Magna Entertainment, America’s leading operator of horse racetracks and the company behind US online betting service XpressBet and Europe’s Magnabet.com, has made a last ditch attempt to maintain its Nasdaq listing by approving a reverse stock split of its shares under a 1:20 consolidation ratio.

AsianLogic Limited has announced a deal with a leading Macau hotel and casino to host its APT Poker Room. AsianLogic becomes the second operator to establish a poker room in Macau following the opening of the PokerStars poker room in May at the Grand Waldo Casino in Cotai.

Sporttip, the sports betting division of Swiss lottery company Swisslos, has reported a better than expected result from the Euro 2008 football championship which was jointly hosted by Switzerland and Austria.

Betex Group Plc, the UK based Asian facing lottery business, has announced the resignation of Dr Johnny Hon as Chairman and Director. Dr Hon founded Betex Group in January 2005 and was the major driving force behind the company's public listing on AIM in 2006.

Identity verification specialist 192.com Business Services has partnered with fraud screening specialist The 3rd Man, combining their industry leading tools into a single integrated service. 

The Swedish Football Association said on Monday that they would be interested in launching their own betting company should the Swedish government decide to deregulate the national gambling market.

Swedish mobile gaming developer Mobenga is to provide a mobile platform to Unibet, enabling players worldwide to access Unibet's portfolio of products including live betting.

William Hill plc and Grupo Codere SA are to withdraw from the Italian sports betting market, selling their joint venture company William Hill Codere Italia to Intralot Italia for a total consideration of €5.5 million.