by Renee Israel

Ladbrokes Reports on Full Year Revenue Increase

Ladbrokes, a hulk UK land and online sports betting operator,
released a rough total for a full year of 2011, reflecting overall
positive results.

The group’s net revenues increasing by 0.4% to £980.3 million year
on year, while handling distinction decreased 0.4% to £193.5 million.

Ladbrokes announced that a debt had been reduced by 6.1% compared
to a prior year, and that a net debt was reduced by £38.1 million.

Most certain for a group, however, was a pointer adult numbers to
its online sports betting platform.  Ladbrokes reported that a enlargement of 77%
year on year took place in this department, while active players increasing by
24%.

The Chief Executive Officer of Ladbrokes, Richard Glynn pronounced about
the rough news and Ladbrokes’ 2011 income growth: “We are
continuing to make swell with a devise to energise Ladbrokes.”

Glynn pronounced that a UK sell business had achieved strongly over
the year, and over-the-counter had continued to infer volatile in a weak
economy, “with stakes marginally adult on 2010.”

The CEO pronounced that a grant from gaming machines had also
been glorious and that Ladbrokes had grown profit-per-shop for a second year
in a row, notwithstanding continued cost pressures.

Ladbrokes Plans Further Growth in 2012

Looking ahead, Richard Glynn pronounced that this year Ladbrokes
expects to build on 2011′s “growth in machines, strong cost control, a renewed
focus on internal marketplace competitiveness and a enlargement of a sell customer
experience.”

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Glynn pronounced that Ladbrokes was really gratified with a enlargement in
its patron numbers, and that a sportsbook and casino pointer ups had increased
strongly in a second half of 2011, following a commencement of increased
marketing investment in August.

“We are stability to deposit in record to urge our
delivery to a customer,” he said. “Mobile is delivering considerable enlargement with
further product enlargement and creation to come via a year.”

Ladbrokes to Invest in Marketing

The CEO of Ladbrokes reliable that a sports betting group
would continue to deposit in code and digital marketing, generally given it had
begun to see discernible advantages from final year’s investments.

He pronounced that while Ladbrokes still remained discreet as per the
outlook of a UK and universe economy, a organisation was but formulation further
growth in a UK’s sell gambling market, as good as in a digital market. 
“We design revenues to grow via a year as we build on a positive
growth in patron merger achieved to date,” he said.

SAN FRANCISCO and MIAMI, Feb. 16, 2012 /PRNewswire around COMTEX/ –
The Nevada Gaming Control Board’s statute final Oct to concede Nevada residents and visitors to play from online and mobile inclination from anywhere in a state was welcomed by people who like to play and wish to be means to do so regulating their mobile device.

While Nevada is a usually U.S. state where online and mobile gaming is authorised today, other states might follow fit following a U.S. Justice Department authorised opinion released in Dec in response to inquiries from New York and Illinois as to a legality of a sale of lottery tickets on a Internet, and this would serve fuel expansion in online and mobile gambling. According to a American Gaming Association, tellurian online gaming income in 2010 was scarcely $30 billion, with roughly $4 billion imagining in a U.S.

The plea is that it is formidable to establish if an online or mobile gamer is physically located in Nevada when he or she places a bet. Locaid Technologies is a initial network plcae provider to accommodate all of a mandate of a Nevada Gaming Control Board to yield certified, devoted plcae to capacitate in-state betting, but a intensity for “spoofing” location. The law Locaid GeoFence uses network plcae to build virtual, digital perimeters around any location, in any figure or size, such as a state of Nevada. Location information can afterwards be evaluated in context of a earthy universe map. Using this technology, Locaid can infer that a user is physically with a mobile device, and either a chairman is located within Nevada state borders, opposite any vital conduit mobile network – either a mobile device is indoors or outdoors, GPS-enabled or not, and either a device is a smartphone, underline phone, or laptop computer.

“Mobile gaming is a marketplace with huge expansion potential, and as a usually plcae use provider to accommodate all of a mandate of a Nevada Gaming Control Board, Locaid is also good positioned for expansion in this segment,” pronounced Rip Gerber, Locaid boss and CEO. “As mobile gaming gains headway, companies that rise and offer online and mobile gaming applications will find that it is needed to substantiate a gambler’s plcae to be in correspondence with state laws and best practices. Locaid is already a devoted provider to a series of providers in a U.S., and we also see an event to partner with general companies that would like to move online and mobile gaming applications to a U.S.”

Locaid’s record also facilities remoteness insurance and opt-in agreements to safeguard that user information is kept private.

Several online and mobile gaming companies have already tapped Locaid for plcae services, including American Wagering and Aristotle.

About Locaid

Locaid is a world’s largest Location-as-a-Service (LaaS) company. We work a plcae remoteness height that allows mobile developers to locate over 350 million inclination for craving authentication, rascal management, consumer plcae services and opt-in mobile marketing. Locaid locates smartphones, underline phones, tablets and any mobile device on heading wireless carriers, including America Movil, ATT, Rogers, Sprint, T-Mobile, TELUS and Verizon Wireless. Locaid also helps figure and make plcae remoteness policies around care roles on ruling associations, including a CTIA, MMA and IAPP. The largest financial institutions, mobile marketers, M2M platforms and mobile use providers get network plcae from Locaid. Location Matters.(TM) You can locate us at
http://www.loc-aid.com .


        CONTACT: Lora Friedrichsen or
                 Valerie Christopherson
                 Global Results Comms (GRC)
                 Locaid@globalresultspr.com
                 +1 949 608 0276

SOURCE Locaid

Copyright (C) 2012 PR Newswire. All rights reserved

Comtex

The success of Caesars Entertainment’s initial open charity final week reflected a multiple of a small distance and a softened prospects for legalization of online poker following a 2011 Justice Department statute that private some obstacles during a state level.

Caesars (ticker: CZR), that has been gearing adult for legalization, has one of a heading brands in a World Series of Poker. Yet a shares demeanour overpriced since a debt-laden association has small going for it besides a destiny in online poker. Its stream marketplace value of about $2 billion assumes legalization of online poker during state and sovereign levels …