gaming Cruise
(30 September 2005) Imagine combining the thrill of playing bingo for huge payouts, with a luxurious Caribbean holiday. If you are even slightly captivated by this attractive scenario, you will be knocked for six, to find out that it is going to be made a reality. Bingo Entertainment Ltd (www.bingoentertainment.com), operator of BINGOGALA™ (www.bingogala.com), BingoMEGA (www.bingomega.net), Premier Bingo (www.premierbingo.com) and many other online bingo games, will be the 2006 main sponsor of the hugely successful World Championship Bingo Tournament.
The Tournament will take place aboard a deluxe cruise ship which will take bingo players to the most exotic destinations in the Caribbean. The itinerary includes stops at three ports in Central America; Panama, Costa Rica and Belize and offers exclusive excursions in each city. Bingo voyagers will be treated to a unique and fun-packed experience which will create memories to last a lifetime.
The cruise ship is the magnificent Carnival Legend, one of the fastest cruise ships in the world. It will take its passengers on a terrific 8-day voyage making its first stop at Colon, Panama, the city near the entrance to the Panama Canal before reaching Limon, Costa Rica. Bingo players may choose to travel the Isthmian Railroad, the World’s first trans-continental railroad, or take a guided tour of the Gatun Locks, the 100 year old engineering marvel that raises huge ships 70 feet as they enter the Panama Canal.
The next stop is Limon, the gateway to the interior of Costa Rica with its lush jungles home to playful monkeys, crocodiles, countless lizards and a mind-boggling assortment of exotic birds, insects and butterflies. Popular side-trips will include several unique eco-tourism sightseeing tours, one of which will take you on an aerial tram through the canopy of Costa Rica’s Central Mountain rainforest in the Braulio Carrillo National Park.
Making a third stop, passengers will be taken on to breathtakingly beautiful Belize with its English-speaking, Creole-dominated inhabitants. Most visitors to Belize make it a point to visit one of the ancient Mayan ruins. Xunantunich (Stone Maiden), set on a levelled hilltop near the Belize River, is the archaeological pride of Belize and optional escorted tours arranged through Carnival Cruise Line are available to visit this impressive historic site.
Bingo players’ appetites will also be satisfied with a Bingo Entertainment Bingo Tournament, offering guaranteed cash and prizes worth $80,000.00 including a final blackout game that will pay $10,000.00! The popular “Symphony of Slots” and “Bugle Blackjack” Tournaments are also on the agenda, providing maximum fun and more chances to win!
On board, passengers can take advantage of the ship’s luxurious amenities, including a two-level promenade with shops, clubs and lounges, the Merlin Casino, the Legend Dance Club and the finest dining at sea, including a “reservation-only” supper club! At night, an entertaining show will be put on at the Follies Lounge.
Bingo Entertainment Ltd is very proud to be the main sponsor of this fantastic event and looks forward to creating special memories for participating bingo players. The cruise will essentially bring together a virtual and friendly bingo-playing community, making it possible for players to share their gaming interests, have fun and make new friends.
For more information about the World Championship Bingo Tournament and gaming cruise, players can visit the Bingo Entertainment website at www.bingoentertainment.com or email [email protected].