US resorts and casino operator Harrah's Casinos , a unit of Caesars Entertainment Corporation , has acquired an initial 51 percent stake in Playtika , an Israeli social games developer for a consideration of $85 million, reports globes.co.il.

Playtika is a one-year-old Israeli company founded by Robert Antokol and Uri Shahak comprising 15 employees in Israel and 30 employees at its development facility in Ukraine .

Co-founder Shahak, Playtika's COO previously served as a...

Read more on this story...

Malaysian-based property and investment holding firm Guoco Group Ltd has said it will not come back with another offer on the Rank Group after its 150p-per-share takeover bid was rejected by the UK online and land gambling group.

Read more on this story...

Wild Jack Mobile Casino.com has launched the popular Microgaming -developed online slot Mermaids Millions , as a free download on the Android Market.

Read more on this story...

UK online bingo site, tombola.co.uk , has extended its sponsorship deal in a National TV campaign with British soap opera, Emmerdale , for a third season.

The deal includes broadcast sponsorship on ITV1, ITV2 and ITV3, online sponsorship on itv.com/emmerdale, interactive sponsorship, mobile interactive bumpers and licensing.

The Emmerdale bumpers created by tombola bingo will launch this month and star real tombola.co.uk online bingo players as did the previous season.

Twenty-five...

Read more on this story...

Leading online casino portal Casinos-Online.co.uk has today ( May 18th 2011 ) unveiled a new search facility of all the gambling news articles which have been published on the site.

Read more on this story...

True or false: Internet gambling is illegal in the United States?

Read more on this story...

Californian Senator Lou Correa, the author of California bill SB40, has added impetus to his online poker legalisation proposal by amending it to urgency status in order to ensure that the state can âEURњact quickly to secure potential online poker revenues before the opportunity is lostâEURќ.

Read more on this story...

Denise Coates, co-CEO and founder of the successful UK online gambling group Bet365.com, has revealed that the company has applied for an online gambling licence in Australia in its first offshore venture.

Read more on this story...

The veteran online bingo operator Bingo.com continues to struggle according to first quarter 2011 results published by the firm this week showing an 80 percent year-on-year decline in revenues to $247 044.

Read more on this story...

The independent online poker monitor Pokerscout's latest assessments show that the Black Friday indictments have continued to have a devastating effect on the major internet poker firms associated with the US federal action.

Read more on this story...

Patrick Kennedy, the chief executive of the online and land betting group Paddy Power, used this weekâEUR™s agm to criticise the cash-strapped Irish government's plans to double betting tax to 2 percent, warning that such a move could create job losses and the possible flight of operations to greener pastures.

Read more on this story...

There is speculation in Serbia that a blitz on illegal gambling last week may have been motivated at least partially by the need to eliminate corruption among some government officials.

Read more on this story...

Gambling and romance came together at the MGM Grand Casino in Connecticut this week when a Massachusetts man persuaded casino staff to help him arrange an unusual marriage proposal, reports UPI.

Read more on this story...