Tuesday, January 16, 2007

NEWS: Real Time Gaming (RTG) is to leave the US market, as reported in eGaming Pulse. RTG’s office in Atlanta, Georgia, is to close in the ‘near future.’ RTG has been providing casino software since 1998.

The independent charity, Responsibility in Gambling Trust (RIGT), has issued a response to the British Medical Association’s (BMA) recommendations regarding treatment of gambling addiction. John Greenway, chairman of the RIGT, said: “The BMA report is a significant endorsement of RIGT’s own assessment of the need to fund not just helplines, public awareness programmes and the expansion of counselling and treatment services, but also research into the effectiveness of these measures and the education of young people about gambling issues.”

NEWSPAPERS AND WIRES: The Guardian and Reuters carry news of the former Neteller directors’ arrests. The Guardian says the US authorities ‘swooped’ on Lawrence and Lefebvre. Reuters says Neteller shares “closed at 176p on Monday, valuing it at around £211m.”

CITY: Neteller has suspended trading in its shares as a result of Lawrence and Lefebvre’s arrests. Sportingbet is down 1.25p to 39.5p, CryptoLogic is down 10p to 1245p and Ladbrokes is up 0.25p to 441.25p.

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